Dayu Irrigation Group Co.,Ltd (SHE:300021)

SHE:300021 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	3,471	3,431	3,388	3,501	2,007	2,149
Other Revenue	21.57	21.57	12.83	13.94	11.19	16.65
Revenue	3,493	3,453	3,401	3,515	2,018	2,166
Revenue Growth (YoY)	9.82%	1.52%	-3.25%	74.21%	-6.84%	21.70%
Cost of Revenue	2,668	2,612	2,562	2,702	1,486	1,595
Gross Profit	824.51	840.52	838.77	813.24	531.93	570.92
Selling, General & Admin	448.69	417.73	427.59	382.69	262.05	252.46
Research & Development	123.85	113.35	100.71	81.13	28.7	24.63
Other Operating Expenses	35.23	20.47	19.29	17.33	13.85	11.59
Operating Expenses	702.91	646.78	618.93	532.89	325.72	314.97
Operating Income	121.6	193.74	219.84	280.35	206.21	255.94
Interest Expense	-134	-111.33	-92.79	-92.32	-70.77	-54.59
Interest & Investment Income	38.54	26.22	46.78	26.65	17	6.02
Currency Exchange Gain (Loss)	-0.41	-0.41	-0.28	-0.49	-0.77	3.8
Other Non Operating Income (Expenses)	-34.19	-31.43	-13.39	-20.34	-20.33	-15.14
EBT Excluding Unusual Items	-8.46	76.79	160.17	193.84	131.33	196.04
Impairment of Goodwill	-	-	-1.07	-	-	-
Gain (Loss) on Sale of Investments	0.55	-0.02	1.79	-0.07	-	-
Gain (Loss) on Sale of Assets	33.83	-0.52	0.02	0.79	0.03	-0.1
Asset Writedown	-5.7	-5.99	-17.9	-4.05	-0.02	-15.56
Legal Settlements	-13.34	-13.34	-16.01	-14.18	-	-
Other Unusual Items	39.13	17.68	8.3	16.21	22.85	18.96
Pretax Income	46.01	74.59	135.3	192.54	154.19	199.33
Income Tax Expense	4.76	7.45	26.82	45.76	34.96	65.65
Earnings From Continuing Operations	41.25	67.15	108.48	146.78	119.23	133.68
Net Income to Company	41.25	67.15	108.48	146.78	119.23	133.68
Minority Interest in Earnings	2.48	-17.01	-10.77	-11.48	-20.46	-4.26
Net Income	43.73	50.14	97.7	135.3	98.77	129.43
Net Income to Common	43.73	50.14	97.7	135.3	98.77	129.43
Net Income Growth	-50.32%	-48.69%	-27.79%	36.98%	-23.69%	29.17%
Shares Outstanding (Basic)	859	850	850	793	823	809
Shares Outstanding (Diluted)	859	850	850	793	823	809
Shares Change (YoY)	-0.36%	-0.07%	7.28%	-3.70%	1.75%	4.95%
EPS (Basic)	0.05	0.06	0.11	0.17	0.12	0.16
EPS (Diluted)	0.05	0.06	0.11	0.17	0.12	0.16
EPS Growth	-50.14%	-48.65%	-32.69%	42.25%	-25.00%	23.08%
Free Cash Flow	266.96	-365.29	83.63	8.65	-445.1	-343.55
Free Cash Flow Per Share	0.31	-0.43	0.10	0.01	-0.54	-0.42
Dividend Per Share	0.030	0.030	0.100	0.120	0.100	0.100
Dividend Growth	-70.00%	-70.00%	-16.67%	20.00%	-	-
Gross Margin	23.61%	24.34%	24.66%	23.14%	26.36%	26.36%
Operating Margin	3.48%	5.61%	6.46%	7.98%	10.22%	11.82%
Profit Margin	1.25%	1.45%	2.87%	3.85%	4.90%	5.98%
Free Cash Flow Margin	7.64%	-10.58%	2.46%	0.25%	-22.06%	-15.86%
EBITDA	163.65	236.58	263.71	323.69	238.08	287.78
EBITDA Margin	4.69%	6.85%	7.75%	9.21%	11.80%	13.29%
D&A For EBITDA	42.06	42.83	43.87	43.34	31.87	31.83
EBIT	121.6	193.74	219.84	280.35	206.21	255.94
EBIT Margin	3.48%	5.61%	6.46%	7.98%	10.22%	11.82%
Effective Tax Rate	10.35%	9.98%	19.82%	23.77%	22.67%	32.93%
Revenue as Reported	3,493	3,453	3,401	3,515	2,018	2,166
Advertising Expenses	-	3.98	1.87	2.02	1.58	2.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.