Sun Hung Kai Properties Limited (SUHJY)

Sun Hung Kai Properties Income Statement

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	79,721	71,506	71,195	77,747	85,262
Revenue Growth (YoY)	11.49%	0.44%	-8.43%	-8.81%	3.16%
Cost of Revenue	45,531	39,292	36,737	37,906	40,493
Gross Profit	34,190	32,214	34,458	39,841	44,769
Selling, General & Admin	8,400	7,228	7,324	7,080	7,774
Other Operating Expenses	-69	-1,317	-188	14	352
Operating Expenses	8,331	5,911	7,136	7,094	8,126
Operating Income	25,859	26,303	27,322	32,747	36,643
Interest Expense	-2,856	-4,046	-3,053	-2,116	-2,477
Interest & Investment Income	470	623	736	596	708
Earnings From Equity Investments	3,890	1,879	4,069	2,790	2,972
EBT Excluding Unusual Items	27,363	24,759	29,074	34,017	37,846
Gain (Loss) on Sale of Investments	36	-26	-146	-135	335
Gain (Loss) on Sale of Assets	331	331	187	523	46
Asset Writedown	-4,114	-1,481	-593	-2,619	-1,551
Other Unusual Items	1,137	-	-	-	-
Pretax Income	24,753	23,583	28,522	31,786	36,676
Income Tax Expense	4,869	3,978	3,947	5,655	9,230
Earnings From Continuing Operations	19,884	19,605	24,575	26,131	27,446
Minority Interest in Earnings	-607	-559	-668	-571	-694
Net Income	19,277	19,046	23,907	25,560	26,752
Preferred Dividends & Other Adjustments	-	-	-	-	66
Net Income to Common	19,277	19,046	23,907	25,560	26,686
Net Income Growth	1.21%	-20.33%	-6.47%	-4.46%	12.93%
Shares Outstanding (Basic)	2,898	2,898	2,898	2,898	2,898
Shares Outstanding (Diluted)	2,898	2,898	2,898	2,898	2,898
EPS (Basic)	6.65	6.57	8.25	8.82	9.21
EPS (Diluted)	6.65	6.57	8.25	8.82	9.21
EPS Growth	1.21%	-20.33%	-6.47%	-4.22%	13.46%
Free Cash Flow	-	20,120	21,915	11,612	12,574
Free Cash Flow Per Share	-	6.94	7.56	4.01	4.34
Dividend Per Share	3.750	3.750	4.950	4.950	4.950
Dividend Growth	-	-24.24%	-	-	-
Gross Margin	42.89%	45.05%	48.40%	51.24%	52.51%
Operating Margin	32.44%	36.78%	38.38%	42.12%	42.98%
Profit Margin	24.18%	26.64%	33.58%	32.88%	31.30%
Free Cash Flow Margin	-	28.14%	30.78%	14.94%	14.75%
EBITDA	28,421	28,865	30,946	35,406	39,129
EBITDA Margin	35.65%	40.37%	43.47%	45.54%	45.89%
D&A For EBITDA	2,562	2,562	3,624	2,659	2,486
EBIT	25,859	26,303	27,322	32,747	36,643
EBIT Margin	32.44%	36.78%	38.38%	42.12%	42.98%
Effective Tax Rate	19.67%	16.87%	13.84%	17.79%	25.17%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.