Sany Heavy Industry Co.,Ltd (SHA: 600031)

Sany Heavy Industry Co.,Ltd 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
Operating Revenue	74,662	72,319	78,921	106,113	96,825	73,926
Other Revenue	1,556	1,700	1,918	760.05	3,230	2,307
Revenue	76,218	74,019	80,839	106,873	100,055	76,233
Revenue Growth (YoY)	-2.11%	-8.44%	-24.36%	6.81%	31.25%	36.57%
Cost of Revenue	55,088	53,275	61,304	78,942	70,042	51,155
Gross Profit	21,130	20,744	19,535	27,932	30,013	25,078
Selling, General & Admin	8,987	8,827	8,896	9,322	7,364	7,383
Research & Development	5,487	5,865	6,923	6,509	4,992	3,650
Other Operating Expenses	161.41	226.23	-707.45	-1,296	-186.74	7.29
Operating Expenses	15,530	16,066	15,634	14,810	12,435	12,260
Operating Income	5,600	4,678	3,900	13,122	17,578	12,818
Interest Expense	-838.6	-1,014	-624.88	-579.67	-748.49	-812.89
Interest & Investment Income	1,358	980.29	1,442	1,709	1,424	871.69
Currency Exchange Gain (Loss)	538.66	538.66	267.51	-203.06	-331.06	138.56
Other Non Operating Income (Expenses)	-1,076	-157.49	86.85	-363.43	-322.2	-322.93
EBT Excluding Unusual Items	5,582	5,026	5,072	13,685	17,599	12,692
Gain (Loss) on Sale of Investments	148.96	-155.93	-250.26	53.55	436.33	289.65
Gain (Loss) on Sale of Assets	-2.43	-5.94	93.17	37.96	-48.83	477.97
Asset Writedown	-36.83	-33.2	-61.8	-6.09	-4.64	-92.52
Other Unusual Items	485.85	485.85	-	85.92	554.73	254.81
Pretax Income	6,178	5,317	4,853	13,856	18,537	13,622
Income Tax Expense	761.77	710.44	431.09	1,530	2,672	2,001
Earnings From Continuing Operations	5,416	4,606	4,422	12,326	15,865	11,621
Minority Interest in Earnings	-88.82	-78.66	-131.78	-292.32	-430.3	-294.82
Net Income	5,327	4,527	4,290	12,033	15,435	11,326
Net Income to Common	5,327	4,527	4,290	12,033	15,435	11,326
Net Income Growth	11.89%	5.53%	-64.35%	-22.04%	36.28%	85.18%
Shares Outstanding (Basic)	8,464	8,467	8,452	8,423	8,388	8,243
Shares Outstanding (Diluted)	8,464	8,467	8,452	8,424	8,400	8,289
Shares Change (YoY)	-0.09%	0.18%	0.33%	0.29%	1.34%	1.18%
EPS (Basic)	0.63	0.53	0.51	1.43	1.84	1.37
EPS (Diluted)	0.63	0.53	0.51	1.43	1.84	1.37
EPS Growth	11.99%	5.34%	-64.46%	-22.26%	34.47%	83.02%
Free Cash Flow	9,822	1,183	-1,566	1,604	8,359	9,526
Free Cash Flow Per Share	1.16	0.14	-0.19	0.19	1.00	1.15
Dividend Per Share	0.220	0.220	0.160	0.450	0.600	0.420
Dividend Growth	37.50%	37.50%	-64.44%	-25.00%	42.86%	61.54%
Gross Margin	27.72%	28.02%	24.16%	26.14%	30.00%	32.90%
Operating Margin	7.35%	6.32%	4.82%	12.28%	17.57%	16.81%
Profit Margin	6.99%	6.12%	5.31%	11.26%	15.43%	14.86%
Free Cash Flow Margin	12.89%	1.60%	-1.94%	1.50%	8.35%	12.50%
EBITDA	8,268	7,232	6,302	15,116	19,467	14,828
EBITDA Margin	10.85%	9.77%	7.80%	14.14%	19.46%	19.45%
D&A For EBITDA	2,668	2,554	2,402	1,994	1,890	2,010
EBIT	5,600	4,678	3,900	13,122	17,578	12,818
EBIT Margin	7.35%	6.32%	4.82%	12.28%	17.57%	16.81%
Effective Tax Rate	12.33%	13.36%	8.88%	11.04%	14.41%	14.69%
Revenue as Reported	2,199	-	-	106,873	100,055	76,233

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