Shuifa Energas Gas Co., Ltd. (SHA:603318)

Shuifa Energas Gas 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	2,537	2,574	3,232	3,420	2,602	1,131
Other Revenue	16.01	16.01	31.34	44.61	6.13	2.21
Revenue	2,553	2,590	3,263	3,465	2,608	1,133
Revenue Growth (YoY)	-17.34%	-20.63%	-5.82%	32.86%	130.15%	250.15%
Cost of Revenue	2,125	2,139	2,764	2,943	2,334	1,009
Gross Profit	427.91	451.21	499.5	522.21	273.62	124.02
Selling, General & Admin	147.91	148.8	150.18	155.76	82.19	69.57
Research & Development	13.04	14.54	14.63	15.89	12.79	11.14
Other Operating Expenses	6.99	6.65	5.98	10.67	9.71	4.47
Operating Expenses	186.15	194.57	198.98	221.4	106.92	43.39
Operating Income	241.75	256.64	300.52	300.81	166.7	80.63
Interest Expense	-86.16	-86.8	-90.47	-100.68	-63.45	-33.88
Interest & Investment Income	104.21	100.19	32.49	27.73	19.65	2.83
Currency Exchange Gain (Loss)	1.18	1.18	4.62	3.39	-3.3	-4.4
Other Non Operating Income (Expenses)	-18.68	-18.6	-2.86	0.51	-1.47	2.7
EBT Excluding Unusual Items	242.3	252.61	244.3	231.76	118.13	47.88
Impairment of Goodwill	-21.71	-21.71	-7.97	-3.73	-	-4.63
Gain (Loss) on Sale of Investments	-	-	-	-	-0.11	-0.72
Gain (Loss) on Sale of Assets	-1.67	-1.92	-0.45	0.08	-0.65	-0.06
Asset Writedown	-3.51	-	-17.56	-	-	-
Legal Settlements	-	-	-	-9.74	-	-
Other Unusual Items	-1.89	-1.97	0.33	4.45	3.17	3.68
Pretax Income	213.51	227.01	218.66	222.83	120.53	46.15
Income Tax Expense	58.58	60.76	67.03	78.18	44.08	14.84
Earnings From Continuing Operations	154.93	166.25	151.63	144.65	76.45	31.31
Minority Interest in Earnings	-62.2	-63.61	-71.09	-91.13	-35.23	-7.39
Net Income	92.72	102.65	80.53	53.51	41.22	23.92
Net Income to Common	92.72	102.65	80.53	53.51	41.22	23.92
Net Income Growth	1.59%	27.46%	50.50%	29.83%	72.30%	-
Shares Outstanding (Basic)	465	467	474	382	375	399
Shares Outstanding (Diluted)	465	467	474	382	375	399
Shares Change (YoY)	-3.29%	-1.51%	23.94%	2.01%	-6.02%	-0.41%
EPS (Basic)	0.20	0.22	0.17	0.14	0.11	0.06
EPS (Diluted)	0.20	0.22	0.17	0.14	0.11	0.06
EPS Growth	5.05%	29.41%	21.43%	27.27%	83.33%	-
Free Cash Flow	301.17	212.78	120.99	248	140.66	156.84
Free Cash Flow Per Share	0.65	0.46	0.26	0.65	0.38	0.39
Dividend Per Share	0.068	0.068	0.059	0.030	0.025	0.020
Dividend Growth	15.25%	15.25%	96.67%	20.00%	25.00%	-
Gross Margin	16.76%	17.42%	15.31%	15.07%	10.49%	10.95%
Operating Margin	9.47%	9.91%	9.21%	8.68%	6.39%	7.12%
Profit Margin	3.63%	3.96%	2.47%	1.54%	1.58%	2.11%
Free Cash Flow Margin	11.80%	8.21%	3.71%	7.16%	5.39%	13.84%
EBITDA	353.84	367	403.95	395.04	222.69	124.89
EBITDA Margin	13.86%	14.17%	12.38%	11.40%	8.54%	11.02%
D&A For EBITDA	112.09	110.36	103.43	94.22	55.99	44.26
EBIT	241.75	256.64	300.52	300.81	166.7	80.63
EBIT Margin	9.47%	9.91%	9.21%	8.68%	6.39%	7.12%
Effective Tax Rate	27.44%	26.76%	30.66%	35.09%	36.58%	32.15%
Revenue as Reported	2,553	2,590	3,263	3,465	2,608	1,133
Advertising Expenses	-	0.16	0.51	0.12	0.51	0.2

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