NORINCO International Cooperation Ltd. (SHE:000065)
China · Delayed Price · Currency is CNY 14.56
-0.43 (-2.87%)
Apr 10, 2026, 3:04 PM CST
SHE:000065 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 |
Operating Revenue | 13,554 | 19,080 | 21,400 | 13,376 | 13,016 |
Other Revenue | - | - | 88.19 | 57.75 | 34.14 |
| 13,554 | 19,080 | 21,488 | 13,433 | 13,050 | |
Revenue Growth (YoY) | -28.96% | -11.21% | 59.96% | 2.94% | 1.55% |
Cost of Revenue | 11,618 | 16,634 | 19,270 | 11,607 | 11,655 |
Gross Profit | 1,936 | 2,446 | 2,218 | 1,826 | 1,395 |
Selling, General & Admin | 856.75 | 866.74 | 801.19 | 660.62 | 594.85 |
Research & Development | 72.6 | 67.22 | 66.4 | 20.23 | 16.08 |
Other Operating Expenses | 12.17 | 1.87 | 21.95 | 17.43 | 15.69 |
Operating Expenses | 941.52 | 935.83 | 1,137 | 870.15 | 588.83 |
Operating Income | 993.99 | 1,510 | 1,081 | 956.01 | 805.81 |
Interest Expense | - | - | -227.88 | -184.08 | -169.19 |
Interest & Investment Income | 29.05 | - | 193.7 | 160.94 | 287.58 |
Currency Exchange Gain (Loss) | - | - | 219.68 | 396.24 | -146.68 |
Other Non Operating Income (Expenses) | -54.65 | -255.83 | -144.77 | -206.15 | -50.33 |
EBT Excluding Unusual Items | 968.39 | 1,255 | 1,122 | 1,123 | 727.19 |
Gain (Loss) on Sale of Investments | 0.73 | -5.16 | -34.24 | -178.19 | 75.69 |
Gain (Loss) on Sale of Assets | -0.74 | -0.09 | 1.9 | 0.24 | 0.1 |
Asset Writedown | -35.4 | -87.85 | -0.06 | -0.76 | -0.47 |
Legal Settlements | - | - | - | -2.1 | -1.36 |
Other Unusual Items | - | - | 24.89 | 23.37 | 5.89 |
Pretax Income | 932.98 | 1,162 | 1,114 | 965.53 | 807.04 |
Income Tax Expense | 206.57 | 135.58 | 160.34 | 162.03 | 129.99 |
Earnings From Continuing Operations | 726.41 | 1,026 | 953.69 | 803.5 | 677.05 |
Minority Interest in Earnings | -3.1 | 23.59 | -35.63 | -167.34 | -53.35 |
Net Income | 723.31 | 1,050 | 918.06 | 636.16 | 623.71 |
Net Income to Common | 723.31 | 1,050 | 918.06 | 636.16 | 623.71 |
Net Income Growth | -31.08% | 14.32% | 44.31% | 2.00% | -16.99% |
Shares Outstanding (Basic) | 1,064 | 1,000 | 1,002 | 955 | 859 |
Shares Outstanding (Diluted) | 1,064 | 1,039 | 1,071 | 1,024 | 930 |
Shares Change (YoY) | 2.37% | -2.95% | 4.61% | 10.03% | 11.43% |
EPS (Basic) | 0.68 | 1.05 | 0.92 | 0.67 | 0.73 |
EPS (Diluted) | 0.68 | 1.01 | 0.88 | 0.65 | 0.70 |
EPS Growth | -32.67% | 14.61% | 35.86% | -7.11% | -22.41% |
Free Cash Flow | 550.2 | 469.1 | 514.9 | 419.26 | 798.49 |
Free Cash Flow Per Share | 0.52 | 0.45 | 0.48 | 0.41 | 0.86 |
Dividend Per Share | - | 0.148 | 0.092 | 0.063 | 0.062 |
Dividend Growth | - | 60.76% | 44.91% | 1.96% | -36.05% |
Gross Margin | 14.28% | 12.82% | 10.32% | 13.59% | 10.69% |
Operating Margin | 7.33% | 7.92% | 5.03% | 7.12% | 6.17% |
Profit Margin | 5.34% | 5.50% | 4.27% | 4.74% | 4.78% |
Free Cash Flow Margin | 4.06% | 2.46% | 2.40% | 3.12% | 6.12% |
EBITDA | 1,386 | 1,833 | 1,330 | 1,191 | 942.7 |
EBITDA Margin | 10.22% | 9.61% | 6.19% | 8.86% | 7.22% |
D&A For EBITDA | 391.65 | 322.77 | 249.28 | 234.7 | 136.89 |
EBIT | 993.99 | 1,510 | 1,081 | 956.01 | 805.81 |
EBIT Margin | 7.33% | 7.92% | 5.03% | 7.12% | 6.17% |
Effective Tax Rate | 22.14% | 11.67% | 14.39% | 16.78% | 16.11% |
Revenue as Reported | - | - | 21,488 | 13,433 | 13,050 |
Advertising Expenses | - | - | 5.73 | 4.66 | 3.94 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.