Guizhou Space Appliance Co., LTD (SHE: 002025)

Guizhou Space Appliance 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	4,943	6,151	5,863	5,040	4,173	3,506
Other Revenue	58.74	58.74	156.79	106.83	45.64	27.77
Revenue	5,002	6,210	6,020	5,147	4,218	3,534
Revenue Growth (YoY)	-23.25%	3.16%	16.96%	22.01%	19.38%	24.69%
Cost of Revenue	2,718	3,864	4,076	3,512	2,769	2,304
Gross Profit	2,284	2,346	1,944	1,635	1,450	1,229
Selling, General & Admin	781.68	693.01	644.72	513.68	459.32	369.6
Research & Development	763.1	698.76	624.97	516.46	428.08	377.98
Other Operating Expenses	54.47	41.69	45.05	30.86	9.97	9.51
Operating Expenses	1,730	1,518	1,334	1,061	919.5	763.1
Operating Income	554.2	827.49	609.63	574.11	530.03	466.32
Interest Expense	-18.74	-11.54	-10.39	-4.73	-0.69	-
Interest & Investment Income	33.9	31.28	34.47	15.71	8.85	11.13
Currency Exchange Gain (Loss)	3.97	3.97	10.87	-3.99	-6.74	4.16
Other Non Operating Income (Expenses)	-3.52	-1.1	-2.22	9.46	-0.98	-5.37
EBT Excluding Unusual Items	569.8	850.1	642.36	590.55	530.46	476.24
Impairment of Goodwill	-	-	-	-13.89	-14.18	-14.58
Gain (Loss) on Sale of Assets	-1.02	1.63	-0.25	0.03	0.06	0.09
Asset Writedown	-13.32	-1.63	-1.74	-	-3.89	-0.36
Other Unusual Items	140.2	86.45	66.24	43.01	51.36	43.75
Pretax Income	695.67	936.56	706.62	619.7	563.82	505.15
Income Tax Expense	33.42	68.35	55.23	52.34	54.86	46.52
Earnings From Continuing Operations	662.25	868.2	651.38	567.36	508.95	458.63
Minority Interest in Earnings	-95.41	-117.72	-95.94	-78.38	-75.36	-56.39
Net Income	566.84	750.48	555.44	488.98	433.59	402.23
Net Income to Common	566.84	750.48	555.44	488.98	433.59	402.23
Net Income Growth	-20.04%	35.11%	13.59%	12.78%	7.80%	12.06%
Shares Outstanding (Basic)	460	455	452	437	429	428
Shares Outstanding (Diluted)	461	455	452	437	429	428
Shares Change (YoY)	1.48%	0.72%	3.43%	1.70%	0.32%	0.14%
EPS (Basic)	1.23	1.65	1.23	1.12	1.01	0.94
EPS (Diluted)	1.23	1.65	1.23	1.12	1.01	0.94
EPS Growth	-21.21%	34.15%	9.82%	10.89%	7.45%	11.90%
Free Cash Flow	784.59	1,194	-157.59	254.58	-80.33	167.72
Free Cash Flow Per Share	1.70	2.62	-0.35	0.58	-0.19	0.39
Dividend Per Share	0.380	0.380	0.370	0.200	0.200	0.150
Dividend Growth	2.70%	2.70%	85.00%	0%	33.33%	0%
Gross Margin	45.66%	37.78%	32.29%	31.76%	34.36%	34.79%
Operating Margin	11.08%	13.33%	10.13%	11.15%	12.56%	13.20%
Profit Margin	11.33%	12.09%	9.23%	9.50%	10.28%	11.38%
Free Cash Flow Margin	15.69%	19.22%	-2.62%	4.95%	-1.90%	4.75%
EBITDA	790.91	1,033	774.06	735.33	640.05	567.68
EBITDA Margin	15.81%	16.64%	12.86%	14.29%	15.17%	16.06%
D&A For EBITDA	236.71	205.73	164.43	161.22	110.02	101.37
EBIT	554.2	827.49	609.63	574.11	530.03	466.32
EBIT Margin	11.08%	13.33%	10.13%	11.15%	12.56%	13.20%
Effective Tax Rate	4.80%	7.30%	7.82%	8.45%	9.73%	9.21%
Revenue as Reported	5,002	6,210	6,020	5,147	4,218	3,534
Advertising Expenses	-	2.27	1.98	1.04	1.34	1.62

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