Sea & Air Freight International (HOSE: SFI)

SFI Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2022	Dec 31, 2022	Jan 1, 2022	Dec 31, 2018	Jan 1, 2018	Jan 1, 2017
Revenue	1,724,364	1,724,364	1,851,649	869,055	716,293	560,906
Revenue Growth (YoY)	152.86%	-6.87%	113.06%	21.33%	27.70%	-0.33%
Cost of Revenue	1,483,129	1,483,129	1,618,129	666,274	543,472	392,136
Gross Profit	241,236	241,236	233,520	202,781	172,822	168,771
Selling, General & Admin	98,320	98,320	95,380	139,765	128,840	116,989
Operating Expenses	98,320	98,320	95,380	139,765	128,840	116,989
Operating Income	142,915	142,915	138,140	63,016	43,982	51,781
Interest Expense	-2.36	-2.36	-7.5	-20.18	-	-
Interest & Investment Income	8,052	8,052	8,270	5,035	1,031	20,745
Earnings From Equity Investments	-3,252	-3,252	211.28	-3,977	-824.42	-11,597
Currency Exchange Gain (Loss)	8,472	8,472	16.45	-786.07	829.52	1,795
Other Non Operating Income (Expenses)	-313.65	-313.65	2,100	157.87	7,351	2,593
EBT Excluding Unusual Items	155,871	155,871	148,731	63,425	52,369	65,317
Gain (Loss) on Sale of Investments	111,448	111,448	67,333	4,745	-617.26	2,308
Gain (Loss) on Sale of Assets	0.6	0.6	19	-	4.55	-
Pretax Income	267,319	267,319	216,083	68,170	51,756	67,625
Income Tax Expense	52,901	52,901	41,045	13,998	10,809	11,848
Earnings From Continuing Operations	214,419	214,419	175,038	54,172	40,947	55,777
Minority Interest in Earnings	-2,361	-2,361	-1,970	-2,236	-1,990	-1,563
Net Income	212,057	212,057	173,068	51,936	38,957	54,214
Net Income to Common	212,057	212,057	173,068	51,936	38,957	54,214
Net Income Growth	380.98%	22.53%	233.23%	33.32%	-28.14%	33.79%
Shares Outstanding (Basic)	21	21	21	20	19	19
Shares Outstanding (Diluted)	21	21	21	20	19	19
Shares Change (YoY)	9.39%	1.45%	1.70%	4.61%	5.02%	2.40%
EPS (Basic)	10081.49	10081.49	8347.27	2547.64	1999.13	2921.71
EPS (Diluted)	10081.49	10081.49	8347.27	2547.64	1999.13	2921.71
EPS Growth	339.69%	20.78%	227.65%	27.44%	-31.58%	30.65%
Free Cash Flow	4,223	4,223	-17,783	52,239	-52,434	30,957
Free Cash Flow Per Share	200.76	200.76	-857.67	2562.51	-2690.72	1668.32
Dividend Per Share	8000.000	8000.000	-	-	869.565	869.565
Dividend Growth	401.82%	-	-	-	0%	-
Gross Margin	13.99%	13.99%	12.61%	23.33%	24.13%	30.09%
Operating Margin	8.29%	8.29%	7.46%	7.25%	6.14%	9.23%
Profit Margin	12.30%	12.30%	9.35%	5.98%	5.44%	9.67%
Free Cash Flow Margin	0.24%	0.24%	-0.96%	6.01%	-7.32%	5.52%
EBITDA	166,401	166,401	159,342	83,799	61,282	66,723
EBITDA Margin	9.65%	9.65%	8.61%	9.64%	8.56%	11.90%
D&A For EBITDA	23,486	23,486	21,201	20,783	17,300	14,942
EBIT	142,915	142,915	138,140	63,016	43,982	51,781
EBIT Margin	8.29%	8.29%	7.46%	7.25%	6.14%	9.23%
Effective Tax Rate	19.79%	19.79%	19.00%	20.53%	20.88%	17.52%
Revenue as Reported	1,724,364	1,724,364	1,851,649	869,055	716,293	560,906

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