Zhejiang Changsheng Sliding Bearings Co., Ltd. (SHE:300718)

SHE:300718 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	1,098	1,082	1,046	964.79	643.23	590.28
Other Revenue	23.86	23.86	25.12	20.19	12.02	10.56
Revenue	1,121	1,105	1,071	984.97	655.25	600.84
Revenue Growth (YoY)	2.95%	3.18%	8.77%	50.32%	9.06%	-9.32%
Cost of Revenue	736.93	714.88	763.9	716.58	424.5	379.69
Gross Profit	384.49	390.57	307.49	268.4	230.75	221.15
Selling, General & Admin	85.76	83.5	80.08	77.55	58.37	63.83
Research & Development	46.7	49.68	44.32	41.21	33.4	30.79
Other Operating Expenses	7.99	7.59	8.17	6.45	5.84	4.92
Operating Expenses	140.98	140.87	133.28	124.51	98.85	99.96
Operating Income	243.51	249.7	174.22	143.89	131.9	121.19
Interest Expense	-2.35	-2.91	-3.35	-1	-	-
Interest & Investment Income	15.32	19.3	23.95	28.46	33.57	22.4
Currency Exchange Gain (Loss)	9.03	9.03	7.59	-10.54	-0.39	1
Other Non Operating Income (Expenses)	-0.84	-0.64	-0.28	-0.29	-0.21	-0.25
EBT Excluding Unusual Items	264.68	274.49	202.12	160.52	164.87	144.34
Gain (Loss) on Sale of Investments	7.38	5.14	-100.27	4.07	-0.28	0.93
Gain (Loss) on Sale of Assets	-0.05	0.57	0.15	4.17	-0.11	-0.11
Asset Writedown	-5.06	-5.21	-0.07	-0.06	-1.39	-0.04
Other Unusual Items	6.91	6.99	11.35	9.73	6.32	7.14
Pretax Income	273.86	281.98	113.28	178.43	169.41	152.25
Income Tax Expense	38.25	40.12	12.14	22.71	23.2	21.61
Earnings From Continuing Operations	235.61	241.85	101.14	155.72	146.22	130.64
Minority Interest in Earnings	-2.81	0.39	0.95	-0.67	-0.9	-2.73
Net Income	232.79	242.24	102.1	155.05	145.32	127.91
Net Income to Common	232.79	242.24	102.1	155.05	145.32	127.91
Net Income Growth	55.05%	137.26%	-34.15%	6.69%	13.61%	-13.18%
Shares Outstanding (Basic)	298	299	300	298	297	295
Shares Outstanding (Diluted)	298	299	300	298	297	295
Shares Change (YoY)	-0.87%	-0.41%	0.71%	0.54%	0.47%	-1.16%
EPS (Basic)	0.78	0.81	0.34	0.52	0.49	0.43
EPS (Diluted)	0.78	0.81	0.34	0.52	0.49	0.43
EPS Growth	56.40%	138.24%	-34.62%	6.12%	13.09%	-12.16%
Free Cash Flow	212.55	189.78	76.55	2.13	-1.3	96.49
Free Cash Flow Per Share	0.71	0.63	0.25	0.01	-0.00	0.33
Dividend Per Share	0.403	0.403	0.350	0.350	0.333	0.147
Dividend Growth	-22.20%	15.14%	0%	5.01%	127.20%	-37.12%
Gross Margin	34.29%	35.33%	28.70%	27.25%	35.22%	36.81%
Operating Margin	21.71%	22.59%	16.26%	14.61%	20.13%	20.17%
Profit Margin	20.76%	21.91%	9.53%	15.74%	22.18%	21.29%
Free Cash Flow Margin	18.95%	17.17%	7.15%	0.22%	-0.20%	16.06%
EBITDA	310.83	313.13	232.47	195.3	176.65	123.36
EBITDA Margin	27.72%	28.33%	21.70%	19.83%	26.96%	20.53%
D&A For EBITDA	67.32	63.44	58.26	51.41	44.75	2.17
EBIT	243.51	249.7	174.22	143.89	131.9	121.19
EBIT Margin	21.71%	22.59%	16.26%	14.61%	20.13%	20.17%
Effective Tax Rate	13.97%	14.23%	10.71%	12.73%	13.69%	14.20%
Revenue as Reported	1,121	1,105	1,071	984.97	655.25	600.84
Advertising Expenses	-	0.67	0.28	0.66	0.96	0.66

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