Qingdao Port International Co., Ltd. (SHA:601298)

SHA:601298 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	17,596	16,821	17,672	15,457	11,969
Other Revenue	1,345	1,352	1,591	1,336	1,251
Revenue	18,941	18,173	19,263	16,793	13,219
Revenue Growth (YoY)	4.23%	-5.66%	14.71%	27.03%	8.68%
Cost of Revenue	12,235	11,712	13,224	11,488	8,512
Gross Profit	6,706	6,461	6,039	5,305	4,707
Selling, General & Admin	1,124	1,102	1,041	951	741.03
Research & Development	104.98	104.94	111.27	80.88	19.11
Other Operating Expenses	134.2	117.12	95.41	128.52	104.59
Operating Expenses	1,381	1,270	1,311	1,172	937.46
Operating Income	5,325	5,190	4,728	4,134	3,770
Interest Expense	-123.91	-161.76	-154.63	-174.93	-207.84
Interest & Investment Income	1,832	1,700	1,776	1,812	1,907
Currency Exchange Gain (Loss)	-5.59	-2.01	76.52	-13.08	-45.68
Other Non Operating Income (Expenses)	-71.1	-82.42	-31.9	-115.73	-13
EBT Excluding Unusual Items	6,957	6,644	6,394	5,641	5,410
Impairment of Goodwill	-	-20.67	-	-	-
Gain (Loss) on Sale of Investments	4.63	-0.56	8.49	20.15	2.2
Gain (Loss) on Sale of Assets	23.77	18.24	12.58	33.69	14.27
Asset Writedown	-	-	-8.96	-8.76	-
Other Unusual Items	82.69	149.05	149.49	148.89	98.24
Pretax Income	7,068	6,790	6,556	5,835	5,525
Income Tax Expense	1,336	1,272	1,306	1,169	1,105
Earnings From Continuing Operations	5,732	5,518	5,250	4,666	4,420
Minority Interest in Earnings	-497.37	-594.34	-721.9	-683.99	-578.5
Net Income	5,235	4,923	4,528	3,982	3,842
Net Income to Common	5,235	4,923	4,528	3,982	3,842
Net Income Growth	6.33%	8.72%	13.71%	3.65%	1.36%
Shares Outstanding (Basic)	6,463	6,478	6,469	6,528	6,512
Shares Outstanding (Diluted)	6,463	6,478	6,469	6,528	6,512
Shares Change (YoY)	-0.24%	0.14%	-0.91%	0.26%	1.36%
EPS (Basic)	0.81	0.76	0.70	0.61	0.59
EPS (Diluted)	0.81	0.76	0.70	0.61	0.59
EPS Growth	6.58%	8.57%	14.75%	3.39%	-
Free Cash Flow	3,067	3,437	3,276	406.47	617.13
Free Cash Flow Per Share	0.47	0.53	0.51	0.06	0.10
Dividend Per Share	0.314	0.293	0.269	0.256	0.262
Dividend Growth	7.31%	8.69%	5.03%	-2.21%	30.90%
Gross Margin	35.41%	35.55%	31.35%	31.59%	35.61%
Operating Margin	28.12%	28.56%	24.54%	24.62%	28.52%
Profit Margin	27.64%	27.09%	23.51%	23.71%	29.06%
Free Cash Flow Margin	16.19%	18.91%	17.01%	2.42%	4.67%
EBITDA	6,547	6,464	5,902	5,192	4,614
EBITDA Margin	34.56%	35.57%	30.64%	30.92%	34.90%
D&A For EBITDA	1,222	1,274	1,174	1,059	843.92
EBIT	5,325	5,190	4,728	4,134	3,770
EBIT Margin	28.12%	28.56%	24.54%	24.62%	28.52%
Effective Tax Rate	18.90%	18.73%	19.91%	20.04%	20.00%
Revenue as Reported	18,941	18,173	19,263	16,793	13,219

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