CN Logistics International Holdings Limited (HKG:2130)

HKG:2130 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,983	2,746	2,104	2,788	2,673	2,021
Revenue Growth (YoY)	29.11%	30.49%	-24.53%	4.29%	32.31%	36.17%
Cost of Revenue	2,458	2,234	1,687	2,274	2,173	1,628
Gross Profit	525.32	511.72	417.42	513.76	500.36	392.31
Selling, General & Admin	420.59	409.61	380.32	347.59	321.32	242.04
Other Operating Expenses	12.86	8.12	2.29	6.95	5.14	2.8
Operating Expenses	435.06	419.34	383.36	360.54	325.43	248.42
Operating Income	90.26	92.38	34.07	153.21	174.93	143.89
Interest Expense	-25.86	-27.07	-22.56	-13.75	-7.97	-11.75
Interest & Investment Income	5.1	5.1	3.87	1.37	0.6	0.38
Earnings From Equity Investments	3.16	3.41	3.17	1.04	0.96	0.59
Currency Exchange Gain (Loss)	7.89	7.89	-1.25	-0.53	0.4	-4.13
EBT Excluding Unusual Items	80.54	81.71	17.3	141.35	168.92	128.99
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.1	1.04	0.4	0.09
Other Unusual Items	1.17	1.17	55.18	5.38	0.67	-12.37
Pretax Income	81.7	82.87	72.38	147.76	169.98	116.7
Income Tax Expense	50.89	50.9	24.13	48.25	46.64	34.69
Earnings From Continuing Operations	30.81	31.97	48.25	99.51	123.35	82.01
Minority Interest in Earnings	-1.98	0.04	0.03	-12.88	-39.94	-26.49
Net Income	28.83	32.01	48.28	86.63	83.41	55.52
Net Income to Common	28.83	32.01	48.28	86.63	83.41	55.52
Net Income Growth	-46.37%	-33.70%	-44.27%	3.86%	50.24%	135.12%
Shares Outstanding (Basic)	293	293	293	269	254	135
Shares Outstanding (Diluted)	293	293	293	269	254	135
Shares Change (YoY)	-	-	8.62%	6.27%	88.00%	34.89%
EPS (Basic)	0.10	0.11	0.16	0.32	0.33	0.41
EPS (Diluted)	0.10	0.11	0.16	0.32	0.33	0.41
EPS Growth	-46.56%	-33.92%	-48.69%	-2.27%	-20.09%	74.31%
Free Cash Flow	-	41.99	75.75	93.41	150.87	181.71
Free Cash Flow Per Share	-	0.14	0.26	0.35	0.59	1.35
Dividend Per Share	0.020	0.030	0.040	0.230	0.210	0.150
Dividend Growth	-33.33%	-25.00%	-82.61%	9.52%	40.00%	-
Gross Margin	17.61%	18.64%	19.84%	18.43%	18.72%	19.42%
Operating Margin	3.02%	3.36%	1.62%	5.50%	6.54%	7.12%
Profit Margin	0.97%	1.17%	2.30%	3.11%	3.12%	2.75%
Free Cash Flow Margin	-	1.53%	3.60%	3.35%	5.64%	8.99%
EBITDA	119.15	121.45	66.06	181.89	195.5	159.77
EBITDA Margin	3.99%	4.42%	3.14%	6.52%	7.31%	7.91%
D&A For EBITDA	28.9	29.07	32	28.68	20.57	15.88
EBIT	90.26	92.38	34.07	153.21	174.93	143.89
EBIT Margin	3.02%	3.36%	1.62%	5.50%	6.54%	7.12%
Effective Tax Rate	62.29%	61.42%	33.34%	32.66%	27.43%	29.73%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.