China Marine Information Electronics Company Limited (SHA: 600764)

China Marine Information Electronics Company 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	3,355	3,563	4,264	4,837	4,627	4,038
Other Revenue	39.52	28.77	27.47	36.99	42.53	35.85
Revenue	3,394	3,592	4,292	4,874	4,670	4,074
Revenue Growth (YoY)	-18.58%	-16.31%	-11.95%	4.38%	14.62%	15.20%
Cost of Revenue	2,286	2,467	2,957	3,156	3,104	2,608
Gross Profit	1,108	1,124	1,335	1,718	1,566	1,466
Selling, General & Admin	400.56	405.96	384.54	438.3	367.65	398.56
Research & Development	346.62	360.19	354.89	325.24	326.29	267.16
Other Operating Expenses	37.2	16.18	19.65	15.31	13.48	-12.25
Operating Expenses	861.47	861.44	775.54	824.41	759.14	692.04
Operating Income	246.72	262.85	559.2	893.36	806.72	773.92
Interest Expense	-23.84	-23.91	-24.22	-24.75	-32.31	-37.29
Interest & Investment Income	33.35	42.59	34.08	35.19	25.05	13.41
Currency Exchange Gain (Loss)	0.08	0.18	0.79	-0.41	-0.97	0.01
Other Non Operating Income (Expenses)	-1.6	-2.78	-0.54	0.77	-1.38	-0.47
EBT Excluding Unusual Items	254.71	278.93	569.3	904.16	797.11	749.58
Gain (Loss) on Sale of Assets	-0.38	-0.56	-0.93	0.73	0.01	0.02
Asset Writedown	-	-	-	-	-0.92	-0.1
Other Unusual Items	88.19	66.09	64.4	38.95	37.73	19.96
Pretax Income	342.52	344.46	632.77	943.84	833.93	769.45
Income Tax Expense	22.18	18.57	47.96	94.95	85.96	97.15
Earnings From Continuing Operations	320.34	325.89	584.81	848.89	747.97	672.3
Minority Interest in Earnings	-26.62	-17.31	-	-	-	-25.92
Net Income	293.72	308.58	584.81	848.89	747.97	646.38
Net Income to Common	293.72	308.58	584.81	848.89	747.97	646.38
Net Income Growth	-44.71%	-47.23%	-31.11%	13.49%	15.72%	36.26%
Shares Outstanding (Basic)	711	711	711	711	697	613
Shares Outstanding (Diluted)	711	711	711	711	697	613
Shares Change (YoY)	0.01%	0.01%	-0.00%	1.88%	13.76%	0.46%
EPS (Basic)	0.41	0.43	0.82	1.19	1.07	1.05
EPS (Diluted)	0.41	0.43	0.82	1.19	1.07	1.05
EPS Growth	-44.72%	-47.24%	-31.11%	11.40%	1.72%	35.63%
Free Cash Flow	131.85	-72.59	632.46	383.36	-25.14	-77.54
Free Cash Flow Per Share	0.19	-0.10	0.89	0.54	-0.04	-0.13
Dividend Per Share	0.131	0.131	0.247	0.359	0.316	0.273
Dividend Growth	-46.96%	-46.96%	-31.20%	13.61%	15.75%	-
Gross Margin	32.65%	31.30%	31.10%	35.24%	33.53%	35.98%
Operating Margin	7.27%	7.32%	13.03%	18.33%	17.28%	19.00%
Profit Margin	8.65%	8.59%	13.63%	17.42%	16.02%	15.87%
Free Cash Flow Margin	3.88%	-2.02%	14.74%	7.87%	-0.54%	-1.90%
EBITDA	352.22	366.29	655.72	973.17	881.4	841.28
EBITDA Margin	10.38%	10.20%	15.28%	19.97%	18.88%	20.65%
D&A For EBITDA	105.5	103.44	96.53	79.82	74.68	67.36
EBIT	246.72	262.85	559.2	893.36	806.72	773.92
EBIT Margin	7.27%	7.32%	13.03%	18.33%	17.28%	19.00%
Effective Tax Rate	6.48%	5.39%	7.58%	10.06%	10.31%	12.63%
Revenue as Reported	3,394	3,592	4,292	4,874	4,670	4,074
Advertising Expenses	-	2.26	1.58	5	5.06	5.08

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