China Tungsten And Hightech Materials Co.,Ltd (SHE: 000657)

China Tungsten And Hightech Materials 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	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,150	12,469	12,850	11,898	9,526	8,500
Other Revenue	267.07	267.07	230	195.34	393.68	313.71
Revenue	13,417	12,736	13,080	12,094	9,919	8,813
Revenue Growth (YoY)	6.00%	-2.63%	8.16%	21.92%	12.55%	7.79%
Cost of Revenue	11,358	10,654	10,882	9,940	8,252	7,211
Gross Profit	2,058	2,082	2,198	2,154	1,668	1,602
Selling, General & Admin	993.31	982.65	980.47	850.8	816.92	838.38
Research & Development	582.98	516.96	415	412.08	366.81	335.04
Other Operating Expenses	-5.79	21.13	82.01	76.35	63.64	77.44
Operating Expenses	1,579	1,526	1,483	1,339	1,281	1,258
Operating Income	479.29	556.28	715.02	814.69	386.45	344.18
Interest Expense	-95.1	-94.64	-94.51	-105.2	-104.44	-105.32
Interest & Investment Income	6.48	5.73	3.87	3.83	8.41	5.25
Currency Exchange Gain (Loss)	41.86	41.86	63.16	-9.55	-24.58	13.47
Other Non Operating Income (Expenses)	-32.25	-5.13	-8.6	-8.58	4.08	-3.1
EBT Excluding Unusual Items	400.28	504.1	678.95	695.2	269.92	254.49
Merger & Restructuring Charges	-	-	-	-	-	-32.84
Gain (Loss) on Sale of Investments	-6.65	-48.15	-28.98	-3.79	-	-
Gain (Loss) on Sale of Assets	51.69	114.61	-1.26	-4.36	2.2	-0.8
Asset Writedown	5.8	-4.38	-0.89	-13.05	-9.88	-22.57
Other Unusual Items	91.1	91.1	85.28	51.03	74.73	51.48
Pretax Income	542.22	657.29	733.1	725.04	336.97	249.75
Income Tax Expense	66.86	70.52	72.31	86.46	40.48	50.26
Earnings From Continuing Operations	475.37	586.77	660.79	638.58	296.49	199.49
Minority Interest in Earnings	-100.13	-102.2	-126.18	-110.99	-75.38	-75.48
Net Income	375.23	484.57	534.61	527.58	221.11	124.01
Net Income to Common	375.23	484.57	534.61	527.58	221.11	124.01
Net Income Growth	-16.89%	-9.36%	1.33%	138.60%	78.30%	-8.72%
Shares Outstanding (Basic)	1,384	1,384	1,407	1,429	1,250	1,151
Shares Outstanding (Diluted)	1,384	1,384	1,407	1,429	1,250	1,151
Shares Change (YoY)	-1.69%	-1.59%	-1.55%	14.33%	8.55%	0.69%
EPS (Basic)	0.27	0.35	0.38	0.37	0.18	0.11
EPS (Diluted)	0.27	0.35	0.38	0.37	0.18	0.11
EPS Growth	-15.46%	-7.89%	2.93%	108.71%	64.25%	-9.34%
Free Cash Flow	-135.77	-209.63	184.55	371.31	-738.56	12.96
Free Cash Flow Per Share	-0.10	-0.15	0.13	0.26	-0.59	0.01
Dividend Per Share	0.130	0.250	0.100	-	-	-
Dividend Growth	8.33%	150.00%	-	-	-	-
Gross Margin	15.34%	16.35%	16.80%	17.81%	16.81%	18.18%
Operating Margin	3.57%	4.37%	5.47%	6.74%	3.90%	3.91%
Profit Margin	2.80%	3.80%	4.09%	4.36%	2.23%	1.41%
Free Cash Flow Margin	-1.01%	-1.65%	1.41%	3.07%	-7.45%	0.15%
EBITDA	977.47	1,034	1,164	1,274	827.12	759.66
EBITDA Margin	7.29%	8.12%	8.90%	10.53%	8.34%	8.62%
D&A For EBITDA	498.17	477.3	449.47	458.81	440.67	415.48
EBIT	479.29	556.28	715.02	814.69	386.45	344.18
EBIT Margin	3.57%	4.37%	5.47%	6.74%	3.90%	3.91%
Effective Tax Rate	12.33%	10.73%	9.86%	11.93%	12.01%	20.13%
Revenue as Reported	13,417	12,736	13,080	12,094	9,919	8,813
Advertising Expenses	-	14.91	17.78	15.62	13.18	20.76

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