Cash flow Xiamen Guang Pu Electronics Co., Ltd.

Equities

300632

CNE100002N36

Electrical Components & Equipment

End-of-day quote Shenzhen S.E. Other stock markets 2024-09-20			5-day change	1st Jan Change
8.860 ^CNY	-0.34%		-2.53%	-29.79%

Aug. 27	Xiamen Guang Pu Electronics Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024	CI
Jul. 26	Xiamen Guang Pu Electronics Co., Ltd. Approves Board Elections	CI

155604e4e.SEIzx4-ftZI7wd2CPuiRN0H3XlZ4p19SfVoO6zACcC0.LwNB89jvx8Npk6Taabn0YzW-cx87l28kPjVWmQlgJkQvFlSiy-fWvwme6Q

Published financial data: XIAMEN GUANG PU ELECTRONICS CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	961M	925M	984M	782M	875M
Other Revenues, Total	21.97M	39.06M	30.17M	44.55M	19.28M
Total Revenues	983M	964M	1.01B	826M	894M
Cost of Goods Sold, Total	624M	648M	754M	594M	652M
Gross Profit	359M	316M	260M	232M	242M
Selling General & Admin Expenses, Total	112M	104M	119M	135M	148M
Provision for Bad Debts	2.52M	731K	11.91M	-248K	6.44M
R&D Expenses	46.47M	48.53M	55.55M	57.33M	62.52M
Other Operating Expenses	9.04M	5.28M	5.23M	6.24M	-910K
Other Operating Expenses, Total	170M	159M	192M	198M	216M
Operating Income	190M	158M	68.75M	33.99M	25.82M
Interest Expense, Total	-6.8M	-3.38M	-2.74M	-9.38M	-10.52M
Interest And Investment Income	7.36M	14.83M	41.54M	2.17M	45.41M
Net Interest Expenses	562K	11.45M	38.8M	-7.21M	34.9M
Currency Exchange Gains (Loss)	3.42M	-19.01M	-6.28M	29.29M	14.14M
Other Non Operating Income (Expenses)	-767K	-906K	-2.21M	-895K	-542K
EBT, Excl. Unusual Items	193M	149M	99.06M	55.18M	74.31M
Impairment of Goodwill	-	-	-26.52M	-9.58M	-
Gain (Loss) On Sale Of Investments	1.02M	5.81M	4.73M	3.47M	12.11M
Gain (Loss) On Sale Of Assets	-27.76K	-	349K	-512K	-242K
Asset Writedown	-48.66K	-1.32M	-226K	-986K	-47.77K
Legal Settlements	-	-	581K	-	-
Other Unusual Items	10.88M	8.82M	19.42M	12.34M	7.14M
EBT, Incl. Unusual Items	205M	162M	97.41M	59.9M	93.28M
Income Tax Expense	27.61M	22.31M	15.61M	7.73M	4.98M
Earnings From Continuing Operations	177M	140M	81.79M	52.17M	88.3M
Net Income to Company	177M	140M	81.79M	52.17M	88.3M
Minority Interest	-3.79M	-4.66M	-1.2M	341K	990K
Net Income - (IS)	173M	135M	80.59M	52.51M	89.29M
Net Income to Common Incl Extra Items	173M	135M	80.59M	52.51M	89.29M
Net Income to Common Excl. Extra Items	173M	135M	80.59M	52.51M	89.29M
Per Share Items
Net EPS - Basic	0.74	0.53	0.26	0.17	0.29
Basic EPS - Continuing Operations	0.74	0.53	0.26	0.17	0.29
Basic Weighted Average Shares Outstanding	235M	256M	310M	309M	305M
Net EPS - Diluted	0.73	0.53	0.26	0.17	0.29
Diluted EPS - Continuing Operations	0.73	0.53	0.26	0.17	0.29
Diluted Weighted Average Shares Outstanding	237M	256M	310M	309M	305M
Normalized Basic EPS	0.5	0.35	0.2	0.11	0.16
Normalized Diluted EPS	0.49	0.35	0.2	0.11	0.16
Dividend Per Share	0.19	0.1	0.05	0.05	0.2
Payout Ratio	8.93	39.65	47.5	49.72	27.32
Supplemental Items
EBITDA	207M	176M	89.91M	59.49M	60.07M
EBITA	190M	158M	69.17M	34.54M	26.24M
EBIT	190M	158M	68.75M	33.99M	25.82M
EBITDAR	207M	177M	90.2M	59.91M	62.63M
Total Revenues (As Reported)	983M	964M	1.01B	826M	894M
Effective Tax Rate - (Ratio)	13.49	13.74	16.03	12.9	5.34
Total Current Taxes	28.71M	20.41M	-	11.45M	14.63M
Total Deferred Taxes	-1.09M	1.9M	-	-3.72M	-9.66M
Normalized Net Income	117M	88.52M	60.71M	34.83M	47.43M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	-	-	-	-	794K
Non-Cash Pension Expense	215K	623K	749K	717K	699K
Supplemental Operating Expense Items
Advertising Expense	25.28M	21.08M	31.76M	43.08M	46.56M
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	71.28M	50.74M	72.03M	85.01M	98.22M
General and Administrative Expenses	40.26M	53.33M	47M	49.94M	49.99M
Research And Development Expense From Footnotes	46.47M	48.53M	55.55M	57.33M	62.52M
Net Rental Expense, Total	286K	286K	286K	418K	2.56M
Imputed Operating Lease Interest Expense	65.61K	52.7K	40.49K	105K	572K
Imputed Operating Lease Depreciation	220K	233K	245K	313K	1.99M
Stock-Based Comp., R&D Exp. (Total)	3.69M	437K	-	-	-
Stock-Based Comp., S&M Exp. (Total)	2.04M	308K	-	-	-
Stock-Based Comp., G&A Exp. (Total)	3.01M	603K	-	160K	-
Stock-Based Comp., Other (Total)	835K	349K	-	-	-
Total Stock-Based Compensation	9.58M	1.7M	-	160K	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	513M	840M	990M	444M	642M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	83.92M	884M	550M	1.16B	857M
Total Cash And Short Term Investments	597M	1.72B	1.54B	1.6B	1.5B
Accounts Receivable, Total	275M	246M	258M	190M	196M
Other Receivables	27.47M	10.32M	35.72M	25.08M	12.08M
Total Receivables	303M	256M	293M	215M	208M
Inventory	80.58M	110M	162M	153M	146M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	23.14M	25.75M	22.44M	37.56M	42.34M
Total Current Assets	1B	2.12B	2.02B	2.01B	1.9B
Gross Property Plant And Equipment	276M	311M	437M	533M	608M
Accumulated Depreciation	-92.65M	-104M	-129M	-146M	-185M
Net Property Plant And Equipment	184M	207M	308M	387M	423M
Long-term Investments	-	7.5M	76.46M	104M	209M
Goodwill	36.1M	36.1M	9.58M	-	-
Other Intangibles, Total	12.59M	12.41M	14.13M	13.4M	14.8M
Deferred Tax Assets Long-Term	4.54M	2.63M	6.78M	10.58M	19.49M
Deferred Charges Long-Term	5.03M	6.13M	13.24M	9.64M	10.69M
Other Long-Term Assets, Total	38.59M	40.61M	75.76M	57.14M	26.39M
Total Assets	1.28B	2.43B	2.52B	2.59B	2.6B
Liabilities
Accounts Payable, Total	229M	294M	279M	171M	247M
Accrued Expenses, Total	23.5M	24.46M	27.1M	22.52M	26.9M
Short-term Borrowings	167M	126M	109M	226M	193M
Current Portion of Long-Term Debt	-	-	-	94.64M	41.42M
Current Portion of Leases	-	-	7.4M	10.07M	8.99M
Current Income Taxes Payable	11.4M	7.02M	8.45M	3.29M	7.55M
Unearned Revenue Current, Total	6.99M	12.51M	15.91M	24.07M	24.34M
Other Current Liabilities	31.9M	27.45M	23.27M	35.03M	16.74M
Total Current Liabilities	470M	491M	470M	586M	565M
Long-Term Debt	-	-	58.52M	73.28M	82.41M
Long-Term Leases	-	-	7.96M	12.51M	11.36M
Unearned Revenue Non Current	6.16M	7.82M	13.07M	11.31M	10.13M
Deferred Tax Liability Non Current	-	-	747K	826K	84.08K
Other Non Current Liabilities	-	1.99M	-	-	-
Total Liabilities	476M	501M	550M	684M	669M
Common Stock, Total	183M	307M	306M	305M	305M
Additional Paid In Capital	152M	1.05B	1.04B	1.03B	1.03B
Retained Earnings	485M	574M	624M	661M	736M
Treasury Stock	-20.31M	-11.08M	-5.14M	-99.92M	-150M
Comprehensive Income and Other	-408K	-432K	669K	-20.16K	1.38M
Total Common Equity	799M	1.92B	1.96B	1.9B	1.93B
Minority Interest	8.95M	9.69M	6.97M	4.18M	3.19M
Total Equity	808M	1.93B	1.97B	1.9B	1.93B
Total Liabilities And Equity	1.28B	2.43B	2.52B	2.59B	2.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	238M	307M	306M	297M	287M
ECS Total Common Shares Outstanding	238M	307M	306M	297M	293M
Book Value / Share	3.36	6.24	6.41	6.39	6.57
Tangible Book Value	750M	1.87B	1.94B	1.89B	1.91B
Tangible Book Value Per Share	3.15	6.08	6.34	6.35	6.52
Total Debt	167M	126M	183M	416M	337M
Net Debt	-430M	-1.6B	-1.36B	-1.19B	-1.16B
Debt Equivalent Oper. Leases	2.29M	2.29M	2.29M	3.34M	20.49M
Minority Interest, Total (Incl. Fin. Div)	8.95M	9.69M	6.97M	4.18M	3.19M
Equity Method Investments, Total	-	7.5M	73.96M	60.05M	75.15M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	25.52M	38.22M	52.63M	58.61M	53.31M
Inventories - Work In Process, Total	8.91M	9.8M	14.78M	10.78M	8.37M
Inventories - Finished Goods, Total	49.89M	64.61M	110M	95.49M	109M
Inventories - Others	1.45M	2.67M	1.91M	1.48M	2.02M
Buildings, Total	156M	159M	171M	180M	191M
Machinery, Total	120M	151M	186M	276M	368M
Full Time Employees	1.45K	-	1.54K	1.16K	1.44K
Accumulated Allowance for Doubtful Accounts (Supple)	8.73M	8.72M	19.96M	17.52M	22.57M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	173M	135M	80.59M	52.51M	89.29M
Depreciation & Amortization - CF	16.88M	18.33M	29.42M	34.29M	43.13M
Amortization of Goodwill and Intangible Assets - (CF)	418K	418K	418K	550K	418K
Depreciation & Amortization, Total	17.3M	18.75M	29.83M	34.84M	43.55M
Amortization of Deferred Charges, Total - (CF)	1.16M	1.89M	6.22M	8.61M	4.43M
(Gain) Loss From Sale Of Asset	27.76K	-	-349K	512K	242K
(Gain) Loss on Sale of Investments - (CF)	-5.85M	-16.02M	-41.68M	-3.47M	-52.59M
Asset Writedown & Restructuring Costs	4.29M	4.28M	26.76M	10.57M	47.77K
Provision and Write-off of Bad Debts	-	731K	-	-	-
Other Operating Activities, Total	10.31M	16.32M	17.16M	-3.47M	16.14M
Change In Accounts Receivable	-28.73M	22.05M	-47.87M	56.78M	-4.29M
Change In Inventories	-10.13M	-29.52M	-63.9M	5.71M	-8.19M
Change In Accounts Payable	55.24M	82.28M	-7.41M	-97.08M	67.58M
Change In Deferred Taxes	-1.09M	1.9M	-3.4M	-3.72M	-9.66M
Change in Other Net Operating Assets	2.52M	-	11.91M	-248K	6.74M
Cash from Operations	218M	238M	7.87M	61.55M	153M
Capital Expenditure	-26.41M	-53.16M	-156M	-82.29M	-50.8M
Sale of Property, Plant, and Equipment	-	109K	829K	2.87M	884K
Cash Acquisitions	-	-	-	-	-
Divestitures	8.01M	18.46M	-	-	-
Investment in Marketable and Equity Securities, Total	-97.9M	-803M	263M	-661M	216M
Other Investing Activities, Total	49.53M	11.22M	40.93M	33.76M	31.14M
Cash from Investing	-66.77M	-826M	149M	-707M	197M
Short Term Debt Issued, Total	409M	196M	-	-	3M
Long-Term Debt Issued, Total	-	-	208M	406M	287M
Total Debt Issued	409M	196M	208M	406M	290M
Short Term Debt Repaid, Total	-548M	-233M	-	-	-3M
Long-Term Debt Repaid, Total	-	-	-175M	-192M	-375M
Total Debt Repaid	-548M	-233M	-175M	-192M	-378M
Issuance of Common Stock	20.41M	1.02B	-	-	-
Repurchase of Common Stock	-	-876K	-5.97M	-106M	-50.02M
Common Dividends Paid	-15.48M	-53.7M	-38.28M	-26.11M	-24.4M
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-15.48M	-53.7M	-38.28M	-26.11M	-24.4M
Other Financing Activities, Total	29.94M	46.35M	4.36M	-11.24M	18.55M
Cash from Financing	-105M	973M	-7.35M	70.67M	-144M
Foreign Exchange Rate Adjustments	351K	-11.82M	2.05M	16.45M	10.34M
Net Change in Cash	47.37M	373M	151M	-558M	217M
Supplemental Items
Cash Interest Paid	-	890K	2.19M	1.06M	-
Cash Income Tax Paid (Refund)	-8.09M	-4.79M	-2.11M	3.85M	-19.02M
Levered Free Cash Flow	177M	143M	-176M	-49.38M	82.92M
Unlevered Free Cash Flow	181M	145M	-175M	-43.52M	89.49M
Change In Net Working Capital	-60.67M	-76.98M	97.54M	26.08M	-76.18M
Net Debt Issued / Repaid	-139M	-36.9M	32.54M	214M	-87.87M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	9.51	5.31	1.74	0.83	0.62
Return on Total Capital	12.41	6.51	2.04	0.95	0.7
Return On Equity %	24.65	10.25	4.2	2.69	4.61
Return on Common Equity	24.36	9.98	4.15	2.72	4.67
Margin Analysis
Gross Profit Margin %	36.55	32.79	25.68	28.11	27.06
SG&A Margin	11.35	10.79	11.74	16.33	16.57
EBITDA Margin %	21.05	18.28	8.87