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 |