China Cultural Tourism and Agriculture Group Limited (HKG:0542)

HKG:0542 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
Revenue	216.16	305.02	1,602	7.77	22.36
Revenue Growth (YoY)	-29.13%	-80.96%	20504.57%	-65.23%	-35.12%
Cost of Revenue	123.68	187.26	925.53	3.6	7.19
Gross Profit	92.48	117.77	676.27	4.18	15.17
Selling, General & Admin	95.73	80.33	135.1	164.84	119.65
Operating Expenses	108.41	80.33	135.1	164.84	127.84
Operating Income	-15.94	37.43	541.17	-160.66	-112.67
Interest Expense	-133.52	-147.25	-203.71	-135.69	-86.78
Interest & Investment Income	0.2	0.5	1.04	1.55	12.89
Other Non Operating Income (Expenses)	1.81	95.3	15.73	3.98	5.47
EBT Excluding Unusual Items	-147.44	-14.02	354.24	-290.81	-181.09
Impairment of Goodwill	-	-	-	-50.29	-
Gain (Loss) on Sale of Assets	-74.15	-153.17	222.17	-	-
Asset Writedown	-10.09	-1.75	-28.51	-	-35.52
Other Unusual Items	-	-	-	-	0.01
Pretax Income	-231.68	-168.93	547.9	-341.1	-216.59
Income Tax Expense	0.39	35.5	217.76	0.4	0.16
Earnings From Continuing Operations	-232.08	-204.43	330.13	-341.51	-216.76
Net Income to Company	-232.08	-204.43	330.13	-341.51	-216.76
Minority Interest in Earnings	28.59	11.72	-64.96	15.24	-0.96
Net Income	-203.48	-192.71	265.18	-326.26	-217.71
Net Income to Common	-203.48	-192.71	265.18	-326.26	-217.71
Shares Outstanding (Basic)	7,687	7,273	6,946	6,946	6,946
Shares Outstanding (Diluted)	7,687	7,273	6,946	6,946	6,946
Shares Change (YoY)	5.69%	4.70%	-	-	-
EPS (Basic)	-0.03	-0.03	0.04	-0.05	-0.03
EPS (Diluted)	-0.03	-0.03	0.04	-0.05	-0.03
Free Cash Flow	27.91	-257.49	139.21	176.68	-25.4
Free Cash Flow Per Share	0.00	-0.04	0.02	0.03	-0.00
Gross Margin	42.78%	38.61%	42.22%	53.74%	67.84%
Operating Margin	-7.37%	12.27%	33.78%	-2066.63%	-503.89%
Profit Margin	-94.14%	-63.18%	16.55%	-4196.86%	-973.68%
Free Cash Flow Margin	12.91%	-84.42%	8.69%	2272.65%	-113.61%
EBITDA	2.82	57.01	562.26	-138.34	-86.81
EBITDA Margin	1.30%	18.69%	35.10%	-	-
D&A For EBITDA	18.75	19.57	21.09	22.32	25.86
EBIT	-15.94	37.43	541.17	-160.66	-112.67
EBIT Margin	-7.37%	12.27%	33.78%	-	-
Effective Tax Rate	-	-	39.75%	-	-

Updated Sep 26, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.