Sany Heavy Industry Co.,Ltd (SHA:600031)

SHA:600031 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	83,682	75,831	71,521	78,921	106,113	96,825
Other Revenue	2,445	2,552	2,498	1,918	760.05	3,230
Revenue	86,127	78,383	74,019	80,839	106,873	100,055
Revenue Growth (YoY)	13.00%	5.90%	-8.44%	-24.36%	6.82%	31.25%
Cost of Revenue	62,573	57,297	54,014	61,304	78,942	70,042
Gross Profit	23,554	21,086	20,005	19,535	27,932	30,013
Selling, General & Admin	8,943	8,415	7,711	8,896	9,322	7,364
Research & Development	4,916	5,381	5,865	6,923	6,509	4,992
Other Operating Expenses	215.99	5.06	226.23	-707.45	-1,296	-186.74
Operating Expenses	14,779	14,559	14,914	15,634	14,810	12,435
Operating Income	8,775	6,527	5,090	3,900	13,122	17,578
Interest Expense	-754.32	-1,102	-1,391	-624.88	-579.67	-748.49
Interest & Investment Income	1,499	1,652	980.32	1,442	1,709	1,424
Currency Exchange Gain (Loss)	-305.97	-305.97	538.66	267.51	-203.06	-331.06
Other Non Operating Income (Expenses)	291.18	-334	-192.76	86.85	-363.43	-322.2
EBT Excluding Unusual Items	9,505	6,438	5,026	5,072	13,685	17,599
Gain (Loss) on Sale of Investments	-87.74	109.56	-155.93	-250.26	53.55	436.33
Gain (Loss) on Sale of Assets	-202.75	-62.03	-39.14	93.17	37.96	-48.83
Asset Writedown	-57.31	-43.43	-	-61.8	-6.09	-4.64
Other Unusual Items	491.25	465.44	485.85	-	85.92	554.73
Pretax Income	9,648	6,908	5,317	4,853	13,856	18,537
Income Tax Expense	1,296	815.23	710.44	431.09	1,530	2,672
Earnings From Continuing Operations	8,352	6,093	4,606	4,422	12,326	15,865
Minority Interest in Earnings	-109.34	-117.09	-78.66	-131.78	-292.32	-430.3
Net Income	8,243	5,975	4,527	4,290	12,033	15,435
Net Income to Common	8,243	5,975	4,527	4,290	12,033	15,435
Net Income Growth	54.74%	31.98%	5.53%	-64.35%	-22.04%	36.28%
Shares Outstanding (Basic)	-	8,463	8,467	8,452	8,423	8,388
Shares Outstanding (Diluted)	-	8,466	8,467	8,452	8,424	8,400
Shares Change (YoY)	-	-0.01%	0.18%	0.33%	0.29%	1.34%
EPS (Basic)	-	0.71	0.53	0.51	1.43	1.84
EPS (Diluted)	-	0.71	0.53	0.51	1.43	1.84
EPS Growth	-	32.00%	5.34%	-64.46%	-22.26%	34.47%
Free Cash Flow	14,475	11,876	1,183	-1,566	1,604	8,359
Free Cash Flow Per Share	-	1.40	0.14	-0.18	0.19	0.99
Dividend Per Share	0.360	0.360	0.220	0.160	0.450	0.600
Dividend Growth	63.64%	63.64%	37.50%	-64.44%	-25.00%	42.86%
Gross Margin	27.35%	26.90%	27.03%	24.16%	26.14%	30.00%
Operating Margin	10.19%	8.33%	6.88%	4.83%	12.28%	17.57%
Profit Margin	9.57%	7.62%	6.12%	5.31%	11.26%	15.43%
Free Cash Flow Margin	16.81%	15.15%	1.60%	-1.94%	1.50%	8.35%
EBITDA	11,625	9,387	7,961	6,302	15,116	19,467
EBITDA Margin	13.50%	11.97%	10.76%	7.80%	14.14%	19.46%
D&A For EBITDA	2,851	2,859	2,871	2,402	1,994	1,890
EBIT	8,775	6,527	5,090	3,900	13,122	17,578
EBIT Margin	10.19%	8.33%	6.88%	4.83%	12.28%	17.57%
Effective Tax Rate	13.43%	11.80%	13.36%	8.88%	11.04%	14.41%
Revenue as Reported	86,127	78,383	74,019	-	106,873	100,055

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