See more : Full Alliance Group, Inc. (FAGI) Income Statement Analysis – Financial Results
Complete financial analysis of Xtep International Holdings Limited (XTPEF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Xtep International Holdings Limited, a leading company in the Apparel – Retail industry within the Consumer Cyclical sector.
- Unishire Urban Infra Limited (UNISHIRE.BO) Income Statement Analysis – Financial Results
- Doha Bank Q.P.S.C. (DHBK.QA) Income Statement Analysis – Financial Results
- Liberty Resources Acquisition Corp. (LIBY) Income Statement Analysis – Financial Results
- Beijing North Star Company Limited (0588.HK) Income Statement Analysis – Financial Results
- Anhui Fengyuan Pharmaceutical Co., Ltd. (000153.SZ) Income Statement Analysis – Financial Results
Xtep International Holdings Limited (XTPEF)
About Xtep International Holdings Limited
Xtep International Holdings Limited engages in the design, development, manufacture, sale, marketing, and brand management of sports footwear, apparel, and accessories. The company operates in three segments: Mass Market, Athleisure, and Professional Sports. It sells its products primarily under the Xtep brand, as well as K-Swiss, Palladium, Saucony, and Merrell brand names. The company also trades in sportswear products. It offers its products through a distribution network of approximately 6,100 stores covering 31 provinces, autonomous regions, and municipalities in the People's Republic of China and internationally, as well as through online. The company was founded in 1999 and is headquartered in Xiamen, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.35B | 12.93B | 10.01B | 8.17B | 8.18B | 6.38B | 5.11B | 5.40B | 5.30B | 4.78B | 4.34B | 5.55B | 5.54B | 4.46B | 3.55B | 2.87B | 1.36B |
| Cost of Revenue | 8.30B | 7.64B | 5.84B | 4.97B | 4.63B | 3.55B | 2.87B | 3.07B | 3.06B | 2.83B | 2.60B | 3.29B | 3.28B | 2.65B | 2.16B | 1.80B | 921.80M |
| Gross Profit | 6.05B | 5.29B | 4.18B | 3.20B | 3.55B | 2.83B | 2.24B | 2.33B | 2.24B | 1.95B | 1.75B | 2.26B | 2.26B | 1.81B | 1.39B | 1.06B | 443.14M |
| Gross Profit Ratio | 42.17% | 40.92% | 41.72% | 39.14% | 43.39% | 44.31% | 43.89% | 43.20% | 42.24% | 40.75% | 40.24% | 40.68% | 40.75% | 40.65% | 39.14% | 37.12% | 32.47% |
| Research & Development | 398.01M | 338.35M | 252.22M | 223.49M | 195.43M | 189.27M | 172.22M | 154.31M | 144.84M | 134.40M | 142.65M | 118.79M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.54B | 1.45B | 1.19B | 1.05B | 906.26M | 622.36M | 766.84M | 662.13M | 478.07M | 488.39M | 415.61M | 455.11M | 320.88M | 229.12M | 174.15M | 128.25M | 58.71M |
| Selling & Marketing | 3.37B | 2.69B | 1.89B | 1.54B | 1.72B | 1.36B | 911.45M | 850.82M | 982.58M | 798.62M | 594.82M | 738.94M | 733.74M | 619.79M | 522.97M | 350.53M | 119.41M |
| SG&A | 4.91B | 4.14B | 3.08B | 2.59B | 2.62B | 1.98B | 1.68B | 1.51B | 1.46B | 1.29B | 1.01B | 1.19B | 1.05B | 848.91M | 697.11M | 478.78M | 178.12M |
| Other Expenses | -836.78M | -516.59M | -170.68M | -170.52M | -126.31M | 10.00M | 7.28M | 3.11M | 3.23M | 3.72M | 2.75M | 2.26M | 0.00 | 0.00 | 0.00 | -13.23M | -11.95M |
| Operating Expenses | 4.47B | 3.97B | 2.91B | 2.42B | 2.50B | 1.88B | 1.59B | 1.46B | 1.41B | 1.26B | 954.64M | 1.17B | 1.04B | 833.74M | 686.43M | 473.65M | 176.01M |
| Cost & Expenses | 12.77B | 11.60B | 8.75B | 7.39B | 7.13B | 5.43B | 4.46B | 4.52B | 4.46B | 4.09B | 3.55B | 4.46B | 4.32B | 3.48B | 2.84B | 2.28B | 1.10B |
| Interest Income | 38.99M | 25.49M | 21.35M | 4.29M | 29.45M | 75.05M | 52.98M | 51.04M | 56.16M | 41.34M | 46.32M | 76.98M | 25.05M | 9.08M | 25.69M | 39.57M | 0.00 |
| Interest Expense | 178.95M | 122.57M | 89.62M | 116.59M | 136.27M | 127.89M | 103.80M | 104.32M | 75.77M | 69.08M | 64.73M | 50.96M | 34.67M | 8.85M | 24.83M | 239.00K | 0.00 |
| Depreciation & Amortization | 305.04M | 241.22M | 169.40M | 165.62M | 136.47M | 91.63M | 68.04M | 59.30M | 57.28M | 45.47M | 48.65M | 38.82M | 28.52M | 21.47M | 16.06M | 12.36M | 8.58M |
| EBITDA | 1.93B | 1.72B | 1.55B | 1.04B | 1.39B | 1.11B | 842.55M | 1.03B | 937.27M | 767.32M | 881.24M | 1.20B | 1.27B | 1.01B | 717.42M | 603.01M | 275.72M |
| EBITDA Ratio | 13.48% | 12.92% | 14.60% | 11.84% | 15.20% | 17.45% | 15.10% | 18.19% | 17.70% | 16.06% | 20.29% | 21.68% | 23.01% | 22.42% | 20.26% | 21.03% | 20.20% |
| Operating Income | 1.58B | 1.46B | 1.40B | 918.19M | 1.23B | 1.04B | 724.51M | 917.02M | 921.02M | 808.69M | 895.40M | 1.13B | 1.22B | 978.00M | 701.36M | 590.65M | 267.14M |
| Operating Income Ratio | 11.01% | 11.32% | 13.94% | 11.24% | 15.08% | 16.36% | 14.17% | 16.99% | 17.39% | 16.93% | 20.62% | 20.38% | 22.01% | 21.94% | 19.78% | 20.60% | 19.57% |
| Total Other Income/Expenses | -130.71M | -103.30M | -109.35M | -156.54M | -112.85M | -68.14M | -53.80M | -51.44M | -27.84M | -38.35M | -32.44M | -25.43M | -7.94M | 228.00K | 860.00K | -13.23M | -11.95M |
| Income Before Tax | 1.45B | 1.36B | 1.29B | 761.64M | 1.12B | 976.17M | 670.71M | 865.58M | 893.18M | 770.33M | 862.96M | 1.11B | 1.21B | 978.22M | 702.22M | 577.42M | 255.19M |
| Income Before Tax Ratio | 10.10% | 10.53% | 12.85% | 9.32% | 13.70% | 15.29% | 13.12% | 16.04% | 16.87% | 16.12% | 19.87% | 19.92% | 21.87% | 21.95% | 19.81% | 20.14% | 18.70% |
| Income Tax Expense | 416.15M | 448.71M | 397.43M | 256.62M | 389.70M | 306.19M | 224.36M | 292.61M | 256.61M | 284.34M | 259.69M | 298.72M | 246.01M | 164.54M | 54.70M | 69.25M | 33.31M |
| Net Income | 1.03B | 921.69M | 908.34M | 513.03M | 727.65M | 656.52M | 408.14M | 527.85M | 622.60M | 478.01M | 605.97M | 810.02M | 966.41M | 813.68M | 647.52M | 508.17M | 221.88M |
| Net Income Ratio | 7.18% | 7.13% | 9.07% | 6.28% | 8.89% | 10.29% | 7.98% | 9.78% | 11.76% | 10.01% | 13.95% | 14.59% | 17.45% | 18.26% | 18.26% | 17.72% | 16.26% |
| EPS | 0.40 | 0.37 | 0.36 | 0.21 | 0.31 | 0.30 | 0.19 | 0.24 | 0.29 | 0.22 | 0.28 | 0.37 | 0.44 | 0.37 | 0.30 | 0.27 | 0.15 |
| EPS Diluted | 0.39 | 0.36 | 0.36 | 0.21 | 0.30 | 0.30 | 0.18 | 0.24 | 0.29 | 0.22 | 0.28 | 0.37 | 0.44 | 0.37 | 0.30 | 0.26 | 0.15 |
| Weighted Avg Shares Out | 2.60B | 2.52B | 2.50B | 2.46B | 2.37B | 2.17B | 2.17B | 2.21B | 2.15B | 2.18B | 2.18B | 2.18B | 2.18B | 2.17B | 2.17B | 1.89B | 1.47B |
| Weighted Avg Shares Out (Dil) | 2.64B | 2.58B | 2.56B | 2.49B | 2.41B | 2.23B | 2.22B | 2.22B | 2.16B | 2.20B | 2.20B | 2.18B | 2.18B | 2.18B | 2.17B | 1.97B | 1.53B |
Source: https://incomestatements.info
Category: Stock Reports
What is the significance of Xtep’s 2023 financial results?
In 2023, Xtep generated a revenue of about 14.35 billion yuan, a significant increase from around 12.93 billion yuan in the previous year. Xtep International Holdings Limited is a leading Chinese sportswear company offering a wide range of sporting goods, with a focus on running shoes.
What were Xtep’s revenue and profit in 2023?
On 18th March, Xtep announced its 2023 annual results, with revenue up by 10.9% to all-time high at RMB14,345.5 million. Profit attributable to ordinary equity holders of the Company also hit record high at RMB1,030.0 million, an increase of 11.8%. Mainland China business delivered strong resilience.
When did Xtep announce its 2023 annual results?
On 18th March, Xtep announced its 2023 annual results, with revenue up by 10.9% to all-time high at RMB14,345.5 million.