Western Mining Co.,Ltd.

601168.SS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

7,004

Cost of Revenue

5,631

Gross Profit

1,372

Gross Margin

19.6%

Operating Income

857

Operating Margin

12.2%

Net Income

410

Net Margin

5.9%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,310

EBITDA Margin

18.7%

2023

12/31/2023

Revenue

5,985

Cost of Revenue

4,911

Gross Profit

1,074

Gross Margin

17.9%

Operating Income

712

Operating Margin

11.9%

Net Income

390

Net Margin

6.5%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,053

EBITDA Margin

17.6%

2022

12/31/2022

Revenue

5,633

Cost of Revenue

4,560

Gross Profit

1,074

Gross Margin

19.1%

Operating Income

764

Operating Margin

13.6%

Net Income

478

Net Margin

8.5%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,051

EBITDA Margin

18.7%

2021

12/31/2021

Revenue

5,390

Cost of Revenue

4,263

Gross Profit

1,127

Gross Margin

20.9%

Operating Income

705

Operating Margin

13.1%

Net Income

410

Net Margin

7.6%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

1,134

EBITDA Margin

21.0%

2020

12/31/2020

Revenue

4,014

Cost of Revenue

3,464

Gross Profit

550

Gross Margin

13.7%

Operating Income

240

Operating Margin

6.0%

Net Income

127

Net Margin

3.2%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

556

EBITDA Margin

13.9%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	7,004	5,985	5,633	5,390	4,014
Cost of Revenue	5,631	4,911	4,560	4,263	3,464
Gross Profit	1,372	1,074	1,074	1,127	550
Gross Margin	19.6%	17.9%	19.1%	20.9%	13.7%
Operating Income	857	712	764	705	240
Operating Margin	12.2%	11.9%	13.6%	13.1%	6.0%
Net Income	410	390	478	410	127
Net Margin	5.9%	6.5%	8.5%	7.6%	3.2%
EPS (Basic)	$0.00	$0.00	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00
EBITDA	1,310	1,053	1,051	1,134	556
EBITDA Margin	18.7%	17.6%	18.7%	21.0%	13.9%