China Railway Special Cargo Logistics Co., Ltd. (SHE:001213)

SHE:001213 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	10,835	10,502	9,941	8,818	8,369	8,158
Other Revenue	747.83	765.17	740.38	647.46	475.32	300.08
Revenue	11,582	11,267	10,682	9,466	8,844	8,458
Revenue Growth (YoY)	6.11%	5.48%	12.85%	7.03%	4.57%	-2.19%
Cost of Revenue	10,721	10,315	9,797	8,863	8,259	7,841
Gross Profit	861.25	952.24	884.66	602.89	584.91	617.02
Selling, General & Admin	235.94	231.99	217.74	194.04	169.92	145.84
Research & Development	5.91	7.06	3.04	-	-	-
Other Operating Expenses	32.46	20.74	19.69	10.27	13.14	12.63
Operating Expenses	274.32	259.79	240.42	204.34	183.08	158.46
Operating Income	586.93	692.45	644.24	398.55	401.83	458.56
Interest Expense	-8.87	-11.73	-16.73	-17.53	-19.95	-
Interest & Investment Income	70.4	83.7	112.53	113.56	117.34	39.95
Earnings From Equity Investments	24.04	27.88	39.41	31.28	28.82	-
Other Non Operating Income (Expenses)	-1.57	0.06	-2.11	-1	-0.09	0.18
EBT Excluding Unusual Items	670.93	792.36	777.34	524.86	527.95	498.69
Gain (Loss) on Sale of Assets	2.56	2.55	0.28	0.47	0.28	1.92
Asset Writedown	46.37	70.96	3.15	23.16	4.95	-21
Other Unusual Items	12.62	13.38	18.71	15.06	-3.22	5.94
Pretax Income	732.48	879.25	799.48	563.55	529.96	485.54
Income Tax Expense	179.69	212.38	172.47	145.39	139.22	132.57
Net Income	552.79	666.86	627.01	418.17	390.74	352.97
Net Income to Common	552.79	666.86	627.01	418.17	390.74	352.97
Net Income Growth	-25.60%	6.36%	49.94%	7.02%	10.70%	-37.85%
Shares Outstanding (Basic)	4,298	4,446	4,479	4,646	4,342	3,922
Shares Outstanding (Diluted)	4,298	4,446	4,479	4,646	4,342	3,922
Shares Change (YoY)	-7.34%	-0.73%	-3.61%	7.02%	10.70%	-3.32%
EPS (Basic)	0.13	0.15	0.14	0.09	0.09	0.09
EPS (Diluted)	0.13	0.15	0.14	0.09	0.09	0.09
EPS Growth	-19.70%	7.14%	55.56%	-	-	-35.71%
Free Cash Flow	-240.38	-504.49	592.95	155.38	114.53	950.8
Free Cash Flow Per Share	-0.06	-0.11	0.13	0.03	0.03	0.24
Dividend Per Share	0.081	0.061	0.058	0.037	0.023	-
Dividend Growth	39.66%	5.17%	56.76%	58.80%	-	-
Gross Margin	7.44%	8.45%	8.28%	6.37%	6.61%	7.29%
Operating Margin	5.07%	6.15%	6.03%	4.21%	4.54%	5.42%
Profit Margin	4.77%	5.92%	5.87%	4.42%	4.42%	4.17%
Free Cash Flow Margin	-2.08%	-4.48%	5.55%	1.64%	1.29%	11.24%
EBITDA	1,287	1,384	1,297	1,017	999.59	1,037
EBITDA Margin	11.12%	12.28%	12.14%	10.75%	11.30%	12.26%
D&A For EBITDA	700.54	691.53	652.5	618.49	597.77	578.63
EBIT	586.93	692.45	644.24	398.55	401.83	458.56
EBIT Margin	5.07%	6.15%	6.03%	4.21%	4.54%	5.42%
Effective Tax Rate	24.53%	24.15%	21.57%	25.80%	26.27%	27.30%
Revenue as Reported	11,582	11,267	10,682	9,466	8,844	8,458
Advertising Expenses	-	1.8	1.83	0.72	0.54	1.45

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