Zhejiang Sanmei Chemical Industry Co.,Ltd. (SHA:603379)

SHA:603379 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,227	3,974	3,266	4,636	3,872	2,636
Other Revenue	65.76	65.76	68.13	134.63	176.16	84.8
Revenue	4,293	4,040	3,334	4,771	4,048	2,721
Revenue Growth (YoY)	22.14%	21.17%	-30.12%	17.84%	48.80%	-30.85%
Cost of Revenue	2,745	2,839	2,888	4,043	3,144	2,320
Gross Profit	1,548	1,200	445.79	727.28	904.23	400.32
Selling, General & Admin	245.92	227.87	217.03	229.61	185.72	156.37
Research & Development	86.36	80.95	53.06	38.31	26.82	25.25
Other Operating Expenses	9.93	14.33	19.75	21.48	11.36	11.7
Operating Expenses	346.66	324.45	284.87	275.84	244.71	191.07
Operating Income	1,201	875.72	160.92	451.44	659.52	209.25
Interest Expense	-0.2	-0.16	-0.17	-0.31	-0.29	-0.33
Interest & Investment Income	73.58	79.27	111.42	70.96	22.33	67.32
Currency Exchange Gain (Loss)	20.04	20.04	16.12	92.36	-23.41	-39.52
Other Non Operating Income (Expenses)	0.83	5.09	8.42	2.99	-12.54	-3.34
EBT Excluding Unusual Items	1,295	979.95	296.71	617.44	645.61	233.39
Impairment of Goodwill	-	-	-	-	-0.07	-
Gain (Loss) on Sale of Investments	-0.49	-1.71	-11.12	12.44	57.43	26.64
Gain (Loss) on Sale of Assets	1.35	1.39	-0.97	-2.78	-2.69	-3.75
Asset Writedown	-26.35	-26.37	-	-	-	-
Other Unusual Items	12.18	12.18	90.82	16.14	3.08	38.37
Pretax Income	1,282	965.44	375.43	643.24	703.36	294.64
Income Tax Expense	263.58	190.6	95.78	157.67	167.19	73.07
Earnings From Continuing Operations	1,018	774.84	279.64	485.57	536.17	221.57
Minority Interest in Earnings	6.28	3.7	-	-	-	0.27
Net Income	1,025	778.54	279.64	485.57	536.17	221.85
Net Income to Common	1,025	778.54	279.64	485.57	536.17	221.85
Net Income Growth	147.55%	178.40%	-42.41%	-9.44%	141.69%	-65.65%
Shares Outstanding (Basic)	606	608	608	607	609	616
Shares Outstanding (Diluted)	610	613	608	607	609	616
Shares Change (YoY)	2.46%	0.84%	0.16%	-0.38%	-1.13%	4.95%
EPS (Basic)	1.69	1.28	0.46	0.80	0.88	0.36
EPS (Diluted)	1.68	1.27	0.46	0.80	0.88	0.36
EPS Growth	141.60%	176.09%	-42.50%	-9.09%	144.44%	-67.27%
Free Cash Flow	48.2	-28.05	-164.89	200.02	100.83	421.19
Free Cash Flow Per Share	0.08	-0.05	-0.27	0.33	0.17	0.68
Dividend Per Share	0.450	0.450	0.230	0.239	0.170	0.110
Dividend Growth	95.65%	95.65%	-3.77%	40.59%	54.55%	-65.77%
Gross Margin	36.06%	29.71%	13.37%	15.25%	22.34%	14.71%
Operating Margin	27.98%	21.68%	4.83%	9.46%	16.29%	7.69%
Profit Margin	23.87%	19.27%	8.39%	10.18%	13.24%	8.15%
Free Cash Flow Margin	1.12%	-0.69%	-4.95%	4.19%	2.49%	15.48%
EBITDA	1,347	1,015	274.71	552.68	756.4	304.72
EBITDA Margin	31.37%	25.12%	8.24%	11.58%	18.68%	11.20%
D&A For EBITDA	145.54	139.19	113.79	101.24	96.89	95.47
EBIT	1,201	875.72	160.92	451.44	659.52	209.25
EBIT Margin	27.98%	21.68%	4.83%	9.46%	16.29%	7.69%
Effective Tax Rate	20.56%	19.74%	25.51%	24.51%	23.77%	24.80%
Revenue as Reported	4,293	4,040	3,334	4,771	4,048	2,721
Advertising Expenses	-	2.19	2.99	5.14	5.23	5.79

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