CMST Development Co.,Ltd. (SHA:600787)

CMST Development 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	62,399	63,097	67,139	76,712	75,166	48,750
Other Revenue	46.9	46.9	126.59	64.51	72.38	80.3
Revenue	62,446	63,144	67,266	76,776	75,238	48,830
Revenue Growth (YoY)	-5.91%	-6.13%	-12.39%	2.04%	54.08%	20.95%
Cost of Revenue	60,559	61,289	65,337	75,107	73,580	47,358
Gross Profit	1,887	1,855	1,929	1,669	1,658	1,472
Selling, General & Admin	888.42	878.62	857.85	887.3	864.47	828.65
Research & Development	120.26	119.97	95.26	68.64	30.17	10.21
Other Operating Expenses	459.14	435.93	357.57	317.28	328.09	265.78
Operating Expenses	1,464	1,427	1,290	1,303	1,213	1,110
Operating Income	423.08	427.46	639.38	366.34	445.68	362.4
Interest Expense	-68.24	-78.9	-62.75	-131.88	-192.42	-196.29
Interest & Investment Income	68	81.01	66.22	54.73	160.05	182.76
Currency Exchange Gain (Loss)	-0.06	-0.06	-1.28	1.99	-1.81	19.32
Other Non Operating Income (Expenses)	-141.87	-144.87	-158.2	-49.75	-58.81	-296.06
EBT Excluding Unusual Items	280.92	284.64	483.37	241.42	352.69	72.13
Impairment of Goodwill	-	-	-9.82	-5.77	-	-45.77
Gain (Loss) on Sale of Investments	-436.77	-439.61	-54.19	-118.91	14.88	0.15
Gain (Loss) on Sale of Assets	650.5	930.23	668.5	671.56	658.18	665.15
Asset Writedown	-13.41	-14.7	-6.71	-46.77	-8.06	-42.91
Legal Settlements	1.18	1.18	3.83	0.23	-62.71	94.25
Other Unusual Items	14.16	14.16	10.82	130.8	175.12	18.02
Pretax Income	496.57	775.9	1,096	872.57	1,130	761.01
Income Tax Expense	226.13	289.83	253.43	170.05	217.89	214.52
Earnings From Continuing Operations	270.44	486.07	842.37	702.52	912.19	546.49
Minority Interest in Earnings	-76.96	-83.07	-55.8	-62.08	7.47	31.97
Net Income	193.48	403	786.57	640.44	919.66	578.46
Net Income to Common	193.48	403	786.57	640.44	919.66	578.46
Net Income Growth	-80.10%	-48.77%	22.82%	-30.36%	58.98%	106.92%
Shares Outstanding (Basic)	2,177	2,178	2,186	2,188	2,170	2,170
Shares Outstanding (Diluted)	2,177	2,178	2,186	2,188	2,170	2,170
Shares Change (YoY)	-0.13%	-0.33%	-0.11%	0.83%	0.01%	-0.42%
EPS (Basic)	0.09	0.18	0.36	0.29	0.42	0.27
EPS (Diluted)	0.09	0.18	0.36	0.29	0.42	0.27
EPS Growth	-80.08%	-48.60%	22.96%	-30.93%	58.97%	107.79%
Free Cash Flow	1,000	506.9	723.02	1,200	928.51	367.59
Free Cash Flow Per Share	0.46	0.23	0.33	0.55	0.43	0.17
Dividend Per Share	0.070	0.070	0.128	0.100	0.161	0.079
Dividend Growth	-45.31%	-45.31%	28.00%	-37.89%	103.80%	-
Gross Margin	3.02%	2.94%	2.87%	2.17%	2.20%	3.01%
Operating Margin	0.68%	0.68%	0.95%	0.48%	0.59%	0.74%
Profit Margin	0.31%	0.64%	1.17%	0.83%	1.22%	1.19%
Free Cash Flow Margin	1.60%	0.80%	1.07%	1.56%	1.23%	0.75%
EBITDA	661.78	673.52	914.86	688.38	714.18	604.33
EBITDA Margin	1.06%	1.07%	1.36%	0.90%	0.95%	1.24%
D&A For EBITDA	238.7	246.06	275.48	322.04	268.49	241.93
EBIT	423.08	427.46	639.38	366.34	445.68	362.4
EBIT Margin	0.68%	0.68%	0.95%	0.48%	0.59%	0.74%
Effective Tax Rate	45.54%	37.35%	23.13%	19.49%	19.28%	28.19%
Revenue as Reported	62,446	63,144	67,266	76,776	75,238	48,830

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