China Resources Land Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	294,529	278,799	251,137	207,061	212,108	179,587
Revenue Growth (YoY)	14.44%	11.02%	21.29%	-2.38%	18.11%	21.21%
Cost of Revenue	229,030	218,466	187,975	152,771	154,909	124,172
Gross Profit	65,499	60,334	63,162	54,291	57,200	55,415
Selling, General & Admin	13,986	13,795	13,980	11,280	11,965	10,439
Operating Expenses	13,986	13,795	13,980	11,280	11,965	10,439
Operating Income	51,512	46,538	49,181	43,010	45,234	44,976
Interest Expense	-3,579	-2,953	-1,577	-1,541	-1,230	-1,074
Interest & Investment Income	2,498	2,966	3,073	2,284	2,602	2,170
Earnings From Equity Investments	213.96	388.23	2,360	4,101	4,297	3,000
Currency Exchange Gain (Loss)	276.73	-33.12	-14.23	-2,186	788.5	1,368
Other Non Operating Income (Expenses)	795.06	1,048	886.12	980.59	862.62	843.86
EBT Excluding Unusual Items	51,717	47,954	53,909	46,650	52,554	51,283
Gain (Loss) on Sale of Investments	-	-	5.62	828.64	-	-12.31
Gain (Loss) on Sale of Assets	1,148	2,642	1,505	1,053	16.83	16.8
Asset Writedown	6,640	7,632	8,001	6,978	7,795	8,884
Other Unusual Items	-	-	3,017	-	-	-
Pretax Income	59,504	58,228	66,438	55,509	60,366	60,172
Income Tax Expense	23,623	24,550	29,134	23,140	22,970	26,082
Earnings From Continuing Operations	35,881	33,678	37,304	32,370	37,395	34,090
Minority Interest in Earnings	-8,646	-8,101	-5,938	-4,278	-4,994	-4,060
Net Income	27,235	25,577	31,365	28,092	32,401	30,031
Preferred Dividends & Other Adjustments	-	-	-	-	-	220.57
Net Income to Common	27,235	25,577	31,365	28,092	32,401	29,810
Net Income Growth	-2.21%	-18.45%	11.65%	-13.30%	7.89%	3.29%
Shares Outstanding (Basic)	7,131	7,131	7,131	7,131	7,131	7,131
Shares Outstanding (Diluted)	7,131	7,131	7,131	7,131	7,131	7,131
Shares Change (YoY)	-	-	-	-	-	2.39%
EPS (Basic)	3.82	3.59	4.40	3.94	4.54	4.18
EPS (Diluted)	3.82	3.59	4.40	3.94	4.54	4.18
EPS Growth	-2.21%	-18.45%	11.65%	-13.30%	8.69%	1.15%
Free Cash Flow	27,331	45,693	46,221	-666.98	4,841	19,435
Free Cash Flow Per Share	3.83	6.41	6.48	-0.09	0.68	2.73
Dividend Per Share	1.319	1.319	1.441	1.401	1.380	1.252
Dividend Growth	-8.59%	-8.47%	2.85%	1.52%	10.22%	17.45%
Gross Margin	22.24%	21.64%	25.15%	26.22%	26.97%	30.86%
Operating Margin	17.49%	16.69%	19.58%	20.77%	21.33%	25.04%
Profit Margin	9.25%	9.17%	12.49%	13.57%	15.28%	16.60%
Free Cash Flow Margin	9.28%	16.39%	18.40%	-0.32%	2.28%	10.82%
EBITDA	52,567	47,583	50,082	43,899	46,123	45,660
EBITDA Margin	17.85%	17.07%	19.94%	21.20%	21.75%	25.42%
D&A For EBITDA	1,054	1,045	900.44	888.8	889.11	683.94
EBIT	51,512	46,538	49,181	43,010	45,234	44,976
EBIT Margin	17.49%	16.69%	19.58%	20.77%	21.33%	25.04%
Effective Tax Rate	39.70%	42.16%	43.85%	41.69%	38.05%	43.34%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.