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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,227	4,169	3,973	3,601	2,782	2,635
Other Revenue	27.16	27.16	31.68	14.71	-	16.74
Revenue	4,254	4,196	4,004	3,616	2,782	2,651
Revenue Growth (YoY)	3.42%	4.79%	10.74%	29.99%	4.92%	1.75%
Cost of Revenue	3,002	3,057	2,928	2,316	2,069	2,136
Gross Profit	1,252	1,139	1,077	1,300	712.97	515.39
Selling, General & Admin	171.33	178.88	150.74	135.87	133.15	115.59
Research & Development	72.56	72.53	65.38	70.67	66.1	56.84
Other Operating Expenses	324.59	279.03	74.32	48.39	44.55	43.49
Operating Expenses	569.33	539.94	299.54	266.33	236.82	224.77
Operating Income	682.72	599.48	777.06	1,034	476.15	290.62
Interest Expense	-71.85	-75.92	-61.85	-72.07	-64.13	-64.53
Interest & Investment Income	90.92	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)	-25.33	-17.98	-12.87	-10.87	-5.99	2.21
EBT Excluding Unusual Items	764.04	688.52	813.88	1,077	469.22	293.89
Gain (Loss) on Sale of Investments	0.06	0.06	-2.34	-1.12	31.9	49.08
Gain (Loss) on Sale of Assets	-0.05	-	0.06	0.16	-1.44	-0.84
Asset Writedown	-4.54	-4.97	-11.17	-3.7	-2.58	-0.02
Other Unusual Items	1.54	1.54	8.56	3.68	2.52	16.31
Pretax Income	761.05	685.14	808.99	1,076	499.62	358.42
Income Tax Expense	159.64	121.77	175.22	254.31	97.98	49.4
Earnings From Continuing Operations	601.4	563.37	633.77	821.74	401.64	309.02
Minority Interest in Earnings	0.94	0.89	0	2.76	2.3	-0.12
Net Income	602.34	564.26	633.77	824.5	403.94	308.9
Net Income to Common	602.34	564.26	633.77	824.5	403.94	308.9
Net Income Growth	-4.71%	-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)	-0.01%	-0.02%	-	0.01%	-0.00%	-1.20%
EPS (Basic)	0.48	0.45	0.51	0.66	0.32	0.25
EPS (Diluted)	0.48	0.45	0.51	0.66	0.32	0.25
EPS Growth	-4.70%	-10.95%	-23.13%	104.10%	30.77%	2.60%
Free Cash Flow	1,037	734.06	902.01	94.8	231.61	80.91
Free Cash Flow Per Share	0.83	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	29.43%	27.15%	26.88%	35.96%	25.63%	19.44%
Operating Margin	16.05%	14.29%	19.41%	28.60%	17.12%	10.96%
Profit Margin	14.16%	13.45%	15.83%	22.80%	14.52%	11.65%
Free Cash Flow Margin	24.37%	17.49%	22.53%	2.62%	8.33%	3.05%
EBITDA	1,141	1,039	1,144	1,296	711.59	554.15
EBITDA Margin	26.82%	24.77%	28.57%	35.84%	25.58%	20.90%
D&A For EBITDA	458.09	439.84	366.82	261.96	235.43	263.53
EBIT	682.72	599.48	777.06	1,034	476.15	290.62
EBIT Margin	16.05%	14.29%	19.41%	28.60%	17.12%	10.96%
Effective Tax Rate	20.98%	17.77%	21.66%	23.63%	19.61%	13.78%
Revenue as Reported	4,254	4,196	4,004	3,616	2,782	2,651

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