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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	11,088	10,502	9,941	8,818	8,369	8,158
Other Revenue	765.17	765.17	740.38	647.46	475.32	300.08
Revenue	11,853	11,267	10,682	9,466	8,844	8,458
Revenue Growth (YoY)	8.83%	5.48%	12.85%	7.03%	4.57%	-2.19%
Cost of Revenue	10,966	10,315	9,797	8,863	8,259	7,841
Gross Profit	886.83	952.24	884.66	602.89	584.91	617.02
Selling, General & Admin	243.78	231.99	217.74	194.04	169.92	145.84
Research & Development	5.72	7.06	3.04	-	-	-
Other Operating Expenses	33.71	20.74	19.69	10.27	13.14	12.63
Operating Expenses	284.63	259.79	240.42	204.34	183.08	158.46
Operating Income	602.2	692.45	644.24	398.55	401.83	458.56
Interest Expense	-7.59	-11.73	-16.73	-17.53	-19.95	-
Interest & Investment Income	66.79	83.7	112.53	113.56	117.34	39.95
Earnings From Equity Investments	22.76	27.88	39.41	31.28	28.82	-
Other Non Operating Income (Expenses)	-36.13	0.06	-2.11	-1	-0.09	0.18
EBT Excluding Unusual Items	648.03	792.36	777.34	524.86	527.95	498.69
Gain (Loss) on Sale of Assets	13.36	2.55	0.28	0.47	0.28	1.92
Asset Writedown	70.96	70.96	3.15	23.16	4.95	-21
Other Unusual Items	13.79	13.38	18.71	15.06	-3.22	5.94
Pretax Income	746.14	879.25	799.48	563.55	529.96	485.54
Income Tax Expense	179.38	212.38	172.47	145.39	139.22	132.57
Net Income	566.76	666.86	627.01	418.17	390.74	352.97
Net Income to Common	566.76	666.86	627.01	418.17	390.74	352.97
Net Income Growth	-7.20%	6.36%	49.94%	7.02%	10.70%	-37.85%
Shares Outstanding (Basic)	3,740	4,446	4,479	4,646	4,342	3,922
Shares Outstanding (Diluted)	3,740	4,446	4,479	4,646	4,342	3,922
Shares Change (YoY)	-26.92%	-0.73%	-3.61%	7.02%	10.70%	-3.32%
EPS (Basic)	0.15	0.15	0.14	0.09	0.09	0.09
EPS (Diluted)	0.15	0.15	0.14	0.09	0.09	0.09
EPS Growth	26.98%	7.14%	55.56%	-	-	-35.71%
Free Cash Flow	-1,457	-504.49	592.95	155.38	114.53	950.8
Free Cash Flow Per Share	-0.39	-0.11	0.13	0.03	0.03	0.24
Dividend Per Share	0.061	0.061	0.058	0.037	0.023	-
Dividend Growth	5.17%	5.17%	56.76%	58.80%	-	-
Gross Margin	7.48%	8.45%	8.28%	6.37%	6.61%	7.29%
Operating Margin	5.08%	6.15%	6.03%	4.21%	4.54%	5.42%
Profit Margin	4.78%	5.92%	5.87%	4.42%	4.42%	4.17%
Free Cash Flow Margin	-12.29%	-4.48%	5.55%	1.64%	1.29%	11.24%
EBITDA	1,323	1,384	1,297	1,017	999.59	1,037
EBITDA Margin	11.16%	12.28%	12.14%	10.75%	11.30%	12.26%
D&A For EBITDA	720.81	691.53	652.5	618.49	597.77	578.63
EBIT	602.2	692.45	644.24	398.55	401.83	458.56
EBIT Margin	5.08%	6.15%	6.03%	4.21%	4.54%	5.42%
Effective Tax Rate	24.04%	24.15%	21.57%	25.80%	26.27%	27.30%
Revenue as Reported	11,853	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.