Hisense Home Appliances Group Co., Ltd. (HISEF)

HISEF 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	82,639	76,959	67,495	60,762	43,845	34,197
Other Revenue	8,641	8,641	6,620	6,800	4,548	3,256
Revenue	91,280	85,600	74,115	67,563	48,393	37,453
Revenue Growth (YoY)	11.33%	15.50%	9.70%	39.61%	29.21%	3.98%
Cost of Revenue	71,878	66,761	58,908	54,304	36,772	29,435
Gross Profit	19,402	18,839	15,207	13,258	11,621	8,018
Selling, General & Admin	12,003	11,607	9,892	8,999	7,511	6,185
Research & Development	3,328	2,780	2,289	1,987	1,285	934.41
Other Operating Expenses	-125.37	100.36	207.09	124.5	107.37	164.15
Operating Expenses	15,137	14,483	12,517	11,089	8,921	7,325
Operating Income	4,264	4,356	2,691	2,170	2,700	692.5
Interest Expense	-144.21	-144.39	-88.14	-40.55	-11.23	-3
Interest & Investment Income	888.51	776.35	591.92	589.03	406.85	1,213
Currency Exchange Gain (Loss)	304.99	304.99	205.8	-80.18	-16.92	-3.43
Other Non Operating Income (Expenses)	-366.09	-61.11	326.62	-33.67	-80.89	-71.19
EBT Excluding Unusual Items	4,948	5,231	3,727	2,604	2,998	1,828
Gain (Loss) on Sale of Investments	355.93	14.93	22.52	34.06	21.79	1.46
Gain (Loss) on Sale of Assets	1.38	5.84	1.38	6.26	24.53	121.59
Asset Writedown	-73.68	-133.76	-156.84	-4.73	-4.17	-13.01
Other Unusual Items	566.15	566.15	229.82	276.61	445.1	214.54
Pretax Income	5,797	5,685	3,824	2,917	3,485	2,152
Income Tax Expense	801.6	893.07	754.4	573.74	639.1	201.8
Earnings From Continuing Operations	4,996	4,791	3,069	2,343	2,846	1,950
Minority Interest in Earnings	-1,792	-1,954	-1,634	-1,370	-1,267	-156.78
Net Income	3,204	2,837	1,435	972.58	1,579	1,794
Net Income to Common	3,204	2,837	1,435	972.58	1,579	1,794
Net Income Growth	14.80%	97.73%	47.54%	-38.40%	-11.97%	30.22%
Shares Outstanding (Basic)	1,364	1,364	1,367	1,370	1,361	1,359
Shares Outstanding (Diluted)	1,364	1,364	1,367	1,370	1,361	1,359
Shares Change (YoY)	-0.69%	-0.19%	-0.23%	0.64%	0.17%	-0.37%
EPS (Basic)	2.35	2.08	1.05	0.71	1.16	1.32
EPS (Diluted)	2.35	2.08	1.05	0.71	1.16	1.32
EPS Growth	15.60%	98.10%	47.89%	-38.79%	-12.12%	30.69%
Free Cash Flow	5,736	9,627	3,149	3,207	5,349	1,642
Free Cash Flow Per Share	4.21	7.06	2.30	2.34	3.93	1.21
Dividend Per Share	1.013	1.013	0.517	0.214	0.347	0.395
Dividend Growth	95.89%	95.89%	141.65%	-38.33%	-12.15%	30.36%
Gross Margin	21.26%	22.01%	20.52%	19.62%	24.01%	21.41%
Operating Margin	4.67%	5.09%	3.63%	3.21%	5.58%	1.85%
Profit Margin	3.51%	3.31%	1.94%	1.44%	3.26%	4.79%
Free Cash Flow Margin	6.28%	11.25%	4.25%	4.75%	11.05%	4.38%
EBITDA	5,318	5,491	3,935	3,257	3,690	1,468
EBITDA Margin	5.83%	6.41%	5.31%	4.82%	7.63%	3.92%
D&A For EBITDA	1,054	1,136	1,245	1,088	990.19	775.76
EBIT	4,264	4,356	2,691	2,170	2,700	692.5
EBIT Margin	4.67%	5.09%	3.63%	3.21%	5.58%	1.85%
Effective Tax Rate	13.83%	15.71%	19.73%	19.67%	18.34%	9.38%
Revenue as Reported	91,280	85,600	74,115	67,563	48,393	37,453

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