Henan Pinggao Electric Co.,Ltd. (SHA:600312)

Henan Pinggao Electric 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	11,401	10,963	9,174	9,107	9,620	11,019
Other Revenue	114.43	114.43	100.1	166.67	160.8	140.64
Revenue	11,515	11,077	9,274	9,273	9,781	11,160
Revenue Growth (YoY)	8.71%	19.44%	0.01%	-5.19%	-12.35%	3.17%
Cost of Revenue	8,780	8,767	7,688	8,083	8,648	9,893
Gross Profit	2,736	2,310	1,586	1,190	1,134	1,266
Selling, General & Admin	833.84	756.7	756.33	532.34	526.9	675.34
Research & Development	543.28	523.95	391.83	310.15	233.99	235.12
Other Operating Expenses	18.69	48.31	83.13	78.44	63.99	70.1
Operating Expenses	1,450	1,382	1,299	953.7	833.78	953.1
Operating Income	1,285	927.81	287.5	236.4	299.77	313.27
Interest Expense	-1.5	-2.2	-32.37	-48.05	-86.1	-133.34
Interest & Investment Income	90.3	79.46	63.86	56.7	44.42	22.04
Earnings From Equity Investments	-	-	-	-	-	23.39
Currency Exchange Gain (Loss)	37.8	37.8	48.4	-20.26	-31.39	12.61
Other Non Operating Income (Expenses)	-37.71	-8	-7.92	-6.34	0.61	-2.87
EBT Excluding Unusual Items	1,374	1,035	359.48	218.46	227.3	235.11
Impairment of Goodwill	-	-	-	-88.19	-115.56	-
Gain (Loss) on Sale of Investments	-	0	0.01	0	-	-
Gain (Loss) on Sale of Assets	-6.04	-5.43	-5.18	-1.4	-2.14	-0.41
Asset Writedown	-40.13	-43.53	-43.28	-36.73	-	-9.38
Other Unusual Items	20.93	16.44	18.93	40.9	93.82	62.58
Pretax Income	1,349	1,002	329.96	133.04	203.41	287.9
Income Tax Expense	128.7	81.57	29.49	12.66	66.54	58.14
Earnings From Continuing Operations	1,220	920.79	300.47	120.38	136.87	229.76
Minority Interest in Earnings	-99.87	-105.07	-88.31	-49.61	-10.77	-1.26
Net Income	1,120	815.71	212.17	70.77	126.1	228.5
Net Income to Common	1,120	815.71	212.17	70.77	126.1	228.5
Net Income Growth	91.09%	284.47%	199.78%	-43.87%	-44.81%	-20.20%
Shares Outstanding (Basic)	1,357	1,357	1,357	1,356	1,357	1,357
Shares Outstanding (Diluted)	1,357	1,357	1,357	1,356	1,357	1,357
Shares Change (YoY)	0.02%	0.02%	0.05%	-0.11%	0.03%	-0.01%
EPS (Basic)	0.83	0.60	0.16	0.05	0.09	0.17
EPS (Diluted)	0.83	0.60	0.16	0.05	0.09	0.17
EPS Growth	91.05%	284.40%	199.62%	-43.81%	-44.83%	-20.19%
Free Cash Flow	2,347	2,391	1,328	1,098	1,263	1,150
Free Cash Flow Per Share	1.73	1.76	0.98	0.81	0.93	0.85
Dividend Per Share	0.434	0.212	0.055	0.016	0.028	0.051
Dividend Growth	689.09%	285.46%	243.75%	-42.86%	-45.10%	-20.31%
Gross Margin	23.76%	20.86%	17.11%	12.83%	11.59%	11.35%
Operating Margin	11.16%	8.38%	3.10%	2.55%	3.06%	2.81%
Profit Margin	9.73%	7.36%	2.29%	0.76%	1.29%	2.05%
Free Cash Flow Margin	20.38%	21.59%	14.31%	11.85%	12.91%	10.30%
EBITDA	1,604	1,306	745.68	718.99	714.54	716.62
EBITDA Margin	13.93%	11.79%	8.04%	7.75%	7.31%	6.42%
D&A For EBITDA	318.98	378.64	458.18	482.59	414.78	403.36
EBIT	1,285	927.81	287.5	236.4	299.77	313.27
EBIT Margin	11.16%	8.38%	3.10%	2.55%	3.06%	2.81%
Effective Tax Rate	9.54%	8.14%	8.94%	9.51%	32.71%	20.20%
Revenue as Reported	11,515	11,077	9,274	9,273	9,781	11,160
Advertising Expenses	-	2.16	2.48	1.87	0.93	1.7

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