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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	71,506	71,506	71,195	77,747	85,262	82,653
Revenue Growth (YoY)	0.44%	0.44%	-8.43%	-8.81%	3.16%	-3.11%
Cost of Revenue	39,292	39,292	36,737	37,906	40,493	40,517
Gross Profit	32,214	32,214	34,458	39,841	44,769	42,136
Selling, General & Admin	7,228	7,228	7,324	7,080	7,774	7,512
Other Operating Expenses	-185	-185	-178	14	352	-357
Operating Expenses	7,043	7,043	7,146	7,094	8,126	7,155
Operating Income	25,171	25,171	27,312	32,747	36,643	34,981
Interest Expense	-4,046	-4,046	-3,053	-2,116	-2,477	-2,528
Interest & Investment Income	623	623	736	596	708	659
Earnings From Equity Investments	1,879	1,879	4,069	2,790	2,972	1,599
EBT Excluding Unusual Items	23,627	23,627	29,064	34,017	37,846	34,711
Gain (Loss) on Sale of Investments	-1	-1	-146	-135	335	-11
Gain (Loss) on Sale of Assets	1,438	1,438	197	523	46	234
Asset Writedown	-1,481	-1,481	-593	-2,619	-1,551	-4,423
Pretax Income	23,583	23,583	28,522	31,786	36,676	30,511
Income Tax Expense	3,978	3,978	3,947	5,655	9,230	6,197
Earnings From Continuing Operations	19,605	19,605	24,575	26,131	27,446	24,314
Minority Interest in Earnings	-559	-559	-668	-571	-694	-624
Net Income	19,046	19,046	23,907	25,560	26,752	23,690
Preferred Dividends & Other Adjustments	-	-	-	-	66	169
Net Income to Common	19,046	19,046	23,907	25,560	26,686	23,521
Net Income Growth	-20.33%	-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)	6.57	6.57	8.25	8.82	9.21	8.12
EPS (Diluted)	6.57	6.57	8.25	8.82	9.21	8.12
EPS Growth	-20.33%	-20.33%	-6.47%	-4.22%	13.46%	-47.63%
Free Cash Flow	-	-	21,915	11,612	12,574	43,610
Free Cash Flow Per Share	-	-	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	-24.24%	-24.24%	0%	0%	0%	0%
Gross Margin	45.05%	45.05%	48.40%	51.24%	52.51%	50.98%
Operating Margin	35.20%	35.20%	38.36%	42.12%	42.98%	42.32%
Profit Margin	26.64%	26.64%	33.58%	32.88%	31.30%	28.46%
Free Cash Flow Margin	-	-	30.78%	14.94%	14.75%	52.76%
EBITDA	27,803	27,803	29,944	35,406	39,129	37,285
EBITDA Margin	38.88%	38.88%	42.06%	45.54%	45.89%	45.11%
D&A For EBITDA	2,632	2,632	2,632	2,659	2,486	2,304
EBIT	25,171	25,171	27,312	32,747	36,643	34,981
EBIT Margin	35.20%	35.20%	38.36%	42.12%	42.98%	42.32%
Effective Tax Rate	16.87%	16.87%	13.84%	17.79%	25.17%	20.31%

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