Xingfa Aluminium Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	20,701	18,855	17,353	16,933	15,433
Revenue Growth (YoY)	9.79%	8.66%	2.48%	9.72%	29.83%
Cost of Revenue	19,399	17,091	15,362	15,158	13,621
Gross Profit	1,301	1,764	1,990	1,775	1,812
Selling, General & Admin	737.39	847.33	813.32	698.97	715.65
Other Operating Expenses	-	-120.15	-88.75	-50.47	-66.96
Operating Expenses	680.17	794.82	1,018	1,201	728.37
Operating Income	620.98	968.88	972.5	573.26	1,083
Interest Expense	-103.59	-104.56	-138.06	-138.87	-101.06
Interest & Investment Income	88.85	46.07	63.22	59.34	78.08
Earnings From Equity Investments	-1.43	-	-1.92	-5.02	-0.58
Currency Exchange Gain (Loss)	-	5.34	1.48	15.79	-8.08
Other Non Operating Income (Expenses)	137.46	37.04	33.98	0.85	0.22
EBT Excluding Unusual Items	742.27	952.76	931.2	505.35	1,052
Gain (Loss) on Sale of Investments	-	12.96	-	-	3.46
Gain (Loss) on Sale of Assets	-	-0.37	-14.88	6.54	-0.32
Pretax Income	742.27	965.35	916.32	511.88	1,055
Income Tax Expense	112.77	137.26	108.22	50.58	168.08
Earnings From Continuing Operations	629.5	828.1	808.1	461.31	887.12
Minority Interest in Earnings	2.72	-2.06	-3.93	-3.54	0.68
Net Income	632.22	826.03	804.17	457.77	887.8
Net Income to Common	632.22	826.03	804.17	457.77	887.8
Net Income Growth	-23.46%	2.72%	75.67%	-48.44%	15.99%
Shares Outstanding (Basic)	421	421	421	420	419
Shares Outstanding (Diluted)	421	421	421	420	420
Shares Change (YoY)	-	-	0.13%	-0.04%	0.27%
EPS (Basic)	1.50	1.96	1.91	1.09	2.12
EPS (Diluted)	1.50	1.96	1.91	1.09	2.11
EPS Growth	-23.32%	2.62%	75.28%	-48.36%	15.30%
Free Cash Flow	309.77	459.66	485.69	-184.33	646.46
Free Cash Flow Per Share	0.74	1.09	1.16	-0.44	1.54
Dividend Per Share	0.449	0.601	0.581	0.327	0.652
Dividend Growth	-25.29%	3.52%	77.50%	-49.78%	115.00%
Gross Margin	6.29%	9.35%	11.47%	10.48%	11.74%
Operating Margin	3.00%	5.14%	5.60%	3.38%	7.02%
Profit Margin	3.05%	4.38%	4.63%	2.70%	5.75%
Free Cash Flow Margin	1.50%	2.44%	2.80%	-1.09%	4.19%
EBITDA	1,264	1,535	1,430	1,072	1,457
EBITDA Margin	6.11%	8.14%	8.24%	6.33%	9.44%
D&A For EBITDA	643.22	565.89	457.39	499.16	374.02
EBIT	620.98	968.88	972.5	573.26	1,083
EBIT Margin	3.00%	5.14%	5.60%	3.38%	7.02%
Effective Tax Rate	15.19%	14.22%	11.81%	9.88%	15.93%

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