Zhejiang Orient Financial Holdings Group Co., Ltd. (SHA: 600120)

Zhejiang Orient Financial Holdings 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	13,997	18,144	19,708	17,539	15,741	11,603
Other Revenue	231.01	228.1	176.2	131.27	117.58	124.27
Revenue	14,228	18,372	19,884	17,670	15,859	11,727
Revenue Growth (YoY)	-24.57%	-7.60%	12.53%	11.42%	35.23%	9.42%
Cost of Revenue	13,481	17,669	18,644	16,246	14,352	9,820
Gross Profit	747.49	703.76	1,240	1,424	1,507	1,907
Selling, General & Admin	1,008	932.98	853.34	839.85	936.86	873.12
Research & Development	0.48	0.19	0.39	-	-	-
Other Operating Expenses	30.77	31.04	28.51	19.23	-0.97	88.62
Operating Expenses	1,061	1,004	892.31	830.71	1,003	989.83
Operating Income	-313.54	-300.46	347.51	592.96	503.61	917.23
Interest Expense	-196.44	-177.15	-204.81	-159.23	-129.84	-137.73
Interest & Investment Income	848.48	537.79	1,114	470.45	1,812	227.36
Currency Exchange Gain (Loss)	3.76	3.76	2.74	15.78	-20.82	14.91
Other Non Operating Income (Expenses)	3.93	-2.12	-3.18	-4.45	-4.8	-4.87
EBT Excluding Unusual Items	346.19	61.81	1,256	915.52	2,160	1,017
Gain (Loss) on Sale of Investments	214.84	354.35	-255.9	-67.04	-962.38	157.04
Gain (Loss) on Sale of Assets	-0.97	0.05	0.01	0.22	-0.05	0.59
Asset Writedown	-21.46	-	-	-	-1.37	-
Other Unusual Items	7.54	7.54	17.82	19.22	20.4	10.81
Pretax Income	546.14	423.75	1,018	867.93	1,217	1,185
Income Tax Expense	121.16	146.49	74.21	145.78	231.96	217.59
Earnings From Continuing Operations	424.98	277.26	944.04	722.15	984.63	967.76
Minority Interest in Earnings	62.84	207.72	3.13	-65.98	-81.51	-164.77
Net Income	487.82	484.98	947.17	656.17	903.12	802.98
Net Income to Common	487.82	484.98	947.17	656.17	903.12	802.98
Net Income Growth	-53.73%	-48.80%	44.35%	-27.34%	12.47%	14.12%
Shares Outstanding (Basic)	3,482	3,464	3,055	2,853	2,913	2,897
Shares Outstanding (Diluted)	3,482	3,464	3,055	2,853	2,913	2,897
Shares Change (YoY)	4.28%	13.38%	7.10%	-2.07%	0.57%	0.04%
EPS (Basic)	0.14	0.14	0.31	0.23	0.31	0.28
EPS (Diluted)	0.14	0.14	0.31	0.23	0.31	0.28
EPS Growth	-55.63%	-54.84%	34.78%	-25.81%	11.83%	14.07%
Free Cash Flow	2,886	341.89	810.07	1,425	-198.23	-1,437
Free Cash Flow Per Share	0.83	0.10	0.27	0.50	-0.07	-0.50
Dividend Per Share	0.058	0.058	0.079	0.062	0.031	0.033
Dividend Growth	-26.58%	-26.58%	27.42%	101.30%	-6.67%	9.27%
Gross Margin	5.25%	3.83%	6.24%	8.06%	9.50%	16.26%
Operating Margin	-2.20%	-1.64%	1.75%	3.36%	3.18%	7.82%
Profit Margin	3.43%	2.64%	4.76%	3.71%	5.69%	6.85%
Free Cash Flow Margin	20.29%	1.86%	4.07%	8.07%	-1.25%	-12.26%
EBITDA	-166.44	-176.65	440.27	659.13	558.56	960.85
EBITDA Margin	-1.17%	-0.96%	2.21%	3.73%	3.52%	8.19%
D&A For EBITDA	147.1	123.81	92.76	66.17	54.95	43.62
EBIT	-313.54	-300.46	347.51	592.96	503.61	917.23
EBIT Margin	-2.20%	-1.64%	1.75%	3.36%	3.18%	7.82%
Effective Tax Rate	22.19%	34.57%	7.29%	16.80%	19.07%	18.36%
Revenue as Reported	14,228	18,372	19,884	17,670	15,859	11,727
Advertising Expenses	-	7.06	5.77	3.7	-	-

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