China Communications Services Corporation Limited (HKG:0552)

HKG:0552 Income Statement

Financials in millions CNY. 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	150,000	148,615	140,748	133,991	122,649
Revenue Growth (YoY)	0.93%	5.59%	5.04%	9.25%	4.46%
Cost of Revenue	132,404	131,357	124,766	119,207	108,911
Gross Profit	17,596	17,257	15,982	14,784	13,738
Selling, General & Admin	15,054	14,913	13,960	12,952	11,826
Other Operating Expenses	187.21	146.39	133.98	187.8	159.51
Operating Expenses	15,241	15,059	14,094	13,140	11,986
Operating Income	2,355	2,198	1,888	1,645	1,752
Interest Expense	-105.52	-113.73	-91.05	-78.62	-63.48
Interest & Investment Income	858.12	870.75	769.13	729.85	642.01
Earnings From Equity Investments	149.15	116.34	92.75	91.92	168.93
Currency Exchange Gain (Loss)	8.45	-15.73	-0.16	-15.88	-42.42
Other Non Operating Income (Expenses)	760.11	988.25	1,108	1,065	1,015
EBT Excluding Unusual Items	4,025	4,044	3,766	3,437	3,472
Gain (Loss) on Sale of Assets	20.91	14.72	20.12	105.7	-8.66
Other Unusual Items	64.61	51.08	50.58	35.71	24.72
Pretax Income	4,111	4,109	3,837	3,578	3,488
Income Tax Expense	357.44	377.81	356.1	392.67	398.28
Earnings From Continuing Operations	3,753	3,732	3,481	3,186	3,089
Minority Interest in Earnings	-146.54	-147.29	-121.13	-28.33	-7.85
Net Income	3,607	3,584	3,360	3,157	3,081
Net Income to Common	3,607	3,584	3,360	3,157	3,081
Net Income Growth	0.63%	6.69%	6.40%	2.46%	1.06%
Shares Outstanding (Basic)	6,926	6,926	6,926	6,926	6,926
Shares Outstanding (Diluted)	6,926	6,926	6,926	6,926	6,926
EPS (Basic)	0.52	0.52	0.49	0.46	0.44
EPS (Diluted)	0.52	0.52	0.49	0.46	0.44
EPS Growth	0.63%	6.69%	6.40%	2.46%	1.06%
Free Cash Flow	5,139	4,138	3,683	2,737	1,922
Free Cash Flow Per Share	0.74	0.60	0.53	0.40	0.28
Dividend Per Share	0.219	0.217	0.194	0.164	0.134
Dividend Growth	0.60%	12.12%	18.16%	22.92%	1.06%
Gross Margin	11.73%	11.61%	11.36%	11.03%	11.20%
Operating Margin	1.57%	1.48%	1.34%	1.23%	1.43%
Profit Margin	2.40%	2.41%	2.39%	2.36%	2.51%
Free Cash Flow Margin	3.43%	2.78%	2.62%	2.04%	1.57%
EBITDA	3,422	3,255	2,902	2,624	2,614
EBITDA Margin	2.28%	2.19%	2.06%	1.96%	2.13%
D&A For EBITDA	1,067	1,058	1,014	978.89	862.05
EBIT	2,355	2,198	1,888	1,645	1,752
EBIT Margin	1.57%	1.48%	1.34%	1.23%	1.43%
Effective Tax Rate	8.70%	9.19%	9.28%	10.97%	11.42%

Updated Aug 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.