Newborn Town Inc. (HKG: 9911)

Newborn Town 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	4,205	3,308	2,800	2,360	1,182	389.69
Revenue Growth (YoY)	50.18%	18.15%	18.64%	99.71%	203.22%	40.84%
Cost of Revenue	2,049	1,586	1,742	1,356	424.08	128.17
Gross Profit	2,156	1,722	1,058	1,003	757.52	261.51
Selling, General & Admin	1,118	860.43	595.88	1,235	538.85	145.04
Research & Development	341.98	314.52	212.07	130.86	58.53	20.27
Other Operating Expenses	8.72	-1.27	-0.51	-3.25	-3.8	-0.51
Operating Expenses	1,470	1,176	808.75	1,378	601.11	164.8
Operating Income	685.8	546.41	249.16	-374.47	156.4	96.71
Interest Expense	-8.82	-5.95	-1.51	-5.83	-3.71	-0.1
Interest & Investment Income	42.72	21.46	0.98	2.21	1.8	21.17
Earnings From Equity Investments	12.37	47.31	18.65	-0.21	-0.01	-
Currency Exchange Gain (Loss)	-38.6	4.85	20.01	-25.24	-29.36	3.02
Other Non Operating Income (Expenses)	-0.88	-0.59	-0.29	-0.17	-	-
EBT Excluding Unusual Items	692.59	613.49	287.01	-403.69	125.13	120.81
Impairment of Goodwill	-	-	-	-	-5.03	-
Gain (Loss) on Sale of Investments	152.73	159.27	0.37	9.81	10.08	22.4
Other Unusual Items	-	-	-	-	-	-64.82
Pretax Income	845.32	772.76	287.38	-393.88	130.18	78.39
Income Tax Expense	-0.64	12.15	0.04	-6.76	15.84	9.97
Earnings From Continuing Operations	845.96	760.61	287.34	-387.13	114.34	68.42
Minority Interest in Earnings	-293.74	-247.77	-157.2	100.84	-74.66	-
Net Income	552.22	512.85	130.14	-286.28	39.69	68.42
Net Income to Common	552.22	512.85	130.14	-286.28	39.69	68.42
Net Income Growth	137.28%	294.09%	-	-	-41.99%	14.53%
Shares Outstanding (Basic)	1,142	1,148	1,143	999	999	835
Shares Outstanding (Diluted)	1,142	1,149	1,155	999	999	835
Shares Change (YoY)	-1.12%	-0.56%	15.62%	0.03%	19.67%	-3.67%
EPS (Basic)	0.48	0.45	0.11	-0.29	0.04	0.08
EPS (Diluted)	0.48	0.45	0.11	-0.29	0.04	0.08
EPS Growth	137.54%	295.67%	-	-	-51.52%	18.89%
Free Cash Flow	924.85	744.12	301.74	389.85	293.6	175.34
Free Cash Flow Per Share	0.81	0.65	0.26	0.39	0.29	0.21
Gross Margin	51.28%	52.06%	37.79%	42.52%	64.11%	67.11%
Operating Margin	16.31%	16.52%	8.90%	-15.87%	13.24%	24.82%
Profit Margin	13.13%	15.50%	4.65%	-12.13%	3.36%	17.56%
Free Cash Flow Margin	21.99%	22.50%	10.78%	16.52%	24.85%	44.99%
EBITDA	725.24	593.09	291.38	-333.18	176.79	97.19
EBITDA Margin	17.25%	17.93%	10.41%	-14.12%	14.96%	24.94%
D&A For EBITDA	39.44	46.68	42.22	41.29	20.38	0.48
EBIT	685.8	546.41	249.16	-374.47	156.4	96.71
EBIT Margin	16.31%	16.52%	8.90%	-15.87%	13.24%	24.82%
Effective Tax Rate	-	1.57%	0.02%	-	12.17%	12.72%
Advertising Expenses	-	-	-	498.58	-	114.22

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