Guangdong Xinbao Electrical Appliances Holdings Co., Ltd (SHE: 002705)

Guangdong Xinbao Electrical Appliances Holdings 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	16,263	14,328	13,459	14,620	12,932	8,916
Other Revenue	318.82	318.82	237.68	292.72	259.31	208.25
Revenue	16,582	14,647	13,696	14,912	13,191	9,125
Revenue Growth (YoY)	20.74%	6.94%	-8.15%	13.05%	44.57%	8.06%
Cost of Revenue	12,953	11,315	10,801	12,293	10,137	6,977
Gross Profit	3,629	3,331	2,895	2,619	3,054	2,147
Selling, General & Admin	1,552	1,440	1,264	1,219	1,135	1,007
Research & Development	591.57	554.69	479.46	442.04	393.77	334.33
Other Operating Expenses	160.35	97.11	99.4	79.16	82.65	20.04
Operating Expenses	2,316	2,086	1,860	1,737	1,635	1,362
Operating Income	1,313	1,245	1,035	881.82	1,419	785.08
Interest Expense	-97.67	-88.29	-54.51	-19.02	-15.71	-11.38
Interest & Investment Income	69.62	108.91	78.04	210.41	68.85	18.87
Currency Exchange Gain (Loss)	85.54	85.54	245	-63.59	-235.27	18.41
Other Non Operating Income (Expenses)	-75.63	-20.96	-13.19	-18.82	-21.43	-13.62
EBT Excluding Unusual Items	1,295	1,331	1,290	990.79	1,215	797.36
Gain (Loss) on Sale of Investments	-8.9	-78.82	-69.63	-82.48	123.26	0.06
Gain (Loss) on Sale of Assets	-0.74	10.63	1.5	8.76	0.03	-1.37
Asset Writedown	-8.01	-6.6	-23.21	-4.87	-15.06	-0.79
Other Unusual Items	80.61	51.41	58.03	74.16	50.55	-
Pretax Income	1,358	1,307	1,257	986.36	1,374	795.25
Income Tax Expense	259.97	260.67	226.65	160.98	218.56	106.76
Earnings From Continuing Operations	1,098	1,047	1,030	825.38	1,156	688.49
Minority Interest in Earnings	-71.44	-69.48	-68.52	-32.92	-37.19	-1.15
Net Income	1,026	977.14	961.39	792.45	1,118	687.34
Net Income to Common	1,026	977.14	961.39	792.45	1,118	687.34
Net Income Growth	20.22%	1.64%	21.32%	-29.15%	62.73%	36.73%
Shares Outstanding (Basic)	819	823	819	824	801	802
Shares Outstanding (Diluted)	819	823	819	824	801	802
Shares Change (YoY)	-0.54%	0.52%	-0.71%	2.86%	-0.01%	-1.33%
EPS (Basic)	1.25	1.19	1.17	0.96	1.40	0.86
EPS (Diluted)	1.25	1.19	1.17	0.96	1.40	0.86
EPS Growth	20.87%	1.12%	22.18%	-31.12%	62.75%	38.58%
Free Cash Flow	540.08	-75.71	385.23	-231.95	1,585	825.84
Free Cash Flow Per Share	0.66	-0.09	0.47	-0.28	1.98	1.03
Dividend Per Share	0.400	0.400	0.400	0.200	0.600	0.400
Dividend Growth	0%	0%	100.00%	-66.67%	50.00%	14.29%
Gross Margin	21.88%	22.75%	21.14%	17.56%	23.15%	23.53%
Operating Margin	7.92%	8.50%	7.55%	5.91%	10.76%	8.60%
Profit Margin	6.19%	6.67%	7.02%	5.31%	8.48%	7.53%
Free Cash Flow Margin	3.26%	-0.52%	2.81%	-1.56%	12.01%	9.05%
EBITDA	1,946	1,803	1,491	1,280	1,774	1,120
EBITDA Margin	11.74%	12.31%	10.89%	8.59%	13.45%	12.27%
D&A For EBITDA	633.26	557.49	456.46	398.6	354.67	334.43
EBIT	1,313	1,245	1,035	881.82	1,419	785.08
EBIT Margin	7.92%	8.50%	7.55%	5.91%	10.76%	8.60%
Effective Tax Rate	19.15%	19.94%	18.04%	16.32%	15.90%	13.43%
Revenue as Reported	16,582	14,647	13,696	14,912	13,191	9,125
Advertising Expenses	-	209.31	145.95	140.8	118.06	53.76

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