Shindaeyang Paper Co., Ltd. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€406.63M +2.0%	€21.69M -26.6%	5.3% -0.021 pp	€66.29M -1.3%	16.3% -0.0054 pp
2023	€398.52M -4.6%	€29.55M +0.6%	7.4% +0.0038 pp	€67.13M -24.0%	16.8% -0.043 pp
2022	€417.69M -0.8%	€29.38M -12.1%	7.0% -0.0091 pp	€88.34M +269.4%	21.2% +0.15 pp
2021	€420.88M +11.9%	€33.42M +27.5%	7.9% +0.0097 pp	€23.92M -71.3%	5.7% -0.16 pp
2020	€376.19M -5.8%	€26.20M -24.0%	7.0% -0.017 pp	€83.22M +11.1%	22.1% +0.034 pp
2019	€399.42M -8.8%	€34.46M -29.6%	8.6% -0.025 pp	€74.93M -29.7%	18.8% -0.056 pp
2018	€438.04M +38.3%	€48.96M +190.0%	11.2% +0.058 pp	€106.62M +300.8%	24.3% +0.16 pp
2017	€316.66M +103.1%	€16.88M +75.4%	5.3% -0.0084 pp	€26.60M +41.0%	8.4% -0.037 pp
2016	€155.93M -21.0%	€9.62M -172.8%	6.2% +0.13 pp	€18.87M +28.2%	12.1% +0.046 pp
2015	€197.34M -2.3%	-€13.23M -229.3%	-6.7% -0.12 pp	€14.72M -51.1%	7.5% -0.075 pp
2014	€201.94M -3.3%	€10.23M +34.6%	5.1% +0.014 pp	€30.13M +13.9%	14.9% +0.022 pp
2013	€208.73M -6.4%	€7.60M -54.0%	3.6% -0.038 pp	€26.45M -56.0%	12.7% -0.14 pp
2012	€223.05M -8.5%	€16.54M +132.7%	7.4% +0.045 pp	€60.18M +36.0%	27.0% +0.088 pp
2011	€243.65M +15.7%	€7.11M -27.2%	2.9% -0.017 pp	€44.24M +399.7%	18.2% +0.14 pp
2010	€210.64M +45.4%	€9.76M +46.5%	4.6% +0.00037 pp	€8.85M -68.4%	4.2% -0.15 pp
2009	€144.90M -10.1%	€6.66M +19.1%	4.6% +0.011 pp	€28.04M +23.8%	19.4% +0.053 pp
2008	€161.14M +27.5%	€5.59M +67.6%	3.5% +0.0083 pp	€22.65M +53.4%	14.1% +0.024 pp
2007	€126.40M	€3.34M	2.6%	€14.76M	11.7%