Hubei Chutian Smart Communication Co.,Ltd. (SHA:600035)

SHA:600035 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,387	3,080	2,843	3,179	2,411
Other Revenue	-	116.31	73.95	85.43	76.09
Revenue	4,387	3,196	2,917	3,264	2,487
Revenue Growth (YoY)	37.27%	9.57%	-10.63%	31.26%	-13.44%
Cost of Revenue	2,975	1,724	1,432	1,661	1,406
Gross Profit	1,413	1,472	1,485	1,603	1,081
Selling, General & Admin	173	156.46	149.34	136.94	112.07
Research & Development	9.41	8.32	15.63	23.03	36.64
Other Operating Expenses	-40.03	-37.37	-21.05	18.79	11.17
Operating Expenses	142.38	-1.03	184.68	230.96	191.05
Operating Income	1,270	1,473	1,301	1,372	889.91
Interest Expense	-	-272.66	-312.53	-294.17	-322.85
Interest & Investment Income	58.83	64.47	24.99	14.13	9.02
Currency Exchange Gain (Loss)	-	-0.34	12.69	-3.2	-11.08
Other Non Operating Income (Expenses)	-236.61	0.32	-0.85	-0.7	-0.8
EBT Excluding Unusual Items	1,092	1,265	1,025	1,088	564.2
Impairment of Goodwill	-	-	-	-	-94.98
Gain (Loss) on Sale of Investments	-	-	-3.75	-	-19.58
Gain (Loss) on Sale of Assets	-0.02	0.73	2.98	-	-
Asset Writedown	-1.58	0.62	-3.9	-0.46	-
Legal Settlements	-	-	-1.49	-	-
Other Unusual Items	-	8.53	2.65	32.66	36.25
Pretax Income	1,091	1,275	1,021	1,120	485.89
Income Tax Expense	305.82	313.06	274.55	347.24	142.17
Earnings From Continuing Operations	784.94	961.48	746.91	772.97	343.72
Minority Interest in Earnings	-17.3	-19.23	-24.27	-32.77	-19.27
Net Income	767.63	942.25	722.65	740.2	324.45
Net Income to Common	767.63	942.25	722.65	740.2	324.45
Net Income Growth	-18.53%	30.39%	-2.37%	128.14%	-49.10%
Shares Outstanding (Basic)	1,599	1,597	1,606	1,609	1,708
Shares Outstanding (Diluted)	1,599	1,597	1,606	1,609	1,708
Shares Change (YoY)	0.14%	-0.55%	-0.20%	-5.77%	-0.88%
EPS (Basic)	0.48	0.59	0.45	0.46	0.19
EPS (Diluted)	0.48	0.59	0.45	0.46	0.19
EPS Growth	-18.64%	31.11%	-2.17%	142.10%	-48.65%
Free Cash Flow	794.42	604.79	1,519	1,543	1,179
Free Cash Flow Per Share	0.50	0.38	0.95	0.96	0.69
Dividend Per Share	-	0.190	0.140	0.140	0.070
Dividend Growth	-	35.71%	-	100.00%	-56.25%
Gross Margin	32.20%	46.05%	50.92%	49.11%	43.47%
Operating Margin	28.95%	46.08%	44.59%	42.03%	35.79%
Profit Margin	17.50%	29.48%	24.77%	22.68%	13.05%
Free Cash Flow Margin	18.11%	18.92%	52.08%	47.26%	47.41%
EBITDA	2,078	2,205	1,931	1,920	1,338
EBITDA Margin	47.36%	68.97%	66.19%	58.82%	53.80%
D&A For EBITDA	807.81	731.72	630.04	548.01	447.89
EBIT	1,270	1,473	1,301	1,372	889.91
EBIT Margin	28.95%	46.08%	44.59%	42.03%	35.79%
Effective Tax Rate	28.04%	24.56%	26.88%	31.00%	29.26%
Revenue as Reported	-	3,196	2,917	3,264	2,487
Advertising Expenses	-	0.76	0.73	0.43	0.38

Source: S&P Global Market Intelligence. Standard template. Financial Sources.