Western Mining Co.,Ltd. (SHA: 601168)

Western Mining Co.,Ltd. Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	46,919	42,428	39,427	37,044	28,152	30,150
Other Revenue	320.37	320.37	811.81	1,456	522.47	416.39
Revenue	47,240	42,748	40,238	38,500	28,674	30,567
Revenue Growth (YoY)	4.79%	6.24%	4.52%	34.27%	-6.19%	6.24%
Cost of Revenue	37,395	35,076	32,568	30,453	24,745	26,951
Gross Profit	9,845	7,673	7,670	8,046	3,930	3,616
Selling, General & Admin	975.81	930.61	805.01	786.23	658.87	751.48
Research & Development	520.35	574.16	400.42	293.98	153.37	123.29
Other Operating Expenses	887.38	739.46	717.85	699.95	394.17	347.79
Operating Expenses	2,390	2,244	1,923	1,784	1,206	1,221
Operating Income	7,455	5,428	5,747	6,263	2,723	2,395
Interest Expense	-652.24	-702.65	-736.5	-913.36	-855.69	-977.54
Interest & Investment Income	202.04	353.11	675.63	49.26	60.35	115.97
Currency Exchange Gain (Loss)	1.92	1.92	6.99	-6.34	20.28	17.76
Other Non Operating Income (Expenses)	38.15	-154.67	-162.71	-144.22	-17.53	-97.92
EBT Excluding Unusual Items	7,045	4,926	5,530	5,248	1,931	1,454
Gain (Loss) on Sale of Investments	-193.37	72.96	118.54	-190.46	-257	0.1
Gain (Loss) on Sale of Assets	-374.42	-374.78	-5.94	-2.19	-81.94	12.9
Asset Writedown	-219.21	-	-180.48	-50.29	-1.48	-62.33
Other Unusual Items	94.93	94.93	148.45	115.85	57.94	139.61
Pretax Income	6,353	4,719	5,610	5,121	1,648	1,544
Income Tax Expense	760.92	485.98	578.04	563.94	304.82	197.41
Earnings From Continuing Operations	5,592	4,233	5,032	4,557	1,344	1,347
Minority Interest in Earnings	-2,268	-1,444	-1,615	-1,625	-436.69	-339.38
Net Income	3,324	2,789	3,417	2,932	906.83	1,007
Net Income to Common	3,324	2,789	3,417	2,932	906.83	1,007
Net Income Growth	2.76%	-18.38%	16.56%	223.32%	-9.96%	-
Shares Outstanding (Basic)	2,374	2,384	2,390	2,384	2,386	2,398
Shares Outstanding (Diluted)	2,374	2,384	2,390	2,384	2,386	2,398
Shares Change (YoY)	-0.91%	-0.24%	0.25%	-0.11%	-0.48%	0.63%
EPS (Basic)	1.40	1.17	1.43	1.23	0.38	0.42
EPS (Diluted)	1.40	1.17	1.43	1.23	0.38	0.42
EPS Growth	3.70%	-18.18%	16.26%	223.68%	-9.52%	-
Free Cash Flow	5,733	3,351	8,403	4,880	-1,366	1,089
Free Cash Flow Per Share	2.41	1.41	3.52	2.05	-0.57	0.45
Dividend Per Share	0.500	0.500	1.400	0.200	0.120	0.100
Dividend Growth	-64.29%	-64.29%	600.00%	66.67%	20.00%	-
Gross Margin	20.84%	17.95%	19.06%	20.90%	13.71%	11.83%
Operating Margin	15.78%	12.70%	14.28%	16.27%	9.50%	7.84%
Profit Margin	7.04%	6.52%	8.49%	7.62%	3.16%	3.29%
Free Cash Flow Margin	12.14%	7.84%	20.88%	12.68%	-4.76%	3.56%
EBITDA	9,657	7,441	7,507	8,099	3,972	3,607
EBITDA Margin	20.44%	17.41%	18.66%	21.04%	13.85%	11.80%
D&A For EBITDA	2,202	2,012	1,760	1,836	1,249	1,212
EBIT	7,455	5,428	5,747	6,263	2,723	2,395
EBIT Margin	15.78%	12.70%	14.28%	16.27%	9.50%	7.84%
Effective Tax Rate	11.98%	10.30%	10.30%	11.01%	18.49%	12.79%
Revenue as Reported	47,240	42,748	40,238	38,500	28,674	30,567

Source: S&P Capital IQ. Standard template. Financial Sources.