AVIC Industry-Finance Holdings Co., Ltd. (SHA: 600705)

AVIC Industry-Finance Holdings 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
Interest and Dividend Income	13,892	14,342	14,050	13,789	13,376	13,328
Total Interest Expense	4,438	4,319	4,084	4,274	3,365	3,337
Net Interest Income	9,454	10,023	9,966	9,515	10,011	9,991
Other Revenue	1,952	2,597	4,105	5,296	4,965	4,704
Revenue Before Loan Losses	11,406	12,619	14,071	14,810	14,976	14,695
Provision for Loan Losses	339.29	339.29	58.22	-27.86	75.92	1,491
Revenue	11,067	12,280	14,013	14,838	14,900	13,205
Revenue Growth (YoY)	-16.45%	-12.36%	-5.56%	-0.42%	12.84%	18.75%
Salaries & Employee Benefits	7.49	7.49	-	-	-	-
Cost of Services Provided	9,828	10,330	10,146	9,442	9,191	9,289
Other Operating Expenses	-135.56	-8.13	43.71	-34.11	469.78	139.27
Total Operating Expenses	9,445	10,344	10,184	9,466	9,738	9,428
Operating Income	1,622	1,936	3,829	5,372	5,162	3,777
Currency Exchange Gains	-39.26	-34.63	-123.44	-28.56	49.89	0.89
Other Non-Operating Income (Expenses)	1,643	2,115	1,791	1,844	1,316	2,074
EBT Excluding Unusual Items	3,226	4,016	5,496	7,188	6,528	5,852
Impairment of Goodwill	-	-	-10.06	-	-	-
Asset Writedown	-98.54	-98.54	-77.81	0.22	1.09	-0.05
Legal Settlements	-	-	-	-	-0.99	-
Gain (Loss) on Sale of Investments	-1,203	-1,856	-1,840	206.8	-234.3	122.35
Other Unusual Items	117.69	117.69	116.68	83.29	360.58	221.35
Pretax Income	1,968	2,165	3,711	7,490	6,829	6,411
Income Tax Expense	574.4	681.19	792.23	1,373	1,560	1,687
Earnings From Continuing Ops.	1,393	1,484	2,919	6,117	5,270	4,724
Minority Interest in Earnings	-1,195	-1,194	-1,237	-1,646	-1,995	-1,660
Net Income	198.7	290.19	1,682	4,471	3,274	3,064
Net Income to Common	198.7	290.19	1,682	4,471	3,274	3,064
Net Income Growth	-60.24%	-82.75%	-62.38%	36.56%	6.87%	-3.24%
Shares Outstanding (Basic)	8,746	8,801	8,798	8,798	8,849	8,857
Shares Outstanding (Diluted)	8,767	8,822	8,798	8,798	8,849	8,857
Shares Change (YoY)	2.12%	0.27%	-	-0.58%	-0.09%	-1.33%
EPS (Basic)	0.02	0.03	0.19	0.51	0.37	0.35
EPS (Diluted)	0.02	0.03	0.19	0.51	0.37	0.35
EPS Growth	-65.34%	-84.21%	-62.61%	37.35%	6.98%	-1.18%
Free Cash Flow	23,737	880.37	18,181	43,627	7,377	-6,801
Free Cash Flow Per Share	2.71	0.10	2.07	4.96	0.83	-0.77
Dividend Per Share	0.010	0.010	0.060	0.152	0.217	0.036
Dividend Growth	-83.33%	-83.33%	-60.53%	-29.95%	502.78%	-7.69%
Operating Margin	14.65%	15.77%	27.33%	36.20%	34.64%	28.60%
Profit Margin	1.80%	2.36%	12.00%	30.13%	21.97%	23.20%
Free Cash Flow Margin	214.49%	7.17%	129.74%	294.02%	49.51%	-51.51%
Effective Tax Rate	29.19%	31.46%	21.35%	18.33%	22.84%	26.32%
Revenue as Reported	15,844	16,939	18,155	19,084	18,341	18,032

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