Shanghai International Port (Group) Co., Ltd. (SHA: 600018)

Shanghai International Port (Group) 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	38,016	36,423	36,195	33,282	25,198	35,100
Other Revenue	1,128	1,128	1,085	1,006	921.85	1,001
Revenue	39,144	37,552	37,280	34,289	26,119	36,102
Revenue Growth (YoY)	10.33%	0.73%	8.72%	31.28%	-27.65%	-5.10%
Cost of Revenue	25,211	23,563	24,178	20,369	16,688	25,070
Gross Profit	13,933	13,989	13,102	13,920	9,432	11,032
Selling, General & Admin	3,292	3,096	3,177	4,293	3,428	3,161
Research & Development	172.03	205.77	191.06	143.45	82.34	47.21
Other Operating Expenses	969.17	1,051	996.72	811.34	426.53	314.6
Operating Expenses	4,446	4,327	4,389	5,252	3,944	3,527
Operating Income	9,486	9,661	8,713	8,667	5,487	7,505
Interest Expense	-1,247	-1,164	-1,080	-1,025	-1,108	-1,167
Interest & Investment Income	7,742	7,664	12,508	10,349	5,637	5,189
Currency Exchange Gain (Loss)	-60.49	-60.49	-69.38	-120.46	-31.27	89.49
Other Non Operating Income (Expenses)	757.82	-25.45	-29.78	-50.3	-35.51	0.35
EBT Excluding Unusual Items	16,679	16,075	20,043	17,820	9,949	11,617
Merger & Restructuring Charges	-	-	-	-	-11.13	-
Gain (Loss) on Sale of Investments	40.18	139.97	258.5	107.48	160.62	-132.23
Gain (Loss) on Sale of Assets	454.26	-6.55	53.34	-94.35	7.91	27.17
Asset Writedown	-734.18	-733.62	-302	-643.65	-66.28	-326.68
Other Unusual Items	771.67	771.67	71.66	771.85	534.16	638.95
Pretax Income	17,210	16,247	20,124	17,961	10,574	11,824
Income Tax Expense	2,487	2,239	2,214	2,481	1,391	1,898
Earnings From Continuing Operations	14,724	14,008	17,910	15,481	9,183	9,926
Minority Interest in Earnings	-1,069	-804.65	-686.2	-	-876.26	-863.57
Net Income	13,655	13,203	17,224	15,481	8,307	9,062
Net Income to Common	13,655	13,203	17,224	15,481	8,307	9,062
Net Income Growth	4.76%	-23.34%	11.26%	86.35%	-8.33%	-11.81%
Shares Outstanding (Basic)	23,205	23,200	23,203	24,433	23,172	23,171
Shares Outstanding (Diluted)	23,231	23,212	23,203	24,433	23,172	23,171
Shares Change (YoY)	0.11%	0.04%	-5.03%	5.44%	0.00%	-0.02%
EPS (Basic)	0.59	0.57	0.74	0.63	0.36	0.39
EPS (Diluted)	0.59	0.57	0.74	0.63	0.36	0.39
EPS Growth	4.64%	-23.37%	17.16%	76.74%	-8.34%	-11.80%
Free Cash Flow	7,553	5,412	8,048	9,189	7,059	3,597
Free Cash Flow Per Share	0.33	0.23	0.35	0.38	0.30	0.16
Dividend Per Share	0.222	0.172	0.140	0.190	0.128	0.145
Dividend Growth	58.57%	22.86%	-26.30%	48.41%	-11.72%	-5.84%
Gross Margin	35.59%	37.25%	35.15%	40.60%	36.11%	30.56%
Operating Margin	24.23%	25.73%	23.37%	25.28%	21.01%	20.79%
Profit Margin	34.88%	35.16%	46.20%	45.15%	31.80%	25.10%
Free Cash Flow Margin	19.29%	14.41%	21.59%	26.80%	27.03%	9.96%
EBITDA	12,878	13,008	12,000	11,962	8,912	10,792
EBITDA Margin	32.90%	34.64%	32.19%	34.89%	34.12%	29.89%
D&A For EBITDA	3,392	3,347	3,287	3,295	3,425	3,287
EBIT	9,486	9,661	8,713	8,667	5,487	7,505
EBIT Margin	24.23%	25.73%	23.37%	25.28%	21.01%	20.79%
Effective Tax Rate	14.45%	13.78%	11.00%	13.81%	13.15%	16.05%
Revenue as Reported	39,144	37,552	37,280	34,289	26,119	36,102
Advertising Expenses	-	38.01	42.94	42.59	95	59.61

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