Jiangsu Rainbow Heavy Industries Co., Ltd. (SHE:002483)

SHE:002483 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	7,719	8,171	7,113	5,102	3,768	3,537
Other Revenue	52.79	52.79	69.46	72.12	79.28	77.73
Revenue	7,772	8,224	7,183	5,174	3,847	3,615
Revenue Growth (YoY)	5.52%	14.50%	38.82%	34.51%	6.42%	56.23%
Cost of Revenue	5,887	6,279	5,732	4,111	2,924	2,841
Gross Profit	1,885	1,945	1,450	1,063	922.54	773.54
Selling, General & Admin	645.32	614.21	452.01	371.38	331.88	330.82
Research & Development	224.36	209.94	205.28	212.11	160.08	155.18
Other Operating Expenses	39.42	22.42	26.74	23.58	22.66	20.78
Operating Expenses	996.46	897.02	694.88	678.78	538.95	514.14
Operating Income	888.15	1,048	755.57	384.11	383.59	259.4
Interest Expense	-34.29	-40.8	-62.89	-83.94	-74.75	-67.48
Interest & Investment Income	94.67	93.91	34.56	27.56	54.1	22.12
Currency Exchange Gain (Loss)	-52.78	-52.78	-47.99	40.31	-0.43	-12.99
Other Non Operating Income (Expenses)	-12.16	-45.17	-66.56	-5.81	-2.44	26.37
EBT Excluding Unusual Items	883.59	1,003	612.68	362.23	360.07	227.42
Impairment of Goodwill	-25.65	-25.65	-215.68	-481.47	-	-17.31
Gain (Loss) on Sale of Investments	-3.63	20.47	-117.93	-23.1	16.11	5.45
Gain (Loss) on Sale of Assets	-1.02	0.37	1.09	-0.14	5.28	6.4
Asset Writedown	-0.92	-1.99	-19.95	-0.98	-0.98	-0.47
Other Unusual Items	40.44	34.01	21.02	332.21	23.42	18.89
Pretax Income	892.82	1,030	281.23	188.74	403.9	240.38
Income Tax Expense	254.63	299.22	80.19	90.36	28.3	8.62
Earnings From Continuing Operations	638.19	731.05	201.04	98.38	375.6	231.76
Minority Interest in Earnings	-183.95	-246.08	-145.67	-45.2	-26.12	24.35
Net Income	454.23	484.97	55.37	53.18	349.47	256.12
Net Income to Common	454.23	484.97	55.37	53.18	349.47	256.12
Net Income Growth	389.05%	775.84%	4.12%	-84.78%	36.45%	82.56%
Shares Outstanding (Basic)	880	882	923	886	945	883
Shares Outstanding (Diluted)	880	882	923	886	945	883
Shares Change (YoY)	-2.32%	-4.45%	4.12%	-6.16%	6.95%	32.20%
EPS (Basic)	0.52	0.55	0.06	0.06	0.37	0.29
EPS (Diluted)	0.52	0.55	0.06	0.06	0.37	0.29
EPS Growth	400.68%	816.67%	-	-83.78%	27.59%	38.09%
Free Cash Flow	1,059	681.26	844.71	1,705	126.72	76.18
Free Cash Flow Per Share	1.20	0.77	0.92	1.92	0.13	0.09
Dividend Per Share	0.300	0.300	0.100	0.053	0.050	0.050
Dividend Growth	200.00%	200.00%	88.15%	6.30%	-	-
Gross Margin	24.25%	23.65%	20.19%	20.54%	23.98%	21.40%
Operating Margin	11.43%	12.74%	10.52%	7.42%	9.97%	7.18%
Profit Margin	5.85%	5.90%	0.77%	1.03%	9.09%	7.08%
Free Cash Flow Margin	13.62%	8.28%	11.76%	32.95%	3.29%	2.11%
EBITDA	1,072	1,231	938.49	556.96	604.83	456.3
EBITDA Margin	13.80%	14.97%	13.07%	10.76%	15.72%	12.62%
D&A For EBITDA	184.09	183.59	182.92	172.85	221.24	196.9
EBIT	888.15	1,048	755.57	384.11	383.59	259.4
EBIT Margin	11.43%	12.74%	10.52%	7.42%	9.97%	7.18%
Effective Tax Rate	28.52%	29.04%	28.52%	47.88%	7.01%	3.59%
Revenue as Reported	7,772	8,224	7,183	5,174	3,847	3,615

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