Thing On Enterprise Limited (HKG:2292)

Thing On Enterprise Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	37.33	35.37	37.52	37.62	40.72
Total Revenue	37.33	35.37	37.52	37.62	40.72
Revenue Growth (YoY	5.52%	-5.71%	-0.26%	-7.62%	-7.37%
Property Expenses	5.9	5.38	5.47	5.08	4.92
Selling, General & Administrative	10.41	11.38	11.05	11.41	11.47
Depreciation & Amortization	0.27	0.27	0.27	0.27	0.27
Other Operating Expenses	-	-	-	-	-0.02
Total Operating Expenses	16.58	17.03	16.79	16.76	16.64
Operating Income	20.74	18.34	20.72	20.85	24.08
Interest Expense	-	-	-0.04	-0.46	-1.51
Interest & Investment Income	2.25	1.11	0.19	0.72	1.88
EBT Excluding Unusual Items	22.99	19.45	20.88	21.11	24.46
Asset Writedown	-116.5	-79.23	-57.18	-26.38	-101.75
Other Unusual Items	0.05	0.03	0.61	0.15	0.97
Pretax Income	-93.46	-59.76	-35.69	-5.11	-76.32
Income Tax Expense	3.29	2.87	3.28	3.28	3.49
Net Income	-96.74	-62.63	-38.97	-8.39	-79.81
Net Income to Common	-96.74	-62.63	-38.97	-8.39	-79.81
Basic Shares Outstanding	720	720	720	720	720
Diluted Shares Outstanding	720	720	720	720	720
EPS (Basic)	-0.13	-0.09	-0.05	-0.01	-0.11
EPS (Diluted)	-0.13	-0.09	-0.05	-0.01	-0.11
Operating Margin	55.57%	51.85%	55.24%	55.44%	59.14%
Profit Margin	-259.18%	-177.05%	-103.86%	-22.31%	-196.00%
EBITDA	21.01	18.61	20.99	21.12	24.35
EBITDA Margin	56.29%	52.61%	55.95%	56.15%	59.79%
D&A For Ebitda	0.27	0.27	0.27	0.27	0.27
EBIT	20.74	18.34	20.72	20.85	24.08
EBIT Margin	55.57%	51.85%	55.24%	55.44%	59.14%

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