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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,127	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	2,175	2,380	2,698	2,405	2,286	2,090
Revenue Growth (YoY)	-3.11%	-11.77%	12.16%	5.22%	9.35%	-4.02%
Cost of Revenue	1,718	1,886	2,091	1,885	1,759	1,550
Gross Profit	457.25	493.64	606.6	520.15	526.78	539.91
Selling, General & Admin	262.33	262.43	246.15	207.82	194.07	173
Research & Development	63.09	65.19	80.66	71.7	59.23	60.21
Other Operating Expenses	30.93	23.55	24.16	21.53	18.54	19.99
Operating Expenses	426.28	393.95	393.8	321.33	340.73	260.41
Operating Income	30.97	99.69	212.8	198.82	186.05	279.5
Interest Expense	-5.2	-14.44	-17.77	-17.03	-4.47	-4.54
Interest & Investment Income	65.24	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)	-0.54	-2.29	-2.18	-2.46	-7.18	-3
EBT Excluding Unusual Items	90.6	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	-0.07	-0.03	-0.62	-	-	1.99
Gain (Loss) on Sale of Assets	0.42	-0.75	0.77	1.6	0.32	3.27
Asset Writedown	-6.41	-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	67.25	3.82	3.96	4.96	11.23	7.24
Pretax Income	153.47	143.17	231.4	157.56	55.77	192.86
Income Tax Expense	27.9	19.59	58.05	37.64	-14.79	75.79
Earnings From Continuing Operations	125.57	123.59	173.35	119.93	70.57	117.07
Minority Interest in Earnings	-12.01	-10.14	-1.57	-4.58	-9.51	-11.53
Net Income	113.55	113.44	171.78	115.34	61.05	105.54
Net Income to Common	113.55	113.44	171.78	115.34	61.05	105.54
Net Income Growth	53.91%	-33.96%	48.93%	88.93%	-42.15%	-44.31%
Shares Outstanding (Basic)	1,892	1,891	1,718	1,648	2,035	1,783
Shares Outstanding (Diluted)	1,892	1,891	1,718	1,648	2,035	1,783
Shares Change (YoY)	10.22%	10.07%	4.25%	-19.03%	14.16%	-0.01%
EPS (Basic)	0.06	0.06	0.10	0.07	0.03	0.06
EPS (Diluted)	0.06	0.06	0.10	0.07	0.03	0.06
EPS Growth	39.63%	-40.00%	42.86%	133.33%	-49.32%	-44.31%
Free Cash Flow	-24.31	-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	21.02%	20.74%	22.49%	21.63%	23.05%	25.83%
Operating Margin	1.42%	4.19%	7.89%	8.27%	8.14%	13.37%
Profit Margin	5.22%	4.77%	6.37%	4.80%	2.67%	5.05%
Free Cash Flow Margin	-1.12%	-0.57%	-15.92%	-16.06%	-4.50%	16.27%
EBITDA	124.06	179.83	275.66	261.13	253.73	344.19
EBITDA Margin	5.70%	7.56%	10.22%	10.86%	11.10%	16.47%
D&A For EBITDA	93.1	80.14	62.86	62.31	67.68	64.69
EBIT	30.97	99.69	212.8	198.82	186.05	279.5
EBIT Margin	1.42%	4.19%	7.89%	8.27%	8.14%	13.37%
Effective Tax Rate	18.18%	13.68%	25.09%	23.89%	-	39.30%
Revenue as Reported	2,175	2,380	2,698	2,405	2,286	2,090
Advertising Expenses	-	9.78	6.88	0.24	0.58	0.59

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.