Guangdong Investment Limited (HKG: 0270)

Guangdong Investment 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	25,121	24,200	23,196	29,715	23,173	16,691
Revenue Growth (YoY)	10.90%	4.33%	-21.94%	28.23%	38.84%	24.90%
Cost of Revenue	15,746	14,967	13,373	18,078	13,789	7,933
Gross Profit	9,375	9,233	9,823	11,638	9,384	8,758
Selling, General & Admin	3,544	3,677	3,560	3,665	2,498	2,259
Other Operating Expenses	-90.97	-101.3	-136.86	-28.93	-63.34	-73.95
Operating Expenses	3,453	3,576	3,423	3,636	2,435	2,185
Operating Income	5,922	5,658	6,400	8,002	6,949	6,573
Interest Expense	-1,346	-1,286	-856.52	-539.13	-291.87	-289.72
Interest & Investment Income	374.9	370.7	258.94	349.51	444.8	563.97
Earnings From Equity Investments	185.06	193.41	44.52	-39.51	216.25	212.93
Currency Exchange Gain (Loss)	-33.7	-7.4	48.03	-85.45	-88.27	82.53
Other Non Operating Income (Expenses)	145.55	155.15	147.72	139.43	139.95	147.53
EBT Excluding Unusual Items	5,248	5,084	6,042	7,827	7,370	7,290
Merger & Restructuring Charges	-	-3.01	-2.92	-5.88	-2.52	-7.02
Gain (Loss) on Sale of Investments	13.81	13.81	-4.6	-	-	8.34
Gain (Loss) on Sale of Assets	145.46	145.46	193.07	-2.33	76.56	1.71
Asset Writedown	-1,082	-636.71	937.01	638.14	757.12	187.97
Other Unusual Items	0.62	0.62	78.55	-	-	-
Pretax Income	4,326	4,604	7,244	8,457	8,201	7,481
Income Tax Expense	1,697	1,790	1,719	2,969	2,563	1,835
Earnings From Continuing Operations	2,629	2,814	5,524	5,488	5,638	5,646
Minority Interest in Earnings	377.64	308.21	-760.69	-790.62	-1,128	-602.01
Net Income	3,006	3,122	4,764	4,697	4,510	5,044
Net Income to Common	3,006	3,122	4,764	4,697	4,510	5,044
Net Income Growth	-30.75%	-34.46%	1.42%	4.15%	-10.59%	0.58%
Shares Outstanding (Basic)	6,538	6,538	6,538	6,538	6,538	6,538
Shares Outstanding (Diluted)	6,538	6,538	6,538	6,538	6,538	6,538
Shares Change (YoY)	-	-	-	-	-	-0.04%
EPS (Basic)	0.46	0.48	0.73	0.72	0.69	0.77
EPS (Diluted)	0.46	0.48	0.73	0.72	0.69	0.77
EPS Growth	-30.75%	-34.46%	1.42%	4.15%	-10.59%	0.62%
Free Cash Flow	10,423	9,982	-2,111	-5,787	2,587	5,965
Free Cash Flow Per Share	1.59	1.53	-0.32	-0.89	0.40	0.91
Dividend Per Share	0.363	0.310	0.613	0.607	0.589	0.578
Dividend Growth	-40.81%	-49.39%	1.02%	3.00%	1.97%	8.04%
Gross Margin	37.32%	38.15%	42.35%	39.16%	40.49%	52.47%
Operating Margin	23.57%	23.38%	27.59%	26.93%	29.99%	39.38%
Profit Margin	11.97%	12.90%	20.54%	15.81%	19.46%	30.22%
Free Cash Flow Margin	41.49%	41.25%	-9.10%	-19.48%	11.16%	35.74%
EBITDA	8,353	8,064	8,389	9,814	8,496	8,052
EBITDA Margin	33.25%	33.32%	36.17%	33.03%	36.66%	48.24%
D&A For EBITDA	2,431	2,407	1,989	1,812	1,547	1,479
EBIT	5,922	5,658	6,400	8,002	6,949	6,573
EBIT Margin	23.57%	23.38%	27.59%	26.93%	29.99%	39.38%
Effective Tax Rate	39.24%	38.88%	23.74%	35.11%	31.25%	24.53%

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