North Electro-Optic Co.,Ltd. (SHA:600184)

North Electro-Optic 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	1,718	2,177	2,489	3,281	2,462	2,308
Other Revenue	23.52	23.52	24.04	30.68	30.31	23.3
Revenue	1,742	2,201	2,513	3,312	2,492	2,332
Revenue Growth (YoY)	-29.78%	-12.43%	-24.12%	32.90%	6.87%	-3.74%
Cost of Revenue	1,440	1,834	2,153	2,958	2,171	2,041
Gross Profit	301.6	366.34	360.41	353.59	320.82	290.64
Selling, General & Admin	172.93	177.97	171	168.81	130.48	120.15
Research & Development	140.66	160.44	133.65	147.82	147.8	116.65
Other Operating Expenses	-5.3	-1.74	12.53	2.79	2.03	2.77
Operating Expenses	309.49	336.59	317.56	319.74	277.1	242.71
Operating Income	-7.89	29.75	42.85	33.86	43.72	47.93
Interest Expense	-1.29	-1.64	-1.84	-0.55	-	-
Interest & Investment Income	9.1	21.56	17.44	16.85	11.24	4.53
Earnings From Equity Investments	14.69	12.5	14.26	15.66	7.72	3.41
Currency Exchange Gain (Loss)	0.28	0.28	1.34	-0.29	-0.6	0.4
Other Non Operating Income (Expenses)	2.09	2.33	-0.31	-0.75	-0.56	0.59
EBT Excluding Unusual Items	16.98	64.79	73.74	64.78	61.52	56.85
Gain (Loss) on Sale of Assets	0.03	0.03	0.5	-0.15	-0.26	2.78
Asset Writedown	-0.88	-0.42	-0.38	-	-	-0.48
Other Unusual Items	14.94	14.94	3.3	2.43	-10.17	4.59
Pretax Income	31.06	79.34	77.17	67.06	51.09	63.74
Income Tax Expense	4.7	10.17	6.15	4.58	-0.81	1.8
Earnings From Continuing Operations	26.37	69.17	71.02	62.49	51.9	61.95
Net Income	26.37	69.17	71.02	62.49	51.9	61.95
Net Income to Common	26.37	69.17	71.02	62.49	51.9	61.95
Net Income Growth	-58.72%	-2.60%	13.64%	20.40%	-16.22%	6.89%
Shares Outstanding (Basic)	557	509	509	509	509	516
Shares Outstanding (Diluted)	557	509	509	509	509	516
Shares Change (YoY)	13.28%	-0.02%	-0.03%	0.01%	-1.44%	-2.01%
EPS (Basic)	0.05	0.14	0.14	0.12	0.10	0.12
EPS (Diluted)	0.05	0.14	0.14	0.12	0.10	0.12
EPS Growth	-63.56%	-2.58%	13.68%	20.39%	-15.00%	9.09%
Free Cash Flow	54.23	-544.74	-550.16	-316.34	885.23	557.27
Free Cash Flow Per Share	0.10	-1.07	-1.08	-0.62	1.74	1.08
Dividend Per Share	0.057	0.057	0.057	0.050	0.033	0.037
Dividend Growth	-	-	14.00%	51.52%	-10.81%	5.71%
Gross Margin	17.31%	16.65%	14.34%	10.68%	12.88%	12.46%
Operating Margin	-0.45%	1.35%	1.70%	1.02%	1.75%	2.06%
Profit Margin	1.51%	3.14%	2.83%	1.89%	2.08%	2.66%
Free Cash Flow Margin	3.11%	-24.75%	-21.89%	-9.55%	35.52%	23.90%
EBITDA	81.2	111.96	115.87	98.82	95.17	106.4
EBITDA Margin	4.66%	5.09%	4.61%	2.98%	3.82%	4.56%
D&A For EBITDA	89.1	82.2	73.01	64.96	51.45	58.47
EBIT	-7.89	29.75	42.85	33.86	43.72	47.93
EBIT Margin	-0.45%	1.35%	1.70%	1.02%	1.75%	2.06%
Effective Tax Rate	15.12%	12.82%	7.97%	6.82%	-	2.82%
Revenue as Reported	1,742	2,201	2,513	3,312	2,492	2,332

Source: S&P Global Market Intelligence. Standard template. Financial Sources.