Welcome to Skyworth

Investor Relations Financial Highlights

Amounts expressed in millions of Renminbi (except for data per share and items specifically stated)

For the year ended
31 December 2024
For the year ended
31 December 2023
Change
OPERATING RESULTS
Revenue 65,013 69,031 -5.8%
EBIT 2,218 2,845 -22.0%
EBITDA 2,852 3,448 -17.3%
Profit for the year 1,160 1,766 -34.3%
Profit attributable to owners of the Company   568 1,069 -46.9%
FINANCIAL POSITION
Net cash (used in) from operating activities (506) 2,476 -120.4%
Cash position * 11,785 12,575 -6.3%
Borrowings 16,305 15,315 +6.5%
Equity attributable to owners of the Company 18,238 18,139 +0.5%
Working capital 12,388 11,249 +10.1%
Bills receivables 2,343 1,769 +32.4%
Trade receivables 10,991 9,698 +13.3%
Inventories 10,829 9,894 +9.5%
KEY RATIOS
Gross profit margin (%) 13.5 13.6 -0.1pp
EBIT margin (%) 3.4 4.1 -0.7pp
EBITDA margin (%)    4.4 5.0 -0.6pp
Profit margin (%) 1.8 2.6 -0.8pp
ROE (%) 3.1 5.9 -2.8pp
Debt to equity (%) ** 70.5 67.3 +3.2pp
Current ratio (times) 1.3 1.3 -
Trade receivables turnover period (days) *** 70 57 +22.8%
Inventories turnover period (days) *** 69 60 +15.0%
DATA PER SHARE
Earnings per share – Basic (RMB cents) 24.59 43.15 -43.0%
Earnings per share – Diluted (RMB cents) 24.59 43.15 -43.0%
Dividend per share (HK cents) - 8.0 -100.0%
Book value per share (RMB cents) 1,034.47 945.98 +9.4%
SHARE INFORMATION AT FINANCIAL YEAR END
Skyworth Group Limited (shares are listed in Hong Kong, stock code: 00751)
Number of shares in issue (million) 2,237 2,406 -7.0%
Market capitalisation (HK$ million) 7,090 7,169 -1.1%
Skyworth Digital Co., Ltd. (shares are listed in Shenzhen, stock code: 000810)
Number of shares in issue (million) 1,150 1,150 -
Market capitalisation (RMB million) 18,311 18,070 +1.3%
* Cash position refers to pledged and restricted bank deposits, cash and cash equivalents
** Borrowings/total equity
*** Calculation based on average inventory; average sum of bills receivables and trade receivables