ANTA Sports Products Limited (HKG: 2020)

ANTA Sports Products 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	66,446	62,356	53,651	49,328	35,512	33,928
Revenue Growth (YoY)	15.90%	16.23%	8.76%	38.91%	4.67%	40.78%
Cost of Revenue	24,555	23,328	21,333	18,924	14,861	15,269
Gross Profit	41,891	39,028	32,318	30,404	20,651	18,659
Selling, General & Admin	27,364	25,366	23,216	20,681	12,888	11,034
Other Operating Expenses	-1,841	-1,669	-2,099	-1,273	-1,380	-1,018
Operating Expenses	25,523	23,697	21,117	19,408	11,508	10,016
Operating Income	16,368	15,331	11,201	10,996	9,143	8,643
Interest Expense	-573	-521	-511	-443	-407	-278
Interest & Investment Income	1,849	1,473	611	394	273	169
Earnings From Equity Investments	-221	-718	28	-81	-601	-633
Currency Exchange Gain (Loss)	72	42	-1	383	-326	57
EBT Excluding Unusual Items	17,495	15,607	11,328	11,249	8,082	7,958
Gain (Loss) on Sale of Investments	1,579	-	-	-	14	54
Gain (Loss) on Sale of Assets	33	33	27	-9	-7	-3
Pretax Income	19,107	15,640	11,355	11,240	8,089	8,009
Income Tax Expense	4,705	4,363	3,110	3,021	2,520	2,385
Earnings From Continuing Operations	14,402	11,277	8,245	8,219	5,569	5,624
Minority Interest in Earnings	-1,193	-1,041	-655	-499	-407	-280
Net Income	13,209	10,236	7,590	7,720	5,162	5,344
Net Income to Common	13,209	10,236	7,590	7,720	5,162	5,344
Net Income Growth	50.96%	34.86%	-1.68%	49.55%	-3.41%	30.25%
Shares Outstanding (Basic)	2,813	2,775	2,692	2,690	2,690	2,689
Shares Outstanding (Diluted)	2,906	2,867	2,781	2,776	2,768	2,692
Shares Change (YoY)	3.66%	3.09%	0.18%	0.28%	2.82%	0.19%
EPS (Basic)	4.70	3.69	2.82	2.87	1.92	1.99
EPS (Diluted)	4.58	3.60	2.76	2.81	1.89	1.99
EPS Growth	45.23%	30.57%	-1.91%	48.49%	-4.59%	30.01%
Free Cash Flow	16,584	18,473	10,526	10,501	6,809	6,973
Free Cash Flow Per Share	5.71	6.44	3.78	3.78	2.46	2.59
Dividend Per Share	2.128	1.788	1.185	1.043	0.573	0.599
Dividend Growth	50.36%	50.86%	13.67%	82.12%	-4.40%	-12.57%
Gross Margin	63.05%	62.59%	60.24%	61.64%	58.15%	55.00%
Operating Margin	24.63%	24.59%	20.88%	22.29%	25.75%	25.47%
Profit Margin	19.88%	16.42%	14.15%	15.65%	14.54%	15.75%
Free Cash Flow Margin	24.96%	29.63%	19.62%	21.29%	19.17%	20.55%
EBITDA	17,390	16,390	12,103	11,496	9,585	9,052
EBITDA Margin	26.17%	26.28%	22.56%	23.31%	26.99%	26.68%
D&A For EBITDA	1,022	1,059	902	500	442	409
EBIT	16,368	15,331	11,201	10,996	9,143	8,643
EBIT Margin	24.63%	24.59%	20.88%	22.29%	25.75%	25.47%
Effective Tax Rate	24.62%	27.90%	27.39%	26.88%	31.15%	29.78%

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