Henan Senyuan Electric Co., Ltd. (SHE:002358)

Henan Senyuan Electric 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	2,871	2,713	2,580	2,346	1,690	1,634
Other Revenue	54.79	54.79	56.7	60.99	17.94	15.52
Revenue	2,926	2,767	2,637	2,407	1,708	1,650
Revenue Growth (YoY)	6.90%	4.94%	9.57%	40.89%	3.53%	1.42%
Cost of Revenue	2,100	1,983	1,882	1,784	1,491	1,499
Gross Profit	825.89	784.55	754.86	622.61	217.48	151
Selling, General & Admin	319.52	302.52	290.24	276.76	279.38	254.17
Research & Development	113.85	111.77	96.08	103.25	92.47	98.52
Other Operating Expenses	8.3	1.47	32.4	20.31	18.04	17.54
Operating Expenses	553.77	533.41	549.92	472.91	584.43	1,021
Operating Income	272.12	251.14	204.95	149.7	-366.95	-869.89
Interest Expense	-104.34	-111.72	-111.29	-105.68	-110.9	-115.6
Interest & Investment Income	0.64	0.47	1.4	2.15	1.24	11.6
Currency Exchange Gain (Loss)	-0.2	-0.2	0.15	0	-0.02	0.05
Other Non Operating Income (Expenses)	-31.14	-26.9	-5.19	-3.65	-5.71	-12.95
EBT Excluding Unusual Items	137.07	112.8	90.03	42.52	-482.34	-986.79
Gain (Loss) on Sale of Investments	-3.18	-2.49	-0.99	-	-	-
Gain (Loss) on Sale of Assets	0.15	0	0.65	0.91	0.74	1.31
Asset Writedown	-0.57	-0.57	-0.2	-0.12	-4.16	-0.28
Legal Settlements	-0.45	-0.45	-0.69	-0.24	-1.22	-1.63
Other Unusual Items	-11.11	-3.06	-1.13	13.95	19.22	38.6
Pretax Income	121.91	106.22	87.67	57.03	-467.75	-948.79
Income Tax Expense	15.7	16.26	13.8	17.62	21.56	38.75
Earnings From Continuing Operations	106.21	89.96	73.87	39.42	-489.31	-987.55
Minority Interest in Earnings	-4.39	-1.26	0.03	-1.25	-0.38	-0.98
Net Income	101.83	88.7	73.9	38.17	-489.69	-988.53
Net Income to Common	101.83	88.7	73.9	38.17	-489.69	-988.53
Net Income Growth	-13.69%	20.03%	93.61%	-	-	-
Shares Outstanding (Basic)	906	887	924	954	924	933
Shares Outstanding (Diluted)	906	887	924	954	924	933
Shares Change (YoY)	0.41%	-3.98%	-3.19%	3.28%	-0.92%	-0.02%
EPS (Basic)	0.11	0.10	0.08	0.04	-0.53	-1.06
EPS (Diluted)	0.11	0.10	0.08	0.04	-0.53	-1.06
EPS Growth	-14.04%	25.00%	100.00%	-	-	-
Free Cash Flow	-50.01	116.17	56.21	-173.08	686.13	-561.55
Free Cash Flow Per Share	-0.06	0.13	0.06	-0.18	0.74	-0.60
Dividend Per Share	0.020	0.020	0.020	-	-	-
Gross Margin	28.23%	28.35%	28.63%	25.87%	12.73%	9.15%
Operating Margin	9.30%	9.07%	7.77%	6.22%	-21.48%	-52.72%
Profit Margin	3.48%	3.21%	2.80%	1.59%	-28.67%	-59.91%
Free Cash Flow Margin	-1.71%	4.20%	2.13%	-7.19%	40.17%	-34.03%
EBITDA	440.14	427.68	392.85	359.68	-149.65	-654.57
EBITDA Margin	15.04%	15.45%	14.90%	14.95%	-8.76%	-39.67%
D&A For EBITDA	168.02	176.54	187.9	209.98	217.3	215.33
EBIT	272.12	251.14	204.95	149.7	-366.95	-869.89
EBIT Margin	9.30%	9.07%	7.77%	6.22%	-21.48%	-52.72%
Effective Tax Rate	12.88%	15.31%	15.74%	30.89%	-	-
Revenue as Reported	2,926	2,767	2,637	2,407	1,708	1,650
Advertising Expenses	-	1	1.06	0.42	0.48	0.92

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