Shanghai Material Trading Co., Ltd. (SHA:600822)

Shanghai Material Trading 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	2,113	4,454	7,795	4,951	6,481	7,757
Other Revenue	62.74	62.74	72.16	71.32	86.1	98.66
Revenue	2,176	4,517	7,867	5,022	6,567	7,856
Revenue Growth (YoY)	-62.27%	-42.59%	56.65%	-23.52%	-16.41%	7.65%
Cost of Revenue	1,933	4,241	7,506	4,735	6,196	7,518
Gross Profit	243.2	275.88	360.68	287.54	371.01	337.66
Selling, General & Admin	259.58	287.03	323.31	328.28	333.88	281.14
Other Operating Expenses	22	7.08	3.64	4.72	7.06	5.42
Operating Expenses	281.86	294.17	326.82	332.99	340.78	286.78
Operating Income	-38.65	-18.29	33.86	-45.45	30.22	50.88
Interest Expense	-6.09	-9.25	-9.01	-12.9	-13.5	-8.72
Interest & Investment Income	30.08	29.99	167.1	90.65	156.37	79.63
Currency Exchange Gain (Loss)	-0.08	-0.08	-0.03	0.04	0.03	-0.12
Other Non Operating Income (Expenses)	-3.8	-2.49	-3.67	-2.66	-1.04	-2.96
EBT Excluding Unusual Items	-18.53	-0.12	188.25	29.68	172.08	118.72
Gain (Loss) on Sale of Assets	0.54	0.34	0.08	0.48	0.44	1.12
Asset Writedown	-6.21	-2.03	-0.03	0.11	-0.06	-0.1
Other Unusual Items	54.96	54.96	14.38	33	13.27	20.8
Pretax Income	30.75	53.14	202.67	63.28	185.73	140.54
Income Tax Expense	17.73	18.63	72.38	14	36.35	17.13
Earnings From Continuing Operations	13.02	34.52	130.29	49.28	149.39	123.41
Minority Interest in Earnings	11.46	16.02	9.72	10.76	0.79	-8.87
Net Income	24.48	50.54	140.01	60.04	150.18	114.53
Net Income to Common	24.48	50.54	140.01	60.04	150.18	114.53
Net Income Growth	-57.08%	-63.91%	133.21%	-60.02%	31.12%	86.47%
Shares Outstanding (Basic)	496	496	496	496	496	496
Shares Outstanding (Diluted)	496	496	496	496	496	496
Shares Change (YoY)	-0.06%	-	-	-	-	-
EPS (Basic)	0.05	0.10	0.28	0.12	0.30	0.23
EPS (Diluted)	0.05	0.10	0.28	0.12	0.30	0.23
EPS Growth	-57.86%	-64.29%	133.33%	-60.00%	30.44%	91.67%
Free Cash Flow	201.88	204.39	272.2	-263.19	-60	196.85
Free Cash Flow Per Share	0.41	0.41	0.55	-0.53	-0.12	0.40
Gross Margin	11.18%	6.11%	4.58%	5.73%	5.65%	4.30%
Operating Margin	-1.78%	-0.40%	0.43%	-0.91%	0.46%	0.65%
Profit Margin	1.13%	1.12%	1.78%	1.20%	2.29%	1.46%
Free Cash Flow Margin	9.28%	4.52%	3.46%	-5.24%	-0.91%	2.51%
EBITDA	-20.81	4.56	63.39	-15.65	64.08	86.63
EBITDA Margin	-0.96%	0.10%	0.81%	-0.31%	0.98%	1.10%
D&A For EBITDA	17.85	22.85	29.53	29.79	33.86	35.75
EBIT	-38.65	-18.29	33.86	-45.45	30.22	50.88
EBIT Margin	-1.78%	-0.40%	0.43%	-0.91%	0.46%	0.65%
Effective Tax Rate	57.66%	35.05%	35.71%	22.12%	19.57%	12.19%
Revenue as Reported	2,176	4,517	7,867	5,022	6,567	7,856
Advertising Expenses	-	10.28	10.06	8.05	9.39	7.41

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