Everbright Grand China Assets Limited (HKG:3699)

HKG:3699 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	49.93	45.91	46.78	52.3	52.68
Total Revenue	49.93	45.91	46.78	52.3	52.68
Revenue Growth (YoY	8.75%	-1.86%	-10.55%	-0.72%	1.82%
Property Expenses	15.34	12.9	12.16	13.79	13.07
Selling, General & Administrative	18.67	18.94	19.68	17.2	18.38
Other Operating Expenses	-5.34	-0.13	-0.22	-1.76	0.05
Total Operating Expenses	28.67	32.07	32.32	29.23	31.5
Operating Income	21.26	13.84	14.46	23.07	21.18
Interest Expense	-0.05	-0.02	-0.04	-0.23	-0.67
Interest & Investment Income	-	6.49	6.45	2.38	1.55
Currency Exchange Gain (Loss)	-	2.24	0.13	3.27	4.01
EBT Excluding Unusual Items	21.21	22.55	20.98	28.49	26.07
Gain (Loss) on Sale of Assets	-	-	-	-	0.03
Asset Writedown	10.28	6.56	5.31	0.12	17.55
Other Unusual Items	-	-	-	0.19	-
Pretax Income	31.49	29.11	26.29	28.8	43.64
Income Tax Expense	11.96	3.85	7.03	6.75	10.97
Net Income	19.53	25.26	19.26	22.05	32.67
Net Income to Common	19.53	25.26	19.26	22.05	32.67
Net Income Growth	-22.69%	31.17%	-12.67%	-32.50%	-3.85%
Basic Shares Outstanding	442	441	441	441	441
Diluted Shares Outstanding	442	441	441	441	441
Shares Change (YoY)	0.09%	-	-	-	-
EPS (Basic)	0.04	0.06	0.04	0.05	0.07
EPS (Diluted)	0.04	0.06	0.04	0.05	0.07
EPS Growth	-22.76%	31.17%	-12.67%	-32.50%	-3.85%
Dividend Per Share	-	0.022	0.017	0.019	0.018
Dividend Growth	-	30.72%	-12.63%	2.70%	-3.65%
Operating Margin	42.58%	30.15%	30.90%	44.11%	40.20%
Profit Margin	39.11%	55.02%	41.17%	42.17%	62.02%
EBITDA	21.47	14.06	14.62	23.23	21.33
EBITDA Margin	43.01%	30.61%	31.25%	44.42%	40.48%
D&A For Ebitda	0.21	0.21	0.16	0.16	0.15
EBIT	21.26	13.84	14.46	23.07	21.18
EBIT Margin	42.58%	30.15%	30.90%	44.11%	40.20%
Effective Tax Rate	37.99%	13.22%	26.75%	23.44%	25.13%

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