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

Huaxin Cement 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	33,977	33,460	30,169	32,237	29,151
Other Revenue	239.86	296.82	301.69	226.75	205.02
Revenue	34,217	33,757	30,470	32,464	29,357
Revenue Growth (YoY)	1.36%	10.79%	-6.14%	10.59%	-6.63%
Cost of Revenue	25,814	24,878	22,529	21,439	18,085
Gross Profit	8,403	8,879	7,942	11,025	11,271
Selling, General & Admin	3,335	3,296	2,924	2,927	2,992
Research & Development	238.74	301.1	78.16	71.4	55.98
Other Operating Expenses	745.94	673.69	510.83	495.15	372.65
Operating Expenses	4,412	4,333	3,529	3,519	3,431
Operating Income	3,991	4,545	4,412	7,506	7,840
Interest Expense	-802.4	-722.07	-406.55	-278.75	-200.58
Interest & Investment Income	264.9	191.77	101.99	183.23	182.4
Currency Exchange Gain (Loss)	-46.85	-89.7	-126.42	-8.63	-143.4
Other Non Operating Income (Expenses)	-23.01	-83.09	-15.31	-41.43	-28.5
EBT Excluding Unusual Items	3,384	3,842	3,966	7,361	7,650
Impairment of Goodwill	-	0.71	-38.58	10.39	-
Gain (Loss) on Sale of Investments	11.05	-36.44	18.99	-4.5	2.41
Gain (Loss) on Sale of Assets	742.2	417.57	-9.12	-23.5	-9.01
Asset Writedown	-82.3	-2.22	-58.49	-27.06	-68.84
Other Unusual Items	56.89	104.29	109.14	57.04	89.33
Pretax Income	4,112	4,326	3,988	7,373	7,664
Income Tax Expense	1,158	1,108	964.53	1,568	1,490
Earnings From Continuing Operations	2,953	3,218	3,024	5,805	6,174
Minority Interest in Earnings	-537.19	-455.98	-324.69	-441.41	-542.99
Net Income	2,416	2,762	2,699	5,364	5,631
Preferred Dividends & Other Adjustments	1.08	0.43	1.87	-	-
Net Income to Common	2,415	2,762	2,697	5,364	5,631
Net Income Growth	-12.52%	2.34%	-49.68%	-4.74%	-11.22%
Shares Outstanding (Basic)	2,075	2,074	2,074	2,074	2,093
Shares Outstanding (Diluted)	2,077	2,075	2,076	2,079	2,093
Shares Change (YoY)	0.09%	-0.07%	-0.12%	-0.68%	-
EPS (Basic)	1.16	1.33	1.30	2.59	2.69
EPS (Diluted)	1.13	1.32	1.28	2.58	2.69
EPS Growth	-14.12%	3.22%	-50.49%	-4.09%	-11.22%
Free Cash Flow	1,443	1,385	-3,150	1,366	4,816
Free Cash Flow Per Share	0.69	0.67	-1.52	0.66	2.30
Dividend Per Share	0.460	0.530	0.510	1.000	1.080
Dividend Growth	-13.21%	3.92%	-49.00%	-7.41%	-10.74%
Gross Margin	24.56%	26.30%	26.06%	33.96%	38.39%
Operating Margin	11.67%	13.46%	14.48%	23.12%	26.71%
Profit Margin	7.06%	8.18%	8.85%	16.52%	19.18%
Free Cash Flow Margin	4.22%	4.10%	-10.34%	4.21%	16.40%
EBITDA	7,448	7,960	6,878	9,618	9,603
EBITDA Margin	21.77%	23.58%	22.57%	29.63%	32.71%
D&A For EBITDA	3,457	3,414	2,465	2,112	1,763
EBIT	3,991	4,545	4,412	7,506	7,840
EBIT Margin	11.67%	13.46%	14.48%	23.12%	26.71%
Effective Tax Rate	28.17%	25.61%	24.19%	21.27%	19.44%
Revenue as Reported	34,217	33,757	30,470	32,464	29,357

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.