Qingdao Port International Co., Ltd. (HKG: 6198)

Qingdao Port International 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	17,140	16,821	17,672	15,457	11,969	10,996
Other Revenue	1,352	1,352	1,591	1,336	1,251	1,168
Revenue	18,493	18,173	19,263	16,793	13,219	12,164
Revenue Growth (YoY)	2.06%	-5.66%	14.71%	27.03%	8.68%	3.60%
Cost of Revenue	11,926	11,712	13,224	11,488	8,512	8,200
Gross Profit	6,567	6,461	6,039	5,305	4,707	3,964
Selling, General & Admin	1,122	1,102	1,041	951	741.03	608.35
Research & Development	119.64	104.94	111.27	80.88	19.11	33.76
Other Operating Expenses	151.88	117.12	95.41	128.52	104.59	108.5
Operating Expenses	1,419	1,270	1,311	1,172	937.46	774.97
Operating Income	5,148	5,190	4,728	4,134	3,770	3,189
Interest Expense	-87.28	-161.76	-154.63	-174.93	-207.84	-222.51
Interest & Investment Income	1,868	1,700	1,776	1,812	1,907	1,994
Currency Exchange Gain (Loss)	-2.01	-2.01	76.52	-13.08	-45.68	22.67
Other Non Operating Income (Expenses)	-188.81	-82.42	-31.9	-115.73	-13	0.9
EBT Excluding Unusual Items	6,738	6,644	6,394	5,641	5,410	4,985
Impairment of Goodwill	-20.67	-20.67	-	-	-	-4.69
Gain (Loss) on Sale of Investments	2.35	-0.56	8.49	20.15	2.2	9
Gain (Loss) on Sale of Assets	25.19	18.24	12.58	33.69	14.27	3.14
Asset Writedown	-0.56	-	-8.96	-8.76	-	-
Other Unusual Items	147.79	149.05	149.49	148.89	98.24	134.69
Pretax Income	6,892	6,790	6,556	5,835	5,525	5,127
Income Tax Expense	1,290	1,272	1,306	1,169	1,105	994.2
Earnings From Continuing Operations	5,602	5,518	5,250	4,666	4,420	4,133
Minority Interest in Earnings	-535.62	-594.34	-721.9	-683.99	-578.5	-342.46
Net Income	5,067	4,923	4,528	3,982	3,842	3,790
Net Income to Common	5,067	4,923	4,528	3,982	3,842	3,790
Net Income Growth	4.09%	8.72%	13.71%	3.65%	1.36%	5.47%
Shares Outstanding (Basic)	6,413	6,478	6,469	6,528	6,512	6,424
Shares Outstanding (Diluted)	6,413	6,478	6,469	6,528	6,512	6,424
Shares Change (YoY)	-1.13%	0.14%	-0.91%	0.25%	1.36%	7.26%
EPS (Basic)	0.79	0.76	0.70	0.61	0.59	0.59
EPS (Diluted)	0.79	0.76	0.70	0.61	0.59	0.59
EPS Growth	5.28%	8.57%	14.75%	3.39%	0%	-1.67%
Free Cash Flow	2,418	3,437	3,276	406.47	617.13	641.55
Free Cash Flow Per Share	0.38	0.53	0.51	0.06	0.09	0.10
Dividend Per Share	0.293	0.293	0.269	0.256	0.262	0.200
Dividend Growth	8.69%	8.69%	5.03%	-2.21%	30.90%	-47.25%
Gross Margin	35.51%	35.55%	31.35%	31.59%	35.61%	32.59%
Operating Margin	27.84%	28.56%	24.54%	24.62%	28.52%	26.22%
Profit Margin	27.40%	27.09%	23.51%	23.71%	29.06%	31.16%
Free Cash Flow Margin	13.08%	18.91%	17.01%	2.42%	4.67%	5.27%
EBITDA	6,435	6,429	5,902	5,192	4,614	3,957
EBITDA Margin	34.79%	35.37%	30.64%	30.92%	34.90%	32.53%
D&A For EBITDA	1,287	1,238	1,174	1,059	843.92	767.71
EBIT	5,148	5,190	4,728	4,134	3,770	3,189
EBIT Margin	27.84%	28.56%	24.54%	24.62%	28.52%	26.22%
Effective Tax Rate	18.72%	18.74%	19.91%	20.04%	20.00%	19.39%
Revenue as Reported	18,493	18,173	19,263	16,793	13,219	12,164

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