Jiangxi Salt Industry Group Co., Ltd (SHA:601065)

SHA:601065 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,491	2,611	2,800	2,863	1,995	1,260
Other Revenue	71.08	71.08	87.09	72.68	60.55	35.66
Revenue	2,562	2,682	2,888	2,936	2,055	1,295
Revenue Growth (YoY)	-9.15%	-7.10%	-1.65%	42.86%	58.68%	-6.25%
Cost of Revenue	1,669	1,701	1,822	1,953	1,438	951.07
Gross Profit	893.65	981.14	1,066	983.5	617.18	344.13
Selling, General & Admin	308.46	317.04	315.44	294.19	259.02	205.19
Research & Development	104.94	104.58	108.77	94.47	63.82	38.64
Other Operating Expenses	52.24	47.2	60.44	61.84	38.05	23.44
Operating Expenses	463.76	467.71	485.45	451.09	367.67	268.58
Operating Income	429.89	513.43	580.37	532.41	249.51	75.55
Interest Expense	-3.36	-5.2	-16.98	-40.13	-45.08	-28.78
Interest & Investment Income	9.88	11.09	9.29	1.76	1.78	3.46
Currency Exchange Gain (Loss)	2.93	2.93	0.51	2.96	-0.41	-0.28
Other Non Operating Income (Expenses)	-0.35	-0.57	-0.28	1.3	-1.62	-0.83
EBT Excluding Unusual Items	439	521.69	572.91	498.29	204.17	49.12
Gain (Loss) on Sale of Investments	-0.08	-0.08	-0.01	-1.08	-0.32	-
Gain (Loss) on Sale of Assets	18.2	18.19	7.43	2.45	4.31	112.17
Asset Writedown	-5.71	-5.71	-7.33	-9.24	-5.66	-0.67
Other Unusual Items	20.21	19.23	17.39	10.37	9.45	14.73
Pretax Income	471.92	553.62	590.4	500.8	211.96	175.34
Income Tax Expense	61.14	74.74	76.52	62.51	22.86	29.51
Earnings From Continuing Operations	410.78	478.88	513.88	438.29	189.1	145.82
Net Income to Company	410.78	478.88	513.88	438.29	189.1	145.82
Minority Interest in Earnings	-15.22	-17.9	-18.83	-16.86	-7.17	-3.85
Net Income	395.56	460.97	495.05	421.43	181.92	141.98
Net Income to Common	395.56	460.97	495.05	421.43	181.92	141.98
Net Income Growth	-20.15%	-6.88%	17.47%	131.65%	28.14%	253.68%
Shares Outstanding (Basic)	637	640	589	484	479	458
Shares Outstanding (Diluted)	637	640	589	484	479	458
Shares Change (YoY)	1.37%	8.64%	21.66%	1.18%	4.53%	2.68%
EPS (Basic)	0.62	0.72	0.84	0.87	0.38	0.31
EPS (Diluted)	0.62	0.72	0.84	0.87	0.38	0.31
EPS Growth	-21.23%	-14.29%	-3.45%	128.95%	22.58%	244.44%
Free Cash Flow	118.98	72.52	441.81	468.87	82.79	-325.91
Free Cash Flow Per Share	0.19	0.11	0.75	0.97	0.17	-0.71
Dividend Per Share	0.220	0.220	0.350	0.078	-	-
Dividend Growth	-37.14%	-37.14%	348.72%	-	-	-
Gross Margin	34.88%	36.58%	36.91%	33.50%	30.03%	26.57%
Operating Margin	16.78%	19.14%	20.10%	18.13%	12.14%	5.83%
Profit Margin	15.44%	17.18%	17.14%	14.35%	8.85%	10.96%
Free Cash Flow Margin	4.64%	2.70%	15.30%	15.97%	4.03%	-25.16%
EBITDA	701.74	782.82	839.92	797.43	477.61	265.04
EBITDA Margin	27.39%	29.18%	29.09%	27.16%	23.24%	20.46%
D&A For EBITDA	271.85	269.39	259.55	265.02	228.1	189.49
EBIT	429.89	513.43	580.37	532.41	249.51	75.55
EBIT Margin	16.78%	19.14%	20.10%	18.13%	12.14%	5.83%
Effective Tax Rate	12.96%	13.50%	12.96%	12.48%	10.79%	16.83%
Revenue as Reported	2,562	2,682	2,888	2,936	2,055	-
Advertising Expenses	-	9.87	6.36	7.39	2.96	5.49

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.