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 |
