Zhejiang Truelove Vogue Co., Ltd. (SHE:003041)

Zhejiang Truelove Vogue 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	870.71	947.54	970.6	925.53	884.38	992.03
Other Revenue	5.15	5.15	7.94	7.51	7.04	9.74
Revenue	875.86	952.68	978.54	933.04	891.42	1,002
Revenue Growth (YoY)	-11.73%	-2.64%	4.88%	4.67%	-11.02%	-2.21%
Cost of Revenue	706.54	746.19	774.3	726.75	651.21	790.56
Gross Profit	169.32	206.5	204.24	206.29	240.21	211.2
Selling, General & Admin	53.55	46.82	42.58	42.28	58.77	58.62
Research & Development	60.77	59.6	57.1	45.01	35.23	37.67
Other Operating Expenses	21.22	11.37	3.69	5.41	5.88	6.22
Operating Expenses	138.55	118.98	108.42	95.43	100.77	105.54
Operating Income	30.78	87.52	95.82	110.86	139.44	105.66
Interest Expense	-	-1.47	-0.36	-0.42	-0.29	-1.38
Interest & Investment Income	1.78	3.79	10.46	10.17	3.39	0.46
Currency Exchange Gain (Loss)	4.57	4.57	16.43	-6.37	-15.71	2.61
Other Non Operating Income (Expenses)	-2.48	-1.9	-1.39	-0.78	3.04	-1.42
EBT Excluding Unusual Items	34.65	92.49	120.96	113.46	129.88	105.93
Gain (Loss) on Sale of Investments	0.14	-7.11	8.96	-	-	-1.05
Gain (Loss) on Sale of Assets	1.94	-1.04	-1.22	-3.4	-1.97	-3.72
Asset Writedown	3.39	-0.25	-0.01	-0.09	-0.93	-0.93
Other Unusual Items	21.29	7.08	21.89	9.48	11.7	14.71
Pretax Income	61.4	91.17	150.57	119.44	138.68	114.95
Income Tax Expense	-17.63	-14.77	-4.45	11.89	16.99	13.29
Net Income	79.04	105.94	155.02	107.55	121.7	101.66
Net Income to Common	79.04	105.94	155.02	107.55	121.7	101.66
Net Income Growth	-46.72%	-31.66%	44.14%	-11.63%	19.71%	61.55%
Shares Outstanding (Basic)	143	143	144	135	108	108
Shares Outstanding (Diluted)	143	143	144	135	108	108
Shares Change (YoY)	-0.71%	-0.72%	7.08%	24.49%	0.50%	-0.22%
EPS (Basic)	0.55	0.74	1.07	0.80	1.13	0.94
EPS (Diluted)	0.55	0.74	1.07	0.80	1.13	0.94
EPS Growth	-46.34%	-31.16%	34.61%	-29.01%	19.12%	61.91%
Free Cash Flow	-85.67	-91.45	-514.15	-147.6	119.92	73.02
Free Cash Flow Per Share	-0.60	-0.64	-3.56	-1.10	1.11	0.68
Dividend Per Share	0.400	0.400	0.333	0.104	-	-
Dividend Growth	20.01%	20.01%	219.87%	-	-	-
Gross Margin	19.33%	21.68%	20.87%	22.11%	26.95%	21.08%
Operating Margin	3.51%	9.19%	9.79%	11.88%	15.64%	10.55%
Profit Margin	9.02%	11.12%	15.84%	11.53%	13.65%	10.15%
Free Cash Flow Margin	-9.78%	-9.60%	-52.54%	-15.82%	13.45%	7.29%
EBITDA	64.36	118.44	123.21	136.81	167.34	134
EBITDA Margin	7.35%	12.43%	12.59%	14.66%	18.77%	13.38%
D&A For EBITDA	33.58	30.93	27.39	25.96	27.9	28.34
EBIT	30.78	87.52	95.82	110.86	139.44	105.66
EBIT Margin	3.51%	9.19%	9.79%	11.88%	15.64%	10.55%
Effective Tax Rate	-	-	-	9.96%	12.25%	11.56%
Revenue as Reported	875.86	952.68	978.54	933.04	891.42	1,002
Advertising Expenses	-	1.05	1.87	0.51	0.3	0.31

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.