China Merchants Shekou Industrial Zone Holdings Co., Ltd. (SHE: 001979)

China Merchants Shekou Industrial Zone Holdings 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021	Dec 31, 2019
Revenue	174,838	175,008	183,003	160,643	129,621	97,672
Revenue Growth (YoY)	-1.16%	-4.37%	13.92%	23.93%	32.71%	10.64%
Cost of Revenue	151,532	149,480	151,416	121,442	94,962	65,922
Gross Profit	23,306	25,527	31,587	39,201	34,659	31,751
Selling, General & Admin	6,671	6,702	6,394	6,059	4,965	3,935
Research & Development	155.28	158.36	125.04	115.8	71.42	52.39
Other Operating Expenses	5,516	6,027	7,775	9,429	8,852	9,200
Operating Expenses	12,434	12,980	14,346	15,652	13,889	13,189
Operating Income	10,872	12,548	17,241	23,549	20,770	18,562
Interest Expense	-3,056	-3,399	-4,127	-4,488	-4,405	-5,022
Interest & Investment Income	4,763	5,404	4,926	6,332	8,306	12,553
Currency Exchange Gain (Loss)	2.29	-30.53	-593.48	26.06	69.5	21.45
Other Non Operating Income (Expenses)	-526.03	-456.34	-1,618	-1,175	-656.17	-12.65
EBT Excluding Unusual Items	12,056	14,066	15,828	24,244	24,084	26,102
Gain (Loss) on Sale of Investments	19.94	38.28	256.35	-735.78	7.83	114.43
Gain (Loss) on Sale of Assets	1.71	-0.2	5.88	6.78	-5.9	5.66
Asset Writedown	-5.15	-5.61	-1,199	-780.91	-52.39	-0.96
Legal Settlements	-164.37	-164.37	-	-	-	-5.44
Other Unusual Items	65.58	54.25	925.86	108.31	75.79	-92.39
Pretax Income	11,974	13,989	15,817	22,843	24,109	26,124
Income Tax Expense	4,822	4,882	6,719	7,641	7,196	7,267
Earnings From Continuing Operations	7,152	9,106	9,098	15,202	16,913	18,857
Minority Interest in Earnings	-1,568	-2,787	-4,834	-4,829	-4,660	-2,824
Net Income	5,584	6,319	4,264	10,372	12,253	16,033
Net Income to Common	5,151	6,319	4,264	10,372	12,253	16,033
Net Income Growth	23.27%	48.20%	-58.89%	-15.35%	-23.58%	5.20%
Shares Outstanding (Basic)	9,306	9,722	10,400	8,942	8,392	8,057
Shares Outstanding (Diluted)	9,306	9,722	10,400	8,942	8,392	8,057
Shares Change (YoY)	-0.96%	-6.52%	16.31%	6.54%	4.16%	-0.08%
EPS (Basic)	0.55	0.65	0.41	1.16	1.46	1.99
EPS (Diluted)	0.55	0.65	0.41	1.16	1.46	1.99
EPS Growth	14.83%	58.54%	-64.66%	-20.55%	-26.63%	5.29%
Free Cash Flow	-23,304	1,670	-10,100	15,970	23,389	5,704
Free Cash Flow Per Share	-2.50	0.17	-0.97	1.79	2.79	0.71
Dividend Per Share	0.320	0.320	0.230	0.540	0.640	0.830
Dividend Growth	39.13%	39.13%	-57.41%	-15.63%	-22.89%	5.09%
Gross Margin	13.33%	14.59%	17.26%	24.40%	26.74%	32.51%
Operating Margin	6.22%	7.17%	9.42%	14.66%	16.02%	19.00%
Profit Margin	2.95%	3.61%	2.33%	6.46%	9.45%	16.42%
Free Cash Flow Margin	-13.33%	0.95%	-5.52%	9.94%	18.04%	5.84%
EBITDA	13,792	15,240	19,533	25,281	22,156	19,677
EBITDA Margin	7.89%	8.71%	10.67%	15.74%	17.09%	20.15%
D&A For EBITDA	2,919	2,692	2,292	1,732	1,387	1,115
EBIT	10,872	12,548	17,241	23,549	20,770	18,562
EBIT Margin	6.22%	7.17%	9.42%	14.66%	16.02%	19.00%
Effective Tax Rate	40.27%	34.90%	42.48%	33.45%	29.85%	27.82%
Advertising Expenses	-	1,534	1,203	1,553	1,365	917.52

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