China Meheco Group Co., Ltd. (SHA: 600056)

China Meheco 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	35,048	38,745	37,379	36,123	39,165	35,174
Other Revenue	79.15	79.15	213.56	111.7	146.76	110.9
Revenue	35,127	38,824	37,593	36,234	39,312	35,285
Revenue Growth (YoY)	-13.21%	3.28%	3.75%	-7.83%	11.41%	13.80%
Cost of Revenue	31,291	34,470	32,955	31,542	32,949	28,929
Gross Profit	3,836	4,354	4,638	4,692	6,363	6,356
Selling, General & Admin	2,351	2,690	2,945	3,068	3,399	4,285
Research & Development	131.81	115.54	77.33	57.38	83.8	107.54
Other Operating Expenses	127.75	117.69	115.29	97.42	116.36	112.49
Operating Expenses	2,729	3,062	3,221	3,317	3,721	4,502
Operating Income	1,107	1,292	1,417	1,375	2,642	1,855
Interest Expense	-202.67	-204.28	-217.58	-221.77	-244.48	-164.43
Interest & Investment Income	29.02	46.35	86.23	71.83	70.46	18.51
Currency Exchange Gain (Loss)	72.45	72.45	71.12	-23.31	-34.1	4.39
Other Non Operating Income (Expenses)	-109.89	-31.03	-33.75	-276.87	-374.26	-28.09
EBT Excluding Unusual Items	895.63	1,176	1,323	925.37	2,060	1,685
Impairment of Goodwill	-	-	-183.07	-67.5	-261.9	-80.46
Gain (Loss) on Sale of Investments	-16.25	-14.81	1.92	-2.14	0.66	-51.75
Gain (Loss) on Sale of Assets	434.72	436.36	14.24	10.39	-1.33	-0.61
Asset Writedown	-3.28	-	-5.14	-0.31	-0.77	-0.45
Other Unusual Items	63.37	43.5	45.19	74.28	128.54	141
Pretax Income	1,374	1,641	1,196	940.11	1,925	1,693
Income Tax Expense	294.81	398.44	307.7	225.83	539.19	437.58
Earnings From Continuing Operations	1,079	1,242	888.43	714.28	1,386	1,255
Minority Interest in Earnings	-178.3	-194.08	-152.83	-67.22	-75.43	-273.78
Net Income	901.08	1,048	735.6	647.06	1,311	981.35
Net Income to Common	901.08	1,048	735.6	647.06	1,311	981.35
Net Income Growth	60.05%	42.47%	13.68%	-50.63%	33.56%	-36.46%
Shares Outstanding (Basic)	1,496	1,496	1,496	1,496	1,496	1,496
Shares Outstanding (Diluted)	1,496	1,496	1,496	1,496	1,496	1,496
Shares Change (YoY)	0.02%	0.01%	-0.00%	-0.02%	0.00%	0.00%
EPS (Basic)	0.60	0.70	0.49	0.43	0.88	0.66
EPS (Diluted)	0.60	0.70	0.49	0.43	0.88	0.66
EPS Growth	60.01%	42.46%	13.68%	-50.62%	33.55%	-36.46%
Free Cash Flow	531.41	496.52	1,417	-137.73	1,242	-334.17
Free Cash Flow Per Share	0.36	0.33	0.95	-0.09	0.83	-0.22
Dividend Per Share	0.232	0.210	0.148	0.130	0.263	0.197
Dividend Growth	57.19%	42.45%	13.67%	-50.63%	33.59%	-36.48%
Gross Margin	10.92%	11.22%	12.34%	12.95%	16.19%	18.01%
Operating Margin	3.15%	3.33%	3.77%	3.80%	6.72%	5.26%
Profit Margin	2.57%	2.70%	1.96%	1.79%	3.33%	2.78%
Free Cash Flow Margin	1.51%	1.28%	3.77%	-0.38%	3.16%	-0.95%
EBITDA	1,417	1,586	1,689	1,586	2,865	2,078
EBITDA Margin	4.03%	4.08%	4.49%	4.38%	7.29%	5.89%
D&A For EBITDA	310.23	293.95	272.25	210.86	222.35	223.1
EBIT	1,107	1,292	1,417	1,375	2,642	1,855
EBIT Margin	3.15%	3.33%	3.77%	3.80%	6.72%	5.26%
Effective Tax Rate	21.45%	24.29%	25.72%	24.02%	28.01%	25.85%
Revenue as Reported	35,127	38,824	37,593	36,234	39,312	35,285

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