Western Mining Co.,Ltd. (SHA:601168)

Western Mining 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	54,651	49,083	42,177	39,427	37,044	28,152
Other Revenue	942.21	942.21	571.53	811.81	1,456	522.47
Revenue	55,593	50,026	42,748	40,238	38,500	28,674
Revenue Growth (YoY)	31.90%	17.02%	6.24%	4.52%	34.27%	-6.19%
Cost of Revenue	44,938	40,222	35,076	32,568	30,453	24,745
Gross Profit	10,655	9,803	7,673	7,670	8,046	3,930
Selling, General & Admin	1,117	1,049	930.61	805.01	786.23	658.87
Research & Development	697.72	621.17	574.16	400.42	293.98	153.37
Other Operating Expenses	929.06	872.34	659.22	717.85	699.95	394.17
Operating Expenses	2,729	2,545	2,164	1,923	1,784	1,206
Operating Income	7,927	7,258	5,509	5,747	6,263	2,723
Interest Expense	-760.34	-753.48	-850.64	-736.5	-913.36	-855.69
Interest & Investment Income	-	22.51	353.11	675.63	49.26	60.35
Currency Exchange Gain (Loss)	2.01	2.01	1.92	6.99	-6.34	20.28
Other Non Operating Income (Expenses)	-39.69	-31.39	-6.68	-162.71	-144.22	-17.53
EBT Excluding Unusual Items	7,129	6,498	5,006	5,530	5,248	1,931
Gain (Loss) on Sale of Investments	-196.19	39.6	72.96	118.54	-190.46	-257
Gain (Loss) on Sale of Assets	-0.3	-0.25	-374.78	-5.94	-2.19	-81.94
Asset Writedown	-363.37	-421.19	-	-180.48	-50.29	-1.48
Other Unusual Items	-123.72	-123.72	14.69	148.45	115.85	57.94
Pretax Income	6,445	5,992	4,719	5,610	5,121	1,648
Income Tax Expense	788.36	698.69	485.98	578.04	563.94	304.82
Earnings From Continuing Operations	5,657	5,294	4,233	5,032	4,557	1,344
Minority Interest in Earnings	-2,654	-2,362	-1,444	-1,615	-1,625	-436.69
Net Income	3,002	2,932	2,789	3,417	2,932	906.83
Net Income to Common	3,002	2,932	2,789	3,417	2,932	906.83
Net Income Growth	5.48%	5.10%	-18.38%	16.56%	223.32%	-9.96%
Shares Outstanding (Basic)	2,383	2,383	2,384	2,390	2,384	2,386
Shares Outstanding (Diluted)	2,383	2,383	2,384	2,390	2,384	2,386
Shares Change (YoY)	-0.39%	-0.03%	-0.24%	0.26%	-0.11%	-0.48%
EPS (Basic)	1.26	1.23	1.17	1.43	1.23	0.38
EPS (Diluted)	1.26	1.23	1.17	1.43	1.23	0.38
EPS Growth	5.89%	5.13%	-18.18%	16.26%	223.68%	-9.52%
Free Cash Flow	6,727	4,956	3,351	8,403	4,880	-1,366
Free Cash Flow Per Share	2.82	2.08	1.41	3.52	2.05	-0.57
Dividend Per Share	1.000	1.000	0.500	1.400	0.200	0.120
Dividend Growth	100.00%	100.00%	-64.29%	600.00%	66.67%	20.00%
Gross Margin	19.17%	19.60%	17.95%	19.06%	20.90%	13.71%
Operating Margin	14.26%	14.51%	12.89%	14.28%	16.27%	9.50%
Profit Margin	5.40%	5.86%	6.53%	8.49%	7.61%	3.16%
Free Cash Flow Margin	12.10%	9.91%	7.84%	20.88%	12.68%	-4.76%
EBITDA	10,043	9,354	7,521	7,507	8,099	3,972
EBITDA Margin	18.07%	18.70%	17.59%	18.66%	21.04%	13.85%
D&A For EBITDA	2,116	2,095	2,012	1,760	1,836	1,249
EBIT	7,927	7,258	5,509	5,747	6,263	2,723
EBIT Margin	14.26%	14.51%	12.89%	14.28%	16.27%	9.50%
Effective Tax Rate	12.23%	11.66%	10.30%	10.30%	11.01%	18.49%
Revenue as Reported	55,593	50,026	42,748	40,238	38,500	28,674

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