Inner Mongolia Baotou Steel Union Co., Ltd. (SHA:600010)

SHA:600010 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	63,721	68,089	70,142	71,789	85,611	58,753
Other Revenue	488.74	-	423.36	382.64	572.41	513.44
Revenue	64,209	68,089	70,565	72,172	86,183	59,266
Revenue Growth (YoY)	-8.52%	-3.51%	-2.23%	-16.26%	45.42%	-6.52%
Cost of Revenue	59,168	62,726	64,323	67,431	77,007	53,659
Gross Profit	5,042	5,363	6,243	4,741	9,177	5,608
Selling, General & Admin	1,605	1,627	1,952	2,178	2,058	1,801
Research & Development	801.39	620.77	422.1	262.56	323.48	66
Other Operating Expenses	897.53	871.8	1,472	1,405	983.27	561.38
Operating Expenses	3,257	3,119	3,896	3,846	3,363	2,450
Operating Income	1,784	2,244	2,347	895.55	5,814	3,157
Interest Expense	-1,960	-	-1,918	-1,722	-1,829	-2,198
Interest & Investment Income	486.94	344.9	154.23	86.47	118.71	176.81
Currency Exchange Gain (Loss)	7.09	-	63.34	-46.71	-10.82	-17.6
Other Non Operating Income (Expenses)	-240.03	-2,161	-230.7	-281.85	-360.2	-345.53
EBT Excluding Unusual Items	78.46	427.9	415.64	-1,068	3,732	772.81
Gain (Loss) on Sale of Investments	-2.12	3.85	3.09	-238.55	0.45	3.34
Gain (Loss) on Sale of Assets	-2.68	45.15	-95.29	13.31	3.49	6.07
Asset Writedown	1.55	-391.06	-	-203.18	-49.4	-43.25
Legal Settlements	-1.68	-	-5.82	-7.1	-11.27	-8.35
Other Unusual Items	112.94	-	102.64	280.84	13.82	-49.82
Pretax Income	186.48	85.84	420.26	-1,223	3,690	680.8
Income Tax Expense	69.45	65.09	390.66	217.94	522.1	19.14
Earnings From Continuing Operations	117.03	20.75	29.6	-1,441	3,168	661.66
Minority Interest in Earnings	190.83	243.88	485.67	714.41	-301.12	-255.7
Net Income	307.86	264.63	515.27	-726.39	2,866	405.96
Net Income to Common	307.86	264.63	515.27	-726.39	2,866	405.96
Net Income Growth	46.42%	-48.64%	-	-	606.10%	-39.22%
Shares Outstanding (Basic)	46,034	45,626	45,599	45,118	45,427	45,613
Shares Outstanding (Diluted)	46,034	45,626	45,599	45,118	45,427	45,613
Shares Change (YoY)	1.35%	0.06%	1.07%	-0.68%	-0.41%	-18.05%
EPS (Basic)	0.01	0.01	0.01	-0.02	0.06	0.01
EPS (Diluted)	0.01	0.01	0.01	-0.02	0.06	0.01
EPS Growth	44.49%	-48.67%	-	-	608.99%	-25.83%
Free Cash Flow	762.87	538.26	-2,745	1,090	10,025	2,778
Free Cash Flow Per Share	0.02	0.01	-0.06	0.02	0.22	0.06
Dividend Per Share	0.002	0.002	-	-	0.019	-
Gross Margin	7.85%	7.88%	8.85%	6.57%	10.65%	9.46%
Operating Margin	2.78%	3.29%	3.33%	1.24%	6.75%	5.33%
Profit Margin	0.48%	0.39%	0.73%	-1.01%	3.33%	0.69%
Free Cash Flow Margin	1.19%	0.79%	-3.89%	1.51%	11.63%	4.69%
EBITDA	6,032	6,502	6,307	4,346	9,229	6,944
EBITDA Margin	9.39%	9.55%	8.94%	6.02%	10.71%	11.72%
D&A For EBITDA	4,248	4,259	3,961	3,451	3,415	3,787
EBIT	1,784	2,244	2,347	895.55	5,814	3,157
EBIT Margin	2.78%	3.29%	3.33%	1.24%	6.75%	5.33%
Effective Tax Rate	37.24%	75.83%	92.96%	-	14.15%	2.81%
Revenue as Reported	64,209	-	70,565	72,172	86,183	59,266

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