Xingtong Shipping Co., Ltd. (SHA:603209)

Xingtong Shipping 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
Revenue	1,536	1,515	1,237	784.77	566.86	386.42
Revenue Growth (YoY)	2.88%	22.43%	57.66%	38.44%	46.70%	32.36%
Cost of Revenue	1,085	969.42	825.95	458.05	274.44	185.79
Gross Profit	450.27	545.31	411.32	326.72	292.42	200.63
Selling, General & Admin	89.74	80.77	68.6	45.41	28.82	25.76
Research & Development	0.99	1.28	1.54	1.67	1.57	1.38
Other Operating Expenses	4.95	5.8	2.47	1.28	0.89	1.36
Operating Expenses	96.47	86.81	74.81	52.25	30.77	28.84
Operating Income	353.8	458.51	336.51	274.47	261.65	171.79
Interest Expense	-39.34	-40.61	-39.43	-15.78	-13.08	-8.37
Interest & Investment Income	11.56	12.03	15.58	15.56	3.45	2.43
Currency Exchange Gain (Loss)	6.72	6.72	-2.05	-2.66	-	-0.01
Other Non Operating Income (Expenses)	-1.12	-1.79	-0.92	-0.21	-0.01	-0.12
EBT Excluding Unusual Items	331.61	434.85	309.7	271.37	252.01	165.71
Gain (Loss) on Sale of Investments	5.16	3.72	1.61	2.47	-	-
Gain (Loss) on Sale of Assets	-2.11	10.87	-0	1.59	0.17	-
Asset Writedown	-	-	-	-0.01	-0	-
Other Unusual Items	0.58	0.58	20.88	0.9	13.97	0.66
Pretax Income	335.24	450.02	332.18	276.32	266.14	166.38
Income Tax Expense	64.11	93.36	71.21	70.08	67.06	42.88
Earnings From Continuing Operations	271.12	356.66	260.97	206.25	199.09	123.5
Minority Interest in Earnings	-4.96	-6.24	-8.77	-	-	-
Net Income	266.16	350.42	252.2	206.25	199.09	123.5
Net Income to Common	266.16	350.42	252.2	206.25	199.09	123.5
Net Income Growth	-23.53%	38.95%	22.28%	3.60%	61.21%	42.25%
Shares Outstanding (Basic)	297	280	280	261	210	188
Shares Outstanding (Diluted)	297	280	280	261	210	188
Shares Change (YoY)	7.56%	0.04%	7.33%	24.58%	11.51%	11.34%
EPS (Basic)	0.89	1.25	0.90	0.79	0.95	0.66
EPS (Diluted)	0.89	1.25	0.90	0.79	0.95	0.66
EPS Growth	-28.91%	38.89%	13.92%	-16.84%	44.57%	27.77%
Free Cash Flow	-232.53	-145.42	-480.86	-657.47	86.91	-389.01
Free Cash Flow Per Share	-0.78	-0.52	-1.72	-2.52	0.41	-2.07
Dividend Per Share	0.200	0.200	0.150	0.107	0.107	-
Dividend Growth	33.33%	33.33%	40.06%	-	-	-
Gross Margin	29.32%	36.00%	33.24%	41.63%	51.59%	51.92%
Operating Margin	23.04%	30.27%	27.20%	34.98%	46.16%	44.46%
Profit Margin	17.33%	23.13%	20.38%	26.28%	35.12%	31.96%
Free Cash Flow Margin	-15.14%	-9.60%	-38.87%	-83.78%	15.33%	-100.67%
EBITDA	573.51	644.93	478.55	334.14	307	191.9
EBITDA Margin	37.34%	42.58%	38.68%	42.58%	54.16%	49.66%
D&A For EBITDA	219.71	186.42	142.04	59.67	45.36	20.12
EBIT	353.8	458.51	336.51	274.47	261.65	171.79
EBIT Margin	23.04%	30.27%	27.20%	34.98%	46.16%	44.46%
Effective Tax Rate	19.13%	20.75%	21.44%	25.36%	25.20%	25.77%
Revenue as Reported	1,536	1,515	1,237	784.77	566.86	-
Advertising Expenses	-	-	-	0.18	0.04	0.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.