Amounts expressed in Renminbi (“RMB”) million (except for data per share)
| Six months period from 1 January to 30 June 2019 (unaudited) |
Six months period from 1 April to 30 September 2018 (unaudited) |
Change | |
| OPERATING RESULTS | |||
| Revenue | 17,230 | 18,722 | -8.0% |
| Earnings before interest and tax | 785 | 560 | +40.2% |
| EBITDA | 1,188 | 879 | +35.2% |
| Profit for the period | 348 | 271 | +28.4% |
| Profit attributable to owners of the Company | 181 | 187 | -3.2% |
| FINANCIAL POSITION | |||
| Net cash (used in) from operating activities | 1,462 | (2,021) | -172.3% |
| Cash position* | 4,726 | 4,373 | +8.1% |
| Borrowings | 6,406 | 6,700 | -4.4% |
| Convertible bonds** | 902 | - | N/A |
| Corporate bonds** | 2,081 | 1,998 | +4.2% |
| Equity attributable to owners of the Company | 15,267 | 16,628 | -8.2% |
| Working capital | 8,191 | 9,558 | -14.3% |
| Bills receivable | 4,877 | 4,880 | -0.1% |
| Trade receivables (excluded bills receivable) | 8,963 | 8,844 | +1.3% |
| Inventories | 5,617 | 5,579 | +0.7% |
| KEY RATIOS | |||
| Gross profit margin (%) | 19.7% | 18.0% | +1.7pp |
| Earnings before interest and tax margin (%) | 4.6% | 3.0% | +1.6pp |
| EBITDA margin (%) | 6.9% | 4.7% | +2.2pp |
| Profit margin (%) | 2.0% | 1.4% | +0.6pp |
| ROE (%) | 2.4% | 2.2% | +0.2pp |
| Debt to equity (%)*** | 54.3% | 47.1% | +7.2pp |
| Net debt to equity**** | Net Cash | Net Cash | N/A |
| Current ratio (times) | 1.4 | 1.5 | -6.7% |
| Trade receivable turnover period (days)***** | 160 | 128 | +25.0% |
| Inventories turnover period (days) ***** | 77 | 67 | +14.9% |
| DATA PER SHARE (HK CENTS) | |||
| Earnings per share – Basic | 5.96 | 6.17 | -3.4% |
| Earnings per share – Diluted | 5.90 | 6.17 | -4.4% |
| Dividend per share | - | - | - |
| Book value per share | 564.46 | 602.97 | -6.4% |
| SHARE INFORMATION AT FINANCIAL YEAR END | |||
| Skyworth Group Limited (Shares are listed in Hong Kong, stock code: 00751) | |||
| Number of shares in issue (million) | 3,061 | 3,061 | - |
| Market capitalisation | 6,428 | 6,765 | -5.0% |
| Skyworth Digital Co., Ltd.(Shares are listed in Shenzhen, stock code: 000810) | |||
| Number of shares in issue (million) | 1,075 | 1,075 | - |
| Market capitalisation | 9,494 | 6,988 | +35.9% |
| * | Cash position refers to pledged bank deposits, restricted bank deposits, bank balances and cash |
| ** | Included interests payable |
| *** | (Borrowings + corporate bonds + convertible bonds)/total equity |
| **** | (Cash position + bills on hand – borrowings – corporate bonds – convertible bonds)/total equity |
| ***** | Calculated based on average inventory; average sum of bills receivable and trade receivables |
