China Resources Land Limited (HKG:1109)

China Resources Land 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	278,799	251,137	207,061	212,108	179,587
Revenue Growth (YoY)	11.02%	21.29%	-2.38%	18.11%	21.21%
Cost of Revenue	218,466	187,975	152,771	154,909	124,172
Gross Profit	60,334	63,162	54,291	57,200	55,415
Selling, General & Admin	13,795	13,980	11,280	11,965	10,439
Operating Expenses	13,795	13,980	11,280	11,965	10,439
Operating Income	46,538	49,181	43,010	45,234	44,976
Interest Expense	-2,953	-1,577	-1,541	-1,230	-1,074
Interest & Investment Income	-	3,073	2,284	2,602	2,170
Earnings From Equity Investments	388.23	2,360	4,101	4,297	3,000
Currency Exchange Gain (Loss)	-	-14.23	-2,186	788.5	1,368
Other Non Operating Income (Expenses)	6,622	886.12	980.59	862.62	843.86
EBT Excluding Unusual Items	50,596	53,909	46,650	52,554	51,283
Gain (Loss) on Sale of Investments	-	5.62	828.64	-	-12.31
Gain (Loss) on Sale of Assets	-	1,505	1,053	16.83	16.8
Asset Writedown	7,632	8,001	6,978	7,795	8,884
Other Unusual Items	-	3,017	-	-	-
Pretax Income	58,228	66,438	55,509	60,366	60,172
Income Tax Expense	24,550	29,134	23,140	22,970	26,082
Earnings From Continuing Operations	33,678	37,304	32,370	37,395	34,090
Minority Interest in Earnings	-8,101	-5,938	-4,278	-4,994	-4,060
Net Income	25,577	31,365	28,092	32,401	30,031
Preferred Dividends & Other Adjustments	-	-	-	-	220.57
Net Income to Common	25,577	31,365	28,092	32,401	29,810
Net Income Growth	-18.45%	11.65%	-13.30%	7.89%	3.29%
Shares Outstanding (Basic)	7,131	7,131	7,131	7,131	7,131
Shares Outstanding (Diluted)	7,131	7,131	7,131	7,131	7,131
Shares Change (YoY)	-	-	-	-	2.39%
EPS (Basic)	3.59	4.40	3.94	4.54	4.18
EPS (Diluted)	3.59	4.40	3.94	4.54	4.18
EPS Growth	-18.45%	11.65%	-13.30%	8.69%	1.15%
Free Cash Flow	-	46,221	-666.98	4,841	19,435
Free Cash Flow Per Share	-	6.48	-0.09	0.68	2.73
Dividend Per Share	1.319	1.441	1.401	1.380	1.252
Dividend Growth	-8.47%	2.85%	1.52%	10.22%	17.45%
Gross Margin	21.64%	25.15%	26.22%	26.97%	30.86%
Operating Margin	16.69%	19.58%	20.77%	21.33%	25.04%
Profit Margin	9.17%	12.49%	13.57%	15.28%	16.60%
Free Cash Flow Margin	-	18.40%	-0.32%	2.28%	10.82%
EBITDA	47,439	50,082	43,899	46,123	45,660
EBITDA Margin	17.02%	19.94%	21.20%	21.75%	25.42%
D&A For EBITDA	900.44	900.44	888.8	889.11	683.94
EBIT	46,538	49,181	43,010	45,234	44,976
EBIT Margin	16.69%	19.58%	20.77%	21.33%	25.04%
Effective Tax Rate	42.16%	43.85%	41.69%	38.05%	43.34%

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