SHMDF Dividend: Shimano Inc Yield Insights

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
营收	467,134	450,993	474,362	628,909	546,515	378,040
营收同比增长 (YoY)	8%	-5%	-25%	15%	45%	4%
营收成本	300,509	278,690	291,847	363,264	315,097	224,956
毛利润	166,625	172,303	182,515	265,645	231,418	153,084
销售、一般及管理费用	115,625	107,217	98,861	96,486	78,049	65,013
研发	--	--	--	--	5,080	5,369
营业费用	115,626	107,218	98,862	96,487	83,131	70,383
其他非经营性收入 (费用)	-1,036	-1,014	-1,130	-2,215	-730	-763
税前利润	70,505	98,594	83,438	174,112	153,728	84,820
所得税费用	19,265	22,021	22,085	45,676	37,596	21,294
净利润	51,091	76,329	61,142	128,178	115,937	63,472
净利润增长	21%	25%	-52%	11%	83%	22%
稀释后流通股数	87.34	89.44	90.34	91.02	92.55	92.7
股份同比变动 (YoY)	-2%	-1%	-1%	-2%	0%	0%
每股收益 (摊薄)	584.92	853.35	676.76	1,408.22	1,252.61	684.7
每股收益增长率	23%	26%	-52%	12%	83%	22%
自由现金流	--	41,454	83,252	83,172	92,404	63,482
每股自由现金流	--	463.45	921.48	913.76	998.35	684.81
毛利率	35.66%	38.2%	38.47%	42.23%	42.34%	40.49%
营业利润率	10.91%	14.43%	17.63%	26.89%	27.13%	21.87%
净利率	10.93%	16.92%	12.88%	20.38%	21.21%	16.78%
自由现金流利润率	--	9.19%	17.55%	13.22%	16.9%	16.79%
EBITDA	--	90,122	107,590	190,150	167,036	100,971
EBITDA 利润率	--	19.98%	22.68%	30.23%	30.56%	26.7%
EBITDA 中的折旧与摊销	--	25,037	23,937	20,992	18,749	18,270
EBIT	50,999	65,085	83,653	169,158	148,287	82,701
EBIT 利润率	10.91%	14.43%	17.63%	26.89%	27.13%	21.87%
有效税率	27.32%	22.33%	26.46%	26.23%	24.45%	25.1%

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