Ganso Co., Ltd. (SHA:603886)

Ganso 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	2,305	2,561	2,493	2,496	2,222	2,040
Other Revenue	98.45	98.45	94.35	88.5	81.55	182.96
Revenue	2,404	2,659	2,587	2,584	2,303	2,223
Revenue Growth (YoY)	-8.16%	2.78%	0.11%	12.20%	3.63%	12.68%
Cost of Revenue	878.61	1,025	1,057	998.12	899.54	833
Gross Profit	1,525	1,634	1,530	1,586	1,404	1,390
Selling, General & Admin	1,171	1,242	1,149	1,131	1,017	1,054
Research & Development	16.54	20.85	20.87	17.25	17.02	14.88
Other Operating Expenses	33.58	26.28	25.19	25.96	20.84	19.49
Operating Expenses	1,222	1,289	1,196	1,175	1,054	1,090
Operating Income	303.48	345.32	334.5	411.63	350.15	299.85
Interest Expense	-15.68	-16.2	-16.5	-16.13	-	-
Interest & Investment Income	7.27	10.1	4.08	8.96	17.62	12.36
Currency Exchange Gain (Loss)	0.08	0.08	5.03	-3.35	-0.83	-0.03
Other Non Operating Income (Expenses)	-13.19	-0.6	-1.35	-0.96	-1.04	-10.58
EBT Excluding Unusual Items	281.97	338.7	325.76	400.15	365.9	301.59
Gain (Loss) on Sale of Investments	14.47	12.88	7.31	5.87	5.21	16.65
Gain (Loss) on Sale of Assets	-14.64	-5.05	-1.76	8.99	0.14	0.3
Asset Writedown	0.72	-1.97	-2.21	-1.87	-5.17	-8.34
Other Unusual Items	14.89	9.07	14.92	15.9	8.12	4.79
Pretax Income	297.41	353.63	344.02	429.04	374.2	315
Income Tax Expense	69.35	77.31	77.62	89.2	74.18	67.17
Earnings From Continuing Operations	228.06	276.32	266.4	339.84	300.02	247.83
Minority Interest in Earnings	0.02	0.01	-0.03	0.01	0.01	-0.07
Net Income	228.09	276.33	266.37	339.86	300.03	247.77
Net Income to Common	228.09	276.33	266.37	339.86	300.03	247.77
Net Income Growth	-15.43%	3.74%	-21.62%	13.27%	21.09%	-2.38%
Shares Outstanding (Basic)	240	240	240	239	240	241
Shares Outstanding (Diluted)	240	240	240	239	240	241
Shares Change (YoY)	0.39%	0.13%	0.27%	-0.29%	-0.22%	0.46%
EPS (Basic)	0.95	1.15	1.11	1.42	1.25	1.03
EPS (Diluted)	0.95	1.15	1.11	1.42	1.25	1.03
EPS Growth	-15.76%	3.60%	-21.83%	13.60%	21.36%	-2.83%
Free Cash Flow	268.56	423.86	475.6	562.69	414.98	217.14
Free Cash Flow Per Share	1.12	1.76	1.98	2.35	1.73	0.90
Dividend Per Share	1.000	1.000	1.000	1.000	1.000	1.200
Dividend Growth	0%	0%	0%	0%	-16.67%	81.82%
Gross Margin	63.45%	61.46%	59.14%	61.38%	60.95%	62.52%
Operating Margin	12.63%	12.99%	12.93%	15.93%	15.20%	13.49%
Profit Margin	9.49%	10.39%	10.30%	13.15%	13.03%	11.15%
Free Cash Flow Margin	11.17%	15.94%	18.38%	21.77%	18.02%	9.77%
EBITDA	346.67	388.36	377.35	453.07	390.07	338.53
EBITDA Margin	14.42%	14.60%	14.59%	17.53%	16.94%	15.23%
D&A For EBITDA	43.18	43.04	42.84	41.44	39.92	38.68
EBIT	303.48	345.32	334.5	411.63	350.15	299.85
EBIT Margin	12.63%	12.99%	12.93%	15.93%	15.20%	13.49%
Effective Tax Rate	23.32%	21.86%	22.56%	20.79%	19.82%	21.32%
Revenue as Reported	2,404	2,659	2,587	2,584	2,303	2,223

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