COFCO Capital Holdings Co., Ltd. (SHE:002423)

COFCO Capital Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	20,423	20,353	15,485	10,684	10,159	9,275
Total Interest & Dividend Income	4,984	5,163	3,755	4,451	3,025	2,758
Gain (Loss) on Sale of Investments	1,646	2,695	570.95	-1,784	394.71	1,215
Non-Insurance Activities Revenue	315.05	558.12	3,059	4,527	6,347	1,572
Other Revenue	1,631	1,748	1,506	1,365	1,292	995.48
Total Revenue	28,999	30,517	24,376	19,243	21,218	15,815
Revenue Growth (YoY)	29.72%	25.19%	26.67%	-9.31%	34.16%	27.19%
Policy Benefits	21,547	22,010	13,654	9,653	9,012	8,217
Selling, General & Administrative	2,945	2,922	2,736	2,242	2,345	2,478
Provision for Bad Debts	16.67	15.98	-82.85	-6.84	10.29	57.67
Non-Insurance Activities Expense	428.96	693.88	3,150	4,685	6,226	1,686
Other Operating Expenses	2,231	2,207	2,511	1,228	1,195	1,092
Total Operating Expenses	27,372	28,051	22,038	17,883	18,798	13,800
Operating Income	1,627	2,466	2,338	1,360	2,420	2,016
Interest Expense	-725.36	-398.48	-597.68	-494.67	-409.41	-240.13
Earnings From Equity Investments	142.44	142.44	140.5	139.43	160.81	179.42
Currency Exchange Gain (Loss)	-1.08	-0.21	0.87	4.2	-0.06	-3.94
Other Non Operating Income (Expenses)	-0.68	-	-	-	-	-
EBT Excluding Unusual Items	1,042	2,210	1,881	1,009	2,171	1,951
Gain (Loss) on Sale of Investments	-	-	-	-	278.28	-
Gain (Loss) on Sale of Assets	0.84	0.67	1.6	-0.56	-1.87	-1.72
Asset Writedown	-0.4	-0.4	-29.09	-0.23	-0.01	-0.31
Other Unusual Items	11.94	4.57	5.08	-3.75	-1.31	-0.25
Pretax Income	1,055	2,214	1,859	1,004	2,446	1,949
Income Tax Expense	347.45	357.98	375.46	-94.97	385.28	330.04
Earnings From Continuing Ops.	707.06	1,856	1,484	1,099	2,061	1,619
Minority Interest in Earnings	-45.14	-646.53	-463.01	-502.15	-688.8	-565.07
Net Income	661.92	1,210	1,021	596.99	1,372	1,054
Net Income to Common	661.92	1,210	1,021	596.99	1,372	1,054
Net Income Growth	-58.23%	18.55%	70.95%	-56.50%	30.26%	61.54%
Shares Outstanding (Basic)	2,304	2,304	2,304	2,304	2,304	2,304
Shares Outstanding (Diluted)	2,304	2,304	2,304	2,304	2,304	2,304
Shares Change (YoY)	-0.01%	-0.01%	0.01%	-0.00%	-0.01%	0.03%
EPS (Basic)	0.29	0.53	0.44	0.26	0.60	0.46
EPS (Diluted)	0.29	0.53	0.44	0.26	0.60	0.46
EPS Growth	-58.22%	18.56%	70.94%	-56.50%	30.27%	61.50%
Free Cash Flow	16,844	14,113	6,475	7,731	9,097	6,249
Free Cash Flow Per Share	7.31	6.13	2.81	3.36	3.95	2.71
Dividend Per Share	0.158	0.158	0.133	0.078	0.179	0.045
Dividend Growth	18.80%	18.80%	70.51%	-56.43%	297.78%	60.71%
Operating Margin	5.61%	8.08%	9.59%	7.07%	11.40%	12.74%
Profit Margin	2.28%	3.96%	4.19%	3.10%	6.47%	6.66%
Free Cash Flow Margin	58.08%	46.25%	26.56%	40.18%	42.87%	39.51%
EBITDA	1,737	2,574	2,435	1,439	2,488	2,114
EBITDA Margin	5.99%	8.43%	9.99%	7.48%	11.72%	13.36%
D&A For EBITDA	110.52	107.82	97.02	78.93	67.79	97.92
EBIT	1,627	2,466	2,338	1,360	2,420	2,016
EBIT Margin	5.61%	8.08%	9.59%	7.07%	11.40%	12.74%
Effective Tax Rate	32.95%	16.17%	20.20%	-	15.75%	16.94%
Revenue as Reported	25,250	25,250	22,282	18,607	19,707	13,568

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.