Bethel Automotive Safety Systems Co., Ltd (SHA: 603596)

Bethel Automotive Safety Systems 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	8,063	7,221	5,364	3,417	2,893	2,998
Other Revenue	286.77	252.99	175.29	75.42	148.69	158.29
Revenue	8,350	7,474	5,539	3,492	3,042	3,157
Revenue Growth (YoY)	28.07%	34.93%	58.61%	14.81%	-3.63%	21.29%
Cost of Revenue	6,518	5,792	4,296	2,638	2,242	2,366
Gross Profit	1,832	1,682	1,243	854.09	799.76	791.09
Selling, General & Admin	279.2	258.47	185.3	110.66	106.44	140.95
Research & Development	500.27	449.78	378.05	239.26	174.76	127.49
Other Operating Expenses	-15.46	-15.02	-12.98	23.69	21.79	19.03
Operating Expenses	803.68	715.38	599.78	377.65	310.45	342.93
Operating Income	1,029	966.43	643.42	476.44	489.31	448.16
Interest Expense	-16.38	-30.06	-36.34	-34.99	-16.72	-16.59
Interest & Investment Income	64.25	65.48	69.57	55.77	46.5	35.14
Currency Exchange Gain (Loss)	2.67	4.74	15.03	-7.22	-16.91	4.22
Other Non Operating Income (Expenses)	-3.39	-4.46	-2.05	-2.11	-1.13	-0.99
EBT Excluding Unusual Items	1,076	1,002	689.63	487.88	501.05	469.95
Gain (Loss) on Sale of Investments	-6.89	-8.58	-0.12	-3.1	-1.29	-
Gain (Loss) on Sale of Assets	-0.59	-2.12	-1.71	-0.5	-1.14	0.02
Other Unusual Items	62.6	25.54	75.14	91.94	65.23	57.56
Pretax Income	1,131	1,017	762.94	576.23	563.84	527.53
Income Tax Expense	122.69	106.26	61.93	48.73	71.48	71.64
Earnings From Continuing Operations	1,008	910.7	701.01	527.5	492.36	455.89
Minority Interest in Earnings	-14.83	-19.2	-2.2	-22.97	-30.9	-54.38
Net Income	993.38	891.5	698.81	504.53	461.46	401.51
Net Income to Common	993.38	891.5	698.81	504.53	461.46	401.51
Net Income Growth	28.36%	27.57%	38.51%	9.33%	14.93%	69.21%
Shares Outstanding (Basic)	603	581	572	570	572	574
Shares Outstanding (Diluted)	603	581	579	574	572	574
Shares Change (YoY)	4.63%	0.28%	0.81%	0.44%	-0.32%	3.61%
EPS (Basic)	1.65	1.54	1.22	0.89	0.81	0.70
EPS (Diluted)	1.65	1.54	1.21	0.88	0.81	0.70
EPS Growth	22.68%	27.22%	37.39%	8.86%	15.30%	63.32%
Free Cash Flow	32.5	-354.14	176.71	149.4	408.16	493.72
Free Cash Flow Per Share	0.05	-0.61	0.31	0.26	0.71	0.86
Dividend Per Share	0.243	0.243	0.242	0.091	0.084	0.071
Dividend Growth	0.33%	0.33%	164.88%	8.42%	18.07%	66.43%
Gross Margin	21.94%	22.50%	22.44%	24.46%	26.29%	25.06%
Operating Margin	12.32%	12.93%	11.62%	13.64%	16.09%	14.20%
Profit Margin	11.90%	11.93%	12.62%	14.45%	15.17%	12.72%
Free Cash Flow Margin	0.39%	-4.74%	3.19%	4.28%	13.42%	15.64%
EBITDA	1,284	1,183	805.34	591.91	592.38	532.79
EBITDA Margin	15.38%	15.83%	14.54%	16.95%	19.47%	16.88%
D&A For EBITDA	255.73	217.01	161.91	115.47	103.07	84.63
EBIT	1,029	966.43	643.42	476.44	489.31	448.16
EBIT Margin	12.32%	12.93%	11.62%	13.64%	16.09%	14.20%
Effective Tax Rate	10.85%	10.45%	8.12%	8.46%	12.68%	13.58%
Revenue as Reported	8,350	7,474	5,539	3,492	3,042	3,157

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