Wuxi Taiji Industry Limited Corporation (SHA: 600667)

Wuxi Taiji Industry Limited 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	37,436	39,261	35,085	24,212	17,787	16,879
Other Revenue	116.22	116.22	109.5	77.02	58.88	38.93
Revenue	37,552	39,377	35,195	24,289	17,846	16,917
Revenue Growth (YoY)	-1.15%	11.88%	44.90%	36.10%	5.49%	8.09%
Cost of Revenue	34,523	36,168	32,714	21,623	15,627	14,750
Gross Profit	3,029	3,208	2,481	2,666	2,219	2,167
Selling, General & Admin	768.31	740.03	716.02	657.53	550.61	559.65
Research & Development	1,140	1,202	1,098	767.3	535.51	501.08
Other Operating Expenses	86.28	74.01	66.45	62.16	42.97	36.46
Operating Expenses	2,057	2,227	2,489	1,521	1,187	1,211
Operating Income	972.14	981.33	-8.71	1,145	1,032	956.17
Interest Expense	-185.74	-223.96	-210.8	-176.54	-207.59	-239.75
Interest & Investment Income	278.61	287.76	281.6	213.44	238.44	147.13
Currency Exchange Gain (Loss)	10.19	10.19	-4.31	0.98	-10.44	4.63
Other Non Operating Income (Expenses)	-52.05	-53.44	-291.15	-55.06	-18.72	-20.46
EBT Excluding Unusual Items	1,023	1,002	-233.38	1,128	1,034	847.72
Gain (Loss) on Sale of Investments	-	-	-	-	-4.45	-
Gain (Loss) on Sale of Assets	2.03	5.73	-11.19	1.42	6.83	-29.17
Asset Writedown	-135.34	-67.99	-386.77	-2.73	-4.46	-14.26
Other Unusual Items	13.44	13.44	17	4.99	25.46	7.88
Pretax Income	903.29	953.07	-614.34	1,132	1,057	812.18
Income Tax Expense	119.98	123.77	38.18	123.58	106.92	90.75
Earnings From Continuing Operations	783.31	829.29	-652.51	1,008	950.34	721.43
Minority Interest in Earnings	-117.2	-98.97	-90.03	-99.22	-117.42	-99.26
Net Income	666.12	730.33	-742.55	908.98	832.92	622.17
Net Income to Common	666.12	730.33	-742.55	908.98	832.92	622.17
Net Income Growth	140.71%	-	-	9.13%	33.87%	8.59%
Shares Outstanding (Basic)	2,086	2,087	2,122	2,114	2,082	2,074
Shares Outstanding (Diluted)	2,086	2,087	2,122	2,114	2,082	2,074
Shares Change (YoY)	-2.82%	-1.65%	0.36%	1.52%	0.41%	-2.26%
EPS (Basic)	0.32	0.35	-0.35	0.43	0.40	0.30
EPS (Diluted)	0.32	0.35	-0.35	0.43	0.40	0.30
EPS Growth	147.71%	-	-	7.50%	33.33%	11.11%
Free Cash Flow	2,258	719.3	1,338	1,006	1,217	457.5
Free Cash Flow Per Share	1.08	0.34	0.63	0.48	0.58	0.22
Dividend Per Share	0.105	0.105	-	0.170	0.170	0.148
Dividend Growth	-	-	-	0%	14.86%	8.03%
Gross Margin	8.07%	8.15%	7.05%	10.98%	12.43%	12.81%
Operating Margin	2.59%	2.49%	-0.02%	4.72%	5.78%	5.65%
Profit Margin	1.77%	1.85%	-2.11%	3.74%	4.67%	3.68%
Free Cash Flow Margin	6.01%	1.83%	3.80%	4.14%	6.82%	2.70%
EBITDA	1,658	1,692	734.34	1,922	1,831	1,692
EBITDA Margin	4.42%	4.30%	2.09%	7.91%	10.26%	10.00%
D&A For EBITDA	686.11	710.51	743.04	776.38	798.34	736.31
EBIT	972.14	981.33	-8.71	1,145	1,032	956.17
EBIT Margin	2.59%	2.49%	-0.02%	4.72%	5.78%	5.65%
Effective Tax Rate	13.28%	12.99%	-	10.92%	10.11%	11.17%
Revenue as Reported	37,552	39,377	35,195	24,289	17,846	16,917
Advertising Expenses	-	2.27	0.81	1.08	2.01	2.68

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