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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	9,757	13,794	16,188	11,002	9,028	4,973
Other Revenue	97.55	97.55	101.97	115.65	126.97	111.02
Revenue	9,855	13,891	16,290	11,118	9,155	5,084
Revenue Growth (YoY)	-32.52%	-14.72%	46.52%	21.44%	80.07%	-6.53%
Cost of Revenue	7,182	11,008	13,342	8,809	6,713	3,008
Gross Profit	2,673	2,884	2,948	2,309	2,442	2,076
Selling, General & Admin	1,197	1,278	1,050	841.45	793.69	768.16
Research & Development	13.68	14.33	12.37	12.44	13.72	11.33
Other Operating Expenses	166.64	172.6	145.14	104.13	68.34	51.19
Operating Expenses	1,360	1,453	1,208	958.44	929.31	831.53
Operating Income	1,313	1,430	1,740	1,351	1,512	1,245
Interest Expense	-17.89	-35.68	-27.41	-13.09	-6.31	-6.95
Interest & Investment Income	63.96	15.85	26.02	45.54	44.78	27.2
Currency Exchange Gain (Loss)	0.29	0.29	-0.44	-0.57	1.41	4.71
Other Non Operating Income (Expenses)	-27.64	-22.87	-2.37	-4	-1.87	-0.81
EBT Excluding Unusual Items	1,332	1,388	1,735	1,379	1,550	1,269
Gain (Loss) on Sale of Investments	-82.95	-105.16	-78.77	-27.85	-1.43	11.35
Gain (Loss) on Sale of Assets	1.46	1.17	1.03	0.99	0.89	1.65
Asset Writedown	-19.32	-12.3	-0.09	-0.08	-0.41	-0.07
Other Unusual Items	34.09	19.72	50.71	68.27	41.02	42.01
Pretax Income	1,265	1,291	1,708	1,420	1,591	1,324
Income Tax Expense	235.91	289.58	395.57	333.06	368.56	310.48
Earnings From Continuing Operations	1,029	1,002	1,313	1,087	1,222	1,013
Minority Interest in Earnings	7.96	8.25	3.28	3.42	2.63	-0.09
Net Income	1,037	1,010	1,316	1,091	1,225	1,013
Net Income to Common	1,037	1,010	1,316	1,091	1,225	1,013
Net Income Growth	-3.61%	-23.25%	20.67%	-10.94%	20.85%	2.21%
Shares Outstanding (Basic)	1,091	1,086	1,088	1,080	1,093	1,090
Shares Outstanding (Diluted)	1,091	1,086	1,088	1,080	1,093	1,090
Shares Change (YoY)	0.45%	-0.14%	0.73%	-1.24%	0.35%	0.37%
EPS (Basic)	0.95	0.93	1.21	1.01	1.12	0.93
EPS (Diluted)	0.95	0.93	1.21	1.01	1.12	0.93
EPS Growth	-4.05%	-23.14%	19.80%	-9.82%	20.43%	1.83%
Free Cash Flow	992.71	1,661	-76.08	895.2	42.52	1,225
Free Cash Flow Per Share	0.91	1.53	-0.07	0.83	0.04	1.12
Dividend Per Share	0.900	0.950	0.950	0.600	0.800	0.400
Dividend Growth	-5.26%	-	58.33%	-25.00%	100.00%	33.33%
Gross Margin	27.13%	20.76%	18.09%	20.77%	26.67%	40.84%
Operating Margin	13.32%	10.30%	10.68%	12.15%	16.52%	24.48%
Profit Margin	10.52%	7.27%	8.08%	9.81%	13.38%	19.93%
Free Cash Flow Margin	10.07%	11.95%	-0.47%	8.05%	0.46%	24.09%
EBITDA	1,348	1,456	1,752	1,365	1,526	1,258
EBITDA Margin	13.68%	10.48%	10.76%	12.28%	16.66%	24.74%
D&A For EBITDA	35.3	25.58	12.62	14.28	13.06	13.17
EBIT	1,313	1,430	1,740	1,351	1,512	1,245
EBIT Margin	13.32%	10.30%	10.68%	12.15%	16.52%	24.48%
Effective Tax Rate	18.65%	22.42%	23.16%	23.45%	23.17%	23.45%
Revenue as Reported	9,855	13,891	16,290	11,118	9,155	5,084
Advertising Expenses	-	188.24	73.43	68.56	45.99	59.31

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.