Jiangsu Provincial Agricultural Reclamation and Development Co.,Ltd. (SHA: 601952)

Jiangsu Provincial Agricultural Reclamation and Development 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	11,737	12,009	12,657	11,266	8,550	7,973
Other Revenue	199.95	158.86	70.29	111.45	70.33	54.36
Revenue	11,937	12,168	12,727	11,378	8,620	8,028
Revenue Growth (YoY)	0.60%	-4.39%	11.86%	31.99%	7.38%	64.38%
Cost of Revenue	10,324	10,593	11,071	9,767	7,371	7,043
Gross Profit	1,613	1,575	1,656	1,611	1,249	984.81
Selling, General & Admin	778.59	769.27	775.3	761.5	756.8	633.34
Research & Development	82.52	82.43	73.4	64.88	48.03	36.19
Other Operating Expenses	-234.1	-265.87	-242.52	-204.5	-221.47	-226.11
Operating Expenses	635.61	598.75	634.48	627.83	604.95	443.43
Operating Income	977.19	976.69	1,022	983.24	644.23	541.38
Interest Expense	-240.65	-255.52	-270.41	-300.58	-11.61	-14.76
Interest & Investment Income	62.08	55.42	62.69	67.68	71.51	68.8
Currency Exchange Gain (Loss)	0.41	2.48	1.34	0.05	-0.03	-0.13
Other Non Operating Income (Expenses)	-10.27	-8.57	-2.51	-1.09	-0.52	-7.31
EBT Excluding Unusual Items	788.77	770.5	812.69	749.3	703.57	587.99
Impairment of Goodwill	-11.37	-11.8	-0.86	-0.86	-1.71	-4.59
Gain (Loss) on Sale of Investments	0.15	0.02	-	0.25	-4.57	-
Gain (Loss) on Sale of Assets	4.23	3.55	12.71	22.89	0.13	-0.29
Asset Writedown	-	-	-	-	-6.43	-0
Other Unusual Items	109.42	93.73	99.63	76.6	74.82	72.38
Pretax Income	891.2	856	924.18	848.19	765.8	655.49
Income Tax Expense	52.16	38.84	56.22	56.76	54.17	43.46
Earnings From Continuing Operations	839.04	817.17	867.97	791.42	711.63	612.02
Minority Interest in Earnings	-9.23	-0.96	-41.88	-45.45	-41.93	-20.65
Net Income	829.81	816.2	826.09	745.97	669.7	591.37
Net Income to Common	829.81	816.2	826.09	745.97	669.7	591.37
Net Income Growth	9.23%	-1.20%	10.74%	11.39%	13.25%	-2.32%
Shares Outstanding (Basic)	1,382	1,383	1,377	1,381	1,367	1,375
Shares Outstanding (Diluted)	1,382	1,383	1,377	1,381	1,367	1,375
Shares Change (YoY)	-0.17%	0.48%	-0.33%	1.07%	-0.62%	-0.05%
EPS (Basic)	0.60	0.59	0.60	0.54	0.49	0.43
EPS (Diluted)	0.60	0.59	0.60	0.54	0.49	0.43
EPS Growth	9.42%	-1.67%	11.11%	10.20%	13.95%	-2.27%
Free Cash Flow	1,639	1,769	770.02	865.03	503.74	408.52
Free Cash Flow Per Share	1.19	1.28	0.56	0.63	0.37	0.30
Dividend Per Share	0.300	0.300	0.300	0.240	0.210	0.200
Dividend Growth	0%	0%	25.00%	14.29%	5.00%	0%
Gross Margin	13.51%	12.95%	13.01%	14.16%	14.49%	12.27%
Operating Margin	8.19%	8.03%	8.03%	8.64%	7.47%	6.74%
Profit Margin	6.95%	6.71%	6.49%	6.56%	7.77%	7.37%
Free Cash Flow Margin	13.73%	14.54%	6.05%	7.60%	5.84%	5.09%
EBITDA	1,226	1,218	1,254	1,221	858.98	750.66
EBITDA Margin	10.27%	10.01%	9.85%	10.73%	9.96%	9.35%
D&A For EBITDA	249.29	241.71	232.68	238.02	214.75	209.28
EBIT	977.19	976.69	1,022	983.24	644.23	541.38
EBIT Margin	8.19%	8.03%	8.03%	8.64%	7.47%	6.74%
Effective Tax Rate	5.85%	4.54%	6.08%	6.69%	7.07%	6.63%
Revenue as Reported	11,937	12,168	12,727	11,378	8,620	8,028

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