WH Group Limited (HKG: 0288)

WH Group Income Statement

Financials in millions USD. 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	25,413	26,236	28,136	27,293	25,589	24,103
Revenue Growth (YoY)	-8.76%	-6.75%	3.09%	6.66%	6.17%	6.63%
Cost of Revenue	22,102	22,781	23,418	22,751	21,738	19,378
Gross Profit	3,311	3,455	4,718	4,542	3,851	4,725
Selling, General & Admin	2,794	2,866	2,924	2,841	2,788	2,870
Operating Expenses	2,794	2,866	2,924	2,841	2,788	2,870
Operating Income	517	589	1,794	1,701	1,063	1,855
Interest Expense	-158	-169	-169	-139	-135	-144
Interest & Investment Income	49	49	37	30	17	14
Earnings From Equity Investments	-38	-38	4	34	16	15
Currency Exchange Gain (Loss)	-9	-9	-12	1	5	-9
Other Non Operating Income (Expenses)	-317	-218	-46	-265	-106	27
EBT Excluding Unusual Items	44	204	1,608	1,362	860	1,758
Merger & Restructuring Charges	-75	-75	-	-	-	-2
Gain (Loss) on Sale of Investments	11	11	24	24	29	39
Gain (Loss) on Sale of Assets	82	82	431	-4	-7	1
Asset Writedown	1,500	826	62	189	426	246
Other Unusual Items	-	-	-	105	-	-
Pretax Income	1,571	1,057	2,132	1,700	1,315	2,052
Income Tax Expense	359	197	482	402	223	357
Earnings From Continuing Operations	1,212	860	1,650	1,298	1,092	1,695
Minority Interest in Earnings	-219	-231	-280	-230	-264	-230
Net Income	993	629	1,370	1,068	828	1,465
Net Income to Common	993	629	1,370	1,068	828	1,465
Net Income Growth	-3.69%	-54.09%	28.28%	28.99%	-43.48%	55.36%
Shares Outstanding (Basic)	12,830	12,830	12,830	14,142	14,734	14,703
Shares Outstanding (Diluted)	12,830	12,830	12,830	14,145	14,789	14,791
Shares Change (YoY)	-	-	-9.30%	-4.35%	-0.02%	0.35%
EPS (Basic)	0.08	0.05	0.11	0.08	0.06	0.10
EPS (Diluted)	0.08	0.05	0.11	0.08	0.06	0.10
EPS Growth	-3.62%	-54.11%	41.43%	34.82%	-43.43%	54.69%
Free Cash Flow	1,592	817	855	1,036	1,804	753
Free Cash Flow Per Share	0.12	0.06	0.07	0.07	0.12	0.05
Dividend Per Share	0.045	0.038	0.038	0.024	0.023	0.040
Dividend Growth	16.49%	-0.19%	57.90%	7.95%	-44.19%	58.36%
Gross Margin	13.03%	13.17%	16.77%	16.64%	15.05%	19.60%
Operating Margin	2.03%	2.25%	6.38%	6.23%	4.15%	7.70%
Profit Margin	3.91%	2.40%	4.87%	3.91%	3.24%	6.08%
Free Cash Flow Margin	6.26%	3.11%	3.04%	3.80%	7.05%	3.12%
EBITDA	1,167	1,252	2,465	2,250	1,568	2,306
EBITDA Margin	4.59%	4.77%	8.76%	8.24%	6.13%	9.57%
D&A For EBITDA	650	663	671	549	505	451
EBIT	517	589	1,794	1,701	1,063	1,855
EBIT Margin	2.03%	2.25%	6.38%	6.23%	4.15%	7.70%
Effective Tax Rate	22.85%	18.64%	22.61%	23.65%	16.96%	17.40%

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