Shanghai Belling Co., Ltd. (SHA: 600171)

Shanghai Belling 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	2,328	2,082	1,994	1,960	1,280	1,046
Other Revenue	46.91	55.32	50.63	63.98	52.15	51.67
Revenue	2,375	2,137	2,044	2,024	1,332	1,098
Revenue Growth (YoY)	19.78%	4.54%	0.98%	51.95%	21.33%	39.98%
Cost of Revenue	1,704	1,529	1,361	1,342	952.21	774.22
Gross Profit	671	608.39	683.67	682.4	379.99	323.74
Selling, General & Admin	146.33	149.04	137.39	147.43	109.15	106.67
Research & Development	369.2	352.89	255.05	173.43	113.44	115.97
Other Operating Expenses	-17.58	-6.6	-1.59	7.96	4.96	4.25
Operating Expenses	498.48	495.85	390.86	328.78	227.29	227.15
Operating Income	172.52	112.54	292.81	353.62	152.71	96.6
Interest Expense	-2.44	-2.36	-1.45	-1.65	-0.32	-0.69
Interest & Investment Income	38.71	46.38	80.74	100.96	69.66	89.67
Currency Exchange Gain (Loss)	-4.56	1.04	12.96	-4.15	-8.62	2.95
Other Non Operating Income (Expenses)	-2.37	-0.31	-0.06	-0.5	0.19	1.58
EBT Excluding Unusual Items	201.87	157.29	385	448.28	213.62	190.1
Gain (Loss) on Sale of Investments	-112.35	-279.23	27.21	299.93	385.59	93.03
Gain (Loss) on Sale of Assets	0.37	0.03	0.01	-0	0.14	-0
Asset Writedown	-0.45	-0.12	-0.03	-0.22	-0.23	-1.91
Legal Settlements	-	-	-	-	-	-0.39
Other Unusual Items	30.79	19.74	16.07	18.68	19.5	12.28
Pretax Income	120.22	-102.28	428.27	766.67	618.61	293.13
Income Tax Expense	-14.06	-42.06	28.68	29.12	76.85	24.52
Earnings From Continuing Operations	134.28	-60.22	399.59	737.55	541.76	268.6
Minority Interest in Earnings	-	-	-0.55	-8.25	-13.76	-17.45
Net Income	134.28	-60.22	399.03	729.3	528.01	251.15
Net Income to Common	134.28	-60.22	399.03	729.3	528.01	251.15
Net Income Growth	282.09%	-	-45.29%	38.12%	110.24%	73.10%
Shares Outstanding (Basic)	663	669	700	701	704	698
Shares Outstanding (Diluted)	663	669	700	708	704	698
Shares Change (YoY)	-5.62%	-4.42%	-1.13%	0.57%	0.91%	0.97%
EPS (Basic)	0.20	-0.09	0.57	1.04	0.75	0.36
EPS (Diluted)	0.20	-0.09	0.57	1.03	0.75	0.36
EPS Growth	304.87%	-	-44.66%	37.33%	108.33%	71.43%
Free Cash Flow	65.72	88.65	-239.79	375.33	56.71	129.27
Free Cash Flow Per Share	0.10	0.13	-0.34	0.53	0.08	0.19
Dividend Per Share	0.100	0.100	0.200	0.200	0.130	0.110
Dividend Growth	-50.00%	-50.00%	0%	53.85%	18.18%	144.44%
Gross Margin	28.26%	28.47%	33.44%	33.71%	28.52%	29.49%
Operating Margin	7.26%	5.27%	14.32%	17.47%	11.46%	8.80%
Profit Margin	5.65%	-2.82%	19.52%	36.03%	39.63%	22.87%
Free Cash Flow Margin	2.77%	4.15%	-11.73%	18.54%	4.26%	11.77%
EBITDA	198.79	136.52	313.29	369.13	167.34	110.93
EBITDA Margin	8.37%	6.39%	15.33%	18.23%	12.56%	10.10%
D&A For EBITDA	26.27	23.98	20.48	15.51	14.63	14.33
EBIT	172.52	112.54	292.81	353.62	152.71	96.6
EBIT Margin	7.26%	5.27%	14.32%	17.47%	11.46%	8.80%
Effective Tax Rate	-	-	6.70%	3.80%	12.42%	8.37%
Revenue as Reported	2,375	2,137	2,044	2,024	1,332	1,098

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