S.F. Holding Co., Ltd. (SHE: 002352)

S.F. Holding 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	275,836	257,987	267,123	206,828	153,757	112,035
Other Revenue	422.82	422.82	367.65	358.28	229.97	158.42
Revenue	276,259	258,409	267,490	207,187	153,987	112,193
Revenue Growth (YoY)	7.35%	-3.39%	29.11%	34.55%	37.25%	23.37%
Cost of Revenue	238,811	225,277	234,068	181,521	128,904	92,649
Gross Profit	37,448	33,133	33,423	25,666	25,083	19,545
Selling, General & Admin	21,285	20,624	20,359	17,868	13,852	11,651
Research & Development	2,522	2,285	2,223	2,155	1,742	1,193
Other Operating Expenses	401.95	-386.92	-952.41	-451.32	35.89	78.8
Operating Expenses	24,440	22,481	22,299	20,177	15,850	13,065
Operating Income	13,007	10,652	11,124	5,489	9,233	6,480
Interest Expense	-2,392	-2,270	-2,054	-1,562	-1,017	-900.62
Interest & Investment Income	1,417	1,434	1,371	2,594	1,037	1,361
Currency Exchange Gain (Loss)	-96.38	-96.38	117.31	-103.53	23.66	2.85
Other Non Operating Income (Expenses)	-72.37	-139.86	-275.89	-86.39	-211.23	-162.22
EBT Excluding Unusual Items	11,864	9,580	10,282	6,331	9,065	6,781
Gain (Loss) on Sale of Investments	-208.05	-170.17	-27.94	98.95	130.42	216.79
Gain (Loss) on Sale of Assets	28.29	25.09	91.69	40.46	-12.16	-32.81
Asset Writedown	-170.65	-140.67	-275.75	-296.69	-199.61	-90.31
Other Unusual Items	1,192	1,192	897.11	959.68	1,055	551.69
Pretax Income	12,705	10,487	10,967	7,134	10,039	7,426
Income Tax Expense	3,115	2,575	3,963	3,214	3,107	1,802
Earnings From Continuing Operations	9,590	7,912	7,004	3,919	6,932	5,625
Minority Interest in Earnings	-2.97	322.88	-829.86	349.89	394.05	171.71
Net Income	9,587	8,234	6,174	4,269	7,326	5,797
Net Income to Common	9,587	8,234	6,174	4,269	7,326	5,797
Net Income Growth	20.35%	33.38%	44.62%	-41.73%	26.39%	27.23%
Shares Outstanding (Basic)	4,824	4,850	4,869	4,604	4,464	4,404
Shares Outstanding (Diluted)	4,829	4,855	4,874	4,604	4,545	4,421
Shares Change (YoY)	-0.86%	-0.38%	5.87%	1.28%	2.81%	0.22%
EPS (Basic)	1.99	1.70	1.27	0.93	1.64	1.32
EPS (Diluted)	1.99	1.70	1.27	0.93	1.64	1.32
EPS Growth	21.37%	33.88%	36.75%	-43.32%	24.40%	27.68%
Free Cash Flow	17,290	14,098	18,519	-3,838	-943.55	2,700
Free Cash Flow Per Share	3.58	2.90	3.80	-0.83	-0.21	0.61
Dividend Per Share	0.600	0.600	0.250	0.180	0.330	0.270
Dividend Growth	140.00%	140.00%	38.89%	-45.45%	22.22%	28.57%
Gross Margin	13.56%	12.82%	12.49%	12.39%	16.29%	17.42%
Operating Margin	4.71%	4.12%	4.16%	2.65%	6.00%	5.78%
Profit Margin	3.47%	3.19%	2.31%	2.06%	4.76%	5.17%
Free Cash Flow Margin	6.26%	5.46%	6.92%	-1.85%	-0.61%	2.41%
EBITDA	21,032	19,169	20,297	11,626	13,851	10,285
EBITDA Margin	7.61%	7.42%	7.59%	5.61%	8.99%	9.17%
D&A For EBITDA	8,025	8,517	9,174	6,137	4,617	3,805
EBIT	13,007	10,652	11,124	5,489	9,233	6,480
EBIT Margin	4.71%	4.12%	4.16%	2.65%	6.00%	5.78%
Effective Tax Rate	24.52%	24.55%	36.14%	45.06%	30.95%	24.26%
Revenue as Reported	17,849	-	-	-	-	-

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