Welcome to Skyworth

Investor Relations Financial Highlights

Amounts expressed in RMB million (except for data per share)

Six months
period from
1 January to
30 June
2020
(unaudited)
Six months
period from
1 January to
30 June
2019
(unaudited)
Change
OPERATING RESULTS
Revenue 15,979 17,230 -7.3%
Earnings before interest and tax 1,010 785 +28.7%
EBITDA 1,460 1,188 +22.9%
Profit for the period 573 348 +64.7%
Profit attributable to owners of the Company 391 181 +116.0%
FINANCIAL POSITION
Net cash from operating activities 2,055 1,462 +40.6%
Cash position * 7,901 4,726 +67.2%
Borrowings 7,849 6,406 +22.5%
Convertible bonds ** 893 902 -1.0%
Corporate bond ** 2,894 2,081 +39.1%
Equity attributable to owners of the Company 15,919 15,267 +4.3%
Working capital 10,225 8,191 +24.8%
Bills receivables 3,008 4,877 -38.3%
Trade receivables (excluded bills receivables) 8,098 8,963 -9.7%
Inventories 5,388 5,617 -4.1%
KEY RATIOS
Gross profit margin (%)     19.3% 19.7% -0.4pp
Earnings before interest and tax margin (%) 6.3% 4.6% +1.7pp
EBITDA margin (%)  9.1% 6.9% +2.2pp
Profit margin (%) 3.6% 2.0% +1.6pp
ROE (%)   4.9% 2.4% +2.5pp
Debt to equity (%) *** 63.9% 54.3% +9.6pp
Current ratio (times) 1.4 1.4 -
Trade receivables turnover period (days) **** 145 160 -10.0%
Inventories turnover period (days) **** 79 77 +2.6%
DATA PER SHARE (RMB CENTS)
Earnings per share - Basic 12.87 5.96 +115.9%
Earnings per share - Diluted 12.11 5.90 +105.3%
Dividend per share - - -
Book value per share 594.48 564.46 +5.3%
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 (Hong Kong Dollar ("HK$")) 6,642 6,428 +3.3%
Skyworth Digital Co., Ltd. (Shares are listed in Shenzhen, stock code: 000810)
Number of shares in issue (million) 1,063 1,075 -1.1%
Market capitalisation (RMB) 12,841 9,494 +35.3%
* Cash position refers to pledged bank deposits, restricted bank deposits, bank balances and cash
** Included interests payable
*** (Borrowings + corporate bonds + convertible bonds)/total equity
***** Calculated based on average inventory; average sum of bills receivables and trade receivables