SINOPEC Engineering (Group) Co., Ltd. (HKG: 2386)

SINOPEC Engineering (Group) 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	59,944	56,221	53,028	57,760	52,353	52,261
Revenue Growth (YoY)	15.50%	6.02%	-8.19%	10.33%	0.18%	11.15%
Cost of Revenue	54,077	50,608	47,416	51,291	46,639	46,778
Gross Profit	5,867	5,613	5,612	6,468	5,714	5,483
Selling, General & Admin	1,594	1,595	1,491	1,507	1,467	1,495
Research & Development	2,351	2,202	2,578	2,379	2,175	2,136
Other Operating Expenses	229.06	197.35	36.44	924.57	-126.01	-41.88
Operating Expenses	4,173	3,995	4,106	4,811	3,516	3,589
Operating Income	1,694	1,618	1,507	1,658	2,198	1,894
Interest Expense	-20.78	-17.96	-12.59	-13.36	-13.72	-29.37
Interest & Investment Income	1,169	1,091	1,009	954.62	881.5	897.38
Earnings From Equity Investments	17.01	18.17	16.43	18.68	15.08	24.15
Currency Exchange Gain (Loss)	-86.58	13.57	229.8	-82.99	-122.15	-40.72
EBT Excluding Unusual Items	2,773	2,723	2,749	2,534	2,958	2,745
Gain (Loss) on Sale of Investments	-	-	-	-	13.07	-
Gain (Loss) on Sale of Assets	1.03	39.44	3.33	51.18	18.06	58.87
Other Unusual Items	4.32	1.73	10.09	6.75	21.15	23.59
Pretax Income	2,778	2,764	2,762	2,592	3,011	2,827
Income Tax Expense	440.8	428.38	477.12	462.43	628.36	643.88
Earnings From Continuing Operations	2,337	2,336	2,285	2,130	2,382	2,184
Minority Interest in Earnings	-0.15	-0.23	-0.06	-0.39	-0.3	-0.06
Net Income	2,337	2,335	2,285	2,130	2,382	2,183
Net Income to Common	2,337	2,335	2,285	2,130	2,382	2,183
Net Income Growth	4.06%	2.20%	7.30%	-10.59%	9.09%	30.01%
Shares Outstanding (Basic)	4,419	4,428	4,428	4,428	4,428	4,428
Shares Outstanding (Diluted)	4,419	4,428	4,428	4,428	4,428	4,428
Shares Change (YoY)	-0.21%	-0.01%	-	-	-	-
EPS (Basic)	0.53	0.53	0.52	0.48	0.54	0.49
EPS (Diluted)	0.53	0.53	0.52	0.48	0.54	0.49
EPS Growth	4.28%	2.21%	7.30%	-10.59%	9.09%	30.01%
Free Cash Flow	-1,059	2,148	6,101	2,292	2,550	73.06
Free Cash Flow Per Share	-0.24	0.49	1.38	0.52	0.58	0.02
Dividend Per Share	0.374	0.343	0.328	0.313	0.300	0.320
Dividend Growth	13.68%	4.57%	4.79%	4.33%	-6.25%	42.86%
Gross Margin	9.79%	9.98%	10.58%	11.20%	10.91%	10.49%
Operating Margin	2.83%	2.88%	2.84%	2.87%	4.20%	3.62%
Profit Margin	3.90%	4.15%	4.31%	3.69%	4.55%	4.18%
Free Cash Flow Margin	-1.77%	3.82%	11.50%	3.97%	4.87%	0.14%
EBITDA	2,510	2,385	2,207	2,322	2,681	2,432
EBITDA Margin	4.19%	4.24%	4.16%	4.02%	5.12%	4.65%
D&A For EBITDA	816.51	767.01	700.22	664.64	483.02	538.13
EBIT	1,694	1,618	1,507	1,658	2,198	1,894
EBIT Margin	2.83%	2.88%	2.84%	2.87%	4.20%	3.62%
Effective Tax Rate	15.87%	15.50%	17.27%	17.84%	20.87%	22.77%

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