Ningxia Orient Tantalum Industry Co., Ltd. (SHE:000962)

SHE:000962 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	1,573	1,270	1,096	971.97	783.51	596.98
Other Revenue	10.82	10.82	11.58	14.25	11.22	79.46
Revenue	1,584	1,281	1,108	986.22	794.73	676.44
Revenue Growth (YoY)	29.60%	15.57%	12.35%	24.09%	17.49%	12.54%
Cost of Revenue	1,301	1,042	904.76	826.31	643.94	565.96
Gross Profit	282.63	238.53	203.3	159.9	150.8	110.48
Selling, General & Admin	95.81	87.36	79.97	75.32	78.87	74.01
Research & Development	18.82	25.98	38.66	42.62	33.04	18.78
Other Operating Expenses	-14.29	-4.02	6.36	2.61	6.38	9.67
Operating Expenses	102.04	111	121.44	119.65	118.31	97.45
Operating Income	180.59	127.53	81.86	40.25	32.49	13.03
Interest Expense	-0.66	-0.07	-2.05	-2.74	-2.06	-4.35
Interest & Investment Income	67.3	67.22	78.85	80.88	47.86	1.19
Earnings From Equity Investments	-	-	-	-	-	43.92
Currency Exchange Gain (Loss)	1.41	1.41	5.86	18.7	-5.4	-10.11
Other Non Operating Income (Expenses)	-0.66	-1.29	-1.43	-1.18	-0.73	-1.02
EBT Excluding Unusual Items	247.97	194.8	163.09	135.91	72.15	42.67
Gain (Loss) on Sale of Investments	-	-	-	-	-	-7.23
Gain (Loss) on Sale of Assets	3.99	3.96	17.23	25.26	0.04	-
Asset Writedown	-0.82	-0.08	-0.18	-2.21	-5.03	-9.85
Other Unusual Items	16.8	16.8	11.66	13.57	14.62	23.82
Pretax Income	267.94	215.49	191.8	172.54	81.78	49.41
Income Tax Expense	1.55	0.95	1.36	0.63	0.29	0.08
Earnings From Continuing Operations	266.39	214.54	190.44	171.9	81.48	49.33
Minority Interest in Earnings	-0.98	-1.31	-3.31	-1.35	-0.67	-0.02
Net Income	265.41	213.22	187.13	170.55	80.81	49.31
Net Income to Common	265.41	213.22	187.13	170.55	80.81	49.31
Net Income Growth	34.88%	13.94%	9.72%	111.05%	63.87%	19.80%
Shares Outstanding (Basic)	502	501	456	441	441	441
Shares Outstanding (Diluted)	503	502	458	441	441	441
Shares Change (YoY)	0.21%	9.49%	3.97%	0.04%	-0.01%	-0.00%
EPS (Basic)	0.53	0.43	0.41	0.39	0.18	0.11
EPS (Diluted)	0.53	0.42	0.41	0.39	0.18	0.11
EPS Growth	34.61%	4.07%	5.53%	110.96%	63.90%	19.81%
Free Cash Flow	-484.47	-279.71	-41.86	6.02	42.22	-8.52
Free Cash Flow Per Share	-0.96	-0.56	-0.09	0.01	0.10	-0.02
Dividend Per Share	0.127	0.132	-	-	-	-
Gross Margin	17.84%	18.63%	18.35%	16.21%	18.98%	16.33%
Operating Margin	11.40%	9.96%	7.39%	4.08%	4.09%	1.93%
Profit Margin	16.75%	16.65%	16.89%	17.29%	10.17%	7.29%
Free Cash Flow Margin	-30.58%	-21.84%	-3.78%	0.61%	5.31%	-1.26%
EBITDA	222.34	168.62	122.07	92.63	83.18	69.35
EBITDA Margin	14.04%	13.17%	11.02%	9.39%	10.47%	10.25%
D&A For EBITDA	41.76	41.09	40.2	52.38	50.69	56.32
EBIT	180.59	127.53	81.86	40.25	32.49	13.03
EBIT Margin	11.40%	9.96%	7.39%	4.08%	4.09%	1.93%
Effective Tax Rate	0.58%	0.44%	0.71%	0.37%	0.36%	0.15%
Revenue as Reported	1,584	1,281	1,108	986.22	794.73	676.44
Advertising Expenses	-	0.92	0.52	-	-	-

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