Sinolong New Materials Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,473	2,312	2,260	1,978
Other Revenue	-	40.54	37.06	15.65
Revenue	2,473	2,352	2,297	1,994
Revenue Growth (YoY)	5.14%	2.41%	15.21%	-
Cost of Revenue	2,183	1,951	1,818	1,497
Gross Profit	290.2	401.01	478.77	496.8
Selling, General & Admin	90.09	85.69	80.13	71.45
Research & Development	83.33	77	70.43	65
Other Operating Expenses	-10.51	6.38	12.57	9.23
Operating Expenses	162.91	172.17	166	146.97
Operating Income	127.28	228.84	312.77	349.83
Interest Expense	-	-6.45	-8.97	-23.72
Interest & Investment Income	0.59	5.57	2.72	3.62
Currency Exchange Gain (Loss)	-	2.21	9.58	-2.7
Other Non Operating Income (Expenses)	4.29	-4.65	-5.3	-4.87
EBT Excluding Unusual Items	132.16	225.52	310.8	322.17
Gain (Loss) on Sale of Investments	3.06	-3.6	-5.76	0.38
Asset Writedown	-15.1	-2.05	-0.02	-0.06
Other Unusual Items	-	12.04	24.53	19.41
Pretax Income	120.12	231.91	329.54	341.9
Income Tax Expense	6.97	25.7	44.22	43.63
Net Income	113.15	206.2	285.33	298.27
Net Income to Common	113.15	206.2	285.33	298.27
Net Income Growth	-45.13%	-27.73%	-4.34%	-
Shares Outstanding (Basic)	365	338	340	339
Shares Outstanding (Diluted)	365	338	340	339
Shares Change (YoY)	7.98%	-0.48%	0.21%	-
EPS (Basic)	0.31	0.61	0.84	0.88
EPS (Diluted)	0.31	0.61	0.84	0.88
EPS Growth	-49.18%	-27.38%	-4.54%	-
Free Cash Flow	155.65	133.73	173.25	341.74
Free Cash Flow Per Share	0.43	0.40	0.51	1.01
Gross Margin	11.73%	17.05%	20.84%	24.92%
Operating Margin	5.15%	9.73%	13.62%	17.55%
Profit Margin	4.58%	8.77%	12.42%	14.96%
Free Cash Flow Margin	6.29%	5.68%	7.54%	17.14%
EBITDA	274.6	372.4	443.15	484.79
EBITDA Margin	11.10%	15.83%	19.29%	24.32%
D&A For EBITDA	147.31	143.56	130.38	134.95
EBIT	127.28	228.84	312.77	349.83
EBIT Margin	5.15%	9.73%	13.62%	17.55%
Effective Tax Rate	5.80%	11.08%	13.42%	12.76%

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