Edifier Technology Co., Ltd. (SHE:002351)

Edifier Technology 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	2,920	2,637	2,170	2,258	1,910	1,235
Other Revenue	56.8	56.8	44.62	45.63	23.91	8.45
Revenue	2,977	2,694	2,214	2,304	1,934	1,243
Revenue Growth (YoY)	17.00%	21.64%	-3.88%	19.10%	55.59%	41.13%
Cost of Revenue	1,793	1,682	1,497	1,577	1,313	850.38
Gross Profit	1,185	1,012	716.97	726.86	621.48	392.76
Selling, General & Admin	476.6	399.15	288.32	284.43	195.04	158.89
Research & Development	196.41	168.2	140.02	136.27	119.18	83.31
Other Operating Expenses	8.22	12.45	17.5	17.18	14.68	10.15
Operating Expenses	681.74	579.34	444.41	439.2	332.16	256.98
Operating Income	502.79	432.56	272.56	287.67	289.32	135.78
Interest Expense	-0.43	-0.61	-0.44	-0.42	-0.12	-0.11
Interest & Investment Income	75.52	73.07	19.59	24.78	28.58	30.83
Currency Exchange Gain (Loss)	0.69	0.69	-8.39	-2.09	1.13	0.18
Other Non Operating Income (Expenses)	1.81	-1.95	-0.76	-0.85	-0.84	-0.55
EBT Excluding Unusual Items	580.39	503.76	282.56	309.08	318.07	166.13
Gain (Loss) on Sale of Investments	11.01	2.76	17.03	11.01	4.46	-10.53
Gain (Loss) on Sale of Assets	-0.03	0.1	0.03	60.17	0.2	0.2
Asset Writedown	-3.45	-1.68	-0.13	-1.19	-0.14	-0.1
Other Unusual Items	2.68	4.58	3.97	4.24	3.46	-0.12
Pretax Income	590.6	509.53	303.46	383.31	326.06	155.57
Income Tax Expense	61.71	50.11	36.62	55.93	34.93	33.56
Earnings From Continuing Operations	528.89	459.42	266.84	327.38	291.14	122.01
Minority Interest in Earnings	-48.48	-39.82	-20.27	-11.82	-15.04	0.78
Net Income	480.4	419.6	246.57	315.56	276.09	122.79
Net Income to Common	480.4	419.6	246.57	315.56	276.09	122.79
Net Income Growth	36.35%	70.17%	-21.86%	14.30%	124.85%	130.01%
Shares Outstanding (Basic)	892	893	881	902	891	877
Shares Outstanding (Diluted)	892	893	881	902	891	877
Shares Change (YoY)	1.28%	1.38%	-2.33%	1.23%	1.54%	-1.42%
EPS (Basic)	0.54	0.47	0.28	0.35	0.31	0.14
EPS (Diluted)	0.54	0.47	0.28	0.35	0.31	0.14
EPS Growth	34.63%	67.86%	-20.00%	12.90%	121.43%	133.33%
Free Cash Flow	468.56	496.08	380.44	224.26	224.15	-10.84
Free Cash Flow Per Share	0.53	0.56	0.43	0.25	0.25	-0.01
Dividend Per Share	0.200	0.200	0.200	0.180	0.200	0.100
Dividend Growth	0%	0%	11.11%	-10.00%	100.00%	49.93%
Gross Margin	39.79%	37.57%	32.38%	31.55%	32.13%	31.59%
Operating Margin	16.89%	16.06%	12.31%	12.49%	14.96%	10.92%
Profit Margin	16.14%	15.58%	11.13%	13.70%	14.27%	9.88%
Free Cash Flow Margin	15.74%	18.42%	17.18%	9.73%	11.59%	-0.87%
EBITDA	542.82	474.44	316.92	329.69	327.17	168.18
EBITDA Margin	18.23%	17.61%	14.31%	14.31%	16.91%	13.53%
D&A For EBITDA	40.03	41.88	44.36	42.02	37.84	32.41
EBIT	502.79	432.56	272.56	287.67	289.32	135.78
EBIT Margin	16.89%	16.06%	12.31%	12.49%	14.96%	10.92%
Effective Tax Rate	10.45%	9.84%	12.07%	14.59%	10.71%	21.57%
Revenue as Reported	2,977	2,694	2,214	2,304	1,934	1,243

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