China Baoan Group Co., Ltd. (SHE: 000009)

China Baoan Group 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	Jan 1, 2021	Jan 1, 2020
Operating Revenue	20,825	30,697	31,999	17,298	10,465	11,733
Other Revenue	1.85	9.31	34.11	307.85	198.68	271.03
Revenue	20,826	30,706	32,033	17,606	10,664	12,004
Revenue Growth (YoY)	-38.82%	-4.14%	81.94%	65.11%	-11.17%	2.01%
Cost of Revenue	15,552	24,552	25,739	12,617	7,242	7,871
Gross Profit	5,275	6,154	6,294	4,989	3,421	4,133
Selling, General & Admin	2,419	2,349	2,463	2,256	1,870	1,892
Research & Development	940.73	1,153	1,506	805.55	430.23	397.43
Other Operating Expenses	126.99	132.44	157.63	165.3	188.77	384.14
Operating Expenses	3,407	3,582	4,253	3,314	2,584	2,873
Operating Income	1,867	2,572	2,041	1,676	837.63	1,261
Interest Expense	-542.9	-605.16	-558.67	-500.13	-551.86	-545.24
Interest & Investment Income	171.78	374.36	1,260	1,008	646.16	211.38
Currency Exchange Gain (Loss)	51.96	51.96	5.46	-17.09	-48.51	7.95
Other Non Operating Income (Expenses)	-42.18	-26.45	-28.36	-39.66	-54.08	-61.66
EBT Excluding Unusual Items	1,506	2,367	2,719	2,127	829.35	873.08
Impairment of Goodwill	-34.13	-34.13	-10.44	-	-34.84	-40.95
Gain (Loss) on Sale of Investments	-69	-308.05	-31.76	-169.48	433.12	209.99
Gain (Loss) on Sale of Assets	-2.97	-5.07	2.64	6.33	7.65	1.98
Asset Writedown	-139.42	-46.04	-30.86	-29.45	-23.75	-42.34
Other Unusual Items	270.19	270.19	220.33	224.1	211.47	162.52
Pretax Income	1,531	2,244	2,869	2,158	1,423	1,164
Income Tax Expense	422.5	563.09	401.03	399.33	355.21	452.43
Earnings From Continuing Operations	1,108	1,681	2,468	1,759	1,068	711.86
Minority Interest in Earnings	-644.85	-924.49	-1,311	-723.53	-406.03	-410.72
Net Income	463.32	756.46	1,157	1,036	661.76	301.14
Net Income to Common	463.32	756.46	1,157	1,036	661.76	301.14
Net Income Growth	-63.23%	-34.63%	11.73%	56.49%	119.75%	40.86%
Shares Outstanding (Basic)	2,580	2,579	2,579	2,579	2,579	2,578
Shares Outstanding (Diluted)	2,580	2,579	2,579	2,579	2,579	2,578
Shares Change (YoY)	0.03%	-0.01%	0.00%	0.01%	0.03%	-0.02%
EPS (Basic)	0.18	0.29	0.45	0.40	0.26	0.12
EPS (Diluted)	0.18	0.29	0.45	0.40	0.26	0.12
EPS Growth	-63.24%	-34.62%	11.73%	56.47%	119.69%	40.89%
Free Cash Flow	-1,005	3,072	-3,399	-2,290	-377.45	656.8
Free Cash Flow Per Share	-0.39	1.19	-1.32	-0.89	-0.15	0.25
Dividend Per Share	0.045	0.045	0.035	0.035	0.030	0.020
Dividend Growth	28.57%	28.57%	0%	16.67%	50.00%	19.76%
Gross Margin	25.33%	20.04%	19.65%	28.34%	32.08%	34.43%
Operating Margin	8.97%	8.38%	6.37%	9.52%	7.86%	10.50%
Profit Margin	2.22%	2.46%	3.61%	5.88%	6.21%	2.51%
Free Cash Flow Margin	-4.83%	10.01%	-10.61%	-13.01%	-3.54%	5.47%
EBITDA	2,959	3,492	2,729	2,228	1,343	1,752
EBITDA Margin	14.21%	11.37%	8.52%	12.66%	12.59%	14.59%
D&A For EBITDA	1,092	919.12	688.35	552.76	505.08	491.3
EBIT	1,867	2,572	2,041	1,676	837.63	1,261
EBIT Margin	8.97%	8.38%	6.37%	9.52%	7.86%	10.50%
Effective Tax Rate	27.60%	25.09%	13.98%	18.50%	24.96%	38.86%
Revenue as Reported	20,826	30,706	32,033	17,606	10,664	12,004
Advertising Expenses	-	32.58	35.71	25.36	30.05	52.27

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