GuangDong Suqun New Material Co.,Ltd. (SHE:301489)

SHE:301489 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	816.85	650.51	431.33	419.47	448.88	295.14
Other Revenue	8.67	5.63	2.92	3.2	-	-
Revenue	825.52	656.14	434.25	422.67	448.88	295.14
Revenue Growth (YoY)	80.82%	51.10%	2.74%	-5.84%	52.09%	8.25%
Cost of Revenue	633.33	505.47	327.2	315.5	326.93	193.17
Gross Profit	192.19	150.67	107.05	107.18	121.95	101.97
Selling, General & Admin	74.28	50.77	25.9	21.71	31.66	24.4
Research & Development	45.98	36.2	23.14	23.27	27.35	16.07
Other Operating Expenses	1.53	2.61	0.51	1.35	0.72	1.15
Operating Expenses	128.16	99.26	51.04	47.56	60.85	42.23
Operating Income	64.03	51.41	56.01	59.62	61.1	59.74
Interest Expense	-3.64	-2.36	-0.57	-1.09	-0.9	-0.34
Interest & Investment Income	5.75	7.92	4.81	0.8	0.52	1.03
Currency Exchange Gain (Loss)	-2	-0.9	1.23	-1.08	-0.45	-0.67
Other Non Operating Income (Expenses)	-0.65	-0.58	-0.17	-0.15	-0.15	0.26
EBT Excluding Unusual Items	63.48	55.49	61.31	58.09	60.11	60.01
Gain (Loss) on Sale of Investments	0.13	0.13	-	-	-	-
Gain (Loss) on Sale of Assets	-0.07	-0.31	-0.36	-	-0.02	0.12
Asset Writedown	-0.5	-0.37	-0.02	-0	-0.1	-0.03
Other Unusual Items	2.07	1.03	1.35	4.15	3.2	0.75
Pretax Income	65.12	55.96	62.28	62.24	63.2	60.85
Income Tax Expense	9.21	7.57	7.42	3.73	5.07	7.16
Earnings From Continuing Operations	55.9	48.39	54.86	58.51	58.13	53.7
Minority Interest in Earnings	4.15	4.06	-0.28	-0.08	-0.74	-0.7
Net Income	60.06	52.46	54.58	58.43	57.39	52.99
Net Income to Common	60.06	52.46	54.58	58.43	57.39	52.99
Net Income Growth	12.03%	-3.88%	-6.60%	1.82%	8.30%	44.93%
Shares Outstanding (Basic)	92	81	64	61	60	55
Shares Outstanding (Diluted)	92	81	64	61	60	55
Shares Change (YoY)	48.90%	26.74%	5.08%	0.31%	9.11%	14.64%
EPS (Basic)	0.65	0.65	0.86	0.96	0.95	0.96
EPS (Diluted)	0.65	0.65	0.86	0.96	0.95	0.96
EPS Growth	-24.76%	-24.16%	-11.12%	1.50%	-0.74%	26.42%
Free Cash Flow	-124.87	-198.75	-2.43	-63.98	-41.81	-4.4
Free Cash Flow Per Share	-1.35	-2.46	-0.04	-1.06	-0.69	-0.08
Dividend Per Share	0.179	0.179	0.181	-	-	0.343
Dividend Growth	-1.54%	-1.54%	-	-	-	-
Gross Margin	23.28%	22.96%	24.65%	25.36%	27.17%	34.55%
Operating Margin	7.76%	7.84%	12.90%	14.10%	13.61%	20.24%
Profit Margin	7.27%	7.99%	12.57%	13.83%	12.78%	17.95%
Free Cash Flow Margin	-15.13%	-30.29%	-0.56%	-15.14%	-9.31%	-1.49%
EBITDA	99.41	76.08	74.27	74.34	72.13	65.75
EBITDA Margin	12.04%	11.59%	17.10%	17.59%	16.07%	22.28%
D&A For EBITDA	35.39	24.67	18.26	14.72	11.03	6.01
EBIT	64.03	51.41	56.01	59.62	61.1	59.74
EBIT Margin	7.76%	7.83%	12.90%	14.10%	13.61%	20.24%
Effective Tax Rate	14.15%	13.53%	11.92%	6.00%	8.02%	11.76%
Revenue as Reported	825.52	656.14	434.25	422.67	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.