Wangfujing Group Co., Ltd. (SHA: 600859)

Wangfujing 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	11,416	12,183	10,747	12,703	11,488	25,193
Other Revenue	41.62	41.62	52.45	51.18	47.87	1,596
Revenue	11,458	12,224	10,800	12,754	11,536	26,789
Revenue Growth (YoY)	-1.21%	13.19%	-15.32%	10.56%	-56.94%	0.29%
Cost of Revenue	6,901	7,269	6,847	7,517	7,727	21,360
Gross Profit	4,557	4,956	3,953	5,236	3,809	5,429
Selling, General & Admin	3,207	3,209	3,148	2,947	2,978	3,739
Other Operating Expenses	296.22	320.28	247.74	317.78	243.82	241.28
Operating Expenses	3,508	3,536	3,397	3,264	3,228	3,980
Operating Income	1,049	1,420	555.29	1,972	581.22	1,448
Interest Expense	-126.43	-469.15	-512.6	-562.55	-184.13	-212.93
Interest & Investment Income	116.53	254.31	583.96	502.14	350.66	326.59
Currency Exchange Gain (Loss)	2.99	2.99	16.45	-7.47	-12.28	0.63
Other Non Operating Income (Expenses)	-227.96	-66.57	-52.34	-59.99	-82.54	-149.54
EBT Excluding Unusual Items	814.22	1,141	590.77	1,844	652.93	1,413
Impairment of Goodwill	-	-	-	-	-5.67	-29.37
Gain (Loss) on Sale of Investments	-32.58	-17.54	-55.13	41.81	-63.84	71.42
Gain (Loss) on Sale of Assets	24.2	30.2	3.05	5.66	-2.45	-0.91
Asset Writedown	-5.33	-1.04	-1.59	-1.03	-1.83	-16.22
Other Unusual Items	105.89	55.61	-4.01	15.22	20.22	6.8
Pretax Income	906.39	1,208	533.08	1,906	599.36	1,445
Income Tax Expense	406.43	448.48	396.63	528.04	293.28	499.77
Earnings From Continuing Operations	499.96	759.99	136.44	1,378	306.09	945.12
Minority Interest in Earnings	-11.72	-50.62	58.37	-38.04	32.69	16.22
Net Income	488.25	709.38	194.81	1,340	338.78	961.34
Net Income to Common	488.25	709.38	194.81	1,340	338.78	961.34
Net Income Growth	14.14%	264.14%	-85.46%	295.48%	-64.76%	-19.98%
Shares Outstanding (Basic)	1,133	1,135	1,133	983	976	777
Shares Outstanding (Diluted)	1,136	1,137	1,139	987	982	777
Shares Change (YoY)	-0.51%	-0.21%	15.39%	0.55%	26.46%	0.05%
EPS (Basic)	0.43	0.63	0.17	1.36	0.35	1.24
EPS (Diluted)	0.43	0.62	0.17	1.36	0.34	1.24
EPS Growth	14.73%	264.91%	-87.40%	293.33%	-72.13%	-20.03%
Free Cash Flow	1,623	2,682	908.05	1,665	38.27	297.96
Free Cash Flow Per Share	1.43	2.36	0.80	1.69	0.04	0.38
Dividend Per Share	0.200	0.200	0.100	0.400	0.150	0.380
Dividend Growth	100.00%	100.00%	-75.00%	166.67%	-60.53%	-19.15%
Gross Margin	39.77%	40.54%	36.60%	41.06%	33.02%	20.26%
Operating Margin	9.16%	11.61%	5.14%	15.46%	5.04%	5.41%
Profit Margin	4.26%	5.80%	1.80%	10.51%	2.94%	3.59%
Free Cash Flow Margin	14.16%	21.94%	8.41%	13.05%	0.33%	1.11%
EBITDA	1,595	1,947	1,058	2,452	1,037	1,822
EBITDA Margin	13.92%	15.93%	9.80%	19.23%	8.99%	6.80%
D&A For EBITDA	545.44	527.16	502.8	480.22	455.5	373.72
EBIT	1,049	1,420	555.29	1,972	581.22	1,448
EBIT Margin	9.16%	11.61%	5.14%	15.46%	5.04%	5.41%
Effective Tax Rate	44.84%	37.11%	74.40%	27.71%	48.93%	34.59%
Revenue as Reported	2,959	12,224	10,800	12,754	11,536	26,789
Advertising Expenses	-	409.84	311.09	334.56	322.06	191.17

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