Poly Developments and Holdings Group Co., Ltd. (SHA: 600048)

Poly Developments and Holdings Group 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	335,617	345,380	280,126	283,875	241,876	235,049
Other Revenue	1,492	1,492	936.51	1,077	1,287	895.81
Revenue	337,109	346,872	281,063	284,952	243,163	235,944
Revenue Growth (YoY)	6.28%	23.41%	-1.36%	17.19%	3.06%	21.30%
Cost of Revenue	294,137	295,678	220,123	208,514	163,127	154,501
Gross Profit	42,972	51,194	60,940	76,438	80,037	81,443
Selling, General & Admin	13,672	14,036	12,274	12,818	11,199	10,914
Research & Development	18.76	85.87	1,238	1,436	1,260	56.26
Other Operating Expenses	7,967	10,169	12,883	15,596	18,497	21,841
Operating Expenses	21,745	24,289	26,437	29,899	30,981	32,793
Operating Income	21,227	26,905	34,503	46,539	49,055	48,650
Interest Expense	-6,241	-6,573	-5,507	-5,583	-5,870	-4,605
Interest & Investment Income	4,840	4,981	7,470	8,716	8,647	5,991
Currency Exchange Gain (Loss)	-77.49	-77.49	-848.47	78.21	535.31	-54.38
Other Non Operating Income (Expenses)	-663.34	-530.97	56.47	-439.82	2.98	-221.36
EBT Excluding Unusual Items	19,086	24,705	35,674	49,311	52,370	49,761
Gain (Loss) on Sale of Investments	-637.98	-661.22	-414.55	246.22	53.39	712.9
Gain (Loss) on Sale of Assets	18.39	231.97	112.93	15.8	-10.09	1.69
Asset Writedown	4.13	-2.01	-1.12	-1.41	-18.83	-4.57
Other Unusual Items	351.95	351.95	-70.42	463.73	145.14	59.59
Pretax Income	18,822	24,626	35,301	50,035	52,539	50,531
Income Tax Expense	5,598	6,727	8,313	12,845	12,490	12,977
Earnings From Continuing Operations	13,224	17,899	26,987	37,189	40,049	37,554
Minority Interest in Earnings	-6,637	-5,832	-8,667	-9,802	-11,100	-9,595
Net Income	6,587	12,067	18,320	27,388	28,950	27,959
Net Income to Common	6,587	12,067	18,320	27,388	28,950	27,959
Net Income Growth	-64.38%	-34.13%	-33.11%	-5.39%	3.54%	47.90%
Shares Outstanding (Basic)	11,844	11,948	11,974	11,960	11,963	11,897
Shares Outstanding (Diluted)	11,844	11,948	11,974	11,960	11,963	11,897
Shares Change (YoY)	-1.39%	-0.22%	0.12%	-0.02%	0.55%	0.07%
EPS (Basic)	0.56	1.01	1.53	2.29	2.42	2.35
EPS (Diluted)	0.56	1.01	1.53	2.29	2.42	2.35
EPS Growth	-63.88%	-33.99%	-33.19%	-5.37%	2.98%	47.80%
Free Cash Flow	-12,104	13,751	7,236	10,280	14,758	38,876
Free Cash Flow Per Share	-1.02	1.15	0.60	0.86	1.23	3.27
Dividend Per Share	0.410	0.410	0.450	0.580	0.730	0.820
Dividend Growth	-8.89%	-8.89%	-22.41%	-20.55%	-10.98%	64.00%
Gross Margin	12.75%	14.76%	21.68%	26.82%	32.91%	34.52%
Operating Margin	6.30%	7.76%	12.28%	16.33%	20.17%	20.62%
Profit Margin	1.95%	3.48%	6.52%	9.61%	11.91%	11.85%
Free Cash Flow Margin	-3.59%	3.96%	2.57%	3.61%	6.07%	16.48%
EBITDA	22,879	28,502	36,026	47,933	50,236	49,813
EBITDA Margin	6.79%	8.22%	12.82%	16.82%	20.66%	21.11%
D&A For EBITDA	1,652	1,597	1,524	1,394	1,181	1,163
EBIT	21,227	26,905	34,503	46,539	49,055	48,650
EBIT Margin	6.30%	7.76%	12.28%	16.33%	20.17%	20.62%
Effective Tax Rate	29.74%	27.32%	23.55%	25.67%	23.77%	25.68%
Revenue as Reported	337,113	346,894	281,108	285,024	243,222	235,981
Advertising Expenses	-	1,666	1,625	1,824	1,649	1,834

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