Guangdong Zhongnan Iron and Steel Co., Ltd. (SHE:000717)

SHE:000717 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	27,951	31,012	37,740	38,512	43,550	30,784
Other Revenue	164.01	164.01	1,274	841.93	1,933	771.65
Revenue	28,115	31,176	39,014	39,354	45,482	31,556
Revenue Growth (YoY)	-13.11%	-20.09%	-0.86%	-13.47%	44.13%	8.28%
Cost of Revenue	27,280	31,343	38,163	39,364	42,041	27,743
Gross Profit	835.38	-167.52	851.2	-9.77	3,442	3,813
Selling, General & Admin	368.78	356.26	379.6	396.83	379.71	355.5
Research & Development	534.45	620.77	768.97	818.63	648.51	1,072
Other Operating Expenses	-89.93	-113.46	-140.15	70.08	117.25	123.87
Operating Expenses	810.18	859.87	1,013	1,286	1,145	1,551
Operating Income	25.2	-1,027	-161.85	-1,296	2,296	2,262
Interest Expense	-96.49	-101.92	-84.58	-94.52	-47.74	-106.95
Interest & Investment Income	95.58	60.48	77.53	76.19	75.39	60.88
Currency Exchange Gain (Loss)	-85.26	-85.26	-34.17	-33.07	6.88	29.21
Other Non Operating Income (Expenses)	16.93	-3.13	-2.47	-5.42	-20.93	-8.02
EBT Excluding Unusual Items	-44.03	-1,157	-205.54	-1,353	2,310	2,237
Gain (Loss) on Sale of Investments	-4.43	-39.89	-34.05	-95.86	0.1	-18.72
Gain (Loss) on Sale of Assets	-6.36	0.91	184	25.86	0.1	0.21
Asset Writedown	-260.99	-50.64	-8.02	-134.3	-75.58	-22.58
Other Unusual Items	73.01	45.16	76.75	35.35	25.45	27.14
Pretax Income	-242.8	-1,202	13.14	-1,522	2,261	2,223
Income Tax Expense	177.49	2.16	-35.89	-239.2	339	362.09
Net Income	-420.29	-1,204	49.03	-1,283	1,922	1,861
Net Income to Common	-420.29	-1,204	49.03	-1,283	1,922	1,861
Net Income Growth	-	-	-	-	3.27%	2.07%
Shares Outstanding (Basic)	2,426	2,424	2,427	2,424	2,420	2,420
Shares Outstanding (Diluted)	2,426	2,424	2,427	2,424	2,441	2,420
Shares Change (YoY)	-0.08%	-0.14%	0.13%	-0.70%	0.88%	0.01%
EPS (Basic)	-0.17	-0.50	0.02	-0.53	0.79	0.77
EPS (Diluted)	-0.17	-0.50	0.02	-0.53	0.79	0.77
EPS Growth	-	-	-	-	2.37%	2.06%
Free Cash Flow	1,195	164.11	50.46	-366.78	1,578	1,645
Free Cash Flow Per Share	0.49	0.07	0.02	-0.15	0.65	0.68
Dividend Per Share	-	-	-	0.030	0.200	0.200
Dividend Growth	-	-	-	-85.00%	-	33.33%
Gross Margin	2.97%	-0.54%	2.18%	-0.03%	7.57%	12.08%
Operating Margin	0.09%	-3.29%	-0.41%	-3.29%	5.05%	7.17%
Profit Margin	-1.49%	-3.86%	0.13%	-3.26%	4.23%	5.90%
Free Cash Flow Margin	4.25%	0.53%	0.13%	-0.93%	3.47%	5.21%
EBITDA	1,288	234.86	1,100	-105.57	3,300	3,261
EBITDA Margin	4.58%	0.75%	2.82%	-0.27%	7.26%	10.33%
D&A For EBITDA	1,263	1,262	1,262	1,191	1,004	999.16
EBIT	25.2	-1,027	-161.85	-1,296	2,296	2,262
EBIT Margin	0.09%	-3.29%	-0.41%	-3.29%	5.05%	7.17%
Effective Tax Rate	-	-	-	-	14.99%	16.29%
Revenue as Reported	28,115	31,176	39,014	39,354	45,482	31,556

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