Xiamen Faratronic Co., Ltd. (SHA: 600563)

Xiamen Faratronic 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	4,369	3,801	3,746	2,731	1,854	1,645
Other Revenue	78.65	78.65	90.5	79.35	37.03	35.13
Revenue	4,447	3,880	3,836	2,811	1,891	1,680
Revenue Growth (YoY)	14.30%	1.14%	36.49%	48.66%	12.51%	-2.39%
Cost of Revenue	2,907	2,401	2,377	1,635	1,066	969.39
Gross Profit	1,541	1,479	1,459	1,176	824.19	710.93
Selling, General & Admin	222.53	204.44	214.74	188.08	144.41	141.39
Research & Development	153.66	141.29	133.27	107.39	75.27	68.97
Other Operating Expenses	-5.06	10.31	27.63	23.24	19.56	19.76
Operating Expenses	398.91	361.09	391.62	321.71	242.99	229.83
Operating Income	1,142	1,118	1,067	853.93	581.21	481.11
Interest Expense	-3.36	-4.78	-5.83	-4.32	-0.37	-0.44
Interest & Investment Income	55.33	49.91	37.31	73.63	45.97	33.13
Currency Exchange Gain (Loss)	3.59	3.59	20.39	-14.16	-16.46	4.35
Other Non Operating Income (Expenses)	-3.27	-0.88	-1.15	-0.13	-2.4	-1.64
EBT Excluding Unusual Items	1,194	1,165	1,118	908.95	607.94	516.51
Gain (Loss) on Sale of Investments	40.27	5.2	12.12	53.53	30.9	11.8
Gain (Loss) on Sale of Assets	-5.34	-2.47	-2.85	-1.62	-1.66	-1.12
Asset Writedown	1.93	-	-	-	-	-
Other Unusual Items	22.26	17.04	26.73	16.65	19.34	14.92
Pretax Income	1,253	1,185	1,154	977.59	656.52	542.11
Income Tax Expense	168.05	157.33	133.75	133.23	92.19	75.63
Earnings From Continuing Operations	1,085	1,028	1,020	844.35	564.33	466.48
Minority Interest in Earnings	-1.08	-3.78	-13.65	-13.73	-8.77	-10.53
Net Income	1,084	1,024	1,007	830.62	555.56	455.95
Net Income to Common	1,084	1,024	1,007	830.62	555.56	455.95
Net Income Growth	5.28%	1.72%	21.21%	49.51%	21.85%	0.91%
Shares Outstanding (Basic)	225	225	225	225	225	225
Shares Outstanding (Diluted)	225	225	225	225	225	225
Shares Change (YoY)	0.28%	-0.07%	0.06%	0.08%	0.14%	-0.18%
EPS (Basic)	4.81	4.55	4.47	3.69	2.47	2.03
EPS (Diluted)	4.81	4.55	4.47	3.69	2.47	2.03
EPS Growth	4.99%	1.79%	21.14%	49.39%	21.67%	1.08%
Free Cash Flow	885.01	652.31	456.76	604.73	223.14	523.15
Free Cash Flow Per Share	3.93	2.90	2.03	2.69	0.99	2.33
Dividend Per Share	2.000	2.000	1.800	1.600	1.300	1.300
Dividend Growth	11.11%	11.11%	12.50%	23.08%	0%	0%
Gross Margin	34.65%	38.11%	38.03%	41.83%	43.59%	42.31%
Operating Margin	25.68%	28.80%	27.83%	30.38%	30.74%	28.63%
Profit Margin	24.38%	26.39%	26.24%	29.55%	29.39%	27.13%
Free Cash Flow Margin	19.90%	16.81%	11.91%	21.52%	11.80%	31.13%
EBITDA	1,334	1,284	1,198	944.32	654.04	550.26
EBITDA Margin	30.00%	33.08%	31.23%	33.60%	34.59%	32.75%
D&A For EBITDA	192.42	165.98	130.72	90.39	72.84	69.15
EBIT	1,142	1,118	1,067	853.93	581.21	481.11
EBIT Margin	25.68%	28.80%	27.83%	30.38%	30.74%	28.63%
Effective Tax Rate	13.41%	13.27%	11.59%	13.63%	14.04%	13.95%
Revenue as Reported	4,447	3,880	3,836	2,811	1,891	1,680

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