Tsann Kuen (China) Enterprise Co., Ltd. (SHE:200512)

SHE:200512 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,648	1,417	1,500	2,267	2,067
Other Revenue	52.95	78.72	84.11	79.81	77.6
Revenue	1,701	1,496	1,584	2,347	2,144
Revenue Growth (YoY)	13.74%	-5.59%	-32.51%	9.47%	7.11%
Cost of Revenue	1,455	1,233	1,325	2,028	1,767
Gross Profit	246.42	262.93	259.33	318.89	377.36
Selling, General & Admin	100	96.97	90.25	90.11	134.89
Research & Development	63.05	59.34	58.65	62.24	59.71
Other Operating Expenses	9.58	8.38	8.2	10.08	12.05
Operating Expenses	171.33	166.59	155.14	161.06	207.18
Operating Income	75.09	96.34	104.19	157.83	170.18
Interest Expense	-21.7	-26.13	-28.21	-26.06	-0.43
Interest & Investment Income	46.83	39.5	32.84	73.38	58.15
Currency Exchange Gain (Loss)	11.92	1.66	21.83	-13.02	-40.64
Other Non Operating Income (Expenses)	-0.81	-0.93	-1.02	-1.52	-0.74
EBT Excluding Unusual Items	111.32	110.45	129.64	190.62	186.52
Gain (Loss) on Sale of Investments	-2.07	-1.48	-1.23	-15.1	17.84
Gain (Loss) on Sale of Assets	0.76	12.2	0.74	2.1	0.2
Asset Writedown	-2.36	-0.83	-1.12	-2.97	-5.67
Other Unusual Items	2.88	9.24	11.06	9.66	11.83
Pretax Income	110.53	129.57	139.09	184.31	210.72
Income Tax Expense	14.44	12.77	13.45	20.88	24.74
Earnings From Continuing Operations	96.09	116.8	125.65	163.43	185.97
Minority Interest in Earnings	-23.31	-28.87	-31.37	-41.18	-46.45
Net Income	72.78	87.94	94.28	122.25	139.52
Net Income to Common	72.78	87.94	94.28	122.25	139.52
Net Income Growth	-17.23%	-6.73%	-22.88%	-12.38%	32.58%
Shares Outstanding (Basic)	185	185	185	185	186
Shares Outstanding (Diluted)	185	185	185	185	186
Shares Change (YoY)	-	0.28%	-0.19%	-0.43%	0.76%
EPS (Basic)	0.39	0.47	0.51	0.66	0.75
EPS (Diluted)	0.39	0.47	0.51	0.66	0.75
EPS Growth	-17.02%	-7.84%	-22.73%	-12.00%	31.58%
Free Cash Flow	92.72	77.8	124.54	98.15	270.21
Free Cash Flow Per Share	0.50	0.42	0.67	0.53	1.45
Dividend Per Share	0.180	0.250	0.300	0.100	0.150
Dividend Growth	-28.00%	-16.67%	200.00%	-33.33%	50.00%
Gross Margin	14.49%	17.58%	16.37%	13.59%	17.60%
Operating Margin	4.41%	6.44%	6.58%	6.72%	7.94%
Profit Margin	4.28%	5.88%	5.95%	5.21%	6.51%
Free Cash Flow Margin	5.45%	5.20%	7.86%	4.18%	12.60%
EBITDA	109.77	137.31	148.65	208.59	222.21
EBITDA Margin	6.45%	9.18%	9.38%	8.89%	10.36%
D&A For EBITDA	34.69	40.97	44.46	50.75	52.03
EBIT	75.09	96.34	104.19	157.83	170.18
EBIT Margin	4.41%	6.44%	6.58%	6.72%	7.94%
Effective Tax Rate	13.06%	9.86%	9.67%	11.33%	11.74%
Revenue as Reported	1,701	1,496	1,584	2,347	2,144
Advertising Expenses	2.88	3.33	1.45	0.19	1.11

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.