Sun Hung Kai Properties Ltd
HKEX:16
Income Statement
Earnings Waterfall
Sun Hung Kai Properties Ltd
Income Statement
Sun Hung Kai Properties Ltd
| Jun-1998 | Dec-1998 | Jun-1999 | Dec-1999 | Jun-2000 | Dec-2000 | Jun-2001 | Dec-2001 | Jun-2002 | Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(389)
|
(238)
|
(624)
|
(431)
|
(703)
|
(596)
|
(514)
|
(329)
|
(233)
|
(183)
|
(232)
|
(290)
|
(395)
|
(444)
|
(416)
|
1 058
|
2 227
|
2 385
|
2 378
|
2 314
|
2 237
|
2 121
|
1 955
|
1 817
|
1 962
|
2 299
|
2 429
|
2 489
|
2 516
|
2 384
|
2 456
|
2 373
|
2 058
|
2 425
|
2 983
|
3 465
|
3 981
|
3 681
|
2 794
|
0
|
|
| Revenue |
23 222
N/A
|
28 061
+21%
|
23 404
-17%
|
23 053
-1%
|
25 826
+12%
|
19 158
-26%
|
17 701
-8%
|
16 757
-5%
|
25 373
+51%
|
29 425
+16%
|
22 945
-22%
|
18 074
-21%
|
21 764
+20%
|
24 339
+12%
|
22 945
-6%
|
26 133
+14%
|
25 598
-2%
|
25 913
+1%
|
30 994
+20%
|
28 132
-9%
|
24 471
-13%
|
27 672
+13%
|
34 234
+24%
|
32 384
-5%
|
33 211
+3%
|
51 454
+55%
|
62 553
+22%
|
67 460
+8%
|
68 400
+1%
|
63 757
-7%
|
53 793
-16%
|
54 522
+1%
|
75 100
+38%
|
74 687
-1%
|
66 783
-11%
|
69 592
+4%
|
91 184
+31%
|
102 625
+13%
|
78 207
-24%
|
87 030
+11%
|
85 644
-2%
|
67 590
-21%
|
85 302
+26%
|
86 901
+2%
|
82 653
-5%
|
90 012
+9%
|
85 262
-5%
|
79 345
-7%
|
77 747
-2%
|
65 022
-16%
|
71 195
+9%
|
71 309
+0%
|
71 506
+0%
|
83 897
+17%
|
79 721
-5%
|
92 493
+16%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
(11 103)
|
(15 990)
|
(9 625)
|
(8 440)
|
(9 482)
|
(15 647)
|
(19 072)
|
(14 419)
|
(10 270)
|
(12 976)
|
(15 014)
|
(12 733)
|
(12 425)
|
(11 512)
|
(13 544)
|
(17 387)
|
(14 524)
|
(11 371)
|
(14 465)
|
(17 689)
|
(15 949)
|
(17 142)
|
(31 079)
|
(37 259)
|
(37 385)
|
(39 098)
|
(36 282)
|
(29 907)
|
(29 704)
|
(44 989)
|
(46 241)
|
(38 989)
|
(41 315)
|
(56 445)
|
(61 358)
|
(42 433)
|
(44 666)
|
(43 752)
|
(33 541)
|
(40 455)
|
(41 293)
|
(40 517)
|
(42 980)
|
(40 493)
|
(39 177)
|
(37 906)
|
(31 037)
|
(36 737)
|
(37 077)
|
(39 292)
|
(49 982)
|
(45 531)
|
(57 804)
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
6 031
N/A
|
9 836
+63%
|
9 533
-3%
|
9 261
-3%
|
7 275
-21%
|
9 726
+34%
|
10 353
+6%
|
8 526
-18%
|
7 804
-8%
|
8 788
+13%
|
9 325
+6%
|
10 212
+10%
|
13 708
+34%
|
14 086
+3%
|
12 369
-12%
|
13 607
+10%
|
13 608
+0%
|
13 100
-4%
|
13 207
+1%
|
16 545
+25%
|
16 435
-1%
|
16 069
-2%
|
20 375
+27%
|
25 294
+24%
|
30 075
+19%
|
29 302
-3%
|
27 475
-6%
|
23 886
-13%
|
24 818
+4%
|
30 111
+21%
|
28 446
-6%
|
27 794
-2%
|
28 277
+2%
|
34 739
+23%
|
41 267
+19%
|
35 774
-13%
|
42 364
+18%
|
41 892
-1%
|
34 049
-19%
|
44 847
+32%
|
45 608
+2%
|
42 136
-8%
|
47 032
+12%
|
44 769
-5%
|
40 168
-10%
|
39 841
-1%
|
33 985
-15%
|
34 458
+1%
|
34 232
-1%
|
32 214
-6%
|
33 915
+5%
|
34 190
+1%
|
34 689
+1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(15 719)
|
(22 166)
|
(14 134)
|
(2 265)
|
(1 496)
|
(1 451)
|
(932)
|
(868)
|
(1 111)
|
(1 332)
|
(1 259)
|
(2 233)
|
(1 203)
|
(1 378)
|
(1 387)
|
(1 633)
|
(1 772)
|
(1 910)
|
(2 045)
|
(1 917)
|
(2 372)
|
(2 937)
|
(2 649)
|
(2 066)
|
(2 227)
|
(2 881)
|
(3 928)
|
(4 456)
|
(4 314)
|
(4 198)
|
(4 586)
|
(4 802)
|
(5 129)
|
(5 520)
|
(5 016)
|
(4 753)
|
(5 883)
|
(6 394)
|
(6 248)
|
(6 935)
|
(6 439)
|
(5 881)
|
(6 989)
|
(7 425)
|
(6 681)
|
(13 629)
|
(7 524)
|
(7 039)
|
(6 479)
|
(6 671)
|
(6 913)
|
(6 593)
|
(5 462)
|
(5 183)
|
(8 502)
|
(7 633)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
(806)
|
(1 538)
|
(1 544)
|
(1 479)
|
(1 403)
|
(1 505)
|
(1 569)
|
(1 598)
|
(1 662)
|
(1 836)
|
(1 954)
|
(2 005)
|
(2 234)
|
(2 307)
|
(2 454)
|
(2 561)
|
(2 441)
|
(2 775)
|
(2 917)
|
(2 878)
|
(2 834)
|
(2 890)
|
(3 586)
|
(4 502)
|
(4 831)
|
(4 846)
|
(5 043)
|
(5 571)
|
(5 725)
|
(6 138)
|
(6 320)
|
(5 610)
|
(5 462)
|
(6 646)
|
(7 485)
|
(7 175)
|
(7 706)
|
(7 595)
|
(6 790)
|
(7 729)
|
(8 240)
|
(7 512)
|
(7 813)
|
(7 774)
|
(7 269)
|
(7 080)
|
(6 815)
|
(7 324)
|
(7 244)
|
(7 228)
|
(8 098)
|
(8 400)
|
(7 661)
|
|
| Other Operating Expenses |
(15 719)
|
(22 166)
|
(14 134)
|
(1 459)
|
42
|
93
|
547
|
535
|
394
|
237
|
339
|
(571)
|
633
|
576
|
618
|
601
|
535
|
544
|
516
|
524
|
403
|
(20)
|
229
|
768
|
663
|
705
|
574
|
375
|
532
|
845
|
985
|
923
|
1 009
|
800
|
594
|
709
|
763
|
1 091
|
927
|
771
|
1 156
|
909
|
740
|
815
|
831
|
(5 816)
|
250
|
230
|
601
|
144
|
411
|
651
|
1 766
|
2 915
|
(102)
|
28
|
|
| Operating Income |
7 503
N/A
|
5 895
-21%
|
9 270
+57%
|
9 685
+4%
|
8 340
-14%
|
8 082
-3%
|
8 329
+3%
|
6 407
-23%
|
8 615
+34%
|
9 021
+5%
|
7 267
-19%
|
5 571
-23%
|
7 585
+36%
|
7 947
+5%
|
8 825
+11%
|
12 075
+37%
|
12 314
+2%
|
10 459
-15%
|
11 562
+11%
|
11 691
+1%
|
10 728
-8%
|
10 270
-4%
|
13 896
+35%
|
14 369
+3%
|
13 842
-4%
|
17 494
+26%
|
21 366
+22%
|
25 619
+20%
|
24 988
-2%
|
23 277
-7%
|
19 300
-17%
|
20 016
+4%
|
24 982
+25%
|
22 926
-8%
|
22 778
-1%
|
23 524
+3%
|
28 856
+23%
|
34 873
+21%
|
29 526
-15%
|
35 429
+20%
|
35 453
+0%
|
28 168
-21%
|
37 858
+34%
|
38 183
+1%
|
35 455
-7%
|
33 403
-6%
|
37 245
+12%
|
33 129
-11%
|
33 362
+1%
|
27 314
-18%
|
27 545
+1%
|
27 639
+0%
|
26 752
-3%
|
28 732
+7%
|
25 688
-11%
|
27 056
+5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1 308
|
1 220
|
879
|
856
|
3 165
|
3 396
|
869
|
1 072
|
1 199
|
1 076
|
1 710
|
1 103
|
900
|
2 808
|
3 636
|
19 278
|
11 379
|
10 031
|
14 305
|
17 301
|
20 507
|
5 756
|
(1 448)
|
15 215
|
20 695
|
24 618
|
34 781
|
30 010
|
24 105
|
26 293
|
24 989
|
22 590
|
15 629
|
13 163
|
14 424
|
12 453
|
10 982
|
12 498
|
19 731
|
27 282
|
23 926
|
17 103
|
16 642
|
11 173
|
(4 932)
|
(4 089)
|
(548)
|
4 449
|
(1 518)
|
(3 982)
|
1 047
|
1 452
|
(3 104)
|
(5 313)
|
(873)
|
1 872
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(473)
|
(487)
|
0
|
(1 481)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 084)
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(43)
|
(81)
|
(74)
|
(67)
|
(60)
|
(52)
|
(42)
|
(32)
|
(25)
|
(23)
|
(20)
|
(17)
|
(15)
|
(12)
|
(14)
|
(21)
|
(35)
|
(58)
|
(70)
|
(70)
|
(69)
|
(65)
|
(62)
|
(62)
|
(60)
|
|
| Pre-Tax Income |
8 811
N/A
|
7 115
-19%
|
10 149
+43%
|
10 541
+4%
|
11 505
+9%
|
11 478
0%
|
9 198
-20%
|
7 006
-24%
|
9 327
+33%
|
10 097
+8%
|
7 496
-26%
|
6 674
-11%
|
8 485
+27%
|
10 755
+27%
|
12 461
+16%
|
31 353
+152%
|
23 693
-24%
|
20 490
-14%
|
25 867
+26%
|
29 014
+12%
|
31 235
+8%
|
16 026
-49%
|
12 448
-22%
|
29 584
+138%
|
34 537
+17%
|
42 112
+22%
|
56 147
+33%
|
55 629
-1%
|
49 093
-12%
|
49 570
+1%
|
44 289
-11%
|
42 563
-4%
|
40 530
-5%
|
36 015
-11%
|
37 135
+3%
|
35 917
-3%
|
39 786
+11%
|
47 329
+19%
|
49 225
+4%
|
62 686
+27%
|
59 356
-5%
|
45 251
-24%
|
54 483
+20%
|
49 341
-9%
|
30 511
-38%
|
29 300
-4%
|
36 676
+25%
|
37 543
+2%
|
31 786
-15%
|
23 262
-27%
|
28 522
+23%
|
29 022
+2%
|
23 583
-19%
|
22 273
-6%
|
24 753
+11%
|
28 868
+17%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1 302)
|
(1 047)
|
(867)
|
(725)
|
(696)
|
(616)
|
(858)
|
(900)
|
(872)
|
(1 061)
|
(919)
|
(991)
|
(1 285)
|
(1 338)
|
(1 861)
|
(4 784)
|
(3 655)
|
(3 042)
|
(4 453)
|
(4 754)
|
(3 084)
|
(923)
|
(1 885)
|
(4 066)
|
(5 896)
|
(5 867)
|
(7 359)
|
(6 606)
|
(5 284)
|
(4 500)
|
(3 342)
|
(4 996)
|
(6 195)
|
(4 645)
|
(4 771)
|
(4 970)
|
(6 390)
|
(7 950)
|
(6 750)
|
(7 806)
|
(8 402)
|
(6 706)
|
(8 474)
|
(8 464)
|
(6 197)
|
(6 949)
|
(9 230)
|
(8 558)
|
(5 655)
|
(3 855)
|
(3 947)
|
(3 764)
|
(3 978)
|
(4 300)
|
(4 869)
|
(6 240)
|
|
| Income from Continuing Operations |
7 509
|
6 068
|
9 282
|
9 816
|
10 809
|
10 862
|
8 340
|
6 106
|
8 455
|
9 036
|
6 577
|
5 683
|
7 200
|
9 417
|
10 600
|
26 569
|
20 038
|
17 448
|
21 414
|
24 260
|
28 151
|
15 103
|
10 563
|
25 518
|
28 641
|
36 245
|
48 788
|
49 023
|
43 809
|
45 070
|
40 947
|
37 567
|
34 335
|
31 370
|
32 364
|
30 947
|
33 396
|
39 379
|
42 475
|
54 880
|
50 954
|
38 545
|
46 009
|
40 877
|
24 314
|
22 351
|
27 446
|
28 985
|
26 131
|
19 407
|
24 575
|
25 258
|
19 605
|
17 973
|
19 884
|
22 628
|
|
| Income to Minority Interest |
(249)
|
(21)
|
(4)
|
(8)
|
13
|
8
|
(10)
|
100
|
64
|
(31)
|
7
|
(136)
|
(277)
|
(274)
|
(229)
|
(224)
|
(188)
|
(193)
|
(188)
|
(318)
|
(549)
|
(435)
|
(207)
|
(415)
|
(598)
|
(626)
|
(691)
|
(814)
|
(729)
|
(606)
|
(618)
|
(726)
|
(815)
|
(1 181)
|
(1 282)
|
(837)
|
(730)
|
(778)
|
(675)
|
(621)
|
(829)
|
(983)
|
(926)
|
(845)
|
(624)
|
(521)
|
(694)
|
(691)
|
(571)
|
(623)
|
(668)
|
(616)
|
(559)
|
(549)
|
(607)
|
(627)
|
|
| Net Income (Common) |
7 260
N/A
|
6 047
-17%
|
9 278
+53%
|
9 808
+6%
|
10 822
+10%
|
10 870
+0%
|
8 330
-23%
|
6 206
-25%
|
8 519
+37%
|
9 005
+6%
|
6 584
-27%
|
5 547
-16%
|
6 923
+25%
|
9 143
+32%
|
10 371
+13%
|
26 345
+154%
|
19 850
-25%
|
17 255
-13%
|
21 226
+23%
|
23 942
+13%
|
27 602
+15%
|
14 668
-47%
|
10 356
-29%
|
25 103
+142%
|
28 043
+12%
|
35 619
+27%
|
48 097
+35%
|
48 209
+0%
|
43 080
-11%
|
44 464
+3%
|
40 329
-9%
|
36 841
-9%
|
33 520
-9%
|
30 189
-10%
|
31 082
+3%
|
30 110
-3%
|
32 666
+8%
|
38 601
+18%
|
41 782
+8%
|
54 154
+30%
|
49 951
-8%
|
37 389
-25%
|
44 912
+20%
|
39 862
-11%
|
23 521
-41%
|
21 680
-8%
|
26 686
+23%
|
28 294
+6%
|
25 560
-10%
|
18 784
-27%
|
23 907
+27%
|
24 642
+3%
|
19 046
-23%
|
17 424
-9%
|
19 277
+11%
|
22 001
+14%
|
|
| EPS (Diluted) |
3.03
N/A
|
2.52
-17%
|
3.87
+54%
|
4.09
+6%
|
4.51
+10%
|
4.53
+0%
|
3.47
-23%
|
2.58
-26%
|
3.55
+38%
|
3.76
+6%
|
2.74
-27%
|
2.31
-16%
|
2.88
+25%
|
3.81
+32%
|
4.32
+13%
|
10.97
+154%
|
8.23
-25%
|
6.92
-16%
|
8.52
+23%
|
9.52
+12%
|
10.87
+14%
|
5.72
-47%
|
4.04
-29%
|
9.79
+142%
|
10.93
+12%
|
13.87
+27%
|
18.71
+35%
|
18.75
+0%
|
16.63
-11%
|
16.98
+2%
|
15.28
-10%
|
13.8
-10%
|
12.41
-10%
|
10.86
-12%
|
10.98
+1%
|
10.44
-5%
|
11.29
+8%
|
13.32
+18%
|
14.43
+8%
|
18.7
+30%
|
17.24
-8%
|
12.91
-25%
|
15.5
+20%
|
13.76
-11%
|
8.12
-41%
|
7.48
-8%
|
9.21
+23%
|
9.76
+6%
|
8.82
-10%
|
6.48
-27%
|
8.25
+27%
|
8.5
+3%
|
6.57
-23%
|
6.01
-9%
|
6.65
+11%
|
7.59
+14%
|
|