Qingdao East Steel Tower Stock Co.Ltd (SHE:002545)

SHE:002545 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	4,450	4,169	3,973	3,601	2,782	2,635
Other Revenue	27.16	27.16	31.68	14.71	-	16.74
Revenue	4,478	4,196	4,004	3,616	2,782	2,651
Revenue Growth (YoY)	1.47%	4.79%	10.74%	29.99%	4.92%	1.75%
Cost of Revenue	2,906	3,057	2,928	2,316	2,069	2,136
Gross Profit	1,572	1,139	1,077	1,300	712.97	515.39
Selling, General & Admin	190.91	178.88	150.74	135.87	133.15	115.59
Research & Development	56.12	72.53	65.38	70.67	66.1	56.84
Other Operating Expenses	261.19	279.03	74.32	48.39	44.55	43.49
Operating Expenses	505.13	539.94	299.54	266.33	236.82	224.77
Operating Income	1,067	599.48	777.06	1,034	476.15	290.62
Interest Expense	-13.39	-75.92	-61.85	-72.07	-64.13	-64.53
Interest & Investment Income	58.41	95.37	89.64	91.93	71.29	103.31
Currency Exchange Gain (Loss)	87.57	87.57	21.91	33.89	-8.1	-37.73
Other Non Operating Income (Expenses)	-48.37	-17.98	-12.87	-10.87	-5.99	2.21
EBT Excluding Unusual Items	1,151	688.52	813.88	1,077	469.22	293.89
Gain (Loss) on Sale of Investments	0.25	0.06	-2.34	-1.12	31.9	49.08
Gain (Loss) on Sale of Assets	-0.21	-	0.06	0.16	-1.44	-0.84
Asset Writedown	-11.13	-4.97	-11.17	-3.7	-2.58	-0.02
Other Unusual Items	5.84	1.54	8.56	3.68	2.52	16.31
Pretax Income	1,146	685.14	808.99	1,076	499.62	358.42
Income Tax Expense	221.27	121.77	175.22	254.31	97.98	49.4
Earnings From Continuing Operations	924.41	563.37	633.77	821.74	401.64	309.02
Minority Interest in Earnings	1.58	0.89	0	2.76	2.3	-0.12
Net Income	926	564.26	633.77	824.5	403.94	308.9
Net Income to Common	926	564.26	633.77	824.5	403.94	308.9
Net Income Growth	56.45%	-10.97%	-23.13%	104.12%	30.77%	1.37%
Shares Outstanding (Basic)	1,244	1,244	1,244	1,244	1,244	1,244
Shares Outstanding (Diluted)	1,244	1,244	1,244	1,244	1,244	1,244
Shares Change (YoY)	-0.03%	-0.02%	-	0.01%	-0.00%	-1.20%
EPS (Basic)	0.74	0.45	0.51	0.66	0.32	0.25
EPS (Diluted)	0.74	0.45	0.51	0.66	0.32	0.25
EPS Growth	56.49%	-10.95%	-23.13%	104.10%	30.77%	2.60%
Free Cash Flow	1,041	734.06	902.01	94.8	231.61	80.91
Free Cash Flow Per Share	0.84	0.59	0.72	0.08	0.19	0.07
Dividend Per Share	0.300	0.300	0.300	0.410	0.250	0.100
Dividend Growth	-	-	-26.83%	64.00%	150.00%	25.00%
Gross Margin	35.10%	27.15%	26.88%	35.96%	25.63%	19.44%
Operating Margin	23.82%	14.29%	19.41%	28.60%	17.12%	10.96%
Profit Margin	20.68%	13.45%	15.83%	22.80%	14.52%	11.65%
Free Cash Flow Margin	23.26%	17.49%	22.53%	2.62%	8.33%	3.05%
EBITDA	1,561	1,039	1,144	1,296	711.59	554.15
EBITDA Margin	34.87%	24.77%	28.57%	35.84%	25.58%	20.90%
D&A For EBITDA	494.6	439.84	366.82	261.96	235.43	263.53
EBIT	1,067	599.48	777.06	1,034	476.15	290.62
EBIT Margin	23.82%	14.29%	19.41%	28.60%	17.12%	10.96%
Effective Tax Rate	19.31%	17.77%	21.66%	23.63%	19.61%	13.78%
Revenue as Reported	1,085	4,196	4,004	3,616	2,782	2,651

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