Chow Tai Fook Jewellery Group Limited (HKG: 1929)

Chow Tai Fook Jewellery Group Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	108,713	108,713	94,684	98,938	70,164	56,751
Revenue Growth (YoY)	14.82%	14.82%	-4.30%	41.01%	23.63%	-14.87%
Cost of Revenue	86,428	86,428	73,513	76,598	50,089	40,655
Gross Profit	22,285	22,285	21,172	22,340	20,075	16,096
Selling, General & Admin	13,300	13,300	13,696	13,964	11,849	11,552
Other Operating Expenses	74.3	74.3	87.5	94.6	51.1	56.6
Operating Expenses	13,375	13,375	13,783	14,059	11,900	11,609
Operating Income	8,911	8,911	7,388	8,281	8,175	4,488
Interest Expense	-704.6	-704.6	-585.4	-337.7	-376	-559.6
Interest & Investment Income	256.4	256.4	301.2	124.1	141.2	138.8
Earnings From Equity Investments	-19.9	-19.9	0.3	5.8	4.6	3.5
Currency Exchange Gain (Loss)	-288.7	-288.7	-328.3	138.1	336.4	-234
Other Non Operating Income (Expenses)	614.9	614.9	625.9	739.9	466.5	387.4
EBT Excluding Unusual Items	8,769	8,769	7,402	8,951	8,748	4,224
Merger & Restructuring Charges	-	-	-	-	-	-4.7
Impairment of Goodwill	-	-	-	-	-231.5	-26.3
Gain (Loss) on Sale of Assets	-40.3	-40.3	-31.3	-29.7	-30.5	41.1
Asset Writedown	-	-	15.3	-	-381.5	-63.4
Other Unusual Items	-	-	60.5	61.4	290.4	34.2
Pretax Income	8,728	8,728	7,447	8,983	8,395	4,205
Income Tax Expense	2,121	2,121	1,957	2,103	2,219	1,221
Earnings From Continuing Operations	6,607	6,607	5,490	6,880	6,176	2,983
Minority Interest in Earnings	-107.9	-107.9	-105.1	-167.6	-149.7	-82.1
Net Income	6,499	6,499	5,384	6,712	6,026	2,901
Net Income to Common	6,499	6,499	5,384	6,712	6,026	2,901
Net Income Growth	20.71%	20.71%	-19.78%	11.38%	107.74%	-36.62%
Shares Outstanding (Basic)	9,996	9,996	10,000	10,000	10,000	10,000
Shares Outstanding (Diluted)	9,996	9,996	10,000	10,000	10,000	10,000
Shares Change (YoY)	-0.04%	-0.04%	-	-	-	-
EPS (Basic)	0.65	0.65	0.54	0.67	0.60	0.29
EPS (Diluted)	0.65	0.65	0.54	0.67	0.60	0.29
EPS Growth	20.75%	20.75%	-19.78%	11.38%	107.74%	-36.62%
Free Cash Flow	12,872	12,872	8,084	12,408	9,637	7,391
Free Cash Flow Per Share	1.29	1.29	0.81	1.24	0.96	0.74
Dividend Per Share	0.550	0.550	0.500	0.500	0.400	0.240
Dividend Growth	10.00%	10.00%	0%	25.00%	66.67%	-31.43%
Gross Margin	20.50%	20.50%	22.36%	22.58%	28.61%	28.36%
Operating Margin	8.20%	8.20%	7.80%	8.37%	11.65%	7.91%
Profit Margin	5.98%	5.98%	5.69%	6.78%	8.59%	5.11%
Free Cash Flow Margin	11.84%	11.84%	8.54%	12.54%	13.74%	13.02%
EBITDA	10,328	10,328	8,723	9,491	9,261	5,520
EBITDA Margin	9.50%	9.50%	9.21%	9.59%	13.20%	9.73%
D&A For EBITDA	1,418	1,418	1,334	1,209	1,086	1,032
EBIT	8,911	8,911	7,388	8,281	8,175	4,488
EBIT Margin	8.20%	8.20%	7.80%	8.37%	11.65%	7.91%
Effective Tax Rate	24.30%	24.30%	26.28%	23.41%	26.43%	29.05%

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