Amounts expressed in millions of Renminbi (except for data per share and items specifically stated)
| For the six months ended 30 June 2021 (unaudited) |
For the six months ended 30 June 2020 (unaudited) |
Change | |
| OPERATING RESULTS | |||
| Revenue | 22,567 | 15,979 | +41.2% |
| EBIT | 1,050 | 1,010 | +4.0% |
| EBITDA | 1,384 | 1,323 | +4.6% |
| Profit for the period | 610 | 573 | +6.5% |
| Profit attributable to owners of the Company | 409 | 391 | +4.6% |
| FINANCIAL POSITION | |||
| Net cash (used in) from operating activities | (1,403) | 1,786 | -178.6% |
| Cash position * | 9,242 | 7,901 | +17.0% |
| Borrowings | 13,580 | 7,849 | +73.0% |
| Convertible bonds (inclusive of interest) | 936 | 893 | +4.8% |
| Corporate bonds (inclusive of interest) | 903 | 2,894 | -68.8% |
| Equity attributable to owners of the Company | 17,052 | 15,919 | +7.1% |
| Working capital | 13,442 | 10,225 | +31.5% |
| Bills receivables | 3,150 | 3,008 | +4.7% |
| Trade receivables | 9,381 | 8,098 | +15.8% |
| Inventories | 8,746 | 5,388 | +62.3% |
| KEY RATIOS | |||
| Gross profit margin (%) | 16.6% | 19.3% | -2.7pp |
| Earnings before interest and tax margin (%) | 4.7% | 6.3% | -1.6pp |
| EBITDA margin (%) | 6.1% | 8.3% | -2.2pp |
| Profit margin (%) | 2.7% | 3.6% | -0.9pp |
| ROE (%) | 4.9% | 4.9% | - |
| Debt to equity (%) ** | 77.3% | 63.9% | +13.4pp |
| Current ratio (times) | 1.5 | 1.4 | +7.1% |
| Trade receivables turnover period (days) *** | 106 | 145 | -26.9% |
| Inventories turnover period (days) *** | 78 | 79 | -1.3% |
| DATA PER SHARE | |||
| Earnings per share – Basic (RMB cents) | 15.54 | 12.87 | +20.7% |
| Earnings per share – Diluted (RMB cents) | 14.44 | 12.11 | +19.2% |
| Dividend per share (HK cents) | - | - | - |
| Book value per share (RMB cents) | 747.08 | 594.48 | +25.7% |
| SHARE INFORMATION AT FINANCIAL PERIOD END | |||
| Skyworth Group Limited (shares are listed in Hong Kong, stock code: 00751) | |||
| Number of shares in issue (million) | 2,668 | 3,061 | -12.8% |
| Market capitalisation (HK$ million) | 5,816 | 6,642 | -12.4% |
| Skyworth Digital Co., Limited (shares are listed in Shenzhen, stock code: 000810) | |||
| Number of shares in issue (million) | 1,063 | 1,063 | - |
| Market capitalisation (RMB million) | 9,046 | 12,841 | -29.6% |
| * | Cash position refers to pledged bank deposits, restricted bank deposits, bank balances and cash |
| ** | (Borrowings + corporate bonds + convertible bonds)/total equity |
| *** | Calculated based on average inventory; average sum of bills receivables and trade receivables at amortised cost and at FVTOCI |
