China Resources Microelectronics Limited (SHA: 688396)

China Resources Microelectronics 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	9,691	9,750	9,896	9,158	6,932	5,699
Other Revenue	150.88	150.88	164.05	91.01	45.63	43.6
Revenue	9,842	9,901	10,060	9,249	6,977	5,743
Revenue Growth (YoY)	-1.17%	-1.59%	8.77%	32.56%	21.50%	-8.42%
Cost of Revenue	7,211	6,780	6,444	5,954	5,056	4,463
Gross Profit	2,632	3,120	3,616	3,295	1,921	1,280
Selling, General & Admin	685.95	787.75	690.61	572.36	475.88	484.96
Research & Development	1,158	1,138	904.33	713.22	566.07	482.59
Other Operating Expenses	17.91	16.08	94.15	85.3	68.74	70.09
Operating Expenses	1,866	1,940	1,688	1,370	1,110	1,005
Operating Income	765.8	1,180	1,928	1,925	811.06	274.88
Interest Expense	-49.31	-66.04	-32.41	-27.73	-40.68	-44.97
Interest & Investment Income	331.65	396.04	351.71	311.75	115.58	37.76
Currency Exchange Gain (Loss)	4.06	4.06	70.76	-25.88	77.54	-20.08
Other Non Operating Income (Expenses)	-37.75	-13.46	20.21	-7.5	-4.67	-5.13
EBT Excluding Unusual Items	1,014	1,501	2,338	2,176	958.82	242.46
Gain (Loss) on Sale of Investments	-199.73	-6.98	125.47	0.09	1.19	0
Gain (Loss) on Sale of Assets	-9.69	-4.94	4.97	0.78	0.05	1.82
Asset Writedown	-2.09	-5.99	-48.3	-9.74	-15.49	-5.29
Legal Settlements	-	-	-	-	-0.07	-
Other Unusual Items	203.71	203.71	232.31	187.51	141.14	266.97
Pretax Income	1,007	1,687	2,653	2,354	1,086	505.95
Income Tax Expense	199.17	248.62	53.31	96.35	25.94	-6.47
Earnings From Continuing Operations	807.49	1,438	2,599	2,258	1,060	512.43
Minority Interest in Earnings	114.93	41.12	17.91	10.12	-96.05	-111.67
Net Income	922.42	1,479	2,617	2,268	963.66	400.76
Net Income to Common	922.42	1,479	2,617	2,268	963.66	400.76
Net Income Growth	-42.93%	-43.48%	15.40%	135.34%	140.46%	-6.68%
Shares Outstanding (Basic)	1,322	1,320	1,320	1,285	1,152	879
Shares Outstanding (Diluted)	1,323	1,322	1,321	1,285	1,152	879
Shares Change (YoY)	-0.03%	0.06%	2.81%	11.54%	31.10%	0.01%
EPS (Basic)	0.70	1.12	1.98	1.76	0.84	0.46
EPS (Diluted)	0.70	1.12	1.98	1.76	0.84	0.46
EPS Growth	-42.91%	-43.52%	12.25%	111.00%	83.42%	-6.69%
Free Cash Flow	12.81	-3,467	923.28	2,189	1,259	-36.05
Free Cash Flow Per Share	0.01	-2.62	0.70	1.70	1.09	-0.04
Dividend Per Share	0.112	0.112	0.198	0.172	0.074	0.033
Dividend Growth	-43.62%	-43.62%	15.42%	133.01%	123.42%	-
Gross Margin	26.74%	31.52%	35.94%	35.62%	27.53%	22.29%
Operating Margin	7.78%	11.92%	19.16%	20.81%	11.62%	4.79%
Profit Margin	9.37%	14.94%	26.02%	24.52%	13.81%	6.98%
Free Cash Flow Margin	0.13%	-35.02%	9.18%	23.66%	18.05%	-0.63%
EBITDA	1,752	2,118	2,800	2,686	1,525	967.51
EBITDA Margin	17.80%	21.39%	27.83%	29.04%	21.86%	16.85%
D&A For EBITDA	986.27	937.21	871.79	761.38	713.85	692.64
EBIT	765.8	1,180	1,928	1,925	811.06	274.88
EBIT Margin	7.78%	11.92%	19.16%	20.81%	11.62%	4.79%
Effective Tax Rate	19.79%	14.74%	2.01%	4.09%	2.39%	-
Revenue as Reported	9,842	9,901	10,060	9,249	6,977	5,743
Advertising Expenses	-	2.46	2.93	2.58	2.5	1.16

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