Guangdong Feinan Resources Recycling Co., Ltd (SHE:301500)

SHE:301500 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	13,540	12,546	8,658	8,758	7,892	4,823
Other Revenue	33.62	23.24	10.76	8.97	7.27	4.76
Revenue	13,574	12,569	8,668	8,767	7,899	4,828
Revenue Growth (YoY)	31.63%	45.00%	-1.12%	10.98%	63.62%	12.80%
Cost of Revenue	12,823	11,820	8,219	8,192	6,897	3,968
Gross Profit	751.01	749.45	449.75	574.93	1,003	859.39
Selling, General & Admin	295.46	266.04	219.09	192.78	183.13	138.55
Research & Development	21.55	22.05	23.18	22.68	20.25	17.56
Other Operating Expenses	41.09	34.89	4.62	-9.04	-22.43	-30.39
Operating Expenses	359.02	328.39	251.23	215.53	189.64	129.46
Operating Income	391.99	421.06	198.52	359.4	812.92	729.94
Interest Expense	-163.17	-145.4	-105.19	-99.66	-39.34	-10.32
Interest & Investment Income	11.59	7.43	12.54	3.59	42.19	14.8
Other Non Operating Income (Expenses)	-1.9	-1.34	-5.32	-0.34	-0.54	-1.69
EBT Excluding Unusual Items	238.51	281.76	100.55	262.99	815.23	732.72
Gain (Loss) on Sale of Investments	39.05	-103.25	82.84	-40.47	-34.58	-0.01
Gain (Loss) on Sale of Assets	0.81	0.05	-0.18	-0.01	-0.51	0.48
Asset Writedown	-18.94	-8.86	-10.91	-8.39	-8.14	-7.62
Other Unusual Items	-10.09	-10.21	-	-6.9	-6.25	-11.48
Pretax Income	249.33	159.49	172.29	207.23	765.75	714.1
Income Tax Expense	-5.03	-8.82	-3.23	3.5	52.58	124.91
Earnings From Continuing Operations	254.36	168.31	175.53	203.73	713.18	589.19
Minority Interest in Earnings	-50.36	-39.92	4.53	8.7	6.15	4.84
Net Income	204	128.39	180.05	212.43	719.33	594.03
Net Income to Common	204	128.39	180.05	212.43	719.33	594.03
Net Income Growth	43.01%	-28.69%	-15.24%	-70.47%	21.09%	10.32%
Shares Outstanding (Basic)	560	560	518	504	504	504
Shares Outstanding (Diluted)	563	560	518	504	504	504
Shares Change (YoY)	3.04%	8.19%	2.78%	-0.01%	0.00%	0.01%
EPS (Basic)	0.36	0.23	0.35	0.42	1.43	1.18
EPS (Diluted)	0.36	0.23	0.35	0.42	1.43	1.18
EPS Growth	38.79%	-34.09%	-17.53%	-70.47%	21.09%	10.31%
Free Cash Flow	-449.07	-367.69	-2,194	-1,021	-1,177	-545.6
Free Cash Flow Per Share	-0.80	-0.66	-4.24	-2.03	-2.33	-1.08
Dividend Per Share	0.093	0.093	-	-	-	-
Gross Margin	5.53%	5.96%	5.19%	6.56%	12.69%	17.80%
Operating Margin	2.89%	3.35%	2.29%	4.10%	10.29%	15.12%
Profit Margin	1.50%	1.02%	2.08%	2.42%	9.11%	12.30%
Free Cash Flow Margin	-3.31%	-2.93%	-25.31%	-11.65%	-14.90%	-11.30%
EBITDA	834.59	767.5	391.06	500.43	913.4	787.35
EBITDA Margin	6.15%	6.11%	4.51%	5.71%	11.56%	16.31%
D&A For EBITDA	442.6	346.44	192.54	141.03	100.48	57.41
EBIT	391.99	421.06	198.52	359.4	812.92	729.94
EBIT Margin	2.89%	3.35%	2.29%	4.10%	10.29%	15.12%
Effective Tax Rate	-	-	-	1.69%	6.87%	17.49%
Revenue as Reported	1,005	-	-	8,767	-	-

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