Xinjiang Wanjing Energy Co., Ltd. (SHE:002700)

Xinjiang Wanjing Energy 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	698.39	684.62	662.78	571.7	589.02	418.58
Other Revenue	17.09	17.09	4.63	11.38	3.29	0.46
Revenue	715.49	701.71	667.41	583.08	592.3	419.03
Revenue Growth (YoY)	5.30%	5.14%	14.46%	-1.56%	41.35%	-19.22%
Cost of Revenue	548.77	537	490.56	443.44	418.37	294.23
Gross Profit	166.72	164.71	176.85	139.63	173.93	124.8
Selling, General & Admin	62.33	58.22	58.84	61.01	63.77	65.42
Research & Development	-	-	-	2.38	5.24	0.87
Other Operating Expenses	2.96	2.96	3.97	3.68	3.64	2.44
Operating Expenses	69.64	65.52	65.1	70.36	82.11	71.5
Operating Income	97.08	99.2	111.75	69.28	91.82	53.3
Interest Expense	-0.05	-0.03	-0.1	-1.81	-0.51	-0.35
Interest & Investment Income	11.56	8.55	7.61	14.69	1.15	25.55
Currency Exchange Gain (Loss)	-	-	-	-	-	-0.03
Other Non Operating Income (Expenses)	1.11	1.53	-0.22	-0.59	-226.91	-314.59
EBT Excluding Unusual Items	109.7	109.25	119.04	81.56	-134.45	-236.12
Gain (Loss) on Sale of Investments	0.02	1.34	0.1	0.08	-0.49	0.12
Gain (Loss) on Sale of Assets	-2.72	-2.56	0.16	0.02	0.14	0
Asset Writedown	-0.74	-0.74	-3.44	-1.23	-76.93	-7.91
Legal Settlements	-4.01	-4.01	-1.84	-1.41	-7.22	-0.08
Other Unusual Items	5.92	5.76	4.31	4.05	-0.7	3.31
Pretax Income	108.16	109.04	118.34	83.07	-219.41	-240.68
Income Tax Expense	17.51	16.96	20.29	8.05	15.02	-33.2
Earnings From Continuing Operations	90.65	92.08	98.04	75.02	-234.43	-207.48
Minority Interest in Earnings	1.03	1.1	1.07	2.96	46.71	6.33
Net Income	91.68	93.18	99.11	77.98	-187.72	-201.15
Net Income to Common	91.68	93.18	99.11	77.98	-187.72	-201.15
Net Income Growth	-7.38%	-5.99%	27.11%	-	-	-
Shares Outstanding (Basic)	396	405	413	410	427	422
Shares Outstanding (Diluted)	396	405	413	410	427	422
Shares Change (YoY)	-3.98%	-1.90%	0.63%	-3.80%	1.00%	2.38%
EPS (Basic)	0.23	0.23	0.24	0.19	-0.44	-0.48
EPS (Diluted)	0.23	0.23	0.24	0.19	-0.44	-0.48
EPS Growth	-3.54%	-4.17%	26.32%	-	-	-
Free Cash Flow	-81.34	-63.33	126.84	22.61	38.21	169.04
Free Cash Flow Per Share	-0.21	-0.16	0.31	0.06	0.09	0.40
Dividend Per Share	0.066	0.066	0.072	0.060	-	0.035
Dividend Growth	-8.33%	-8.33%	20.00%	-	-	-
Gross Margin	23.30%	23.47%	26.50%	23.95%	29.37%	29.78%
Operating Margin	13.57%	14.14%	16.74%	11.88%	15.50%	12.72%
Profit Margin	12.81%	13.28%	14.85%	13.37%	-31.69%	-48.00%
Free Cash Flow Margin	-11.37%	-9.03%	19.00%	3.88%	6.45%	40.34%
EBITDA	120.34	124.24	143.93	117.53	129.73	91.06
EBITDA Margin	16.82%	17.71%	21.57%	20.16%	21.90%	21.73%
D&A For EBITDA	23.26	25.04	32.18	48.25	37.91	37.76
EBIT	97.08	99.2	111.75	69.28	91.82	53.3
EBIT Margin	13.57%	14.14%	16.74%	11.88%	15.50%	12.72%
Effective Tax Rate	16.19%	15.55%	17.15%	9.69%	-	-
Revenue as Reported	715.49	701.71	667.41	583.08	592.3	419.03
Advertising Expenses	-	-	-	-	3.09	0.09

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