China Overseas Grand Oceans Group Limited (HKG: 0081)

China Overseas Grand Oceans Group Income Statement

Financials in millions CNY. 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	51,088	56,408	57,492	53,830	42,909	28,591
Revenue Growth (YoY)	-6.89%	-1.89%	6.80%	25.45%	50.08%	32.83%
Cost of Revenue	45,569	48,563	46,543	41,431	31,268	19,063
Gross Profit	5,519	7,846	10,949	12,399	11,641	9,528
Selling, General & Admin	2,095	2,448	2,558	2,731	2,439	1,941
Other Operating Expenses	-97.16	-37.33	-192.67	-106.5	-60.78	-21.83
Operating Expenses	1,998	2,411	2,365	2,625	2,378	1,919
Operating Income	3,521	5,435	8,584	9,774	9,263	7,609
Interest Expense	-64.41	-65.24	-63.4	-54.1	-43.13	-37.77
Interest & Investment Income	332.38	372.32	358.2	353.7	270.2	337.19
Earnings From Equity Investments	58.31	-18.68	-223.46	-7.17	18.62	313.19
Currency Exchange Gain (Loss)	-66.51	-66.51	-3.56	-18.41	-	-
EBT Excluding Unusual Items	3,781	5,657	8,652	10,048	9,509	8,221
Merger & Restructuring Charges	-	-	-	-	-	-0.34
Gain (Loss) on Sale of Assets	0.22	0.22	0.18	0.27	22.55	2.36
Asset Writedown	-1,534	-1,534	-2,673	100.68	8.12	72.18
Other Unusual Items	-	-	-	-	-	0
Pretax Income	2,247	4,123	5,979	10,149	9,540	8,296
Income Tax Expense	1,349	2,098	2,923	4,504	4,936	4,799
Earnings From Continuing Operations	897.26	2,025	3,056	5,645	4,604	3,497
Minority Interest in Earnings	569.95	276.73	94.32	-594.33	-229.38	-167.28
Net Income	1,467	2,302	3,150	5,051	4,375	3,330
Net Income to Common	1,467	2,302	3,150	5,051	4,375	3,330
Net Income Growth	-39.36%	-26.94%	-37.62%	15.45%	31.39%	62.96%
Shares Outstanding (Basic)	3,559	3,559	3,475	3,423	3,423	3,423
Shares Outstanding (Diluted)	3,559	3,559	3,475	3,423	3,423	3,423
Shares Change (YoY)	0.47%	2.43%	1.50%	-	-	-
EPS (Basic)	0.41	0.65	0.91	1.48	1.28	0.97
EPS (Diluted)	0.41	0.65	0.91	1.48	1.28	0.97
EPS Growth	-39.64%	-28.68%	-38.53%	15.42%	31.39%	-
Free Cash Flow	4,439	9,068	484.08	-6,888	-992.81	-9,494
Free Cash Flow Per Share	1.25	2.55	0.14	-2.01	-0.29	-2.77
Dividend Per Share	0.127	0.145	0.186	0.310	0.291	0.228
Dividend Growth	-29.83%	-21.82%	-40.00%	6.57%	27.44%	82.79%
Gross Margin	10.80%	13.91%	19.05%	23.03%	27.13%	33.32%
Operating Margin	6.89%	9.63%	14.93%	18.16%	21.59%	26.61%
Profit Margin	2.87%	4.08%	5.48%	9.38%	10.20%	11.65%
Free Cash Flow Margin	8.69%	16.08%	0.84%	-12.80%	-2.31%	-33.21%
EBITDA	3,613	5,527	8,653	9,841	9,337	7,670
EBITDA Margin	7.07%	9.80%	15.05%	18.28%	21.76%	26.83%
D&A For EBITDA	92.44	91.98	69.16	66.72	73.92	61.02
EBIT	3,521	5,435	8,584	9,774	9,263	7,609
EBIT Margin	6.89%	9.63%	14.93%	18.16%	21.59%	26.61%
Effective Tax Rate	60.06%	50.88%	48.88%	44.38%	51.74%	57.85%

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