Shandong Meichen Science & Technology Co Ltd

SZSE:300237

China / Industria / Servicios y suministros comerciales

Visión general

Noticias

Finanzas históricas a 10 años

Precio

1,38 CNY


Key Metrics	Latest
Total Revenue	1,738 B
Adjusted EBITDA	-578,3 M
EBITDA Margin	-33,3%
Net Profit Margin	-63,1%
Total Assets	8,029 B
Total Debt	4,106 B

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Jan-22	Jan-23	Dec-23	12 Months

Revenue	1,149	1,803	2,950	3,889	3,423	2,947	3,065	2,076	1,367	1,684	1,738
% Growth		57.0%	63.6%	31.8%	-12.0%	-13.9%	4.0%	-32.3%	-34.1%	23.2%

Adjusted EBITDA	175	340	627	886	446	304	341	(40)	(885)	(660)	(578)
% Margin	15.2%	18.8%	21.3%	22.8%	13.0%	10.3%	11.1%	-1.9%	-64.8%	-39.2%	-33.3%

Adjusted EBIT	143	298	588	837	397	240	265	(121)	(992)	(763)	(679)
% Margin	12.5%	16.5%	19.9%	21.5%	11.6%	8.2%	8.6%	-5.8%	-72.6%	-45.3%	-39.1%

Adjusted Net Income	100	206	461	617	171	26	31	(402)	(1,256)	(1,401)	(1,096)
% Margin	8.7%	11.4%	15.6%	15.9%	5.0%	0.9%	1.0%	-19.4%	-91.9%	-83.2%	-63.1%

Adjusted Basic EPS	0.08	0.17	0.32	0.43	0.10	0.02	0.02	(0.27)	(0.87)	(0.97)	(0.74)

Cálculos de apoyo

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
CNY	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Jan-22	Jan-23	Dec-23	Sep-24
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	1,149	1,803	2,950	3,889	3,423	2,947	3,065	2,076	1,367	1,684	1,738
% Growth	NA	57.0%	63.6%	31.8%	-12.0%	-13.9%	4.0%	-32.3%	-34.1%	23.2%

Cost of Revenue	(796)	(1,217)	(1,986)	(2,575)	(2,427)	(2,162)	(2,323)	(1,832)	(1,492)	(1,740)	(1,818)
Gross Profit	353	586	964	1,313	996	784	742	243	(125)	(56)	(80)
% Revenue	30.7%	32.5%	32.7%	33.8%	29.1%	26.6%	24.2%	11.7%	-9.2%	-3.3%	-4.6%

Research and Development	(59)	(65)	(98)	(133)	(170)	(147)	(127)	(114)	(95)	(84)	(83)
Selling and Marketing	(66)	(90)	(117)	(158)	(171)	(162)	(76)	(73)	(60)	(79)	(71)
General and Admin	(121)	(155)	(248)	(166)	(238)	(219)	(259)	(161)	(695)	(525)	(419)
Other Inc / (Exp)	31	14	65	(24)	(204)	38	(39)	(46)	(300)	(130)	(144)
Total Operating Exp	(215)	(295)	(397)	(481)	(783)	(491)	(501)	(393)	(1,150)	(819)	(717)

Operating Income	138	291	567	832	213	293	242	(150)	(1,276)	(875)	(797)
% Revenue	12.0%	16.1%	19.2%	21.4%	6.2%	10.0%	7.9%	-7.2%	-93.3%	-52.0%	-45.9%

Interest Expense	(10)	(42)	(45)	(74)	(105)	(171)	(191)	(233)	(244)	(297)	(70)
Pre-tax Income	128	249	521	758	108	122	51	(383)	(1,520)	(1,172)	(867)
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0	0	0	0
Provision for Taxes	(28)	(42)	(76)	(140)	(67)	(49)	(25)	(4)	135	(233)	(246)
Net Income to Company	100	207	445	618	41	73	27	(386)	(1,385)	(1,405)	(1,113)
% Margin	8.7%	11.5%	15.1%	15.9%	1.2%	2.5%	0.9%	-18.6%	-101.3%	-83.4%	-64.0%

Minority Interest in Earnings	3	2	2	(9)	(5)	0	16	19	28	14	10
Net Income to Stockholders	103	209	447	609	36	73	42	(367)	(1,357)	(1,391)	(1,103)

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

Net Income to Common	103	209	447	609	36	73	42	(367)	(1,357)	(1,391)	(1,103)
% Margin	9.0%	11.6%	15.1%	15.7%	1.0%	2.5%	1.4%	-17.7%	-99.3%	-82.6%	-63.5%

As Reported
Basic EPS (Continuing Ops)	0.08	0.17	0.31	0.42	0.02	0.05	0.03	(0.25)	(0.94)	(0.96)	(0.76)
Diluted EPS (Continuing Ops)	0.08	0.17	0.31	0.42	0.02	0.05	0.03	(0.25)	(0.94)	(0.96)	(0.76)

WA Basic Shares Out.	1,239.86	1,214.35	1,461.55	1,451.15	1,790.49	1,460.48	1,416.23	1,467.23	1,443.64	1,448.73	1,476.12
WA Diluted Shares Out.	1,239.86	1,214.35	1,461.55	1,451.15	1,790.49	1,460.48	1,416.23	1,467.23	1,443.64	1,448.73	1,476.12

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	128	249	521	758	108	122	51	(383)	(1,520)	(1,172)	(867)
Addback: Net Interest Expense	10	42	45	74	105	171	191	233	244	297	70
Addback: Other Non Operating Expenses, Total	6	9	(1)	7	9	10	17	50	110	106	96
Addback: Depreciation & Amortization	32	42	39	50	49	63	76	82	107	103	100
Addback: Restructuring Charges	0	0	0	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	248	19	13	18	143	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	3	0	2	6	7	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	(0)	1	1	1	(68)	(80)	3	1	(2)	2	0
Addback: Asset Writedown	0	5	21	4	0	2	1	0	20	35	61
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	0	(11)	(0)	(9)	(10)	(12)	(11)	(40)	13	(32)	(39)
Adjusted EBITDA	175	340	627	886	446	304	341	(40)	(885)	(660)	(578)
% Margin	15.2%	18.8%	21.3%	22.8%	13.0%	10.3%	11.1%	-1.9%	-64.8%	-39.2%	-33.3%

Adjusted EBIT	143	298	588	837	397	240	265	(121)	(992)	(763)	(679)
% Margin	12.5%	16.5%	19.9%	21.5%	11.6%	8.2%	8.6%	-5.8%	-72.6%	-45.3%	-39.1%

Adjusted Net Income Reconciliation
Net Income to Company	100	207	445	618	41	73	27	(386)	(1,385)	(1,405)	(1,113)
Addback: Unusual Items	(0)	(2)	22	(2)	175	(63)	7	(21)	174	6	22
Less: Tax Benefit of Unusual Items (26%)	0	0	(6)	1	(46)	16	(2)	5	(45)	(1)	(6)
Adjusted Net Income	100	206	461	617	171	26	31	(402)	(1,256)	(1,401)	(1,096)
% Margin	8.7%	11.4%	15.6%	15.9%	5.0%	0.9%	1.0%	-19.4%	-91.9%	-83.2%	-63.1%

Error de carga

Shandong Meichen Science & Technology Co Ltd

SZSE:300237

China / Industria / Servicios y suministros comerciales

Finanzas históricas a 10 años