Universal Scientific Industrial (Shanghai) Co., Ltd. (SHA: 601231)

Universal Scientific Industrial (Shanghai) 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	61,680	60,730	68,470	55,254	47,672	37,184
Other Revenue	62.07	62.07	45.98	46.05	24.13	20.18
Revenue	61,742	60,792	68,516	55,300	47,696	37,204
Revenue Growth (YoY)	-0.49%	-11.27%	23.90%	15.94%	28.20%	10.89%
Cost of Revenue	55,994	55,169	61,418	50,044	42,859	33,531
Gross Profit	5,748	5,623	7,098	5,256	4,837	3,673
Selling, General & Admin	1,790	1,542	1,719	1,453	1,320	1,079
Research & Development	1,918	1,785	2,019	1,625	1,561	1,357
Other Operating Expenses	142.74	77.36	55.43	49.82	61.71	-13.43
Operating Expenses	3,865	3,427	3,804	3,133	2,935	2,417
Operating Income	1,883	2,196	3,294	2,123	1,902	1,256
Interest Expense	-418.01	-400.22	-235	-201.33	-90.19	-80.83
Interest & Investment Income	617.99	379.23	226.63	179.46	143.89	127
Currency Exchange Gain (Loss)	-32.02	-32.02	136.34	-62.66	-63.27	9.35
Other Non Operating Income (Expenses)	-298.19	-16.32	-8.2	-4.36	-2.74	8.08
EBT Excluding Unusual Items	1,753	2,127	3,414	2,034	1,889	1,320
Gain (Loss) on Sale of Investments	-27.03	-27.11	31.84	44.59	-6.27	111.78
Gain (Loss) on Sale of Assets	4.51	5.43	2.72	-9.12	1.17	1.82
Asset Writedown	209.82	-	-49.85	-	-	-0.51
Other Unusual Items	101.35	84.73	78.43	69.25	89.32	-
Pretax Income	2,041	2,190	3,477	2,139	1,974	1,433
Income Tax Expense	187.11	239.98	417.21	282.17	240	172.66
Earnings From Continuing Operations	1,854	1,950	3,060	1,857	1,734	1,260
Minority Interest in Earnings	-2.06	-1.86	-0.02	1.28	5.87	2
Net Income	1,852	1,948	3,060	1,858	1,739	1,262
Net Income to Common	1,852	1,948	3,060	1,858	1,739	1,262
Net Income Growth	-18.81%	-36.34%	64.69%	6.81%	37.82%	6.98%
Shares Outstanding (Basic)	2,205	2,189	2,186	2,186	2,174	2,176
Shares Outstanding (Diluted)	2,230	2,239	2,267	2,239	2,174	2,176
Shares Change (YoY)	0.07%	-1.22%	1.26%	2.95%	-0.08%	-0.39%
EPS (Basic)	0.84	0.89	1.40	0.85	0.80	0.58
EPS (Diluted)	0.83	0.87	1.35	0.83	0.80	0.58
EPS Growth	-18.87%	-35.56%	62.65%	3.75%	37.93%	7.41%
Free Cash Flow	3,264	5,274	1,764	-2,617	380.19	1,752
Free Cash Flow Per Share	1.46	2.36	0.78	-1.17	0.17	0.81
Dividend Per Share	0.270	0.270	0.430	0.260	0.500	0.175
Dividend Growth	-37.21%	-37.21%	65.38%	-48.00%	185.71%	6.71%
Gross Margin	9.31%	9.25%	10.36%	9.50%	10.14%	9.87%
Operating Margin	3.05%	3.61%	4.81%	3.84%	3.99%	3.38%
Profit Margin	3.00%	3.20%	4.47%	3.36%	3.65%	3.39%
Free Cash Flow Margin	5.29%	8.67%	2.57%	-4.73%	0.80%	4.71%
EBITDA	2,868	3,129	4,159	2,970	2,403	1,683
EBITDA Margin	4.64%	5.15%	6.07%	5.37%	5.04%	4.52%
D&A For EBITDA	984.57	933.08	864.43	846.81	501.71	426.63
EBIT	1,883	2,196	3,294	2,123	1,902	1,256
EBIT Margin	3.05%	3.61%	4.81%	3.84%	3.99%	3.38%
Effective Tax Rate	9.17%	10.96%	12.00%	13.19%	12.16%	12.05%
Revenue as Reported	61,742	60,792	68,516	55,300	47,696	37,204

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