China Railway Hi-tech Industry Corporation Limited (SHA:600528)

SHA:600528 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	29,003	29,830	28,496	26,976	24,182
Other Revenue	-	236.98	320.88	181.23	109.46
Revenue	29,003	30,067	28,817	27,157	24,292
Revenue Growth (YoY)	-3.54%	4.34%	6.11%	11.80%	18.06%
Cost of Revenue	23,454	24,327	23,615	22,274	20,023
Gross Profit	5,549	5,740	5,202	4,883	4,269
Selling, General & Admin	1,967	2,037	1,702	1,550	1,322
Research & Development	1,789	1,668	1,537	1,397	1,203
Other Operating Expenses	-167.68	86.33	153.39	147.31	102.75
Operating Expenses	3,589	3,876	3,470	3,135	2,649
Operating Income	1,960	1,864	1,732	1,748	1,620
Interest Expense	-	-18.86	-20.57	-20.32	-25.38
Interest & Investment Income	5.42	92.09	151.06	116.63	147.67
Currency Exchange Gain (Loss)	-	-30.86	11.52	37.32	-7.66
Other Non Operating Income (Expenses)	-72.18	-115.65	-34.18	-20.21	-38.07
EBT Excluding Unusual Items	1,893	1,791	1,840	1,862	1,696
Gain (Loss) on Sale of Investments	-24.06	-79.1	-	-	-
Gain (Loss) on Sale of Assets	-1.12	8.76	43.36	81.29	221.44
Asset Writedown	-4.02	-4.66	-0.6	-1.05	-14.79
Other Unusual Items	-	185.9	193.62	137.34	128.03
Pretax Income	1,864	1,902	2,079	2,080	2,031
Income Tax Expense	131.34	138.37	187.72	221.17	205.57
Earnings From Continuing Operations	1,733	1,763	1,892	1,859	1,825
Minority Interest in Earnings	37.05	-19.36	-16.11	-2.22	0.61
Net Income	1,770	1,744	1,876	1,856	1,826
Preferred Dividends & Other Adjustments	-	110.64	115.75	121.68	66.46
Net Income to Common	1,770	1,633	1,760	1,735	1,759
Net Income Growth	1.50%	-7.03%	1.04%	1.66%	12.26%
Shares Outstanding (Basic)	2,329	2,222	2,222	2,222	2,222
Shares Outstanding (Diluted)	2,329	2,222	2,222	2,222	2,222
Shares Change (YoY)	4.83%	-	-	-	-
EPS (Basic)	0.76	0.74	0.79	0.78	0.79
EPS (Diluted)	0.76	0.74	0.79	0.78	0.79
EPS Growth	3.38%	-6.94%	1.28%	-1.27%	8.35%
Free Cash Flow	55.3	-556.97	383.29	-80.81	-95.78
Free Cash Flow Per Share	0.02	-0.25	0.17	-0.04	-0.04
Dividend Per Share	-	0.101	0.146	0.145	0.141
Dividend Growth	-	-30.62%	0.69%	2.84%	11.91%
Gross Margin	19.13%	19.09%	18.05%	17.98%	17.57%
Operating Margin	6.76%	6.20%	6.01%	6.44%	6.67%
Profit Margin	6.10%	5.43%	6.11%	6.39%	7.24%
Free Cash Flow Margin	0.19%	-1.85%	1.33%	-0.30%	-0.39%
EBITDA	2,663	2,446	2,383	2,341	2,069
EBITDA Margin	9.18%	8.13%	8.27%	8.62%	8.52%
D&A For EBITDA	702.66	581.62	651.07	592.73	449.81
EBIT	1,960	1,864	1,732	1,748	1,620
EBIT Margin	6.76%	6.20%	6.01%	6.44%	6.67%
Effective Tax Rate	7.04%	7.28%	9.03%	10.63%	10.12%

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