TBEA Co., Ltd. (SHA:600089)

TBEA Co., Ltd. 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	95,028	96,342	94,597	67,586	43,873	36,177
Other Revenue	1,781	1,781	1,797	1,381	725.14	803.47
Revenue	96,809	98,123	96,394	68,968	44,598	36,980
Revenue Growth (YoY)	-2.96%	1.79%	39.77%	54.64%	20.60%	-6.75%
Cost of Revenue	78,581	72,016	59,456	49,487	35,733	29,438
Gross Profit	18,228	26,107	36,937	19,481	8,865	7,542
Selling, General & Admin	6,684	6,282	5,450	4,796	4,023	3,847
Research & Development	1,527	1,284	1,312	1,138	870.13	559.98
Other Operating Expenses	725.54	897.04	1,407	877.92	573.52	515.13
Operating Expenses	9,178	7,956	9,152	7,005	5,670	4,948
Operating Income	9,050	18,151	27,786	12,476	3,195	2,594
Interest Expense	-1,529	-1,518	-1,450	-1,429	-1,281	-1,074
Interest & Investment Income	470.22	621.75	576.91	715.8	1,224	790.96
Currency Exchange Gain (Loss)	16.85	16.85	341.19	29.95	-118.86	133.7
Other Non Operating Income (Expenses)	-330.64	-123.5	-57.8	-53.45	-160.59	-104.99
EBT Excluding Unusual Items	7,677	17,148	27,196	11,738	2,859	2,340
Gain (Loss) on Sale of Investments	-114.32	-22.11	-507.65	388.44	115.61	26.57
Gain (Loss) on Sale of Assets	17.11	-45.93	-9.93	26.07	286.83	147.08
Asset Writedown	-1,156	-663.99	-477.56	-661.93	-79.62	-1.38
Other Unusual Items	661.69	484.83	378.6	340.83	406.74	298.77
Pretax Income	7,086	16,901	26,579	11,832	3,588	2,811
Income Tax Expense	1,184	2,808	3,694	1,734	456.03	420.51
Earnings From Continuing Operations	5,902	14,093	22,885	10,098	3,132	2,390
Minority Interest in Earnings	-278.5	-3,390	-6,971	-2,843	-684.05	-371.93
Net Income	5,624	10,703	15,914	7,255	2,448	2,018
Preferred Dividends & Other Adjustments	86.75	86.75	185.49	232.81	292.83	274.53
Net Income to Common	5,537	10,616	15,729	7,022	2,155	1,744
Net Income Growth	-60.43%	-32.75%	119.36%	196.34%	21.29%	-1.44%
Shares Outstanding (Basic)	5,020	4,444	4,955	4,852	4,828	4,828
Shares Outstanding (Diluted)	5,020	4,444	4,955	4,852	4,828	4,828
Shares Change (YoY)	-	-10.32%	2.13%	0.50%	0.00%	-0.01%
EPS (Basic)	1.10	2.39	3.17	1.45	0.45	0.36
EPS (Diluted)	1.10	2.39	3.17	1.45	0.45	0.36
EPS Growth	-	-24.74%	119.32%	224.19%	23.59%	-4.27%
Free Cash Flow	-1,951	6,908	2,303	169.03	-2,106	-4,103
Free Cash Flow Per Share	-0.39	1.55	0.47	0.04	-0.44	-0.85
Dividend Per Share	0.200	0.200	0.862	0.446	0.162	0.127
Dividend Growth	-76.78%	-76.78%	93.08%	176.28%	27.27%	-8.38%
Gross Margin	18.83%	26.61%	38.32%	28.25%	19.88%	20.39%
Operating Margin	9.35%	18.50%	28.82%	18.09%	7.17%	7.01%
Profit Margin	5.72%	10.82%	16.32%	10.18%	4.83%	4.72%
Free Cash Flow Margin	-2.02%	7.04%	2.39%	0.24%	-4.72%	-11.09%
EBITDA	14,152	22,898	32,060	16,127	5,751	4,604
EBITDA Margin	14.62%	23.34%	33.26%	23.38%	12.90%	12.45%
D&A For EBITDA	5,101	4,747	4,275	3,651	2,556	2,010
EBIT	9,050	18,151	27,786	12,476	3,195	2,594
EBIT Margin	9.35%	18.50%	28.82%	18.09%	7.17%	7.01%
Effective Tax Rate	16.71%	16.61%	13.90%	14.66%	12.71%	14.96%
Revenue as Reported	96,891	98,206	96,510	69,032	44,669	37,030
Advertising Expenses	-	67.15	40.42	25.05	18.9	35.18

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