Yeal Electric Co., Ltd. (SHE: 300923)

Yeal Electric 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	400.82	389.06	401.71	373.82	310	342.92
Other Revenue	34.54	34.54	20.92	34.89	39.15	27.97
Revenue	435.36	423.61	422.63	408.71	349.14	370.89
Revenue Growth (YoY)	14.71%	0.23%	3.41%	17.06%	-5.86%	6.04%
Cost of Revenue	322.82	300.77	302.46	276.92	223.88	231.2
Gross Profit	112.55	122.84	120.17	131.79	125.26	139.68
Selling, General & Admin	57.29	57.5	49.71	52.92	47.54	52.58
Research & Development	22.57	22.63	19.55	16.77	12.05	13.19
Other Operating Expenses	1.98	2.04	4.36	3.08	3.95	4.68
Operating Expenses	72.47	82.38	81.08	80.45	65.4	73.75
Operating Income	40.08	40.47	39.1	51.34	59.87	65.93
Interest Expense	-0.19	-0.27	-0.39	-0.02	-	-0.49
Interest & Investment Income	6.05	10.19	15.24	15.79	4.25	3.92
Other Non Operating Income (Expenses)	-0.3	-0.43	-0.48	-1.96	-0.72	-0.76
EBT Excluding Unusual Items	45.64	49.96	53.48	65.16	63.4	68.6
Gain (Loss) on Sale of Investments	0.84	0.84	1.14	1.37	-	-
Gain (Loss) on Sale of Assets	0.17	0.01	-0.18	-0.02	0	-0.01
Asset Writedown	1.61	-0.02	-0.03	-0.06	-0.06	-0.35
Other Unusual Items	1.85	1.85	2.11	20.4	4.07	0.76
Pretax Income	50.12	52.63	56.52	86.84	67.41	68.99
Income Tax Expense	5.26	5.62	6.6	11.51	9.56	9.29
Earnings From Continuing Operations	44.86	47.01	49.91	75.33	57.86	59.7
Net Income	44.86	47.01	49.91	75.33	57.86	59.7
Net Income to Common	44.86	47.01	49.91	75.33	57.86	59.7
Net Income Growth	55.72%	-5.81%	-33.74%	30.21%	-3.09%	20.14%
Shares Outstanding (Basic)	79	78	78	78	59	59
Shares Outstanding (Diluted)	79	78	78	78	59	59
Shares Change (YoY)	1.44%	0.47%	-0.61%	32.92%	-0.13%	-0.08%
EPS (Basic)	0.57	0.60	0.64	0.96	0.98	1.01
EPS (Diluted)	0.57	0.60	0.64	0.96	0.98	1.01
EPS Growth	53.51%	-6.25%	-33.33%	-2.04%	-2.97%	20.24%
Free Cash Flow	-86.76	-143.43	-24.56	-15.82	41.88	16.03
Free Cash Flow Per Share	-1.10	-1.83	-0.31	-0.20	0.71	0.27
Dividend Per Share	0.450	0.450	0.280	0.280	0.180	-
Dividend Growth	60.71%	60.71%	0%	55.56%	-	-
Gross Margin	25.85%	29.00%	28.43%	32.25%	35.88%	37.66%
Operating Margin	9.21%	9.55%	9.25%	12.56%	17.15%	17.78%
Profit Margin	10.30%	11.10%	11.81%	18.43%	16.57%	16.10%
Free Cash Flow Margin	-19.93%	-33.86%	-5.81%	-3.87%	12.00%	4.32%
EBITDA	51.6	51.93	50.49	61.4	69.42	75.4
EBITDA Margin	11.85%	12.26%	11.95%	15.02%	19.88%	20.33%
D&A For EBITDA	11.52	11.47	11.39	10.06	9.55	9.46
EBIT	40.08	40.47	39.1	51.34	59.87	65.93
EBIT Margin	9.21%	9.55%	9.25%	12.56%	17.15%	17.78%
Effective Tax Rate	10.50%	10.67%	11.68%	13.25%	14.18%	13.46%
Revenue as Reported	435.36	423.61	422.63	408.71	349.14	370.89
Advertising Expenses	-	0.5	0.12	0.38	2.68	1.97

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