Yantai Jereh Oilfield Services Group Co., Ltd. (SHE: 002353)

Yantai Jereh Oilfield Services Group 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	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,400	13,872	11,375	8,746	8,276	6,907
Other Revenue	48.87	39.67	34.35	30.28	18.9	18.34
Revenue	13,449	13,912	11,409	8,776	8,295	6,925
Revenue Growth (YoY)	9.62%	21.94%	30.00%	5.80%	19.78%	50.66%
Cost of Revenue	9,046	9,348	7,684	5,794	5,194	4,372
Gross Profit	4,403	4,564	3,725	2,982	3,101	2,553
Selling, General & Admin	991.89	982.41	870.04	781	644.39	655.12
Research & Development	538.72	511.2	366.9	316.35	303.93	272.65
Other Operating Expenses	31.78	57.27	45.23	58.35	46.59	27.71
Operating Expenses	1,710	1,775	1,518	1,267	993.69	947.41
Operating Income	2,694	2,789	2,207	1,716	2,108	1,606
Interest Expense	-144.81	-114.49	-86.78	-58.9	-90.17	-48.68
Interest & Investment Income	532.14	308.6	272.37	172.26	132.24	72.91
Currency Exchange Gain (Loss)	-93.21	-27.61	235.89	-48.51	-122.01	28.2
Other Non Operating Income (Expenses)	-64.85	-44.17	-95.24	-16.82	-18.82	-61.37
EBT Excluding Unusual Items	2,923	2,911	2,533	1,764	2,009	1,597
Impairment of Goodwill	-	-	-	-	-21.96	-
Gain (Loss) on Sale of Investments	-24.88	-10.46	19.04	2.84	3.92	-5.43
Gain (Loss) on Sale of Assets	3.84	0.95	4.67	1.67	-0.48	-1.17
Asset Writedown	-22.8	-22.25	-2.2	-2.19	-5.85	-14.96
Other Unusual Items	70.6	50.32	58.57	118.85	11.77	42.51
Pretax Income	2,950	2,930	2,613	1,885	1,996	1,618
Income Tax Expense	413.82	436.22	325.41	273.03	274.14	225.27
Earnings From Continuing Operations	2,536	2,493	2,288	1,612	1,722	1,392
Minority Interest in Earnings	-36.5	-39.11	-43.09	-25.66	-31.7	-31.66
Net Income	2,500	2,454	2,245	1,586	1,690	1,361
Net Income to Common	2,500	2,454	2,245	1,586	1,690	1,361
Net Income Growth	8.43%	9.33%	41.54%	-6.17%	24.23%	121.16%
Shares Outstanding (Basic)	1,021	1,018	1,020	955	955	958
Shares Outstanding (Diluted)	1,021	1,018	1,020	955	955	958
Shares Change (YoY)	0.56%	-0.20%	6.80%	0.04%	-0.34%	-0.32%
EPS (Basic)	2.45	2.41	2.20	1.66	1.77	1.42
EPS (Diluted)	2.45	2.41	2.20	1.66	1.77	1.42
EPS Growth	7.83%	9.55%	32.53%	-6.21%	24.65%	121.88%
Free Cash Flow	1,155	-661.78	-519.83	445.63	-235.14	-279.15
Free Cash Flow Per Share	1.13	-0.65	-0.51	0.47	-0.25	-0.29
Dividend Per Share	0.610	0.490	0.331	0.180	0.180	0.160
Dividend Growth	84.38%	48.11%	83.80%	0%	12.50%	33.33%
Gross Margin	32.74%	32.80%	32.65%	33.98%	37.39%	36.86%
Operating Margin	20.03%	20.05%	19.35%	19.55%	25.41%	23.18%
Profit Margin	18.59%	17.64%	19.68%	18.07%	20.38%	19.65%
Free Cash Flow Margin	8.59%	-4.76%	-4.56%	5.08%	-2.83%	-4.03%
EBITDA	3,413	3,415	2,771	2,130	2,442	1,927
EBITDA Margin	25.38%	24.55%	24.29%	24.27%	29.44%	27.83%
D&A For EBITDA	719.42	626.53	564.1	414.25	334.51	321.47
EBIT	2,694	2,789	2,207	1,716	2,108	1,606
EBIT Margin	20.03%	20.05%	19.35%	19.55%	25.41%	23.18%
Effective Tax Rate	14.03%	14.89%	12.45%	14.49%	13.73%	13.93%
Revenue as Reported	13,449	13,912	11,409	8,776	8,295	6,925
Advertising Expenses	-	-	-	-	7	5.45

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