Canvest Environmental Protection Group Company Limited (HKG: 1381)

Canvest Environmental Protection Group Company 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	4,130	4,980	8,247	6,795	4,988	3,952
Revenue Growth (YoY)	-41.97%	-39.61%	21.37%	36.22%	26.21%	18.83%
Selling, General & Admin	730.02	658.31	580.01	517.95	325.36	226.61
Depreciation & Amortization	-	-	-	-	-	14.92
Other Operating Expenses	1,896	2,680	5,502	4,446	3,263	2,528
Total Operating Expenses	2,626	3,338	6,082	4,964	3,588	2,770
Operating Income	1,504	1,642	2,165	1,830	1,400	1,182
Interest Expense	-704.16	-675.93	-614.28	-423.46	-351.39	-211.28
Interest Income	22.04	18.13	14.5	11.85	10.75	7.09
Net Interest Expense	-682.12	-657.8	-599.78	-411.61	-340.64	-204.18
Income (Loss) on Equity Investments	159.34	153.39	189.93	96.5	118.2	54.77
Currency Exchange Gain (Loss)	-17.82	-9.25	-108.15	30.55	48.7	-11.1
EBT Excluding Unusual Items	963.41	1,128	1,647	1,546	1,226	1,022
Total Merger & Restructuring Charges	-	-	-	-	-	-0.39
Gain (Loss) on Sale of Assets	8.66	11.79	-0.01	1.84	-0.94	0.11
Other Unusual Items	-0.39	-	-	-	31.9	-
Pretax Income	971.68	1,140	1,647	1,547	1,257	1,022
Income Tax Expense	139.66	119.75	287.41	228.24	199.73	129.63
Earnings From Continuing Ops.	832.02	1,021	1,359	1,319	1,057	892.05
Minority Interest in Earnings	4.01	-19.26	-26.66	2.83	-3.39	0.57
Net Income	836.03	1,001	1,333	1,322	1,054	892.62
Net Income to Common	836.03	1,001	1,333	1,322	1,054	892.62
Net Income Growth	-28.49%	-24.88%	0.82%	25.45%	18.06%	18.33%
Shares Outstanding (Basic)	2,429	2,429	2,429	2,429	2,429	2,442
Shares Outstanding (Diluted)	2,429	2,429	2,429	2,429	2,429	2,442
Shares Change (YoY)	-	-	-	-	-0.51%	-0.54%
EPS (Basic)	0.34	0.41	0.55	0.54	0.43	0.37
EPS (Diluted)	0.34	0.41	0.55	0.54	0.43	0.37
EPS Growth	-28.48%	-24.90%	0.85%	25.42%	18.66%	19.07%
Free Cash Flow	771.9	506.8	-363.08	-2,465	-1,835	-504.71
Free Cash Flow Per Share	0.32	0.21	-0.15	-1.01	-0.76	-0.21
Dividend Per Share	0.032	0.081	0.109	0.108	0.086	0.073
Dividend Growth	-66.67%	-25.69%	0.93%	25.58%	17.81%	58.70%
Profit Margin	20.24%	20.11%	16.16%	19.46%	21.13%	22.59%
Free Cash Flow Margin	18.69%	10.18%	-4.40%	-36.28%	-36.80%	-12.77%
EBITDA	2,343	2,463	2,966	2,463	1,841	1,503
EBITDA Margin	56.73%	49.46%	35.97%	36.25%	36.91%	38.03%
D&A For EBITDA	838.69	821.2	801.57	632.83	441.57	320.74
EBIT	1,504	1,642	2,165	1,830	1,400	1,182
EBIT Margin	36.42%	32.97%	26.25%	26.94%	28.06%	29.92%
Effective Tax Rate	14.37%	10.50%	17.45%	14.75%	15.89%	12.69%

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