Sinopec Shanghai Petrochemical Company Limited (HKG:0338)

HKG:0338 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	86,230	92,434	82,048	88,792	74,295
Other Revenue	902.71	579.39	470.13	488.71	409.69
Revenue	87,133	93,014	82,518	89,280	74,705
Revenue Growth (YoY)	-6.32%	12.72%	-7.57%	19.51%	-25.55%
Cost of Revenue	72,547	79,796	74,314	71,827	60,371
Gross Profit	14,586	13,218	8,204	17,454	14,335
Selling, General & Admin	1,592	1,952	1,808	2,204	1,878
Research & Development	173.95	186.98	130.52	94.3	110.63
Other Operating Expenses	12,778	12,854	9,789	13,310	13,063
Operating Expenses	14,544	14,992	11,727	15,610	15,052
Operating Income	42.13	-1,774	-3,524	1,844	-717.38
Interest Expense	-114.99	-145.31	-98.5	-94.19	-93.44
Interest & Investment Income	484.53	383.99	541.83	1,476	1,268
Currency Exchange Gain (Loss)	-12.62	-4.91	21.97	-1.86	6.73
Other Non Operating Income (Expenses)	-10.48	-0.28	-10.45	-54.01	114.49
EBT Excluding Unusual Items	388.57	-1,541	-3,069	3,170	578.63
Gain (Loss) on Sale of Investments	-	-145.53	-200.79	-19.41	-17.87
Gain (Loss) on Sale of Assets	42.31	0.92	-1.23	79.09	102.61
Asset Writedown	-0.83	-57.53	-311.8	-627.67	-117.88
Other Unusual Items	-1.21	27.87	-17.03	45.94	28.33
Pretax Income	428.84	-1,715	-3,600	2,648	573.82
Income Tax Expense	106.32	-306.09	-731.46	644.48	-65.62
Earnings From Continuing Operations	322.52	-1,409	-2,868	2,004	639.44
Minority Interest in Earnings	-6.02	3.17	-3.86	-3.18	-11.33
Net Income	316.5	-1,406	-2,872	2,001	628.11
Net Income to Common	316.5	-1,406	-2,872	2,001	628.11
Net Income Growth	-	-	-	218.50%	-71.63%
Shares Outstanding (Basic)	10,667	10,793	10,820	10,824	10,824
Shares Outstanding (Diluted)	10,667	10,793	10,820	10,824	10,824
Shares Change (YoY)	-1.16%	-0.25%	-0.04%	-	-
EPS (Basic)	0.03	-0.13	-0.27	0.18	0.06
EPS (Diluted)	0.03	-0.13	-0.27	0.18	0.06
EPS Growth	-	-	-	218.66%	-71.64%
Free Cash Flow	5,835	-808.37	-10,174	836.03	-89.77
Free Cash Flow Per Share	0.55	-0.07	-0.94	0.08	-0.01
Dividend Per Share	0.020	-	-	0.100	0.100
Dividend Growth	-	-	-	-	-16.67%
Gross Margin	16.74%	14.21%	9.94%	19.55%	19.19%
Operating Margin	0.05%	-1.91%	-4.27%	2.07%	-0.96%
Profit Margin	0.36%	-1.51%	-3.48%	2.24%	0.84%
Free Cash Flow Margin	6.70%	-0.87%	-12.33%	0.94%	-0.12%
EBITDA	1,855	-52.09	-1,992	3,503	871.74
EBITDA Margin	2.13%	-0.06%	-2.41%	3.92%	1.17%
D&A For EBITDA	1,812	1,722	1,531	1,659	1,589
EBIT	42.13	-1,774	-3,524	1,844	-717.38
EBIT Margin	0.05%	-1.91%	-4.27%	2.07%	-0.96%
Effective Tax Rate	24.79%	-	-	24.34%	-

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.