China National Gold Group Gold Jewellery Co.,Ltd. (SHA:600916)

SHA:600916 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	56,349	60,196	56,035	46,858	50,637	33,705
Other Revenue	58.49	268.46	329.25	265.88	121.04	82.18
Revenue	56,408	60,464	56,364	47,124	50,758	33,788
Revenue Growth (YoY)	-8.95%	7.27%	19.61%	-7.16%	50.23%	-11.72%
Cost of Revenue	53,951	57,864	54,044	45,291	49,197	32,353
Gross Profit	2,457	2,601	2,321	1,833	1,561	1,435
Selling, General & Admin	657.98	691.43	687.32	595.87	599.01	468.99
Research & Development	13.46	12.67	27.33	27.78	14.62	5.41
Other Operating Expenses	75.7	69.74	79.27	68.71	77.5	50.52
Operating Expenses	738.05	765.92	808.18	704.45	698.46	539.63
Operating Income	1,719	1,835	1,513	1,129	862.63	895.12
Interest Expense	-51.77	-61.19	-62.85	-72.11	-103.92	-111.32
Interest & Investment Income	225.3	61.83	46.48	50.5	148.71	21.42
Other Non Operating Income (Expenses)	-29.64	-33.65	-39.38	-4.39	-2.97	-2.39
EBT Excluding Unusual Items	1,862	1,802	1,457	1,103	904.45	802.83
Gain (Loss) on Sale of Investments	-1,230	-821.17	-412.42	-243.66	50.21	-244.71
Gain (Loss) on Sale of Assets	0.2	0.2	1.81	-	-1.1	-0
Asset Writedown	-	-	-	-0.02	-0	-
Legal Settlements	-24.34	-24.34	-	-	-	-
Other Unusual Items	71.58	64.72	156.21	87.24	47.42	70.88
Pretax Income	680.18	1,021	1,203	946.54	1,001	628.99
Income Tax Expense	127.87	194.39	225.27	179.46	203.2	126.94
Earnings From Continuing Operations	552.31	826.73	977.24	767.07	797.77	502.05
Minority Interest in Earnings	-9.29	-8.34	-3.76	-1.74	-3.34	-1.9
Net Income	543.01	818.39	973.48	765.33	794.43	500.16
Net Income to Common	543.01	818.39	973.48	765.33	794.43	500.16
Net Income Growth	-47.31%	-15.93%	27.20%	-3.66%	58.84%	10.79%
Shares Outstanding (Basic)	1,660	1,670	1,678	1,664	1,655	1,516
Shares Outstanding (Diluted)	1,660	1,670	1,678	1,664	1,655	1,516
Shares Change (YoY)	-1.65%	-0.49%	0.88%	0.53%	9.20%	0.71%
EPS (Basic)	0.33	0.49	0.58	0.46	0.48	0.33
EPS (Diluted)	0.33	0.49	0.58	0.46	0.48	0.33
EPS Growth	-46.43%	-15.52%	26.09%	-4.17%	45.45%	10.00%
Free Cash Flow	1,790	1,579	1,517	1,153	782.84	533.67
Free Cash Flow Per Share	1.08	0.95	0.90	0.69	0.47	0.35
Dividend Per Share	0.350	0.350	0.450	0.300	0.240	0.160
Dividend Growth	-22.22%	-22.22%	50.00%	25.00%	50.00%	-
Gross Margin	4.35%	4.30%	4.12%	3.89%	3.08%	4.25%
Operating Margin	3.05%	3.03%	2.68%	2.40%	1.70%	2.65%
Profit Margin	0.96%	1.35%	1.73%	1.62%	1.57%	1.48%
Free Cash Flow Margin	3.17%	2.61%	2.69%	2.45%	1.54%	1.58%
EBITDA	1,726	1,844	1,528	1,144	875.35	905.52
EBITDA Margin	3.06%	3.05%	2.71%	2.43%	1.73%	2.68%
D&A For EBITDA	7.07	9.26	15.42	14.67	12.72	10.41
EBIT	1,719	1,835	1,513	1,129	862.63	895.12
EBIT Margin	3.05%	3.03%	2.68%	2.40%	1.70%	2.65%
Effective Tax Rate	18.80%	19.04%	18.73%	18.96%	20.30%	20.18%
Revenue as Reported	56,408	60,464	56,364	47,124	50,758	33,788
Advertising Expenses	-	34.29	31.18	58.08	56.6	51.33

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