Zhejiang Red Dragonfly Footwear Co., Ltd. (SHA:603116)

SHA:603116 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	2,028	2,228	2,065	2,332	2,432	2,800
Other Revenue	240.56	240.56	186.64	178.67	160.2	169.27
Revenue	2,268	2,469	2,251	2,511	2,592	2,970
Revenue Growth (YoY)	-7.72%	9.65%	-10.34%	-3.12%	-12.72%	-2.35%
Cost of Revenue	1,451	1,590	1,515	1,709	1,753	2,024
Gross Profit	817.36	878.18	736.4	801.67	839.33	945.2
Selling, General & Admin	818.62	805.26	782.97	762.43	716.06	777.93
Research & Development	34.7	34.83	41.22	39.24	38.15	44.57
Other Operating Expenses	25.99	16.54	13.14	13.51	20.2	28.21
Operating Expenses	888.87	878.59	843.19	828.96	800.51	866.57
Operating Income	-71.51	-0.41	-106.79	-27.28	38.82	78.63
Interest Expense	-8.24	-16.54	-15.89	-5.22	-7.26	-1.8
Interest & Investment Income	48.89	69.32	58.32	55.77	53.79	65.01
Other Non Operating Income (Expenses)	-0.76	-3.43	-2.95	-2.71	-2.39	-0.13
EBT Excluding Unusual Items	-31.62	48.94	-67.32	20.56	82.97	141.7
Impairment of Goodwill	-	-	-3.7	-	-	-
Gain (Loss) on Sale of Investments	33.8	32.99	16.78	46.59	-0.68	-2.94
Gain (Loss) on Sale of Assets	0.47	1.05	-0.3	1.25	-0.2	3.04
Asset Writedown	-0.32	-	-	-	-	-
Legal Settlements	10.56	10.56	6.11	5.47	3.54	2.53
Other Unusual Items	15.64	15.64	13.23	19.6	45.48	36.46
Pretax Income	28.52	109.17	-35.19	93.46	131.11	180.8
Income Tax Expense	18.41	37.57	-0.93	45.18	57.39	52.33
Earnings From Continuing Operations	10.11	71.6	-34.25	48.28	73.73	128.47
Minority Interest in Earnings	-18.63	-19.65	-5.05	-25.75	4.88	2.18
Net Income	-8.52	51.95	-39.3	22.53	78.61	130.65
Net Income to Common	-8.52	51.95	-39.3	22.53	78.61	130.65
Net Income Growth	-	-	-	-71.34%	-39.83%	-33.36%
Shares Outstanding (Basic)	596	577	561	451	561	594
Shares Outstanding (Diluted)	596	577	561	451	561	594
Shares Change (YoY)	-0.89%	2.81%	24.62%	-19.77%	-5.45%	2.99%
EPS (Basic)	-0.01	0.09	-0.07	0.05	0.14	0.22
EPS (Diluted)	-0.01	0.09	-0.07	0.05	0.14	0.22
EPS Growth	-	-	-	-64.29%	-36.36%	-35.29%
Free Cash Flow	74.65	305.52	46.61	68.96	230.18	72.05
Free Cash Flow Per Share	0.13	0.53	0.08	0.15	0.41	0.12
Dividend Per Share	0.200	0.200	0.350	0.250	0.270	0.180
Dividend Growth	-42.86%	-42.86%	40.00%	-7.41%	50.00%	-
Gross Margin	36.03%	35.57%	32.71%	31.93%	32.38%	31.83%
Operating Margin	-3.15%	-0.02%	-4.74%	-1.09%	1.50%	2.65%
Profit Margin	-0.38%	2.10%	-1.75%	0.90%	3.03%	4.40%
Free Cash Flow Margin	3.29%	12.38%	2.07%	2.75%	8.88%	2.43%
EBITDA	-6.14	67.13	-36.33	45.82	112.47	147.59
EBITDA Margin	-0.27%	2.72%	-1.61%	1.82%	4.34%	4.97%
D&A For EBITDA	65.36	67.54	70.46	73.1	73.65	68.96
EBIT	-71.51	-0.41	-106.79	-27.28	38.82	78.63
EBIT Margin	-3.15%	-0.02%	-4.74%	-1.09%	1.50%	2.65%
Effective Tax Rate	64.55%	34.42%	-	48.34%	43.77%	28.94%
Revenue as Reported	2,268	2,469	2,251	2,511	2,592	2,970
Advertising Expenses	-	82.13	72.3	93.47	87.94	79.76

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