Sichuan Changhong Electric Co.,Ltd. (SHA:600839)

SHA:600839 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	107,961	102,651	96,352	91,007	98,013	92,145
Other Revenue	1,016	1,040	1,104	1,474	1,619	2,303
Revenue	108,977	103,691	97,456	92,482	99,632	94,448
Revenue Growth (YoY)	6.60%	6.40%	5.38%	-7.18%	5.49%	6.37%
Cost of Revenue	98,865	93,859	87,035	81,985	90,055	85,223
Gross Profit	10,112	9,832	10,421	10,496	9,577	9,225
Selling, General & Admin	5,715	5,611	5,729	5,616	5,970	6,220
Research & Development	2,190	2,142	2,213	2,303	2,093	1,889
Other Operating Expenses	418.81	256.98	469.49	510.39	472.1	538.46
Operating Expenses	8,524	8,153	8,843	9,123	8,796	8,825
Operating Income	1,587	1,679	1,578	1,373	781.06	399.75
Interest Expense	-446.54	-528.5	-412.58	-384.69	-365.16	-576.04
Interest & Investment Income	693.39	751.95	656.56	566.56	804.46	776.08
Currency Exchange Gain (Loss)	7.81	-56.94	-85.29	-142.64	-1.74	55.98
Other Non Operating Income (Expenses)	-192.42	-173.49	-201.73	-174.27	-324.48	-309.54
EBT Excluding Unusual Items	1,650	1,672	1,535	1,238	894.15	346.23
Impairment of Goodwill	-	-	-9.62	-19.61	-34.97	-68.57
Gain (Loss) on Sale of Investments	457.54	95.91	271.34	1.5	25.43	-141.45
Gain (Loss) on Sale of Assets	19.05	-0.66	-11.09	29.11	-283.93	-11.41
Asset Writedown	-45.28	-41.68	-114.88	-90.8	-38.18	-53.49
Legal Settlements	-	-	-	-89.07	-34.04	-
Other Unusual Items	421.84	309.29	368.72	378.25	359.59	370.47
Pretax Income	2,503	2,035	2,039	1,448	888.04	441.77
Income Tax Expense	383.97	229.5	240.98	313.23	212.62	206.75
Earnings From Continuing Operations	2,119	1,805	1,798	1,134	675.42	235.02
Minority Interest in Earnings	-1,195	-1,102	-1,110	-666.51	-390.82	-189.66
Net Income	923.97	703.52	687.7	467.87	284.6	45.37
Net Income to Common	923.97	703.52	687.7	467.87	284.6	45.37
Net Income Growth	20.63%	2.30%	46.98%	64.39%	527.35%	-25.09%
Shares Outstanding (Basic)	4,618	4,616	4,615	4,614	4,613	4,629
Shares Outstanding (Diluted)	4,618	4,616	4,615	4,614	4,613	4,629
Shares Change (YoY)	0.10%	0.02%	0.03%	0.03%	-0.36%	0.14%
EPS (Basic)	0.20	0.15	0.15	0.10	0.06	0.01
EPS (Diluted)	0.20	0.15	0.15	0.10	0.06	0.01
EPS Growth	20.51%	2.28%	46.94%	64.34%	529.59%	-25.19%
Free Cash Flow	1,822	1,730	1,284	2,274	3,616	572.73
Free Cash Flow Per Share	0.40	0.38	0.28	0.49	0.78	0.12
Dividend Per Share	0.050	0.100	-	0.040	0.020	0.010
Dividend Growth	-	-	-	100.00%	100.00%	-
Gross Margin	9.28%	9.48%	10.69%	11.35%	9.61%	9.77%
Operating Margin	1.46%	1.62%	1.62%	1.49%	0.78%	0.42%
Profit Margin	0.85%	0.68%	0.71%	0.51%	0.29%	0.05%
Free Cash Flow Margin	1.67%	1.67%	1.32%	2.46%	3.63%	0.61%
EBITDA	2,704	2,795	2,870	2,499	1,980	1,515
EBITDA Margin	2.48%	2.70%	2.94%	2.70%	1.99%	1.60%
D&A For EBITDA	1,117	1,117	1,292	1,126	1,199	1,116
EBIT	1,587	1,679	1,578	1,373	781.06	399.75
EBIT Margin	1.46%	1.62%	1.62%	1.49%	0.78%	0.42%
Effective Tax Rate	15.34%	11.28%	11.82%	21.64%	23.94%	46.80%
Revenue as Reported	108,977	103,691	97,456	92,482	99,632	94,448

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