Hainan Strait Shipping Co.,Ltd. (SHE: 002320)

Hainan Strait Shipping Co.,Ltd. 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	4,070	3,866	2,923	1,362	1,060	1,100
Other Revenue	65.84	65.84	40.83	37.21	12.81	10.26
Revenue	4,136	3,932	2,963	1,399	1,073	1,110
Revenue Growth (YoY)	9.98%	32.67%	111.81%	30.43%	-3.37%	5.77%
Cost of Revenue	2,263	2,016	1,762	830.35	670.2	727.71
Gross Profit	1,873	1,916	1,202	568.76	402.52	382.46
Selling, General & Admin	405.11	377.81	350.86	190.4	104	110.64
Other Operating Expenses	23.01	13.03	5.31	35.06	-6.99	7.08
Operating Expenses	431.32	393.09	356.58	224.6	97.74	117.84
Operating Income	1,441	1,522	845.04	344.16	304.78	264.63
Interest Expense	-16.87	-3.89	-2.66	-	-0.36	-1.78
Interest & Investment Income	41.59	23.78	13.98	23.93	36.99	25.09
Other Non Operating Income (Expenses)	-28.81	-15.19	-9.95	-8.48	-5.94	-6.76
EBT Excluding Unusual Items	1,437	1,527	846.41	359.6	335.47	281.17
Gain (Loss) on Sale of Investments	-	-	-1.16	-	-	-
Gain (Loss) on Sale of Assets	0.1	0.04	-0.4	-0.1	-0	-0.51
Asset Writedown	-	-	-37.38	-53.31	-41.39	-
Other Unusual Items	1.36	2.33	20.31	31.2	0.99	14.11
Pretax Income	1,439	1,531	827.87	337.39	295.07	294.77
Income Tax Expense	314.31	305.39	165.27	51.8	45.66	75.6
Earnings From Continuing Operations	1,125	1,225	662.61	285.6	249.4	219.17
Minority Interest in Earnings	-806.5	-791.59	-510.63	-19.71	-	-
Net Income	318.15	433.53	151.98	265.88	249.4	219.17
Net Income to Common	318.15	433.53	151.98	265.88	249.4	219.17
Net Income Growth	-19.99%	185.26%	-42.84%	6.61%	13.79%	4.09%
Shares Outstanding (Basic)	2,229	2,229	2,228	2,229	2,229	2,192
Shares Outstanding (Diluted)	2,229	2,229	2,228	2,229	2,229	2,192
Shares Change (YoY)	0.01%	0.02%	-0.01%	-0.01%	1.69%	-1.64%
EPS (Basic)	0.14	0.19	0.07	0.12	0.11	0.10
EPS (Diluted)	0.14	0.19	0.07	0.12	0.11	0.10
EPS Growth	-20.00%	185.19%	-42.83%	6.61%	11.90%	5.82%
Free Cash Flow	1,267	1,617	988.84	-1,075	401.27	371.29
Free Cash Flow Per Share	0.57	0.73	0.44	-0.48	0.18	0.17
Dividend Per Share	0.116	0.116	0.045	0.100	0.093	0.089
Dividend Growth	157.78%	157.78%	-55.00%	7.18%	4.95%	99.78%
Gross Margin	45.28%	48.72%	40.55%	40.65%	37.52%	34.45%
Operating Margin	34.85%	38.72%	28.52%	24.60%	28.41%	23.84%
Profit Margin	7.69%	11.03%	5.13%	19.00%	23.25%	19.74%
Free Cash Flow Margin	30.63%	41.13%	33.37%	-76.85%	37.41%	33.44%
EBITDA	1,710	1,831	1,207	505.16	445.8	402.98
EBITDA Margin	41.34%	46.56%	40.71%	36.11%	41.56%	36.30%
D&A For EBITDA	268.37	308.28	361.49	161	141.03	138.36
EBIT	1,441	1,522	845.04	344.16	304.78	264.63
EBIT Margin	34.85%	38.72%	28.52%	24.60%	28.41%	23.84%
Effective Tax Rate	21.84%	19.95%	19.96%	15.35%	15.48%	25.65%
Revenue as Reported	4,136	3,932	2,963	1,399	1,073	1,110
Advertising Expenses	-	6.85	1.93	0.87	0.85	2.27

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