Xinyi Glass Holdings Limited (HKG: 0868)

Xinyi Glass Holdings Income Statement

Financials in millions HKD. 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	25,984	26,799	25,746	30,459	18,616	16,258
Revenue Growth (YoY)	5.12%	4.09%	-15.47%	63.62%	14.50%	1.52%
Cost of Revenue	16,985	18,187	17,060	14,682	10,844	10,375
Gross Profit	8,999	8,612	8,686	15,777	7,771	5,883
Selling, General & Admin	3,596	3,574	4,198	4,008	2,748	2,632
Other Operating Expenses	-722.85	-596.88	-452.9	-460.07	-332.1	-438.77
Operating Expenses	2,882	2,981	3,752	3,574	2,431	2,193
Operating Income	6,117	5,631	4,935	12,203	5,340	3,690
Interest Expense	-357.39	-503.41	-371.54	-155.06	-192.77	-273.92
Interest & Investment Income	112.6	197	110.85	66.37	37.77	91.99
Earnings From Equity Investments	1,129	1,007	922.79	1,186	1,124	639.61
Currency Exchange Gain (Loss)	30.59	52.56	226.53	-106.23	-177.24	107.4
EBT Excluding Unusual Items	7,032	6,385	5,823	13,194	6,132	4,255
Gain (Loss) on Sale of Investments	41.82	9.11	275.17	259.39	1,250	727.82
Gain (Loss) on Sale of Assets	73.23	-23.95	-47.2	-214.73	-61.67	-16.25
Asset Writedown	-32.25	-32.25	-53.73	-133.71	3.23	22.06
Other Unusual Items	-	-	-	393.57	-	-
Pretax Income	7,122	6,344	6,000	13,502	7,330	5,016
Income Tax Expense	1,160	965.64	855.76	1,931	899.08	533.13
Earnings From Continuing Operations	5,962	5,379	5,144	11,571	6,431	4,483
Net Income to Company	5,962	5,379	5,144	11,571	6,431	4,483
Minority Interest in Earnings	-14.84	-13.59	-17.05	-14.79	-9.05	-4.89
Net Income	5,947	5,365	5,127	11,556	6,422	4,478
Net Income to Common	5,947	5,365	5,127	11,556	6,422	4,478
Net Income Growth	49.80%	4.64%	-55.63%	79.94%	43.42%	5.69%
Shares Outstanding (Basic)	4,204	4,152	4,049	4,027	4,027	4,006
Shares Outstanding (Diluted)	4,206	4,160	4,073	4,077	4,042	4,018
Shares Change (YoY)	2.29%	2.14%	-0.09%	0.86%	0.59%	-0.42%
EPS (Basic)	1.41	1.29	1.27	2.87	1.59	1.12
EPS (Diluted)	1.41	1.29	1.26	2.83	1.59	1.11
EPS Growth	46.45%	2.48%	-55.60%	78.42%	42.55%	6.13%
Free Cash Flow	1,834	2,139	4,740	8,550	1,305	904.41
Free Cash Flow Per Share	0.44	0.51	1.16	2.10	0.32	0.23
Dividend Per Share	0.680	0.630	0.620	1.420	0.790	0.550
Dividend Growth	41.67%	1.61%	-56.34%	79.75%	43.64%	5.77%
Gross Margin	34.63%	32.14%	33.74%	51.80%	41.75%	36.19%
Operating Margin	23.54%	21.01%	19.17%	40.06%	28.69%	22.70%
Profit Margin	22.89%	20.02%	19.91%	37.94%	34.50%	27.54%
Free Cash Flow Margin	7.06%	7.98%	18.41%	28.07%	7.01%	5.56%
EBITDA	7,595	7,013	6,293	13,605	6,411	4,680
EBITDA Margin	29.23%	26.17%	24.44%	44.67%	34.44%	28.78%
D&A For EBITDA	1,477	1,382	1,359	1,402	1,071	989.85
EBIT	6,117	5,631	4,935	12,203	5,340	3,690
EBIT Margin	23.54%	21.01%	19.17%	40.06%	28.69%	22.70%
Effective Tax Rate	16.29%	15.22%	14.26%	14.30%	12.27%	10.63%
Advertising Expenses	-	7.98	4.71	3.88	8.16	26.49

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