Qinhuangdao Port Co., Ltd. (HKG:3369)

Qinhuangdao Port Income Statement

Financials in millions CNY. 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
Operating Revenue	6,843	7,036	6,913	6,587	6,442
Other Revenue	22.2	19.15	6.23	7.88	14.06
Revenue	6,865	7,055	6,919	6,595	6,456
Revenue Growth (YoY)	-2.69%	1.96%	4.92%	2.15%	-3.97%
Cost of Revenue	4,262	4,435	4,290	4,124	3,883
Gross Profit	2,604	2,620	2,629	2,471	2,573
Selling, General & Admin	666.2	636.64	639.91	630.99	625.22
Research & Development	173.67	154.05	143.99	53.88	11.47
Other Operating Expenses	123.4	118.58	134.35	206.08	357.24
Operating Expenses	963.89	910.39	920.98	890.02	989.45
Operating Income	1,640	1,710	1,708	1,581	1,584
Interest Expense	-172.34	-236.31	-234.36	-277.58	-306.66
Interest & Investment Income	537.51	442.48	328.93	246.34	242.46
Currency Exchange Gain (Loss)	-0.4	-0.14	0.86	-0.09	0.33
Other Non Operating Income (Expenses)	9.85	4.8	-13.82	-29.53	-6.95
EBT Excluding Unusual Items	2,015	1,920	1,790	1,520	1,513
Merger & Restructuring Charges	-199.18	-88.83	-179.74	-276.31	-256.26
Gain (Loss) on Sale of Investments	-	-	-	-	-59.58
Gain (Loss) on Sale of Assets	82.32	8.85	0.57	-	-3.69
Asset Writedown	-	-4.01	-28.65	-20.32	-20.35
Other Unusual Items	2.55	46.67	81.34	58.06	60.75
Pretax Income	1,900	1,883	1,663	1,281	1,234
Income Tax Expense	325.67	318.67	306.12	284.3	334.23
Earnings From Continuing Operations	1,575	1,564	1,357	997.14	899.6
Minority Interest in Earnings	-9.69	-33.27	-48.65	41.25	95.53
Net Income	1,565	1,531	1,308	1,038	995.13
Net Income to Common	1,565	1,531	1,308	1,038	995.13
Net Income Growth	2.20%	17.03%	26.00%	4.35%	6.86%
Shares Outstanding (Basic)	5,587	5,587	5,689	5,587	5,587
Shares Outstanding (Diluted)	5,587	5,587	5,689	5,587	5,587
Shares Change (YoY)	-	-1.78%	1.81%	-	-
EPS (Basic)	0.28	0.27	0.23	0.19	0.18
EPS (Diluted)	0.28	0.27	0.23	0.19	0.18
EPS Growth	3.70%	17.39%	23.76%	4.35%	6.86%
Free Cash Flow	1,366	1,333	1,724	1,178	1,346
Free Cash Flow Per Share	0.24	0.24	0.30	0.21	0.24
Dividend Per Share	0.085	0.083	0.071	0.056	0.064
Dividend Growth	2.41%	16.90%	26.79%	-12.50%	-28.89%
Gross Margin	37.93%	37.14%	38.00%	37.47%	39.86%
Operating Margin	23.89%	24.23%	24.69%	23.97%	24.53%
Profit Margin	22.79%	21.70%	18.91%	15.75%	15.41%
Free Cash Flow Margin	19.90%	18.89%	24.92%	17.87%	20.85%
EBITDA	2,894	3,032	2,924	2,811	2,817
EBITDA Margin	42.16%	42.98%	42.26%	42.62%	43.64%
D&A For EBITDA	1,254	1,323	1,216	1,230	1,234
EBIT	1,640	1,710	1,708	1,581	1,584
EBIT Margin	23.89%	24.23%	24.69%	23.97%	24.53%
Effective Tax Rate	17.14%	16.92%	18.41%	22.19%	27.09%
Revenue as Reported	6,865	7,055	6,919	6,595	6,456

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.