Everbright Grand China Assets Limited (HKG:3699)

Accolade 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
Rental Revenue	45.91	46.78	52.3	52.68	51.73
Total Revenue	45.91	46.78	52.3	52.68	51.73
Revenue Growth (YoY	-1.86%	-10.55%	-0.72%	1.82%	-27.41%
Property Expenses	12.9	12.16	13.79	13.07	12.42
Selling, General & Administrative	18.94	19.68	17.2	18.38	22.12
Other Operating Expenses	-0.13	-0.22	-1.76	0.05	-0.04
Total Operating Expenses	32.07	32.32	29.23	31.5	34.5
Operating Income	13.84	14.46	23.07	21.18	17.23
Interest Expense	-0.02	-0.04	-0.23	-0.67	-1.08
Interest & Investment Income	6.49	6.45	2.38	1.55	2.81
Currency Exchange Gain (Loss)	2.24	0.13	3.27	4.01	6.79
EBT Excluding Unusual Items	22.55	20.98	28.49	26.07	25.75
Gain (Loss) on Sale of Assets	-	-	-	0.03	2.27
Asset Writedown	6.56	5.31	0.12	17.55	17.23
Other Unusual Items	-	-	0.19	-	0.45
Pretax Income	29.11	26.29	28.8	43.64	45.7
Income Tax Expense	3.85	7.03	6.75	10.97	11.72
Earnings From Continuing Operations	25.26	19.26	22.05	32.67	33.98
Net Income	25.26	19.26	22.05	32.67	33.98
Net Income to Common	25.26	19.26	22.05	32.67	33.98
Net Income Growth	31.17%	-12.67%	-32.50%	-3.85%	-8.85%
Basic Shares Outstanding	441	441	441	441	441
Diluted Shares Outstanding	441	441	441	441	441
EPS (Basic)	0.06	0.04	0.05	0.07	0.08
EPS (Diluted)	0.06	0.04	0.05	0.07	0.08
EPS Growth	31.17%	-12.67%	-32.50%	-3.85%	-8.85%
Dividend Per Share	0.022	0.017	0.019	0.018	0.019
Dividend Growth	30.72%	-12.63%	2.70%	-3.65%	-5.42%
Operating Margin	30.15%	30.90%	44.11%	40.20%	33.31%
Profit Margin	55.02%	41.17%	42.17%	62.02%	65.69%
EBITDA	14.06	14.62	23.23	21.33	17.49
EBITDA Margin	30.61%	31.25%	44.42%	40.48%	33.80%
D&A For Ebitda	0.21	0.16	0.16	0.15	0.25
EBIT	13.84	14.46	23.07	21.18	17.23
EBIT Margin	30.15%	30.90%	44.11%	40.20%	33.31%
Effective Tax Rate	13.22%	26.75%	23.44%	25.13%	25.64%

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