CapitaLand China Trust (SGX: AU8U)

CapitaLand China Trust Income Statement

Financials in millions SGD. 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
Rental Revenue	319.94	330.91	356.44	348.57	194.77	221.03
Other Revenue	33.25	33.84	26.73	29.4	15.75	17.15
Total Revenue	353.19	364.75	383.17	377.97	210.53	238.19
Revenue Growth (YoY	-4.13%	-4.81%	1.38%	79.54%	-11.61%	6.93%
Property Expenses	124.98	126.16	134.24	132.53	82.32	80.7
Selling, General & Administrative	12.16	12.26	15.83	15.16	8.48	7.28
Other Operating Expenses	2.78	2.18	1.95	3.24	1.93	-9.45
Total Operating Expenses	139.92	140.59	152.03	150.93	92.73	78.53
Operating Income	213.27	224.15	231.14	227.04	117.8	159.66
Interest Expense	-90.87	-92.96	-64.26	-39.26	-29.66	-36.68
Interest & Investment Income	3.91	3.72	4.17	3.94	7.19	7.09
Income (Loss) on Equity Investments	-	-	-	-	3.7	8.57
Currency Exchange Gain (Loss)	5.23	6.86	0.16	0.7	3.43	5.1
Other Non-Operating Income	21.89	21.5	5.73	-7.63	-9.69	2.18
EBT Excluding Unusual Items	153.43	163.28	176.93	184.79	92.77	145.93
Gain (Loss) on Sale of Assets	7.34	-	-1.83	15.06	34.71	-4.75
Asset Writedown	-52.13	-39.87	67.81	-10.26	-99.14	100.05
Other Unusual Items	1.57	1.57	-	-	-	-
Pretax Income	110.21	124.98	242.91	189.59	28.34	241.22
Income Tax Expense	76.69	70.01	87.79	66.79	40.37	74.6
Earnings From Continuing Operations	33.52	54.97	155.13	122.8	-12.03	166.63
Minority Interest in Earnings	-14.43	-14.15	-32.13	-16.12	-	-1.2
Net Income	19.09	40.83	122.99	106.68	-12.03	165.42
Preferred Dividends & Other Adjustments	3.38	3.38	3.38	3.38	0.61	-
Net Income to Common	15.71	37.45	119.62	103.3	-12.64	165.42
Net Income Growth	-80.20%	-66.81%	15.29%	-	-	28.67%
Basic Shares Outstanding	1,693	1,684	1,670	1,543	1,250	1,074
Diluted Shares Outstanding	1,710	1,700	1,684	1,555	1,250	1,079
Shares Change (YoY)	1.26%	0.94%	8.30%	24.36%	15.84%	10.05%
EPS (Basic)	0.01	0.02	0.07	0.07	-0.01	0.15
EPS (Diluted)	0.01	0.02	0.07	0.07	-0.01	0.15
EPS Growth	-83.35%	-68.98%	6.92%	-	-	16.93%
Dividend Per Share	0.060	0.067	0.075	0.087	0.064	0.099
Dividend Growth	-15.83%	-10.13%	-14.09%	37.48%	-35.86%	-3.13%
Operating Margin	60.38%	61.45%	60.32%	60.07%	55.95%	67.03%
Profit Margin	4.45%	10.27%	31.22%	27.33%	-6.00%	69.45%
Free Cash Flow Margin	50.73%	56.50%	47.52%	57.54%	37.32%	53.49%
EBITDA	214.06	225.11	232.31	228.35	118.65	160.7
EBITDA Margin	60.61%	61.72%	60.63%	60.42%	56.36%	67.47%
D&A For Ebitda	0.79	0.95	1.16	1.31	0.85	1.04
EBIT	213.27	224.15	231.14	227.04	117.8	159.66
EBIT Margin	60.38%	61.45%	60.32%	60.07%	55.95%	67.03%
Effective Tax Rate	69.58%	56.01%	36.14%	35.23%	142.45%	30.92%
Revenue as Reported	353.19	364.75	383.17	377.97	210.53	238.19

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