China Communications Construction Company Limited (HKG: 1800)

China Communications Construction Company 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	741,256	753,645	717,448	681,644	623,527	551,357
Other Revenue	5,031	5,031	4,440	4,187	4,059	4,089
Revenue	746,287	758,676	721,887	685,831	627,586	555,446
Revenue Growth (YoY)	2.38%	5.10%	5.26%	9.28%	12.99%	13.15%
Cost of Revenue	650,290	662,536	636,607	599,472	545,647	484,549
Gross Profit	95,997	96,140	85,281	86,359	81,940	70,897
Selling, General & Admin	22,431	22,209	22,591	21,651	22,324	23,502
Research & Development	27,445	27,316	23,475	22,588	19,222	12,114
Other Operating Expenses	2,568	2,170	2,596	2,280	2,672	2,115
Operating Expenses	56,965	55,973	54,634	49,636	47,493	40,601
Operating Income	39,032	40,167	30,647	36,723	34,446	30,296
Interest Expense	-23,122	-21,809	-20,345	-18,428	-15,960	-13,955
Interest & Investment Income	26,651	23,896	22,657	14,815	10,322	10,180
Currency Exchange Gain (Loss)	1,114	1,114	1,773	-1,101	-1,344	565.58
Other Non Operating Income (Expenses)	-6,450	-5,689	-5,320	-4,792	-3,415	-2,743
EBT Excluding Unusual Items	37,225	37,679	29,411	27,218	24,050	24,344
Impairment of Goodwill	-195.67	-195.67	-50	-	-	-
Gain (Loss) on Sale of Investments	-1,448	-2,191	-136.22	178.98	213.88	807.94
Gain (Loss) on Sale of Assets	396.74	510.97	1,385	770.75	427.44	526.54
Asset Writedown	98.03	-4.89	-82.09	-	-3.36	-0.35
Legal Settlements	-253.31	-253.31	-241.04	-19.56	-	-9.93
Other Unusual Items	700.04	700.04	897.82	511.15	686.68	828.7
Pretax Income	36,641	36,364	31,269	28,748	25,450	26,600
Income Tax Expense	6,284	6,140	6,259	5,250	6,101	5,069
Earnings From Continuing Operations	30,356	30,224	25,010	23,498	19,349	21,530
Net Income to Company	30,356	30,224	25,010	23,498	19,349	21,530
Minority Interest in Earnings	-6,644	-6,413	-5,747	-5,503	-3,143	-1,517
Net Income	23,712	23,812	19,263	17,995	16,206	20,013
Preferred Dividends & Other Adjustments	1,327	1,327	1,559	1,528	1,585	1,283
Net Income to Common	22,385	22,484	17,705	16,467	14,621	18,730
Net Income Growth	19.76%	23.61%	7.05%	11.04%	-19.02%	1.69%
Shares Outstanding (Basic)	16,188	16,166	16,166	16,166	16,170	16,175
Shares Outstanding (Diluted)	16,188	16,166	16,166	16,166	16,170	16,175
Shares Change (YoY)	0.70%	-	-	-0.02%	-0.03%	-
EPS (Basic)	1.38	1.39	1.10	1.02	0.90	1.16
EPS (Diluted)	1.38	1.39	1.10	1.02	0.90	1.16
EPS Growth	21.78%	26.92%	7.52%	13.18%	-22.28%	0.69%
Free Cash Flow	-42,206	-26,882	-33,030	-49,588	-78,333	-58,691
Free Cash Flow Per Share	-2.61	-1.66	-2.04	-3.07	-4.84	-3.63
Dividend Per Share	0.433	0.293	0.217	0.204	0.181	0.233
Dividend Growth	99.28%	34.76%	6.56%	12.62%	-22.29%	0.86%
Gross Margin	12.86%	12.67%	11.81%	12.59%	13.06%	12.76%
Operating Margin	5.23%	5.29%	4.25%	5.35%	5.49%	5.45%
Profit Margin	3.00%	2.96%	2.45%	2.40%	2.33%	3.37%
Free Cash Flow Margin	-5.66%	-3.54%	-4.58%	-7.23%	-12.48%	-10.57%
EBITDA	49,988	51,455	42,376	47,044	44,872	40,921
EBITDA Margin	6.70%	6.78%	5.87%	6.86%	7.15%	7.37%
D&A For EBITDA	10,956	11,288	11,729	10,321	10,426	10,624
EBIT	39,032	40,167	30,647	36,723	34,446	30,296
EBIT Margin	5.23%	5.29%	4.25%	5.35%	5.49%	5.45%
Effective Tax Rate	17.15%	16.88%	20.02%	18.26%	23.97%	19.06%

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