Tao Heung Holdings Ltd
HKEX:573
Income Statement
Earnings Waterfall
Tao Heung Holdings Ltd
Revenue
|
2.9B
HKD
|
Cost of Revenue
|
-2.6B
HKD
|
Gross Profit
|
325.7m
HKD
|
Operating Expenses
|
-196m
HKD
|
Operating Income
|
129.6m
HKD
|
Other Expenses
|
-56m
HKD
|
Net Income
|
73.7m
HKD
|
Income Statement
Tao Heung Holdings Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
2 100
N/A
|
2 299
+9%
|
2 444
+6%
|
2 567
+5%
|
2 610
+2%
|
2 701
+3%
|
2 937
+9%
|
3 252
+11%
|
3 576
+10%
|
3 792
+6%
|
4 056
+7%
|
4 259
+5%
|
4 320
+1%
|
4 413
+2%
|
4 489
+2%
|
4 523
+1%
|
4 546
+1%
|
4 488
-1%
|
4 287
-4%
|
4 067
-5%
|
4 025
-1%
|
4 132
+3%
|
4 139
+0%
|
4 087
-1%
|
3 906
-4%
|
3 025
-23%
|
2 388
-21%
|
2 542
+6%
|
2 836
+12%
|
2 593
-9%
|
2 402
-7%
|
2 848
+19%
|
2 949
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(714)
|
(1 397)
|
(2 076)
|
(2 164)
|
(2 209)
|
(2 289)
|
(2 492)
|
(2 736)
|
(3 017)
|
(3 213)
|
(3 424)
|
(3 628)
|
(3 704)
|
(3 815)
|
(3 954)
|
(4 026)
|
(4 049)
|
(3 982)
|
(3 766)
|
(3 616)
|
(3 635)
|
(3 714)
|
(3 677)
|
(3 576)
|
(3 410)
|
(2 828)
|
(2 410)
|
(2 463)
|
(2 633)
|
(2 484)
|
(2 418)
|
(2 653)
|
(2 624)
|
|
Gross Profit |
1 386
N/A
|
902
-35%
|
368
-59%
|
404
+10%
|
402
0%
|
412
+3%
|
446
+8%
|
517
+16%
|
559
+8%
|
579
+4%
|
632
+9%
|
631
0%
|
616
-2%
|
598
-3%
|
536
-10%
|
497
-7%
|
497
+0%
|
506
+2%
|
521
+3%
|
450
-14%
|
390
-13%
|
418
+7%
|
462
+10%
|
511
+11%
|
496
-3%
|
197
-60%
|
(21)
N/A
|
79
N/A
|
203
+157%
|
109
-46%
|
(16)
N/A
|
195
N/A
|
326
+67%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 145)
|
(679)
|
(147)
|
(165)
|
(148)
|
(160)
|
(170)
|
(217)
|
(241)
|
(236)
|
(258)
|
(261)
|
(283)
|
(283)
|
(291)
|
(299)
|
(299)
|
(314)
|
(304)
|
(296)
|
(290)
|
(292)
|
(293)
|
(299)
|
(216)
|
(228)
|
(253)
|
(247)
|
(254)
|
(259)
|
(220)
|
(209)
|
(196)
|
|
Selling, General & Administrative |
(721)
|
(451)
|
(149)
|
(168)
|
(158)
|
(170)
|
(186)
|
(233)
|
(262)
|
(263)
|
(276)
|
(279)
|
(285)
|
(279)
|
(293)
|
(300)
|
(301)
|
(306)
|
(307)
|
(301)
|
(301)
|
(301)
|
(313)
|
(319)
|
(305)
|
(280)
|
(261)
|
(253)
|
(270)
|
(276)
|
(245)
|
(239)
|
(240)
|
|
Depreciation & Amortization |
(92)
|
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
|
|
Other Operating Expenses |
(331)
|
(228)
|
2
|
3
|
9
|
10
|
16
|
16
|
21
|
27
|
18
|
18
|
2
|
(4)
|
2
|
1
|
2
|
(8)
|
2
|
6
|
11
|
10
|
20
|
19
|
88
|
52
|
9
|
6
|
16
|
18
|
25
|
30
|
44
|
|
Operating Income |
242
N/A
|
223
-8%
|
221
-1%
|
239
+8%
|
253
+6%
|
253
0%
|
275
+9%
|
300
+9%
|
319
+6%
|
343
+8%
|
374
+9%
|
370
-1%
|
333
-10%
|
315
-5%
|
245
-22%
|
197
-19%
|
198
+1%
|
193
-3%
|
217
+13%
|
155
-29%
|
100
-35%
|
126
+26%
|
168
+33%
|
211
+26%
|
280
+32%
|
(31)
N/A
|
(274)
-780%
|
(168)
+39%
|
(51)
+70%
|
(149)
-195%
|
(235)
-58%
|
(14)
+94%
|
130
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
3
|
4
|
4
|
2
|
3
|
4
|
2
|
3
|
(5)
|
(7)
|
5
|
4
|
5
|
5
|
3
|
7
|
8
|
5
|
3
|
5
|
10
|
11
|
11
|
(9)
|
(31)
|
(28)
|
(19)
|
(12)
|
(11)
|
(12)
|
(26)
|
(26)
|
(23)
|
|
Non-Reccuring Items |
0
|
0
|
4
|
0
|
0
|
0
|
0
|
8
|
9
|
1
|
2
|
2
|
0
|
0
|
4
|
5
|
(8)
|
2
|
(3)
|
(3)
|
(3)
|
(19)
|
(30)
|
(22)
|
(59)
|
37
|
221
|
209
|
44
|
46
|
104
|
49
|
13
|
|
Total Other Income |
0
|
0
|
(2)
|
2
|
(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
|
|
Pre-Tax Income |
245
N/A
|
226
-8%
|
229
+1%
|
241
+5%
|
256
+7%
|
257
+0%
|
277
+8%
|
311
+12%
|
322
+4%
|
337
+5%
|
381
+13%
|
376
-1%
|
338
-10%
|
321
-5%
|
251
-22%
|
209
-17%
|
199
-5%
|
200
+1%
|
216
+8%
|
156
-28%
|
108
-31%
|
118
+10%
|
149
+26%
|
180
+21%
|
190
+6%
|
(22)
N/A
|
(72)
-237%
|
29
N/A
|
(18)
N/A
|
(115)
-535%
|
(157)
-37%
|
10
N/A
|
120
+1 156%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(42)
|
(41)
|
(37)
|
(40)
|
(46)
|
(45)
|
(56)
|
(67)
|
(63)
|
(65)
|
(77)
|
(74)
|
(65)
|
(62)
|
(51)
|
(44)
|
(37)
|
(37)
|
(45)
|
(35)
|
(21)
|
(30)
|
(40)
|
(44)
|
(55)
|
(12)
|
17
|
(3)
|
(1)
|
17
|
20
|
(12)
|
(34)
|
|
Income from Continuing Operations |
203
|
186
|
192
|
200
|
210
|
211
|
222
|
244
|
259
|
272
|
304
|
302
|
273
|
259
|
201
|
166
|
161
|
163
|
172
|
121
|
87
|
88
|
109
|
136
|
136
|
(34)
|
(55)
|
25
|
(19)
|
(98)
|
(137)
|
(3)
|
85
|
|
Income to Minority Interest |
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(3)
|
1
|
4
|
7
|
6
|
10
|
9
|
6
|
5
|
2
|
11
|
8
|
1
|
(11)
|
(15)
|
(3)
|
(3)
|
(2)
|
(4)
|
(6)
|
(6)
|
(12)
|
|
Net Income (Common) |
200
N/A
|
183
-9%
|
189
+3%
|
198
+5%
|
209
+5%
|
209
+0%
|
219
+5%
|
240
+10%
|
255
+6%
|
268
+5%
|
299
+11%
|
299
+0%
|
274
-8%
|
263
-4%
|
207
-21%
|
172
-17%
|
171
0%
|
171
0%
|
178
+4%
|
126
-29%
|
89
-30%
|
100
+12%
|
116
+17%
|
137
+18%
|
125
-9%
|
(48)
N/A
|
(58)
-20%
|
23
N/A
|
(21)
N/A
|
(102)
-380%
|
(143)
-40%
|
(8)
+94%
|
74
N/A
|
|
EPS (Diluted) |
0.19
N/A
|
0.18
-5%
|
0.18
N/A
|
0.19
+6%
|
0.2
+5%
|
0.2
N/A
|
0.21
+5%
|
0.23
+10%
|
0.25
+9%
|
0.27
+8%
|
0.3
+11%
|
0.3
N/A
|
0.27
-10%
|
0.25
-7%
|
0.2
-20%
|
0.17
-15%
|
0.17
N/A
|
0.17
N/A
|
0.17
N/A
|
0.12
-29%
|
0.09
-25%
|
0.1
+11%
|
0.11
+10%
|
0.13
+18%
|
0.12
-8%
|
-0.05
N/A
|
-0.06
-20%
|
0.02
N/A
|
-0.02
N/A
|
-0.1
-400%
|
-0.14
-40%
|
-0.01
+93%
|
0.07
N/A
|