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 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	Jan '22 Jan 1, 2022
Operating Revenue	5,052	4,982	5,050	3,866	2,923	1,362
Other Revenue	137.59	137.59	83.05	65.84	40.83	37.21
Revenue	5,190	5,120	5,133	3,932	2,963	1,399
Revenue Growth (YoY)	-0.62%	-0.26%	30.57%	32.67%	111.81%	30.43%
Cost of Revenue	3,373	3,382	3,264	2,016	1,762	830.35
Gross Profit	1,817	1,738	1,870	1,916	1,202	568.76
Selling, General & Admin	525.88	517.69	509.86	377.81	350.86	190.4
Research & Development	2.5	2.38	-	-	-	-
Other Operating Expenses	-97.16	-99.21	-108.55	13.03	5.31	35.06
Operating Expenses	425.62	419.57	405.26	393.09	356.58	224.6
Operating Income	1,391	1,318	1,464	1,522	845.04	344.16
Interest Expense	-81.7	-80.58	-73.8	-3.89	-2.66	-
Interest & Investment Income	15.07	22.25	43.13	21.85	13.98	23.93
Earnings From Equity Investments	-4.49	-4.95	2.75	1.93	-	-
Currency Exchange Gain (Loss)	-0.14	-0.14	-	-	-	-
Other Non Operating Income (Expenses)	-15.81	-16.57	5.7	-15.19	-9.95	-8.48
EBT Excluding Unusual Items	1,304	1,238	1,442	1,527	846.41	359.6
Gain (Loss) on Sale of Investments	-	-	-0.62	-	-1.16	-
Gain (Loss) on Sale of Assets	21.16	21.16	-2.67	0.04	-0.4	-0.1
Asset Writedown	-42.03	-42.03	0	-	-37.38	-53.31
Legal Settlements	1.15	1.15	-	-	-	-
Other Unusual Items	10.39	10.65	-5.36	2.33	20.31	31.2
Pretax Income	1,296	1,231	1,436	1,531	827.87	337.39
Income Tax Expense	333.14	314.92	339.45	305.39	165.27	51.8
Earnings From Continuing Operations	962.94	915.78	1,096	1,225	662.61	285.6
Minority Interest in Earnings	-781.54	-742.64	-786.36	-791.59	-510.63	-19.71
Net Income	181.4	173.14	309.88	433.53	151.98	265.88
Net Income to Common	181.4	173.14	309.88	433.53	151.98	265.88
Net Income Growth	-28.41%	-44.13%	-28.52%	185.26%	-42.84%	6.61%
Shares Outstanding (Basic)	2,236	2,234	2,229	2,229	2,228	2,229
Shares Outstanding (Diluted)	2,236	2,234	2,229	2,229	2,228	2,229
Shares Change (YoY)	0.33%	0.21%	0.02%	0.03%	-0.01%	-0.01%
EPS (Basic)	0.08	0.08	0.14	0.19	0.07	0.12
EPS (Diluted)	0.08	0.08	0.14	0.19	0.07	0.12
EPS Growth	-28.64%	-44.25%	-28.54%	185.19%	-42.83%	6.61%
Free Cash Flow	1,239	1,039	1,410	1,617	988.84	-1,075
Free Cash Flow Per Share	0.55	0.47	0.63	0.72	0.44	-0.48
Dividend Per Share	0.040	0.040	0.040	0.116	0.045	0.100
Dividend Growth	-	-	-65.52%	157.78%	-55.00%	7.18%
Gross Margin	35.01%	33.94%	36.42%	48.72%	40.55%	40.65%
Operating Margin	26.80%	25.75%	28.53%	38.72%	28.52%	24.60%
Profit Margin	3.50%	3.38%	6.04%	11.03%	5.13%	19.00%
Free Cash Flow Margin	23.88%	20.29%	27.47%	41.13%	33.37%	-76.85%
EBITDA	1,849	1,777	1,924	1,833	1,207	505.16
EBITDA Margin	35.63%	34.70%	37.48%	46.61%	40.71%	36.11%
D&A For EBITDA	458.06	458.41	459.78	310.16	361.49	161
EBIT	1,391	1,318	1,464	1,522	845.04	344.16
EBIT Margin	26.80%	25.75%	28.53%	38.72%	28.52%	24.60%
Effective Tax Rate	25.70%	25.59%	23.64%	19.95%	19.96%	15.35%
Revenue as Reported	5,190	5,120	5,133	3,932	2,963	1,399
Advertising Expenses	-	-	-	6.85	1.93	0.87

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