Jinfu Technology Co Ltd

SZSE:003018

China / Materials / Containers & Packaging

Overview

News

5Y Historical Financials

Stock Price

10.52 CNY


Key Metrics	Latest
Total Revenue	892.3 M
Adjusted EBITDA	257.4 M
EBITDA Margin	28.9%
Net Profit Margin	15.9%
Total Assets	1.899 B
Total Debt	169.9 M

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Jan-22	Jan-23	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	514.36	659.39	738.07	773.45	892.25	892.25	773.45	892.25
% Growth		0.28	0.12	0.05	0.15			0.15

Adjusted EBITDA	155.39	193.96	187.61	190.98	257.42	257.42	190.98	257.42
% Margin	0.30	0.29	0.25	0.25	0.29	0.29	0.25	0.29

Adjusted EBIT	99.29	125.72	107.31	122.78	171.25	171.25	122.78	171.25
% Margin	0.19	0.19	0.15	0.16	0.19	0.19	0.16	0.19

Adjusted Net Income	84.55	118.06	101.61	110.63	142.19	142.19	110.63	142.19
% Margin	0.16	0.18	0.14	0.14	0.16	0.16	0.14	0.16

Adjusted Basic EPS	0.42	0.46	0.39	0.43	0.54	0.54	0.43	0.54

Supporting Calculations

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
CNY	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Jan-22	Jan-23	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	514	659	738	773	892	892	773	892
% Growth	NA	28.2%	11.9%	4.8%	15.4%			15.4%

Cost of Revenue	(373)	(476)	(567)	(576)	(642)	(642)	(576)	(642)
Gross Profit	142	183	171	197	250	250	197	250
% Revenue	27.6%	27.8%	23.2%	25.5%	28.0%	28.0%	25.5%	28.0%

Research and Development	(14)	(18)	(20)	(24)	(29)	(29)	(24)	(29)
Selling and Marketing	(4)	(4)	(5)	(6)	(6)	(6)	(6)	(6)
General and Admin	(21)	(31)	(34)	(41)	(46)	(46)	(41)	(46)
Other Inc / (Exp)	1	(1)	(2)	(6)	(5)	(5)	(6)	(5)
Total Operating Exp	(38)	(54)	(62)	(77)	(86)	(86)	(77)	(86)

Operating Income	104	130	109	121	164	164	121	164
% Revenue	20.2%	19.7%	14.8%	15.6%	18.4%	18.4%	15.6%	18.4%

Interest Expense	2	18	15	10	0	0	10	0
Pre-tax Income	106	147	124	131	164	164	131	164
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(17)	(26)	(19)	(20)	(23)	(23)	(20)	(23)
Net Income to Company	88	121	105	111	141	141	111	141
% Margin	17.1%	18.4%	14.2%	14.4%	15.8%	15.8%	14.4%	15.8%

Minority Interest in Earnings	0	0	0	0	0	0	0	0
Net Income to Stockholders	88	121	105	111	141	141	111	141

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0

Net Income to Common	88	121	105	111	141	141	111	141
% Margin	17.1%	18.4%	14.2%	14.4%	15.8%	15.8%	14.4%	15.8%

As Reported
Basic EPS (Continuing Ops)	0.44	0.47	0.40	0.43	0.54	0.54	0.43	0.54
Diluted EPS (Continuing Ops)	0.44	0.47	0.40	0.43	0.54	0.54	0.43	0.54

WA Basic Shares Out.	200.47	258.14	261.42	258.29	261.49	261.49	258.29	261.49
WA Diluted Shares Out.	200.47	258.14	261.42	258.29	261.49	261.49	258.29	261.49

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	106	147	124	131	164	164	131	164
Addback: Net Interest Expense	(2)	(18)	(15)	(10)	0	0	(10)	0
Addback: Other Non Operating Expenses, Total	0	0	2	2	6	6	2	6
Addback: Depreciation & Amortization	56	68	80	68	86	86	68	86
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	0	(0)	(2)	(0)	0	0	(0)	0
Addback: Asset Writedown	0	0	0	0	1	1	0	1
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	(5)	(4)	(2)	(1)	0	0	(1)	0
Adjusted EBITDA	155	194	188	191	257	257	191	257
% Margin	30.2%	29.4%	25.4%	24.7%	28.9%	28.9%	24.7%	28.9%

Adjusted EBIT	99	126	107	123	171	171	123	171
% Margin	19.3%	19.1%	14.5%	15.9%	19.2%	19.2%	15.9%	19.2%

Adjusted Net Income Reconciliation
Net Income to Company	88	121	105	111	141	141	111	141
Addback: Unusual Items	(5)	(4)	(4)	(1)	1	1	(1)	1
Less: Tax Benefit of Unusual Items (26%)	1	1	1	0	(0)	(0)	0	(0)
Adjusted Net Income	85	118	102	111	142	142	111	142
% Margin	16.4%	17.9%	13.8%	14.3%	15.9%	15.9%	14.3%	15.9%

Loading Error

Jinfu Technology Co Ltd

SZSE:003018

China / Materials / Containers & Packaging

5Y Historical Financials