KinhBac City Development Holding Corporation (HOSE: KBC)

KBC Income Statement

Financials in millions VND. 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
Rental Revenue	2,814,992	5,858,773	1,397,476	4,245,982	2,150,963	3,209,906
Other Revenue	-8,088	-248,385	1,739,613	411,669	2,675	420.53
Total Revenue	2,806,905	5,610,388	3,137,089	4,657,651	2,153,637	3,210,327
Revenue Growth (YoY	-40.56%	78.84%	-32.65%	116.27%	-32.92%	28.16%
Property Expenses	1,530,839	1,923,081	684,515	1,778,966	1,461,934	1,363,157
Selling, General & Administrative	553,083	812,793	510,375	618,473	322,937	313,790
Total Operating Expenses	2,083,921	2,735,874	1,194,890	2,397,439	1,784,870	1,676,947
Operating Income	722,983	2,874,514	1,942,198	2,260,211	368,767	1,533,379
Interest Expense	-422,301	-422,301	-580,086	-535,939	-226,915	-215,824
Interest & Investment Income	313,708	313,708	339,648	169,373	61,628	79,012
Other Non-Operating Income	127,733	15,378	-3,763	-134,818	-1,518	-27,756
EBT Excluding Unusual Items	729,198	2,781,298	1,697,997	1,758,827	201,961	1,368,811
Gain (Loss) on Sale of Investments	109,333	109,333	-7,048	2,938	251,211	-4,637
Gain (Loss) on Sale of Assets	454.55	454.55	590.91	-	-	-
Other Unusual Items	74.22	74.22	5,046	-	-	-
Pretax Income	839,060	2,891,160	1,696,585	1,761,765	453,172	1,364,175
Income Tax Expense	283,777	646,156	120,056	410,068	133,358	323,416
Earnings From Continuing Operations	555,282	2,245,003	1,576,529	1,351,697	319,814	1,040,759
Minority Interest in Earnings	-98,507	-214,304	-50,178	-256,814	-95,781	-122,397
Net Income	456,776	2,030,699	1,526,351	1,094,883	224,033	918,362
Net Income to Common	456,776	2,030,699	1,526,351	1,094,883	224,033	918,362
Net Income Growth	-68.89%	33.04%	39.41%	388.72%	-75.61%	23.08%
Basic Shares Outstanding	768	768	766	658	626	626
Diluted Shares Outstanding	768	768	766	658	626	626
Shares Change (YoY)	-0.02%	0.21%	16.45%	5.01%	-	-
EPS (Basic)	595.14	2645.50	1992.69	1664.58	357.68	1466.22
EPS (Diluted)	595.14	2645.50	1992.69	1664.58	357.68	1466.22
EPS Growth	-68.89%	32.76%	19.71%	365.38%	-75.61%	23.11%
Operating Margin	25.76%	51.24%	61.91%	48.53%	17.12%	47.76%
Profit Margin	16.27%	36.20%	48.66%	23.51%	10.40%	28.61%
Free Cash Flow Margin	199.75%	53.51%	-38.81%	-26.46%	-135.27%	47.94%
EBITDA	894,873	3,007,030	2,018,355	2,335,904	457,733	1,586,549
EBITDA Margin	31.88%	53.60%	64.34%	50.15%	21.25%	49.42%
D&A For Ebitda	171,890	132,516	76,156	75,692	88,966	53,169
EBIT	722,983	2,874,514	1,942,198	2,260,211	368,767	1,533,379
EBIT Margin	25.76%	51.24%	61.91%	48.53%	17.12%	47.76%
Effective Tax Rate	33.82%	22.35%	7.08%	23.28%	29.43%	23.71%
Revenue as Reported	2,814,992	5,618,475	950,266	4,245,982	2,150,963	3,209,906

Source: S&P Capital IQ. Real Estate template. Financial Sources.