Shandong Mining Machinery Group Co., Ltd. (SHE:002526)

SHE:002526 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,351	2,332	2,618	2,339	2,203	1,999
Other Revenue	48.01	48.01	79.12	66.04	82.2	91.27
Revenue	2,399	2,380	2,698	2,405	2,286	2,090
Revenue Growth (YoY)	-7.40%	-11.77%	12.16%	5.22%	9.35%	-4.02%
Cost of Revenue	1,911	1,886	2,091	1,885	1,759	1,550
Gross Profit	487.97	493.64	606.6	520.15	526.78	539.91
Selling, General & Admin	266.47	262.43	246.15	207.82	194.07	173
Research & Development	66.19	65.19	80.66	71.7	59.23	60.21
Other Operating Expenses	27.66	23.55	24.16	21.53	18.54	19.99
Operating Expenses	413.77	393.95	393.8	321.33	340.73	260.41
Operating Income	74.2	99.69	212.8	198.82	186.05	279.5
Interest Expense	-12.39	-14.44	-17.77	-17.03	-4.47	-4.54
Interest & Investment Income	55.14	56.64	42.53	43.55	39.57	30.6
Currency Exchange Gain (Loss)	0.13	0.13	-0.02	0.11	-0.5	-1.3
Other Non Operating Income (Expenses)	-2.36	-2.29	-2.18	-2.46	-7.18	-3
EBT Excluding Unusual Items	114.73	139.74	235.36	222.99	213.47	301.26
Impairment of Goodwill	-	-	-	-77.49	-171.81	-121.75
Gain (Loss) on Sale of Investments	-0.13	-0.03	-0.62	-	-	1.99
Gain (Loss) on Sale of Assets	-0.94	-0.75	0.77	1.6	0.32	3.27
Asset Writedown	1.08	-1.27	-15.32	-0.28	-0.12	-0.91
Legal Settlements	1.68	1.68	7.26	5.77	2.68	1.76
Other Unusual Items	63.92	3.82	3.96	4.96	11.23	7.24
Pretax Income	180.34	143.17	231.4	157.56	55.77	192.86
Income Tax Expense	32.84	19.59	58.05	37.64	-14.79	75.79
Earnings From Continuing Operations	147.49	123.59	173.35	119.93	70.57	117.07
Minority Interest in Earnings	-10.19	-10.14	-1.57	-4.58	-9.51	-11.53
Net Income	137.3	113.44	171.78	115.34	61.05	105.54
Net Income to Common	137.3	113.44	171.78	115.34	61.05	105.54
Net Income Growth	-12.21%	-33.96%	48.93%	88.93%	-42.15%	-44.31%
Shares Outstanding (Basic)	1,891	1,891	1,718	1,648	2,035	1,783
Shares Outstanding (Diluted)	1,891	1,891	1,718	1,648	2,035	1,783
Shares Change (YoY)	10.09%	10.07%	4.25%	-19.03%	14.16%	-0.01%
EPS (Basic)	0.07	0.06	0.10	0.07	0.03	0.06
EPS (Diluted)	0.07	0.06	0.10	0.07	0.03	0.06
EPS Growth	-20.26%	-40.00%	42.86%	133.33%	-49.32%	-44.31%
Free Cash Flow	9.2	-13.56	-429.57	-386.35	-102.94	340.03
Free Cash Flow Per Share	0.01	-0.01	-0.25	-0.23	-0.05	0.19
Dividend Per Share	0.010	0.010	0.023	-	-	-
Dividend Growth	-56.52%	-56.52%	-	-	-	-
Gross Margin	20.34%	20.74%	22.49%	21.63%	23.05%	25.83%
Operating Margin	3.09%	4.19%	7.89%	8.27%	8.14%	13.37%
Profit Margin	5.72%	4.77%	6.37%	4.80%	2.67%	5.05%
Free Cash Flow Margin	0.38%	-0.57%	-15.92%	-16.06%	-4.50%	16.27%
EBITDA	158.65	179.83	275.66	261.13	253.73	344.19
EBITDA Margin	6.61%	7.56%	10.22%	10.86%	11.10%	16.47%
D&A For EBITDA	84.46	80.14	62.86	62.31	67.68	64.69
EBIT	74.2	99.69	212.8	198.82	186.05	279.5
EBIT Margin	3.09%	4.19%	7.89%	8.27%	8.14%	13.37%
Effective Tax Rate	18.21%	13.68%	25.09%	23.89%	-	39.30%
Revenue as Reported	2,399	2,380	2,698	2,405	2,286	2,090
Advertising Expenses	-	9.78	6.88	0.24	0.58	0.59

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.