Bear Electric Appliance Co Ltd

SZSE:002959

China / Consumo discrecional / Productos domésticos duraderos

Visión general

Noticias

Finanzas históricas a 5 años

Precio

44,60 CNY


Key Metrics	Latest
Total Revenue	4,533 B
Adjusted EBITDA	407,7 M
EBITDA Margin	9,0%
Net Profit Margin	5,9%
Total Assets	5,514 B
Total Debt	677,1 M

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-19	Dec-20	Jan-22	Jan-23	Dec-23	12 Months	Sep-23	Sep-24

Revenue	2,687.96	3,659.95	3,606.34	4,117.70	4,711.89	4,532.72	3,318.16	3,139.00
% Growth		0.36	(0.01)	0.14	0.14			(0.05)

Adjusted EBITDA	376.89	536.77	387.47	544.71	563.54	407.72	426.26	270.44
% Margin	0.14	0.15	0.11	0.13	0.12	0.09	0.13	0.09

Adjusted EBIT	329.23	465.67	281.40	427.04	443.35	285.64	338.01	180.29
% Margin	0.12	0.13	0.08	0.10	0.09	0.06	0.10	0.06

Adjusted Net Income	270.65	419.75	284.21	386.09	407.15	268.09	317.72	178.66
% Margin	0.10	0.11	0.08	0.09	0.09	0.06	0.10	0.06

Adjusted Basic EPS	2.08	2.69	1.82	2.48	2.60	1.71	2.03	1.14

Cálculos de apoyo

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Original
CNY	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-19	Dec-20	Jan-22	Jan-23	Dec-23	Sep-24	Sep-23	Sep-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	2,688	3,660	3,606	4,118	4,712	4,533	3,318	3,139
% Growth	NA	36.2%	-1.5%	14.2%	14.4%			-5.4%

Cost of Revenue	(1,780)	(2,508)	(2,460)	(2,647)	(3,006)	(2,990)	(2,037)	(2,021)
Gross Profit	908	1,152	1,147	1,470	1,706	1,543	1,282	1,118
% Revenue	33.8%	31.5%	31.8%	35.7%	36.2%	34.0%	38.6%	35.6%

Research and Development	(77)	(105)	(130)	(137)	(143)	(189)	(106)	(152)
Selling and Marketing	(396)	(440)	(553)	(730)	(884)	(825)	(662)	(603)
General and Admin	(91)	(118)	(166)	(149)	(196)	(210)	(156)	(169)
Other Inc / (Exp)	(19)	(17)	(19)	(35)	7	12	(4)	1
Total Operating Exp	(582)	(680)	(867)	(1,051)	(1,217)	(1,211)	(928)	(922)

Operating Income	325	472	280	419	490	332	354	196
% Revenue	12.1%	12.9%	7.8%	10.2%	10.4%	7.3%	10.7%	6.2%

Interest Expense	7	46	50	35	25	27	7	9
Pre-tax Income	332	518	330	455	515	359	360	205
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(64)	(90)	(46)	(69)	(69)	(43)	(45)	(18)
Net Income to Company	268	428	283	386	445	317	316	187
% Margin	10.0%	11.7%	7.9%	9.4%	9.5%	7.0%	9.5%	6.0%

Minority Interest in Earnings	0	0	0	0	(0)	(7)	(0)	(7)
Net Income to Stockholders	268	428	283	386	445	310	316	180

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0

Net Income to Common	268	428	283	386	445	310	316	180
% Margin	10.0%	11.7%	7.9%	9.4%	9.4%	6.8%	9.5%	5.7%

As Reported
Basic EPS (Continuing Ops)	2.06	2.74	1.82	2.48	2.85	1.98	2.02	1.15
Diluted EPS (Continuing Ops)	2.06	2.74	1.82	2.48	2.82	1.96	2.01	1.15

WA Basic Shares Out.	130.00	156.00	156.00	155.96	156.45	156.92	156.25	156.71
WA Diluted Shares Out.	130.00	156.00	156.00	156.11	157.75	157.72	156.74	156.71

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	332	518	330	455	515	359	360	205
Addback: Net Interest Expense	(7)	(46)	(50)	(35)	(25)	(27)	(7)	(9)
Addback: Other Non Operating Expenses, Total	1	5	1	8	5	19	(18)	(4)
Addback: Depreciation & Amortization	48	71	106	118	120	122	88	90
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	9	1	1	(0)	(16)	(23)	(15)	(22)
Addback: Gain (Loss) On Sale Of Assets	(0)	(0)	7	0	0	1	(0)	1
Addback: Asset Writedown	0	0	2	(0)	2	(6)	18	10
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	(6)	(12)	(9)	1	(38)	(38)	0	0
Adjusted EBITDA	377	537	387	545	564	408	426	270
% Margin	14.0%	14.7%	10.7%	13.2%	12.0%	9.0%	12.8%	8.6%

Adjusted EBIT	329	466	281	427	443	286	338	180
% Margin	12.2%	12.7%	7.8%	10.4%	9.4%	6.3%	10.2%	5.7%

Adjusted Net Income Reconciliation
Net Income to Company	268	428	283	386	445	317	316	187
Addback: Unusual Items	3	(11)	1	0	(52)	(66)	3	(11)
Less: Tax Benefit of Unusual Items (26%)	(1)	3	(0)	(0)	13	17	(1)	3
Adjusted Net Income	271	420	284	386	407	268	318	179
% Margin	10.1%	11.5%	7.9%	9.4%	8.6%	5.9%	9.6%	5.7%

Error de carga

Bear Electric Appliance Co Ltd

SZSE:002959

China / Consumo discrecional / Productos domésticos duraderos

Finanzas históricas a 5 años