Inner Mongolia Shuangxin Environmental Protection Materials Co., Ltd. (SHE:001369)

SHE:001369 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,563	3,409	3,663	4,847	4,402	3,079
Other Revenue	-7.36	76.83	119.99	213.97	118.1	86.19
Revenue	3,556	3,486	3,783	5,061	4,520	3,166
Revenue Growth (YoY)	-21.33%	-7.85%	-25.25%	11.97%	42.79%	-5.25%
Cost of Revenue	2,952	2,715	2,962	3,813	3,246	2,468
Gross Profit	603.68	771.38	820.96	1,249	1,274	697.93
Selling, General & Admin	6.72	122.47	123.3	172.32	155.67	123.65
Research & Development	0.36	112.14	120.64	101.71	101.74	83.92
Other Operating Expenses	28.51	6.56	5.57	38.29	33.94	30.28
Operating Expenses	36.03	241.63	250.18	311.75	291.4	237.91
Operating Income	567.65	529.75	570.77	937	982.23	460.02
Interest Expense	-	-0.58	-0.68	-20.32	-57.97	-114.27
Interest & Investment Income	4.91	22.68	13.65	12.18	8.61	76.51
Currency Exchange Gain (Loss)	-1.82	4.23	2.98	10.99	1.12	-2.17
Other Non Operating Income (Expenses)	-63.62	0.72	21.79	-5.44	1.3	27.47
EBT Excluding Unusual Items	507.12	556.8	608.52	934.41	935.29	447.55
Gain (Loss) on Sale of Investments	0.49	0.31	-4.41	-2.83	-6.96	-0.68
Gain (Loss) on Sale of Assets	0.15	-0.12	0.21	-	-32.74	1.48
Asset Writedown	-0.23	-2.61	-8.3	-11.81	-15.16	-6.35
Other Unusual Items	18.47	37.05	36.74	12.23	17.44	1.94
Pretax Income	526	591.43	632.77	932.01	897.86	443.94
Income Tax Expense	-3.27	70.44	75.06	125.01	117.6	62.09
Earnings From Continuing Operations	529.27	521	557.71	807	780.26	381.85
Minority Interest in Earnings	0.06	0.38	0.81	1.39	0.93	-
Net Income	529.33	521.37	558.52	808.39	781.2	381.85
Net Income to Common	529.33	521.37	558.52	808.39	781.2	381.85
Net Income Growth	-32.24%	-6.65%	-30.91%	3.48%	104.58%	50.50%
Shares Outstanding (Basic)	860	855	859	860	860	860
Shares Outstanding (Diluted)	860	855	859	860	860	860
Shares Change (YoY)	-	-0.53%	-0.09%	-0.00%	-	1.68%
EPS (Basic)	0.62	0.61	0.65	0.94	0.91	0.44
EPS (Diluted)	0.62	0.61	0.65	0.94	0.91	0.44
EPS Growth	-32.24%	-6.15%	-30.85%	3.48%	106.45%	46.67%
Free Cash Flow	-3.84	94.72	150.63	593.68	467.83	230.19
Free Cash Flow Per Share	-0.00	0.11	0.17	0.69	0.54	0.27
Gross Margin	16.98%	22.13%	21.70%	24.67%	28.18%	22.05%
Operating Margin	15.96%	15.20%	15.09%	18.51%	21.73%	14.53%
Profit Margin	14.89%	14.95%	14.76%	15.97%	17.28%	12.06%
Free Cash Flow Margin	-0.11%	2.72%	3.98%	11.73%	10.35%	7.27%
EBITDA	844.15	797.93	824.27	1,188	1,225	695.67
EBITDA Margin	23.74%	22.89%	21.79%	23.47%	27.09%	21.98%
D&A For EBITDA	276.5	268.18	253.49	251.1	242.42	235.65
EBIT	567.65	529.75	570.77	937	982.23	460.02
EBIT Margin	15.96%	15.20%	15.09%	18.51%	21.73%	14.53%
Effective Tax Rate	-	11.91%	11.86%	13.41%	13.10%	13.98%
Revenue as Reported	69.67	3,486	3,783	5,061	4,520	3,166

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