Income Statement Anbang Save-Guard Group Co.,Ltd.

Equities

603373

CNE100006DW0

Business Support Services

End-of-day quote Shanghai S.E. Other stock markets 2026-01-16			5-day change	1st Jan Change
39.82 ^CNY	-0.45%		-0.03%	+4.90%

25-10-30	Anbang Save-Guard Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2025	CI
25-08-27	Anbang Save-Guard Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2025	CI

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Published financial data: ANBANG SAVE-GUARD GROUP CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.04B	2.17B	2.34B	2.46B	2.64B
Other Revenues, Total	24.53M	31.5M	37.95M	20.88M	19.93M
Total Revenues	2.06B	2.2B	2.38B	2.48B	2.66B
Cost of Goods Sold, Total	1.53B	1.68B	1.83B	1.87B	2B
Gross Profit	537M	522M	545M	613M	653M
Selling General & Admin Expenses, Total	185M	203M	208M	219M	241M
Provision for Bad Debts	-2.34M	4.75M	9.46M	13.42M	13.73M
R&D Expenses	7.63M	8.11M	12.29M	19.5M	27.37M
Other Operating Expenses	5.37M	11.78M	14.45M	14.89M	21.86M
Other Operating Expenses, Total	196M	227M	244M	267M	303M
Operating Income	341M	294M	301M	346M	350M
Interest Expense, Total	-4.43M	-9M	-8.4M	-7.69M	-9.4M
Interest And Investment Income	13.47M	15.45M	26.9M	27.81M	28.45M
Net Interest Expenses	9.04M	6.45M	18.5M	20.12M	19.05M
Other Non Operating Income (Expenses)	-88.64K	-444K	434K	-78.36K	-283K
EBT, Excl. Unusual Items	350M	300M	320M	366M	368M
Impairment of Goodwill	-	-	-	-856K	-3.9M
Gain (Loss) On Sale Of Assets	215K	-1.56M	-1.66M	-592K	-897K
Asset Writedown	-390K	-358K	-514K	-293K	-870K
Other Unusual Items	26.66M	14.57M	20.02M	3.44M	10.09M
EBT, Incl. Unusual Items	377M	313M	338M	367M	373M
Income Tax Expense	101M	94.27M	90.58M	105M	109M
Earnings From Continuing Operations	276M	219M	247M	262M	264M
Net Income to Company	276M	219M	247M	262M	264M
Minority Interest	-156M	-125M	-135M	-144M	-139M
Net Income - (IS)	120M	93.27M	113M	118M	125M
Net Income to Common Incl Extra Items	120M	93.27M	113M	118M	125M
Net Income to Common Excl. Extra Items	120M	93.27M	113M	118M	125M
Per Share Items
Net EPS - Basic	1.91	1.16	1.4	1.47	1.17
Basic EPS - Continuing Operations	1.91	1.16	1.4	1.47	1.17
Basic Weighted Average Shares Outstanding	62.72M	80.41M	80.65M	80.44M	107M
Net EPS - Diluted	1.91	1.16	1.4	1.47	1.17
Diluted EPS - Continuing Operations	1.91	1.16	1.4	1.47	1.17
Diluted Weighted Average Shares Outstanding	62.72M	80.41M	80.65M	80.44M	107M
Normalized Basic EPS	1	0.77	0.81	1.05	0.85
Normalized Diluted EPS	1	0.77	0.81	1.05	0.85
Dividend Per Share	0.04	-	-	0.5	0.5
Payout Ratio	27.09	34.46	1.97	1.74	45.63
Supplemental Items
EBITDA	434M	386M	391M	438M	443M
EBITA	347M	300M	307M	353M	357M
EBIT	341M	294M	301M	346M	350M
EBITDAR	447M	387M	392M	456M	457M
Total Revenues (As Reported)	-	-	-	2.48B	2.66B
Effective Tax Rate - (Ratio)	26.7	30.13	26.79	28.56	29.15
Total Current Taxes	99.51M	96.18M	95.71M	-	112M
Total Deferred Taxes	1.11M	-1.91M	-5.14M	105M	-3.14M
Normalized Net Income	62.51M	62.3M	65.56M	84.36M	91.63M
Interest on Long-Term Debt	-	-	-	5.24M	6.1M
Non-Cash Pension Expense	-	-	-	1.48M	1.08M
Supplemental Operating Expense Items
Marketing Expenses	1.97M	1.76M	1.8M	1.7M	1.82M
Selling and Marketing Expenses	5.09M	4.58M	6.79M	9.04M	7.65M
General and Administrative Expenses	170M	197M	200M	210M	232M
Research And Development Expense From Footnotes	7.63M	8.11M	12.29M	19.5M	27.37M
Net Rental Expense, Total	13.25M	943K	591K	17.62M	14.33M
Imputed Operating Lease Interest Expense	4.12M	469K	216K	6.2M	5.71M
Imputed Operating Lease Depreciation	9.13M	474K	375K	11.42M	8.63M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	974M	997M	1.12B	1.61B	1.62B
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	974M	997M	1.12B	1.61B	1.62B
Accounts Receivable, Total	117M	156M	228M	326M	406M
Other Receivables	37.44M	28.79M	21.15M	21.25M	33.91M
Notes Receivable	-	30K	-	-	-
Total Receivables	154M	185M	249M	347M	440M
Inventory	10.78M	21.07M	33.78M	81.12M	74.43M
Other Current Assets, Total	54.25M	43.02M	24.78M	33.06M	45.05M
Total Current Assets	1.19B	1.25B	1.43B	2.07B	2.18B
Gross Property Plant And Equipment	1.36B	1.44B	1.44B	1.6B	1.8B
Accumulated Depreciation	-647M	-673M	-705M	-820M	-886M
Net Property Plant And Equipment	716M	764M	733M	784M	919M
Long-term Investments	52.05M	55.96M	56.25M	60.74M	68.01M
Goodwill	3.3M	3.3M	3.3M	4M	10.96M
Other Intangibles, Total	207M	203M	215M	284M	297M
Deferred Tax Assets Long-Term	7.86M	9.77M	14.91M	14.23M	18.45M
Deferred Charges Long-Term	53.18M	46.35M	86.15M	79.69M	77.08M
Other Long-Term Assets, Total	1.72M	48.02M	76.24M	44.71M	42.02M
Total Assets	2.23B	2.38B	2.62B	3.34B	3.62B
Liabilities
Accounts Payable, Total	59.02M	56.28M	81.95M	90.37M	182M
Accrued Expenses, Total	244M	272M	280M	296M	297M
Short-term Borrowings	74.41M	60.5M	28.03M	54.98M	80.55M
Current Portion of Long-Term Debt	3.03M	2.5M	2.52M	3M	2.46K
Current Portion of Leases	-	17.75M	39.78M	14.83M	22.96M
Current Income Taxes Payable	36.24M	30.51M	25.56M	29.95M	34.8M
Unearned Revenue Current, Total	45.36M	53.3M	58.21M	66.96M	81.23M
Other Current Liabilities	152M	56.89M	45.75M	49.83M	67.1M
Total Current Liabilities	614M	550M	562M	606M	765M
Long-Term Debt	13.15M	15.02M	12.5M	9.51M	2.3M
Long-Term Leases	-	103M	86.03M	98.5M	91.33M
Unearned Revenue Non Current	-	130K	20.16K	-	-
Deferred Tax Liability Non Current	-	-	-	11.15K	1.08M
Total Liabilities	627M	668M	660M	714M	860M
Common Stock, Total	80.65M	80.65M	80.65M	108M	108M
Additional Paid In Capital	375M	390M	397M	842M	846M
Retained Earnings	420M	483M	596M	712M	784M
Comprehensive Income and Other	39.71M	47.38M	52.56M	52.32M	53.79M
Total Common Equity	915M	1B	1.13B	1.71B	1.79B
Minority Interest	692M	706M	828M	914M	965M
Total Equity	1.61B	1.71B	1.96B	2.63B	2.76B
Total Liabilities And Equity	2.23B	2.38B	2.62B	3.34B	3.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	80.65M	80.65M	80.65M	108M	108M
ECS Total Common Shares Outstanding	80.65M	80.65M	80.65M	108M	108M
Book Value / Share	11.35	12.42	13.97	15.94	16.66
Tangible Book Value	705M	796M	908M	1.43B	1.48B
Tangible Book Value Per Share	8.74	9.87	11.26	13.26	13.79
Total Debt	90.6M	199M	169M	181M	197M
Net Debt	-883M	-798M	-955M	-1.43B	-1.43B
Debt Equivalent Oper. Leases	106M	7.54M	4.73M	141M	115M
Minority Interest, Total (Incl. Fin. Div)	692M	706M	828M	914M	965M
Equity Method Investments, Total	52.05M	55.96M	56.25M	60.7M	67.96M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	7.21M	7.85M	6.98M	6.3M	6.47M
Inventories - Work In Process, Total	2.22M	11.38M	20.12M	71.48M	61.2M
Inventories - Finished Goods, Total	1.35M	1.84M	6.68M	3.33M	6.86M
Buildings, Total	723M	662M	661M	709M	758M
Machinery, Total	637M	628M	623M	645M	671M
Full Time Employees	16.39K	16.42K	16.25K	16.56K	17.53K
Accumulated Allowance for Doubtful Accounts (Supple)	13.26M	17.98M	27.18M	40.14M	51.97M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	120M	93.27M	113M	118M	125M
Depreciation & Amortization - CF	86.9M	114M	114M	112M	119M
Amortization of Goodwill and Intangible Assets - (CF)	5.64M	5.85M	6.05M	7.74M	7.86M
Depreciation & Amortization, Total	92.54M	120M	120M	119M	127M
Amortization of Deferred Charges, Total - (CF)	12.41M	12.33M	15M	17.91M	20.73M
(Gain) Loss From Sale Of Asset	-214K	1.56M	1.66M	592K	989K
(Gain) Loss on Sale of Investments - (CF)	-8.14M	-6.26M	-5.49M	-4.85M	-5.89M
Asset Writedown & Restructuring Costs	-2.29M	5.05M	9.2M	14.57M	4.68M
Provision and Write-off of Bad Debts	-	-	-	-	13.73M
Other Operating Activities, Total	161M	134M	143M	152M	148M
Change In Accounts Receivable	-12.44M	-41.69M	-80.17M	-110M	-131M
Change In Inventories	-5.33M	-11.02M	-12.85M	-47.34M	6.6M
Change In Accounts Payable	69.4M	46.35M	20.42M	49.11M	90.43M
Change In Deferred Taxes	1.11M	-1.91M	-5.14M	-2.02M	-3.1M
Change in Other Net Operating Assets	12.18M	13.79M	8.83M	-1.9M	3.15M
Cash from Operations	440M	366M	327M	305M	401M
Capital Expenditure	-104M	-77.52M	-163M	-188M	-217M
Sale of Property, Plant, and Equipment	2.07M	780K	740K	1.04M	816K
Cash Acquisitions	-	-	-	-6.07M	-26.48M
Investment in Marketable and Equity Securities, Total	-22.94M	10K	-1.2M	-300K	-10K
Other Investing Activities, Total	10.42M	2.78M	33.92M	704K	16.35M
Cash from Investing	-114M	-73.95M	-129M	-193M	-227M
Long-Term Debt Issued, Total	42.9M	69.97M	93.9M	423M	111M
Total Debt Issued	42.9M	69.97M	93.9M	423M	111M
Long-Term Debt Repaid, Total	-52.3M	-65.13M	-115M	-454M	-140M
Total Debt Repaid	-52.3M	-65.13M	-115M	-454M	-140M
Issuance of Common Stock	359M	-	-	513M	-
Common Dividends Paid	-32.46M	-32.14M	-2.23M	-2.06M	-57.27M
Common & Preferred Stock Dividends Paid	-32.46M	-32.14M	-2.23M	-2.06M	-57.27M
Other Financing Activities, Total	-168M	-242M	-47.52M	-105M	-83.46M
Cash from Financing	149M	-269M	-70.49M	375M	-170M
Miscellaneous Cash Flow Adjustments	-	-	-13	-	-
Net Change in Cash	475M	23.16M	127M	487M	3.84M
Supplemental Items
Cash Income Tax Paid (Refund)	162M	193M	209M	209M	234M
Levered Free Cash Flow	153M	136M	119M	48.51M	173M
Unlevered Free Cash Flow	156M	142M	124M	53.32M	179M
Change In Net Working Capital	58.3M	97.18M	36.14M	112M	-30.04M
Net Debt Issued / Repaid	-9.4M	4.85M	-20.75M	-31.76M	-29.72M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	10.55	7.98	7.54	7.26	6.28
Return on Total Capital	14.58	10.2	9.34	8.76	7.58
Return On Equity %	20.47	13.19	13.51	11.46	9.81
Return on Common Equity	17.04	9.73	10.61	8.33	7.16
Margin Analysis
Gross Profit Margin %	26.04	23.74	22.9	24.65	24.58
SG&A Margin	8.98	9.23	8.72	8.82	9.05
EBITDA Margin %	21.03	17.59	16.45	17.62	16.67
EBITA Margin %	16.82	13.66	12.92	14.22	13.45
EBIT Margin %	16.54	13.39	12.66	13.91	13.16
Income From Continuing Operations Margin %	13.39	9.95	10.4	10.56	9.94
Net Income Margin %	5.8	4.24	4.75	4.76	4.72
Net Avail. For Common Margin %	5.8	4.24	4.75	4.76	4.72
Normalized Net Income Margin	3.03	2.84	2.76	3.4	3.45
Levered Free Cash Flow Margin	7.43	6.2	4.99	1.95	6.5
Unlevered Free Cash Flow Margin	7.57	6.45	5.21	2.15	6.72
Asset Turnover
Asset Turnover	1.02	0.95	0.95	0.83	0.76
Fixed Assets Turnover	2.79	2.97	3.18	3.28	3.12
Receivables Turnover (Average Receivables)	18.33	15.87	12.19	8.9	7.2
Inventory Turnover (Average Inventory)	169.01	105.23	66.89	32.59	25.77
Short Term Liquidity
Current Ratio	1.94	2.27	2.55	3.42	2.85
Quick Ratio	1.84	2.15	2.44	3.23	2.7
Operating Cash Flow to Current Liabilities	0.72	0.67	0.58	0.5	0.52
Days Sales Outstanding (Average Receivables)	19.97	23	29.95	41.03	50.82
Days Outstanding Inventory (Average Inventory)	2.17	3.47	5.46	11.2	14.2
Average Days Payable Outstanding	18.59	12.48	13.66	16.38	24.94
Cash Conversion Cycle (Average Days)	3.55	13.99	21.74	35.85	40.08
Long Term Solvency
Total Debt/Equity	5.64	11.65	8.64	6.88	7.15
Total Debt / Total Capital	5.34	10.44	7.95	6.44	6.67
LT Debt/Equity	0.82	6.92	5.04	4.11	3.4
Long-Term Debt / Total Capital	0.77	6.2	4.64	3.85	3.17
Total Liabilities / Total Assets	28.07	28.12	25.25	21.37	23.78
EBIT / Interest Expense	77.14	32.7	35.85	44.96	37.17
EBITDA / Interest Expense	98.04	46.08	50.09	60.49	50.63
(EBITDA - Capex) / Interest Expense	74.57	37.46	30.71	36.01	27.53
Total Debt / EBITDA	0.21	0.48	0.4	0.39	0.41
Net Debt / EBITDA	-2.04	-1.92	-2.27	-3.07	-3
Total Debt / (EBITDA - Capex)	0.27	0.59	0.65	0.65	0.76
Net Debt / (EBITDA - Capex)	-2.68	-2.37	-3.7	-5.16	-5.51
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.43	6.46	8.29	4.44	6.93
Gross Profit, 1 Yr. Growth %	34.15	-2.95	4.48	12.41	6.6
EBITDA, 1 Yr. Growth %	39.58	-10.58	1.32	10.53	1.16
EBITA, 1 Yr. Growth %	54.83	-13.08	2.41	13.26	1.17
EBIT, 1 Yr. Growth %	55.82	-13.36	2.4	12.97	1.4
Earnings From Cont. Operations, 1 Yr. Growth %	77.89	-20.87	13.2	5.72	0.63
Net Income, 1 Yr. Growth %	89.21	-22.14	21.05	4.23	6.12
Normalized Net Income, 1 Yr. Growth %	26.89	1.55	5.23	24.13	9.5
Diluted EPS Before Extra, 1 Yr. Growth %	-	-39.27	20.69	4.26	-20.41
Accounts Receivable, 1 Yr. Growth %	10.42	33.72	46.03	42.96	24.67
Inventory, 1 Yr. Growth %	47.99	95.43	60.34	140.14	-8.24
Net Property, Plant and Equip., 1 Yr. Growth %	-6.59	6.8	-4.15	7	17.24
Total Assets, 1 Yr. Growth %	23.43	6.37	10.08	27.92	8.21
Tangible Book Value, 1 Yr. Growth %	156.25	12.87	14.15	57.33	4.04
Common Equity, 1 Yr. Growth %	86.63	9.43	12.49	52.39	4.52
Cash From Operations, 1 Yr. Growth %	60.13	-16.78	-10.69	-6.68	31.35
Capital Expenditures, 1 Yr. Growth %	-37.03	-25.38	110.03	15.6	15.39
Levered Free Cash Flow, 1 Yr. Growth %	313.5	-10.53	-12.86	-60.11	260.07
Unlevered Free Cash Flow, 1 Yr. Growth %	280.17	-8.5	-12.61	-57.97	238.42
Dividend Per Share, 1 Yr. Growth %	2.78	-	-	-	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.32	5.94	7.37	6.35	5.68
Gross Profit, 2 Yr. CAGR %	23.44	14.1	0.7	8.38	9.47
EBITDA, 2 Yr. CAGR %	22.18	11.53	-4.82	6.46	5.73
EBITA, 2 Yr. CAGR %	38.67	15.77	-5.65	8.52	7.03
EBIT, 2 Yr. CAGR %	39.35	15.95	-5.81	8.38	6.89
Earnings From Cont. Operations, 2 Yr. CAGR %	56.48	18.64	-5.36	9.56	3.14
Net Income, 2 Yr. CAGR %	76.82	21.38	-2.92	12.6	5.17
Normalized Net Income, 2 Yr. CAGR %	32.16	12.65	3.37	16.37	16.11
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-14.39	12.57	-8.91
Accounts Receivable, 2 Yr. CAGR %	14.92	21.51	39.74	44.49	33.5
Inventory, 2 Yr. CAGR %	36.1	70.07	77.02	96.23	48.44
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.07	-0.12	1.17	1.27	12
Total Assets, 2 Yr. CAGR %	8.12	14.58	8.21	18.6	17.65
Tangible Book Value, 2 Yr. CAGR %	62.46	70.07	13.51	33.86	27.94
Common Equity, 2 Yr. CAGR %	41.53	42.91	10.95	30.81	26.21
Cash From Operations, 2 Yr. CAGR %	34.91	15.44	-13.79	-8.71	10.71
Capital Expenditures, 2 Yr. CAGR %	-24.6	-31.45	25.19	55.82	15.5
Levered Free Cash Flow, 2 Yr. CAGR %	-	92.06	-11.7	-40.32	19.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	86.2	-10.58	-38.69	18.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	6.37	6.72	6.38	6.54
Gross Profit, 3 Yr. CAGR %	-	13.93	10.8	4.46	7.78
EBITDA, 3 Yr. CAGR %	-	9.95	8.01	0.44	4.66
EBITA, 3 Yr. CAGR %	-	18.47	11.13	0.78	6
EBIT, 3 Yr. CAGR %	-	18.72	11.24	0.59	5.91
Earnings From Cont. Operations, 3 Yr. CAGR %	-	24.67	16.8	-1.7	6.5
Net Income, 3 Yr. CAGR %	-	34.52	21.27	-0.43	10.4
Normalized Net Income, 3 Yr. CAGR %	-	20.3	10.12	11.2	13.72
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-8.36	0.29
Accounts Receivable, 3 Yr. CAGR %	-	20.87	29.19	40.8	37.55
Inventory, 3 Yr. CAGR %	-	53.55	66.76	95.96	52.31
Net Property, Plant and Equip., 3 Yr. CAGR %	-	0.8	-1.48	3.08	6.34
Total Assets, 3 Yr. CAGR %	-	7.54	13.06	14.37	15.03
Tangible Book Value, 3 Yr. CAGR %	-	43.89	48.9	26.46	23.07
Common Equity, 3 Yr. CAGR %	-	29.9	31.95	23.26	21.39
Cash From Operations, 3 Yr. CAGR %	-	14.84	5.98	-11.48	3.06
Capital Expenditures, 3 Yr. CAGR %	-	-24.86	-0.44	21.91	40.97
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	47.58	-31.7	8.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	44.7	-29.93	7.98
Dividend Per Share, 3 Yr. CAGR %	-	-	-	138.19	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	6.36	6.3
Gross Profit, 5 Yr. CAGR %	-	-	-	11.68	10.26
EBITDA, 5 Yr. CAGR %	-	-	-	8.54	7.35
EBITA, 5 Yr. CAGR %	-	-	-	14.38	9.81
EBIT, 5 Yr. CAGR %	-	-	-	14.47	9.82
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	18.39	11.2
Net Income, 5 Yr. CAGR %	-	-	-	25.28	14.66
Normalized Net Income, 5 Yr. CAGR %	-	-	-	18.71	13.29
Accounts Receivable, 5 Yr. CAGR %	-	-	-	29.82	30.9
Inventory, 5 Yr. CAGR %	-	-	-	69.37	59.18
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	0.99	3.7
Total Assets, 5 Yr. CAGR %	-	-	-	11.83	14.85
Tangible Book Value, 5 Yr. CAGR %	-	-	-	39.79	40.07
Common Equity, 5 Yr. CAGR %	-	-	-	30.26	29.58
Cash From Operations, 5 Yr. CAGR %	-	-	-	4.77	7.85
Capital Expenditures, 5 Yr. CAGR %	-	-	-	0.59	5.65
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	36.14
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	34.28
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	69.25