Sinolong New Materials Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,163	2,438	2,312	2,260	1,978
Other Revenue	35.48	35.48	40.54	37.06	15.65
Revenue	2,199	2,473	2,352	2,297	1,994
Revenue Growth (YoY)	-10.96%	5.14%	2.41%	15.21%	-
Cost of Revenue	1,946	2,198	1,951	1,818	1,497
Gross Profit	252.39	275.1	401.01	478.77	496.8
Selling, General & Admin	103.81	90.09	85.69	80.13	71.45
Research & Development	91.29	83.33	77	70.43	65
Other Operating Expenses	8.94	-3.16	6.38	12.57	9.23
Operating Expenses	203.26	172.05	172.17	166	146.97
Operating Income	49.13	103.05	228.84	312.77	349.83
Interest Expense	-3.46	-5.04	-6.45	-8.97	-23.72
Interest & Investment Income	7.48	7.85	5.57	2.72	3.62
Currency Exchange Gain (Loss)	8.51	8.51	2.21	9.58	-2.7
Other Non Operating Income (Expenses)	-7.5	-4.48	-4.65	-5.3	-4.87
EBT Excluding Unusual Items	54.16	109.89	225.52	310.8	322.17
Gain (Loss) on Sale of Investments	8.9	3.06	-3.6	-5.76	0.38
Asset Writedown	-12.93	-0.1	-2.05	-0.02	-0.06
Other Unusual Items	12.82	7.26	12.04	24.53	19.41
Pretax Income	62.9	120.12	231.91	329.54	341.9
Income Tax Expense	-1.83	6.97	25.7	44.22	43.63
Net Income	64.73	113.15	206.2	285.33	298.27
Net Income to Common	64.73	113.15	206.2	285.33	298.27
Net Income Growth	-59.08%	-45.13%	-27.73%	-4.34%	-
Shares Outstanding (Basic)	395	365	338	340	339
Shares Outstanding (Diluted)	395	365	338	340	339
Shares Change (YoY)	11.94%	7.98%	-0.48%	0.21%	-
EPS (Basic)	0.16	0.31	0.61	0.84	0.88
EPS (Diluted)	0.16	0.31	0.61	0.84	0.88
EPS Growth	-63.44%	-49.18%	-27.38%	-4.54%	-
Free Cash Flow	-731.21	155.65	133.73	173.25	341.74
Free Cash Flow Per Share	-1.85	0.43	0.40	0.51	1.01
Gross Margin	11.48%	11.12%	17.05%	20.84%	24.92%
Operating Margin	2.23%	4.17%	9.73%	13.62%	17.55%
Profit Margin	2.94%	4.58%	8.77%	12.42%	14.96%
Free Cash Flow Margin	-33.25%	6.29%	5.68%	7.54%	17.14%
EBITDA	198.35	249.85	372.4	443.15	484.79
EBITDA Margin	9.02%	10.10%	15.83%	19.29%	24.32%
D&A For EBITDA	149.22	146.79	143.56	130.38	134.95
EBIT	49.13	103.05	228.84	312.77	349.83
EBIT Margin	2.23%	4.17%	9.73%	13.62%	17.55%
Effective Tax Rate	-	5.80%	11.08%	13.42%	12.76%
Revenue as Reported	2,199	2,473	2,352	-	-
Advertising Expenses	-	5.37	4.51	-	-

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