Xinyu Iron & Steel Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	35,645	39,599	66,290	93,280	98,888	67,739
Other Revenue	2,204	2,204	4,853	5,721	6,023	4,673
Revenue	37,849	41,804	71,143	99,001	104,911	72,412
Revenue Growth (YoY)	-5.47%	-41.24%	-28.14%	-5.63%	44.88%	25.06%
Cost of Revenue	36,444	41,633	69,919	95,982	98,365	68,128
Gross Profit	1,405	170.56	1,224	3,019	6,546	4,284
Selling, General & Admin	596.5	555.34	801.03	930.23	664.9	536.82
Research & Development	389.69	536.8	713.83	650.22	612.37	630.05
Other Operating Expenses	164.31	-73.23	-31.9	100.07	214.59	162.01
Operating Expenses	1,144	1,055	1,552	1,638	1,573	1,293
Operating Income	260.43	-884.75	-328.29	1,381	4,973	2,991
Interest Expense	-99.85	-149.77	-121.01	-172.63	-275.51	-279.57
Interest & Investment Income	571.1	1,011	932.42	423.61	441.18	527.78
Currency Exchange Gain (Loss)	-34.31	-34.31	-11.66	-212.56	90.61	166.7
Other Non Operating Income (Expenses)	10.9	-0.04	-21.58	-60.78	-42.25	-33.72
EBT Excluding Unusual Items	708.26	-57.8	449.89	1,359	5,187	3,373
Impairment of Goodwill	-	-	-	-1.37	-	-
Gain (Loss) on Sale of Investments	6.98	6.98	1.86	12.98	12.97	3.38
Gain (Loss) on Sale of Assets	-18.13	-19.26	-35.96	-213.06	-53.22	-159.96
Asset Writedown	101.21	-	-	-29.43	-	-
Other Unusual Items	110.34	110.34	143.31	83.99	78.39	73.66
Pretax Income	908.67	40.26	559.1	1,212	5,231	3,290
Income Tax Expense	-87.46	-14.1	42.08	163.3	754.4	543.37
Earnings From Continuing Operations	996.13	54.36	517.03	1,049	4,476	2,746
Minority Interest in Earnings	-24.49	-21.58	-19.28	-2.49	-125.5	-46.03
Net Income	971.64	32.78	497.74	1,046	4,351	2,700
Net Income to Common	971.64	32.78	497.74	1,046	4,351	2,700
Net Income Growth	-	-93.41%	-52.43%	-75.95%	61.14%	-20.91%
Shares Outstanding (Basic)	3,309	3,278	3,111	3,171	3,130	3,177
Shares Outstanding (Diluted)	3,309	3,278	3,111	3,171	3,130	3,177
Shares Change (YoY)	6.61%	5.37%	-1.89%	1.30%	-1.46%	-0.44%
EPS (Basic)	0.29	0.01	0.16	0.33	1.39	0.85
EPS (Diluted)	0.29	0.01	0.16	0.33	1.39	0.85
EPS Growth	-	-93.75%	-51.52%	-76.26%	63.53%	-20.56%
Free Cash Flow	-1,416	2,021	-2,448	-1,086	3,550	2,611
Free Cash Flow Per Share	-0.43	0.62	-0.79	-0.34	1.13	0.82
Dividend Per Share	0.010	0.010	0.150	0.100	0.500	0.300
Dividend Growth	-93.33%	-93.33%	50.00%	-80.00%	66.67%	50.00%
Gross Margin	3.71%	0.41%	1.72%	3.05%	6.24%	5.92%
Operating Margin	0.69%	-2.12%	-0.46%	1.40%	4.74%	4.13%
Profit Margin	2.57%	0.08%	0.70%	1.06%	4.15%	3.73%
Free Cash Flow Margin	-3.74%	4.83%	-3.44%	-1.10%	3.38%	3.61%
EBITDA	1,350	208.72	770.99	2,528	6,032	4,005
EBITDA Margin	3.57%	0.50%	1.08%	2.55%	5.75%	5.53%
D&A For EBITDA	1,089	1,093	1,099	1,146	1,059	1,014
EBIT	260.43	-884.75	-328.29	1,381	4,973	2,991
EBIT Margin	0.69%	-2.12%	-0.46%	1.40%	4.74%	4.13%
Effective Tax Rate	-	-	7.53%	13.47%	14.42%	16.52%
Revenue as Reported	37,849	41,804	71,143	99,001	104,911	72,412

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.