GRG Banking Equipment Co., Ltd. (SHE: 002152)

GRG Banking Equipment 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	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	10,389	9,015	7,493	6,745	6,407	6,490
Other Revenue	28.64	28.64	33.61	36.78	3.96	5.9
Revenue	10,418	9,043	7,526	6,782	6,411	6,496
Revenue Growth (YoY)	22.74%	20.15%	10.98%	5.79%	-1.32%	19.00%
Cost of Revenue	7,150	5,844	4,708	4,201	3,933	3,996
Gross Profit	3,268	3,199	2,818	2,581	2,477	2,500
Selling, General & Admin	1,376	1,254	1,137	1,033	1,048	1,119
Research & Development	951.46	866.21	718.72	645.65	527.76	537.94
Other Operating Expenses	35.16	6.1	8.01	-3.94	-111.15	7.66
Operating Expenses	2,386	2,139	1,909	1,680	1,549	1,674
Operating Income	882.21	1,060	909.17	900.43	928.59	826
Interest Expense	-47.66	-19.72	-21.29	-13.46	-10.02	-3.75
Interest & Investment Income	411.3	340.25	276.83	207.29	163.15	134.67
Currency Exchange Gain (Loss)	12.75	12.75	13.77	-31.79	-55.77	15.95
Other Non Operating Income (Expenses)	-24.27	-5.08	-6.76	-4.46	-2.67	-3.19
EBT Excluding Unusual Items	1,234	1,389	1,172	1,058	1,023	969.68
Impairment of Goodwill	-28.15	-28.15	-52.63	-69.19	-59.12	-35.73
Gain (Loss) on Sale of Investments	1.84	0.41	-	17.7	-0.38	-0.84
Gain (Loss) on Sale of Assets	2.73	3.33	1.04	-0.86	-0.27	-1.46
Asset Writedown	-0.29	-0.94	-0.89	-	-	-
Other Unusual Items	75.8	75.8	99.66	96.02	-1.04	102.3
Pretax Income	1,286	1,439	1,219	1,102	962.47	1,034
Income Tax Expense	165.28	167.51	118.15	123.06	113.44	150.57
Earnings From Continuing Operations	1,121	1,272	1,101	978.61	849.03	883.38
Minority Interest in Earnings	-223.64	-294.63	-271.44	-154.36	-148.61	-125.4
Net Income	897.33	976.92	829.32	824.26	700.42	757.98
Net Income to Common	897.33	976.92	829.32	824.26	700.42	757.98
Net Income Growth	-1.88%	17.80%	0.61%	17.68%	-7.59%	13.08%
Shares Outstanding (Basic)	2,493	2,505	2,513	2,498	2,409	2,445
Shares Outstanding (Diluted)	2,493	2,505	2,513	2,498	2,409	2,445
Shares Change (YoY)	-1.89%	-0.33%	0.61%	3.68%	-1.48%	0.82%
EPS (Basic)	0.36	0.39	0.33	0.33	0.29	0.31
EPS (Diluted)	0.36	0.39	0.33	0.33	0.29	0.31
EPS Growth	0.00%	18.18%	0%	13.79%	-6.45%	12.17%
Free Cash Flow	1,093	1,248	1,435	1,328	539.09	679.1
Free Cash Flow Per Share	0.44	0.50	0.57	0.53	0.22	0.28
Dividend Per Share	0.200	0.200	0.200	0.150	0.150	0.120
Dividend Growth	0%	0%	33.33%	0%	25.00%	0%
Gross Margin	31.37%	35.38%	37.44%	38.06%	38.64%	38.48%
Operating Margin	8.47%	11.73%	12.08%	13.28%	14.48%	12.72%
Profit Margin	8.61%	10.80%	11.02%	12.15%	10.93%	11.67%
Free Cash Flow Margin	10.49%	13.80%	19.06%	19.59%	8.41%	10.45%
EBITDA	1,043	1,227	1,084	1,062	1,091	991.74
EBITDA Margin	10.01%	13.57%	14.40%	15.66%	17.02%	15.27%
D&A For EBITDA	160.62	166.53	174.41	161.63	162.59	165.74
EBIT	882.21	1,060	909.17	900.43	928.59	826
EBIT Margin	8.47%	11.73%	12.08%	13.28%	14.48%	12.71%
Effective Tax Rate	12.85%	11.64%	9.69%	11.17%	11.79%	14.56%
Revenue as Reported	10,418	9,043	7,526	6,782	6,411	6,496

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