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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	9,450	9,750	9,896	9,158	6,932	5,699
Other Revenue	180.93	150.88	164.05	91.01	45.63	43.6
Revenue	9,631	9,901	10,060	9,249	6,977	5,743
Revenue Growth (YoY)	-3.15%	-1.59%	8.77%	32.56%	21.50%	-8.42%
Cost of Revenue	6,973	6,780	6,444	5,954	5,056	4,463
Gross Profit	2,658	3,120	3,616	3,295	1,921	1,280
Selling, General & Admin	751.54	787.75	690.61	572.36	475.88	484.96
Research & Development	1,166	1,138	904.33	713.22	566.07	482.59
Other Operating Expenses	-25.46	16.08	94.15	85.3	68.74	70.09
Operating Expenses	1,892	1,940	1,688	1,370	1,110	1,005
Operating Income	766.12	1,180	1,928	1,925	811.06	274.88
Interest Expense	-63.65	-66.04	-32.41	-27.73	-40.68	-44.97
Interest & Investment Income	341.79	396.04	351.71	311.75	115.58	37.76
Currency Exchange Gain (Loss)	17.37	4.06	70.76	-25.88	77.54	-20.08
Other Non Operating Income (Expenses)	-32	-13.46	20.21	-7.5	-4.67	-5.13
EBT Excluding Unusual Items	1,030	1,501	2,338	2,176	958.82	242.46
Gain (Loss) on Sale of Investments	-154.49	-6.98	125.47	0.09	1.19	0
Gain (Loss) on Sale of Assets	-6.59	-4.94	4.97	0.78	0.05	1.82
Asset Writedown	-5.46	-5.99	-48.3	-9.74	-15.49	-5.29
Legal Settlements	-	-	-	-	-0.07	-
Other Unusual Items	236.43	203.71	232.31	187.51	141.14	266.97
Pretax Income	1,100	1,687	2,653	2,354	1,086	505.95
Income Tax Expense	198.36	248.62	53.31	96.35	25.94	-6.47
Earnings From Continuing Operations	901.16	1,438	2,599	2,258	1,060	512.43
Minority Interest in Earnings	80.56	41.12	17.91	10.12	-96.05	-111.67
Net Income	981.72	1,479	2,617	2,268	963.66	400.76
Net Income to Common	981.72	1,479	2,617	2,268	963.66	400.76
Net Income Growth	-51.89%	-43.48%	15.40%	135.34%	140.46%	-6.68%
Shares Outstanding (Basic)	1,321	1,320	1,320	1,285	1,152	879
Shares Outstanding (Diluted)	1,322	1,322	1,321	1,285	1,152	879
Shares Change (YoY)	0.01%	0.06%	2.81%	11.54%	31.10%	0.01%
EPS (Basic)	0.74	1.12	1.98	1.76	0.84	0.46
EPS (Diluted)	0.74	1.12	1.98	1.76	0.84	0.46
EPS Growth	-51.90%	-43.52%	12.25%	111.00%	83.42%	-6.69%
Free Cash Flow	-1,357	-3,467	923.28	2,189	1,259	-36.05
Free Cash Flow Per Share	-1.03	-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	27.60%	31.52%	35.94%	35.62%	27.53%	22.29%
Operating Margin	7.95%	11.92%	19.16%	20.81%	11.62%	4.79%
Profit Margin	10.19%	14.94%	26.02%	24.52%	13.81%	6.98%
Free Cash Flow Margin	-14.09%	-35.02%	9.18%	23.66%	18.05%	-0.63%
EBITDA	1,765	2,118	2,800	2,686	1,525	967.51
EBITDA Margin	18.33%	21.39%	27.83%	29.04%	21.86%	16.85%
D&A For EBITDA	999.09	937.21	871.79	761.38	713.85	692.64
EBIT	766.12	1,180	1,928	1,925	811.06	274.88
EBIT Margin	7.95%	11.92%	19.16%	20.81%	11.62%	4.79%
Effective Tax Rate	18.04%	14.74%	2.01%	4.09%	2.39%	-
Revenue as Reported	9,631	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.