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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	125,037	111,127	75,705	65,281	49,986	41,274
Other Revenue	1,267	1,267	95.53	295.64	60.82	108.85
Revenue	126,304	112,394	75,801	65,577	50,047	41,383
Revenue Growth (YoY)	70.79%	48.28%	15.59%	31.03%	20.94%	14.78%
Cost of Revenue	123,648	110,133	74,084	63,880	48,246	39,376
Gross Profit	2,656	2,262	1,716	1,697	1,801	2,006
Selling, General & Admin	611.96	626.87	598.81	564.72	500.33	661.64
Research & Development	199.77	227.02	203.18	176.92	143.38	135.34
Other Operating Expenses	198.63	160.47	87.77	77.3	106.47	96.89
Operating Expenses	998.53	1,016	890.38	822.85	762.34	902.29
Operating Income	1,657	1,246	826.1	874.58	1,039	1,104
Interest Expense	-412.89	-415.31	-316.51	-303.26	-385.63	-361.61
Interest & Investment Income	192.18	189.39	44.17	52.98	57.97	49.84
Currency Exchange Gain (Loss)	75.1	75.1	55.68	47.78	47.15	-0.71
Other Non Operating Income (Expenses)	-113.46	-98.93	-49.01	-33.67	-39.08	-45.17
EBT Excluding Unusual Items	1,398	996.24	560.43	638.42	719.23	746.49
Gain (Loss) on Sale of Investments	35.66	-133.9	42.23	-82.98	-86.07	-117.53
Gain (Loss) on Sale of Assets	2.09	2.14	0.26	8.23	-0	-0.64
Asset Writedown	-591.06	-95.59	-21.98	-13.34	-95.8	-145.76
Other Unusual Items	22.38	22.38	15.57	6.07	13.35	10.31
Pretax Income	867.32	791.27	596.51	556.41	550.69	492.86
Income Tax Expense	220.66	168.64	63.48	68.96	85.12	66.34
Earnings From Continuing Operations	646.66	622.63	533.03	487.44	465.57	426.52
Minority Interest in Earnings	14.17	15.02	18.83	28.29	33.54	28.3
Net Income	660.83	637.65	551.86	515.73	499.11	454.82
Net Income to Common	660.83	637.65	551.86	515.73	499.11	454.82
Net Income Growth	16.01%	15.55%	7.00%	3.33%	9.74%	24.16%
Shares Outstanding (Basic)	1,247	1,181	1,150	1,146	1,161	1,137
Shares Outstanding (Diluted)	1,294	1,275	1,314	1,258	1,161	1,137
Shares Change (YoY)	0.18%	-2.94%	4.46%	8.37%	2.08%	17.96%
EPS (Basic)	0.53	0.54	0.48	0.45	0.43	0.40
EPS (Diluted)	0.51	0.50	0.42	0.41	0.43	0.40
EPS Growth	15.80%	19.05%	2.44%	-4.65%	7.50%	5.26%
Free Cash Flow	-2,624	-3,286	-1,859	-463.35	1,159	160.03
Free Cash Flow Per Share	-2.03	-2.58	-1.41	-0.37	1.00	0.14
Dividend Per Share	0.134	0.134	0.141	0.135	-	0.040
Dividend Growth	-4.96%	-4.96%	4.44%	-	-	-46.67%
Gross Margin	2.10%	2.01%	2.26%	2.59%	3.60%	4.85%
Operating Margin	1.31%	1.11%	1.09%	1.33%	2.08%	2.67%
Profit Margin	0.52%	0.57%	0.73%	0.79%	1.00%	1.10%
Free Cash Flow Margin	-2.08%	-2.92%	-2.45%	-0.71%	2.31%	0.39%
EBITDA	2,434	1,977	1,372	1,406	1,577	1,649
EBITDA Margin	1.93%	1.76%	1.81%	2.14%	3.15%	3.98%
D&A For EBITDA	777.1	730.84	545.82	531.39	538.17	544.64
EBIT	1,657	1,246	826.1	874.58	1,039	1,104
EBIT Margin	1.31%	1.11%	1.09%	1.33%	2.08%	2.67%
Effective Tax Rate	25.44%	21.31%	10.64%	12.39%	15.46%	13.46%
Revenue as Reported	126,304	112,394	75,801	65,577	50,047	41,383
Advertising Expenses	-	-	-	-	0.01	0.18

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