Fujian Septwolves Industry Co., Ltd. (SHE: 002029)

Fujian Septwolves Industry 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	3,183	3,367	3,087	3,399	3,200	3,492
Other Revenue	77.95	77.95	141.4	114.79	130.8	131.03
Revenue	3,261	3,445	3,228	3,514	3,330	3,623
Revenue Growth (YoY)	-2.47%	6.70%	-8.13%	5.52%	-8.08%	3.02%
Cost of Revenue	1,912	2,059	2,125	2,244	2,236	2,268
Gross Profit	1,349	1,386	1,103	1,271	1,094	1,355
Selling, General & Admin	1,302	1,191	1,014	996.96	972.98	1,043
Research & Development	58.79	76.79	74.69	77.74	53.57	50.58
Other Operating Expenses	70.96	18.62	30.92	28.07	22.04	27.19
Operating Expenses	1,439	1,284	1,123	1,089	1,055	1,133
Operating Income	-90.48	101.69	-20.08	181.87	38.63	221.76
Interest Expense	-31.29	-43.48	-60.55	-56.79	-31.82	-32.3
Interest & Investment Income	220.6	267.32	243.07	202.71	148.95	184.47
Currency Exchange Gain (Loss)	0.29	0.29	0.22	0.05	1.59	0.31
Other Non Operating Income (Expenses)	-11.82	-6.14	3.8	4.83	-5.88	-7.73
EBT Excluding Unusual Items	87.31	319.66	166.47	332.67	151.47	366.52
Gain (Loss) on Sale of Investments	197.41	-2.22	0.54	-23.57	71.14	30.97
Gain (Loss) on Sale of Assets	1.27	1.22	0.25	-0.32	-0.06	-0.06
Asset Writedown	27.48	-0.3	-0.21	-0.37	-0.46	-0.31
Other Unusual Items	87.49	66.35	55.11	20.6	36.09	34.07
Pretax Income	400.95	384.72	222.17	329.01	258.2	431.19
Income Tax Expense	51.56	60.25	29.25	55.81	22.94	77.77
Earnings From Continuing Operations	349.39	324.47	192.92	273.2	235.26	353.42
Minority Interest in Earnings	-45.45	-54.36	-42.27	-41.98	-26.29	-6.12
Net Income	303.94	270.11	150.65	231.22	208.97	347.3
Net Income to Common	303.94	270.11	150.65	231.22	208.97	347.3
Net Income Growth	19.09%	79.30%	-34.85%	10.65%	-39.83%	0.29%
Shares Outstanding (Basic)	724	711	717	723	746	755
Shares Outstanding (Diluted)	724	711	717	723	746	755
Shares Change (YoY)	0.83%	-0.91%	-0.72%	-3.18%	-1.15%	0.29%
EPS (Basic)	0.42	0.38	0.21	0.32	0.28	0.46
EPS (Diluted)	0.42	0.38	0.21	0.32	0.28	0.46
EPS Growth	18.10%	80.95%	-34.38%	14.29%	-39.13%	0%
Free Cash Flow	111.5	231.57	127.02	431.96	453.55	191.41
Free Cash Flow Per Share	0.15	0.33	0.18	0.60	0.61	0.25
Dividend Per Share	0.120	0.120	-	-	0.100	0.100
Gross Margin	41.36%	40.23%	34.16%	36.16%	32.85%	37.39%
Operating Margin	-2.77%	2.95%	-0.62%	5.18%	1.16%	6.12%
Profit Margin	9.32%	7.84%	4.67%	6.58%	6.27%	9.59%
Free Cash Flow Margin	3.42%	6.72%	3.93%	12.29%	13.62%	5.28%
EBITDA	-11.65	190.99	80.23	283.22	140.39	320.33
EBITDA Margin	-0.36%	5.54%	2.48%	8.06%	4.22%	8.84%
D&A For EBITDA	78.82	89.31	100.31	101.35	101.76	98.57
EBIT	-90.48	101.69	-20.08	181.87	38.63	221.76
EBIT Margin	-2.77%	2.95%	-0.62%	5.18%	1.16%	6.12%
Effective Tax Rate	12.86%	15.66%	13.17%	16.96%	8.88%	18.04%
Revenue as Reported	3,261	3,445	3,228	3,514	3,330	3,623
Advertising Expenses	-	164.2	117.26	153.72	156.11	144.27

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