Shanxi Lanhua Sci-Tech Venture Co.,Ltd (SHA:600123)

SHA:600123 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
Operating Revenue	11,567	11,637	13,148	14,078	12,794	6,575
Other Revenue	59.68	59.68	135.56	77.6	114.7	51.43
Revenue	11,627	11,697	13,284	14,156	12,909	6,626
Revenue Growth (YoY)	-7.20%	-11.95%	-6.16%	9.66%	94.81%	-16.62%
Cost of Revenue	8,850	8,797	7,879	6,636	6,959	4,491
Gross Profit	2,777	2,900	5,405	7,520	5,950	2,136
Selling, General & Admin	1,193	1,138	1,209	1,515	1,287	1,142
Research & Development	-1.77	3.55	2.53	11.25	23.71	-
Other Operating Expenses	914.9	900.1	911.49	1,016	777.99	416.03
Operating Expenses	2,106	2,044	2,127	2,544	2,096	1,563
Operating Income	671.64	855.61	3,278	4,976	3,853	572.91
Interest Expense	-304.68	-312.91	-302.92	-379.07	-545.35	-359.52
Interest & Investment Income	302.74	294.05	417.51	532.72	308.16	219.31
Other Non Operating Income (Expenses)	0.5	-2	-108.65	-10.81	11.41	17.65
EBT Excluding Unusual Items	670.2	834.74	3,284	5,119	3,628	450.36
Gain (Loss) on Sale of Investments	11.16	-	-	-	-	-
Gain (Loss) on Sale of Assets	8.76	7.93	33.02	1.76	-0.01	1
Asset Writedown	0.15	-	-100.61	-469.63	-638.99	-1.1
Other Unusual Items	-14.91	-15.8	2.09	-101.89	-21.78	49.92
Pretax Income	675.35	826.86	3,218	4,549	2,970	501.69
Income Tax Expense	276.78	351.13	911.49	1,253	948.74	250.25
Earnings From Continuing Operations	398.57	475.73	2,307	3,296	2,021	251.44
Minority Interest in Earnings	217.57	241.95	-209.26	-72.56	340.33	123.26
Net Income	616.14	717.68	2,098	3,224	2,361	374.7
Net Income to Common	616.14	717.68	2,098	3,224	2,361	374.7
Net Income Growth	-57.78%	-65.79%	-34.93%	36.52%	530.14%	-43.47%
Shares Outstanding (Basic)	1,478	1,482	1,485	1,485	1,485	1,485
Shares Outstanding (Diluted)	1,478	1,482	1,485	1,485	1,485	1,485
Shares Change (YoY)	-0.49%	-0.22%	0.00%	-0.01%	0.00%	-0.00%
EPS (Basic)	0.42	0.48	1.41	2.17	1.59	0.25
EPS (Diluted)	0.42	0.48	1.41	2.17	1.59	0.25
EPS Growth	-57.57%	-65.71%	-34.93%	36.53%	530.12%	-43.47%
Free Cash Flow	433.48	1,419	2,042	5,193	2,497	-53.71
Free Cash Flow Per Share	0.29	0.96	1.38	3.50	1.68	-0.04
Dividend Per Share	0.150	0.150	0.750	0.769	0.577	0.077
Dividend Growth	-80.00%	-80.00%	-2.50%	33.33%	650.19%	-50.00%
Gross Margin	23.89%	24.79%	40.69%	53.12%	46.09%	32.23%
Operating Margin	5.78%	7.32%	24.68%	35.15%	29.85%	8.65%
Profit Margin	5.30%	6.14%	15.79%	22.77%	18.29%	5.66%
Free Cash Flow Margin	3.73%	12.13%	15.37%	36.69%	19.34%	-0.81%
EBITDA	2,708	2,746	4,584	6,265	4,996	1,518
EBITDA Margin	23.29%	23.47%	34.51%	44.26%	38.70%	22.92%
D&A For EBITDA	2,036	1,890	1,307	1,289	1,143	945.56
EBIT	671.64	855.61	3,278	4,976	3,853	572.91
EBIT Margin	5.78%	7.32%	24.68%	35.15%	29.85%	8.65%
Effective Tax Rate	40.98%	42.47%	28.32%	27.55%	31.95%	49.88%
Revenue as Reported	11,627	11,697	13,284	14,156	12,909	6,626

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