Baoding Tianwei Baobian Electric Co.,Ltd. (SHA: 600550)

Baoding Tianwei Baobian Electric 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	4,543	3,419	3,374	4,062	4,034	3,464
Other Revenue	43	43	72.07	77.15	50.13	53.56
Revenue	4,586	3,462	3,446	4,140	4,085	3,518
Revenue Growth (YoY)	28.33%	0.48%	-16.76%	1.35%	16.11%	10.38%
Cost of Revenue	4,048	3,033	2,814	3,461	3,532	3,003
Gross Profit	537.75	428.86	631.84	678.35	552.58	515.18
Selling, General & Admin	411.15	391.28	316.81	368.81	318	359.29
Research & Development	12.69	86.7	205.18	166.79	133.38	127.96
Other Operating Expenses	-10.79	7.73	34.42	33.27	40.56	43.24
Operating Expenses	447.35	500.73	538.42	545.46	478.52	398.77
Operating Income	90.4	-71.87	93.42	132.88	74.06	116.41
Interest Expense	-85.67	-91.48	-88.1	-92.7	-126.98	-153.45
Interest & Investment Income	8.68	6.99	7.65	5.26	4.52	8.94
Currency Exchange Gain (Loss)	-0.38	-0.38	1.93	-3.1	-7.56	0.55
Other Non Operating Income (Expenses)	-3.34	-0.55	-2.26	-1.13	27.43	44.52
EBT Excluding Unusual Items	9.69	-157.29	12.64	41.21	-28.53	16.97
Gain (Loss) on Sale of Investments	-	-	-	-3.74	-2.7	-
Gain (Loss) on Sale of Assets	1.58	2.12	19.89	11.82	2.82	-0.93
Asset Writedown	-4.53	-	-	-0.83	-	-
Other Unusual Items	14.15	12.73	25	11.59	59.15	25.86
Pretax Income	20.89	-142.45	57.53	60.05	30.74	41.89
Income Tax Expense	46.54	46.08	9.46	2.81	5.74	24.63
Earnings From Continuing Operations	-25.65	-188.52	48.07	57.24	25	17.26
Minority Interest in Earnings	-23.01	-17.29	-18.56	-13.83	-3.87	-2.06
Net Income	-48.67	-205.81	29.51	43.41	21.13	15.21
Net Income to Common	-48.67	-205.81	29.51	43.41	21.13	15.21
Net Income Growth	-	-	-32.01%	105.48%	38.92%	-
Shares Outstanding (Basic)	1,850	1,838	1,845	1,809	1,921	1,901
Shares Outstanding (Diluted)	1,850	1,838	1,845	1,809	1,921	1,901
Shares Change (YoY)	-0.69%	-0.38%	1.98%	-5.82%	1.03%	14.31%
EPS (Basic)	-0.03	-0.11	0.02	0.02	0.01	0.01
EPS (Diluted)	-0.03	-0.11	0.02	0.02	0.01	0.01
EPS Growth	-	-	-33.33%	118.18%	37.50%	-
Free Cash Flow	231.19	564.06	-418.03	243.37	676.18	184.73
Free Cash Flow Per Share	0.12	0.31	-0.23	0.13	0.35	0.10
Gross Margin	11.73%	12.39%	18.34%	16.39%	13.53%	14.65%
Operating Margin	1.97%	-2.08%	2.71%	3.21%	1.81%	3.31%
Profit Margin	-1.06%	-5.94%	0.86%	1.05%	0.52%	0.43%
Free Cash Flow Margin	5.04%	16.29%	-12.13%	5.88%	16.55%	5.25%
EBITDA	206.71	54.23	232.58	307.97	261.56	314.22
EBITDA Margin	4.51%	1.57%	6.75%	7.44%	6.40%	8.93%
D&A For EBITDA	116.3	126.1	139.15	175.08	187.5	197.81
EBIT	90.4	-71.87	93.42	132.88	74.06	116.41
EBIT Margin	1.97%	-2.08%	2.71%	3.21%	1.81%	3.31%
Effective Tax Rate	222.83%	-	16.45%	4.68%	18.69%	58.79%
Revenue as Reported	4,586	3,462	3,446	4,140	4,085	3,518

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