Shanghai Construction Group Co., Ltd. (SHA:600170)

SHA:600170 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	264,810	299,231	303,531	284,986	279,276	231,327
Other Revenue	985.49	985.49	1,097	1,051	1,780	-
Revenue	265,796	300,217	304,628	286,037	281,055	231,327
Revenue Growth (YoY)	-15.13%	-1.45%	6.50%	1.77%	21.50%	12.57%
Cost of Revenue	241,486	274,335	277,898	260,810	255,173	209,345
Gross Profit	24,310	25,881	26,730	25,226	25,883	21,982
Selling, General & Admin	8,557	8,571	8,665	7,856	7,962	6,708
Research & Development	10,359	11,015	10,720	9,943	9,828	7,923
Other Operating Expenses	1,051	1,093	874.48	1,181	1,112	793.49
Operating Expenses	20,919	22,118	21,894	21,134	20,672	16,698
Operating Income	3,391	3,764	4,836	4,093	5,211	5,284
Interest Expense	-2,842	-2,932	-3,157	-3,466	-3,068	-2,311
Interest & Investment Income	1,224	1,291	1,133	1,821	2,446	993.06
Currency Exchange Gain (Loss)	17.24	17.24	54.39	110.06	-33.47	-19.16
Other Non Operating Income (Expenses)	-500.27	-492.51	-226.88	-313.15	22.3	-415.31
EBT Excluding Unusual Items	1,290	1,648	2,639	2,244	4,577	3,532
Impairment of Goodwill	-6.34	-6.34	-24.83	-43.68	-31.11	-1.03
Gain (Loss) on Sale of Investments	-43.73	105.02	-256.04	-876.95	388.19	390.46
Gain (Loss) on Sale of Assets	609.03	745.76	14.61	23.84	60.21	6.69
Asset Writedown	-2.19	-10.09	-10.17	-	-	-
Other Unusual Items	635.51	635.51	591.73	923.84	288.89	486
Pretax Income	2,482	3,117	2,954	2,271	5,283	4,414
Income Tax Expense	861.58	991.97	1,296	591.04	1,235	1,191
Earnings From Continuing Operations	1,620	2,126	1,658	1,680	4,048	3,222
Minority Interest in Earnings	77.49	42.18	-100.15	-324.35	-279.32	128.54
Net Income	1,698	2,168	1,558	1,356	3,769	3,351
Preferred Dividends & Other Adjustments	-	-	-	-	-	330.76
Net Income to Common	1,698	2,168	1,558	1,356	3,769	3,020
Net Income Growth	6.65%	39.15%	14.91%	-64.03%	12.47%	-14.74%
Shares Outstanding (Basic)	8,886	12,043	12,982	13,557	10,469	8,887
Shares Outstanding (Diluted)	8,886	12,043	12,982	13,557	10,469	8,887
Shares Change (YoY)	-34.48%	-7.24%	-4.24%	29.50%	17.80%	-7.29%
EPS (Basic)	0.19	0.18	0.12	0.10	0.36	0.34
EPS (Diluted)	0.19	0.18	0.12	0.10	0.36	0.34
EPS Growth	62.78%	50.00%	20.00%	-72.22%	5.93%	-17.11%
Free Cash Flow	11,751	9,673	17,936	6,784	6,789	-2,196
Free Cash Flow Per Share	1.32	0.80	1.38	0.50	0.65	-0.25
Dividend Per Share	0.060	0.060	0.060	0.050	0.145	0.145
Dividend Growth	-	-	20.00%	-65.52%	-	3.57%
Gross Margin	9.15%	8.62%	8.77%	8.82%	9.21%	9.50%
Operating Margin	1.28%	1.25%	1.59%	1.43%	1.85%	2.28%
Profit Margin	0.64%	0.72%	0.51%	0.47%	1.34%	1.31%
Free Cash Flow Margin	4.42%	3.22%	5.89%	2.37%	2.42%	-0.95%
EBITDA	6,304	6,662	7,678	6,599	7,751	7,633
EBITDA Margin	2.37%	2.22%	2.52%	2.31%	2.76%	3.30%
D&A For EBITDA	2,913	2,899	2,842	2,506	2,541	2,348
EBIT	3,391	3,764	4,836	4,093	5,211	5,284
EBIT Margin	1.28%	1.25%	1.59%	1.43%	1.85%	2.28%
Effective Tax Rate	34.71%	31.82%	43.88%	26.02%	23.38%	26.99%
Revenue as Reported	265,796	300,217	304,628	286,037	281,055	231,327
Advertising Expenses	-	30.56	62.55	54.73	83.3	89.34

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.