China Hongqiao Group Limited (HKG: 1378)

China Hongqiao Group Income Statement

Financials in millions CNY. 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	141,482	133,624	131,699	114,491	86,145	84,179
Revenue Growth (YoY)	9.94%	1.46%	15.03%	32.91%	2.33%	-6.67%
Cost of Revenue	108,716	112,787	113,544	84,128	66,807	67,740
Gross Profit	32,766	20,837	18,156	30,363	19,338	16,439
Selling, General & Admin	5,416	5,708	6,531	6,234	4,452	4,094
Other Operating Expenses	-6.2	0.62	0.08	0.76	17.48	15.85
Operating Expenses	5,410	5,709	6,531	6,235	4,470	4,110
Operating Income	27,356	15,128	11,624	24,128	14,868	12,329
Interest Expense	-3,354	-3,268	-3,018	-3,626	-4,506	-5,223
Interest & Investment Income	1,269	1,023	701.02	730.98	620.6	420.43
Earnings From Equity Investments	1,063	1,193	503.34	61.52	514.59	509.35
Currency Exchange Gain (Loss)	-	-	-	393.89	320.83	-
Other Non Operating Income (Expenses)	907.89	2,541	2,977	2,264	1,669	1,419
EBT Excluding Unusual Items	27,241	16,618	12,788	23,953	13,487	9,455
Merger & Restructuring Charges	-	-	-0.09	-	-	-0.24
Impairment of Goodwill	-	-	-	-	-330.59	-
Gain (Loss) on Sale of Investments	21.05	21.05	-	-116.81	-291.26	-
Gain (Loss) on Sale of Assets	7.98	69.94	22.78	-	1.41	401.17
Asset Writedown	-1,353	-818.4	-224.84	-1,389	-162.28	-762.37
Other Unusual Items	-	-	20.52	107.1	-	-475.52
Pretax Income	25,918	15,890	12,607	22,554	12,704	8,771
Income Tax Expense	6,384	3,393	2,798	5,705	2,260	2,316
Earnings From Continuing Operations	19,534	12,498	9,809	16,849	10,445	6,455
Minority Interest in Earnings	-1,375	-1,037	-1,107	-775.46	51.19	-359.81
Net Income	18,159	11,461	8,702	16,073	10,496	6,095
Net Income to Common	18,159	11,461	8,702	16,073	10,496	6,095
Net Income Growth	448.23%	31.70%	-45.86%	53.14%	72.20%	12.72%
Shares Outstanding (Basic)	9,476	9,476	9,299	9,071	8,596	8,600
Shares Outstanding (Diluted)	9,801	9,801	9,299	9,656	8,596	8,862
Shares Change (YoY)	4.01%	5.39%	-3.69%	12.33%	-3.00%	-1.02%
EPS (Basic)	1.92	1.21	0.94	1.77	1.22	0.71
EPS (Diluted)	1.88	1.20	0.94	1.71	1.22	0.70
EPS Growth	434.47%	27.72%	-45.34%	40.20%	74.94%	17.57%
Free Cash Flow	20,748	16,356	-1,227	22,650	12,511	11,313
Free Cash Flow Per Share	2.12	1.67	-0.13	2.35	1.46	1.28
Dividend Per Share	0.810	0.372	0.451	0.855	0.547	0.304
Dividend Growth	281.87%	-17.50%	-47.26%	56.29%	80.08%	44.20%
Gross Margin	23.16%	15.59%	13.79%	26.52%	22.45%	19.53%
Operating Margin	19.34%	11.32%	8.83%	21.07%	17.26%	14.65%
Profit Margin	12.83%	8.58%	6.61%	14.04%	12.18%	7.24%
Free Cash Flow Margin	14.66%	12.24%	-0.93%	19.78%	14.52%	13.44%
EBITDA	34,247	22,088	18,396	30,653	21,561	19,552
EBITDA Margin	24.21%	16.53%	13.97%	26.77%	25.03%	23.23%
D&A For EBITDA	6,891	6,960	6,772	6,524	6,692	7,223
EBIT	27,356	15,128	11,624	24,128	14,868	12,329
EBIT Margin	19.34%	11.32%	8.83%	21.07%	17.26%	14.65%
Effective Tax Rate	24.63%	21.35%	22.19%	25.30%	17.79%	26.40%

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