Yantai Jereh Oilfield Services Group Co., Ltd. (SHE:002353)

SHE:002353 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	13,840	13,285	13,872	11,375	8,746	8,276
Other Revenue	70.32	70.32	39.67	34.35	30.28	18.9
Revenue	13,910	13,355	13,912	11,409	8,776	8,295
Revenue Growth (YoY)	1.07%	-4.00%	21.94%	30.00%	5.80%	19.78%
Cost of Revenue	9,348	8,880	9,390	7,684	5,794	5,194
Gross Profit	4,563	4,475	4,522	3,725	2,982	3,101
Selling, General & Admin	1,054	1,001	940.95	870.04	781	644.39
Research & Development	528.61	505.72	511.2	366.9	316.35	303.93
Other Operating Expenses	38.66	17.17	57.27	45.23	58.35	46.59
Operating Expenses	1,839	1,825	1,768	1,626	1,267	993.69
Operating Income	2,724	2,650	2,754	2,100	1,716	2,108
Interest Expense	-175.64	-164.72	-114.49	-86.78	-58.9	-90.17
Interest & Investment Income	710.83	670.58	308.6	272.37	172.26	132.24
Currency Exchange Gain (Loss)	28.19	28.19	-27.61	235.89	-48.51	-122.01
Other Non Operating Income (Expenses)	15.36	-34.13	-9.81	12.26	-16.82	-18.82
EBT Excluding Unusual Items	3,303	3,150	2,911	2,533	1,764	2,009
Impairment of Goodwill	-	-	-	-	-	-21.96
Gain (Loss) on Sale of Investments	2.83	9.56	-10.46	19.04	2.84	3.92
Gain (Loss) on Sale of Assets	5.94	5.89	0.95	4.67	1.67	-0.48
Asset Writedown	-12.52	-7.59	-22.25	-2.2	-2.19	-5.85
Other Unusual Items	-0.64	-0.64	50.32	58.57	118.85	11.77
Pretax Income	3,299	3,158	2,930	2,613	1,885	1,996
Income Tax Expense	518.44	472.03	436.22	325.41	273.03	274.14
Earnings From Continuing Operations	2,780	2,686	2,493	2,288	1,612	1,722
Minority Interest in Earnings	-62.77	-58.52	-39.11	-43.09	-25.66	-31.7
Net Income	2,717	2,627	2,454	2,245	1,586	1,690
Net Income to Common	2,717	2,627	2,454	2,245	1,586	1,690
Net Income Growth	9.64%	7.03%	9.33%	41.55%	-6.17%	24.23%
Shares Outstanding (Basic)	1,014	1,014	1,014	1,020	955	955
Shares Outstanding (Diluted)	1,014	1,014	1,014	1,020	955	955
Shares Change (YoY)	-0.31%	0.01%	-0.61%	6.80%	0.04%	-0.34%
EPS (Basic)	2.68	2.59	2.42	2.20	1.66	1.77
EPS (Diluted)	2.68	2.59	2.42	2.20	1.66	1.77
EPS Growth	9.98%	7.03%	10.00%	32.53%	-6.21%	24.65%
Free Cash Flow	2,393	1,515	-661.78	-519.83	445.63	-235.14
Free Cash Flow Per Share	2.36	1.49	-0.65	-0.51	0.47	-0.25
Dividend Per Share	0.810	0.810	0.490	0.331	0.180	0.180
Dividend Growth	65.31%	65.31%	48.11%	83.80%	-	12.50%
Gross Margin	32.80%	33.51%	32.51%	32.65%	33.98%	37.39%
Operating Margin	19.58%	19.85%	19.80%	18.40%	19.55%	25.41%
Profit Margin	19.53%	19.67%	17.64%	19.68%	18.07%	20.38%
Free Cash Flow Margin	17.20%	11.35%	-4.76%	-4.56%	5.08%	-2.83%
EBITDA	3,514	3,407	3,381	2,664	2,130	2,442
EBITDA Margin	25.26%	25.52%	24.30%	23.35%	24.27%	29.44%
D&A For EBITDA	789.61	756.99	626.53	564.1	414.25	334.51
EBIT	2,724	2,650	2,754	2,100	1,716	2,108
EBIT Margin	19.58%	19.85%	19.80%	18.40%	19.55%	25.41%
Effective Tax Rate	15.72%	14.95%	14.89%	12.45%	14.49%	13.73%
Revenue as Reported	13,910	13,355	13,912	11,409	8,776	8,295
Advertising Expenses	-	-	-	-	-	7

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