Greentown China Holdings Limited (HKG: 3900)

Greentown China Holdings Income Statement

Financials in millions CNY. 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
Revenue	143,969	131,383	127,153	100,240	65,783	61,593
Revenue Growth (YoY)	20.58%	3.33%	26.85%	52.38%	6.80%	2.14%
Cost of Revenue	127,713	114,310	105,132	82,072	50,210	46,466
Gross Profit	16,256	17,073	22,021	18,168	15,573	15,127
Selling, General & Admin	8,016	7,867	8,289	8,034	6,644	6,394
Operating Expenses	8,338	8,097	8,362	8,077	7,205	6,388
Operating Income	7,918	8,976	13,659	10,091	8,368	8,739
Interest Expense	-2,728	-2,916	-2,729	-2,299	-2,228	-1,571
Interest & Investment Income	2,491	2,231	2,546	2,002	2,469	1,793
Earnings From Equity Investments	1,470	2,165	1,684	1,483	697.73	926.94
Currency Exchange Gain (Loss)	580.56	-38.83	-1,371	381.83	1,118	-268.18
Other Non Operating Income (Expenses)	258.99	630.75	1,110	1,120	548.57	-392.39
EBT Excluding Unusual Items	9,991	11,047	14,900	12,778	10,972	9,227
Gain (Loss) on Sale of Investments	73.22	60.39	11.88	1.85	70.43	43.97
Gain (Loss) on Sale of Assets	-37.91	7.35	5.01	174.92	173.78	81.68
Asset Writedown	-2,781	-1,743	-1,611	-530.15	-787.48	-107.51
Other Unusual Items	-3.53	352.19	-49.24	130.24	324.43	707.8
Pretax Income	7,242	9,725	13,256	12,555	10,754	9,953
Income Tax Expense	1,885	3,047	4,361	4,868	4,991	6,018
Earnings From Continuing Operations	5,357	6,678	8,895	7,687	5,763	3,935
Minority Interest in Earnings	-2,739	-3,560	-6,139	-3,218	-1,966	-1,455
Net Income	2,617	3,118	2,756	4,469	3,796	2,480
Preferred Dividends & Other Adjustments	-	25.95	171.65	1,214	1,323	1,287
Net Income to Common	2,617	3,092	2,584	3,255	2,474	1,193
Net Income Growth	-25.22%	13.12%	-38.33%	17.72%	53.07%	147.21%
Shares Outstanding (Basic)	2,532	2,532	2,516	2,493	2,360	2,166
Shares Outstanding (Diluted)	2,532	2,533	2,536	2,501	2,370	2,170
Shares Change (YoY)	-0.39%	-0.13%	1.38%	5.54%	9.21%	-0.21%
EPS (Basic)	1.03	1.22	1.03	1.31	1.05	0.55
EPS (Diluted)	1.03	1.22	1.02	1.30	1.04	0.55
EPS Growth	-23.42%	19.61%	-21.54%	25.00%	89.09%	205.56%
Free Cash Flow	22,013	22,614	14,199	5,357	-3,621	-8,739
Free Cash Flow Per Share	8.69	8.93	5.60	2.14	-1.53	-4.03
Dividend Per Share	0.430	0.430	0.500	0.460	0.350	0.300
Dividend Growth	-14.00%	-14.00%	8.70%	31.43%	16.67%	30.43%
Gross Margin	11.29%	12.99%	17.32%	18.12%	23.67%	24.56%
Operating Margin	5.50%	6.83%	10.74%	10.07%	12.72%	14.19%
Profit Margin	1.82%	2.35%	2.03%	3.25%	3.76%	1.94%
Free Cash Flow Margin	15.29%	17.21%	11.17%	5.34%	-5.50%	-14.19%
EBITDA	8,472	9,519	14,177	10,528	8,846	9,243
EBITDA Margin	5.88%	7.25%	11.15%	10.50%	13.45%	15.01%
D&A For EBITDA	553.87	543.54	517.73	437.24	477.93	504.34
EBIT	7,918	8,976	13,659	10,091	8,368	8,739
EBIT Margin	5.50%	6.83%	10.74%	10.07%	12.72%	14.19%
Effective Tax Rate	26.03%	31.33%	32.90%	38.77%	46.41%	60.46%

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