Chengdu Rainbow Appliance (Group) Shares Co., Ltd. (SHE:003023)

SHE:003023 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,242	1,295	1,289	1,168	1,135	1,058
Other Revenue	6.12	6.12	4.97	9.15	9.56	7.06
Revenue	1,248	1,302	1,294	1,177	1,144	1,065
Revenue Growth (YoY)	-6.39%	0.59%	9.96%	2.85%	7.47%	5.88%
Cost of Revenue	708.7	742.8	740.54	661.8	643.21	592.59
Gross Profit	539.63	558.74	553.36	514.94	500.94	472.03
Selling, General & Admin	393.57	402.52	402.87	375.76	347.35	316.93
Research & Development	38.23	38.72	31.46	28.93	33.58	25.05
Other Operating Expenses	10.17	12.47	12.62	13.34	9.6	7.26
Operating Expenses	440.1	452.19	451.99	424.58	389.75	352.49
Operating Income	99.53	106.55	101.37	90.35	111.19	119.54
Interest Expense	-0.16	-0.17	-0.16	-0.49	-0.39	-0.42
Interest & Investment Income	18.17	19.32	18.94	17.68	15.44	5.7
Other Non Operating Income (Expenses)	-0.55	-0.34	-0.41	-1.71	-1.06	-0.72
EBT Excluding Unusual Items	116.99	125.36	119.74	105.84	125.19	124.1
Gain (Loss) on Sale of Investments	1.25	1.19	0.18	0.27	0.57	-
Gain (Loss) on Sale of Assets	0.22	0.05	-0.25	-0.03	-0.09	-0.17
Asset Writedown	-0.85	-1.19	-0.06	-0.12	-0.16	-
Other Unusual Items	4.05	4.05	2.5	4.08	6.73	14.25
Pretax Income	121.66	129.47	122.11	110.05	132.23	138.18
Income Tax Expense	15.49	16.92	15.97	14.66	17.17	20.2
Earnings From Continuing Operations	106.18	112.55	106.14	95.38	115.06	117.97
Minority Interest in Earnings	-2.78	-2.96	-2.18	-0.72	-4.2	-5.41
Net Income	103.4	109.59	103.96	94.67	110.87	112.57
Net Income to Common	103.4	109.59	103.96	94.67	110.87	112.57
Net Income Growth	-8.25%	5.41%	9.82%	-14.61%	-1.51%	33.66%
Shares Outstanding (Basic)	105	105	105	105	106	79
Shares Outstanding (Diluted)	105	105	105	105	106	79
Shares Change (YoY)	0.14%	-0.00%	0.15%	-0.38%	33.49%	0.42%
EPS (Basic)	0.98	1.04	0.99	0.90	1.05	1.42
EPS (Diluted)	0.98	1.04	0.99	0.90	1.05	1.42
EPS Growth	-8.38%	5.41%	9.66%	-14.29%	-26.22%	33.10%
Free Cash Flow	-30.14	31	258.42	50.41	14.3	161.7
Free Cash Flow Per Share	-0.29	0.29	2.45	0.48	0.14	2.04
Dividend Per Share	0.400	0.400	0.400	0.350	0.300	0.308
Dividend Growth	-	-	14.29%	16.67%	-2.50%	-
Gross Margin	43.23%	42.93%	42.77%	43.76%	43.78%	44.34%
Operating Margin	7.97%	8.19%	7.83%	7.68%	9.72%	11.23%
Profit Margin	8.28%	8.42%	8.04%	8.04%	9.69%	10.57%
Free Cash Flow Margin	-2.42%	2.38%	19.97%	4.28%	1.25%	15.19%
EBITDA	128.86	135.67	129.65	118.67	137.37	143.82
EBITDA Margin	10.32%	10.42%	10.02%	10.08%	12.01%	13.51%
D&A For EBITDA	29.33	29.12	28.28	28.32	26.18	24.28
EBIT	99.53	106.55	101.37	90.35	111.19	119.54
EBIT Margin	7.97%	8.19%	7.83%	7.68%	9.72%	11.23%
Effective Tax Rate	12.73%	13.07%	13.08%	13.33%	12.98%	14.62%
Revenue as Reported	1,248	1,302	1,294	1,177	1,144	1,065
Advertising Expenses	-	22.73	20.88	34.93	28.66	6.93

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.