China Unicom (Hong Kong) Limited (HKG:0762)

China Unicom (Hong Kong) Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	393,447	389,589	372,597	354,944	327,854	303,838
Revenue Growth (YoY)	4.96%	4.56%	4.97%	8.26%	7.90%	4.59%
Cost of Revenue	185,177	172,436	161,199	154,798	148,365	133,920
Gross Profit	208,270	217,153	211,398	200,146	179,489	169,918
Selling, General & Admin	2,173	13,296	12,327	11,731	9,863	9,460
Other Operating Expenses	107,223	107,259	98,078	87,364	69,557	63,954
Operating Expenses	191,808	203,947	195,252	185,924	165,072	156,431
Operating Income	16,462	13,206	16,146	14,222	14,417	13,487
Interest Expense	-1,719	-1,740	-1,981	-1,060	-1,303	-1,612
Interest & Investment Income	2,002	2,522	2,688	2,334	2,244	1,750
Earnings From Equity Investments	4,039	4,073	4,322	3,746	3,310	2,375
Currency Exchange Gain (Loss)	-	-26	55	15	-8	-46
Other Non Operating Income (Expenses)	4,830	4,326	2,768	3,117	3,040	2,197
EBT Excluding Unusual Items	25,614	22,361	23,998	22,374	21,700	18,151
Gain (Loss) on Sale of Investments	-	66	128	96	-24	241
Gain (Loss) on Sale of Assets	-	2,827	-1,181	-1,882	-3,749	-2,365
Pretax Income	25,614	25,254	22,945	20,588	17,927	16,027
Income Tax Expense	4,594	4,521	4,023	3,751	3,420	3,450
Earnings From Continuing Operations	21,020	20,733	18,922	16,837	14,507	12,577
Minority Interest in Earnings	-91	-120	-196	-92	-139	-84
Net Income	20,929	20,613	18,726	16,745	14,368	12,493
Net Income to Common	20,929	20,613	18,726	16,745	14,368	12,493
Net Income Growth	9.10%	10.08%	11.83%	16.54%	15.01%	10.27%
Shares Outstanding (Basic)	-	30,598	30,598	30,598	30,598	30,598
Shares Outstanding (Diluted)	-	30,598	30,598	30,598	30,598	30,598
EPS (Basic)	-	0.67	0.61	0.55	0.47	0.41
EPS (Diluted)	-	0.67	0.61	0.55	0.47	0.41
EPS Growth	-	10.08%	11.88%	16.49%	15.01%	10.35%
Free Cash Flow	-	13,662	23,016	28,067	38,589	46,895
Free Cash Flow Per Share	-	0.45	0.75	0.92	1.26	1.53
Dividend Per Share	-	0.404	0.337	0.274	0.216	0.164
Dividend Growth	-	20.11%	22.85%	26.85%	31.71%	10.81%
Gross Margin	52.94%	55.74%	56.74%	56.39%	54.75%	55.92%
Operating Margin	4.18%	3.39%	4.33%	4.01%	4.40%	4.44%
Profit Margin	5.32%	5.29%	5.03%	4.72%	4.38%	4.11%
Free Cash Flow Margin	-	3.51%	6.18%	7.91%	11.77%	15.43%
EBITDA	87,646	79,494	84,122	83,984	83,852	79,596
EBITDA Margin	22.28%	20.40%	22.58%	23.66%	25.58%	26.20%
D&A For EBITDA	71,184	66,288	67,976	69,762	69,435	66,109
EBIT	16,462	13,206	16,146	14,222	14,417	13,487
EBIT Margin	4.18%	3.39%	4.33%	4.01%	4.40%	4.44%
Effective Tax Rate	17.94%	17.90%	17.53%	18.22%	19.08%	21.53%
Advertising Expenses	-	2,069	2,130	2,717	2,682	2,723

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.