Cofco Sugar Holding CO.,LTD. (SHA: 600737)

Cofco Sugar Holding 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	31,778	32,938	26,434	25,043	20,949	18,206
Other Revenue	176.08	176.08	157.43	117.27	179.89	219.08
Revenue	31,954	33,114	26,592	25,160	21,129	18,425
Revenue Growth (YoY)	3.02%	24.53%	5.69%	19.08%	14.68%	5.20%
Cost of Revenue	28,183	29,042	24,522	22,850	18,563	16,180
Gross Profit	3,771	4,072	2,070	2,311	2,566	2,245
Selling, General & Admin	1,106	1,167	998.52	1,229	1,311	1,249
Research & Development	29.54	44.31	22.05	20.71	38.36	53.63
Other Operating Expenses	121.23	208.12	104.34	98.42	68.54	100.81
Operating Expenses	1,239	1,420	1,129	1,350	1,413	1,408
Operating Income	2,531	2,652	940.25	961.08	1,152	836.5
Interest Expense	-119.11	-101.04	-143.02	-178.7	-243.29	-268.47
Interest & Investment Income	-	81.35	157.52	65.15	146.84	211.26
Currency Exchange Gain (Loss)	-6.16	-6.16	36.54	0.35	-52.94	15.7
Other Non Operating Income (Expenses)	-8.29	7.51	-57.33	-63.61	-32.12	-57.63
EBT Excluding Unusual Items	2,398	2,633	933.97	784.26	970.86	737.37
Impairment of Goodwill	-	-	-	-	-185.02	-
Gain (Loss) on Sale of Investments	5.14	-52.55	0.3	9.39	-40.08	9.2
Gain (Loss) on Sale of Assets	-15.27	-13.81	-5.84	-14.77	-14.69	13.55
Asset Writedown	-155.48	-15.46	-21.71	-66.34	-34.52	-12.88
Other Unusual Items	16.78	16.78	92.88	47.36	43.29	42.09
Pretax Income	2,249	2,568	999.58	759.91	739.85	789.33
Income Tax Expense	408.5	444.6	211.61	224.21	182.02	178.22
Earnings From Continuing Operations	1,841	2,124	787.98	535.69	557.83	611.11
Minority Interest in Earnings	-45.65	-50.34	-39.6	-16.17	-28.68	-31.53
Net Income	1,795	2,073	748.37	519.52	529.15	579.58
Net Income to Common	1,795	2,073	748.37	519.52	529.15	579.58
Net Income Growth	25.65%	177.04%	44.05%	-1.82%	-8.70%	15.04%
Shares Outstanding (Basic)	2,139	2,139	2,139	2,139	2,139	2,117
Shares Outstanding (Diluted)	2,139	2,139	2,139	2,139	2,139	2,117
Shares Change (YoY)	-0.01%	-0.00%	-0.00%	0.00%	1.04%	3.15%
EPS (Basic)	0.84	0.97	0.35	0.24	0.25	0.27
EPS (Diluted)	0.84	0.97	0.35	0.24	0.25	0.27
EPS Growth	25.66%	177.05%	44.05%	-1.82%	-9.64%	11.53%
Free Cash Flow	1,923	235.38	-504.5	-327.63	703.89	692.17
Free Cash Flow Per Share	0.90	0.11	-0.24	-0.15	0.33	0.33
Dividend Per Share	0.830	0.870	0.260	0.110	0.080	0.125
Dividend Growth	66.00%	234.62%	136.36%	37.50%	-36.00%	-
Gross Margin	11.80%	12.30%	7.78%	9.18%	12.14%	12.18%
Operating Margin	7.92%	8.01%	3.54%	3.82%	5.45%	4.54%
Profit Margin	5.62%	6.26%	2.81%	2.06%	2.50%	3.15%
Free Cash Flow Margin	6.02%	0.71%	-1.90%	-1.30%	3.33%	3.76%
EBITDA	2,898	3,024	1,321	1,347	1,546	1,224
EBITDA Margin	9.07%	9.13%	4.97%	5.35%	7.32%	6.64%
D&A For EBITDA	366.82	372.59	380.29	386.09	394.03	387.62
EBIT	2,531	2,652	940.25	961.08	1,152	836.5
EBIT Margin	7.92%	8.01%	3.54%	3.82%	5.45%	4.54%
Effective Tax Rate	18.16%	17.31%	21.17%	29.51%	24.60%	22.58%
Revenue as Reported	31,954	33,114	26,592	25,160	21,129	18,425
Advertising Expenses	-	3.11	0.4	0.45	0.12	0.49

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