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 |
