Liaoning Fu-An Heavy Industry Co.,Ltd (SHA:603315)

SHA:603315 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	1,237	1,235	1,015	1,044	947.42	881.99
Other Revenue	1.85	1.85	4.42	9.45	3.83	4.26
Revenue	1,239	1,237	1,020	1,054	951.25	886.25
Revenue Growth (YoY)	17.88%	21.36%	-3.26%	10.79%	7.33%	6.06%
Cost of Revenue	1,036	1,015	824.12	858.23	728.4	683.03
Gross Profit	203.03	222.23	195.41	195.69	222.85	203.22
Selling, General & Admin	79.48	79.69	54.81	46.25	44.73	37.75
Research & Development	24.71	35.57	24.39	26.27	26.23	21.75
Other Operating Expenses	-1.87	-1.02	2.43	4.71	7.29	-6.3
Operating Expenses	173.57	186.57	100.61	109.02	117.77	71.31
Operating Income	29.46	35.66	94.8	86.67	105.08	131.91
Interest Expense	-34.88	-33.16	-34.85	-30.62	-19.02	-15.53
Interest & Investment Income	102.91	80.51	21.22	3.68	3.1	4.02
Currency Exchange Gain (Loss)	4.77	4.77	2.31	1.03	-5.3	-6.57
Other Non Operating Income (Expenses)	-4.54	-4.71	-6.04	-1.21	-6.23	-3.92
EBT Excluding Unusual Items	97.73	83.07	77.45	59.55	77.62	109.9
Gain (Loss) on Sale of Investments	-	-	-	-20.06	-2.97	-
Gain (Loss) on Sale of Assets	0.5	0.49	-0.05	0.01	0.04	1.43
Asset Writedown	-2.69	-0.6	0.59	-0.2	1.44	-0.93
Other Unusual Items	0.55	0.53	-1.88	10.19	5.45	0.12
Pretax Income	96.09	83.49	76.11	49.49	81.57	110.53
Income Tax Expense	-3.07	-3.34	4.62	9.19	9.16	11.69
Earnings From Continuing Operations	99.16	86.82	71.48	40.3	72.41	98.84
Minority Interest in Earnings	0.88	0.72	0.32	0.01	2.59	0.38
Net Income	100.04	87.55	71.81	40.31	75	99.22
Net Income to Common	100.04	87.55	71.81	40.31	75	99.22
Net Income Growth	32.84%	21.92%	78.13%	-46.26%	-24.40%	-13.00%
Shares Outstanding (Basic)	310	309	307	307	307	308
Shares Outstanding (Diluted)	313	310	310	307	307	308
Shares Change (YoY)	0.85%	-0.00%	0.94%	-	-0.39%	0.38%
EPS (Basic)	0.32	0.28	0.23	0.13	0.24	0.32
EPS (Diluted)	0.32	0.28	0.23	0.13	0.24	0.32
EPS Growth	31.72%	21.93%	76.47%	-46.26%	-24.11%	-13.33%
Free Cash Flow	16.19	53.88	-118.42	3.49	-197.89	39.89
Free Cash Flow Per Share	0.05	0.17	-0.38	0.01	-0.65	0.13
Dividend Per Share	0.083	0.083	0.068	-	-	0.150
Dividend Growth	22.06%	22.06%	-	-	-	-9.09%
Gross Margin	16.38%	17.96%	19.17%	18.57%	23.43%	22.93%
Operating Margin	2.38%	2.88%	9.30%	8.22%	11.05%	14.88%
Profit Margin	8.07%	7.08%	7.04%	3.82%	7.89%	11.20%
Free Cash Flow Margin	1.31%	4.35%	-11.62%	0.33%	-20.80%	4.50%
EBITDA	89.54	95.15	151.93	143.82	158.43	183.86
EBITDA Margin	7.22%	7.69%	14.90%	13.65%	16.66%	20.75%
D&A For EBITDA	60.08	59.49	57.13	57.14	53.35	51.95
EBIT	29.46	35.66	94.8	86.67	105.08	131.91
EBIT Margin	2.38%	2.88%	9.30%	8.22%	11.05%	14.88%
Effective Tax Rate	-	-	6.08%	18.57%	11.23%	10.57%
Revenue as Reported	1,239	1,237	1,020	1,054	951.25	-

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.