CK Asset Holdings Limited (HKG: 1113)

CK Asset Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	44,646	47,243	56,341	62,094	57,623	82,382
Revenue Growth (YoY)	-1.29%	-16.15%	-9.26%	7.76%	-30.05%	63.56%
Cost of Revenue	20,575	22,118	26,650	27,240	25,465	44,309
Gross Profit	24,071	25,125	29,691	34,854	32,158	38,073
Selling, General & Admin	11,090	10,685	9,830	8,056	6,967	4,452
Other Operating Expenses	583	587	589	661	717	896
Operating Expenses	13,583	13,199	12,464	10,903	9,930	7,540
Operating Income	10,488	11,926	17,227	23,951	22,228	30,533
Interest Expense	-1,754	-1,583	-1,173	-1,190	-1,378	-1,291
Interest & Investment Income	2,908	3,025	2,805	4,116	4,987	5,088
Earnings From Equity Investments	2,537	2,491	2,655	1,325	648	762
Other Non Operating Income (Expenses)	-39	164	-148	2,495	210	2,190
EBT Excluding Unusual Items	14,140	16,023	21,366	30,697	26,695	37,282
Impairment of Goodwill	-1,963	-1,963	-	-2,005	-	-
Gain (Loss) on Sale of Investments	-	-	606	-	-	-
Gain (Loss) on Sale of Assets	2,077	2,077	738	-	-	-
Asset Writedown	1,433	2,703	-27	1,369	-2,101	228
Other Unusual Items	1,486	1,486	-	-	-	-
Pretax Income	17,173	20,326	22,683	30,061	24,594	37,510
Income Tax Expense	1,543	2,802	2,860	8,533	7,395	7,464
Earnings From Continuing Operations	15,630	17,524	19,823	21,528	17,199	30,046
Earnings From Discontinued Operations	-	-	2,056	417	590	-
Net Income to Company	15,630	17,524	21,879	21,945	17,789	30,046
Minority Interest in Earnings	267	102	87	-464	-957	-371
Net Income	15,897	17,626	21,966	21,481	16,832	29,675
Preferred Dividends & Other Adjustments	286	286	283	240	500	541
Net Income to Common	15,611	17,340	21,683	21,241	16,332	29,134
Net Income Growth	-17.90%	-19.76%	2.26%	27.62%	-43.28%	-27.01%
Shares Outstanding (Basic)	3,538	3,568	3,626	3,677	3,693	3,693
Shares Outstanding (Diluted)	3,538	3,568	3,626	3,677	3,693	3,693
Shares Change (YoY)	-1.71%	-1.60%	-1.40%	-0.43%	-	-0.07%
EPS (Basic)	4.41	4.86	5.98	5.78	4.42	7.89
EPS (Diluted)	4.41	4.86	5.98	5.78	4.42	7.89
EPS Growth	-17.36%	-18.73%	3.53%	30.62%	-43.94%	-27.32%
Free Cash Flow	3,080	-2,025	4,114	22,170	22,973	37,692
Free Cash Flow Per Share	0.87	-0.57	1.13	6.03	6.22	10.21
Dividend Per Share	2.010	2.050	2.280	2.200	1.800	2.100
Dividend Growth	-11.84%	-10.09%	3.64%	22.22%	-14.29%	10.53%
Gross Margin	53.92%	53.18%	52.70%	56.13%	55.81%	46.22%
Operating Margin	23.49%	25.24%	30.58%	38.57%	38.57%	37.06%
Profit Margin	34.97%	36.70%	38.49%	34.21%	28.34%	35.36%
Free Cash Flow Margin	6.90%	-4.29%	7.30%	35.70%	39.87%	45.75%
EBITDA	12,398	13,853	19,272	27,467	25,673	32,725
EBITDA Margin	27.77%	29.32%	34.21%	44.23%	44.55%	39.72%
D&A For EBITDA	1,910	1,927	2,045	3,516	3,445	2,192
EBIT	10,488	11,926	17,227	23,951	22,228	30,533
EBIT Margin	23.49%	25.24%	30.58%	38.57%	38.57%	37.06%
Effective Tax Rate	8.98%	13.79%	12.61%	28.39%	30.07%	19.90%

Source: S&P Capital IQ. Standard template. Financial Sources.