Swancor Advanced Materials Co., Ltd. (SHA:688585)

SHA:688585 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,581	1,494	1,399	1,859	2,072	1,946
Other Revenue	0.24	0.12	0.38	0.71	0.73	0.05
Revenue	1,581	1,494	1,400	1,860	2,073	1,946
Revenue Growth (YoY)	9.31%	6.73%	-24.74%	-10.27%	6.51%	44.28%
Cost of Revenue	1,340	1,259	1,186	1,619	1,898	1,649
Gross Profit	241.33	235.32	214.01	240.48	174.87	296.64
Selling, General & Admin	98.96	97.39	86.87	100.16	109.72	99.14
Research & Development	36.64	30.31	31.32	32.67	32.34	29.74
Other Operating Expenses	4.36	3.75	2.8	4.72	3.25	5.13
Operating Expenses	136.48	130.49	122.19	136.14	146.86	134.15
Operating Income	104.85	104.83	91.82	104.34	28.01	162.49
Interest Expense	-0.8	-0.36	-0.95	-4.42	-10.57	-6.23
Interest & Investment Income	5.91	7.84	2.82	1.96	2.71	1.9
Currency Exchange Gain (Loss)	-6.16	11.21	2.01	7.74	-8.07	-0.27
Other Non Operating Income (Expenses)	-0.99	-0.16	-0.18	-0.63	-2.07	-1.19
EBT Excluding Unusual Items	102.82	123.35	95.52	108.99	10.02	156.7
Gain (Loss) on Sale of Investments	-11.12	-11.12	-3.43	-0.12	-	-
Gain (Loss) on Sale of Assets	-0.15	0	0.19	-2.15	-0.16	-0.04
Other Unusual Items	4.93	2.37	2.26	0.8	0.28	-4.75
Pretax Income	96.48	114.6	94.55	107.51	10.14	151.92
Income Tax Expense	23	26.93	23.63	23.37	-2.43	32.97
Earnings From Continuing Operations	73.47	87.67	70.92	84.15	12.58	118.95
Minority Interest in Earnings	0.54	1.01	0.02	-	-	-
Net Income	74.01	88.68	70.94	84.15	12.58	118.95
Net Income to Common	74.01	88.68	70.94	84.15	12.58	118.95
Net Income Growth	-11.37%	25.00%	-15.69%	569.04%	-89.43%	51.98%
Shares Outstanding (Basic)	414	403	394	401	419	372
Shares Outstanding (Diluted)	414	403	394	401	419	372
Shares Change (YoY)	4.39%	2.28%	-1.64%	-4.42%	12.78%	4.49%
EPS (Basic)	0.18	0.22	0.18	0.21	0.03	0.32
EPS (Diluted)	0.18	0.22	0.18	0.21	0.03	0.32
EPS Growth	-15.09%	22.22%	-14.29%	600.00%	-90.63%	45.45%
Free Cash Flow	142.52	9.06	307.69	-73.86	-117.31	-89.68
Free Cash Flow Per Share	0.34	0.02	0.78	-0.18	-0.28	-0.24
Dividend Per Share	0.031	0.070	0.021	0.022	-	0.080
Dividend Growth	-48.33%	233.33%	-4.54%	-	-	-
Gross Margin	15.27%	15.75%	15.29%	12.93%	8.44%	15.24%
Operating Margin	6.63%	7.02%	6.56%	5.61%	1.35%	8.35%
Profit Margin	4.68%	5.94%	5.07%	4.52%	0.61%	6.11%
Free Cash Flow Margin	9.01%	0.61%	21.98%	-3.97%	-5.66%	-4.61%
EBITDA	140.09	138.85	123.03	136.01	58.52	189.26
EBITDA Margin	8.86%	9.29%	8.79%	7.31%	2.82%	9.73%
D&A For EBITDA	35.25	34.02	31.21	31.66	30.5	26.77
EBIT	104.85	104.83	91.82	104.34	28.01	162.49
EBIT Margin	6.63%	7.02%	6.56%	5.61%	1.35%	8.35%
Effective Tax Rate	23.84%	23.50%	24.99%	21.73%	-	21.70%
Revenue as Reported	1,581	1,494	1,400	1,860	2,073	1,946

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