Welcome to Skyworth

Investor Relations Financial Highlights

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