Fangda Special Steel Technology Co., Ltd. (SHA:600507)

SHA:600507 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	19,985	21,513	26,443	31,388	21,603	16,535
Other Revenue	46.03	46.03	63.9	75	76.23	66.04
Revenue	20,031	21,560	26,507	31,463	21,679	16,601
Revenue Growth (YoY)	-23.00%	-18.67%	-15.75%	45.13%	30.59%	7.88%
Cost of Revenue	18,902	20,531	24,846	29,326	17,356	12,850
Gross Profit	1,129	1,029	1,661	2,137	4,323	3,751
Selling, General & Admin	508.98	496.54	639.29	1,066	711.29	722.98
Research & Development	102.68	103.94	87.12	79.01	92.47	62.86
Other Operating Expenses	122.79	96.77	79.01	69.1	150.79	3.62
Operating Expenses	738.92	701.97	810.02	1,215	954.68	789.31
Operating Income	389.62	326.89	851.05	922.29	3,368	2,962
Interest Expense	-26.86	-27.14	-62.48	-240.22	-117.03	-90.89
Interest & Investment Income	178.32	190.95	287.06	413.1	300.02	254.47
Currency Exchange Gain (Loss)	0.73	0.73	1.77	1.95	-1.88	-1.57
Other Non Operating Income (Expenses)	-107.81	-95.13	-120.23	-15.94	-26.94	-4.35
EBT Excluding Unusual Items	434	396.3	957.17	1,081	3,522	3,120
Gain (Loss) on Sale of Investments	53.96	-117.05	-67.2	-40.44	3.12	0.35
Gain (Loss) on Sale of Assets	32.44	32.44	-7.91	143.58	1.29	0.98
Asset Writedown	-	-	-	-	-2.37	-25.13
Other Unusual Items	157.38	157.38	84.31	100.17	113.53	-23.1
Pretax Income	677.77	469.06	966.37	1,284	3,638	3,073
Income Tax Expense	274.44	216.96	283.42	251.85	878.52	914.61
Earnings From Continuing Operations	403.34	252.1	682.95	1,033	2,760	2,158
Minority Interest in Earnings	1.44	-4.26	5.87	29.76	-27.53	-17.91
Net Income	404.77	247.85	688.82	1,062	2,732	2,140
Net Income to Common	404.77	247.85	688.82	1,062	2,732	2,140
Net Income Growth	-37.97%	-64.02%	-35.16%	-61.11%	27.64%	25.08%
Shares Outstanding (Basic)	2,297	2,274	2,335	2,155	2,151	2,162
Shares Outstanding (Diluted)	2,297	2,274	2,400	2,275	2,151	2,162
Shares Change (YoY)	-4.48%	-5.26%	5.50%	5.75%	-0.50%	-0.19%
EPS (Basic)	0.18	0.11	0.29	0.49	1.27	0.99
EPS (Diluted)	0.18	0.11	0.29	0.47	1.27	0.99
EPS Growth	-35.06%	-62.02%	-38.54%	-63.23%	28.28%	25.32%
Free Cash Flow	-445.35	824.76	505.48	3,606	2,048	3,592
Free Cash Flow Per Share	-0.19	0.36	0.21	1.58	0.95	1.66
Dividend Per Share	0.033	0.033	0.100	-	1.110	1.100
Dividend Growth	-67.00%	-67.00%	-	-	0.91%	-
Gross Margin	5.63%	4.77%	6.27%	6.79%	19.94%	22.60%
Operating Margin	1.94%	1.52%	3.21%	2.93%	15.54%	17.84%
Profit Margin	2.02%	1.15%	2.60%	3.38%	12.60%	12.89%
Free Cash Flow Margin	-2.22%	3.82%	1.91%	11.46%	9.45%	21.64%
EBITDA	849.06	779.18	1,275	1,344	3,806	3,420
EBITDA Margin	4.24%	3.61%	4.81%	4.27%	17.55%	20.60%
D&A For EBITDA	459.44	452.3	423.72	421.81	437.49	458.33
EBIT	389.62	326.89	851.05	922.29	3,368	2,962
EBIT Margin	1.94%	1.52%	3.21%	2.93%	15.54%	17.84%
Effective Tax Rate	40.49%	46.25%	29.33%	19.61%	24.15%	29.77%
Revenue as Reported	20,031	21,560	26,507	31,463	21,679	-
Advertising Expenses	-	1.93	2.27	3.45	1.16	2.56

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.