SPIC Industry-Finance Holdings Co., Ltd. (SHE:000958)

SHE:000958 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	5,473	5,594	5,899	5,809	7,491	11,351
Other Revenue	167.5	150.84	177.64	304.85	1,380	2,012
Revenue	5,640	5,745	6,077	6,113	8,871	13,363
Revenue Growth (YoY)	-4.89%	-5.47%	-0.60%	-31.09%	-33.61%	16.19%
Selling, General & Admin	673.58	632.19	648.52	687.6	791.92	781.18
Provision for Bad Debts	3.6	0.25	-6.59	17.74	0.15	2.09
Other Operating Expenses	3,367	3,436	3,762	3,720	5,651	9,152
Total Operating Expenses	3,848	3,884	4,496	4,449	6,524	10,130
Operating Income	1,793	1,860	1,581	1,665	2,347	3,233
Interest Expense	-381.09	-406.86	-431.12	-602.44	-716.99	-704
Interest Income	414.29	413.19	969.09	735.92	1,058	685.05
Net Interest Expense	33.2	6.33	537.97	133.48	341.47	-18.95
Currency Exchange Gain (Loss)	0.07	0.2	0.02	0.05	-1.31	-3.53
Other Non-Operating Income (Expenses)	13.2	20.14	-78	-54.73	-67.31	-46.3
EBT Excluding Unusual Items	1,839	1,887	2,041	1,743	2,620	3,164
Gain (Loss) on Sale of Investments	-344.58	-265.79	-72.8	438.42	167.23	350.54
Gain (Loss) on Sale of Assets	0.01	0.24	0.32	1.22	4.85	-0.02
Asset Writedown	-3.46	-3.15	-72.1	-272.46	-11.32	-14.17
Other Unusual Items	94.9	87.99	22.57	21.43	-12.32	69.53
Pretax Income	1,586	1,706	1,919	1,932	2,768	3,570
Income Tax Expense	361.31	343.43	356.67	452.86	556.2	841.36
Earnings From Continuing Ops.	1,225	1,363	1,562	1,479	2,212	2,729
Minority Interest in Earnings	-251.76	-318.93	-291.53	-477.79	-904.71	-1,458
Net Income	972.89	1,044	1,270	1,001	1,307	1,271
Net Income to Common	972.89	1,044	1,270	1,001	1,307	1,271
Net Income Growth	-19.57%	-17.82%	26.86%	-23.41%	2.88%	-4.71%
Shares Outstanding (Basic)	5,383	5,383	5,383	5,383	5,383	5,383
Shares Outstanding (Diluted)	5,383	5,383	5,383	5,383	5,383	5,383
Shares Change (YoY)	-	-	-	-	0.01%	-0.01%
EPS (Basic)	0.18	0.19	0.24	0.19	0.24	0.24
EPS (Diluted)	0.18	0.19	0.24	0.19	0.24	0.24
EPS Growth	-19.58%	-17.83%	26.87%	-23.41%	2.86%	-4.70%
Free Cash Flow	937.38	1,818	-490.93	3,076	-6,441	-1,324
Free Cash Flow Per Share	0.17	0.34	-0.09	0.57	-1.20	-0.25
Dividend Per Share	0.069	0.069	0.063	0.120	-	0.060
Dividend Growth	9.52%	9.52%	-47.50%	-	-	500.00%
Profit Margin	17.25%	18.17%	20.91%	16.38%	14.74%	9.51%
Free Cash Flow Margin	16.62%	31.65%	-8.08%	50.31%	-72.61%	-9.91%
EBITDA	2,635	2,723	2,461	2,537	3,076	3,793
EBITDA Margin	46.71%	47.41%	40.49%	41.50%	34.68%	28.38%
D&A For EBITDA	841.9	863.02	880.17	872.37	729.31	559.84
EBIT	1,793	1,860	1,581	1,665	2,347	3,233
EBIT Margin	31.78%	32.39%	26.01%	27.23%	26.46%	24.19%
Effective Tax Rate	22.78%	20.13%	18.59%	23.44%	20.09%	23.57%
Revenue as Reported	5,640	5,745	6,077	6,113	8,871	13,363

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