Chinese Estates Holdings Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Other Revenue	120.24	174.84	685.11	435.35	708.16
Total Revenue	169.71	225.64	775.86	1,480	1,193
Revenue Growth (YoY	-24.79%	-70.92%	-47.59%	24.07%	-60.27%
Property Expenses	43.04	56.59	49.26	58.26	282.46
Selling, General & Administrative	272.22	348.2	333.87	358.05	344.5
Total Operating Expenses	315.27	404.79	383.13	416.31	626.95
Operating Income	-145.56	-179.15	392.73	1,064	566.19
Interest Expense	-87.85	-205.63	-221.85	-126.49	-90.81
Interest & Investment Income	138.29	20.71	-	-	-
Currency Exchange Gain (Loss)	65.41	-	1.78	0.93	11.36
Other Non-Operating Income	13.33	11.9	28.13	-1.76	38.14
EBT Excluding Unusual Items	-16.39	-352.18	200.8	936.75	524.88
Gain (Loss) on Sale of Investments	-	-	-65.46	-291.13	-2,629
Gain (Loss) on Sale of Assets	3.13	-35.78	-0.03	0.34	0.25
Asset Writedown	-358.42	-1,736	-31.01	528.48	-1,377
Other Unusual Items	-	-	-	4.7	-
Pretax Income	-371.68	-2,124	104.3	1,179	-3,480
Income Tax Expense	16.54	-16.04	27.16	26.83	33.19
Earnings From Continuing Operations	-388.22	-2,108	77.14	1,152	-3,514
Minority Interest in Earnings	-0.28	-0.41	-0.31	-0.09	-1.76
Net Income	-388.5	-2,108	76.83	1,152	-3,515
Net Income to Common	-388.5	-2,108	76.83	1,152	-3,515
Net Income Growth	-	-	-93.33%	-	-
Basic Shares Outstanding	1,908	1,908	1,908	1,908	1,908
Diluted Shares Outstanding	1,908	1,908	1,908	1,908	1,908
EPS (Basic)	-0.20	-1.11	0.04	0.60	-1.84
EPS (Diluted)	-0.20	-1.11	0.04	0.60	-1.84
EPS Growth	-	-	-93.33%	-	-
Dividend Per Share	0.010	0.030	-	-	-
Dividend Growth	-66.67%	-	-	-	-
Operating Margin	-85.77%	-79.40%	50.62%	71.88%	47.45%
Profit Margin	-228.93%	-934.39%	9.90%	77.83%	-294.63%
EBITDA	-84.84	-118.43	451.52	1,127	622.55
EBITDA Margin	-49.99%	-52.49%	58.20%	76.13%	52.18%
D&A For Ebitda	60.72	60.72	58.79	62.98	56.36
EBIT	-145.56	-179.15	392.73	1,064	566.19
EBIT Margin	-85.77%	-79.40%	50.62%	71.88%	47.45%
Effective Tax Rate	-	-	26.04%	2.27%	-

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