Fenbi Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	2,969	3,021	2,810	3,429	2,132	1,160
Revenue Growth (YoY)	-2.38%	7.50%	-18.03%	60.81%	83.75%	-
Cost of Revenue	1,372	1,451	1,445	2,588	1,642	624.07
Gross Profit	1,597	1,570	1,366	840.87	489.93	536.24
Selling, General & Admin	1,039	1,145	1,060	1,824	889.24	258.62
Research & Development	216.48	251.35	196.59	286.96	124.39	104.12
Other Operating Expenses	-18.76	-21.41	-34.71	-28.78	-2.61	-8.02
Operating Expenses	1,237	1,375	1,222	2,082	1,011	354.71
Operating Income	360.55	194.49	143.37	-1,241	-521.08	181.53
Interest Expense	-5.38	-6.08	-12.03	-20	-7.24	-1.42
Interest & Investment Income	52.9	47.95	9.2	2.23	1.36	1.15
Currency Exchange Gain (Loss)	3.65	-27.47	-125.27	12.34	-	-1.75
Other Non Operating Income (Expenses)	-	-4.85	-2,032	-582.96	-	-
EBT Excluding Unusual Items	411.73	204.03	-2,017	-1,830	-526.96	179.52
Merger & Restructuring Charges	-	-	-	-31.3	-	-
Gain (Loss) on Sale of Investments	9.64	6.12	8.86	19.51	9.78	4.82
Gain (Loss) on Sale of Assets	-0.62	-1.09	-8.23	-3.66	-0.03	0
Other Unusual Items	-3.38	-4.11	-29.63	-212.76	0.05	-0.3
Pretax Income	416.54	204.95	-2,046	-2,058	-517.17	184.04
Income Tax Expense	31.71	16.39	43.18	-11.96	-32.7	29.97
Net Income	384.83	188.57	-2,089	-2,046	-484.47	154.07
Net Income to Common	384.83	188.57	-2,089	-2,046	-484.47	154.07
Shares Outstanding (Basic)	2,219	2,154	729	729	729	729
Shares Outstanding (Diluted)	2,261	2,226	729	729	729	764
Shares Change (YoY)	63.54%	205.57%	-	-	-4.64%	-
EPS (Basic)	0.17	0.09	-2.87	-2.81	-0.66	0.21
EPS (Diluted)	0.17	0.08	-2.87	-2.81	-0.66	0.20
Free Cash Flow	394.71	531.59	-120	-1,134	323.55	420.95
Free Cash Flow Per Share	0.17	0.24	-0.16	-1.56	0.44	0.55
Gross Margin	53.79%	51.96%	48.59%	24.53%	22.98%	46.22%
Operating Margin	12.14%	6.44%	5.10%	-36.21%	-24.44%	15.64%
Profit Margin	12.96%	6.24%	-74.32%	-59.67%	-22.72%	13.28%
Free Cash Flow Margin	13.29%	17.59%	-4.27%	-33.08%	15.18%	36.28%
EBITDA	391.8	234.12	201.88	-1,163	-502.2	187.09
EBITDA Margin	13.19%	7.75%	7.18%	-33.93%	-23.55%	16.12%
D&A For EBITDA	31.25	39.63	58.52	78	18.88	5.56
EBIT	360.55	194.49	143.37	-1,241	-521.08	181.53
EBIT Margin	12.14%	6.44%	5.10%	-36.21%	-24.44%	15.64%
Effective Tax Rate	7.61%	8.00%	-	-	-	16.28%
Advertising Expenses	-	120.44	72.93	142.81	103.88	41.85

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