Shanghai Bailian (Group) Co., Ltd. (SHA: 600827)

Shanghai Bailian (Group) 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	27,683	29,643	31,428	33,571	34,105	48,835
Other Revenue	875.76	875.76	857.52	1,079	1,116	1,624
Revenue	28,559	30,519	32,286	34,650	35,221	50,459
Revenue Growth (YoY)	-7.15%	-5.47%	-6.82%	-1.62%	-30.20%	4.20%
Cost of Revenue	21,239	22,430	24,237	25,393	26,330	39,925
Gross Profit	7,320	8,089	8,048	9,257	8,890	10,534
Selling, General & Admin	6,878	7,283	7,659	7,841	7,787	8,856
Research & Development	10.53	18.67	17.77	21.76	17.42	14.64
Other Operating Expenses	370.47	363.99	282.89	367.54	315.94	369.19
Operating Expenses	7,268	7,675	7,961	8,231	8,124	9,242
Operating Income	51.52	414.67	87.41	1,026	765.76	1,292
Interest Expense	-538.61	-578.46	-639.37	-647.99	-459.12	-445.39
Interest & Investment Income	2,477	625.48	1,282	700.05	750.95	654.9
Currency Exchange Gain (Loss)	-0.01	-0.01	-0.45	-0.34	-0.04	-1.1
Other Non Operating Income (Expenses)	14.24	65.05	-95.22	-15.28	-42.36	-66.1
EBT Excluding Unusual Items	2,004	526.73	634.31	1,062	1,015	1,434
Merger & Restructuring Charges	-72.47	-72.47	-23.07	-3.35	-259.24	-4.97
Impairment of Goodwill	-1.92	-1.92	-1.92	-	-	-
Gain (Loss) on Sale of Investments	-182.27	-197.19	-16.52	14.4	-57.01	-70.16
Gain (Loss) on Sale of Assets	134.05	49.26	30.59	59.71	324.96	153.94
Asset Writedown	-14.63	-16.47	-38.79	-113.68	-82.78	-133.91
Other Unusual Items	181.9	181.9	426.36	160.6	452.66	218.85
Pretax Income	2,049	469.84	1,011	1,180	1,394	1,598
Income Tax Expense	876.04	526.55	411.04	546.85	631.4	690.08
Earnings From Continuing Operations	1,173	-56.72	599.91	632.79	762.39	908.03
Minority Interest in Earnings	499	455.83	74.16	119.73	7.82	50.17
Net Income	1,672	399.11	674.07	752.52	770.21	958.19
Net Income to Common	1,672	399.11	674.07	752.52	770.21	958.19
Net Income Growth	38.04%	-40.79%	-10.42%	-2.30%	-19.62%	9.87%
Shares Outstanding (Basic)	1,750	1,784	1,784	1,792	1,791	1,774
Shares Outstanding (Diluted)	1,750	1,784	1,784	1,792	1,791	1,774
Shares Change (YoY)	-5.77%	-	-0.42%	0.03%	0.94%	-0.30%
EPS (Basic)	0.96	0.22	0.38	0.42	0.43	0.54
EPS (Diluted)	0.95	0.22	0.38	0.42	0.43	0.54
EPS Growth	45.91%	-41.77%	-10.05%	-2.33%	-20.37%	10.20%
Free Cash Flow	1,315	2,496	2,489	2,170	2,941	1,097
Free Cash Flow Per Share	0.75	1.40	1.40	1.21	1.64	0.62
Dividend Per Share	0.120	0.120	0.120	0.150	0.150	0.100
Dividend Growth	0%	0%	-20.00%	0%	50.00%	-44.44%
Gross Margin	25.63%	26.51%	24.93%	26.72%	25.24%	20.88%
Operating Margin	0.18%	1.36%	0.27%	2.96%	2.17%	2.56%
Profit Margin	5.85%	1.31%	2.09%	2.17%	2.19%	1.90%
Free Cash Flow Margin	4.61%	8.18%	7.71%	6.26%	8.35%	2.17%
EBITDA	1,091	1,505	1,244	2,172	1,885	2,360
EBITDA Margin	3.82%	4.93%	3.85%	6.27%	5.35%	4.68%
D&A For EBITDA	1,040	1,090	1,157	1,146	1,119	1,068
EBIT	51.52	414.67	87.41	1,026	765.76	1,292
EBIT Margin	0.18%	1.36%	0.27%	2.96%	2.17%	2.56%
Effective Tax Rate	42.76%	112.07%	40.66%	46.36%	45.30%	43.18%
Revenue as Reported	28,559	30,519	32,286	34,650	35,221	50,459

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