Hainan Strait Shipping 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	4,121	4,142	3,866	2,923	1,362	1,060
Other Revenue	77.97	77.97	65.84	40.83	37.21	12.81
Revenue	4,199	4,220	3,932	2,963	1,399	1,073
Revenue Growth (YoY)	-13.58%	7.33%	32.67%	111.81%	30.43%	-3.37%
Cost of Revenue	2,500	2,389	2,016	1,762	830.35	670.2
Gross Profit	1,700	1,831	1,916	1,202	568.76	402.52
Selling, General & Admin	462.73	422.47	377.81	350.86	190.4	104
Other Operating Expenses	11.02	7.76	13.03	5.31	35.06	-6.99
Operating Expenses	472.3	434.35	393.09	356.58	224.6	97.74
Operating Income	1,228	1,396	1,522	845.04	344.16	304.78
Interest Expense	-29.29	-18.8	-3.89	-2.66	-	-0.36
Interest & Investment Income	16.54	24.84	21.85	13.98	23.93	36.99
Earnings From Equity Investments	1.04	1.04	1.93	-	-	-
Other Non Operating Income (Expenses)	-10.23	-9.64	-15.19	-9.95	-8.48	-5.94
EBT Excluding Unusual Items	1,206	1,394	1,527	846.41	359.6	335.47
Gain (Loss) on Sale of Investments	-1.71	-	-	-1.16	-	-
Gain (Loss) on Sale of Assets	18.15	-2.65	0.04	-0.4	-0.1	-0
Asset Writedown	-	-	-	-37.38	-53.31	-41.39
Other Unusual Items	-5.51	-6.74	2.33	20.31	31.2	0.99
Pretax Income	1,218	1,386	1,531	827.87	337.39	295.07
Income Tax Expense	322.03	337.39	305.39	165.27	51.8	45.66
Earnings From Continuing Operations	895.94	1,048	1,225	662.61	285.6	249.4
Minority Interest in Earnings	-729.14	-791.44	-791.59	-510.63	-19.71	-
Net Income	166.79	256.88	433.53	151.98	265.88	249.4
Net Income to Common	166.79	256.88	433.53	151.98	265.88	249.4
Net Income Growth	-51.62%	-40.75%	185.26%	-42.84%	6.61%	13.79%
Shares Outstanding (Basic)	2,235	2,230	2,229	2,228	2,229	2,229
Shares Outstanding (Diluted)	2,235	2,230	2,229	2,228	2,229	2,229
Shares Change (YoY)	0.29%	0.04%	0.03%	-0.01%	-0.01%	1.69%
EPS (Basic)	0.07	0.12	0.19	0.07	0.12	0.11
EPS (Diluted)	0.07	0.12	0.19	0.07	0.12	0.11
EPS Growth	-51.77%	-40.77%	185.19%	-42.83%	6.61%	11.90%
Free Cash Flow	1,448	1,255	1,617	988.84	-1,075	401.27
Free Cash Flow Per Share	0.65	0.56	0.72	0.44	-0.48	0.18
Dividend Per Share	0.040	0.040	0.116	0.045	0.100	0.093
Dividend Growth	-65.52%	-65.52%	157.78%	-55.00%	7.18%	4.95%
Gross Margin	40.48%	43.38%	48.72%	40.55%	40.65%	37.52%
Operating Margin	29.23%	33.09%	38.72%	28.52%	24.60%	28.41%
Profit Margin	3.97%	6.09%	11.03%	5.13%	19.00%	23.25%
Free Cash Flow Margin	34.48%	29.73%	41.13%	33.37%	-76.85%	37.41%
EBITDA	1,586	1,734	1,833	1,207	505.16	445.8
EBITDA Margin	37.78%	41.10%	46.61%	40.71%	36.11%	41.56%
D&A For EBITDA	358.83	337.97	310.16	361.49	161	141.03
EBIT	1,228	1,396	1,522	845.04	344.16	304.78
EBIT Margin	29.23%	33.09%	38.72%	28.52%	24.60%	28.41%
Effective Tax Rate	26.44%	24.35%	19.95%	19.96%	15.35%	15.48%
Revenue as Reported	4,199	4,220	3,932	2,963	1,399	1,073
Advertising Expenses	-	10.95	6.85	1.93	0.87	0.85

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