CITIC Limited (FRA:CPF)

CITIC Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	553,637	490,626	475,752	508,112	368,622
Other Revenue	396,052	392,057	369,151	396,888	352,580
Revenue	949,689	882,683	844,903	905,000	721,202
Revenue Growth (YoY)	7.59%	4.47%	-6.64%	25.49%	-1.33%
Cost of Revenue	447,282	383,311	364,937	403,753	361,436
Gross Profit	502,407	499,372	479,966	400,140	359,766
Selling, General & Admin	-	-	-	13	138
Other Operating Expenses	136,292	126,426	113,471	103,307	88,509
Operating Expenses	195,675	192,041	192,476	105,430	91,397
Operating Income	306,732	307,331	287,490	294,710	268,369
Interest Expense	-194,609	-202,249	-181,062	-198,981	-175,814
Interest & Investment Income	2,235	1,832	1,407	2,036	1,266
Earnings From Equity Investments	6,630	9,403	11,166	17,563	14,493
Currency Exchange Gain (Loss)	-1,033	535	444	781	1,486
Other Non Operating Income (Expenses)	6,345	4,758	4,885	3,285	-2,780
EBT Excluding Unusual Items	126,300	121,610	124,330	119,394	107,020
Impairment of Goodwill	-17	-26	-4,363	-	-647
Gain (Loss) on Sale of Investments	2,893	2,314	-2,790	2,001	-10,999
Gain (Loss) on Sale of Assets	3,793	74	10,977	1,393	3,525
Asset Writedown	-312	-685	-862	-1,647	-1,181
Pretax Income	132,657	123,287	127,292	121,141	97,718
Income Tax Expense	24,902	18,013	21,469	20,863	16,790
Earnings From Continuing Operations	107,755	105,274	105,823	100,278	80,928
Net Income to Company	107,755	105,274	105,823	100,278	80,928
Minority Interest in Earnings	-49,553	-47,680	-40,892	-30,056	-24,300
Net Income	58,202	57,594	64,931	70,222	56,628
Net Income to Common	58,202	57,594	64,931	70,222	56,628
Net Income Growth	1.06%	-11.30%	-7.54%	24.01%	5.05%
Shares Outstanding (Basic)	29,090	29,090	29,090	29,090	29,090
Shares Outstanding (Diluted)	29,090	29,090	29,090	29,090	29,090
EPS (Basic)	2.00	1.98	2.23	2.41	1.95
EPS (Diluted)	1.97	1.98	2.23	2.41	1.95
EPS Growth	-0.49%	-11.29%	-7.55%	23.80%	5.22%
Free Cash Flow	-94,366	-47,102	145,926	-65,188	172,340
Free Cash Flow Per Share	-3.24	-1.62	5.02	-2.24	5.92
Dividend Per Share	0.550	0.515	0.587	0.606	0.488
Dividend Growth	6.80%	-12.23%	-3.17%	24.18%	4.95%
Gross Margin	52.90%	56.57%	56.81%	44.21%	49.88%
Operating Margin	32.30%	34.82%	34.03%	32.56%	37.21%
Profit Margin	6.13%	6.53%	7.69%	7.76%	7.85%
Free Cash Flow Margin	-9.94%	-5.34%	17.27%	-7.20%	23.90%
EBITDA	334,292	330,390	307,730	308,441	281,525
EBITDA Margin	35.20%	37.43%	36.42%	34.08%	39.04%
D&A For EBITDA	27,560	23,059	20,240	13,731	13,156
EBIT	306,732	307,331	287,490	294,710	268,369
EBIT Margin	32.30%	34.82%	34.03%	32.56%	37.21%
Effective Tax Rate	18.77%	14.61%	16.87%	17.22%	17.18%

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