Shanghai Flyco Electrical Appliance Co., Ltd. (SHA: 603868)

Shanghai Flyco Electrical Appliance 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	4,375	5,048	4,613	3,995	3,563	3,753
Other Revenue	11.24	11.24	13.92	9.82	4.71	6.58
Revenue	4,387	5,060	4,627	4,005	3,568	3,759
Revenue Growth (YoY)	-10.60%	9.35%	15.53%	12.26%	-5.09%	-5.46%
Cost of Revenue	1,925	2,170	2,153	2,128	2,105	2,310
Gross Profit	2,462	2,890	2,474	1,877	1,463	1,450
Selling, General & Admin	1,716	1,654	1,303	930.94	555.3	510.52
Research & Development	83.96	99.28	88.83	131.94	74.07	84.89
Other Operating Expenses	45.42	52.88	42.61	36.73	30.85	26.02
Operating Expenses	1,845	1,805	1,456	1,125	661.18	623.37
Operating Income	616.9	1,085	1,018	752.26	801.82	826.27
Interest Expense	-1.78	-1.11	-0.81	-0.3	-	-
Interest & Investment Income	18.98	14.55	6.73	13.89	5.5	28.24
Currency Exchange Gain (Loss)	0.24	0.24	1.67	-0.39	-0.23	-0.04
Other Non Operating Income (Expenses)	-41.07	-0.13	-0.11	-0.16	-0.2	-0.03
EBT Excluding Unusual Items	593.27	1,098	1,025	765.3	806.89	854.45
Gain (Loss) on Sale of Investments	23.49	24.15	12.36	13.44	11.43	1.05
Gain (Loss) on Sale of Assets	-2.51	-0.91	-2.83	-0.89	0.47	0.03
Asset Writedown	-13.36	-	-	-	-	-1.25
Other Unusual Items	131.34	131.34	52.27	57.22	42.24	56.51
Pretax Income	732.25	1,253	1,087	835.08	861.02	910.78
Income Tax Expense	75.04	233.44	264.31	196.75	224.1	227.26
Earnings From Continuing Operations	657.21	1,020	822.53	638.32	636.92	683.52
Minority Interest in Earnings	-	-	0.45	2.38	1.36	2.3
Net Income	657.21	1,020	822.98	640.7	638.28	685.82
Net Income to Common	657.21	1,020	822.98	640.7	638.28	685.82
Net Income Growth	-27.62%	23.90%	28.45%	0.38%	-6.93%	-18.83%
Shares Outstanding (Basic)	435	436	435	436	434	437
Shares Outstanding (Diluted)	435	436	435	436	434	437
Shares Change (YoY)	0.10%	0.07%	-0.10%	0.38%	-0.60%	0.30%
EPS (Basic)	1.51	2.34	1.89	1.47	1.47	1.57
EPS (Diluted)	1.51	2.34	1.89	1.47	1.47	1.57
EPS Growth	-27.69%	23.81%	28.57%	0%	-6.37%	-19.07%
Free Cash Flow	333.21	1,239	702.86	561.29	773.98	194.97
Free Cash Flow Per Share	0.77	2.84	1.61	1.29	1.78	0.45
Dividend Per Share	2.300	2.300	2.000	1.000	1.000	1.000
Dividend Growth	15.00%	15.00%	100.00%	0%	0%	-
Gross Margin	56.12%	57.11%	53.46%	46.86%	41.00%	38.56%
Operating Margin	14.06%	21.44%	21.99%	18.78%	22.47%	21.98%
Profit Margin	14.98%	20.15%	17.79%	16.00%	17.89%	18.24%
Free Cash Flow Margin	7.60%	24.50%	15.19%	14.01%	21.69%	5.19%
EBITDA	728.31	1,191	1,115	827.36	871.85	884.15
EBITDA Margin	16.60%	23.53%	24.11%	20.66%	24.44%	23.52%
D&A For EBITDA	111.41	105.6	97.86	75.1	70.03	57.87
EBIT	616.9	1,085	1,018	752.26	801.82	826.27
EBIT Margin	14.06%	21.44%	21.99%	18.78%	22.47%	21.98%
Effective Tax Rate	10.25%	18.63%	24.32%	23.56%	26.03%	24.95%
Revenue as Reported	4,387	5,060	4,627	4,005	3,568	3,759
Advertising Expenses	-	1,172	919.6	586.43	289.92	229.92

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