Rockchip Electronics Co., Ltd. (SHA: 603893)

Rockchip Electronics 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	2,530	2,134	2,030	2,718	1,863	1,407
Other Revenue	0.15	0.15	0	0.15	0.26	0.28
Revenue	2,530	2,135	2,030	2,719	1,863	1,408
Revenue Growth (YoY)	54.25%	5.17%	-25.34%	45.90%	32.37%	10.77%
Cost of Revenue	1,663	1,430	1,276	1,634	1,114	848.68
Gross Profit	867.11	704.43	754.16	1,084	749.55	559.05
Selling, General & Admin	143.84	143.54	133.75	140.67	116.7	116.29
Research & Development	535.91	535.94	535.04	560.86	376.33	310.08
Other Operating Expenses	-38.56	-23.66	-33.46	-76.63	-18.64	-12.2
Operating Expenses	641.56	654.04	637.08	626.44	474.98	414.36
Operating Income	225.55	50.4	117.07	457.96	274.57	144.69
Interest Expense	-1.64	-1.96	-2.36	-1.5	-	-
Interest & Investment Income	40.23	28.03	63.16	56	29.23	31.68
Currency Exchange Gain (Loss)	5	0.68	-18.89	-1.59	-27.65	9.76
Other Non Operating Income (Expenses)	-1.25	0.07	-2.28	1	-0.73	-2.31
EBT Excluding Unusual Items	267.89	77.21	156.71	511.88	275.42	183.82
Gain (Loss) on Sale of Investments	1.55	0.62	70.53	94.68	2.98	1.79
Gain (Loss) on Sale of Assets	-0.03	0	-0	0.05	-	-0
Asset Writedown	-	-	-1.09	-0	-	-
Other Unusual Items	7.48	4.39	29.67	0.13	39.21	22.34
Pretax Income	276.89	82.21	255.82	606.74	317.61	207.95
Income Tax Expense	-15.97	-52.67	-41.61	4.96	-2.36	3.24
Net Income	292.86	134.89	297.43	601.78	319.97	204.71
Net Income to Common	292.86	134.89	297.43	601.78	319.97	204.71
Net Income Growth	486.41%	-54.65%	-50.58%	88.07%	56.31%	6.53%
Shares Outstanding (Basic)	423	422	413	415	405	372
Shares Outstanding (Diluted)	423	422	413	415	405	372
Shares Change (YoY)	2.98%	2.04%	-0.46%	2.47%	8.82%	0.72%
EPS (Basic)	0.69	0.32	0.72	1.45	0.79	0.55
EPS (Diluted)	0.69	0.32	0.72	1.45	0.79	0.55
EPS Growth	469.43%	-55.56%	-50.34%	83.54%	43.64%	5.77%
Free Cash Flow	933.09	519.27	-763.8	85.61	368.64	310.09
Free Cash Flow Per Share	2.21	1.23	-1.85	0.21	0.91	0.83
Dividend Per Share	0.200	0.200	0.250	0.850	0.500	0.350
Dividend Growth	-20.00%	-20.00%	-70.59%	70.00%	42.86%	-
Gross Margin	34.27%	33.00%	37.16%	39.89%	40.23%	39.71%
Operating Margin	8.91%	2.36%	5.77%	16.85%	14.74%	10.28%
Profit Margin	11.57%	6.32%	14.65%	22.14%	17.17%	14.54%
Free Cash Flow Margin	36.87%	24.33%	-37.63%	3.15%	19.78%	22.03%
EBITDA	355.58	185.11	234.75	576.24	375.39	223.59
EBITDA Margin	14.05%	8.67%	11.57%	21.20%	20.15%	15.88%
D&A For EBITDA	130.02	134.71	117.68	118.27	100.82	78.89
EBIT	225.55	50.4	117.07	457.96	274.57	144.69
EBIT Margin	8.91%	2.36%	5.77%	16.85%	14.74%	10.28%
Effective Tax Rate	-	-	-	0.82%	-	1.56%
Revenue as Reported	2,530	2,135	2,030	2,719	1,863	1,408
Advertising Expenses	-	2.78	3.46	-	-	-

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