Ningbo United Group Co.,Ltd. (SHA:600051)

Ningbo United Group 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	1,702	1,680	2,593	3,661	4,854
Other Revenue	84.44	82.94	63.09	65.13	59.48
Revenue	1,787	1,763	2,657	3,726	4,914
Revenue Growth (YoY)	1.35%	-33.63%	-28.70%	-24.17%	26.82%
Cost of Revenue	1,617	1,514	2,364	3,021	3,612
Gross Profit	169.89	249.45	292.99	705.15	1,301
Selling, General & Admin	116.27	119.76	132.75	210.21	200.14
Other Operating Expenses	19.64	11.1	9.08	54.9	291.75
Operating Expenses	144.49	128.49	139.42	265.91	494.38
Operating Income	25.39	120.96	153.56	439.24	806.83
Interest Expense	-53.64	-55.45	-29.9	-23.96	-39.25
Interest & Investment Income	108.05	43.52	55.05	93.28	57.72
Currency Exchange Gain (Loss)	1.03	1.03	2.46	2.6	4.07
Other Non Operating Income (Expenses)	-15.38	1.43	-2.22	-2.18	-9.9
EBT Excluding Unusual Items	65.45	111.49	178.96	508.98	819.47
Gain (Loss) on Sale of Investments	0.34	-19.67	-6.15	34.85	-20.77
Gain (Loss) on Sale of Assets	2.74	1.41	28.72	-0.02	-1.42
Asset Writedown	-1.18	-	-	-6.92	-40.27
Other Unusual Items	8.72	15.33	15.75	12.67	10.33
Pretax Income	76.06	108.56	217.29	549.57	767.35
Income Tax Expense	5.48	24.36	62.95	125.44	265.38
Earnings From Continuing Operations	70.59	84.2	154.34	424.13	501.96
Net Income to Company	70.59	84.2	154.34	424.13	501.96
Minority Interest in Earnings	10.59	22	-4.39	-174.71	-158.19
Net Income	81.17	106.2	149.95	249.42	343.78
Net Income to Common	81.17	106.2	149.95	249.42	343.78
Net Income Growth	-23.56%	-29.18%	-39.88%	-27.45%	7.43%
Shares Outstanding (Basic)	311	312	312	312	310
Shares Outstanding (Diluted)	311	312	312	312	310
Shares Change (YoY)	-0.47%	-0.02%	0.20%	0.67%	-0.32%
EPS (Basic)	0.26	0.34	0.48	0.80	1.11
EPS (Diluted)	0.26	0.34	0.48	0.80	1.11
EPS Growth	-23.53%	-29.17%	-40.00%	-27.93%	7.77%
Free Cash Flow	-77.12	58.61	-373.96	-263.46	124.26
Free Cash Flow Per Share	-0.25	0.19	-1.20	-0.84	0.40
Dividend Per Share	0.120	0.120	0.120	0.100	0.200
Dividend Growth	-	-	20.00%	-50.00%	-
Gross Margin	9.51%	14.15%	11.03%	18.93%	26.48%
Operating Margin	1.42%	6.86%	5.78%	11.79%	16.42%
Profit Margin	4.54%	6.02%	5.64%	6.69%	7.00%
Free Cash Flow Margin	-4.32%	3.32%	-14.08%	-7.07%	2.53%
EBITDA	134.51	231.21	265.33	530.84	902.61
EBITDA Margin	7.53%	13.11%	9.99%	14.25%	18.37%
D&A For EBITDA	109.12	110.26	111.76	91.6	95.78
EBIT	25.39	120.96	153.56	439.24	806.83
EBIT Margin	1.42%	6.86%	5.78%	11.79%	16.42%
Effective Tax Rate	7.20%	22.44%	28.97%	22.82%	34.58%
Revenue as Reported	1,787	1,763	2,657	3,726	4,914
Advertising Expenses	4.65	4.24	5.37	18.95	4.2

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.