Qingdao Sentury Tire Co., Ltd. (SHE: 002984)

Qingdao Sentury Tire 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	8,429	7,831	6,285	5,171	4,703	4,579
Other Revenue	10.67	10.67	7.47	6.16	2.78	-
Revenue	8,440	7,842	6,292	5,177	4,705	4,579
Revenue Growth (YoY)	15.86%	24.63%	21.53%	10.03%	2.76%	9.65%
Cost of Revenue	5,634	5,884	5,033	3,976	3,134	3,106
Gross Profit	2,806	1,958	1,259	1,201	1,571	1,473
Selling, General & Admin	373.07	356.29	317.61	277.96	290.05	374.21
Research & Development	196.9	165.38	112.87	108.79	89.06	65.04
Other Operating Expenses	26.83	24.18	13.24	14.09	17.85	-0.86
Operating Expenses	583.65	541.46	446.3	367.51	402.12	438.39
Operating Income	2,223	1,417	812.69	833.88	1,169	1,035
Interest Expense	-91.1	-88.42	-85.36	-34	-71.92	-
Interest & Investment Income	224.05	181.5	32.83	4.69	5.84	-
Currency Exchange Gain (Loss)	12.22	12.22	192.72	-49.64	-26.63	-
Other Non Operating Income (Expenses)	-74.3	-7.81	9.16	30.34	-9.79	-239.9
EBT Excluding Unusual Items	2,294	1,514	962.04	785.27	1,066	794.68
Gain (Loss) on Sale of Investments	-11.76	-54.3	-105.78	-30.04	-33.65	-5.68
Gain (Loss) on Sale of Assets	-4.31	0.65	0.75	0.17	0.39	2.21
Asset Writedown	4.09	-	-4.16	-	-0.18	-29.07
Legal Settlements	-0.32	-0.32	-12.82	-0.23	-41.8	-
Other Unusual Items	11.82	10.15	11.36	18.82	18.28	-
Pretax Income	2,293	1,471	852.48	775.37	1,009	762.14
Income Tax Expense	192.45	102.09	51.63	22.01	28.83	21.42
Earnings From Continuing Operations	2,101	1,369	800.86	753.36	980.55	740.73
Minority Interest in Earnings	-0	-0	-0	-0	-0	-0
Net Income	2,101	1,369	800.86	753.36	980.55	740.73
Net Income to Common	2,101	1,369	800.86	753.36	980.55	740.73
Net Income Growth	85.55%	70.88%	6.30%	-23.17%	32.38%	51.63%
Shares Outstanding (Basic)	870	953	912	909	837	810
Shares Outstanding (Diluted)	936	1,003	934	917	837	810
Shares Change (YoY)	-5.24%	7.35%	1.88%	9.57%	3.32%	-0.50%
EPS (Basic)	2.41	1.44	0.88	0.83	1.17	0.91
EPS (Diluted)	2.25	1.36	0.86	0.82	1.17	0.91
EPS Growth	95.81%	59.18%	4.35%	-29.88%	28.12%	52.38%
Free Cash Flow	-169.64	1,225	-23.9	-635.83	745.8	1,111
Free Cash Flow Per Share	-0.18	1.22	-0.03	-0.69	0.89	1.37
Dividend Per Share	0.503	0.293	-	0.121	0.119	-
Dividend Growth	-	-	-	2.36%	-	-
Gross Margin	33.25%	24.97%	20.01%	23.20%	33.39%	32.17%
Operating Margin	26.34%	18.07%	12.92%	16.11%	24.84%	22.59%
Profit Margin	24.89%	17.45%	12.73%	14.55%	20.84%	16.18%
Free Cash Flow Margin	-2.01%	15.62%	-0.38%	-12.28%	15.85%	24.26%
EBITDA	2,745	1,886	1,212	1,180	1,562	1,427
EBITDA Margin	32.52%	24.05%	19.26%	22.80%	33.20%	31.17%
D&A For EBITDA	521.97	469.4	399.3	346.58	393.23	392.86
EBIT	2,223	1,417	812.69	833.88	1,169	1,035
EBIT Margin	26.34%	18.07%	12.92%	16.11%	24.84%	22.59%
Effective Tax Rate	8.39%	6.94%	6.06%	2.84%	2.86%	2.81%
Revenue as Reported	8,440	7,842	6,292	5,177	4,705	-
Advertising Expenses	-	55.52	33.18	45.35	37.27	-

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