MTR Corporation Limited (HKG: 0066)

MTR Corporation 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	58,679	56,982	47,812	47,202	42,541	54,504
Revenue Growth (YoY)	12.08%	19.18%	1.29%	10.96%	-21.95%	1.06%
Cost of Revenue	39,815	40,101	38,463	37,775	36,083	37,439
Gross Profit	18,864	16,881	9,349	9,427	6,458	17,065
Selling, General & Admin	1,256	1,200	1,133	1,057	1,071	1,410
Other Operating Expenses	-400	397	-10,961	-10,615	-6,047	-2,795
Operating Expenses	6,821	7,702	-4,059	-4,128	389	3,852
Operating Income	12,043	9,179	13,408	13,555	6,069	13,213
Interest Expense	-2,028	-1,841	-1,409	-1,340	-1,418	-1,385
Interest & Investment Income	1,059	777	396	273	384	482
Earnings From Equity Investments	1,300	1,259	1,095	968	605	288
Currency Exchange Gain (Loss)	8	-7	-36	-12	6	-16
Other Non Operating Income (Expenses)	-83	-68	67	112	24	59
EBT Excluding Unusual Items	12,299	9,299	13,521	13,556	5,670	12,641
Gain (Loss) on Sale of Investments	-	-	-	-	-	1
Asset Writedown	661	1,386	-1,772	-1,616	-9,190	1,372
Other Unusual Items	-1,022	-1,022	-	-	-	-
Pretax Income	11,938	9,663	11,749	11,940	-3,520	14,014
Income Tax Expense	2,059	1,575	1,608	2,261	1,301	1,922
Earnings From Continuing Operations	9,879	8,088	10,141	9,679	-4,821	12,092
Minority Interest in Earnings	-229	-304	-314	-127	12	-160
Net Income	9,650	7,784	9,827	9,552	-4,809	11,932
Net Income to Common	9,650	7,784	9,827	9,552	-4,809	11,932
Net Income Growth	4.07%	-20.79%	2.88%	-	-	-25.46%
Shares Outstanding (Basic)	6,209	6,202	6,191	6,181	6,163	6,143
Shares Outstanding (Diluted)	6,217	6,208	6,197	6,187	6,163	6,151
Shares Change (YoY)	0.25%	0.19%	0.16%	0.40%	0.20%	1.40%
EPS (Basic)	1.55	1.26	1.59	1.55	-0.78	1.94
EPS (Diluted)	1.55	1.25	1.59	1.54	-0.78	1.94
EPS Growth	3.57%	-21.25%	3.07%	-	-	-26.52%
Free Cash Flow	680	-1,136	-12,527	-1,170	-5,350	8,020
Free Cash Flow Per Share	0.11	-0.18	-2.02	-0.19	-0.87	1.30
Dividend Per Share	1.310	1.310	1.310	1.270	1.230	1.230
Dividend Growth	0%	0%	3.15%	3.25%	0%	2.50%
Gross Margin	32.15%	29.63%	19.55%	19.97%	15.18%	31.31%
Operating Margin	20.52%	16.11%	28.04%	28.72%	14.27%	24.24%
Profit Margin	16.45%	13.66%	20.55%	20.24%	-11.30%	21.89%
Free Cash Flow Margin	1.16%	-1.99%	-26.20%	-2.48%	-12.58%	14.71%
EBITDA	17,658	14,934	19,100	19,417	11,077	18,118
EBITDA Margin	30.09%	26.21%	39.95%	41.14%	26.04%	33.24%
D&A For EBITDA	5,615	5,755	5,692	5,862	5,008	4,905
EBIT	12,043	9,179	13,408	13,555	6,069	13,213
EBIT Margin	20.52%	16.11%	28.04%	28.72%	14.27%	24.24%
Effective Tax Rate	17.25%	16.30%	13.69%	18.94%	-	13.71%
Revenue as Reported	58,679	56,982	47,812	47,202	42,541	54,504

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