Shaanxi Provincial Natural Gas Co.,Ltd (SHE:002267)

SHE:002267 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	9,125	8,981	7,729	8,488	7,537	8,183
Other Revenue	52.34	52.34	84.19	26.94	25.2	12.86
Revenue	9,177	9,033	7,813	8,515	7,563	8,196
Revenue Growth (YoY)	7.80%	15.62%	-8.24%	12.59%	-7.72%	-15.93%
Cost of Revenue	7,841	7,679	6,761	7,405	6,784	7,404
Gross Profit	1,336	1,355	1,052	1,110	778.4	792.25
Selling, General & Admin	306.89	302.95	264.34	213.58	180.26	154.37
Research & Development	40.25	41.05	40.46	37.98	23.87	34.98
Other Operating Expenses	58.93	53.14	33.39	42.5	33.52	42.42
Operating Expenses	443.29	436.57	347.96	301.06	244.65	258.07
Operating Income	892.27	917.93	703.94	809.18	533.75	534.18
Interest Expense	-88.41	-86.16	-91.64	-100.26	-118.15	-129.66
Interest & Investment Income	9.86	11.03	14.05	58.8	64.15	56.59
Earnings From Equity Investments	9.18	39.99	50.34	-	-	-
Other Non Operating Income (Expenses)	1.03	1.12	-5.63	-10.43	19.4	-1.91
EBT Excluding Unusual Items	823.93	883.91	671.07	757.29	499.14	459.2
Impairment of Goodwill	-7.03	-7.03	-20.47	-6.8	-15.91	-
Gain (Loss) on Sale of Assets	0.03	0.2	0.24	-0.54	7.85	0.99
Asset Writedown	-8.01	-8.14	-1.87	-2.54	-2.57	-2.9
Other Unusual Items	14.46	12.18	4.39	10.66	26.12	10.73
Pretax Income	823.38	881.12	653.35	758.06	514.63	468.02
Income Tax Expense	131.39	137.38	89.11	126.72	73.82	90.13
Earnings From Continuing Operations	692	743.74	564.23	631.34	440.82	377.89
Minority Interest in Earnings	-23.18	-19.78	-19.94	-15.81	-19.56	-21.33
Net Income	668.82	723.97	544.29	615.54	421.26	356.56
Net Income to Common	668.82	723.97	544.29	615.54	421.26	356.56
Net Income Growth	4.61%	33.01%	-11.58%	46.12%	18.14%	-21.79%
Shares Outstanding (Basic)	1,112	1,112	1,112	1,112	1,112	1,112
Shares Outstanding (Diluted)	1,112	1,112	1,112	1,112	1,112	1,112
Shares Change (YoY)	-0.01%	-0.01%	0.01%	-	-0.01%	0.02%
EPS (Basic)	0.60	0.65	0.49	0.55	0.38	0.32
EPS (Diluted)	0.60	0.65	0.49	0.55	0.38	0.32
EPS Growth	4.62%	33.02%	-11.58%	46.12%	18.15%	-21.80%
Free Cash Flow	501.31	490.96	86.36	626.32	265.87	468.05
Free Cash Flow Per Share	0.45	0.44	0.08	0.56	0.24	0.42
Dividend Per Share	0.450	0.450	0.300	0.600	0.300	0.200
Dividend Growth	50.00%	50.00%	-50.00%	100.00%	50.00%	-
Gross Margin	14.55%	14.99%	13.46%	13.04%	10.29%	9.67%
Operating Margin	9.72%	10.16%	9.01%	9.50%	7.06%	6.52%
Profit Margin	7.29%	8.02%	6.97%	7.23%	5.57%	4.35%
Free Cash Flow Margin	5.46%	5.44%	1.10%	7.36%	3.52%	5.71%
EBITDA	1,566	1,582	1,329	1,321	1,011	960.22
EBITDA Margin	17.06%	17.51%	17.01%	15.52%	13.36%	11.72%
D&A For EBITDA	673.31	663.67	625.12	511.97	476.87	426.04
EBIT	892.27	917.93	703.94	809.18	533.75	534.18
EBIT Margin	9.72%	10.16%	9.01%	9.50%	7.06%	6.52%
Effective Tax Rate	15.96%	15.59%	13.64%	16.72%	14.34%	19.26%
Revenue as Reported	9,177	9,033	7,813	8,515	7,563	8,196
Advertising Expenses	-	1.06	0.84	1.16	1.17	0.19

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