Beijing Balance Medical Technology Co.,Ltd. (SHA: 688198)

Beijing Balance Medical Technology Co.,Ltd. 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	392.69	369.91	295.07	251.8	181.9	145.97
Other Revenue	0.99	0.73	0.1	0.02	0.02	0.07
Revenue	393.68	370.64	295.17	251.82	181.92	146.03
Revenue Growth (YoY)	22.31%	25.57%	17.21%	38.42%	24.57%	31.98%
Cost of Revenue	39.64	37.64	31.36	29.61	20.21	13.08
Gross Profit	354.04	333	263.81	222.21	161.71	132.95
Selling, General & Admin	127.59	131.97	123.77	131.16	83.41	49.42
Research & Development	136.51	98.81	55.15	58.9	28.77	15.15
Other Operating Expenses	4.72	1.25	1.62	1.17	1.06	0.77
Operating Expenses	270.65	233.5	181.64	192.04	114.69	65.37
Operating Income	83.39	99.5	82.17	30.17	47.02	67.59
Interest Expense	-0.53	-0.41	-0.08	-0.12	-	-
Interest & Investment Income	21.79	17.66	22.53	16.49	19.55	5
Currency Exchange Gain (Loss)	-0.41	-0.26	0	-	-	-
Other Non Operating Income (Expenses)	0.39	-0.06	-0.68	-0.05	-0.06	0
EBT Excluding Unusual Items	104.62	116.43	103.94	46.5	66.51	72.59
Gain (Loss) on Sale of Investments	-0.67	1	0.89	0.97	0.34	-
Gain (Loss) on Sale of Assets	-0.03	0.05	-0.01	-0.02	0.01	0.03
Other Unusual Items	3.53	2.54	1.32	2.31	-0.57	0.32
Pretax Income	107.45	120.02	106.14	49.76	66.29	72.95
Income Tax Expense	13.63	10.61	11.74	-1.51	10.37	10.06
Earnings From Continuing Operations	93.83	109.41	94.39	51.26	55.92	62.89
Minority Interest in Earnings	12.35	5.8	0.73	-0.06	0.61	0.2
Net Income	106.18	115.21	95.13	51.2	56.53	63.08
Net Income to Common	106.18	115.21	95.13	51.2	56.53	63.08
Net Income Growth	4.05%	21.11%	85.80%	-9.42%	-10.40%	88.88%
Shares Outstanding (Basic)	136	136	136	135	134	100
Shares Outstanding (Diluted)	136	137	136	135	134	100
Shares Change (YoY)	-0.06%	0.92%	0.86%	0.44%	33.66%	15.89%
EPS (Basic)	0.78	0.85	0.70	0.38	0.42	0.63
EPS (Diluted)	0.78	0.84	0.70	0.38	0.42	0.63
EPS Growth	4.11%	20.00%	84.21%	-9.82%	-32.96%	62.98%
Free Cash Flow	-65.08	12.53	24.01	4.27	43.07	61.86
Free Cash Flow Per Share	-0.48	0.09	0.18	0.03	0.32	0.62
Dividend Per Share	0.800	0.800	0.500	0.357	0.143	0.143
Dividend Growth	60.00%	60.00%	40.02%	149.90%	0%	-49.61%
Gross Margin	89.93%	89.84%	89.38%	88.24%	88.89%	91.04%
Operating Margin	21.18%	26.85%	27.84%	11.98%	25.85%	46.28%
Profit Margin	26.97%	31.08%	32.23%	20.33%	31.07%	43.20%
Free Cash Flow Margin	-16.53%	3.38%	8.14%	1.70%	23.68%	42.36%
EBITDA	97.59	110.4	87.78	36.19	52.69	73.39
EBITDA Margin	24.79%	29.79%	29.74%	14.37%	28.96%	50.26%
D&A For EBITDA	14.2	10.89	5.61	6.02	5.67	5.81
EBIT	83.39	99.5	82.17	30.17	47.02	67.59
EBIT Margin	21.18%	26.85%	27.84%	11.98%	25.85%	46.28%
Effective Tax Rate	12.68%	8.84%	11.06%	-	15.64%	13.79%
Revenue as Reported	393.68	370.64	295.17	251.82	181.92	146.03
Advertising Expenses	-	0.37	1.12	1.22	0.72	1.03

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