Huaxin Cement Co., Ltd. (SHA: 600801)

Huaxin Cement Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	34,014	33,460	30,169	32,237	29,151	31,254
Other Revenue	296.82	296.82	301.69	226.75	205.02	185.58
Revenue	34,311	33,757	30,470	32,464	29,357	31,439
Revenue Growth (YoY)	4.53%	10.79%	-6.14%	10.59%	-6.62%	14.47%
Cost of Revenue	25,851	24,878	22,529	21,439	18,085	18,710
Gross Profit	8,460	8,879	7,942	11,025	11,271	12,729
Selling, General & Admin	3,450	3,296	2,924	2,927	2,992	3,550
Research & Development	251.8	301.1	78.16	71.4	55.98	37.32
Other Operating Expenses	775.75	699.65	510.83	495.15	372.65	359.58
Operating Expenses	4,526	4,359	3,529	3,519	3,431	3,963
Operating Income	3,934	4,519	4,412	7,506	7,840	8,766
Interest Expense	-821.52	-722.07	-406.55	-278.75	-200.58	-246.12
Interest & Investment Income	207.14	191.77	101.99	183.23	182.4	170.97
Currency Exchange Gain (Loss)	-89.7	-89.7	-126.42	-8.63	-143.4	-18.4
Other Non Operating Income (Expenses)	-206.35	-24.88	-15.31	-41.43	-28.5	-10.41
EBT Excluding Unusual Items	3,024	3,875	3,966	7,361	7,650	8,662
Impairment of Goodwill	0.71	0.71	-38.58	10.39	-	-21.49
Gain (Loss) on Sale of Investments	13.42	-36.44	18.99	-4.5	2.41	5.3
Gain (Loss) on Sale of Assets	430.59	417.57	-9.12	-23.5	-9.01	166.55
Asset Writedown	-2.89	-2.22	-58.49	-27.06	-68.84	-161.37
Other Unusual Items	72.03	72.03	109.14	57.04	89.33	65.55
Pretax Income	3,538	4,326	3,988	7,373	7,664	8,716
Income Tax Expense	963.03	1,108	964.53	1,568	1,490	1,695
Earnings From Continuing Operations	2,575	3,218	3,024	5,805	6,174	7,021
Minority Interest in Earnings	-548.5	-455.98	-324.69	-441.41	-542.99	-678.49
Net Income	2,026	2,762	2,699	5,364	5,631	6,342
Preferred Dividends & Other Adjustments	0.43	0.43	1.87	-	-	-
Net Income to Common	2,026	2,762	2,697	5,364	5,631	6,342
Net Income Growth	-13.72%	2.34%	-49.68%	-4.74%	-11.22%	22.40%
Shares Outstanding (Basic)	2,065	2,074	2,074	2,074	2,093	2,093
Shares Outstanding (Diluted)	2,065	2,075	2,076	2,079	2,093	2,093
Shares Change (YoY)	-0.65%	-0.07%	-0.12%	-0.68%	-0.00%	-0.22%
EPS (Basic)	0.98	1.33	1.30	2.59	2.69	3.03
EPS (Diluted)	0.97	1.32	1.28	2.58	2.69	3.03
EPS Growth	-12.56%	3.22%	-50.49%	-4.09%	-11.22%	22.67%
Free Cash Flow	1,655	1,385	-3,150	1,366	4,816	5,557
Free Cash Flow Per Share	0.80	0.67	-1.52	0.66	2.30	2.65
Dividend Per Share	0.530	0.530	0.510	1.000	1.080	1.210
Dividend Growth	3.92%	3.92%	-49.00%	-7.41%	-10.74%	47.31%
Gross Margin	24.66%	26.30%	26.06%	33.96%	38.39%	40.49%
Operating Margin	11.47%	13.39%	14.48%	23.12%	26.71%	27.88%
Profit Margin	5.90%	8.18%	8.85%	16.52%	19.18%	20.17%
Free Cash Flow Margin	4.82%	4.10%	-10.34%	4.21%	16.40%	17.68%
EBITDA	8,014	7,908	6,878	9,618	9,603	10,473
EBITDA Margin	23.36%	23.43%	22.57%	29.63%	32.71%	33.31%
D&A For EBITDA	4,080	3,388	2,465	2,112	1,763	1,707
EBIT	3,934	4,519	4,412	7,506	7,840	8,766
EBIT Margin	11.47%	13.39%	14.48%	23.12%	26.71%	27.88%
Effective Tax Rate	27.22%	25.61%	24.19%	21.27%	19.44%	19.45%
Revenue as Reported	34,311	33,757	30,470	32,464	29,357	31,439

Source: S&P Capital IQ. Standard template. Financial Sources.