Sun Hung Kai Properties Limited (HKG:0016)

Sun Hung Kai Properties Income Statement

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	83,897	71,506	71,195	77,747	85,262	82,653
Revenue Growth (YoY)	17.65%	0.44%	-8.43%	-8.81%	3.16%	-3.11%
Cost of Revenue	49,982	39,292	36,737	37,906	40,493	40,517
Gross Profit	33,915	32,214	34,458	39,841	44,769	42,136
Selling, General & Admin	8,098	7,228	7,324	7,080	7,774	7,512
Other Operating Expenses	-1,589	-1,317	-188	14	352	-357
Operating Expenses	6,509	5,911	7,136	7,094	8,126	7,155
Operating Income	27,406	26,303	27,322	32,747	36,643	34,981
Interest Expense	-3,743	-4,046	-3,053	-2,116	-2,477	-2,528
Interest & Investment Income	633	623	736	596	708	659
Earnings From Equity Investments	1,999	1,879	4,069	2,790	2,972	1,599
EBT Excluding Unusual Items	26,295	24,759	29,074	34,017	37,846	34,711
Gain (Loss) on Sale of Investments	-26	-26	-146	-135	335	-11
Gain (Loss) on Sale of Assets	-749	331	187	523	46	234
Asset Writedown	-4,369	-1,481	-593	-2,619	-1,551	-4,423
Pretax Income	22,273	23,583	28,522	31,786	36,676	30,511
Income Tax Expense	4,300	3,978	3,947	5,655	9,230	6,197
Earnings From Continuing Operations	17,973	19,605	24,575	26,131	27,446	24,314
Minority Interest in Earnings	-549	-559	-668	-571	-694	-624
Net Income	17,424	19,046	23,907	25,560	26,752	23,690
Preferred Dividends & Other Adjustments	-	-	-	-	66	169
Net Income to Common	17,424	19,046	23,907	25,560	26,686	23,521
Net Income Growth	-29.29%	-20.33%	-6.47%	-4.46%	12.93%	-47.45%
Shares Outstanding (Basic)	2,898	2,898	2,898	2,898	2,898	2,898
Shares Outstanding (Diluted)	2,898	2,898	2,898	2,898	2,898	2,898
Shares Change (YoY)	-	-	-	-	0.00%	0.02%
EPS (Basic)	6.01	6.57	8.25	8.82	9.21	8.12
EPS (Diluted)	6.01	6.57	8.25	8.82	9.21	8.12
EPS Growth	-29.29%	-20.33%	-6.47%	-4.22%	13.46%	-47.63%
Free Cash Flow	-	20,120	21,915	11,612	12,574	43,610
Free Cash Flow Per Share	-	6.94	7.56	4.01	4.34	15.05
Dividend Per Share	3.750	3.750	4.950	4.950	4.950	4.950
Dividend Growth	-19.35%	-24.24%	0%	0%	0%	0%
Gross Margin	40.42%	45.05%	48.40%	51.24%	52.51%	50.98%
Operating Margin	32.67%	36.78%	38.38%	42.12%	42.98%	42.32%
Profit Margin	20.77%	26.64%	33.58%	32.88%	31.30%	28.46%
Free Cash Flow Margin	-	28.14%	30.78%	14.94%	14.75%	52.76%
EBITDA	29,352	28,865	30,946	35,406	39,129	37,285
EBITDA Margin	34.99%	40.37%	43.47%	45.54%	45.89%	45.11%
D&A For EBITDA	1,946	2,562	3,624	2,659	2,486	2,304
EBIT	27,406	26,303	27,322	32,747	36,643	34,981
EBIT Margin	32.67%	36.78%	38.38%	42.12%	42.98%	42.32%
Effective Tax Rate	19.31%	16.87%	13.84%	17.79%	25.17%	20.31%

Source: S&P Capital IQ. Standard template. Financial Sources.