AECC Aviation Power Co.,Ltd (SHA: 600893)

AECC Aviation Power 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	43,852	43,103	36,570	33,665	28,266	24,915
Other Revenue	655.17	630.74	526.86	436.98	367.1	295.01
Revenue	44,507	43,734	37,097	34,102	28,633	25,210
Revenue Growth (YoY)	11.08%	17.89%	8.78%	19.10%	13.57%	9.13%
Cost of Revenue	40,047	39,266	33,404	30,461	24,922	21,401
Gross Profit	4,459	4,468	3,693	3,641	3,711	3,810
Selling, General & Admin	2,027	2,043	1,840	2,105	1,724	1,954
Research & Development	491.35	553.45	710.5	472.77	446.97	420.15
Other Operating Expenses	129.88	196.9	123.66	69.89	62.78	79.92
Operating Expenses	2,764	2,846	2,771	2,693	2,316	2,473
Operating Income	1,695	1,621	921.96	947.96	1,395	1,337
Interest Expense	-370.11	-295.98	-150.61	-142.34	-257.38	-418.12
Interest & Investment Income	208.83	456.34	473.39	512.02	146.32	107.36
Currency Exchange Gain (Loss)	0.4	19.78	87.96	-21.45	-43.69	16.35
Other Non Operating Income (Expenses)	-66.53	-66.58	-27.46	-124.68	-12.16	-5.79
EBT Excluding Unusual Items	1,468	1,735	1,305	1,172	1,228	1,036
Gain (Loss) on Sale of Investments	-71	-145	31	-28	38	139
Gain (Loss) on Sale of Assets	-14.56	-14.11	-11.05	3.15	9.39	-39.87
Asset Writedown	-0.25	-0.25	-30.88	-0.14	-83.66	-0.23
Other Unusual Items	217.16	133.05	262.75	260.88	218.38	210.74
Pretax Income	1,599	1,709	1,557	1,407	1,410	1,346
Income Tax Expense	197.38	189.56	205.69	176.26	243.66	237.21
Earnings From Continuing Operations	1,402	1,519	1,351	1,231	1,166	1,109
Minority Interest in Earnings	-110.8	-97.59	-84.15	-43.53	-20.09	-31.47
Net Income	1,291	1,421	1,267	1,188	1,146	1,077
Net Income to Common	1,291	1,421	1,267	1,188	1,146	1,077
Net Income Growth	-3.74%	12.17%	6.70%	3.63%	6.37%	1.27%
Shares Outstanding (Basic)	2,691	2,682	2,640	2,639	2,339	2,245
Shares Outstanding (Diluted)	2,691	2,682	2,640	2,639	2,339	2,245
Shares Change (YoY)	2.46%	1.59%	0.03%	12.84%	4.19%	-0.84%
EPS (Basic)	0.48	0.53	0.48	0.45	0.49	0.48
EPS (Diluted)	0.48	0.53	0.48	0.45	0.49	0.48
EPS Growth	-6.05%	10.42%	6.67%	-8.16%	2.08%	2.13%
Free Cash Flow	-10,336	-10,083	-14,080	13,692	1,020	2,643
Free Cash Flow Per Share	-3.84	-3.76	-5.33	5.19	0.44	1.18
Dividend Per Share	0.160	0.160	0.145	0.135	0.130	0.144
Dividend Growth	10.34%	10.34%	7.41%	3.85%	-9.72%	1.41%
Gross Margin	10.02%	10.22%	9.96%	10.68%	12.96%	15.11%
Operating Margin	3.81%	3.71%	2.49%	2.78%	4.87%	5.30%
Profit Margin	2.90%	3.25%	3.42%	3.48%	4.00%	4.27%
Free Cash Flow Margin	-23.22%	-23.05%	-37.96%	40.15%	3.56%	10.48%
EBITDA	3,580	3,464	2,732	2,537	2,946	2,822
EBITDA Margin	8.04%	7.92%	7.36%	7.44%	10.29%	11.19%
D&A For EBITDA	1,884	1,842	1,810	1,589	1,551	1,485
EBIT	1,695	1,621	921.96	947.96	1,395	1,337
EBIT Margin	3.81%	3.71%	2.49%	2.78%	4.87%	5.30%
Effective Tax Rate	12.34%	11.09%	13.21%	12.52%	17.28%	17.62%
Revenue as Reported	44,507	43,734	37,097	34,102	28,633	25,210
Advertising Expenses	-	0.02	0.1	1.89	1.32	-

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