Wuxi Xinhongye Wire & Cable Co., Ltd. (SHE: 301310)

Wuxi Xinhongye Wire & Cable 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	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,096	1,964	1,792	1,203	693.11	534.69
Other Revenue	37.38	37.38	16.47	15.64	6.8	4.74
Revenue	2,133	2,001	1,808	1,219	699.91	539.43
Revenue Growth (YoY)	12.44%	10.66%	48.39%	74.11%	29.75%	-1.46%
Cost of Revenue	1,878	1,747	1,553	1,025	566.89	429.78
Gross Profit	254.6	254.41	255.66	194.03	133.02	109.65
Selling, General & Admin	54.4	47.76	29.95	24.68	21.98	26.19
Research & Development	65.86	61.3	54.7	37.51	22.67	18.12
Other Operating Expenses	22.09	5.05	2.35	4.34	2.52	2.67
Operating Expenses	146.67	121.92	97.69	72.25	51.29	56.12
Operating Income	107.93	132.49	157.96	121.78	81.73	53.53
Interest Expense	-1.26	-3.44	-5.25	-3.97	-3.31	-4.66
Interest & Investment Income	31.44	26.51	3.79	1.73	0.79	1.01
Currency Exchange Gain (Loss)	-1.99	-0.99	5.55	-0.06	-3.88	0.36
Other Non Operating Income (Expenses)	-0.85	-0.79	-1.61	-1.07	-0.69	-0.73
EBT Excluding Unusual Items	135.28	153.79	160.45	118.41	74.65	49.51
Gain (Loss) on Sale of Investments	3.66	0.31	-0.37	0.77	-	-
Gain (Loss) on Sale of Assets	-0.16	-0.17	-0.28	-0.01	-0.28	-0
Asset Writedown	-	-	-	-0.01	-0.01	-0.01
Other Unusual Items	37.56	33.06	2.4	1.58	2.37	0.57
Pretax Income	176.34	186.99	162.2	120.74	76.74	50.06
Income Tax Expense	20.42	21.83	17.42	13.67	10.22	6.37
Net Income	155.93	165.16	144.78	107.06	66.51	43.69
Net Income to Common	155.93	165.16	144.78	107.06	66.51	43.69
Net Income Growth	-0.83%	14.08%	35.23%	60.96%	52.22%	-8.37%
Shares Outstanding (Basic)	136	122	102	102	95	84
Shares Outstanding (Diluted)	136	122	102	102	95	84
Shares Change (YoY)	30.04%	19.45%	-0.01%	7.09%	13.61%	-
EPS (Basic)	1.15	1.36	1.42	1.05	0.70	0.52
EPS (Diluted)	1.15	1.36	1.42	1.05	0.70	0.52
EPS Growth	-23.74%	-4.49%	35.24%	50.30%	33.99%	-
Free Cash Flow	-466.9	-387.13	132.66	62.12	22.2	-30.76
Free Cash Flow Per Share	-3.43	-3.18	1.30	0.61	0.23	-0.37
Dividend Per Share	0.657	0.714	-	-	-	0.197
Gross Margin	11.94%	12.71%	14.14%	15.92%	19.01%	20.33%
Operating Margin	5.06%	6.62%	8.74%	9.99%	11.68%	9.92%
Profit Margin	7.31%	8.25%	8.01%	8.79%	9.50%	8.10%
Free Cash Flow Margin	-21.89%	-19.35%	7.34%	5.10%	3.17%	-5.70%
EBITDA	136.8	155.4	169.37	129.43	88.68	59.22
EBITDA Margin	6.41%	7.77%	9.37%	10.62%	12.67%	10.98%
D&A For EBITDA	28.87	22.91	11.41	7.65	6.96	5.69
EBIT	107.93	132.49	157.96	121.78	81.73	53.53
EBIT Margin	5.06%	6.62%	8.74%	9.99%	11.68%	9.92%
Effective Tax Rate	11.58%	11.67%	10.74%	11.33%	13.32%	12.72%
Revenue as Reported	2,133	2,001	1,808	-	-	-
Advertising Expenses	-	1.4	0.1	0.25	0.4	1.35

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