Sinopec Oilfield Equipment Corporation (SHE:000852)

SHE:000852 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	6,607	6,871	7,463	7,154	6,421	5,848
Other Revenue	1,020	1,165	934.52	598.04	530.85	365.2
Revenue	7,627	8,037	8,398	7,752	6,951	6,213
Revenue Growth (YoY)	-4.90%	-4.30%	8.33%	11.52%	11.88%	-5.69%
Cost of Revenue	6,522	6,751	7,103	6,594	5,787	5,007
Gross Profit	1,104	1,286	1,295	1,158	1,164	1,207
Selling, General & Admin	672.33	723.26	751.21	682.97	665	640.28
Research & Development	307.11	372.61	375.6	310.59	276.26	385.04
Other Operating Expenses	24.62	7.27	37.92	45.46	39.19	26.28
Operating Expenses	992.06	1,121	1,144	1,041	1,008	1,056
Operating Income	112.43	164.96	151.23	117.15	156.43	151
Interest Expense	-92.93	-95.29	-96.77	-109.38	-122.8	-129.94
Interest & Investment Income	31.7	24.74	20.96	23.43	0.9	2.98
Currency Exchange Gain (Loss)	11.4	10.32	7.66	14.79	-8.05	-14.1
Other Non Operating Income (Expenses)	-8.33	0.4	1.74	5.7	-2.51	-6.08
EBT Excluding Unusual Items	54.27	105.13	84.81	51.69	23.97	3.86
Gain (Loss) on Sale of Investments	-	-	-	-	-7.88	-7.52
Gain (Loss) on Sale of Assets	0.16	1.81	6.14	2.37	0.75	1.61
Asset Writedown	-4.18	-3.83	-5.56	0.26	-	-
Other Unusual Items	38.85	24.42	34.77	21.92	43.36	48.93
Pretax Income	89.1	127.54	120.16	76.24	60.21	48.72
Income Tax Expense	10.04	5.54	11.41	8.1	0.34	18.06
Earnings From Continuing Operations	79.06	122	108.75	68.14	59.86	30.66
Minority Interest in Earnings	-19.84	-25.13	-16.79	-16.07	-15.33	-23.54
Net Income	59.21	96.88	91.96	52.07	44.53	7.12
Net Income to Common	59.21	96.88	91.96	52.07	44.53	7.12
Net Income Growth	-36.10%	5.34%	76.59%	16.93%	525.35%	-71.45%
Shares Outstanding (Basic)	941	941	941	899	777	774
Shares Outstanding (Diluted)	953	954	947	899	777	774
Shares Change (YoY)	0.25%	0.68%	5.30%	15.72%	0.40%	-0.40%
EPS (Basic)	0.06	0.10	0.10	0.06	0.06	0.01
EPS (Diluted)	0.06	0.10	0.10	0.06	0.06	0.01
EPS Growth	-36.26%	4.63%	67.70%	1.05%	522.83%	-71.34%
Free Cash Flow	4.01	-545.24	571.62	319.75	86.95	172.95
Free Cash Flow Per Share	0.00	-0.57	0.60	0.36	0.11	0.22
Gross Margin	14.48%	16.00%	15.42%	14.94%	16.74%	19.42%
Operating Margin	1.47%	2.05%	1.80%	1.51%	2.25%	2.43%
Profit Margin	0.78%	1.21%	1.09%	0.67%	0.64%	0.11%
Free Cash Flow Margin	0.05%	-6.78%	6.81%	4.13%	1.25%	2.78%
EBITDA	319.6	378.25	365.89	329.71	345.74	325.5
EBITDA Margin	4.19%	4.71%	4.36%	4.25%	4.97%	5.24%
D&A For EBITDA	207.16	213.29	214.67	212.56	189.31	174.5
EBIT	112.43	164.96	151.23	117.15	156.43	151
EBIT Margin	1.47%	2.05%	1.80%	1.51%	2.25%	2.43%
Effective Tax Rate	11.27%	4.34%	9.50%	10.63%	0.57%	37.06%
Revenue as Reported	7,627	8,037	8,398	7,752	6,951	6,213
Advertising Expenses	-	4.37	2.51	0.81	0.83	-

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