Glorious Sun Enterprises Limited (HKG:0393)

Glorious Sun Enterprises Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	715.79	771.52	1,018	942.78	641.58
Other Revenue	194.39	49.72	42.57	55.06	65.97
Revenue	910.17	821.24	1,061	997.84	707.55
Revenue Growth (YoY)	10.83%	-22.57%	6.30%	41.03%	-41.63%
Cost of Revenue	587.71	660.88	898.01	831.59	567.86
Gross Profit	322.46	160.36	162.68	166.25	139.69
Selling, General & Admin	109.04	103.01	110.23	101.19	99.28
Other Operating Expenses	1.97	1.79	13.98	4.98	3.06
Operating Expenses	99.9	110.99	125.69	118.57	101.26
Operating Income	222.56	49.37	36.98	47.68	38.44
Interest Expense	-2.31	-2.51	-3.34	-2.49	-2.08
Interest & Investment Income	48.14	96.65	31.11	21.54	21.57
Currency Exchange Gain (Loss)	0.73	6.23	-	7.72	30.75
Other Non Operating Income (Expenses)	24.17	17.62	23.47	23.22	16.02
EBT Excluding Unusual Items	293.29	167.36	88.23	97.67	104.71
Impairment of Goodwill	-	-	-	-	-4.58
Gain (Loss) on Sale of Investments	-193.97	-115.62	-44.84	-96.9	2.76
Gain (Loss) on Sale of Assets	-0.05	-0.07	-0.09	46.5	-0.02
Asset Writedown	-0.55	-	-	-	-4.29
Other Unusual Items	3.06	0.19	1.27	2.31	4.14
Pretax Income	101.78	51.85	44.57	49.57	102.72
Income Tax Expense	28.13	7.56	-0.93	6.41	4.6
Earnings From Continuing Operations	73.65	44.29	45.49	43.16	98.12
Net Income to Company	73.65	44.29	45.49	43.16	98.12
Minority Interest in Earnings	-12.27	-0.68	-6.27	-6.17	-8.1
Net Income	61.38	43.61	39.23	37	90.02
Net Income to Common	61.38	43.61	39.23	37	90.02
Net Income Growth	40.75%	11.17%	6.04%	-58.90%	-18.45%
Shares Outstanding (Basic)	1,512	1,524	1,528	1,539	1,528
Shares Outstanding (Diluted)	1,512	1,524	1,528	1,539	1,528
Shares Change (YoY)	-0.82%	-0.23%	-0.70%	0.68%	-0.00%
EPS (Basic)	0.04	0.03	0.03	0.02	0.06
EPS (Diluted)	0.04	0.03	0.03	0.02	0.06
EPS Growth	41.95%	11.40%	6.97%	-59.25%	-18.42%
Free Cash Flow	274.02	78.27	18.72	-27.23	184.11
Free Cash Flow Per Share	0.18	0.05	0.01	-0.02	0.12
Dividend Per Share	0.098	0.068	0.060	0.060	0.060
Dividend Growth	44.12%	13.33%	-	-	-
Gross Margin	35.43%	19.53%	15.34%	16.66%	19.74%
Operating Margin	24.45%	6.01%	3.49%	4.78%	5.43%
Profit Margin	6.74%	5.31%	3.70%	3.71%	12.72%
Free Cash Flow Margin	30.11%	9.53%	1.76%	-2.73%	26.02%
EBITDA	226.05	52.86	40	50.18	40.29
EBITDA Margin	24.84%	6.44%	3.77%	5.03%	5.70%
D&A For EBITDA	3.49	3.49	3.02	2.5	1.86
EBIT	222.56	49.37	36.98	47.68	38.44
EBIT Margin	24.45%	6.01%	3.49%	4.78%	5.43%
Effective Tax Rate	27.63%	14.58%	-	12.94%	4.48%
Revenue as Reported	910.17	821.24	1,061	997.84	707.55

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