China Enterprise Company Limited (SHA:600675)

China Enterprise Company 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	12,579	6,937	13,150	2,544	9,554	11,554
Other Revenue	21.52	21.52	37.38	14.37	43.07	-2.39
Revenue	12,600	6,959	13,187	2,559	9,597	11,552
Revenue Growth (YoY)	133.65%	-47.23%	415.37%	-73.34%	-16.93%	-13.02%
Cost of Revenue	8,500	4,772	9,634	1,878	5,129	6,729
Gross Profit	4,100	2,187	3,554	680.52	4,468	4,823
Selling, General & Admin	420.21	446.1	487.14	493.31	601.81	558.24
Other Operating Expenses	1,311	727.54	1,295	407.94	1,618	1,574
Operating Expenses	1,728	1,177	1,781	903.13	2,221	2,133
Operating Income	2,372	1,010	1,773	-222.61	2,247	2,689
Interest Expense	-761.67	-870.29	-1,024	-924.48	-737.24	-601.66
Interest & Investment Income	380.74	170.87	514.48	1,114	425.12	497.36
Currency Exchange Gain (Loss)	0	0	0	0.02	-0.01	-0.02
Other Non Operating Income (Expenses)	4.18	-1.28	-9.05	-13.97	-4.26	-4.83
EBT Excluding Unusual Items	1,995	309.7	1,255	-46.64	1,931	2,580
Gain (Loss) on Sale of Investments	11.18	5.85	-166.27	-16.81	-2.98	-12.92
Gain (Loss) on Sale of Assets	158.15	158.02	27.97	163.12	69.39	9.48
Asset Writedown	0.01	-	-105.47	-	-	-
Other Unusual Items	-3.05	-3.05	28.55	40.61	55.77	26.43
Pretax Income	2,161	470.52	1,040	140.28	2,053	2,603
Income Tax Expense	849.73	403.53	584.71	86.44	871.07	619.4
Earnings From Continuing Operations	1,311	67	454.94	53.84	1,182	1,984
Minority Interest in Earnings	-749.36	-383.76	100.22	-110.87	-376.64	-605.62
Net Income	562.13	-316.76	555.16	-57.04	805.28	1,378
Net Income to Common	562.13	-316.76	555.16	-57.04	805.28	1,378
Net Income Growth	-	-	-	-	-41.57%	-41.11%
Shares Outstanding (Basic)	6,340	6,335	6,168	5,704	6,194	5,992
Shares Outstanding (Diluted)	6,340	6,335	6,168	5,704	6,194	5,992
Shares Change (YoY)	4.72%	2.70%	8.15%	-7.92%	3.38%	-2.70%
EPS (Basic)	0.09	-0.05	0.09	-0.01	0.13	0.23
EPS (Diluted)	0.09	-0.05	0.09	-0.01	0.13	0.23
EPS Growth	-	-	-	-	-43.48%	-39.47%
Free Cash Flow	2,279	2,345	-196.06	135.71	2,769	2,526
Free Cash Flow Per Share	0.36	0.37	-0.03	0.02	0.45	0.42
Dividend Per Share	-	-	0.028	0.002	0.053	0.138
Dividend Growth	-	-	1300.00%	-96.23%	-61.59%	-
Gross Margin	32.54%	31.43%	26.95%	26.60%	46.56%	41.75%
Operating Margin	18.82%	14.52%	13.45%	-8.70%	23.42%	23.28%
Profit Margin	4.46%	-4.55%	4.21%	-2.23%	8.39%	11.93%
Free Cash Flow Margin	18.09%	33.69%	-1.49%	5.30%	28.86%	21.86%
EBITDA	2,838	1,428	2,125	115.53	2,536	2,960
EBITDA Margin	22.52%	20.52%	16.11%	4.52%	26.43%	25.62%
D&A For EBITDA	466.34	417.32	351.96	338.14	289.15	270.18
EBIT	2,372	1,010	1,773	-222.61	2,247	2,689
EBIT Margin	18.82%	14.52%	13.45%	-8.70%	23.42%	23.28%
Effective Tax Rate	39.32%	85.76%	56.24%	61.62%	42.43%	23.79%
Revenue as Reported	12,600	6,959	13,187	2,559	9,597	11,552
Advertising Expenses	-	13.1	8.85	9.51	13.22	7.21

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