China Pipe Group Limited (HKG:0380)

China Pipe Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	737.05	783.5	714.13	636.54	682.19	497.3
Revenue Growth (YoY)	-1.35%	9.71%	12.19%	-6.69%	37.18%	-5.73%
Cost of Revenue	505.1	536.55	519.48	461.68	486.43	356.8
Gross Profit	231.96	246.95	194.65	174.86	195.76	140.49
Selling, General & Admin	147.57	149.29	133.19	121.08	130.11	117.51
Other Operating Expenses	-3.45	-0.05	0.05	0.06	1.24	0.41
Operating Expenses	149.47	154.58	133.24	121.14	131.35	117.92
Operating Income	82.49	92.37	61.41	53.72	64.41	22.57
Interest Expense	-6.4	-7.03	-6.74	-5.93	-5.84	-6.87
Interest & Investment Income	14.98	15.6	13.06	6.45	4.69	8.35
Currency Exchange Gain (Loss)	2.08	-0.13	1.57	0.98	2.14	0.94
EBT Excluding Unusual Items	93.31	100.81	69.29	55.22	65.4	24.98
Gain (Loss) on Sale of Investments	0.04	-0.02	0.03	-0.19	-0.05	0.01
Gain (Loss) on Sale of Assets	0.19	0.04	0.01	-0.09	-0.05	-
Asset Writedown	-	-	-0.5	-	-	-
Other Unusual Items	0.05	0.05	0.01	3.3	-	8.5
Pretax Income	93.58	100.89	68.84	58.24	65.29	33.49
Income Tax Expense	11.29	13.67	10.45	9.02	9.32	2.77
Earnings From Continuing Operations	82.29	87.22	58.39	49.22	55.97	30.71
Earnings From Discontinued Operations	-	-	-	-	0.35	-15.81
Net Income to Company	82.29	87.22	58.39	49.22	56.32	14.9
Minority Interest in Earnings	-	-	-	-	0.11	5.25
Net Income	82.29	87.22	58.39	49.22	56.42	20.15
Net Income to Common	82.29	87.22	58.39	49.22	56.42	20.15
Net Income Growth	28.30%	49.38%	18.63%	-12.77%	179.99%	196.79%
Shares Outstanding (Basic)	1,332	1,332	1,332	1,332	1,332	1,333
Shares Outstanding (Diluted)	1,332	1,332	1,332	1,332	1,332	1,333
Shares Change (YoY)	-	-	-	-	-0.06%	-0.01%
EPS (Basic)	0.06	0.07	0.04	0.04	0.04	0.02
EPS (Diluted)	0.06	0.07	0.04	0.04	0.04	0.02
EPS Growth	28.30%	49.38%	18.63%	-12.77%	180.17%	196.86%
Free Cash Flow	142.84	97.92	32.31	65.3	5.52	41.89
Free Cash Flow Per Share	0.11	0.07	0.02	0.05	0.00	0.03
Gross Margin	31.47%	31.52%	27.26%	27.47%	28.70%	28.25%
Operating Margin	11.19%	11.79%	8.60%	8.44%	9.44%	4.54%
Profit Margin	11.16%	11.13%	8.18%	7.73%	8.27%	4.05%
Free Cash Flow Margin	19.38%	12.50%	4.52%	10.26%	0.81%	8.42%
EBITDA	86.09	95.6	63.49	55.44	67.14	26.21
EBITDA Margin	11.68%	12.20%	8.89%	8.71%	9.84%	5.27%
D&A For EBITDA	3.6	3.23	2.08	1.72	2.73	3.64
EBIT	82.49	92.37	61.41	53.72	64.41	22.57
EBIT Margin	11.19%	11.79%	8.60%	8.44%	9.44%	4.54%
Effective Tax Rate	12.06%	13.54%	15.19%	15.49%	14.28%	8.28%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.