Lu Thai Textile Co., Ltd. (SHE:000726)

Lu Thai Textile Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	6,009	5,939	5,770	6,721	5,104	4,617
Other Revenue	151.7	151.7	191.89	217.59	133.89	134.18
Revenue	6,161	6,091	5,961	6,938	5,238	4,751
Revenue Growth (YoY)	3.26%	2.17%	-14.08%	32.45%	10.25%	-30.14%
Cost of Revenue	4,775	4,721	4,680	5,330	4,250	3,850
Gross Profit	1,386	1,370	1,281	1,608	988.07	900.91
Selling, General & Admin	499.03	495.33	530.78	533.24	442.24	486.37
Research & Development	201.03	206.82	239.78	276.42	252.91	231.27
Other Operating Expenses	70.32	62.58	18.13	20.32	59.49	66.24
Operating Expenses	784.82	767.72	790.69	847.04	759.3	797.88
Operating Income	601.02	601.78	490.65	760.9	228.77	103.03
Interest Expense	-102.68	-102.9	-86.31	-88.64	-65.53	-67.91
Interest & Investment Income	47.03	60.96	91.55	70.59	104.22	171.14
Currency Exchange Gain (Loss)	51.83	51.83	37.92	197.85	-12.49	-59.91
Other Non Operating Income (Expenses)	-11.27	-6.13	-4.73	-20.01	-14.49	-14.78
EBT Excluding Unusual Items	585.93	605.53	529.09	920.69	240.48	131.56
Gain (Loss) on Sale of Investments	-10.65	-137.33	-65.02	169.19	16.42	-107
Gain (Loss) on Sale of Assets	-2.81	-3.14	-9.12	0.91	57.18	-0.32
Asset Writedown	-51.31	-34.94	-17.75	-11.41	-7.74	-1.51
Other Unusual Items	42.97	37.69	-	0.01	56.98	62.08
Pretax Income	564.12	467.81	437.19	1,079	363.32	84.82
Income Tax Expense	59.77	41.55	40.84	105.62	35.99	-4.27
Earnings From Continuing Operations	504.35	426.26	396.35	973.76	327.32	89.09
Minority Interest in Earnings	-13.87	-15.94	7.09	-9.9	20.29	8.22
Net Income	490.48	410.32	403.44	963.86	347.61	97.31
Net Income to Common	490.48	410.32	403.44	963.86	347.61	97.31
Net Income Growth	30.47%	1.70%	-58.14%	177.28%	257.22%	-89.78%
Shares Outstanding (Basic)	813	821	858	876	891	885
Shares Outstanding (Diluted)	878	873	961	1,015	966	885
Shares Change (YoY)	-6.04%	-9.12%	-5.32%	5.08%	9.15%	3.10%
EPS (Basic)	0.60	0.50	0.47	1.10	0.39	0.11
EPS (Diluted)	0.56	0.47	0.42	0.95	0.36	0.11
EPS Growth	38.86%	11.91%	-55.79%	163.89%	227.27%	-90.09%
Free Cash Flow	1,077	1,027	8.1	917.91	-83	11.82
Free Cash Flow Per Share	1.23	1.18	0.01	0.91	-0.09	0.01
Dividend Per Share	0.250	0.250	0.130	0.100	0.070	0.050
Dividend Growth	92.31%	92.31%	30.00%	42.86%	40.00%	-50.00%
Gross Margin	22.50%	22.48%	21.49%	23.18%	18.86%	18.96%
Operating Margin	9.76%	9.88%	8.23%	10.97%	4.37%	2.17%
Profit Margin	7.96%	6.74%	6.77%	13.89%	6.64%	2.05%
Free Cash Flow Margin	17.48%	16.86%	0.14%	13.23%	-1.58%	0.25%
EBITDA	1,093	1,091	965.78	1,224	677.89	575.52
EBITDA Margin	17.75%	17.91%	16.20%	17.64%	12.94%	12.11%
D&A For EBITDA	492.28	488.85	475.13	463.23	449.12	472.49
EBIT	601.02	601.78	490.65	760.9	228.77	103.03
EBIT Margin	9.76%	9.88%	8.23%	10.97%	4.37%	2.17%
Effective Tax Rate	10.60%	8.88%	9.34%	9.79%	9.91%	-
Revenue as Reported	6,161	6,091	5,961	6,938	5,238	4,751
Advertising Expenses	-	22.15	19.24	15.43	14.81	18.07

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.