CK Asset Holdings Limited (HKG:1113)

CK Asset Holdings 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	45,529	47,243	56,341	62,094	57,623
Revenue Growth (YoY)	-3.63%	-16.15%	-9.26%	7.76%	-30.05%
Cost of Revenue	21,623	22,118	26,650	27,240	25,465
Gross Profit	23,906	25,125	29,691	34,854	32,158
Selling, General & Admin	11,327	10,685	9,830	8,056	6,967
Other Operating Expenses	574	587	589	661	717
Operating Expenses	13,827	13,199	12,464	10,903	9,930
Operating Income	10,079	11,926	17,227	23,951	22,228
Interest Expense	-2,029	-1,583	-1,173	-1,190	-1,378
Interest & Investment Income	3,001	3,025	2,805	4,116	4,987
Earnings From Equity Investments	3,191	2,491	2,655	1,325	648
Other Non Operating Income (Expenses)	476	164	-148	2,495	210
EBT Excluding Unusual Items	14,718	16,023	21,366	30,697	26,695
Impairment of Goodwill	-	-1,963	-	-2,005	-
Gain (Loss) on Sale of Investments	-	-	606	-	-
Gain (Loss) on Sale of Assets	-	2,077	738	-	-
Asset Writedown	116	2,703	-27	1,369	-2,101
Other Unusual Items	-	1,486	-	-	-
Pretax Income	14,834	20,326	22,683	30,061	24,594
Income Tax Expense	1,100	2,802	2,860	8,533	7,395
Earnings From Continuing Operations	13,734	17,524	19,823	21,528	17,199
Earnings From Discontinued Operations	-	-	2,056	417	590
Net Income to Company	13,734	17,524	21,879	21,945	17,789
Minority Interest in Earnings	208	102	87	-464	-957
Net Income	13,942	17,626	21,966	21,481	16,832
Preferred Dividends & Other Adjustments	285	286	283	240	500
Net Income to Common	13,657	17,340	21,683	21,241	16,332
Net Income Growth	-20.90%	-19.76%	2.26%	27.62%	-43.28%
Shares Outstanding (Basic)	3,514	3,571	3,628	3,677	3,693
Shares Outstanding (Diluted)	3,514	3,571	3,628	3,677	3,693
Shares Change (YoY)	-1.58%	-1.58%	-1.34%	-0.43%	-
EPS (Basic)	3.89	4.86	5.98	5.78	4.42
EPS (Diluted)	3.89	4.86	5.98	5.78	4.42
EPS Growth	-19.97%	-18.75%	3.47%	30.62%	-43.94%
Free Cash Flow	-	-2,025	4,114	22,170	22,973
Free Cash Flow Per Share	-	-0.57	1.13	6.03	6.22
Dividend Per Share	1.740	2.050	2.280	2.200	1.800
Dividend Growth	-15.12%	-10.09%	3.64%	22.22%	-14.29%
Gross Margin	52.51%	53.18%	52.70%	56.13%	55.81%
Operating Margin	22.14%	25.24%	30.58%	38.57%	38.57%
Profit Margin	30.00%	36.70%	38.48%	34.21%	28.34%
Free Cash Flow Margin	-	-4.29%	7.30%	35.70%	39.87%
EBITDA	12,006	13,853	19,272	27,467	25,673
EBITDA Margin	26.37%	29.32%	34.21%	44.23%	44.55%
D&A For EBITDA	1,927	1,927	2,045	3,516	3,445
EBIT	10,079	11,926	17,227	23,951	22,228
EBIT Margin	22.14%	25.24%	30.58%	38.57%	38.57%
Effective Tax Rate	7.41%	13.79%	12.61%	28.39%	30.07%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.