Swire Pacific Limited (HKG: 0019)

Swire Pacific Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	82,842	94,823	91,169	91,229	78,356	85,652
Revenue Growth (YoY)	-15.84%	4.01%	-0.07%	16.43%	-8.52%	1.24%
Cost of Revenue	51,857	59,674	56,981	55,956	47,859	53,831
Gross Profit	30,985	35,149	34,188	35,273	30,497	31,821
Selling, General & Admin	20,541	23,417	23,536	23,504	20,855	21,128
Other Operating Expenses	-40	147	-338	-469	-1,044	149
Operating Expenses	20,501	23,564	23,198	23,035	19,811	21,277
Operating Income	10,484	11,585	10,990	12,238	10,686	10,544
Interest Expense	-2,490	-2,440	-1,576	-1,852	-2,129	-2,374
Interest & Investment Income	628	587	290	318	373	455
Earnings From Equity Investments	4,108	4,175	-1,444	-562	-8,535	2,834
Currency Exchange Gain (Loss)	-8	-262	61	1	-117	4
Other Non Operating Income (Expenses)	-225	-172	-177	-205	39	-120
EBT Excluding Unusual Items	12,497	13,473	8,144	9,938	317	11,343
Impairment of Goodwill	-	-	-530	-	-90	-404
Gain (Loss) on Sale of Investments	71	-493	71	443	2	713
Gain (Loss) on Sale of Assets	22,323	22,537	560	1,333	1,772	1,521
Asset Writedown	-2,384	-3,298	673	-1,944	-4,645	1,536
Other Unusual Items	-	551	-	24	-	-125
Pretax Income	32,507	32,770	8,918	9,794	-2,644	14,584
Income Tax Expense	2,957	2,932	3,013	3,070	2,425	2,746
Earnings From Continuing Operations	29,550	29,838	5,905	6,724	-5,069	11,838
Earnings From Discontinued Operations	-	-	359	-1,599	-5,006	-
Net Income to Company	29,550	29,838	6,264	5,125	-10,075	11,838
Minority Interest in Earnings	-1,004	-985	-2,069	-1,768	-924	-2,831
Net Income	28,546	28,853	4,195	3,357	-10,999	9,007
Net Income to Common	28,546	28,853	4,195	3,357	-10,999	9,007
Net Income Growth	339.03%	587.79%	24.96%	-	-	-61.88%
Shares Outstanding (Basic)	1,435	1,445	1,494	1,502	1,502	1,502
Shares Outstanding (Diluted)	1,435	1,445	1,494	1,502	1,502	1,502
Shares Change (YoY)	-2.24%	-3.28%	-0.49%	-	-	-0.00%
EPS (Basic)	19.89	19.96	2.81	2.24	-7.32	6.00
EPS (Diluted)	19.89	19.96	2.81	2.24	-7.32	6.00
EPS Growth	349.10%	611.12%	25.57%	-	-	-61.88%
Free Cash Flow	5,793	6,573	5,042	7,853	8,635	6,759
Free Cash Flow Per Share	4.04	4.55	3.37	5.23	5.75	4.50
Dividend Per Share	3.250	3.200	3.000	2.600	1.700	3.000
Dividend Growth	6.56%	6.67%	15.38%	52.94%	-43.33%	0%
Gross Margin	37.40%	37.07%	37.50%	38.66%	38.92%	37.15%
Operating Margin	12.66%	12.22%	12.05%	13.41%	13.64%	12.31%
Profit Margin	34.46%	30.43%	4.60%	3.68%	-14.04%	10.52%
Free Cash Flow Margin	6.99%	6.93%	5.53%	8.61%	11.02%	7.89%
EBITDA	13,208	14,702	13,800	15,242	13,790	14,168
EBITDA Margin	15.94%	15.50%	15.14%	16.71%	17.60%	16.54%
D&A For EBITDA	2,724	3,117	2,810	3,004	3,104	3,624
EBIT	10,484	11,585	10,990	12,238	10,686	10,544
EBIT Margin	12.66%	12.22%	12.05%	13.41%	13.64%	12.31%
Effective Tax Rate	9.10%	8.95%	33.79%	31.35%	-	18.83%

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