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

CSSC (Hong Kong) Shipping Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total Interest Expense	1,146	1,092	841.38	545.89	560.1	838.2
Net Interest Income	-1,146	-1,092	-841.38	-545.89	-560.1	-838.2
Gain (Loss) on Sale of Investments	-	-	-	-	-	26.12
Other Revenue	4,170	3,705	3,414	2,611	1,927	2,300
Revenue Before Loan Losses	3,024	2,613	2,573	2,066	1,367	1,488
Provision for Loan Losses	222.08	91.17	90.26	-20.89	-23.66	86.88
Revenue	2,802	2,522	2,482	2,086	1,390	1,401
Revenue Growth (YoY)	8.67%	1.58%	18.98%	50.05%	-0.74%	12.45%
Salaries & Employee Benefits	112.72	106.31	124.7	91.77	48.96	62.82
Cost of Services Provided	310.55	310.84	302.86	202.99	112.6	111.3
Other Operating Expenses	74.47	90.28	146.79	82.34	75.69	74.39
Total Operating Expenses	1,029	1,000	1,051	746.33	510.12	486.8
Operating Income	1,773	1,521	1,431	1,340	880.31	914.06
Earnings From Equity Investments	403.4	396.37	323.97	41.55	102.38	56.57
Currency Exchange Gain (Loss)	-	-	-	-	35.5	-66.41
EBT Excluding Unusual Items	2,176	1,918	1,755	1,382	1,018	904.22
Other Unusual Items	-	-	-	-	0.7	-
Pretax Income	2,202	1,944	1,756	1,401	1,128	904.22
Income Tax Expense	41.55	32.15	21.13	13.75	14.36	11.84
Earnings From Continuing Ops.	2,161	1,912	1,735	1,388	1,114	892.38
Minority Interest in Earnings	-17.73	-10.06	-49.6	-36.02	-5.29	-9.29
Net Income	2,143	1,902	1,685	1,352	1,109	883.09
Net Income to Common	2,143	1,902	1,685	1,352	1,109	883.09
Net Income Growth	12.96%	12.86%	24.66%	21.93%	25.53%	27.97%
Shares Outstanding (Basic)	6,140	6,136	6,136	6,136	6,136	5,434
Shares Outstanding (Diluted)	6,147	6,138	6,136	6,136	6,136	5,434
Shares Change (YoY)	0.18%	0.03%	-	-	12.92%	18.08%
EPS (Basic)	0.35	0.31	0.27	0.22	0.18	0.16
EPS (Diluted)	0.35	0.31	0.27	0.22	0.18	0.16
EPS Growth	12.89%	12.86%	24.81%	21.78%	11.17%	8.37%
Free Cash Flow	-95.1	-3,078	1,854	-10,382	-806.91	1,110
Free Cash Flow Per Share	-0.02	-0.50	0.30	-1.69	-0.13	0.20
Dividend Per Share	0.120	0.120	0.100	0.090	0.090	0.080
Dividend Growth	20.00%	20.00%	11.11%	0%	12.50%	-
Operating Margin	63.27%	60.33%	57.66%	64.23%	63.31%	65.25%
Profit Margin	76.49%	75.41%	67.87%	64.78%	79.72%	63.04%
Free Cash Flow Margin	-3.39%	-122.08%	74.68%	-497.59%	-58.03%	79.20%
Effective Tax Rate	1.89%	1.65%	1.20%	0.98%	1.27%	1.31%

Source: S&P Capital IQ. Financial Services template. Financial Sources.