Shanghai Baosteel Packaging Co., Ltd. (SHA:601968)

SHA:601968 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	8,726	8,305	7,744	8,516	6,962	5,485
Other Revenue	13.06	13.06	16.55	27.52	20.53	300.7
Revenue	8,739	8,318	7,760	8,543	6,983	5,786
Revenue Growth (YoY)	7.83%	7.19%	-9.16%	22.35%	20.70%	0.27%
Cost of Revenue	8,113	7,667	7,068	7,872	6,357	5,180
Gross Profit	625.55	651.77	692.65	671.56	625.95	605.95
Selling, General & Admin	282.71	311.06	298.04	268	257.58	196.99
Research & Development	9.81	12.47	6.47	14.76	20.18	72.08
Other Operating Expenses	28.4	31.65	25.39	35.28	23.46	23.64
Operating Expenses	321.47	355.76	329.74	316.09	302.2	292.01
Operating Income	304.08	296.01	362.91	355.47	323.75	313.94
Interest Expense	-19.06	-30.26	-33.2	-31.06	-16.74	-27.24
Interest & Investment Income	2.59	13.67	17.85	6.97	6.48	20.01
Currency Exchange Gain (Loss)	22.79	22.79	6.71	16.97	-3.03	-1.94
Other Non Operating Income (Expenses)	-8.41	-6.76	-8.81	-14.08	-9.53	-8.08
EBT Excluding Unusual Items	301.98	295.45	345.46	334.26	300.93	296.68
Gain (Loss) on Sale of Investments	-24.31	-25.75	-38.98	-3.86	-	-4.92
Gain (Loss) on Sale of Assets	-1.21	0.85	0.11	-1.52	-2.5	-0.79
Asset Writedown	-3.11	-11.37	-4.8	-11.83	-4.27	-35.01
Other Unusual Items	7.95	6.16	16.84	22.72	17.7	0.77
Pretax Income	281.3	265.34	318.63	339.77	311.85	256.73
Income Tax Expense	68.81	73.88	75.83	59.36	26.03	46.86
Earnings From Continuing Operations	212.49	191.46	242.79	280.41	285.82	209.87
Minority Interest in Earnings	-21.32	-19.08	-24.23	-11.97	-19.47	-51.21
Net Income	191.17	172.38	218.57	268.44	266.36	158.66
Net Income to Common	191.17	172.38	218.57	268.44	266.36	158.66
Net Income Growth	10.26%	-21.13%	-18.58%	0.78%	67.88%	24.43%
Shares Outstanding (Basic)	1,250	1,149	1,150	1,118	1,065	835
Shares Outstanding (Diluted)	1,250	1,149	1,150	1,118	1,065	835
Shares Change (YoY)	8.79%	-0.10%	2.85%	4.98%	27.59%	-1.76%
EPS (Basic)	0.15	0.15	0.19	0.24	0.25	0.19
EPS (Diluted)	0.15	0.15	0.19	0.24	0.25	0.19
EPS Growth	1.36%	-21.05%	-20.83%	-4.00%	31.58%	26.67%
Free Cash Flow	192.59	511.29	109.2	-284.19	17.74	179.56
Free Cash Flow Per Share	0.15	0.45	0.10	-0.25	0.02	0.21
Dividend Per Share	0.077	0.074	0.098	0.121	0.120	0.071
Dividend Growth	-45.00%	-24.49%	-19.01%	0.83%	69.01%	-7.79%
Gross Margin	7.16%	7.83%	8.92%	7.86%	8.96%	10.47%
Operating Margin	3.48%	3.56%	4.68%	4.16%	4.64%	5.43%
Profit Margin	2.19%	2.07%	2.82%	3.14%	3.81%	2.74%
Free Cash Flow Margin	2.20%	6.15%	1.41%	-3.33%	0.25%	3.10%
EBITDA	707.79	685.75	734.02	668.17	595.02	579.68
EBITDA Margin	8.10%	8.24%	9.46%	7.82%	8.52%	10.02%
D&A For EBITDA	403.71	389.74	371.11	312.7	271.27	265.73
EBIT	304.08	296.01	362.91	355.47	323.75	313.94
EBIT Margin	3.48%	3.56%	4.68%	4.16%	4.64%	5.43%
Effective Tax Rate	24.46%	27.84%	23.80%	17.47%	8.35%	18.25%
Revenue as Reported	8,739	8,318	7,760	8,543	6,983	5,786

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