Northeast Electric Development Company Limited (HKG:0042)

HKG:0042 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	164.17	156.44	110.43	161	119.49
Revenue	164.17	156.44	110.43	161	119.49
Revenue Growth (YoY)	4.94%	41.66%	-31.41%	34.75%	49.37%
Cost of Revenue	113.93	110.36	59.2	68.78	50.66
Gross Profit	50.24	46.08	51.23	92.22	68.82
Selling, General & Admin	59.86	57.03	69.27	124.87	96.93
Other Operating Expenses	-4.48	-2.95	-2.27	-3.72	-3.28
Operating Expenses	60.23	57.08	65.52	121.63	96.31
Operating Income	-9.99	-11	-14.29	-29.41	-27.49
Interest Expense	-0.29	-0.52	-0.4	-0.85	-1.68
Interest & Investment Income	0.03	0.09	0.07	0.18	-
Other Non Operating Income (Expenses)	-0.12	-0.4	-0.43	-1.57	17.14
EBT Excluding Unusual Items	-10.37	-11.83	-15.04	-31.65	-12.03
Merger & Restructuring Charges	-	-	-	0.3	-
Gain (Loss) on Sale of Investments	-	-	9.1	-	-
Gain (Loss) on Sale of Assets	-8.09	1.76	-0.05	-0.05	-
Asset Writedown	-	-	-	-	-9.63
Legal Settlements	-63.97	-	-	-	37.75
Other Unusual Items	-	-	-	5.88	1.38
Pretax Income	-82.44	-10.07	-6	-25.52	17.47
Income Tax Expense	0.32	-	-	-0.25	-0.13
Earnings From Continuing Operations	-82.76	-10.07	-6	-25.27	17.6
Minority Interest in Earnings	0.06	-0.04	0.04	0.13	0.03
Net Income	-82.7	-10.11	-5.96	-25.14	17.63
Net Income to Common	-82.7	-10.11	-5.96	-25.14	17.63
Net Income Growth	-	-	-	-	-72.45%
Shares Outstanding (Basic)	873	873	873	873	873
Shares Outstanding (Diluted)	873	873	873	873	873
Shares Change (YoY)	-	-	-	-	-4.44%
EPS (Basic)	-0.09	-0.01	-0.01	-0.03	0.02
EPS (Diluted)	-0.09	-0.01	-0.01	-0.03	0.02
EPS Growth	-	-	-	-	-71.16%
Free Cash Flow	-	-5.79	-12.29	9.15	10.85
Free Cash Flow Per Share	-	-0.01	-0.01	0.01	0.01
Gross Margin	30.60%	29.46%	46.39%	57.28%	57.60%
Operating Margin	-6.08%	-7.03%	-12.94%	-18.27%	-23.01%
Profit Margin	-50.37%	-6.46%	-5.39%	-15.62%	14.75%
Free Cash Flow Margin	-	-3.70%	-11.13%	5.68%	9.08%
EBITDA	-6.81	-7.83	-10.89	-26.11	-21.19
EBITDA Margin	-4.15%	-5.00%	-9.86%	-16.22%	-17.74%
D&A For EBITDA	3.18	3.18	3.4	3.3	6.3
EBIT	-9.99	-11	-14.29	-29.41	-27.49
EBIT Margin	-6.08%	-7.03%	-12.94%	-18.27%	-23.01%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.