China Resources Land Limited (HKG:1109)

China Resources Land Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	281,438	278,905	251,137	207,061	212,108
Revenue Growth (YoY)	0.91%	11.06%	21.29%	-2.38%	18.11%
Cost of Revenue	221,694	218,549	187,975	152,771	154,909
Gross Profit	59,744	60,356	63,162	54,291	57,200
Selling, General & Admin	14,528	13,840	13,980	11,280	11,965
Operating Expenses	14,528	13,840	13,980	11,280	11,965
Operating Income	45,216	46,516	49,181	43,010	45,234
Interest Expense	-2,922	-2,973	-1,577	-1,541	-1,230
Interest & Investment Income	1,977	2,969	3,073	2,284	2,602
Earnings From Equity Investments	1,960	388.23	2,360	4,101	4,297
Currency Exchange Gain (Loss)	-90.11	-33.18	-14.23	-2,186	788.5
Other Non Operating Income (Expenses)	521.59	1,049	886.12	980.59	862.62
EBT Excluding Unusual Items	46,662	47,916	53,909	46,650	52,554
Gain (Loss) on Sale of Investments	-	-	5.62	828.64	-
Gain (Loss) on Sale of Assets	803.57	2,642	1,505	1,053	16.83
Asset Writedown	5,887	7,632	8,001	6,978	7,795
Other Unusual Items	-	-	3,017	-	-
Pretax Income	53,353	58,191	66,438	55,509	60,366
Income Tax Expense	20,533	24,557	29,134	23,140	22,970
Earnings From Continuing Operations	32,819	33,634	37,304	32,370	37,395
Minority Interest in Earnings	-7,402	-8,101	-5,938	-4,278	-4,994
Net Income	25,418	25,533	31,365	28,092	32,401
Net Income to Common	25,418	25,533	31,365	28,092	32,401
Net Income Growth	-0.45%	-18.60%	11.65%	-13.30%	7.89%
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
EPS (Basic)	3.56	3.58	4.40	3.94	4.54
EPS (Diluted)	3.56	3.58	4.40	3.94	4.54
EPS Growth	-0.45%	-18.60%	11.65%	-13.30%	8.69%
Free Cash Flow	37,904	45,647	46,221	-666.98	4,841
Free Cash Flow Per Share	5.32	6.40	6.48	-0.09	0.68
Dividend Per Share	1.166	1.319	1.441	1.401	1.380
Dividend Growth	-11.60%	-8.47%	2.85%	1.52%	10.22%
Gross Margin	21.23%	21.64%	25.15%	26.22%	26.97%
Operating Margin	16.07%	16.68%	19.58%	20.77%	21.33%
Profit Margin	9.03%	9.16%	12.49%	13.57%	15.28%
Free Cash Flow Margin	13.47%	16.37%	18.40%	-0.32%	2.28%
EBITDA	46,379	47,563	50,082	43,899	46,123
EBITDA Margin	16.48%	17.05%	19.94%	21.20%	21.75%
D&A For EBITDA	1,163	1,047	900.44	888.8	889.11
EBIT	45,216	46,516	49,181	43,010	45,234
EBIT Margin	16.07%	16.68%	19.58%	20.77%	21.33%
Effective Tax Rate	38.49%	42.20%	43.85%	41.69%	38.05%

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