Hangzhou Greatstar Industrial Co., Ltd (SHE: 002444)

Hangzhou Greatstar Industrial 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	13,339	10,865	12,545	10,850	8,502	6,593
Other Revenue	64.68	64.68	64.9	69.76	42.11	32.07
Revenue	13,404	10,930	12,610	10,920	8,544	6,625
Revenue Growth (YoY)	17.72%	-13.32%	15.48%	27.80%	28.96%	11.64%
Cost of Revenue	9,056	7,477	9,310	8,205	5,965	4,479
Gross Profit	4,348	3,453	3,300	2,715	2,580	2,146
Selling, General & Admin	1,834	1,625	1,515	1,277	956.56	1,062
Research & Development	347.5	322.54	319.44	309.76	245.37	203.77
Other Operating Expenses	62.47	38.53	45.92	34.36	26.77	25.26
Operating Expenses	2,296	1,989	1,862	1,652	1,239	1,292
Operating Income	2,051	1,463	1,438	1,063	1,340	854.57
Interest Expense	-112.43	-84.77	-102.11	-59.75	-69.92	-48.67
Interest & Investment Income	579.73	380.82	260.41	430.01	354.69	125.62
Currency Exchange Gain (Loss)	163.01	163.01	146.15	-53.97	-94.97	50.87
Other Non Operating Income (Expenses)	-210.27	-10.26	-16.66	-14.29	-9.1	-13.51
EBT Excluding Unusual Items	2,472	1,912	1,726	1,365	1,521	968.87
Impairment of Goodwill	-1.67	-1.67	-14.83	-4.28	-70.84	-0.44
Gain (Loss) on Sale of Investments	49.27	50.18	-50.58	-23.61	31.92	5.18
Gain (Loss) on Sale of Assets	4.92	5.81	-16.89	-3.02	-0.3	-1
Asset Writedown	-19	-4.16	-10.81	-1.83	-0.65	-1.12
Other Unusual Items	24.36	26.44	34.18	126.44	82.98	73.68
Pretax Income	2,529	1,989	1,667	1,459	1,564	1,045
Income Tax Expense	369.2	294	222.1	161.22	199.78	141.51
Earnings From Continuing Operations	2,160	1,695	1,445	1,297	1,364	903.65
Minority Interest in Earnings	-39.3	-3.1	-25.32	-27.31	-14.36	-8.62
Net Income	2,121	1,692	1,420	1,270	1,350	895.03
Net Income to Common	2,121	1,692	1,420	1,270	1,350	895.03
Net Income Growth	27.54%	19.14%	11.80%	-5.93%	50.85%	24.83%
Shares Outstanding (Basic)	1,194	1,194	1,141	1,124	1,063	1,066
Shares Outstanding (Diluted)	1,194	1,194	1,141	1,124	1,080	1,066
Shares Change (YoY)	0.85%	4.70%	1.51%	4.05%	1.37%	-0.43%
EPS (Basic)	1.78	1.42	1.24	1.13	1.27	0.84
EPS (Diluted)	1.78	1.42	1.24	1.13	1.25	0.84
EPS Growth	26.46%	13.79%	10.14%	-9.60%	48.81%	25.37%
Free Cash Flow	1,149	1,688	1,199	-523.85	145.92	481.74
Free Cash Flow Per Share	0.96	1.41	1.05	-0.47	0.14	0.45
Dividend Per Share	0.350	0.275	0.100	-	-	0.190
Dividend Growth	27.27%	175.00%	-	-	-	-
Gross Margin	32.44%	31.59%	26.17%	24.86%	30.19%	32.40%
Operating Margin	15.31%	13.39%	11.41%	9.73%	15.69%	12.90%
Profit Margin	15.82%	15.48%	11.26%	11.63%	15.80%	13.51%
Free Cash Flow Margin	8.57%	15.44%	9.51%	-4.80%	1.71%	7.27%
EBITDA	2,301	1,697	1,652	1,258	1,487	987.89
EBITDA Margin	17.16%	15.53%	13.10%	11.52%	17.41%	14.91%
D&A For EBITDA	249.05	233.89	213.67	195.51	147.02	133.33
EBIT	2,051	1,463	1,438	1,063	1,340	854.57
EBIT Margin	15.31%	13.39%	11.41%	9.73%	15.69%	12.90%
Effective Tax Rate	14.60%	14.78%	13.32%	11.05%	12.77%	13.54%
Revenue as Reported	13,404	10,930	12,610	10,920	8,544	6,625
Advertising Expenses	-	259.76	234.82	173.59	158.06	145.53

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