Qinghai Salt Lake Industry Co.,Ltd (SHE:000792)

SHE:000792 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	14,944	21,375	30,590	14,718	14,003
Other Revenue	189.63	203.95	149.1	-	-
Revenue	15,134	21,579	30,739	14,718	14,003
Revenue Growth (YoY)	-29.87%	-29.80%	108.86%	5.11%	-21.48%
Cost of Revenue	7,399	9,591	6,519	5,513	7,744
Gross Profit	7,735	11,987	24,220	9,204	6,258
Selling, General & Admin	1,133	808.23	1,102	910.72	822.38
Research & Development	188.93	131.11	256.48	125.64	73.47
Other Operating Expenses	1,210	1,189	1,544	892.54	816.61
Operating Expenses	2,391	2,084	2,756	2,565	1,842
Operating Income	5,344	9,903	21,464	6,639	4,416
Interest Expense	-134.8	-215.38	-286.58	-289.77	-405.01
Interest & Investment Income	584.92	477.53	237.32	1,512	248.01
Currency Exchange Gain (Loss)	0.19	0.05	0.16	-0.47	0.12
Other Non Operating Income (Expenses)	7.66	39.4	27.01	-444.84	-236.26
EBT Excluding Unusual Items	5,802	10,205	21,442	7,416	4,023
Merger & Restructuring Charges	-	-	-	-	-159.66
Gain (Loss) on Sale of Investments	27.77	82.75	11.78	-715.71	-60
Gain (Loss) on Sale of Assets	1.14	0.09	1.68	1.82	-12.54
Asset Writedown	-43.25	-18.65	-79.07	-141.29	-110.45
Other Unusual Items	-30.33	377.39	-21	-634.02	-197.34
Pretax Income	5,757	10,647	21,356	5,927	3,483
Income Tax Expense	843.31	1,281	1,676	117.47	868.42
Earnings From Continuing Operations	4,914	9,366	19,680	5,809	2,615
Earnings From Discontinued Operations	-	-	-	-621.63	-672.84
Net Income to Company	4,914	9,366	19,680	5,188	1,942
Minority Interest in Earnings	-250.84	-1,452	-4,112	-709.24	97.64
Net Income	4,663	7,914	15,568	4,478	2,040
Net Income to Common	4,663	7,914	15,568	4,478	2,040
Net Income Growth	-41.08%	-49.17%	247.63%	119.58%	-
Shares Outstanding (Basic)	5,292	5,318	5,310	5,266	5,551
Shares Outstanding (Diluted)	5,292	5,318	5,310	5,266	5,551
Shares Change (YoY)	-0.49%	0.15%	0.85%	-5.15%	99.25%
EPS (Basic)	0.88	1.49	2.93	0.85	0.37
EPS (Diluted)	0.88	1.49	2.93	0.85	0.37
EPS Growth	-40.78%	-49.24%	244.72%	131.50%	-
Free Cash Flow	6,597	11,162	16,786	3,961	-989.49
Free Cash Flow Per Share	1.25	2.10	3.16	0.75	-0.18
Gross Margin	51.11%	55.55%	78.79%	62.54%	44.69%
Operating Margin	35.31%	45.90%	69.83%	45.11%	31.54%
Profit Margin	30.81%	36.67%	50.65%	30.43%	14.56%
Free Cash Flow Margin	43.59%	51.73%	54.61%	26.91%	-7.07%
EBITDA	6,151	10,667	22,165	7,363	5,027
EBITDA Margin	40.64%	49.43%	72.10%	50.03%	35.90%
D&A For EBITDA	806.97	763.54	700.16	723.64	611.17
EBIT	5,344	9,903	21,464	6,639	4,416
EBIT Margin	35.31%	45.90%	69.83%	45.11%	31.54%
Effective Tax Rate	14.65%	12.03%	7.85%	1.98%	24.93%
Revenue as Reported	15,134	21,579	30,739	14,778	14,016
Advertising Expenses	3.88	4.1	0.5	3.02	3.68

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.