Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. (SHE:002278)

SHE:002278 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	792.32	720.48	733	591.62	766.82	717.87
Other Revenue	12.5	12.5	10.67	12.34	8.61	8.29
Revenue	804.82	732.99	743.67	603.96	775.43	726.16
Revenue Growth (YoY)	11.43%	-1.44%	23.13%	-22.11%	6.78%	-7.52%
Cost of Revenue	529.93	483.98	509.7	427.9	512.19	477.65
Gross Profit	274.89	249	233.98	176.06	263.24	248.51
Selling, General & Admin	143.91	137.38	123.13	122.75	139.61	126.08
Research & Development	75.88	72.36	75.81	68.79	60.38	62.1
Other Operating Expenses	14.25	8.04	4.04	5.52	6.79	5.98
Operating Expenses	241	222.21	202.91	211.5	218.69	217.78
Operating Income	33.89	26.79	31.07	-35.44	44.55	30.72
Interest Expense	-3.88	-4.17	-5.96	-5.98	-3.06	-2.7
Interest & Investment Income	1.6	1.71	2.89	3.11	3.61	4.05
Currency Exchange Gain (Loss)	2.03	2.03	1.83	7.23	-1.5	-5.57
Other Non Operating Income (Expenses)	1.79	1.49	-1.29	-0.15	-1.19	-2.27
EBT Excluding Unusual Items	35.43	27.85	28.53	-31.23	42.41	24.23
Gain (Loss) on Sale of Investments	0.34	0.17	0.3	-0.08	-0.73	0.17
Gain (Loss) on Sale of Assets	1.27	1.17	2.08	5.01	3.71	1.31
Asset Writedown	-0.69	-0.67	-0.16	-0.36	-4.52	-0.27
Other Unusual Items	23.13	15.02	9.04	8.28	17.08	20.41
Pretax Income	59.49	43.54	39.79	-18.37	57.94	45.86
Income Tax Expense	0.02	2.75	3.16	1.07	7.46	10.43
Earnings From Continuing Operations	59.47	40.79	36.63	-19.45	50.49	35.43
Minority Interest in Earnings	-11.78	-10.62	-12.06	-8.48	-7.51	-7.04
Net Income	47.68	30.17	24.57	-27.93	42.98	28.38
Net Income to Common	47.68	30.17	24.57	-27.93	42.98	28.38
Net Income Growth	44.87%	22.79%	-	-	51.42%	-34.81%
Shares Outstanding (Basic)	362	358	355	354	358	364
Shares Outstanding (Diluted)	362	358	355	354	358	364
Shares Change (YoY)	2.30%	0.92%	0.29%	-1.18%	-1.57%	0.29%
EPS (Basic)	0.13	0.08	0.07	-0.08	0.12	0.08
EPS (Diluted)	0.13	0.08	0.07	-0.08	0.12	0.08
EPS Growth	41.62%	21.68%	-	-	53.85%	-35.00%
Free Cash Flow	118.2	78.83	-118.08	-118.23	18.2	27.8
Free Cash Flow Per Share	0.33	0.22	-0.33	-0.33	0.05	0.08
Dividend Per Share	0.050	0.050	0.050	-	0.050	0.050
Gross Margin	34.16%	33.97%	31.46%	29.15%	33.95%	34.22%
Operating Margin	4.21%	3.65%	4.18%	-5.87%	5.75%	4.23%
Profit Margin	5.92%	4.12%	3.30%	-4.62%	5.54%	3.91%
Free Cash Flow Margin	14.69%	10.75%	-15.88%	-19.58%	2.35%	3.83%
EBITDA	81.18	72.31	74.24	15.17	101.01	87.48
EBITDA Margin	10.09%	9.87%	9.98%	2.51%	13.03%	12.05%
D&A For EBITDA	47.29	45.52	43.17	50.61	56.46	56.76
EBIT	33.89	26.79	31.07	-35.44	44.55	30.72
EBIT Margin	4.21%	3.65%	4.18%	-5.87%	5.75%	4.23%
Effective Tax Rate	0.04%	6.31%	7.95%	-	12.87%	22.75%
Revenue as Reported	804.82	732.99	743.67	603.96	775.43	726.16

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