Poly Property Group Co., Limited (HKG: 0119)

Poly Property 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	37,750	40,932	41,127	30,305	31,281	39,944
Revenue Growth (YoY)	-0.84%	-0.47%	35.71%	-3.12%	-21.69%	71.92%
Cost of Revenue	31,554	32,572	30,047	20,045	20,726	26,410
Gross Profit	6,196	8,360	11,081	10,261	10,554	13,534
Selling, General & Admin	2,393	2,593	2,494	2,543	2,660	3,117
Other Operating Expenses	394.16	447.78	368.45	347.48	378.94	391.54
Operating Expenses	2,787	3,041	2,862	2,891	3,039	3,509
Operating Income	3,409	5,320	8,218	7,370	7,516	10,025
Interest Expense	-1,482	-1,593	-1,605	-1,535	-1,857	-1,474
Interest & Investment Income	668.78	676.1	526.18	494.06	636.77	342.19
Earnings From Equity Investments	-21.02	-91.87	-31.5	128.56	158.18	477.71
Currency Exchange Gain (Loss)	84.08	-168.26	-621.74	161.55	537.3	-265.67
Other Non Operating Income (Expenses)	180.78	158.52	46.6	119.87	291.36	73.81
EBT Excluding Unusual Items	2,840	4,301	6,533	6,739	7,282	9,179
Impairment of Goodwill	-	-	-	-110.45	-	-
Gain (Loss) on Sale of Investments	63.72	69.25	45.34	365.23	90.69	54.64
Gain (Loss) on Sale of Assets	-105.71	-87.85	-575.78	-293.5	-347.66	-1,015
Asset Writedown	-284.62	-250.16	-168.55	-0.57	-243.19	-7.93
Other Unusual Items	0.15	0.15	1.52	-	6.63	478.62
Pretax Income	2,514	4,032	5,835	6,699	6,789	8,690
Income Tax Expense	1,352	2,400	4,826	4,536	4,464	4,901
Earnings From Continuing Operations	1,162	1,632	1,009	2,164	2,325	3,789
Minority Interest in Earnings	17.1	-187.28	-193.18	-104.45	-444.53	44.32
Net Income	1,179	1,445	816.15	2,059	1,880	3,833
Net Income to Common	1,179	1,445	816.15	2,059	1,880	3,833
Net Income Growth	531.05%	77.01%	-60.36%	9.52%	-50.95%	70.99%
Shares Outstanding (Basic)	3,821	3,821	3,760	3,684	3,662	3,662
Shares Outstanding (Diluted)	3,821	3,821	3,760	3,684	3,665	3,675
Shares Change (YoY)	0.19%	1.63%	2.08%	0.51%	-0.27%	0.36%
EPS (Basic)	0.31	0.38	0.22	0.56	0.51	1.05
EPS (Diluted)	0.31	0.38	0.22	0.56	0.51	1.04
EPS Growth	529.86%	74.17%	-61.17%	8.97%	-50.82%	70.39%
Free Cash Flow	2,820	5,340	-13,897	-5,856	-6,132	-4,732
Free Cash Flow Per Share	0.74	1.40	-3.70	-1.59	-1.67	-1.29
Dividend Per Share	0.075	0.075	0.042	0.110	0.128	0.209
Dividend Growth	77.44%	77.44%	-61.39%	-14.08%	-38.76%	69.92%
Gross Margin	16.41%	20.42%	26.94%	33.86%	33.74%	33.88%
Operating Margin	9.03%	13.00%	19.98%	24.32%	24.03%	25.10%
Profit Margin	3.12%	3.53%	1.98%	6.79%	6.01%	9.60%
Free Cash Flow Margin	7.47%	13.05%	-33.79%	-19.32%	-19.60%	-11.85%
EBITDA	3,586	5,510	8,372	7,516	7,703	10,196
EBITDA Margin	9.50%	13.46%	20.36%	24.80%	24.63%	25.52%
D&A For EBITDA	177.01	190.76	153.6	145.59	187.8	170.56
EBIT	3,409	5,320	8,218	7,370	7,516	10,025
EBIT Margin	9.03%	13.00%	19.98%	24.32%	24.03%	25.10%
Effective Tax Rate	53.79%	59.53%	82.70%	67.71%	65.76%	56.40%

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