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 2022
For the year ended
31 December 2021
Change
OPERATING RESULTS
Revenue 53.491 50,928 +5.0%
EBIT 2,251 3,013 -25.3%
EBITDA 3,006 3,634 -17.3%
Profit for the year 1,407 1,965 -28.4%
Profit attributable to owners of the Company   827 1,634 -49.4%
FINANCIAL POSITION
Net cash from operating activities 5,148 1,244 +313.8%
Cash position * 12,407 12,739 -2.6%
Borrowings 15,257 14,262 +7.0%
Convertible bonds (inclusive of interest) - 962 -100.0%
Corporate bonds (inclusive of interest) - 921 -100.0%
Equity attributable to owners of the Company 17,867 18,045 -1.0%
Working capital 10,899 13,725 -20.6%
Bills receivables 1,990 2,996 -33.6%
Trade receivables 8,066 9,146 -11.8%
Inventories 8,947 7,791 +14.8%
KEY RATIOS
Gross profit margin (%) 15.3% 16.8% -1.5pp
EBIT margin (%) 4.2% 5.9% -1.7pp
EBITDA margin (%)    5.6% 7.1% -1.5pp
Profit margin (%) 2.6% 3.9% -1.3pp
ROE (%) 4.6% 9.5% -4.9pp
Debt to equity (%) *** 69.7% 76.6% -6.9pp
Current ratio (times) 1.3x 1.4x -7.1%
Trade receivables turnover period (days) *** 76 Day 92 Day -17.4%
Inventories turnover period (days) *** 71 Day 64 Day +10.9%
DATA PER SHARE
Earnings per share – Basic (RMB cents) 31.97 62.11 +48.5%
Earnings per share – Diluted (RMB cents) 31.95 62.03 +48.5%
Dividend per share (HK cents) 3.0 23.0 -87.0%
Book value per share (RMB cents) 846.89 790.63 +7.1%
SHARE INFORMATION AT FINANCIAL YEAR END
Skyworth Group Limited (shares are listed in Hong Kong, stock code: 00751)
Number of shares in issue (million) 2,585 2,667 -3.1%
Market capitalisation (HK$ million) 8,660 14,562 -40.5%
Skyworth Digital Co., Ltd. (shares are listed in Shenzhen, stock code: 000810)
Number of shares in issue (million) 1,150 1,063 +8.2%
Market capitalisation (RMB million) 16,034 10,471 +53.1%
* Cash position refers to pledged and restricted bank deposits, cash and cash equivalents
** (Borrowings + corporate bonds + convertible bonds)/total equity
*** Calculation based on average inventory; average sum of bills receivables and trade receivables