Ugreen Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	5,755	4,801	3,832	3,439	2,732	2,042
Other Revenue	1.24	1.24	6.86	7.8	5.61	3.59
Revenue	5,757	4,803	3,839	3,446	2,738	2,045
Revenue Growth (YoY)	49.94%	25.09%	11.40%	25.88%	33.85%	-
Cost of Revenue	3,633	3,033	2,427	2,199	1,708	1,038
Gross Profit	2,124	1,770	1,413	1,247	1,030	1,007
Selling, General & Admin	1,346	1,123	862.75	743.96	561.23	677.5
Research & Development	280.23	215.89	183.34	156.61	95.13	64.89
Other Operating Expenses	12.97	10.95	13.85	9.12	11.47	5.29
Operating Expenses	1,640	1,354	1,061	909.81	669.4	747.12
Operating Income	483.89	415.91	351.21	337.66	360.4	260.21
Interest Expense	-6.29	-6.91	-7.49	-4.86	-	-0
Interest & Investment Income	16.07	16.12	11.11	5.84	2.25	2.94
Currency Exchange Gain (Loss)	5.71	5.71	0.28	-9.26	-	-
Other Non Operating Income (Expenses)	0.15	-4.93	-6.49	-4.14	-15.98	-4.72
EBT Excluding Unusual Items	499.54	425.91	348.63	325.24	346.68	258.42
Gain (Loss) on Sale of Investments	3.48	-	-	0	-	-
Gain (Loss) on Sale of Assets	-0.06	0.22	0.03	-0	0.02	-0.07
Other Unusual Items	19.46	19.46	28.07	20.68	12.5	4.29
Pretax Income	513.39	445.58	376.73	345.92	359.2	262.64
Income Tax Expense	53.87	51.9	46.74	41.03	53.17	35.28
Earnings From Continuing Operations	459.52	393.68	329.98	304.9	306.02	227.36
Minority Interest in Earnings	0.22	-6.17	-2.56	-8.29	-8.03	-1.95
Net Income	459.74	387.52	327.43	296.6	297.99	225.41
Net Income to Common	459.74	387.52	327.43	296.6	297.99	225.41
Net Income Growth	40.41%	18.35%	10.39%	-0.47%	32.20%	-
Shares Outstanding (Basic)	380	373	372	362	331	327
Shares Outstanding (Diluted)	380	373	372	362	331	327
Shares Change (YoY)	2.01%	0.14%	2.87%	9.25%	1.35%	-
EPS (Basic)	1.21	1.04	0.88	0.82	0.90	0.69
EPS (Diluted)	1.21	1.04	0.88	0.82	0.90	0.69
EPS Growth	37.65%	18.18%	7.32%	-8.89%	30.44%	-
Free Cash Flow	500.1	149.48	425.1	130.07	251.23	123.85
Free Cash Flow Per Share	1.32	0.40	1.14	0.36	0.76	0.38
Dividend Per Share	0.300	-	-	0.160	-	-
Gross Margin	36.89%	36.85%	36.79%	36.20%	37.61%	49.25%
Operating Margin	8.41%	8.66%	9.15%	9.80%	13.16%	12.72%
Profit Margin	7.99%	8.07%	8.53%	8.61%	10.88%	11.02%
Free Cash Flow Margin	8.69%	3.11%	11.07%	3.77%	9.18%	6.05%
EBITDA	492.73	424.13	357.62	342.63	363.6	262.42
EBITDA Margin	8.56%	8.83%	9.31%	9.94%	13.28%	12.83%
D&A For EBITDA	8.84	8.21	6.42	4.97	3.2	2.21
EBIT	483.89	415.91	351.21	337.66	360.4	260.21
EBIT Margin	8.41%	8.66%	9.15%	9.80%	13.16%	12.72%
Effective Tax Rate	10.49%	11.65%	12.41%	11.86%	14.80%	13.44%
Revenue as Reported	5,757	4,803	3,839	3,446	-	-
Advertising Expenses	-	361.65	237.85	207.7	180.83	141.53

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.