Shenzhen International Holdings Limited (HKG: 0152)

Shenzhen International Holdings 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	20,216	20,524	15,529	18,542	19,452	16,820
Revenue Growth (YoY)	35.12%	32.16%	-16.25%	-4.68%	15.65%	45.24%
Cost of Revenue	13,161	12,978	11,383	12,975	12,990	10,121
Gross Profit	7,055	7,545	4,147	5,567	6,462	6,699
Selling, General & Admin	1,575	1,425	1,272	1,590	1,138	1,020
Other Operating Expenses	-111.11	-132.97	-159.57	-388.17	-178.73	-120.16
Operating Expenses	1,691	1,409	1,057	1,313	1,119	931.8
Operating Income	5,364	6,136	3,090	4,254	5,344	5,767
Interest Expense	-2,042	-2,065	-1,712	-1,437	-1,011	-999.45
Interest & Investment Income	200.97	241.3	304.21	397.8	317.26	278.09
Earnings From Equity Investments	1,202	1,097	-1,584	332.44	-557.64	1,260
Currency Exchange Gain (Loss)	30.9	-553.2	-1,161	108.28	260.71	-35.96
Other Non Operating Income (Expenses)	-	-	-	-	-168.76	19.76
EBT Excluding Unusual Items	4,756	4,857	-1,063	3,655	4,184	6,290
Impairment of Goodwill	-	-	-52.93	-132.98	-	-
Gain (Loss) on Sale of Investments	-58.13	68.84	32.6	388.77	250.55	88.47
Gain (Loss) on Sale of Assets	957.04	173.69	3,737	4,833	4,609	3,331
Asset Writedown	-196.96	95.07	276.62	212.5	20.39	-591.15
Other Unusual Items	-	-	-	-	46.12	29.21
Pretax Income	5,458	5,194	2,931	8,956	9,111	9,148
Income Tax Expense	2,013	2,289	994.77	2,727	3,072	2,038
Earnings From Continuing Operations	3,445	2,905	1,936	6,230	6,039	7,110
Minority Interest in Earnings	-982.38	-1,003	-589.24	-2,565	-1,940	-1,996
Net Income	2,462	1,902	1,347	3,665	4,099	5,114
Preferred Dividends & Other Adjustments	-	-	93	92.08	91.87	92.95
Net Income to Common	2,462	1,902	1,254	3,573	4,007	5,021
Net Income Growth	203.66%	41.18%	-63.25%	-10.58%	-19.84%	18.76%
Shares Outstanding (Basic)	2,394	2,391	2,331	2,233	2,179	2,142
Shares Outstanding (Diluted)	2,400	2,392	2,331	2,237	2,186	2,151
Shares Change (YoY)	0.47%	2.63%	4.20%	2.34%	1.62%	2.89%
EPS (Basic)	1.03	0.80	0.54	1.60	1.84	2.34
EPS (Diluted)	1.02	0.79	0.54	1.60	1.83	2.33
EPS Growth	220.52%	46.84%	-66.37%	-12.58%	-21.46%	15.35%
Free Cash Flow	-4,828	-4,486	2,903	-7,958	-4,113	3,052
Free Cash Flow Per Share	-2.01	-1.88	1.25	-3.56	-1.88	1.42
Dividend Per Share	0.400	0.400	0.257	0.125	0.122	0.530
Dividend Growth	55.64%	55.64%	105.60%	2.46%	-76.98%	47.22%
Gross Margin	34.90%	36.76%	26.70%	30.02%	33.22%	39.83%
Operating Margin	26.53%	29.90%	19.90%	22.94%	27.47%	34.29%
Profit Margin	12.18%	9.27%	8.07%	19.27%	20.60%	29.85%
Free Cash Flow Margin	-23.88%	-21.86%	18.69%	-42.92%	-21.14%	18.14%
EBITDA	8,549	9,211	6,218	6,969	7,398	7,516
EBITDA Margin	42.29%	44.88%	40.04%	37.58%	38.03%	44.68%
D&A For EBITDA	3,185	3,075	3,128	2,715	2,054	1,749
EBIT	5,364	6,136	3,090	4,254	5,344	5,767
EBIT Margin	26.53%	29.90%	19.90%	22.94%	27.47%	34.29%
Effective Tax Rate	36.89%	44.07%	33.94%	30.44%	33.72%	22.28%

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