China Shipbuilding Industry Group Power Co., Ltd. (SHA:600482)

SHA:600482 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	52,166	51,256	44,706	37,856	34,282	26,508
Other Revenue	440.6	440.6	396.75	424.3	386.57	506.45
Revenue	52,606	51,697	45,103	38,280	34,669	27,014
Revenue Growth (YoY)	11.12%	14.62%	17.82%	10.42%	28.34%	-9.02%
Cost of Revenue	44,469	44,337	39,729	33,809	30,608	23,659
Gross Profit	8,137	7,360	5,373	4,471	4,061	3,355
Selling, General & Admin	2,840	2,844	2,552	2,457	2,258	1,725
Research & Development	2,549	2,443	2,109	1,676	1,470	815.31
Other Operating Expenses	-16.56	-56.49	134.58	161.15	107.81	366.23
Operating Expenses	5,416	5,266	4,842	4,424	3,850	3,151
Operating Income	2,721	2,094	531.39	47.33	210.8	204.64
Interest Expense	-186.87	-223.33	-262.97	-221.77	-182.91	-195.72
Interest & Investment Income	728.22	725.42	707.33	383	265.57	242.85
Currency Exchange Gain (Loss)	24.18	24.18	-13.03	70.76	-2.22	-16.05
Other Non Operating Income (Expenses)	-78.91	-40.39	-13.54	-0.27	261.33	177.86
EBT Excluding Unusual Items	3,207	2,580	949.18	279.06	552.57	413.59
Gain (Loss) on Sale of Investments	0.07	-	22.26	18.52	12.59	-
Gain (Loss) on Sale of Assets	21.97	20.8	0.88	22.97	42.86	3.32
Asset Writedown	-20.72	-26.51	1.85	-43.99	-43.29	-17.08
Legal Settlements	-9.29	-9.29	-12.19	-5.83	-5.66	-8.07
Other Unusual Items	268.74	265.73	198.61	198.22	229.12	271.01
Pretax Income	3,468	2,831	1,161	468.95	788.18	662.77
Income Tax Expense	327.22	277.82	102.23	82.72	101.35	84.84
Earnings From Continuing Operations	3,141	2,553	1,058	386.23	686.83	577.93
Minority Interest in Earnings	-1,442	-1,162	-278.88	-50.51	-51.9	-35.07
Net Income	1,698	1,391	779.49	335.72	634.94	542.86
Net Income to Common	1,698	1,391	779.49	335.72	634.94	542.86
Net Income Growth	103.47%	78.43%	132.18%	-47.13%	16.96%	-45.23%
Shares Outstanding (Basic)	2,219	2,208	2,165	2,098	2,189	1,939
Shares Outstanding (Diluted)	2,311	2,280	2,165	2,098	2,189	1,939
Shares Change (YoY)	6.62%	5.30%	3.19%	-4.16%	12.93%	13.46%
EPS (Basic)	0.77	0.63	0.36	0.16	0.29	0.28
EPS (Diluted)	0.73	0.61	0.36	0.16	0.29	0.28
EPS Growth	90.83%	69.44%	125.00%	-44.83%	3.57%	-51.72%
Free Cash Flow	13,571	13,315	3,674	1,811	4,335	-1,062
Free Cash Flow Per Share	5.87	5.84	1.70	0.86	1.98	-0.55
Dividend Per Share	0.186	0.186	0.106	0.046	0.086	-
Dividend Growth	74.80%	74.80%	129.13%	-46.00%	-	-
Gross Margin	15.47%	14.24%	11.91%	11.68%	11.71%	12.42%
Operating Margin	5.17%	4.05%	1.18%	0.12%	0.61%	0.76%
Profit Margin	3.23%	2.69%	1.73%	0.88%	1.83%	2.01%
Free Cash Flow Margin	25.80%	25.76%	8.14%	4.73%	12.50%	-3.93%
EBITDA	4,101	3,453	1,806	1,298	1,345	1,006
EBITDA Margin	7.80%	6.68%	4.00%	3.39%	3.88%	3.72%
D&A For EBITDA	1,381	1,359	1,274	1,250	1,134	800.94
EBIT	2,721	2,094	531.39	47.33	210.8	204.64
EBIT Margin	5.17%	4.05%	1.18%	0.12%	0.61%	0.76%
Effective Tax Rate	9.44%	9.81%	8.81%	17.64%	12.86%	12.80%
Revenue as Reported	52,606	51,697	45,103	38,280	34,669	27,014
Advertising Expenses	-	8.79	7.55	8.32	10.73	15.87

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