China Nerin Engineering Co., Ltd (SHA:603257)

United States Steel 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	2,440	2,473	2,863	2,610	1,998	1,660
Other Revenue	2.79	2.79	2.79	6.54	6.63	4.44
Revenue	2,442	2,476	2,866	2,617	2,005	1,664
Revenue Growth (YoY)	21.81%	-13.63%	9.53%	30.51%	20.49%	11.19%
Cost of Revenue	1,986	2,024	2,365	2,125	1,593	1,248
Gross Profit	456.74	451.7	501.04	491.48	412.45	415.77
Selling, General & Admin	165.4	166.24	172.26	163.32	142.81	142.63
Research & Development	106.68	108.07	107.62	94.58	78.44	79.33
Other Operating Expenses	5.43	6.46	9.78	11.63	8.6	10.2
Operating Expenses	317.11	315.68	355.86	294.78	243.7	255.68
Operating Income	139.63	136.02	145.18	196.7	168.75	160.09
Interest Expense	-1.68	-1.78	-1.87	-1.84	-1.7	-0.71
Interest & Investment Income	20.21	22.86	29.94	22.29	21.02	11.48
Currency Exchange Gain (Loss)	0.82	0.82	1.36	9.1	-2.23	0.01
Other Non Operating Income (Expenses)	-0.92	-0.56	-0.07	4.82	-0.16	-0.27
EBT Excluding Unusual Items	158.05	157.36	174.54	231.06	185.67	170.59
Gain (Loss) on Sale of Investments	0.68	-2.14	-15.86	-74.04	-10.51	-5.88
Gain (Loss) on Sale of Assets	0.02	0.02	1.2	0.11	0.1	0.04
Asset Writedown	3.79	-1.46	-0.74	-0.11	-0.06	-0.04
Other Unusual Items	6.25	6.29	6.93	21.82	5.05	6.4
Pretax Income	168.78	160.07	166.07	178.85	180.26	171.1
Income Tax Expense	9.61	9.09	15.57	29.18	22.9	23.7
Earnings From Continuing Operations	159.17	150.99	150.5	149.67	157.36	147.4
Minority Interest in Earnings	-1.8	1.03	-2.36	-1.53	-2.17	0.72
Net Income	157.36	152.02	148.13	148.14	155.19	148.12
Net Income to Common	157.36	152.02	148.13	148.14	155.19	148.12
Net Income Growth	1.40%	2.62%	-0.00%	-4.54%	4.77%	-17.21%
Shares Outstanding (Basic)	89	90	90	90	90	90
Shares Outstanding (Diluted)	89	90	90	90	90	90
Shares Change (YoY)	-0.92%	0.19%	-0.00%	-0.49%	0.51%	-0.15%
EPS (Basic)	1.76	1.69	1.65	1.65	1.72	1.65
EPS (Diluted)	1.76	1.69	1.65	1.65	1.72	1.65
EPS Growth	2.34%	2.42%	-	-4.07%	4.24%	-17.09%
Free Cash Flow	243.58	143.86	169.03	278.22	132.76	154.37
Free Cash Flow Per Share	2.73	1.60	1.88	3.10	1.47	1.72
Dividend Per Share	0.500	0.500	-	0.650	0.650	-
Gross Margin	18.70%	18.25%	17.48%	18.78%	20.57%	24.99%
Operating Margin	5.72%	5.49%	5.07%	7.52%	8.42%	9.62%
Profit Margin	6.44%	6.14%	5.17%	5.66%	7.74%	8.90%
Free Cash Flow Margin	9.97%	5.81%	5.90%	10.63%	6.62%	9.28%
EBITDA	155.78	154.1	171.01	219.56	189.53	180.11
EBITDA Margin	6.38%	6.22%	5.97%	8.39%	9.45%	10.82%
D&A For EBITDA	16.14	18.08	25.83	22.87	20.78	20.02
EBIT	139.63	136.02	145.18	196.7	168.75	160.09
EBIT Margin	5.72%	5.49%	5.07%	7.52%	8.42%	9.62%
Effective Tax Rate	5.70%	5.68%	9.38%	16.31%	12.70%	13.85%
Revenue as Reported	2,442	2,476	2,866	-	-	-

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