Chow Tai Seng Jewellery Co., Ltd. (SHE: 002867)

Chow Tai Seng Jewellery 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	14,503	16,188	11,002	9,028	4,973	5,305
Other Revenue	101.97	101.97	115.65	126.97	111.02	133.94
Revenue	14,605	16,290	11,118	9,155	5,084	5,439
Revenue Growth (YoY)	-0.48%	46.52%	21.44%	80.07%	-6.53%	11.69%
Cost of Revenue	11,709	13,342	8,809	6,713	3,008	3,494
Gross Profit	2,895	2,948	2,309	2,442	2,076	1,945
Selling, General & Admin	1,263	1,050	841.45	793.69	768.16	710.07
Research & Development	12.9	12.37	12.44	13.72	11.33	11.23
Other Operating Expenses	175.08	145.14	104.13	68.34	51.19	1.32
Operating Expenses	1,413	1,208	958.44	929.31	831.53	720.73
Operating Income	1,482	1,740	1,351	1,512	1,245	1,224
Interest Expense	-38.41	-27.41	-13.09	-6.31	-6.95	-13.04
Interest & Investment Income	15.02	26.02	45.54	44.78	27.2	14.71
Currency Exchange Gain (Loss)	-0.44	-0.44	-0.57	1.41	4.71	-3.76
Other Non Operating Income (Expenses)	-16.16	-2.37	-4	-1.87	-0.81	-4.47
EBT Excluding Unusual Items	1,442	1,735	1,379	1,550	1,269	1,218
Gain (Loss) on Sale of Investments	-124.47	-78.77	-27.85	-1.43	11.35	18.61
Gain (Loss) on Sale of Assets	0.73	1.03	0.99	0.89	1.65	0.02
Asset Writedown	6.15	-0.09	-0.08	-0.41	-0.07	-0.09
Other Unusual Items	70.87	50.71	68.27	41.02	42.01	55.91
Pretax Income	1,396	1,708	1,420	1,591	1,324	1,292
Income Tax Expense	322.43	395.57	333.06	368.56	310.48	300.75
Earnings From Continuing Operations	1,073	1,313	1,087	1,222	1,013	991.33
Minority Interest in Earnings	2.6	3.28	3.42	2.63	-0.09	0.09
Net Income	1,076	1,316	1,091	1,225	1,013	991.42
Net Income to Common	1,076	1,316	1,091	1,225	1,013	991.42
Net Income Growth	-14.30%	20.67%	-10.94%	20.85%	2.21%	22.99%
Shares Outstanding (Basic)	1,086	1,088	1,080	1,093	1,090	1,086
Shares Outstanding (Diluted)	1,086	1,088	1,080	1,093	1,090	1,086
Shares Change (YoY)	0.41%	0.73%	-1.24%	0.35%	0.37%	0.55%
EPS (Basic)	0.99	1.21	1.01	1.12	0.93	0.91
EPS (Diluted)	0.99	1.21	1.01	1.12	0.93	0.91
EPS Growth	-14.65%	19.80%	-9.82%	20.43%	1.83%	22.31%
Free Cash Flow	1,342	-76.08	895.2	42.52	1,225	616.79
Free Cash Flow Per Share	1.24	-0.07	0.83	0.04	1.12	0.57
Dividend Per Share	0.950	0.950	0.600	0.800	0.400	0.300
Dividend Growth	5.56%	58.33%	-25.00%	100.00%	33.33%	3.84%
Gross Margin	19.82%	18.09%	20.77%	26.67%	40.84%	35.76%
Operating Margin	10.15%	10.68%	12.15%	16.52%	24.48%	22.51%
Profit Margin	7.37%	8.08%	9.81%	13.38%	19.93%	18.23%
Free Cash Flow Margin	9.19%	-0.47%	8.05%	0.46%	24.09%	11.34%
EBITDA	1,510	1,762	1,365	1,526	1,258	1,245
EBITDA Margin	10.34%	10.81%	12.28%	16.66%	24.74%	22.88%
D&A For EBITDA	27.85	22.03	14.28	13.06	13.17	20.42
EBIT	1,482	1,740	1,351	1,512	1,245	1,224
EBIT Margin	10.15%	10.68%	12.15%	16.52%	24.48%	22.51%
Effective Tax Rate	23.10%	23.16%	23.45%	23.17%	23.45%	23.28%
Revenue as Reported	14,605	16,290	11,118	9,155	5,084	5,439
Advertising Expenses	-	73.43	68.56	45.99	59.31	72.2

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