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

Hisense Visual Technology 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	58,530	48,389	40,549	43,118	35,367
Other Revenue	-	5,226	5,189	3,683	3,948
Revenue	58,530	53,616	45,738	46,801	39,315
Revenue Growth (YoY)	9.17%	17.22%	-2.27%	19.04%	15.28%
Cost of Revenue	49,366	44,637	37,460	39,488	32,548
Gross Profit	9,165	8,978	8,278	7,313	6,767
Selling, General & Admin	4,461	4,541	4,215	4,190	3,922
Research & Development	2,374	2,379	2,080	1,851	1,740
Other Operating Expenses	-209.95	54.55	81.01	57.55	26.27
Operating Expenses	6,625	6,997	6,369	6,146	5,698
Operating Income	2,539	1,981	1,909	1,167	1,069
Interest Expense	-	-46.65	-11.7	-25.33	-31.94
Interest & Investment Income	396.14	552.26	287.26	378.21	424.74
Currency Exchange Gain (Loss)	-	31.82	27.76	-48.88	-36.16
Other Non Operating Income (Expenses)	-89.95	-12.12	-6.96	-10.7	-10.5
EBT Excluding Unusual Items	2,845	2,506	2,205	1,460	1,415
Gain (Loss) on Sale of Investments	181.62	77.85	17.97	46.56	43.73
Gain (Loss) on Sale of Assets	4.12	1.31	20.64	-1.94	-3.75
Asset Writedown	-147.64	-6.03	-1.79	0.01	0.78
Other Unusual Items	-	201.99	104.86	150.4	188.18
Pretax Income	2,884	2,782	2,347	1,655	1,644
Income Tax Expense	311.96	231.82	195.48	60.02	118.07
Earnings From Continuing Operations	2,572	2,550	2,151	1,595	1,526
Minority Interest in Earnings	-325.4	-453.94	-472.26	-457.48	-330.1
Net Income	2,246	2,096	1,679	1,138	1,195
Net Income to Common	2,246	2,096	1,679	1,138	1,195
Net Income Growth	7.17%	24.82%	47.58%	-4.83%	114.98%
Shares Outstanding (Basic)	1,309	1,292	1,308	1,314	1,308
Shares Outstanding (Diluted)	1,309	1,295	1,308	1,314	1,308
Shares Change (YoY)	1.12%	-1.01%	-0.46%	0.45%	-0.03%
EPS (Basic)	1.72	1.62	1.28	0.87	0.91
EPS (Diluted)	1.72	1.62	1.28	0.87	0.91
EPS Growth	5.99%	26.09%	48.27%	-5.25%	115.06%
Free Cash Flow	2,677	2,391	4,740	358.54	-193.33
Free Cash Flow Per Share	2.04	1.85	3.62	0.27	-0.15
Dividend Per Share	-	0.805	0.644	0.087	0.275
Dividend Growth	-	25.05%	640.23%	-68.36%	116.54%
Gross Margin	15.66%	16.75%	18.10%	15.63%	17.21%
Operating Margin	4.34%	3.69%	4.17%	2.49%	2.72%
Profit Margin	3.84%	3.91%	3.67%	2.43%	3.04%
Free Cash Flow Margin	4.57%	4.46%	10.36%	0.77%	-0.49%
EBITDA	3,440	2,742	2,208	1,482	1,370
EBITDA Margin	5.88%	5.11%	4.83%	3.17%	3.48%
D&A For EBITDA	900.72	760.6	299.41	315.18	301.07
EBIT	2,539	1,981	1,909	1,167	1,069
EBIT Margin	4.34%	3.69%	4.17%	2.49%	2.72%
Effective Tax Rate	10.82%	8.33%	8.33%	3.63%	7.18%
Revenue as Reported	-	53,616	45,738	-	39,315

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.