Shandong Sinocera Functional Material Co., Ltd. (SINOCERA) income statement

SHZ · Basic Materials · Chemicals - Specialty · 5,170 employees · CEO Xi Yun Huo

Price: CN¥38.55 +3.35%
Market cap: CN¥38.4B
Enterprise value: CN¥39.4B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-22 EPS est. CN¥0.18

Shandong Sinocera Functional Material Co., Ltd. (SINOCERA) reported revenue of CN¥1.57B for Q3 '26 (+38.7% year on year), operating income of CN¥222M (14.2% of revenue) and net income of CN¥183M. Over the last four quarters revenue was CN¥5.38B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥1.07B	CN¥827M	CN¥1.13B	CN¥1.01B	CN¥1.08B	CN¥975M	CN¥1.18B	CN¥1.13B	CN¥1.3B	CN¥1.06B	CN¥1.45B	CN¥1.57B
Cost of revenue	CN¥639M	CN¥506M	CN¥670M	CN¥615M	CN¥694M	CN¥616M	CN¥721M	CN¥704M	CN¥845M	CN¥673M	CN¥914M	CN¥989M
Gross profit	CN¥433M	CN¥321M	CN¥457M	CN¥398M	CN¥386M	CN¥359M	CN¥458M	CN¥426M	CN¥454M	CN¥391M	CN¥535M	CN¥577M
Research & development	CN¥87.4M	CN¥61.8M	CN¥73.3M	CN¥73.4M	CN¥85.1M	CN¥70.9M	CN¥72.1M	CN¥86M	CN¥81.2M	CN¥0	CN¥85.8M	CN¥108M
Sales & marketing	CN¥46M	CN¥44.5M	CN¥55.9M	CN¥70.6M	CN¥58.2M	CN¥56.1M	CN¥72.4M	CN¥74.8M	CN¥0	CN¥0	CN¥0	CN¥0
General & administrative	CN¥94.8M	CN¥56.2M	CN¥78.9M	CN¥63M	CN¥112M	CN¥65.8M	CN¥73M	CN¥67.3M	CN¥158M	CN¥142M	CN¥0	CN¥0
Other operating expenses	CN¥28.5M	-CN¥5.18M	-CN¥16M	CN¥5.86M	-CN¥31.1M	-CN¥3.65M	-CN¥25.3M	-CN¥3.9M	CN¥79.6M	CN¥81.4M	CN¥26.2M	CN¥7.07M
Operating expenses	CN¥257M	CN¥157M	CN¥192M	CN¥213M	CN¥225M	CN¥189M	CN¥192M	CN¥224M	CN¥319M	CN¥223M	CN¥298M	CN¥355M
Operating income	CN¥177M	CN¥164M	CN¥265M	CN¥185M	CN¥162M	CN¥169M	CN¥266M	CN¥202M	CN¥134M	CN¥168M	CN¥237M	CN¥222M
Interest income	CN¥8.06M	CN¥5.16M	CN¥2.71M	CN¥1.52M	CN¥11.2M	CN¥2.37M	CN¥2.45M	CN¥4.55M	CN¥5.56M	CN¥0	CN¥3.83M	CN¥1.76M
Interest expense	CN¥12.4M	CN¥7.98M	CN¥6.01M	CN¥6.48M	CN¥4.95M	CN¥1.91M	CN¥7.9M	CN¥0	CN¥5.15M	CN¥4.6M	CN¥5.22M	CN¥9.37M
Other non-operating income (gains on investments, FX ...)	CN¥35.4M	-CN¥3.4M	CN¥6.99M	CN¥7.41M	CN¥2.3M	CN¥5.96M	CN¥31.9M	-CN¥20.4M	CN¥797K	-CN¥2.73M	CN¥0	CN¥0
Total non-operating income	-CN¥15.7M	CN¥1.23M	-CN¥1.73M	CN¥933K	-CN¥14.5M	CN¥292K	-CN¥3.08M	-CN¥1.77M	-CN¥5.95M	-CN¥1.87M	CN¥33.1M	CN¥1.96M
Income before tax	CN¥161M	CN¥165M	CN¥263M	CN¥186M	CN¥147M	CN¥170M	CN¥263M	CN¥200M	CN¥128M	CN¥166M	CN¥270M	CN¥224M
Income tax	CN¥25.5M	CN¥18.3M	CN¥38.1M	CN¥17.7M	CN¥18.8M	CN¥20.6M	CN¥37.3M	CN¥22.9M	CN¥9.3M	CN¥17.6M	CN¥32.1M	CN¥30.8M
Net income	CN¥128M	CN¥133M	CN¥197M	CN¥152M	CN¥123M	CN¥136M	CN¥196M	CN¥158M	CN¥121M	CN¥142M	CN¥220M	CN¥183M
EPS (basic)	CN¥0.13	CN¥0.13	CN¥0.20	CN¥0.15	CN¥0.12	CN¥0.14	CN¥0.20	CN¥0.16	CN¥0.12	CN¥0.14	CN¥0.22	CN¥0.18
EPS (diluted)	CN¥0.13	CN¥0.13	CN¥0.20	CN¥0.15	CN¥0.12	CN¥0.14	CN¥0.20	CN¥0.16	CN¥0.12	CN¥0.14	CN¥0.22	CN¥0.18
Shares (basic, weighted)	997M	997M	990M	991M	991M	970M	991M	991M	991M	991M	988M	988M
Shares (diluted, weighted)	997M	997M	990M	991M	991M	970M	991M	991M	991M	991M	988M	988M
Depreciation & amortization	CN¥64M	CN¥75.9M	CN¥75.9M	CN¥90.5M	CN¥90.5M	CN¥85.5M	CN¥85.5M	CN¥86.3M	CN¥86.3M	CN¥92.6M	CN¥92.6M	CN¥0
EBITDA	CN¥205M	CN¥243M	CN¥334M	CN¥268M	CN¥250M	CN¥249M	CN¥320M	CN¥308M	CN¥219M	CN¥263M	CN¥329M	CN¥222M

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥684M	CN¥1.22B	CN¥1.8B	CN¥2.15B	CN¥2.54B	CN¥3.16B	CN¥3.17B	CN¥3.86B	CN¥4.05B	CN¥4.56B
Cost of revenue	CN¥427M	CN¥753M	CN¥997M	CN¥1.13B	CN¥1.37B	CN¥1.75B	CN¥2.07B	CN¥2.4B	CN¥2.48B	CN¥2.95B
Gross profit	CN¥256M	CN¥465M	CN¥801M	CN¥1.02B	CN¥1.17B	CN¥1.41B	CN¥1.1B	CN¥1.46B	CN¥1.56B	CN¥1.61B
Research & development	CN¥46.2M	CN¥74M	CN¥103M	CN¥138M	CN¥161M	CN¥206M	CN¥225M	CN¥262M	CN¥294M	CN¥286M
Sales & marketing	CN¥26.3M	CN¥36.2M	CN¥80.7M	CN¥113M	CN¥105M	CN¥110M	CN¥135M	CN¥187M	CN¥229M	CN¥0
General & administrative	CN¥85.4M	CN¥61M	CN¥96.5M	CN¥115M	CN¥135M	CN¥161M	CN¥182M	CN¥250M	CN¥304M	CN¥543M
Other operating expenses	-CN¥51.7M	CN¥2.4M	-CN¥88.4M	CN¥32.6M	CN¥56.6M	-CN¥11.9M	-CN¥22.3M	CN¥43.1M	-CN¥40.2M	CN¥78.8M
Operating expenses	CN¥106M	CN¥174M	CN¥192M	CN¥399M	CN¥458M	CN¥465M	CN¥520M	CN¥742M	CN¥787M	CN¥908M
Operating income	CN¥150M	CN¥291M	CN¥609M	CN¥621M	CN¥712M	CN¥945M	CN¥577M	CN¥720M	CN¥775M	CN¥698M
Interest income	CN¥14.4M	CN¥13.6M	CN¥4.18M	CN¥4.13M	CN¥4.08M	CN¥19.4M	CN¥25M	CN¥8.15M	CN¥9.19M	CN¥14.7M
Interest expense	CN¥4.29M	CN¥26.3M	CN¥38.7M	CN¥24.8M	CN¥12.9M	CN¥19.8M	CN¥31.7M	CN¥30.7M	CN¥32.1M	CN¥15.1M
Other non-operating income (gains on investments, FX ...)	CN¥19M	CN¥23.9M	CN¥115M	CN¥18.5M	-CN¥28.1M	CN¥6.84M	CN¥73.9M	CN¥37.7M	CN¥46.5M	-CN¥1.52M
Total non-operating income	CN¥16.9M	CN¥2.67M	CN¥5.04M	CN¥1.29M	CN¥3.43M	CN¥11.9M	-CN¥14.9M	-CN¥15M	-CN¥14M	CN¥62.7M
Income before tax	CN¥167M	CN¥294M	CN¥614M	CN¥622M	CN¥715M	CN¥957M	CN¥562M	CN¥705M	CN¥761M	CN¥760M
Income tax	CN¥22.5M	CN¥34.8M	CN¥55.9M	CN¥78.6M	CN¥94.2M	CN¥112M	CN¥35.3M	CN¥83.8M	CN¥92.9M	CN¥90.1M
Net income	CN¥130M	CN¥245M	CN¥543M	CN¥501M	CN¥574M	CN¥795M	CN¥497M	CN¥569M	CN¥605M	CN¥610M
EPS (basic)	CN¥0.15	CN¥0.27	CN¥0.58	CN¥0.52	CN¥0.57	CN¥0.79	CN¥0.50	CN¥0.57	CN¥0.61	CN¥0.62
EPS (diluted)	CN¥0.15	CN¥0.27	CN¥0.58	CN¥0.52	CN¥0.57	CN¥0.79	CN¥0.50	CN¥0.57	CN¥0.61	CN¥0.62
Shares (basic, weighted)	850M	896M	936M	963M	1B	1B	997M	998M	995M	991M
Shares (diluted, weighted)	850M	896M	936M	963M	1B	1B	997M	998M	995M	991M
Depreciation & amortization	CN¥40.1M	CN¥64M	CN¥87.5M	CN¥105M	CN¥128M	CN¥167M	CN¥193M	CN¥249M	CN¥333M	CN¥344M
EBITDA	CN¥171M	CN¥332M	CN¥582M	CN¥707M	CN¥868M	CN¥1.11B	CN¥696M	CN¥931M	CN¥1.06B	CN¥1.04B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02