Hysan Development Company Limited (HKG:0014)

Hysan Development Company Income Statement

Financials in millions HKD. 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
Rental Revenue	3,409	3,210	3,460	3,608	3,710
Other Revenue	-83	233	211	283	237
Total Revenue	3,326	3,443	3,671	3,891	3,947
Revenue Growth (YoY	-3.40%	-6.21%	-5.65%	-1.42%	-5.87%
Property Expenses	646	621	567	499	490
Selling, General & Administrative	308	307	332	274	268
Total Operating Expenses	954	928	899	773	758
Operating Income	2,372	2,515	2,772	3,118	3,189
Interest Expense	-417	-430	-408	-348	-504
Interest & Investment Income	167	261	248	92	272
Currency Exchange Gain (Loss)	79	1	-7	-62	28
Other Non-Operating Income	-109	-48	-9	14	-62
EBT Excluding Unusual Items	2,092	2,299	2,596	2,814	2,923
Gain (Loss) on Sale of Investments	-19	-267	10	167	-15
Asset Writedown	-1,506	-2,763	-3,213	-720	-4,903
Pretax Income	567	-731	-607	2,261	-1,995
Income Tax Expense	296	295	342	358	353
Earnings From Continuing Operations	271	-1,026	-949	1,903	-2,348
Minority Interest in Earnings	182	596	242	-61	89
Net Income	453	-430	-707	1,842	-2,259
Preferred Dividends & Other Adjustments	418	442	450	459	288
Net Income to Common	35	-872	-1,157	1,383	-2,547
Basic Shares Outstanding	1,027	1,027	1,030	1,038	1,042
Diluted Shares Outstanding	1,027	1,027	1,030	1,038	1,042
Shares Change (YoY)	-	-0.28%	-0.82%	-0.33%	-0.43%
EPS (Basic)	0.03	-0.85	-1.12	1.33	-2.44
EPS (Diluted)	0.03	-0.85	-1.12	1.33	-2.44
Dividend Per Share	1.080	1.080	1.440	1.440	1.440
Dividend Growth	-	-25.00%	-	-	-
Operating Margin	71.32%	73.05%	75.51%	80.13%	80.80%
Profit Margin	1.05%	-25.33%	-31.52%	35.54%	-64.53%
EBITDA	2,408	2,548	2,804	3,147	3,213
EBITDA Margin	72.40%	74.00%	76.38%	80.88%	81.40%
D&A For Ebitda	36	33	32	29	24
EBIT	2,372	2,515	2,772	3,118	3,189
EBIT Margin	71.32%	73.05%	75.51%	80.13%	80.80%
Effective Tax Rate	52.20%	-	-	15.83%	-

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