Yadea Group Holdings Ltd. (HKG: 1585)

Yadea Group 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	32,135	34,763	31,059	26,968	19,360	11,968
Revenue Growth (YoY)	-5.62%	11.92%	15.17%	39.29%	61.76%	20.69%
Cost of Revenue	26,531	28,878	25,445	22,866	16,287	9,890
Gross Profit	5,605	5,885	5,614	4,101	3,073	2,078
Selling, General & Admin	2,275	2,541	2,254	2,101	1,532	1,277
Research & Development	1,128	1,192	1,106	843.69	605.22	386.14
Other Operating Expenses	-412.8	-531.54	-191.18	-95.67	-66.76	-45.55
Operating Expenses	2,990	3,201	3,169	2,849	2,071	1,618
Operating Income	2,615	2,684	2,445	1,253	1,002	460.58
Interest Expense	-41.98	-44.24	-59.4	-15.28	-4.55	-2.22
Interest & Investment Income	348.56	305.68	179.56	81.15	20.21	28.51
Earnings From Equity Investments	-61.22	-67.89	-32.93	-15.03	-2.37	-
Currency Exchange Gain (Loss)	-33.25	27.53	20.71	-7.63	-4.1	0.46
EBT Excluding Unusual Items	2,827	2,905	2,553	1,296	1,012	487.33
Gain (Loss) on Sale of Investments	70.22	128.74	77.99	232.65	186.29	112.14
Gain (Loss) on Sale of Assets	-9.54	-13.72	-15.7	-21.52	-11.08	0.74
Pretax Income	2,888	3,020	2,615	1,507	1,187	600.22
Income Tax Expense	400.3	379.79	432.27	140.34	227.49	91.52
Earnings From Continuing Operations	2,487	2,640	2,183	1,367	959.29	508.69
Minority Interest in Earnings	-0.86	-	-21.91	2.85	-1.9	-3.86
Net Income	2,486	2,640	2,161	1,369	957.39	504.83
Net Income to Common	2,486	2,640	2,161	1,369	957.39	504.83
Net Income Growth	1.49%	22.17%	57.80%	43.04%	89.64%	17.12%
Shares Outstanding (Basic)	2,996	2,985	2,921	2,862	2,863	2,955
Shares Outstanding (Diluted)	2,996	3,000	2,963	2,916	2,919	2,955
Shares Change (YoY)	-0.22%	1.28%	1.61%	-0.12%	-1.23%	-1.48%
EPS (Basic)	0.83	0.88	0.74	0.48	0.33	0.17
EPS (Diluted)	0.83	0.88	0.73	0.47	0.33	0.17
EPS Growth	1.64%	20.71%	55.11%	43.29%	92.02%	18.89%
Free Cash Flow	-1,137	2,411	2,431	2,738	1,652	2,361
Free Cash Flow Per Share	-0.38	0.80	0.82	0.94	0.57	0.80
Dividend Per Share	0.436	0.436	0.354	0.228	0.160	-
Dividend Growth	23.14%	23.14%	55.11%	42.58%	-	-
Gross Margin	17.44%	16.93%	18.07%	15.21%	15.87%	17.36%
Operating Margin	8.14%	7.72%	7.87%	4.65%	5.18%	3.85%
Profit Margin	7.74%	7.59%	6.96%	5.08%	4.95%	4.22%
Free Cash Flow Margin	-3.54%	6.93%	7.83%	10.15%	8.53%	19.73%
EBITDA	2,915	2,991	2,718	1,430	1,120	548.26
EBITDA Margin	9.07%	8.60%	8.75%	5.30%	5.79%	4.58%
D&A For EBITDA	300.57	306.65	272.71	177.83	117.65	87.68
EBIT	2,615	2,684	2,445	1,253	1,002	460.58
EBIT Margin	8.14%	7.72%	7.87%	4.64%	5.18%	3.85%
Effective Tax Rate	13.86%	12.58%	16.53%	9.31%	19.17%	15.25%
Advertising Expenses	-	372.59	403.07	364.72	281.94	264.34

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