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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	34,957	38,745	37,379	36,123	39,165	35,174
Other Revenue	39.52	79.15	213.56	111.7	146.76	110.9
Revenue	34,997	38,824	37,593	36,234	39,312	35,285
Revenue Growth (YoY)	-15.80%	3.28%	3.75%	-7.83%	11.41%	13.80%
Cost of Revenue	31,105	34,470	32,955	31,542	32,949	28,929
Gross Profit	3,892	4,354	4,638	4,692	6,363	6,356
Selling, General & Admin	2,433	2,690	2,945	3,068	3,399	4,285
Research & Development	125.55	115.54	77.33	57.38	83.8	107.54
Other Operating Expenses	122.89	117.69	115.29	97.42	116.36	112.49
Operating Expenses	2,794	3,062	3,221	3,317	3,721	4,502
Operating Income	1,098	1,292	1,417	1,375	2,642	1,855
Interest Expense	-217.22	-204.28	-217.58	-221.77	-244.48	-164.43
Interest & Investment Income	15.59	46.35	86.23	71.83	70.46	18.51
Currency Exchange Gain (Loss)	10.73	72.45	71.12	-23.31	-34.1	4.39
Other Non Operating Income (Expenses)	-14.23	-31.03	-33.75	-276.87	-374.26	-28.09
EBT Excluding Unusual Items	893.09	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	-15.95	-14.81	1.92	-2.14	0.66	-51.75
Gain (Loss) on Sale of Assets	433.59	436.36	14.24	10.39	-1.33	-0.61
Asset Writedown	-0.7	-	-5.14	-0.31	-0.77	-0.45
Other Unusual Items	60.26	43.5	45.19	74.28	128.54	141
Pretax Income	1,370	1,641	1,196	940.11	1,925	1,693
Income Tax Expense	355.15	398.44	307.7	225.83	539.19	437.58
Earnings From Continuing Operations	1,015	1,242	888.43	714.28	1,386	1,255
Minority Interest in Earnings	-185.51	-194.08	-152.83	-67.22	-75.43	-273.78
Net Income	829.61	1,048	735.6	647.06	1,311	981.35
Net Income to Common	829.61	1,048	735.6	647.06	1,311	981.35
Net Income Growth	25.11%	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)	0.03%	0.01%	-0.00%	-0.02%	0.00%	0.00%
EPS (Basic)	0.55	0.70	0.49	0.43	0.88	0.66
EPS (Diluted)	0.55	0.70	0.49	0.43	0.88	0.66
EPS Growth	25.06%	42.46%	13.68%	-50.62%	33.55%	-36.46%
Free Cash Flow	404.38	496.52	1,417	-137.73	1,242	-334.17
Free Cash Flow Per Share	0.27	0.33	0.95	-0.09	0.83	-0.22
Dividend Per Share	0.210	0.210	0.148	0.130	0.263	0.197
Dividend Growth	42.45%	42.45%	13.67%	-50.63%	33.59%	-36.48%
Gross Margin	11.12%	11.22%	12.34%	12.95%	16.19%	18.01%
Operating Margin	3.14%	3.33%	3.77%	3.80%	6.72%	5.26%
Profit Margin	2.37%	2.70%	1.96%	1.79%	3.33%	2.78%
Free Cash Flow Margin	1.16%	1.28%	3.77%	-0.38%	3.16%	-0.95%
EBITDA	1,404	1,586	1,689	1,586	2,865	2,078
EBITDA Margin	4.01%	4.08%	4.49%	4.38%	7.29%	5.89%
D&A For EBITDA	305.88	293.95	272.25	210.86	222.35	223.1
EBIT	1,098	1,292	1,417	1,375	2,642	1,855
EBIT Margin	3.14%	3.33%	3.77%	3.80%	6.72%	5.26%
Effective Tax Rate	25.92%	24.29%	25.72%	24.02%	28.01%	25.85%
Revenue as Reported	34,997	38,824	37,593	36,234	39,312	35,285

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