Zhejiang Sling Automobile Bearing Co., Ltd. (SHE:301550)

SHE:301550 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	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	756	729.19	738.77	699.52	519.01	307.26
Other Revenue	8.93	8.93	10.97	15.17	6.37	2.87
Revenue	764.93	738.12	749.74	714.69	525.38	310.13
Revenue Growth (YoY)	9.01%	-1.55%	4.90%	36.03%	69.41%	28.99%
Cost of Revenue	521.63	504.33	556.93	536.64	395.74	236.46
Gross Profit	243.31	233.8	192.8	178.05	129.64	73.67
Selling, General & Admin	42.05	43.3	39.53	40.05	38.12	29.69
Research & Development	35.3	33.35	32.69	28.62	25.66	14.3
Other Operating Expenses	4.71	3.95	4.72	-1.43	-0.98	2.71
Operating Expenses	81.16	83.43	75.83	71.66	63.51	46.72
Operating Income	162.14	150.36	116.97	106.39	66.14	26.95
Interest Expense	-	-1.28	-3.36	-5.56	-9.38	-4.19
Interest & Investment Income	49.89	17.56	5.8	5.32	2.29	1.64
Currency Exchange Gain (Loss)	4.46	4.46	16.63	-4.12	-5.46	1
Other Non Operating Income (Expenses)	-5.83	-0.45	-0.96	-1.38	-1.58	-0.41
EBT Excluding Unusual Items	210.67	170.66	135.08	100.64	52.01	24.99
Impairment of Goodwill	-	-	-	-	-5.39	-
Gain (Loss) on Sale of Investments	0.68	-0.18	-7.01	3.18	-	0.07
Gain (Loss) on Sale of Assets	-1.87	-0.09	0.12	0.21	6.3	0.3
Asset Writedown	0.6	-0.04	-0.01	-0.06	-0.01	-0.03
Other Unusual Items	-5.33	3.61	4.85	0.12	-0.21	4.2
Pretax Income	204.74	173.96	133.04	104.09	52.7	29.52
Income Tax Expense	24.96	24.21	10.45	13.4	11.01	4.59
Earnings From Continuing Operations	179.79	149.74	122.58	90.69	41.69	24.93
Minority Interest in Earnings	-	-	-	-	-	-0.06
Net Income	179.79	149.74	122.58	90.69	41.69	24.88
Net Income to Common	179.79	149.74	122.58	90.69	41.69	24.88
Net Income Growth	31.69%	22.16%	35.16%	117.56%	67.58%	-25.25%
Shares Outstanding (Basic)	110	89	82	83	82	73
Shares Outstanding (Diluted)	110	89	82	83	82	73
Shares Change (YoY)	32.73%	8.34%	-0.28%	0.72%	11.96%	5.53%
EPS (Basic)	1.64	1.68	1.49	1.10	0.51	0.34
EPS (Diluted)	1.64	1.68	1.49	1.10	0.51	0.34
EPS Growth	-0.78%	12.75%	35.54%	116.01%	49.68%	-29.17%
Free Cash Flow	108.69	74.13	210.3	57.65	37.29	34.27
Free Cash Flow Per Share	0.99	0.83	2.56	0.70	0.46	0.47
Dividend Per Share	0.500	0.400	-	-	-	-
Gross Margin	31.81%	31.67%	25.72%	24.91%	24.68%	23.75%
Operating Margin	21.20%	20.37%	15.60%	14.89%	12.59%	8.69%
Profit Margin	23.50%	20.29%	16.35%	12.69%	7.94%	8.02%
Free Cash Flow Margin	14.21%	10.04%	28.05%	8.07%	7.10%	11.05%
EBITDA	183.42	171.39	137.67	128.08	89.88	29.48
EBITDA Margin	23.98%	23.22%	18.36%	17.92%	17.11%	9.51%
D&A For EBITDA	21.28	21.03	20.7	21.7	23.74	2.53
EBIT	162.14	150.36	116.97	106.39	66.14	26.95
EBIT Margin	21.20%	20.37%	15.60%	14.89%	12.59%	8.69%
Effective Tax Rate	12.19%	13.92%	7.86%	12.87%	20.89%	15.54%
Revenue as Reported	764.93	738.12	749.74	-	-	310.13

Updated Oct 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.