CSSC (Hong Kong) Shipping Company Limited (HKG:3877)

HKG:3877 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
Total Interest Expense	1,042	1,092	841.38	545.89	560.1
Net Interest Income	-1,042	-1,092	-841.38	-545.89	-560.1
Other Revenue	4,384	3,705	3,414	2,611	1,927
Revenue Before Loan Losses	3,342	2,613	2,573	2,066	1,367
Provision for Loan Losses	446.97	91.17	90.26	-20.89	-23.66
Revenue	2,895	2,522	2,482	2,086	1,390
Revenue Growth (YoY)	14.81%	1.58%	18.98%	50.05%	-0.74%
Salaries & Employee Benefits	105.27	106.31	124.7	91.77	48.96
Cost of Services Provided	398.44	310.84	302.86	202.99	112.6
Other Operating Expenses	167.53	90.28	146.79	82.34	75.69
Total Operating Expenses	1,250	1,000	1,051	746.33	510.12
Operating Income	1,645	1,521	1,431	1,340	880.31
Earnings From Equity Investments	478.05	396.37	323.97	41.55	102.38
Currency Exchange Gain (Loss)	-	-	-	-	35.5
EBT Excluding Unusual Items	2,123	1,918	1,755	1,382	1,018
Other Unusual Items	-	-	-	-	0.7
Pretax Income	2,180	1,944	1,756	1,401	1,128
Income Tax Expense	25.22	32.15	21.13	13.75	14.36
Earnings From Continuing Ops.	2,155	1,912	1,735	1,388	1,114
Minority Interest in Earnings	-49.48	-10.06	-49.6	-36.02	-5.29
Net Income	2,106	1,902	1,685	1,352	1,109
Net Income to Common	2,106	1,902	1,685	1,352	1,109
Net Income Growth	10.73%	12.86%	24.66%	21.93%	25.53%
Shares Outstanding (Basic)	6,152	6,136	6,136	6,136	6,136
Shares Outstanding (Diluted)	6,166	6,138	6,136	6,136	6,136
Shares Change (YoY)	0.46%	0.03%	-	-	12.92%
EPS (Basic)	0.34	0.31	0.27	0.22	0.18
EPS (Diluted)	0.34	0.31	0.27	0.22	0.18
EPS Growth	10.04%	12.86%	24.81%	21.78%	11.17%
Free Cash Flow	5,728	-3,078	1,854	-10,382	-806.91
Free Cash Flow Per Share	0.93	-0.50	0.30	-1.69	-0.13
Dividend Per Share	0.134	0.120	0.100	0.090	0.090
Dividend Growth	11.67%	20.00%	11.11%	-	12.50%
Operating Margin	56.82%	60.33%	57.66%	64.23%	63.31%
Profit Margin	72.73%	75.41%	67.87%	64.78%	79.72%
Free Cash Flow Margin	197.87%	-122.08%	74.68%	-497.59%	-58.03%
Effective Tax Rate	1.16%	1.65%	1.20%	0.98%	1.27%

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.