Hang Xiao Steel Structure Co.,Ltd (SHA: 600477)

Hang Xiao Steel Structure 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	8,937	10,648	9,777	9,337	7,846	6,300
Other Revenue	172.54	172.54	158.61	240.93	292.58	333.35
Revenue	9,110	10,820	9,935	9,578	8,139	6,633
Revenue Growth (YoY)	-11.49%	8.90%	3.73%	17.68%	22.70%	7.26%
Cost of Revenue	7,608	9,093	8,418	8,256	6,698	5,454
Gross Profit	1,502	1,727	1,517	1,322	1,441	1,179
Selling, General & Admin	513.11	495.52	492.27	461.31	454.39	380.51
Research & Development	497.38	560.04	487.79	383.41	315.36	252.39
Other Operating Expenses	-13.72	28.57	45.32	33.73	88.5	38.32
Operating Expenses	1,105	1,246	1,147	966.98	929.82	743.51
Operating Income	396.94	480.79	369.67	354.91	511.4	435.78
Interest Expense	-165.73	-161.95	-109.66	-88.38	-51.67	-54.4
Interest & Investment Income	-	5.49	6.91	9.38	115.82	6.14
Currency Exchange Gain (Loss)	-1.4	-1.4	0.81	-2.19	-8.82	6.37
Other Non Operating Income (Expenses)	-19.72	-24.81	-15.35	-10.6	-3.85	-10.62
EBT Excluding Unusual Items	210.08	298.11	252.39	263.12	562.89	383.26
Gain (Loss) on Sale of Investments	-7.25	-	-53.06	-	-	-15.72
Gain (Loss) on Sale of Assets	2.31	0.15	-0.58	244.44	320.86	165.49
Asset Writedown	3.98	-	-	-0.71	-	-
Other Unusual Items	40.03	40.03	29.13	30.83	20.99	13.74
Pretax Income	249.15	338.29	227.88	537.69	904.73	546.77
Income Tax Expense	-11.03	15.32	-61.28	49.15	153.1	66.62
Earnings From Continuing Operations	260.18	322.97	289.16	488.53	751.63	480.15
Minority Interest in Earnings	-9.43	-29.35	-21.3	-76.94	-27.7	-11.23
Net Income	250.75	293.62	267.86	411.6	723.93	468.92
Net Income to Common	250.75	293.62	267.86	411.6	723.93	468.92
Net Income Growth	-12.44%	9.62%	-34.92%	-43.14%	54.38%	-17.44%
Shares Outstanding (Basic)	2,346	2,349	2,160	2,155	2,155	2,151
Shares Outstanding (Diluted)	2,346	2,349	2,160	2,155	2,155	2,151
Shares Change (YoY)	5.33%	8.74%	0.24%	0.02%	0.17%	-0.02%
EPS (Basic)	0.11	0.13	0.12	0.19	0.34	0.22
EPS (Diluted)	0.11	0.13	0.12	0.19	0.34	0.22
EPS Growth	-16.87%	0.81%	-35.08%	-43.15%	54.13%	-17.42%
Free Cash Flow	-1,182	-1,892	-1,436	-1,464	-276.44	29.36
Free Cash Flow Per Share	-0.50	-0.81	-0.66	-0.68	-0.13	0.01
Dividend Per Share	0.085	0.050	0.035	0.060	0.105	0.100
Dividend Growth	142.86%	42.86%	-41.67%	-42.86%	5.00%	20.05%
Gross Margin	16.48%	15.96%	15.27%	13.80%	17.71%	17.78%
Operating Margin	4.36%	4.44%	3.72%	3.71%	6.28%	6.57%
Profit Margin	2.75%	2.71%	2.70%	4.30%	8.89%	7.07%
Free Cash Flow Margin	-12.98%	-17.48%	-14.45%	-15.29%	-3.40%	0.44%
EBITDA	599.13	669.39	540.16	484.11	620.59	524.47
EBITDA Margin	6.58%	6.19%	5.44%	5.05%	7.63%	7.91%
D&A For EBITDA	202.19	188.61	170.49	129.2	109.19	88.69
EBIT	396.94	480.79	369.67	354.91	511.4	435.78
EBIT Margin	4.36%	4.44%	3.72%	3.71%	6.28%	6.57%
Effective Tax Rate	-	4.53%	-	9.14%	16.92%	12.18%
Revenue as Reported	9,110	10,820	9,935	9,578	8,139	6,633
Advertising Expenses	-	3.74	1.93	5.45	15.13	23.22

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