Shandong Humon Smelting Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	93,989	75,705	65,281	49,986	41,274	35,597
Other Revenue	95.53	95.53	295.64	60.82	108.85	455.88
Revenue	94,084	75,801	65,577	50,047	41,383	36,053
Revenue Growth (YoY)	28.81%	15.59%	31.03%	20.94%	14.78%	26.34%
Cost of Revenue	92,329	74,084	63,880	48,246	39,376	34,530
Gross Profit	1,755	1,716	1,697	1,801	2,006	1,523
Selling, General & Admin	618.47	598.81	564.72	500.33	661.64	498.86
Research & Development	192.38	203.18	176.92	143.38	135.34	103.62
Other Operating Expenses	146.92	87.77	77.3	106.47	96.89	42.28
Operating Expenses	979.6	905.14	822.85	762.34	902.29	659.48
Operating Income	775.74	811.34	874.58	1,039	1,104	863.18
Interest Expense	-409.25	-316.51	-303.26	-385.63	-361.61	-345.51
Interest & Investment Income	271.93	44.17	52.98	57.97	49.84	44.8
Currency Exchange Gain (Loss)	55.68	55.68	47.78	47.15	-0.71	9.01
Other Non Operating Income (Expenses)	-15.32	-34.25	-33.67	-39.08	-45.17	-35.99
EBT Excluding Unusual Items	678.79	560.43	638.42	719.23	746.49	535.49
Gain (Loss) on Sale of Investments	30.27	42.23	-82.98	-86.07	-117.53	-77.18
Gain (Loss) on Sale of Assets	0.09	0.26	8.23	-0	-0.64	4.82
Asset Writedown	34.61	-21.98	-13.34	-95.8	-145.76	-55.27
Other Unusual Items	41.74	15.57	6.07	13.35	10.31	12.95
Pretax Income	785.5	596.51	556.41	550.69	492.86	420.8
Income Tax Expense	165.66	78.63	68.96	85.12	66.34	56.04
Earnings From Continuing Operations	619.84	517.89	487.44	465.57	426.52	364.76
Minority Interest in Earnings	13.92	18.83	28.29	33.54	28.3	1.54
Net Income	633.76	536.72	515.73	499.11	454.82	366.3
Net Income to Common	633.76	536.72	515.73	499.11	454.82	366.3
Net Income Growth	11.19%	4.07%	3.33%	9.74%	24.16%	19.89%
Shares Outstanding (Basic)	1,131	1,142	1,146	1,161	1,137	964
Shares Outstanding (Diluted)	1,242	1,309	1,258	1,161	1,137	964
Shares Change (YoY)	-9.87%	4.07%	8.37%	2.08%	17.96%	7.27%
EPS (Basic)	0.56	0.47	0.45	0.43	0.40	0.38
EPS (Diluted)	0.51	0.41	0.41	0.43	0.40	0.38
EPS Growth	23.36%	-	-4.65%	7.50%	5.26%	11.77%
Free Cash Flow	-2,497	-1,859	-463.35	1,159	160.03	-399.3
Free Cash Flow Per Share	-2.01	-1.42	-0.37	1.00	0.14	-0.41
Dividend Per Share	0.141	0.141	0.135	-	0.040	0.075
Dividend Growth	4.44%	4.44%	-	-	-46.67%	150.00%
Gross Margin	1.87%	2.26%	2.59%	3.60%	4.85%	4.22%
Operating Margin	0.83%	1.07%	1.33%	2.08%	2.67%	2.39%
Profit Margin	0.67%	0.71%	0.79%	1.00%	1.10%	1.02%
Free Cash Flow Margin	-2.65%	-2.45%	-0.71%	2.31%	0.39%	-1.11%
EBITDA	1,332	1,357	1,406	1,577	1,649	1,409
EBITDA Margin	1.42%	1.79%	2.14%	3.15%	3.98%	3.91%
D&A For EBITDA	556.29	545.62	531.39	538.17	544.64	545.34
EBIT	775.74	811.34	874.58	1,039	1,104	863.18
EBIT Margin	0.83%	1.07%	1.33%	2.08%	2.67%	2.39%
Effective Tax Rate	21.09%	13.18%	12.39%	15.46%	13.46%	13.32%
Revenue as Reported	94,084	75,801	65,577	50,047	41,383	36,053
Advertising Expenses	-	0.03	-	0.01	0.18	0.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.