China Rare Earth Resources And Technology Co., Ltd. (SHE: 000831)

China Rare Earth Resources And Technology Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,376	3,975	4,210	2,973	1,654	1,618
Other Revenue	12.97	12.97	5.93	-	2.32	29.67
Revenue	2,389	3,988	4,216	2,973	1,656	1,647
Revenue Growth (YoY)	-48.06%	-5.40%	41.79%	79.50%	0.56%	78.12%
Cost of Revenue	2,096	3,226	2,966	2,622	1,395	1,469
Gross Profit	293.2	762.26	1,250	351.61	261.21	177.89
Selling, General & Admin	86.71	82.55	78.1	51.43	13.15	66.53
Research & Development	53.12	40	24.73	15.45	13.22	11.32
Other Operating Expenses	97.56	112.92	131.74	4.17	8.66	6.02
Operating Expenses	234.11	238.09	234.2	71.42	32.68	81.02
Operating Income	59.09	524.17	1,015	280.19	228.53	96.87
Interest Expense	-3.51	-5.18	-28.67	-41.5	-7.1	-5.03
Interest & Investment Income	21.16	19.45	16.93	11.92	2.24	2.86
Other Non Operating Income (Expenses)	-0.02	-0.23	2.97	3.98	-8.47	-0.07
EBT Excluding Unusual Items	76.72	538.21	1,007	254.59	215.2	94.62
Gain (Loss) on Sale of Investments	0.75	-	-4.58	-	-	-4.09
Gain (Loss) on Sale of Assets	-0.05	-0.48	0.21	1.73	72.68	0.26
Asset Writedown	-210.95	-	-5.24	-	-	-
Other Unusual Items	22.93	11.77	5.71	0.18	23.7	14.61
Pretax Income	-110.6	549.5	1,003	256.51	311.59	105.4
Income Tax Expense	-26.81	110.07	204.45	50.05	25.3	11.27
Earnings From Continuing Operations	-83.79	439.43	798.31	206.46	286.28	94.13
Minority Interest in Earnings	-13.17	-21.76	-29.68	-11.05	-7.3	-8.23
Net Income	-96.96	417.67	768.63	195.41	278.98	85.89
Net Income to Common	-96.96	417.67	768.63	195.41	278.98	85.89
Net Income Growth	-	-45.66%	293.35%	-29.96%	224.80%	-15.61%
Shares Outstanding (Basic)	1,048	988	981	981	981	981
Shares Outstanding (Diluted)	1,048	988	981	981	981	981
Shares Change (YoY)	6.83%	0.69%	-0.01%	-0.00%	0.04%	-0.00%
EPS (Basic)	-0.09	0.42	0.78	0.20	0.28	0.09
EPS (Diluted)	-0.09	0.42	0.78	0.20	0.28	0.09
EPS Growth	-	-46.03%	293.37%	-29.96%	224.66%	-15.61%
Free Cash Flow	-615.19	265.56	1,487	-773.13	-121.94	-117.14
Free Cash Flow Per Share	-0.59	0.27	1.52	-0.79	-0.12	-0.12
Dividend Per Share	0.080	0.080	0.040	-	0.090	-
Dividend Growth	100.00%	100.00%	-	-	-	-
Gross Margin	12.27%	19.11%	29.64%	11.83%	15.77%	10.80%
Operating Margin	2.47%	13.14%	24.08%	9.42%	13.80%	5.88%
Profit Margin	-4.06%	10.47%	18.23%	6.57%	16.84%	5.21%
Free Cash Flow Margin	-25.75%	6.66%	35.28%	-26.00%	-7.36%	-7.11%
EBITDA	123.35	583.77	1,069	290.01	240.2	113.27
EBITDA Margin	5.16%	14.64%	25.35%	9.75%	14.50%	6.88%
D&A For EBITDA	64.26	59.6	53.38	9.83	11.67	16.4
EBIT	59.09	524.17	1,015	280.19	228.53	96.87
EBIT Margin	2.47%	13.14%	24.08%	9.42%	13.80%	5.88%
Effective Tax Rate	-	20.03%	20.39%	19.51%	8.12%	10.69%
Revenue as Reported	2,389	3,988	4,216	2,973	1,656	1,647

Source: S&P Capital IQ. Standard template. Financial Sources.