Hisense Visual Technology Co., Ltd. (SHA: 600060)

Hisense Visual Technology 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	49,813	48,389	40,549	43,118	35,367	30,997
Other Revenue	5,226	5,226	5,189	3,683	3,948	3,108
Revenue	55,039	53,616	45,738	46,801	39,315	34,105
Revenue Growth (YoY)	4.93%	17.22%	-2.27%	19.04%	15.28%	-2.91%
Cost of Revenue	46,502	44,637	37,460	39,488	32,548	28,043
Gross Profit	8,538	8,978	8,278	7,313	6,767	6,062
Selling, General & Admin	4,532	4,541	4,215	4,190	3,922	4,184
Research & Development	2,368	2,379	2,080	1,851	1,740	1,426
Other Operating Expenses	7.45	54.55	81.01	57.55	26.27	63.47
Operating Expenses	6,924	6,997	6,369	6,146	5,698	5,680
Operating Income	1,613	1,981	1,909	1,167	1,069	381.87
Interest Expense	-46.88	-46.65	-11.7	-25.33	-31.94	-57.88
Interest & Investment Income	454.18	552.26	287.26	378.21	424.74	298.34
Currency Exchange Gain (Loss)	31.82	31.82	27.76	-48.88	-36.16	23.01
Other Non Operating Income (Expenses)	-76.86	-12.12	-6.96	-10.7	-10.5	-10.06
EBT Excluding Unusual Items	1,976	2,506	2,205	1,460	1,415	635.28
Gain (Loss) on Sale of Investments	212.89	77.85	17.97	46.56	43.73	9.56
Gain (Loss) on Sale of Assets	2.27	1.31	20.64	-1.94	-3.75	-5.06
Asset Writedown	-10.51	-6.03	-1.79	0.01	0.78	-4.37
Other Unusual Items	201.99	201.99	104.86	150.4	188.18	128.07
Pretax Income	2,382	2,782	2,347	1,655	1,644	763.47
Income Tax Expense	189.66	231.82	195.48	60.02	118.07	-43.43
Earnings From Continuing Operations	2,193	2,550	2,151	1,595	1,526	806.89
Minority Interest in Earnings	-414.59	-453.94	-472.26	-457.48	-330.1	-250.82
Net Income	1,778	2,096	1,679	1,138	1,195	556.07
Net Income to Common	1,778	2,096	1,679	1,138	1,195	556.07
Net Income Growth	-19.19%	24.82%	47.58%	-4.83%	114.98%	41.71%
Shares Outstanding (Basic)	1,295	1,292	1,308	1,314	1,308	1,308
Shares Outstanding (Diluted)	1,298	1,295	1,308	1,314	1,308	1,308
Shares Change (YoY)	1.21%	-1.01%	-0.46%	0.45%	-0.03%	0.03%
EPS (Basic)	1.37	1.62	1.28	0.87	0.91	0.42
EPS (Diluted)	1.37	1.62	1.28	0.87	0.91	0.42
EPS Growth	-20.16%	26.09%	48.27%	-5.25%	115.06%	41.67%
Free Cash Flow	2,571	2,391	4,740	358.54	-193.33	1,562
Free Cash Flow Per Share	1.98	1.85	3.62	0.27	-0.15	1.19
Dividend Per Share	0.805	0.805	0.644	0.087	0.275	0.127
Dividend Growth	25.05%	25.05%	640.23%	-68.36%	116.54%	41.11%
Gross Margin	15.51%	16.75%	18.10%	15.63%	17.21%	17.77%
Operating Margin	2.93%	3.70%	4.17%	2.49%	2.72%	1.12%
Profit Margin	3.23%	3.91%	3.67%	2.43%	3.04%	1.63%
Free Cash Flow Margin	4.67%	4.46%	10.36%	0.77%	-0.49%	4.58%
EBITDA	2,720	2,742	2,208	1,482	1,370	653.39
EBITDA Margin	4.94%	5.11%	4.83%	3.17%	3.48%	1.92%
D&A For EBITDA	1,107	760.6	299.41	315.18	301.07	271.52
EBIT	1,613	1,981	1,909	1,167	1,069	381.87
EBIT Margin	2.93%	3.70%	4.17%	2.49%	2.72%	1.12%
Effective Tax Rate	7.96%	8.33%	8.33%	3.63%	7.18%	-
Revenue as Reported	55,039	53,616	45,738	-	39,315	34,105

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