China National Gold Group Gold Jewellery Co.,Ltd. (SHA:600916)

SHA:600916 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	61,296	56,035	46,858	50,637	33,705	38,179
Other Revenue	329.25	329.25	265.88	121.04	82.18	94.92
Revenue	61,625	56,364	47,124	50,758	33,788	38,274
Revenue Growth (YoY)	16.83%	19.61%	-7.16%	50.23%	-11.72%	-6.44%
Cost of Revenue	59,096	54,044	45,291	49,197	32,353	36,312
Gross Profit	2,530	2,321	1,833	1,561	1,435	1,962
Selling, General & Admin	709.3	687.32	595.87	599.01	468.99	499.47
Research & Development	17.25	27.33	27.78	14.62	5.41	8.53
Other Operating Expenses	78.38	79.27	68.71	77.5	50.52	44.73
Operating Expenses	792.37	808.18	704.45	698.46	539.63	610.08
Operating Income	1,737	1,513	1,129	862.63	895.12	1,352
Interest Expense	-62.85	-62.85	-72.11	-103.92	-111.32	-108.09
Interest & Investment Income	59.68	46.48	50.5	148.71	21.42	17.43
Other Non Operating Income (Expenses)	-115.85	-39.38	-4.39	-2.97	-2.39	-2.46
EBT Excluding Unusual Items	1,618	1,457	1,103	904.45	802.83	1,259
Gain (Loss) on Sale of Investments	-635.08	-412.42	-243.66	50.21	-244.71	-668.31
Gain (Loss) on Sale of Assets	2.04	2.05	-	-1.1	-0	-0.28
Asset Writedown	0.09	-0.24	-0.02	-0	-	-
Other Unusual Items	218.83	156.21	87.24	47.42	70.88	17.51
Pretax Income	1,204	1,203	946.54	1,001	628.99	607.43
Income Tax Expense	220.29	225.27	179.46	203.2	126.94	157.22
Earnings From Continuing Operations	983.97	977.24	767.07	797.77	502.05	450.21
Minority Interest in Earnings	-5.76	-3.76	-1.74	-3.34	-1.9	1.26
Net Income	978.22	973.48	765.33	794.43	500.16	451.46
Net Income to Common	978.22	973.48	765.33	794.43	500.16	451.46
Net Income Growth	9.64%	27.20%	-3.66%	58.84%	10.79%	24.85%
Shares Outstanding (Basic)	1,686	1,678	1,664	1,655	1,516	1,505
Shares Outstanding (Diluted)	1,686	1,678	1,664	1,655	1,516	1,505
Shares Change (YoY)	0.27%	0.88%	0.53%	9.20%	0.71%	-0.12%
EPS (Basic)	0.58	0.58	0.46	0.48	0.33	0.30
EPS (Diluted)	0.58	0.58	0.46	0.48	0.33	0.30
EPS Growth	9.35%	26.09%	-4.17%	45.45%	10.00%	25.00%
Free Cash Flow	3,081	1,517	1,153	782.84	533.67	458.56
Free Cash Flow Per Share	1.83	0.90	0.69	0.47	0.35	0.30
Dividend Per Share	0.450	0.450	0.300	0.240	0.160	-
Dividend Growth	50.00%	50.00%	25.00%	50.00%	-	-
Gross Margin	4.11%	4.12%	3.89%	3.08%	4.25%	5.13%
Operating Margin	2.82%	2.68%	2.40%	1.70%	2.65%	3.53%
Profit Margin	1.59%	1.73%	1.62%	1.57%	1.48%	1.18%
Free Cash Flow Margin	5.00%	2.69%	2.45%	1.54%	1.58%	1.20%
EBITDA	1,744	1,523	1,144	875.35	905.52	1,362
EBITDA Margin	2.83%	2.70%	2.43%	1.73%	2.68%	3.56%
D&A For EBITDA	6.85	10.2	14.67	12.72	10.41	9.99
EBIT	1,737	1,513	1,129	862.63	895.12	1,352
EBIT Margin	2.82%	2.68%	2.40%	1.70%	2.65%	3.53%
Effective Tax Rate	18.29%	18.73%	18.96%	20.30%	20.18%	25.88%
Revenue as Reported	61,625	56,364	47,124	50,758	33,788	38,274
Advertising Expenses	-	31.18	58.08	56.6	51.33	59.02

Source: S&P Global Market Intelligence. Standard template. Financial Sources.