Zhejiang Weixing New Building Materials Co., Ltd. (SHE: 002372)

SHE:002372 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	6,360	6,333	6,840	6,232	5,005	4,612
Other Revenue	45.14	45.14	113.5	155.52	100.22	52.17
Revenue	6,405	6,378	6,954	6,388	5,105	4,664
Revenue Growth (YoY)	-2.01%	-8.27%	8.86%	25.13%	9.45%	2.07%
Cost of Revenue	3,671	3,602	4,245	3,870	2,908	2,498
Gross Profit	2,734	2,776	2,709	2,518	2,197	2,166
Selling, General & Admin	1,189	1,089	994.57	911.49	785.98	859.34
Research & Development	198.44	202.47	189.2	184.54	156.17	161.2
Other Operating Expenses	24.63	21.08	47.54	-3.23	29.65	27.93
Operating Expenses	1,424	1,319	1,240	1,098	978	1,056
Operating Income	1,310	1,457	1,469	1,419	1,219	1,109
Interest Expense	-0.77	-0.52	-0.77	-	-	-0.06
Interest & Investment Income	111.53	263.38	61.36	49.08	116.29	45.51
Currency Exchange Gain (Loss)	-2.13	-2.13	1.64	-1.03	0.52	-0.71
Other Non Operating Income (Expenses)	0.08	-1.81	-0.39	-2.81	-1.74	-1.89
EBT Excluding Unusual Items	1,418	1,716	1,531	1,465	1,334	1,152
Impairment of Goodwill	-5.27	-5.27	-6.81	-	-	-
Gain (Loss) on Sale of Investments	-0.4	-	-17.41	-23.8	0.91	-
Gain (Loss) on Sale of Assets	0.43	-0.24	0.05	-0.18	6.15	0.28
Asset Writedown	-2.49	-1.53	0.64	-0.69	-1.45	0.68
Other Unusual Items	22.91	22.91	27.68	-0.23	44.96	42.67
Pretax Income	1,434	1,732	1,535	1,440	1,384	1,196
Income Tax Expense	230.89	270.71	224	211.37	189.08	211.05
Earnings From Continuing Operations	1,203	1,461	1,311	1,228	1,195	984.76
Minority Interest in Earnings	-20.65	-28.74	-13.56	-5.07	-2.77	-1.51
Net Income	1,182	1,432	1,297	1,223	1,193	983.25
Net Income to Common	1,182	1,432	1,297	1,223	1,193	983.25
Net Income Growth	-15.74%	10.40%	6.06%	2.58%	21.29%	0.50%
Shares Outstanding (Basic)	1,561	1,584	1,582	1,589	1,569	1,561
Shares Outstanding (Diluted)	1,566	1,589	1,582	1,589	1,569	1,561
Shares Change (YoY)	-0.42%	0.41%	-0.41%	1.24%	0.55%	0.50%
EPS (Basic)	0.76	0.90	0.82	0.77	0.76	0.63
EPS (Diluted)	0.75	0.90	0.82	0.77	0.76	0.63
EPS Growth	-15.56%	9.76%	6.49%	1.32%	20.63%	0%
Free Cash Flow	983.6	991.45	1,313	1,361	1,131	725.55
Free Cash Flow Per Share	0.63	0.62	0.83	0.86	0.72	0.46
Dividend Per Share	0.900	0.800	0.600	0.600	0.500	0.500
Dividend Growth	50.00%	33.33%	0%	20.00%	0%	0%
Gross Margin	42.69%	43.53%	38.96%	39.42%	43.03%	46.43%
Operating Margin	20.45%	22.84%	21.13%	22.22%	23.88%	23.78%
Profit Margin	18.45%	22.46%	18.66%	19.15%	23.36%	21.08%
Free Cash Flow Margin	15.36%	15.54%	18.89%	21.30%	22.15%	15.56%
EBITDA	1,464	1,605	1,608	1,557	1,346	1,218
EBITDA Margin	22.85%	25.16%	23.13%	24.37%	26.36%	26.11%
D&A For EBITDA	154.16	147.76	139.22	137.3	126.76	108.22
EBIT	1,310	1,457	1,469	1,419	1,219	1,109
EBIT Margin	20.45%	22.84%	21.13%	22.22%	23.88%	23.78%
Effective Tax Rate	16.11%	15.63%	14.59%	14.68%	13.66%	17.65%
Revenue as Reported	6,405	6,378	6,954	6,388	5,105	4,664

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