China East Education Holdings Limited (HKG: 0667)

China East Education Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,009	3,979	3,819	4,140	3,649	3,905
Revenue Growth (YoY)	2.96%	4.18%	-7.75%	13.45%	-6.57%	19.61%
Cost of Revenue	2,047	2,070	1,928	2,028	1,680	1,625
Gross Profit	1,962	1,908	1,891	2,112	1,969	2,280
Selling, General & Admin	1,517	1,566	1,459	1,530	1,399	1,274
Research & Development	14.89	17.37	21.53	30.8	43.78	30.65
Operating Expenses	1,532	1,584	1,480	1,561	1,443	1,305
Operating Income	429.79	324.7	411.04	551.34	526.27	975.04
Interest Expense	-129.31	-139.3	-156.17	-161.12	-146.05	-131.52
Interest & Investment Income	95.46	101.07	63.61	75.83	112.45	71.6
Currency Exchange Gain (Loss)	-14.05	24.28	143.43	-73.66	-166.5	85.27
Other Non Operating Income (Expenses)	37.77	38.19	43.8	55.03	55.73	45.17
EBT Excluding Unusual Items	419.66	348.93	505.7	447.41	381.89	1,046
Gain (Loss) on Sale of Investments	29.28	20.41	-2.11	21.3	39.58	45.22
Gain (Loss) on Sale of Assets	-13.53	-5.04	-9.26	0.34	0.64	0.32
Other Unusual Items	3.7	3.7	3.69	-0.28	21.64	-21.58
Pretax Income	439.12	368.01	498.02	468.78	443.75	1,070
Income Tax Expense	98.82	95.39	130.5	166.61	186.13	221.7
Earnings From Continuing Operations	340.3	272.62	367.53	302.17	257.61	847.82
Net Income	340.3	272.62	367.53	302.17	257.61	847.82
Net Income to Common	340.3	272.62	367.53	302.17	257.61	847.82
Net Income Growth	3.41%	-25.82%	21.63%	17.29%	-69.61%	66.21%
Shares Outstanding (Basic)	2,179	2,179	2,175	2,192	2,193	1,990
Shares Outstanding (Diluted)	2,186	2,204	2,196	2,276	2,285	2,076
Shares Change (YoY)	-0.88%	0.38%	-3.51%	-0.39%	10.05%	-58.28%
EPS (Basic)	0.16	0.13	0.17	0.14	0.12	0.43
EPS (Diluted)	0.16	0.12	0.17	0.13	0.11	0.41
EPS Growth	4.49%	-26.06%	25.98%	17.73%	-72.38%	298.50%
Free Cash Flow	526.21	233.75	-329.65	214.79	779.44	1,225
Free Cash Flow Per Share	0.24	0.11	-0.15	0.09	0.34	0.59
Dividend Per Share	0.180	0.180	0.179	0.208	0.111	0.190
Dividend Growth	0.56%	0.56%	-13.94%	87.39%	-41.58%	-
Gross Margin	48.94%	47.96%	49.52%	51.02%	53.96%	58.38%
Operating Margin	10.72%	8.16%	10.76%	13.32%	14.42%	24.97%
Profit Margin	8.49%	6.85%	9.62%	7.30%	7.06%	21.71%
Free Cash Flow Margin	13.13%	5.88%	-8.63%	5.19%	21.36%	31.36%
EBITDA	743.69	641.19	730.52	864.87	850.13	1,269
EBITDA Margin	18.55%	16.12%	19.13%	20.89%	23.30%	32.50%
D&A For EBITDA	313.89	316.5	319.49	313.53	323.86	294.27
EBIT	429.79	324.7	411.04	551.34	526.27	975.04
EBIT Margin	10.72%	8.16%	10.76%	13.32%	14.42%	24.97%
Effective Tax Rate	22.50%	25.92%	26.20%	35.54%	41.95%	20.73%

Source: S&P Capital IQ. Standard template. Financial Sources.