Tian An China Investments Company Limited (HKG:0028)

HKG:0028 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,133	3,012	2,782	5,087	2,575	2,359
Revenue Growth (YoY)	216.44%	8.27%	-45.31%	97.58%	9.12%	6.19%
Cost of Revenue	4,697	1,968	1,835	2,872	1,182	1,436
Gross Profit	5,436	1,045	947.4	2,216	1,393	923.59
Selling, General & Admin	693.88	679.48	554.93	479.61	465.53	417.18
Other Operating Expenses	19.06	24.13	1.1	2.33	2.79	22.36
Operating Expenses	712.93	703.61	556.02	481.94	468.32	439.54
Operating Income	4,723	341.07	391.37	1,734	924.68	484.05
Interest Expense	-206.79	-220.83	-192.6	-228.56	-167.54	-207.63
Interest & Investment Income	186.28	179.48	204.24	193.36	262.82	308.85
Earnings From Equity Investments	101.58	79.18	407.95	691.85	446.44	296.53
Currency Exchange Gain (Loss)	-	-	10.08	17.34	24.07	-
Other Non Operating Income (Expenses)	69.21	85.25	100.86	137.1	48.02	98.43
EBT Excluding Unusual Items	4,874	464.15	921.91	2,545	1,538	980.24
Gain (Loss) on Sale of Investments	7.38	7.58	-3.78	-25.87	36.95	-33.72
Gain (Loss) on Sale of Assets	-	-	8.74	-	-	322.03
Asset Writedown	-680.72	-505.2	476.35	-196.21	1,202	-230.28
Other Unusual Items	-15.66	-11.79	224.74	-37.69	-154.19	-123.55
Pretax Income	4,185	-45.26	1,628	2,285	2,623	914.73
Income Tax Expense	2,106	97.62	318.2	733.49	1,227	346.89
Earnings From Continuing Operations	2,079	-142.88	1,310	1,551	1,396	567.84
Net Income to Company	2,079	-142.88	1,310	1,551	1,396	567.84
Minority Interest in Earnings	-19.3	-64.2	-92.39	-22.83	34.01	50.2
Net Income	2,060	-207.08	1,217	1,529	1,430	618.04
Net Income to Common	2,060	-207.08	1,217	1,529	1,430	618.04
Net Income Growth	186.78%	-	-20.36%	6.87%	131.43%	-54.08%
Shares Outstanding (Basic)	1,466	1,466	1,466	1,466	1,488	1,501
Shares Outstanding (Diluted)	1,466	1,466	1,466	1,466	1,488	1,501
Shares Change (YoY)	-	-	-	-1.46%	-0.86%	-0.38%
EPS (Basic)	1.40	-0.14	0.83	1.04	0.96	0.41
EPS (Diluted)	1.40	-0.14	0.83	1.04	0.96	0.41
EPS Growth	186.78%	-	-20.36%	8.45%	133.43%	-53.91%
Free Cash Flow	4,482	4,015	1,730	4,238	764.76	-776.18
Free Cash Flow Per Share	3.06	2.74	1.18	2.89	0.51	-0.52
Dividend Per Share	0.100	0.100	0.200	0.250	0.200	0.200
Dividend Growth	-50.00%	-50.00%	-20.00%	25.00%	-	-
Gross Margin	53.65%	34.68%	34.05%	43.55%	54.10%	39.15%
Operating Margin	46.61%	11.32%	14.07%	34.08%	35.91%	20.52%
Profit Margin	20.33%	-6.88%	43.76%	30.05%	55.55%	26.19%
Free Cash Flow Margin	44.23%	133.30%	62.19%	83.31%	29.70%	-32.90%
EBITDA	4,837	460.41	462.02	1,770	964.52	536.76
EBITDA Margin	47.74%	15.29%	16.61%	34.79%	37.46%	22.75%
D&A For EBITDA	113.94	119.34	70.64	36.2	39.85	52.71
EBIT	4,723	341.07	391.37	1,734	924.68	484.05
EBIT Margin	46.61%	11.32%	14.07%	34.08%	35.91%	20.52%
Effective Tax Rate	50.32%	-	19.55%	32.10%	46.76%	37.92%

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