Shaanxi Coal Industry Company Limited (SHA:601225)

SHA:601225 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	180,034	183,196	180,457	166,045	151,435	94,366
Other Revenue	948.59	948.59	1,015	802.93	872.96	696.66
Revenue	180,982	184,145	181,472	166,848	152,308	95,063
Revenue Growth (YoY)	0.55%	1.47%	8.77%	9.55%	60.22%	28.93%
Cost of Revenue	124,089	124,105	113,934	91,977	97,634	70,383
Gross Profit	56,893	60,040	67,538	74,871	54,673	24,679
Selling, General & Admin	7,203	7,669	8,981	7,750	7,226	4,931
Research & Development	641.31	645.35	806.17	578.52	152.95	95.98
Other Operating Expenses	10,159	10,268	11,174	11,409	8,982	4,164
Operating Expenses	18,230	18,812	20,979	19,609	16,379	9,451
Operating Income	38,663	41,228	46,560	55,262	38,294	15,229
Interest Expense	-771.7	-860.3	-1,035	-600.41	-620.77	-523.22
Interest & Investment Income	4,221	4,071	4,520	15,603	3,540	6,750
Currency Exchange Gain (Loss)	0.39	0.39	-0.1	-0.06	29.05	123.88
Other Non Operating Income (Expenses)	-146.68	-157.06	-284.64	-147.24	-82.42	-70.62
EBT Excluding Unusual Items	41,966	44,282	49,759	70,118	41,160	21,509
Impairment of Goodwill	-	-	-	-11.23	-	-
Gain (Loss) on Sale of Investments	957.12	-252.58	-4,601	-5,165	1,369	2,730
Gain (Loss) on Sale of Assets	6.35	-0.78	3.93	-360.18	-649.24	14.49
Asset Writedown	-393.89	-342.59	-235.54	-732.78	-760.17	-301.47
Other Unusual Items	150.72	149.35	73.48	7.35	3.63	5.28
Pretax Income	42,686	43,836	45,000	63,856	41,123	23,957
Income Tax Expense	7,080	7,278	6,657	10,647	7,100	4,244
Earnings From Continuing Operations	35,606	36,557	38,343	53,209	34,023	19,713
Minority Interest in Earnings	-13,306	-14,197	-15,243	-18,007	-12,604	-4,853
Net Income	22,300	22,360	23,100	35,202	21,419	14,860
Net Income to Common	22,300	22,360	23,100	35,202	21,419	14,860
Net Income Growth	5.92%	-3.21%	-34.38%	64.35%	44.14%	27.66%
Shares Outstanding (Basic)	9,695	9,695	9,695	9,698	9,692	9,712
Shares Outstanding (Diluted)	9,695	9,695	9,695	9,698	9,692	9,712
Shares Change (YoY)	0.10%	-	-0.03%	0.06%	-0.21%	0.13%
EPS (Basic)	2.30	2.31	2.38	3.63	2.21	1.53
EPS (Diluted)	2.30	2.31	2.38	3.63	2.21	1.53
EPS Growth	5.94%	-3.10%	-34.44%	64.25%	44.44%	27.50%
Free Cash Flow	25,914	28,457	29,028	45,948	44,203	12,844
Free Cash Flow Per Share	2.67	2.94	2.99	4.74	4.56	1.32
Dividend Per Share	-	-	1.315	2.180	1.350	0.800
Dividend Growth	-	-	-39.68%	61.48%	68.75%	122.22%
Gross Margin	31.44%	32.61%	37.22%	44.87%	35.90%	25.96%
Operating Margin	21.36%	22.39%	25.66%	33.12%	25.14%	16.02%
Profit Margin	12.32%	12.14%	12.73%	21.10%	14.06%	15.63%
Free Cash Flow Margin	14.32%	15.45%	16.00%	27.54%	29.02%	13.51%
EBITDA	52,041	54,549	59,651	65,872	47,584	21,734
EBITDA Margin	28.75%	29.62%	32.87%	39.48%	31.24%	22.86%
D&A For EBITDA	13,378	13,321	13,091	10,610	9,290	6,505
EBIT	38,663	41,228	46,560	55,262	38,294	15,229
EBIT Margin	21.36%	22.39%	25.66%	33.12%	25.14%	16.02%
Effective Tax Rate	16.59%	16.60%	14.79%	16.67%	17.26%	17.71%
Revenue as Reported	180,982	184,145	181,472	166,848	152,308	95,063
Advertising Expenses	-	32.81	44.78	91.12	74.74	20.76

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