Electric Connector Technology Co., Ltd. (SHE:300679)

SHE:300679 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	4,205	3,077	2,928	3,180	2,569	2,139
Other Revenue	51.81	51.81	41.32	66.08	23.23	21.31
Revenue	4,257	3,129	2,970	3,246	2,592	2,161
Revenue Growth (YoY)	43.81%	5.37%	-8.51%	25.20%	19.98%	61.09%
Cost of Revenue	2,859	2,132	2,032	2,208	1,813	1,583
Gross Profit	1,398	997.55	937.1	1,038	779.57	578.1
Selling, General & Admin	441.78	387.19	378.71	344.02	238.63	209.67
Research & Development	373.18	289.93	258.88	279.7	269.04	200.18
Other Operating Expenses	23.77	6.26	24.42	7.34	16.68	14.26
Operating Expenses	854.31	693.74	664.32	639.59	531.93	440.48
Operating Income	544.18	303.81	272.78	398.24	247.63	137.62
Interest Expense	-10.99	-9.6	-21.51	-20.29	-0.68	-
Interest & Investment Income	76.9	96.91	102.42	43.43	54.36	67.68
Currency Exchange Gain (Loss)	3.15	3.15	20.59	-5.4	-12.13	2.29
Other Non Operating Income (Expenses)	-0.24	1.39	-5.65	-0.32	-0.34	-0.45
EBT Excluding Unusual Items	613	395.66	368.62	415.66	288.84	207.14
Impairment of Goodwill	-	-	-	-	-	-18.48
Gain (Loss) on Sale of Investments	1.57	2.03	0.14	0.24	-	-
Gain (Loss) on Sale of Assets	4.48	-0.39	149.29	-0.58	-0.29	-0.18
Asset Writedown	-4.22	-3.03	-0.41	-1.35	-3.27	-6.81
Other Unusual Items	13.12	0.72	13.44	3.19	21.06	12.31
Pretax Income	627.95	394.99	531.08	417.16	306.33	193.97
Income Tax Expense	43.01	26.46	63.11	37.85	32.3	14.52
Earnings From Continuing Operations	584.94	368.52	467.96	379.31	274.04	179.45
Minority Interest in Earnings	-17.6	-12.37	-24.78	-7.72	-5.3	1.33
Net Income	567.35	356.15	443.19	371.59	268.74	180.79
Net Income to Common	567.35	356.15	443.19	371.59	268.74	180.79
Net Income Growth	104.02%	-19.64%	19.27%	38.27%	48.65%	-24.63%
Shares Outstanding (Basic)	428	424	418	422	420	417
Shares Outstanding (Diluted)	428	424	418	422	420	417
Shares Change (YoY)	2.66%	1.41%	-0.98%	0.56%	0.64%	-1.43%
EPS (Basic)	1.33	0.84	1.06	0.88	0.64	0.43
EPS (Diluted)	1.33	0.84	1.06	0.88	0.64	0.43
EPS Growth	98.75%	-20.76%	20.46%	37.50%	47.70%	-23.54%
Free Cash Flow	88.52	-145.76	24.57	210.89	137.65	-272.8
Free Cash Flow Per Share	0.21	-0.34	0.06	0.50	0.33	-0.65
Dividend Per Share	0.358	0.358	0.190	0.360	0.267	0.120
Dividend Growth	88.42%	88.42%	-47.22%	34.98%	122.25%	95.12%
Gross Margin	32.85%	31.88%	31.56%	31.98%	30.07%	26.76%
Operating Margin	12.78%	9.71%	9.19%	12.27%	9.55%	6.37%
Profit Margin	13.33%	11.38%	14.92%	11.45%	10.37%	8.37%
Free Cash Flow Margin	2.08%	-4.66%	0.83%	6.50%	5.31%	-12.63%
EBITDA	686.52	437.01	393.79	512.14	338.73	209.48
EBITDA Margin	16.13%	13.97%	13.26%	15.78%	13.07%	9.70%
D&A For EBITDA	142.35	133.2	121.01	113.9	91.1	71.86
EBIT	544.18	303.81	272.78	398.24	247.63	137.62
EBIT Margin	12.78%	9.71%	9.19%	12.27%	9.55%	6.37%
Effective Tax Rate	6.85%	6.70%	11.88%	9.07%	10.54%	7.48%
Revenue as Reported	4,257	3,129	2,970	3,246	2,592	2,161
Advertising Expenses	-	14.65	8.76	24.1	18.2	17.59

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