Shenzhen Jdd Tech New Material Co., Ltd (SHE:301538)

SHE:301538 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	926.4	862.08	641.95	521	465.96	325.68
Other Revenue	2.42	2.42	1.74	1.15	0.65	0.29
Revenue	928.83	864.5	643.7	522.15	466.61	325.98
Revenue Growth (YoY)	34.71%	34.30%	23.28%	11.90%	43.14%	15.76%
Cost of Revenue	555.41	500.53	369.04	299.86	254.34	168.1
Gross Profit	373.42	363.97	274.66	222.29	212.27	157.87
Selling, General & Admin	124.63	118.51	85.93	73.04	73.22	57.7
Research & Development	45.03	41.6	29.14	22.51	19.65	13.88
Other Operating Expenses	5.19	3.77	2.7	4.16	3.43	5.21
Operating Expenses	179.72	168.58	122.79	101.87	98.43	77.26
Operating Income	193.71	195.39	151.87	120.42	113.84	80.61
Interest Expense	-0.31	-0.41	-0.42	-0.07	-	-
Interest & Investment Income	8.5	7.01	1.4	0.26	0.92	1.43
Currency Exchange Gain (Loss)	1.72	1.72	1.41	3.47	-2.5	-2.85
Other Non Operating Income (Expenses)	-3.06	-1.9	-1.01	-1.14	-1.18	-1.06
EBT Excluding Unusual Items	200.57	201.8	153.25	122.93	111.08	78.13
Gain (Loss) on Sale of Investments	0.39	0.23	-	-	-	0.44
Gain (Loss) on Sale of Assets	0.46	0.44	0.01	0.05	0.08	0.08
Asset Writedown	-0.15	-0.2	-0.2	-0.22	-0.44	-0.73
Other Unusual Items	5.26	4.09	7.02	4.85	3.87	4.59
Pretax Income	206.53	206.36	160.09	127.6	114.59	82.51
Income Tax Expense	29.08	30.38	20.43	13.39	16.04	11.89
Net Income	177.45	175.98	139.66	114.21	98.55	70.63
Net Income to Common	177.45	175.98	139.66	114.21	98.55	70.63
Net Income Growth	8.46%	26.00%	22.28%	15.90%	39.54%	24.59%
Shares Outstanding (Basic)	56	54	46	42	42	42
Shares Outstanding (Diluted)	56	54	46	42	42	42
Shares Change (YoY)	19.15%	16.30%	9.53%	-0.15%	-0.03%	0.18%
EPS (Basic)	3.17	3.29	3.04	2.72	2.34	1.68
EPS (Diluted)	3.17	3.29	3.04	2.72	2.34	1.68
EPS Growth	-8.98%	8.34%	11.64%	16.07%	39.57%	24.37%
Free Cash Flow	-81.06	-63.6	35.45	-0.75	-13.51	23.05
Free Cash Flow Per Share	-1.45	-1.19	0.77	-0.02	-0.32	0.55
Dividend Per Share	0.800	0.800	0.500	-	-	-
Dividend Growth	60.00%	60.00%	-	-	-	-
Gross Margin	40.20%	42.10%	42.67%	42.57%	45.49%	48.43%
Operating Margin	20.86%	22.60%	23.59%	23.06%	24.40%	24.73%
Profit Margin	19.11%	20.36%	21.70%	21.87%	21.12%	21.67%
Free Cash Flow Margin	-8.73%	-7.36%	5.51%	-0.14%	-2.89%	7.07%
EBITDA	228.09	228.27	178.72	139.21	126.53	89.38
EBITDA Margin	24.56%	26.41%	27.76%	26.66%	27.12%	27.42%
D&A For EBITDA	34.39	32.88	26.85	18.79	12.69	8.77
EBIT	193.71	195.39	151.87	120.42	113.84	80.61
EBIT Margin	20.86%	22.60%	23.59%	23.06%	24.40%	24.73%
Effective Tax Rate	14.08%	14.72%	12.76%	10.50%	14.00%	14.41%
Revenue as Reported	928.83	864.5	643.7	522.15	466.61	325.98
Advertising Expenses	-	1.23	1.29	0.72	0.88	0.54

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