Income Statement Capinfo Company Limited

Equities

1075

CNE100006K27

IT Services & Consulting

Market Closed - Hong Kong S.E. Other stock markets 04:08:05 2024-09-13 EDT			5-day change	1st Jan Change
1.780 ^HKD	+3.49%		-5.32%	-45.23%

08-29	Capinfo Company Limited Reports Earnings Results for the Half Year Ended June 30, 2024	CI
08-22	Capinfo Expects to Turn to loss as of June 30	MT

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Published financial data: CAPINFO COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.32B	1.39B	1.41B	1.4B	1.41B
Other Revenues, Total	14.98M	16.41M	18.15M	20.01M	15.69M
Total Revenues	1.33B	1.41B	1.43B	1.42B	1.43B
Cost of Goods Sold, Total	876M	917M	917M	890M	1.03B
Gross Profit	456M	494M	509M	533M	399M
Selling General & Admin Expenses, Total	217M	241M	266M	255M	276M
Provision for Bad Debts	19.43M	10.19M	14.37M	31.44M	4.15M
R&D Expenses	80.49M	100M	123M	137M	135M
Other Operating Expenses	4.26M	5.48M	-2.31M	-2.63M	2.34M
Other Operating Expenses, Total	322M	357M	401M	421M	417M
Operating Income	134M	136M	108M	113M	-18.38M
Interest Expense, Total	-3.62M	-2.95M	-2.87M	-2.37M	-951K
Interest And Investment Income	38.47M	38.59M	48.39M	41.79M	10.4M
Net Interest Expenses	34.85M	35.64M	45.52M	39.43M	9.45M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	580K	-2.01M	-1.16M	5.27M	764K
Other Non Operating Income (Expenses)	-92.13K	-109K	-225K	-438K	1.44K
EBT, Excl. Unusual Items	169M	170M	152M	157M	-8.16M
Impairment of Goodwill	-13.51M	-13.95M	-108M	-	-
Gain (Loss) On Sale Of Investments	-	-	-	3.8M	-4.97M
Gain (Loss) On Sale Of Assets	-1.29M	146K	3.57M	14.8K	-5.83M
Asset Writedown	-	-	-	-	-71.26M
Other Unusual Items	-2.4M	-1.26M	-2.36M	-120K	-6.96K
EBT, Incl. Unusual Items	152M	155M	45.64M	161M	-90.23M
Income Tax Expense	16.47M	17.62M	15.78M	20.09M	-28.14M
Earnings From Continuing Operations	136M	137M	29.86M	141M	-62.09M
Net Income to Company	136M	137M	29.86M	141M	-62.09M
Minority Interest	-8.16M	-9.79M	-11.51M	-12.12M	-10.81M
Net Income - (IS)	128M	127M	18.35M	128M	-72.91M
Net Income to Common Incl Extra Items	128M	127M	18.35M	128M	-72.91M
Net Income to Common Excl. Extra Items	128M	127M	18.35M	128M	-72.91M
Per Share Items
Net EPS - Basic	0.44	0.44	0.06	0.44	-0.25
Basic EPS - Continuing Operations	0.44	0.44	0.06	0.44	-0.25
Basic Weighted Average Shares Outstanding	290M	290M	290M	290M	290M
Net EPS - Diluted	0.44	0.44	0.06	0.44	-0.25
Diluted EPS - Continuing Operations	0.44	0.44	0.06	0.44	-0.25
Diluted Weighted Average Shares Outstanding	290M	290M	290M	290M	290M
Normalized Basic EPS	0.34	0.33	0.29	0.3	-0.05
Normalized Diluted EPS	0.34	0.33	0.29	0.3	-0.05
Dividend Per Share	0.2	0.2	0.03	0.18	-
Payout Ratio	22.02	43.4	333.98	25.16	-83.98
Supplemental Items
EBITDA	187M	178M	155M	165M	47.99M
EBITA	134M	136M	108M	113M	-18.38M
EBIT	134M	136M	108M	113M	-18.38M
EBITDAR	210M	206M	176M	188M	52.8M
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	10.81	11.37	34.58	12.5	31.19
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	24.86M	25.38M	17.51M	26.33M	3.34M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-8.39M	-7.76M	-1.73M	-6.24M	-31.48M
Normalized Net Income	97.76M	96.44M	83.63M	86.01M	-15.92M
Interest on Long-Term Debt	3.62M	2.95M	2.87M	2.48M	1.14M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	110M	116M	131M	111M	110M
General and Administrative Expenses	84.64M	97.15M	115M	121M	162M
Research And Development Expense From Footnotes	80.49M	100M	123M	137M	135M
Net Rental Expense, Total	23.17M	28.17M	20.09M	22.48M	4.82M
Imputed Operating Lease Interest Expense	1.64M	2.29M	1.58M	1.5M	122K
Imputed Operating Lease Depreciation	21.53M	25.88M	18.51M	20.98M	4.69M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	851M	827M	1.04B	901M	773M
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	-	200M	-	-	-
Total Cash And Short Term Investments	851M	1.03B	1.04B	901M	773M
Accounts Receivable, Total	363M	396M	389M	477M	488M
Other Receivables	94.22M	84.98M	67.82M	66.76M	73.56M
Total Receivables	457M	481M	456M	544M	561M
Inventory	327M	259M	227M	217M	121M
Restricted Cash	24.45M	21.33M	22.37M	22.03M	40.95M
Other Current Assets, Total	75.55M	136M	124M	77.09M	95.79M
Total Current Assets	1.74B	1.92B	1.87B	1.76B	1.59B
Gross Property Plant And Equipment	686M	736M	764M	877M	649M
Accumulated Depreciation	-549M	-607M	-631M	-709M	-496M
Net Property Plant And Equipment	136M	128M	133M	168M	153M
Long-term Investments	186M	203M	243M	387M	288M
Goodwill	122M	108M	-	-	-
Other Intangibles, Total	19.05M	24.65M	24.12M	46.72M	163M
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	50.69M	57.92M	56.76M	62.53M	104M
Deferred Charges Long-Term	31.35M	25.97M	28.3M	91.84M	70.87M
Other Long-Term Assets, Total	33.98M	30.19M	26.57M	22.95M	126M
Total Assets	2.31B	2.5B	2.38B	2.54B	2.5B
Liabilities
Accounts Payable, Total	-	290M	297M	348M	401M
Accrued Expenses, Total	86.41M	113M	111M	127M	119M
Short-term Borrowings	427M	228M	238M	243M	296M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	21.76M	26.45M	28.19M	28.6M	8.9M
Current Income Taxes Payable	23.62M	23.47M	20.71M	24.73M	12.7M
Unearned Revenue Current, Total	465M	421M	342M	336M	316M
Other Current Liabilities	87.16M	105M	121M	104M	109M
Total Current Liabilities	1.11B	1.21B	1.16B	1.21B	1.26B
Long-Term Leases	39.29M	37.25M	25.91M	3.58M	19.2M
Unearned Revenue Non Current	8.75M	9.84M	2.07M	1.83M	254K
Deferred Tax Liability Non Current	6.68M	6.15M	3.25M	2.78M	12.58M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	1.17B	1.26B	1.19B	1.22B	1.29B
Common Stock, Total	290M	290M	290M	290M	290M
Additional Paid In Capital	254M	259M	259M	259M	259M
Retained Earnings	531M	601M	562M	682M	559M
Comprehensive Income and Other	31.14M	31.17M	31.21M	31.41M	37.32M
Total Common Equity	1.11B	1.18B	1.14B	1.26B	1.14B
Minority Interest	42.76M	62.58M	46.53M	58.65M	57.86M
Total Equity	1.15B	1.24B	1.19B	1.32B	1.2B
Total Liabilities And Equity	2.31B	2.5B	2.38B	2.54B	2.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	290M	290M	290M	290M	290M
ECS Total Common Shares Outstanding	290M	290M	290M	290M	290M
Book Value / Share	3.82	4.08	3.94	4.36	3.95
Tangible Book Value	965M	1.05B	1.12B	1.22B	982M
Tangible Book Value Per Share	3.33	3.62	3.86	4.2	3.39
Total Debt	488M	292M	292M	275M	324M
Net Debt	-363M	-735M	-745M	-626M	-449M
Debt Equivalent Oper. Leases	185M	225M	161M	180M	38.53M
Minority Interest, Total (Incl. Fin. Div)	42.76M	62.58M	46.53M	58.65M	57.86M
Equity Method Investments, Total	184M	201M	227M	246M	237M
Account Code - Inventory Valuation	8	6	6	6	6
Inventories - Work In Process, Total	314M	248M	215M	202M	121M
Inventories - Finished Goods, Total	35.04M	32.92M	12.35M	15.78M	228K
Machinery, Total	565M	582M	637M	740M	496M
Full Time Employees	1.79K	1.74K	1.81K	1.82K	1.62K
Accumulated Allowance for Doubtful Accounts (Supple)	131M	141M	157M	189M	193M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	128M	127M	18.35M	128M	-72.91M
Depreciation & Amortization - CF	75.17M	67.52M	77.92M	82.53M	97.74M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	75.17M	67.52M	77.92M	82.53M	97.74M
Amortization of Deferred Charges, Total - (CF)	22.98M	18.96M	25.15M	28.32M	31.08M
(Gain) Loss From Sale Of Asset	1.29M	-146K	-3.57M	-14.8K	64.64M
(Gain) Loss on Sale of Investments - (CF)	-32.72M	-29.66M	-33.57M	-32.16M	4.97M
Asset Writedown & Restructuring Costs	13.55M	14.17M	107M	-	12.46M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	19.43M	9.99M	15.34M	31.44M	4.15M
Other Operating Activities, Total	7.57M	16.8M	15.54M	9.36M	-62.38M
Change In Accounts Receivable	-27.68M	-83.4M	75.11M	-118M	-4.51M
Change In Inventories	1.97M	68.13M	31.63M	10.15M	96.26M
Change In Accounts Payable	-69.23M	84.13M	-136M	70.56M	85.09M
Change in Unearned Revenues	-	-	-	-	-
Change In Deferred Taxes	-8.39M	-7.76M	-1.73M	-6.24M	-31.48M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	132M	286M	191M	204M	225M
Capital Expenditure	-67.04M	-44.4M	-76.59M	-168M	-255M
Sale of Property, Plant, and Equipment	-	146K	192	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	331K
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-2M	-	-13.8M	-17.53M	-12.63M
Other Investing Activities, Total	213M	-188M	208M	-94.26M	5M
Cash from Investing	144M	-232M	118M	-280M	-263M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Common Dividends Paid	-28.11M	-55.33M	-61.27M	-32.33M	-61.23M
Common & Preferred Stock Dividends Paid	-28.11M	-55.33M	-61.27M	-32.33M	-61.23M
Other Financing Activities, Total	-23.83M	-19.1M	-35.98M	-32.71M	-30.1M
Cash from Financing	-51.94M	-74.42M	-97.25M	-65.04M	-91.33M
Foreign Exchange Rate Adjustments	583K	-4.06M	-1.37M	5.27M	764K
Net Change in Cash	224M	-24.18M	210M	-136M	-128M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	72.46M	67.2M	57.2M	47.19M	41.76M
Levered Free Cash Flow	-90.75M	178M	79.31M	5.69M	-79.44M
Unlevered Free Cash Flow	-88.49M	180M	81.11M	7.17M	-78.84M
Change In Net Working Capital	203M	-52.44M	12.93M	5.66M	-59.3M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.71	3.54	2.77	2.86	-0.46
Return on Total Capital	5.58	5.73	4.48	4.58	-0.74
Return On Equity %	12.4	11.48	2.45	11.2	-4.92
Return on Common Equity	12.09	11.15	1.58	10.69	-6.06
Margin Analysis
Gross Profit Margin %	34.23	35.01	35.71	37.49	27.99
SG&A Margin	16.33	17.12	18.67	17.89	19.38
EBITDA Margin %	14.03	12.59	10.89	11.61	3.37
EBITA Margin %	10.07	9.67	7.58	7.92	-1.29
EBIT Margin %	10.07	9.67	7.58	7.92	-1.29
Income From Continuing Operations Margin %	10.2	9.73	2.09	9.88	-4.36
Net Income Margin %	9.59	9.04	1.29	9.03	-5.11
Net Avail. For Common Margin %	9.59	9.04	1.29	9.03	-5.11
Normalized Net Income Margin	7.34	6.84	5.86	6.04	-1.12
Levered Free Cash Flow Margin	-6.82	12.62	5.56	0.4	-5.57
Unlevered Free Cash Flow Margin	-6.65	12.75	5.68	0.5	-5.53
Asset Turnover
Asset Turnover	0.59	0.59	0.58	0.58	0.57
Fixed Assets Turnover	12.96	10.66	10.94	9.47	8.9
Receivables Turnover (Average Receivables)	3.63	3.67	3.59	3.24	2.92
Inventory Turnover (Average Inventory)	2.67	3.13	3.77	4	6.07
Short Term Liquidity
Current Ratio	1.56	1.6	1.61