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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,188	2,083	2,438	2,312	2,260	1,978
Other Revenue	43.29	43.29	35.48	40.54	37.06	15.65
Revenue	2,231	2,126	2,473	2,352	2,297	1,994
Revenue Growth (YoY)	-6.56%	-14.02%	5.14%	2.41%	15.21%	-
Cost of Revenue	1,973	1,870	2,198	1,951	1,818	1,497
Gross Profit	258.09	256.72	275.1	401.01	478.77	496.8
Selling, General & Admin	112.88	108.86	90.09	85.69	80.13	71.45
Research & Development	81.96	83.45	83.33	77	70.43	65
Other Operating Expenses	2.97	3.56	-3.16	6.38	12.57	9.23
Operating Expenses	197.58	193.96	172.05	172.17	166	146.97
Operating Income	60.51	62.76	103.05	228.84	312.77	349.83
Interest Expense	-2.89	-2.45	-5.04	-6.45	-8.97	-23.72
Interest & Investment Income	6.59	7.17	7.85	5.57	2.72	3.62
Currency Exchange Gain (Loss)	0.39	0.39	8.51	2.21	9.58	-2.7
Other Non Operating Income (Expenses)	-4.23	-3.28	-4.48	-4.65	-5.3	-4.87
EBT Excluding Unusual Items	60.37	64.58	109.89	225.52	310.8	322.17
Gain (Loss) on Sale of Investments	8.07	8.16	3.06	-3.6	-5.76	0.38
Gain (Loss) on Sale of Assets	0	0	-	-	-	-
Asset Writedown	5.85	-0.06	-0.1	-2.05	-0.02	-0.06
Other Unusual Items	6.21	6.21	7.26	12.04	24.53	19.41
Pretax Income	80.49	78.9	120.12	231.91	329.54	341.9
Income Tax Expense	0.72	0.66	6.97	25.7	44.22	43.63
Net Income	79.77	78.23	113.15	206.2	285.33	298.27
Net Income to Common	79.77	78.23	113.15	206.2	285.33	298.27
Net Income Growth	-9.62%	-30.86%	-45.13%	-27.73%	-4.34%	-
Shares Outstanding (Basic)	396	391	365	338	340	339
Shares Outstanding (Diluted)	396	391	365	338	340	339
Shares Change (YoY)	6.05%	7.17%	7.98%	-0.48%	0.21%	-
EPS (Basic)	0.20	0.20	0.31	0.61	0.84	0.88
EPS (Diluted)	0.20	0.20	0.31	0.61	0.84	0.88
EPS Growth	-14.78%	-35.48%	-49.18%	-27.38%	-4.54%	-
Free Cash Flow	-567.95	-741.12	155.65	133.73	173.25	341.74
Free Cash Flow Per Share	-1.43	-1.90	0.43	0.40	0.51	1.01
Gross Margin	11.57%	12.07%	11.12%	17.05%	20.84%	24.92%
Operating Margin	2.71%	2.95%	4.17%	9.73%	13.62%	17.55%
Profit Margin	3.57%	3.68%	4.58%	8.77%	12.42%	14.96%
Free Cash Flow Margin	-25.45%	-34.85%	6.29%	5.68%	7.54%	17.14%
EBITDA	215.32	216.07	250.36	372.4	443.15	484.79
EBITDA Margin	9.65%	10.16%	10.12%	15.83%	19.29%	24.32%
D&A For EBITDA	154.82	153.31	147.31	143.56	130.38	134.95
EBIT	60.51	62.76	103.05	228.84	312.77	349.83
EBIT Margin	2.71%	2.95%	4.17%	9.73%	13.62%	17.55%
Effective Tax Rate	0.89%	0.84%	5.80%	11.08%	13.42%	12.76%
Revenue as Reported	2,231	2,126	2,473	2,352	-	-
Advertising Expenses	-	8.03	5.37	4.51	-	-

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