Chongqing Baiya Sanitary Products Co., Ltd. (SHE: 003006)

Chongqing Baiya Sanitary Products 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
Revenue	2,993	2,144	1,612	1,463	1,251	1,149
Revenue Growth (YoY)	52.79%	33.00%	10.19%	16.97%	8.82%	19.59%
Cost of Revenue	1,366	1,070	888.24	811.4	719.3	625.38
Gross Profit	1,627	1,074	723.9	651.66	531.46	524.03
Selling, General & Admin	1,227	741.1	456.89	353.69	281.79	351.35
Research & Development	63.52	54.11	43.51	50.96	29.86	18.1
Other Operating Expenses	19.45	18.68	14.91	13.63	12.38	11.9
Operating Expenses	1,316	827.66	519.8	419.51	325.04	382.95
Operating Income	310.45	246.43	204.1	232.14	206.42	141.08
Interest Expense	-0.74	-0.13	-	-	-	-
Interest & Investment Income	8.23	14.25	10.71	15.9	3.78	1.4
Currency Exchange Gain (Loss)	-0.81	-0.81	0.68	0.04	-0.48	0.09
Other Non Operating Income (Expenses)	0.67	-0.24	-0.34	-0.31	-0.18	-0.12
EBT Excluding Unusual Items	317.81	259.51	215.14	247.77	209.54	142.45
Gain (Loss) on Sale of Investments	10.74	4.54	-2.44	-0.58	2.28	-
Gain (Loss) on Sale of Assets	0.48	-	-0.22	-0.9	-3.23	0.17
Asset Writedown	-6.18	-6.1	-4.87	-	-	-
Other Unusual Items	23.06	21.61	4.72	8.85	3.66	5.84
Pretax Income	345.91	279.55	212.33	255.14	212.25	148.45
Income Tax Expense	51.53	41.02	25.46	31.06	30.17	20.49
Earnings From Continuing Operations	294.38	238.53	186.87	224.09	182.07	127.96
Minority Interest in Earnings	-	-0.28	0.42	3.84	0.43	0.19
Net Income	294.38	238.25	187.29	227.92	182.51	128.15
Net Income to Common	294.38	238.25	187.29	227.92	182.51	128.15
Net Income Growth	20.87%	27.21%	-17.83%	24.89%	42.41%	43.43%
Shares Outstanding (Basic)	419	425	426	430	397	388
Shares Outstanding (Diluted)	419	425	426	430	397	388
Shares Change (YoY)	-1.40%	-0.05%	-1.02%	8.39%	2.17%	0.87%
EPS (Basic)	0.70	0.56	0.44	0.53	0.46	0.33
EPS (Diluted)	0.70	0.56	0.44	0.53	0.46	0.33
EPS Growth	22.59%	27.27%	-16.98%	15.22%	39.39%	43.48%
Free Cash Flow	178.33	247.76	205.27	76.16	154.04	107.15
Free Cash Flow Per Share	0.43	0.58	0.48	0.18	0.39	0.28
Dividend Per Share	0.550	0.550	0.300	0.300	0.300	-
Dividend Growth	83.33%	83.33%	0%	0%	-	-
Gross Margin	54.35%	50.09%	44.90%	44.54%	42.49%	45.59%
Operating Margin	10.37%	11.49%	12.66%	15.87%	16.50%	12.27%
Profit Margin	9.84%	11.11%	11.62%	15.58%	14.59%	11.15%
Free Cash Flow Margin	5.96%	11.56%	12.73%	5.21%	12.32%	9.32%
EBITDA	374.32	301.34	254.07	274.34	241.79	171.4
EBITDA Margin	12.51%	14.05%	15.76%	18.75%	19.33%	14.91%
D&A For EBITDA	63.86	54.9	49.97	42.19	35.37	30.32
EBIT	310.45	246.43	204.1	232.14	206.42	141.08
EBIT Margin	10.37%	11.49%	12.66%	15.87%	16.50%	12.27%
Effective Tax Rate	14.90%	14.67%	11.99%	12.17%	14.21%	13.80%
Revenue as Reported	2,993	2,144	1,612	1,463	1,251	1,149
Advertising Expenses	-	-	-	-	76.14	130.61

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