Guangdong Great River Smarter Logistics Co., Ltd. (SHE:002930)

SHE:002930 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,385	1,441	1,528	1,238	1,067	843.97
Other Revenue	8.65	8.65	18.94	25.04	21.12	4.35
Revenue	1,393	1,450	1,547	1,263	1,088	848.32
Revenue Growth (YoY)	-10.18%	-6.26%	22.48%	16.10%	28.25%	74.57%
Cost of Revenue	735.03	733.64	658.51	556.01	380.54	305.55
Gross Profit	658.2	716.5	888.56	707.14	707.42	542.77
Selling, General & Admin	180.94	189.95	181.52	175.98	140.3	115.22
Research & Development	50.81	51.61	51.87	23.8	15.37	3.67
Other Operating Expenses	13.14	13.37	3.34	5.74	4.46	5.66
Operating Expenses	250.62	260.61	238.33	206.14	167.18	126.05
Operating Income	407.58	455.89	650.23	501	540.24	416.72
Interest Expense	-235.97	-243.72	-267.17	-231.73	-143.89	-123.39
Interest & Investment Income	17.1	21.18	26.57	39.72	6.37	5.48
Currency Exchange Gain (Loss)	-0.02	-0.02	3.83	0.22	-0.04	0.06
Other Non Operating Income (Expenses)	-3.97	-3.18	-4.44	-19.53	-3.64	-9.44
EBT Excluding Unusual Items	184.72	230.16	409.01	289.69	399.04	289.43
Impairment of Goodwill	-26.26	-26.26	-	-	-	-
Gain (Loss) on Sale of Investments	2.65	2.75	2.51	0.79	3.09	3.37
Gain (Loss) on Sale of Assets	0.78	0.69	-2.1	0.02	-0.08	-0.22
Asset Writedown	-1.67	-1.67	-1.23	-1.98	-0.27	-0.21
Other Unusual Items	36.08	33.56	6.65	3.29	2.67	-1.94
Pretax Income	196.3	239.23	414.84	291.81	404.46	290.42
Income Tax Expense	37.55	48.28	74.11	48.27	103	40.45
Earnings From Continuing Operations	158.75	190.95	340.73	243.53	301.46	249.97
Minority Interest in Earnings	-39.51	-32.62	-44.4	-19.08	-29.93	-22.24
Net Income	119.24	158.33	296.33	224.45	271.54	227.73
Net Income to Common	119.24	158.33	296.33	224.45	271.54	227.73
Net Income Growth	-58.53%	-46.57%	32.02%	-17.34%	19.23%	56.19%
Shares Outstanding (Basic)	455	466	456	449	445	447
Shares Outstanding (Diluted)	455	466	456	449	476	455
Shares Change (YoY)	-0.37%	2.15%	1.56%	-5.77%	4.59%	3.33%
EPS (Basic)	0.26	0.34	0.65	0.50	0.61	0.51
EPS (Diluted)	0.26	0.34	0.65	0.50	0.57	0.50
EPS Growth	-58.38%	-47.69%	30.00%	-12.28%	14.00%	51.15%
Free Cash Flow	419.54	429.63	759.12	479.51	131.57	102.3
Free Cash Flow Per Share	0.92	0.92	1.67	1.07	0.28	0.23
Dividend Per Share	0.300	0.300	0.250	0.300	0.300	0.300
Dividend Growth	20.00%	20.00%	-16.67%	-	-	29.98%
Gross Margin	47.24%	49.41%	57.44%	55.98%	65.02%	63.98%
Operating Margin	29.25%	31.44%	42.03%	39.66%	49.66%	49.12%
Profit Margin	8.56%	10.92%	19.15%	17.77%	24.96%	26.85%
Free Cash Flow Margin	30.11%	29.63%	49.07%	37.96%	12.09%	12.06%
EBITDA	867.53	906.22	1,062	833.53	780.52	610.54
EBITDA Margin	62.27%	62.49%	68.65%	65.99%	71.74%	71.97%
D&A For EBITDA	459.95	450.33	411.84	332.53	240.29	193.82
EBIT	407.58	455.89	650.23	501	540.24	416.72
EBIT Margin	29.25%	31.44%	42.03%	39.66%	49.66%	49.12%
Effective Tax Rate	19.13%	20.18%	17.87%	16.54%	25.46%	13.93%
Revenue as Reported	1,393	1,450	1,547	1,263	1,088	848.32
Advertising Expenses	-	0.01	0.07	0.02	0	0

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.