China National Building Material Company Limited (CBUMF)

CBUMF 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	180,916	181,301	210,216	233,880	275,619	254,843
Revenue Growth (YoY)	-10.90%	-13.76%	-10.12%	-15.14%	8.15%	0.57%
Cost of Revenue	147,300	148,591	172,770	194,036	209,892	187,995
Gross Profit	33,616	32,709	37,446	39,843	65,726	66,847
Selling, General & Admin	24,495	24,386	24,626	24,186	28,406	26,115
Operating Expenses	25,013	24,856	24,819	24,583	29,267	27,988
Operating Income	8,604	7,853	12,628	15,260	36,459	38,859
Interest Expense	-4,971	-5,237	-5,947	-6,793	-8,138	-7,999
Interest & Investment Income	805.96	578.98	804.58	882.62	5,482	4,989
Earnings From Equity Investments	1,081	1,081	1,509	3,040	4,017	3,274
Other Non Operating Income (Expenses)	3,532	3,522	4,017	3,965	-837.29	-1,146
EBT Excluding Unusual Items	9,052	7,798	13,011	16,355	36,983	37,979
Impairment of Goodwill	-73.65	-73.65	-176.22	-121.12	-2,864	-4,211
Gain (Loss) on Sale of Investments	81.68	69.24	-1,047	-1,492	13.54	-145.98
Gain (Loss) on Sale of Assets	1,443	1,459	141.6	3,380	1,734	1,214
Asset Writedown	-108.44	-82.95	-14.47	-298.63	-2,341	-4,973
Other Unusual Items	324.3	324.3	604.21	185.14	183.7	197.76
Pretax Income	10,719	9,493	12,520	18,010	33,709	30,060
Income Tax Expense	2,281	2,080	2,119	2,606	7,996	8,396
Earnings From Continuing Operations	8,437	7,414	10,401	15,403	25,714	21,664
Minority Interest in Earnings	-4,703	-4,512	-5,986	-6,585	-8,619	-8,110
Net Income	3,734	2,902	4,415	8,818	17,095	13,555
Preferred Dividends & Other Adjustments	514.42	514.42	551.81	688.55	794.71	991.81
Net Income to Common	3,220	2,387	3,863	8,130	16,300	12,563
Net Income Growth	3.98%	-34.27%	-49.93%	-48.42%	26.12%	11.60%
Shares Outstanding (Basic)	7,593	8,435	8,435	8,435	8,435	8,435
Shares Outstanding (Diluted)	7,593	8,435	8,435	8,435	8,435	8,435
Shares Change (YoY)	-9.98%	-	-	-	-	-
EPS (Basic)	0.42	0.28	0.46	0.96	1.93	1.49
EPS (Diluted)	0.42	0.28	0.45	0.96	1.93	1.49
EPS Growth	20.33%	-37.11%	-53.31%	-50.13%	29.75%	14.47%
Free Cash Flow	8,787	5,973	11,027	585.31	22,387	44,898
Free Cash Flow Per Share	1.16	0.71	1.31	0.07	2.65	5.32
Dividend Per Share	0.158	0.158	0.229	0.378	0.693	0.470
Dividend Growth	-31.00%	-31.00%	-39.42%	-45.45%	47.45%	34.29%
Gross Margin	18.58%	18.04%	17.81%	17.04%	23.85%	26.23%
Operating Margin	4.76%	4.33%	6.01%	6.53%	13.23%	15.25%
Profit Margin	1.78%	1.32%	1.84%	3.48%	5.91%	4.93%
Free Cash Flow Margin	4.86%	3.29%	5.24%	0.25%	8.12%	17.62%
EBITDA	22,739	21,944	26,543	28,358	48,973	50,894
EBITDA Margin	12.57%	12.10%	12.63%	12.13%	17.77%	19.97%
D&A For EBITDA	14,135	14,091	13,915	13,098	12,515	12,034
EBIT	8,604	7,853	12,628	15,260	36,459	38,859
EBIT Margin	4.75%	4.33%	6.01%	6.53%	13.23%	15.25%
Effective Tax Rate	21.28%	21.91%	16.93%	14.47%	23.72%	27.93%

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