Centre Testing International Group Co. Ltd. (SHE: 300012)

Centre Testing International Group 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	Jan 1, 2020
Operating Revenue	5,907	5,592	5,121	4,319	3,560	3,175
Other Revenue	12.54	12.54	10.15	9.78	7.93	8.72
Revenue	5,919	5,605	5,131	4,329	3,568	3,183
Revenue Growth (YoY)	5.75%	9.24%	18.52%	21.34%	12.08%	18.74%
Cost of Revenue	3,045	2,911	2,596	2,128	1,785	1,610
Gross Profit	2,874	2,694	2,534	2,201	1,783	1,573
Selling, General & Admin	1,367	1,304	1,161	1,045	902.9	827.4
Research & Development	526.06	472.62	434.96	375.97	308.23	300.59
Other Operating Expenses	99.68	33.4	25.37	22.52	18.26	-47.89
Operating Expenses	2,067	1,868	1,675	1,481	1,245	1,113
Operating Income	806.67	825.85	858.82	719.16	537.72	460.19
Interest Expense	-16.59	-17.5	-14.83	-13.62	-7.01	-9.19
Interest & Investment Income	91.51	92.59	65.11	47.12	33.14	87.54
Currency Exchange Gain (Loss)	0.25	0.25	7.21	-4.86	-6.4	-0.46
Other Non Operating Income (Expenses)	-23.6	-3.44	-2.54	-2.76	-1.6	14.74
EBT Excluding Unusual Items	858.25	897.75	913.78	745.04	555.86	552.82
Impairment of Goodwill	-	-	-	-	-	-13.52
Gain (Loss) on Sale of Investments	17.37	14.99	10.65	19.61	9.37	-0.91
Gain (Loss) on Sale of Assets	4.98	2.02	1.46	0.41	0.48	-0.42
Asset Writedown	-18.37	-4.37	-1.89	-1.5	-2.66	-2.6
Other Unusual Items	140.86	100.92	100.05	85.99	88.23	0.88
Pretax Income	1,003	1,011	1,024	849.54	651.27	536.25
Income Tax Expense	81.98	84.11	99.45	86.32	62.17	52.27
Earnings From Continuing Operations	921.11	927.2	924.6	763.23	589.1	483.97
Minority Interest in Earnings	-5.06	-16.99	-21.86	-17.04	-11.49	-7.58
Net Income	916.05	910.2	902.73	746.19	577.61	476.4
Net Income to Common	916.05	910.2	902.73	746.19	577.61	476.4
Net Income Growth	-6.55%	0.83%	20.98%	29.19%	21.25%	76.45%
Shares Outstanding (Basic)	1,657	1,663	1,671	1,671	1,664	1,643
Shares Outstanding (Diluted)	1,657	1,663	1,671	1,678	1,675	1,643
Shares Change (YoY)	-0.89%	-0.48%	-0.45%	0.22%	1.95%	-0.88%
EPS (Basic)	0.55	0.55	0.54	0.45	0.35	0.29
EPS (Diluted)	0.55	0.55	0.54	0.44	0.34	0.29
EPS Growth	-5.71%	1.31%	21.52%	28.91%	18.93%	78.02%
Free Cash Flow	342.41	468.92	458.07	511.74	385.37	349.4
Free Cash Flow Per Share	0.21	0.28	0.27	0.30	0.23	0.21
Dividend Per Share	0.100	0.100	0.060	0.060	0.035	0.035
Dividend Growth	66.67%	66.67%	0%	71.43%	0%	0%
Gross Margin	48.55%	48.06%	49.39%	50.83%	49.96%	49.41%
Operating Margin	13.63%	14.74%	16.74%	16.61%	15.07%	14.46%
Profit Margin	15.48%	16.24%	17.59%	17.24%	16.19%	14.97%
Free Cash Flow Margin	5.78%	8.37%	8.93%	11.82%	10.80%	10.98%
EBITDA	1,148	1,151	1,163	1,009	802.61	706.69
EBITDA Margin	19.40%	20.54%	22.66%	23.31%	22.50%	22.20%
D&A For EBITDA	341.65	325.45	303.85	289.87	264.89	246.49
EBIT	806.67	825.85	858.82	719.16	537.72	460.19
EBIT Margin	13.63%	14.74%	16.74%	16.61%	15.07%	14.46%
Effective Tax Rate	8.17%	8.32%	9.71%	10.16%	9.55%	9.75%
Revenue as Reported	5,919	5,605	5,131	4,329	3,568	-

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