Amounts expressed in millions of Renminbi (except for data per share and items specifically stated)
| For the six months ended 30 June 2023 (unaudited) |
For the six months ended 30 June 2022 (unaudited) |
Change | |
| OPERATING RESULTS | |||
| Revenue | 32,300 | 24,284 | +33.0% |
| EBIT | 1,097 | 1,072 | +2.3% |
| EBITDA | 1,412 | 1,436 | -1.7% |
| Profit for the period | 616 | 631 | -2.4% |
| Profit attributable to owners of the Company | 302 | 339 | -10.9% |
| FINANCIAL POSITION | |||
| Net cash from operating activities | 656 | 2,049 | -68.0% |
| Cash position * | 13,404 | 12,471 | +7.5% |
| Borrowings | 17,306 | 14,505 | +19.3% |
| Corporate bonds (inclusive of interest) | - | 902 | -100.0% |
| Equity attributable to owners of the Company | 17,865 | 17,641 | +1.3% |
| Working capital | 11,319 | 10,852 | +4.3% |
| Bills receivables | 1,717 | 1,542 | +11.3% |
| Trade receivables | 9,496 | 8,283 | +14.6% |
| Inventories | 9,460 | 8,742 | +8.2% |
| KEY RATIOS | |||
| Gross profit margin (%) | 13.0% | 16.0% | -3.0pp |
| EBIT margin (%) | 3.4% | 4.4% | -1.0pp |
| EBITDA margin (%) | 4.4% | 5.9% | -1.5pp |
| Profit margin (%) | 1.9% | 2.6% | -0.7pp |
| ROE (%) | 3.4% | 3.8% | -0.4pp |
| Debt to equity (%) ** | 78.5% | 71.7% | +6.8pp |
| Current ratio (times) | 1.3x | 1.3x | - |
| Trade receivables turnover period (days) *** | 59 Day | 81 Day | -27.2% |
| Inventories turnover period (days) *** | 61 Day | 77 Day | -20.8% |
| DATA PER SHARE | |||
| Earnings per share – Basic (RMB cents) | 11.95 | 12.98 | -7.9% |
| Earnings per share – Diluted (RMB cents) | 11.95 | 12.96 | -7.8% |
| Dividend per share (HK cents) | 3.0 | 3.0 | - |
| Book value per share (RMB cents) | 887.61 | 817.66 | +8.6% |
| SHARE INFORMATION AT FINANCIAL PERIOD END | |||
| Skyworth Group Limited (shares are listed in Hong Kong, stock code: 00751) | |||
| Number of shares in issue (million) | 2,485 | 2,627 | -5.4% |
| Market capitalisation (HK$ million) | 8,599 | 10,193 | -15.6% |
| Skyworth Digital Co., Limited (shares are listed in Shenzhen, stock code: 000810) | |||
| Number of shares in issue (million) | 1,150 | 1,150 | - |
| Market capitalisation (RMB million) | 18,599 | 18,642 | -0.2% |
| * | Cash position refers to pledged and restricted bank deposits, cash and cash equivalents |
| ** | (Borrowings + corporate bonds)/total equity |
| *** | Calculated based on average inventory; average sum of bills receivables and trade receivables |
