China National Building Material Company Limited (HKG: 3323)

China National Building Material Company 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	184,869	210,216	233,880	275,619	254,843	253,403
Revenue Growth (YoY)	-14.88%	-10.12%	-15.14%	8.15%	0.57%	15.71%
Cost of Revenue	152,693	172,770	194,036	209,892	187,995	184,915
Gross Profit	32,176	37,446	39,843	65,726	66,847	68,487
Selling, General & Admin	24,766	24,626	24,186	28,406	26,115	29,249
Operating Expenses	24,183	24,819	24,583	29,267	27,988	31,188
Operating Income	7,993	12,628	15,260	36,459	38,859	37,299
Interest Expense	-5,938	-5,947	-6,793	-8,138	-7,999	-9,543
Interest & Investment Income	311.36	804.58	882.62	5,482	4,989	4,305
Earnings From Equity Investments	1,509	1,509	3,040	4,017	3,274	2,459
Other Non Operating Income (Expenses)	3,728	4,017	3,965	-837.29	-1,146	-2,032
EBT Excluding Unusual Items	7,602	13,011	16,355	36,983	37,979	32,488
Impairment of Goodwill	-176.22	-176.22	-121.12	-2,864	-4,211	-5,839
Gain (Loss) on Sale of Investments	-341.89	-1,047	-1,492	13.54	-145.98	1,211
Gain (Loss) on Sale of Assets	118.98	141.6	3,380	1,734	1,214	-660.37
Asset Writedown	-50.3	-14.47	-298.63	-2,341	-4,973	-
Other Unusual Items	604.21	604.21	185.14	183.7	197.76	247.81
Pretax Income	7,757	12,520	18,010	33,709	30,060	27,448
Income Tax Expense	1,861	2,119	2,606	7,996	8,396	9,019
Earnings From Continuing Operations	5,896	10,401	15,403	25,714	21,664	18,429
Minority Interest in Earnings	-4,519	-5,986	-6,585	-8,619	-8,110	-6,283
Net Income	1,377	4,415	8,818	17,095	13,555	12,145
Preferred Dividends & Other Adjustments	551.81	551.81	688.55	794.71	991.81	1,170
Net Income to Common	825.42	3,863	8,130	16,300	12,563	10,975
Net Income Growth	-65.43%	-49.93%	-48.42%	26.12%	11.60%	36.27%
Shares Outstanding (Basic)	8,435	8,435	8,435	8,435	8,435	8,435
Shares Outstanding (Diluted)	8,435	8,435	8,435	8,435	8,435	8,435
EPS (Basic)	0.10	0.46	0.96	1.93	1.49	1.30
EPS (Diluted)	0.09	0.45	0.96	1.93	1.49	1.30
EPS Growth	-77.00%	-53.31%	-50.13%	29.75%	14.47%	38.37%
Free Cash Flow	7,407	11,027	585.31	22,387	44,898	40,952
Free Cash Flow Per Share	0.88	1.31	0.07	2.65	5.32	4.86
Dividend Per Share	0.229	0.229	0.378	0.693	0.470	0.350
Dividend Growth	-39.42%	-39.42%	-45.45%	47.45%	34.29%	94.44%
Gross Margin	17.40%	17.81%	17.04%	23.85%	26.23%	27.03%
Operating Margin	4.32%	6.01%	6.52%	13.23%	15.25%	14.72%
Profit Margin	0.45%	1.84%	3.48%	5.91%	4.93%	4.33%
Free Cash Flow Margin	4.01%	5.25%	0.25%	8.12%	17.62%	16.16%
EBITDA	22,521	26,543	28,358	48,973	50,894	48,941
EBITDA Margin	12.18%	12.63%	12.13%	17.77%	19.97%	19.31%
D&A For EBITDA	14,528	13,915	13,098	12,515	12,034	11,642
EBIT	7,993	12,628	15,260	36,459	38,859	37,299
EBIT Margin	4.32%	6.01%	6.52%	13.23%	15.25%	14.72%
Effective Tax Rate	23.99%	16.93%	14.47%	23.72%	27.93%	32.86%

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