Zhejiang Semir Garment Co., Ltd. (SHE: 002563)

Zhejiang Semir Garment 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	14,044	13,544	13,215	15,300	15,089	19,208
Other Revenue	116.64	116.64	116.41	120.23	116.31	129.04
Revenue	14,161	13,661	13,331	15,420	15,205	19,337
Revenue Growth (YoY)	6.58%	2.47%	-13.54%	1.41%	-21.37%	23.01%
Cost of Revenue	8,222	8,002	8,328	9,159	9,515	11,732
Gross Profit	5,939	5,658	5,004	6,261	5,690	7,605
Selling, General & Admin	4,132	3,924	3,852	4,002	4,173	5,085
Research & Development	316.75	280.84	295.37	317.09	291.71	413.65
Other Operating Expenses	132.75	85.33	-3.01	121.99	135.64	127.48
Operating Expenses	4,603	4,284	4,252	4,554	4,619	5,630
Operating Income	1,336	1,374	751.77	1,706	1,071	1,975
Interest Expense	-27.45	-15.22	-22.31	-20.62	-10.43	-18.63
Interest & Investment Income	247.6	213.22	151.65	276.55	187.63	213.57
Currency Exchange Gain (Loss)	-1.75	-1.75	6.25	1.57	23.61	-6.95
Other Non Operating Income (Expenses)	-23.66	-30.47	-82.71	-98.66	-129.98	-27.96
EBT Excluding Unusual Items	1,531	1,540	804.65	1,865	1,142	2,135
Gain (Loss) on Sale of Investments	-1.42	30.14	99.36	15.32	-19.59	10.84
Gain (Loss) on Sale of Assets	1.64	8.06	0.48	-42.25	-2.99	-19.74
Asset Writedown	-148.1	-126.01	-40.88	-27.97	-85.92	-10.47
Other Unusual Items	51.27	35.74	-	111.92	54.45	13.31
Pretax Income	1,434	1,488	863.61	1,922	1,088	2,129
Income Tax Expense	392.87	368.11	253.9	437.63	293.59	595.36
Earnings From Continuing Operations	1,041	1,120	609.72	1,485	794.39	1,534
Minority Interest in Earnings	3.26	1.94	27.28	1.89	11.29	15.5
Net Income	1,045	1,122	637	1,486	805.68	1,549
Net Income to Common	1,045	1,122	637	1,486	805.68	1,549
Net Income Growth	-12.78%	76.06%	-57.15%	84.50%	-48.00%	-8.52%
Shares Outstanding (Basic)	2,680	2,670	2,654	2,703	2,686	2,671
Shares Outstanding (Diluted)	2,680	2,670	2,654	2,703	2,686	2,671
Shares Change (YoY)	1.85%	0.61%	-1.79%	0.64%	0.53%	-0.63%
EPS (Basic)	0.39	0.42	0.24	0.55	0.30	0.58
EPS (Diluted)	0.39	0.42	0.24	0.55	0.30	0.58
EPS Growth	-14.36%	75.00%	-56.36%	83.33%	-48.28%	-7.94%
Free Cash Flow	415.01	1,680	1,064	1,876	4,323	1,332
Free Cash Flow Per Share	0.15	0.63	0.40	0.69	1.61	0.50
Dividend Per Share	0.300	0.300	0.200	0.750	0.250	0.450
Dividend Growth	50.00%	50.00%	-73.33%	200.00%	-44.44%	28.57%
Gross Margin	41.94%	41.42%	37.53%	40.60%	37.42%	39.33%
Operating Margin	9.43%	10.06%	5.64%	11.07%	7.05%	10.22%
Profit Margin	7.38%	8.21%	4.78%	9.64%	5.30%	8.01%
Free Cash Flow Margin	2.93%	12.30%	7.98%	12.17%	28.43%	6.89%
EBITDA	1,486	1,549	961.44	1,920	1,336	2,238
EBITDA Margin	10.49%	11.34%	7.21%	12.45%	8.79%	11.57%
D&A For EBITDA	149.76	175.43	209.67	213.46	264.73	262.62
EBIT	1,336	1,374	751.77	1,706	1,071	1,975
EBIT Margin	9.43%	10.06%	5.64%	11.07%	7.04%	10.22%
Effective Tax Rate	27.39%	24.74%	29.40%	22.77%	26.99%	27.96%
Revenue as Reported	14,161	13,661	13,331	15,420	15,205	19,337
Advertising Expenses	-	652.28	665.58	800.02	419.55	498.24

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