Xtep International Holdings Limited (HKG: 1368)

Xtep International 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	15,026	14,346	12,930	10,013	8,172	8,183
Revenue Growth (YoY)	9.13%	10.94%	29.13%	22.53%	-0.13%	28.19%
Cost of Revenue	8,459	8,296	7,639	5,842	4,973	4,632
Gross Profit	6,567	6,050	5,292	4,171	3,198	3,550
Selling, General & Admin	5,255	4,909	4,144	3,081	2,588	2,625
Other Operating Expenses	-309.35	-349.31	-252.45	-215.12	-207.69	-154.72
Operating Expenses	4,945	4,559	3,892	2,865	2,380	2,470
Operating Income	1,622	1,490	1,400	1,306	818.53	1,080
Interest Expense	-177.14	-184.44	-108.14	-77.2	-139.59	-136.27
Interest & Investment Income	88.54	110.82	89.72	110.62	100.9	129.83
Earnings From Equity Investments	25.72	14.74	-12.11	-46.16	-17	-1.98
Other Non Operating Income (Expenses)	-2.72	-2.36	-8.54	-7.34	-4.25	-4.05
EBT Excluding Unusual Items	1,556	1,429	1,361	1,286	758.59	1,068
Gain (Loss) on Sale of Assets	19.06	20	-	-	3.05	53.18
Asset Writedown	-	-	-	-13.7	-	-
Other Unusual Items	4.97	-	-	-	-	-
Pretax Income	1,578	1,449	1,361	1,287	761.64	1,121
Income Tax Expense	464.03	416.15	448.71	397.43	256.62	389.7
Earnings From Continuing Operations	1,114	1,033	912.28	889.39	505.02	731.45
Minority Interest in Earnings	2.74	-3.04	9.42	18.95	8.01	-3.8
Net Income	1,117	1,030	921.69	908.34	513.03	727.65
Net Income to Common	1,117	1,030	921.69	908.34	513.03	727.65
Net Income Growth	12.04%	11.75%	1.47%	77.05%	-29.50%	10.84%
Shares Outstanding (Basic)	2,533	2,527	2,518	2,499	2,463	2,368
Shares Outstanding (Diluted)	2,635	2,636	2,581	2,558	2,486	2,411
Shares Change (YoY)	0.99%	2.15%	0.90%	2.88%	3.13%	8.32%
EPS (Basic)	0.44	0.41	0.37	0.36	0.21	0.31
EPS (Diluted)	0.43	0.40	0.36	0.36	0.21	0.30
EPS Growth	10.17%	10.85%	0.56%	72.04%	-31.63%	2.34%
Free Cash Flow	1,493	866.41	197.68	286.98	113.48	681.1
Free Cash Flow Per Share	0.57	0.33	0.08	0.11	0.05	0.28
Dividend Per Share	0.215	0.199	0.175	0.207	0.117	0.174
Dividend Growth	14.36%	13.71%	-15.46%	76.92%	-32.76%	-0.94%
Gross Margin	43.70%	42.17%	40.92%	41.66%	39.14%	43.39%
Operating Margin	10.79%	10.39%	10.83%	13.04%	10.02%	13.20%
Profit Margin	7.43%	7.18%	7.13%	9.07%	6.28%	8.89%
Free Cash Flow Margin	9.94%	6.04%	1.53%	2.87%	1.39%	8.32%
EBITDA	1,791	1,653	1,534	1,392	899.3	1,171
EBITDA Margin	11.92%	11.52%	11.86%	13.90%	11.00%	14.31%
D&A For EBITDA	169.82	162.86	133.74	86.55	80.77	90.68
EBIT	1,622	1,490	1,400	1,306	818.53	1,080
EBIT Margin	10.79%	10.39%	10.83%	13.04%	10.02%	13.20%
Effective Tax Rate	29.41%	28.72%	32.97%	30.88%	33.69%	34.76%
Advertising Expenses	-	1,962	1,537	1,020	917.1	1,178

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