Shaanxi Coal Industry Company Limited (SHA: 601225)

Shaanxi Coal Industry Company 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	168,057	170,062	166,045	151,435	94,366	72,882
Other Revenue	810.02	810.02	802.93	872.96	696.66	850.5
Revenue	168,867	170,872	166,848	152,308	95,063	73,732
Revenue Growth (YoY)	3.15%	2.41%	9.55%	60.22%	28.93%	28.85%
Cost of Revenue	108,265	106,381	91,977	97,634	70,383	45,056
Gross Profit	60,602	64,491	74,871	54,673	24,679	28,676
Selling, General & Admin	8,532	8,447	7,750	7,226	4,931	6,691
Research & Development	465.76	734.18	578.52	152.95	95.98	54.68
Other Operating Expenses	10,753	11,142	11,409	8,982	4,164	3,959
Operating Expenses	19,724	20,321	19,609	16,379	9,451	10,632
Operating Income	40,878	44,171	55,262	38,294	15,229	18,045
Interest Expense	-241.3	-322.81	-600.41	-620.77	-523.22	-802.88
Interest & Investment Income	2,780	3,214	15,603	3,540	6,750	1,972
Currency Exchange Gain (Loss)	-0.1	-0.1	-0.06	29.05	123.88	0.38
Other Non Operating Income (Expenses)	55.09	-18.1	-147.24	-82.42	-70.62	-41.44
EBT Excluding Unusual Items	43,471	47,044	70,118	41,160	21,509	19,173
Impairment of Goodwill	-	-	-11.23	-	-	-
Gain (Loss) on Sale of Investments	-1,323	-4,601	-5,165	1,369	2,730	478.9
Gain (Loss) on Sale of Assets	-52.12	-46.72	-360.18	-649.24	14.49	-249.93
Asset Writedown	-130.43	-104.44	-732.78	-760.17	-301.47	-66.44
Other Unusual Items	-16.59	-16.59	7.35	3.63	5.28	52.99
Pretax Income	41,949	42,274	63,856	41,123	23,957	19,388
Income Tax Expense	7,052	6,387	10,647	7,100	4,244	2,758
Earnings From Continuing Operations	34,897	35,887	53,209	34,023	19,713	16,630
Minority Interest in Earnings	-13,895	-14,648	-18,007	-12,604	-4,853	-4,990
Net Income	21,003	21,239	35,202	21,419	14,860	11,640
Net Income to Common	21,003	21,239	35,202	21,419	14,860	11,640
Net Income Growth	-5.38%	-39.67%	64.35%	44.14%	27.66%	5.89%
Shares Outstanding (Basic)	9,723	9,698	9,698	9,692	9,712	9,700
Shares Outstanding (Diluted)	9,723	9,698	9,698	9,692	9,712	9,700
Shares Change (YoY)	0.32%	0.01%	0.06%	-0.21%	0.13%	-2.93%
EPS (Basic)	2.16	2.19	3.63	2.21	1.53	1.20
EPS (Diluted)	2.16	2.19	3.63	2.21	1.53	1.20
EPS Growth	-5.68%	-39.67%	64.25%	44.44%	27.50%	9.09%
Free Cash Flow	30,898	27,699	45,948	44,203	12,844	14,489
Free Cash Flow Per Share	3.18	2.86	4.74	4.56	1.32	1.49
Dividend Per Share	1.424	1.315	2.180	1.350	0.800	0.360
Dividend Growth	-34.68%	-39.68%	61.48%	68.75%	122.22%	9.09%
Gross Margin	35.89%	37.74%	44.87%	35.90%	25.96%	38.89%
Operating Margin	24.21%	25.85%	33.12%	25.14%	16.02%	24.47%
Profit Margin	12.44%	12.43%	21.10%	14.06%	15.63%	15.79%
Free Cash Flow Margin	18.30%	16.21%	27.54%	29.02%	13.51%	19.65%
EBITDA	52,868	55,569	65,872	47,584	21,734	23,929
EBITDA Margin	31.31%	32.52%	39.48%	31.24%	22.86%	32.45%
D&A For EBITDA	11,990	11,399	10,610	9,290	6,505	5,884
EBIT	40,878	44,171	55,262	38,294	15,229	18,045
EBIT Margin	24.21%	25.85%	33.12%	25.14%	16.02%	24.47%
Effective Tax Rate	16.81%	15.11%	16.67%	17.26%	17.71%	14.22%
Revenue as Reported	168,867	170,872	166,848	152,308	95,063	73,732
Advertising Expenses	-	42.63	91.12	74.74	20.76	39.33

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