Liaoning Port Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	11,092	10,616	11,796	11,731	11,881	11,687
Other Revenue	450.63	450.63	423.81	436.4	466.17	437.67
Revenue	11,543	11,067	12,220	12,167	12,348	12,125
Revenue Growth (YoY)	0.66%	-9.44%	0.43%	-1.46%	1.84%	82.44%
Cost of Revenue	8,412	8,691	8,830	8,993	8,518	7,880
Gross Profit	3,130	2,376	3,389	3,175	3,829	4,245
Selling, General & Admin	803.41	825.88	737.52	814.67	799.34	820.17
Research & Development	17.88	20.23	39.29	53.13	9.31	18.44
Other Operating Expenses	5.42	-61.5	-22.64	-4.87	8.16	-6.04
Operating Expenses	453.46	404.54	919.28	988.01	913.54	925.66
Operating Income	2,677	1,971	2,470	2,187	2,916	3,319
Interest Expense	-468.89	-447.28	-501.45	-542.91	-632.57	-821.91
Interest & Investment Income	222.68	270.64	172.48	292.55	485.69	476.58
Currency Exchange Gain (Loss)	-0.34	-0.34	-4.99	-17.65	3.1	-1.64
Other Non Operating Income (Expenses)	62.45	60.34	-36.95	-30.91	-38.25	-29.27
EBT Excluding Unusual Items	2,493	1,855	2,099	1,888	2,734	2,943
Impairment of Goodwill	-	-	-	-	-6.22	-97.14
Gain (Loss) on Sale of Investments	-22.71	-22.71	-	-	-8.47	-0.32
Gain (Loss) on Sale of Assets	-7.37	2.99	-2.03	5.05	131.67	24.44
Asset Writedown	-55.63	-55.63	-99.23	-14.26	-44.99	-38.02
Legal Settlements	-	-	-	32.76	-179.55	-
Other Unusual Items	14.89	14.89	16.58	28.15	28.09	2.49
Pretax Income	2,423	1,795	2,035	1,940	2,654	2,836
Income Tax Expense	652.6	443.01	527.74	467.17	576.24	606.09
Earnings From Continuing Operations	1,770	1,352	1,507	1,473	2,078	2,230
Minority Interest in Earnings	-271.63	-208.05	-164.14	-154.96	-162.12	-176.96
Net Income	1,499	1,144	1,343	1,318	1,916	2,053
Net Income to Common	1,499	1,144	1,343	1,318	1,916	2,053
Net Income Growth	22.95%	-14.83%	1.93%	-31.23%	-6.67%	185.85%
Shares Outstanding (Basic)	24,150	23,987	23,987	23,987	22,851	22,623
Shares Outstanding (Diluted)	24,150	23,987	23,987	23,987	22,851	22,623
Shares Change (YoY)	1.79%	-	-	4.97%	1.00%	75.45%
EPS (Basic)	0.06	0.05	0.06	0.05	0.08	0.09
EPS (Diluted)	0.06	0.05	0.06	0.05	0.08	0.09
EPS Growth	20.79%	-14.83%	11.99%	-40.37%	-7.60%	62.93%
Free Cash Flow	5,613	3,649	2,672	29.73	-1.43	3,512
Free Cash Flow Per Share	0.23	0.15	0.11	0.00	-	0.15
Dividend Per Share	0.024	0.024	0.019	0.017	0.027	0.030
Dividend Growth	25.13%	25.13%	9.77%	-35.56%	-10.00%	42.86%
Gross Margin	27.12%	21.47%	27.74%	26.09%	31.01%	35.01%
Operating Margin	23.19%	17.81%	20.21%	17.97%	23.61%	27.38%
Profit Margin	12.98%	10.34%	10.99%	10.83%	15.52%	16.93%
Free Cash Flow Margin	48.63%	32.98%	21.86%	0.24%	-0.01%	28.97%
EBITDA	4,773	4,031	4,482	4,211	4,820	5,098
EBITDA Margin	41.35%	36.43%	36.68%	34.61%	39.03%	42.04%
D&A For EBITDA	2,096	2,060	2,012	2,025	1,904	1,778
EBIT	2,677	1,971	2,470	2,187	2,916	3,319
EBIT Margin	23.19%	17.81%	20.21%	17.97%	23.61%	27.38%
Effective Tax Rate	26.93%	24.68%	25.93%	24.08%	21.71%	21.37%
Revenue as Reported	11,543	11,067	12,220	-	12,348	12,125

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