Sinopec Shanghai Petrochemical Company Limited (HKG:0338)

HKG:0338 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	82,438	86,230	92,434	82,048	88,792	74,295
Other Revenue	684.82	902.71	579.39	470.13	488.71	409.69
Revenue	83,123	87,133	93,014	82,518	89,280	74,705
Revenue Growth (YoY)	-9.26%	-6.32%	12.72%	-7.57%	19.51%	-25.55%
Cost of Revenue	69,302	72,547	79,796	74,314	71,827	60,371
Gross Profit	13,821	14,586	13,218	8,204	17,454	14,335
Selling, General & Admin	1,394	1,592	1,952	1,808	2,204	1,878
Research & Development	207.24	173.95	186.98	130.52	94.3	110.63
Other Operating Expenses	12,767	12,748	12,854	9,789	13,310	13,063
Operating Expenses	14,368	14,515	14,987	11,727	15,610	15,052
Operating Income	-546.49	71.48	-1,769	-3,524	1,844	-717.38
Interest Expense	-33.8	-114.99	-145.31	-98.5	-94.19	-93.44
Interest & Investment Income	397.4	484.53	383.99	541.83	1,476	1,268
Currency Exchange Gain (Loss)	-16.34	-12.62	-4.91	21.97	-1.86	6.73
Other Non Operating Income (Expenses)	2.34	-10.48	-5.14	-10.45	-54.01	114.49
EBT Excluding Unusual Items	-196.9	417.92	-1,541	-3,069	3,170	578.63
Gain (Loss) on Sale of Investments	-0.12	-	-145.53	-200.79	-19.41	-17.87
Gain (Loss) on Sale of Assets	40.55	42.31	0.92	-1.23	79.09	102.61
Asset Writedown	-23.51	-0.83	-57.53	-311.8	-627.67	-117.88
Other Unusual Items	-24.3	-30.57	27.87	-17.03	45.94	28.33
Pretax Income	-204.28	428.84	-1,715	-3,600	2,648	573.82
Income Tax Expense	-34.48	106.32	-306.09	-731.46	644.48	-65.62
Earnings From Continuing Operations	-169.8	322.52	-1,409	-2,868	2,004	639.44
Minority Interest in Earnings	-3.75	-6.02	3.17	-3.86	-3.18	-11.33
Net Income	-173.54	316.5	-1,406	-2,872	2,001	628.11
Net Income to Common	-173.54	316.5	-1,406	-2,872	2,001	628.11
Net Income Growth	-	-	-	-	218.50%	-71.63%
Shares Outstanding (Basic)	10,608	10,667	10,793	10,820	10,824	10,824
Shares Outstanding (Diluted)	10,608	10,667	10,793	10,820	10,824	10,824
Shares Change (YoY)	-1.20%	-1.16%	-0.25%	-0.04%	-	-
EPS (Basic)	-0.02	0.03	-0.13	-0.27	0.18	0.06
EPS (Diluted)	-0.02	0.03	-0.13	-0.27	0.18	0.06
EPS Growth	-	-	-	-	218.66%	-71.64%
Free Cash Flow	6,244	5,835	-808.37	-10,174	836.03	-89.77
Free Cash Flow Per Share	0.59	0.55	-0.07	-0.94	0.08	-0.01
Dividend Per Share	0.020	0.020	-	-	0.100	0.100
Dividend Growth	-	-	-	-	-	-16.67%
Gross Margin	16.63%	16.74%	14.21%	9.94%	19.55%	19.19%
Operating Margin	-0.66%	0.08%	-1.90%	-4.27%	2.07%	-0.96%
Profit Margin	-0.21%	0.36%	-1.51%	-3.48%	2.24%	0.84%
Free Cash Flow Margin	7.51%	6.70%	-0.87%	-12.33%	0.94%	-0.12%
EBITDA	1,264	1,884	-47.23	-1,992	3,503	871.74
EBITDA Margin	1.52%	2.16%	-0.05%	-2.41%	3.92%	1.17%
D&A For EBITDA	1,810	1,812	1,722	1,531	1,659	1,589
EBIT	-546.49	71.48	-1,769	-3,524	1,844	-717.38
EBIT Margin	-0.66%	0.08%	-1.90%	-4.27%	2.07%	-0.96%
Effective Tax Rate	-	24.79%	-	-	24.34%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.