Dawning Information Industry Co., Ltd. (SHA: 603019)

Dawning Information Industry 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	14,630	14,347	13,003	11,265	10,158	9,525
Other Revenue	5.91	5.91	4.76	3.89	2.79	1.23
Revenue	14,636	14,353	13,008	11,269	10,161	9,526
Revenue Growth (YoY)	9.39%	10.34%	15.44%	10.90%	6.66%	5.18%
Cost of Revenue	10,757	10,622	9,682	8,680	7,968	7,492
Gross Profit	3,879	3,730	3,326	2,588	2,193	2,035
Selling, General & Admin	1,155	1,046	929.27	796.26	622.38	687.77
Research & Development	1,441	1,316	1,105	982.89	734.98	737.73
Other Operating Expenses	37.05	26.35	34.85	17.96	7.67	-4.37
Operating Expenses	2,740	2,487	2,145	1,822	1,381	1,451
Operating Income	1,139	1,244	1,182	766.35	812.6	584.37
Interest Expense	-69.38	-65.7	-57.45	-25.92	-54.79	-178.66
Interest & Investment Income	668.72	503.15	378.18	373.52	50.29	155.96
Currency Exchange Gain (Loss)	4.19	4.19	28.57	-7.42	-11.56	0.9
Other Non Operating Income (Expenses)	-21.26	-4.85	-7.2	6.88	5.43	-12.27
EBT Excluding Unusual Items	1,721	1,680	1,524	1,113	801.98	550.31
Gain (Loss) on Sale of Investments	-14.09	-14.01	-28.18	0.05	-39.52	-3.36
Gain (Loss) on Sale of Assets	-0.05	-1.97	2.78	-0.87	2.17	-2.34
Asset Writedown	26.12	-14.28	-2.75	-69.72	-	-
Legal Settlements	-2.14	-2.14	-	-	-	-
Other Unusual Items	531.18	531.18	410.08	385.16	287.91	195.9
Pretax Income	2,262	2,179	1,906	1,428	1,053	740.51
Income Tax Expense	367.26	301.21	288.51	171.26	165.06	102.12
Earnings From Continuing Operations	1,895	1,878	1,617	1,257	887.47	638.39
Minority Interest in Earnings	-39.45	-42	-72.87	-80.37	-65.09	-44.76
Net Income	1,855	1,836	1,544	1,176	822.38	593.63
Net Income to Common	1,855	1,836	1,544	1,176	822.38	593.63
Net Income Growth	13.05%	18.88%	31.27%	43.05%	38.53%	37.86%
Shares Outstanding (Basic)	1,455	1,457	1,457	1,470	1,326	1,263
Shares Outstanding (Diluted)	1,469	1,469	1,457	1,470	1,326	1,263
Shares Change (YoY)	0.32%	0.81%	-0.92%	10.86%	5.02%	0.58%
EPS (Basic)	1.27	1.26	1.06	0.80	0.62	0.47
EPS (Diluted)	1.26	1.25	1.06	0.80	0.62	0.47
EPS Growth	12.69%	17.92%	32.50%	29.03%	31.91%	37.07%
Free Cash Flow	305.93	1,343	-1,560	-2,152	1,761	2,419
Free Cash Flow Per Share	0.21	0.91	-1.07	-1.46	1.33	1.92
Dividend Per Share	0.170	0.250	0.220	0.160	0.140	0.100
Dividend Growth	-43.33%	13.64%	37.50%	14.29%	40.00%	40.06%
Gross Margin	26.50%	25.99%	25.57%	22.97%	21.59%	21.36%
Operating Margin	7.78%	8.66%	9.08%	6.80%	8.00%	6.13%
Profit Margin	12.68%	12.79%	11.87%	10.44%	8.09%	6.23%
Free Cash Flow Margin	2.09%	9.36%	-11.99%	-19.10%	17.33%	25.40%
EBITDA	1,781	1,830	1,694	1,152	1,129	821.8
EBITDA Margin	12.17%	12.75%	13.02%	10.23%	11.11%	8.63%
D&A For EBITDA	642.62	586.73	512.2	385.89	316.03	237.43
EBIT	1,139	1,244	1,182	766.35	812.6	584.37
EBIT Margin	7.78%	8.66%	9.08%	6.80%	8.00%	6.13%
Effective Tax Rate	16.24%	13.82%	15.14%	11.99%	15.68%	13.79%
Revenue as Reported	14,636	14,353	13,008	11,269	10,161	9,526

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