Shenzhen AV-Display Co., Ltd. (SHE:300939)

Shenzhen AV-Display Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,120	1,076	984.32	1,099	1,104	818.52
Other Revenue	8.51	8.51	10.56	4.84	7.2	5.54
Revenue	1,128	1,085	994.88	1,104	1,111	824.06
Revenue Growth (YoY)	15.52%	9.03%	-9.86%	-0.70%	34.88%	2.85%
Cost of Revenue	870.38	827.74	724.95	820.7	849.47	624.57
Gross Profit	257.81	256.93	269.93	282.98	262.02	199.49
Selling, General & Admin	104.53	101.76	94.61	99.8	103.13	70.53
Research & Development	83.96	80.37	64.26	59.61	49.51	38.9
Other Operating Expenses	2.09	2.54	5.12	7.28	6.5	6.67
Operating Expenses	190.8	185.74	163.99	167.48	161.87	115.82
Operating Income	67.01	71.18	105.94	115.5	100.15	83.67
Interest Expense	-0.43	-0.65	-1.09	-0.91	-0.29	-0.36
Interest & Investment Income	18.13	18.35	15.48	19.99	21.26	4.08
Currency Exchange Gain (Loss)	4.17	4.17	0.36	33.23	-4.08	-9.35
Other Non Operating Income (Expenses)	-1.43	-0.77	-0.74	-0.15	-0.27	-0.23
EBT Excluding Unusual Items	87.44	92.27	119.95	167.66	116.77	77.81
Gain (Loss) on Sale of Investments	3.15	3.15	7.82	0.6	-2.78	2.25
Gain (Loss) on Sale of Assets	-0.02	-0.03	-0.22	0.01	-0.02	-
Asset Writedown	0.04	-0.02	-0.07	-0.1	-0.41	-0.15
Other Unusual Items	2.86	2.09	6.54	10.03	8.31	12.77
Pretax Income	93.47	97.46	134.03	178.21	121.87	92.69
Income Tax Expense	4.57	4.69	12.54	19.6	12.21	9.34
Earnings From Continuing Operations	88.9	92.77	121.49	158.61	109.66	83.34
Minority Interest in Earnings	-2.9	-2.16	0.81	0.65	-	-
Net Income	86.01	90.61	122.3	159.26	109.66	83.34
Net Income to Common	86.01	90.61	122.3	159.26	109.66	83.34
Net Income Growth	-24.96%	-25.91%	-23.21%	45.23%	31.58%	-3.70%
Shares Outstanding (Basic)	120	119	120	120	118	90
Shares Outstanding (Diluted)	120	119	120	120	118	90
Shares Change (YoY)	0.08%	-0.57%	0.13%	1.55%	31.11%	-0.24%
EPS (Basic)	0.72	0.76	1.02	1.33	0.93	0.93
EPS (Diluted)	0.72	0.76	1.02	1.33	0.93	0.93
EPS Growth	-25.02%	-25.49%	-23.31%	43.01%	0.36%	-3.47%
Free Cash Flow	55.18	28.02	110.27	68.68	40.52	45.96
Free Cash Flow Per Share	0.46	0.23	0.92	0.57	0.34	0.51
Dividend Per Share	0.400	0.400	0.400	0.400	0.400	0.333
Dividend Growth	-	-	-	-	20.01%	-
Gross Margin	22.85%	23.69%	27.13%	25.64%	23.57%	24.21%
Operating Margin	5.94%	6.56%	10.65%	10.46%	9.01%	10.15%
Profit Margin	7.62%	8.35%	12.29%	14.43%	9.87%	10.11%
Free Cash Flow Margin	4.89%	2.58%	11.08%	6.22%	3.65%	5.58%
EBITDA	89.87	94.5	131.07	138.11	119.92	102.7
EBITDA Margin	7.97%	8.71%	13.17%	12.51%	10.79%	12.46%
D&A For EBITDA	22.86	23.32	25.13	22.62	19.77	19.03
EBIT	67.01	71.18	105.94	115.5	100.15	83.67
EBIT Margin	5.94%	6.56%	10.65%	10.46%	9.01%	10.15%
Effective Tax Rate	4.88%	4.81%	9.36%	11.00%	10.02%	10.08%
Revenue as Reported	1,128	1,085	994.88	1,104	1,111	824.06

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.