Tai Cheung Holdings Limited (HKG:0088)

Tai Cheung Holdings Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	36	121.7	66.3	131.9	73.8
Revenue Growth (YoY)	-70.42%	83.56%	-49.73%	78.73%	71.63%
Cost of Revenue	30	98.7	57.7	128.9	70.5
Gross Profit	6	23	8.6	3	3.3
Selling, General & Admin	59.9	56	57.8	58.5	62.5
Other Operating Expenses	-2.8	-2.5	-	-	-
Operating Expenses	57.1	53.5	57.8	58.5	62.5
Operating Income	-51.1	-30.5	-49.2	-55.5	-59.2
Interest Expense	-0.6	-1	-1.6	-3.1	-9.9
Interest & Investment Income	41	59.8	39.1	57.9	28.9
Earnings From Equity Investments	52.7	56.1	10	19.4	9.5
EBT Excluding Unusual Items	42	84.4	-1.7	18.7	-30.7
Gain (Loss) on Sale of Investments	21.3	-8.7	-19.7	-15.4	-1.1
Other Unusual Items	-	-	1.8	-	2.8
Pretax Income	63.3	75.7	-19.6	3.3	-29
Income Tax Expense	0.5	0.8	0.4	0.4	-0.8
Net Income	62.8	74.9	-20	2.9	-28.2
Net Income to Common	62.8	74.9	-20	2.9	-28.2
Net Income Growth	-16.16%	-	-	-	-
Shares Outstanding (Basic)	618	618	618	618	618
Shares Outstanding (Diluted)	618	618	618	618	618
EPS (Basic)	0.10	0.12	-0.03	0.00	-0.05
EPS (Diluted)	0.10	0.12	-0.03	0.00	-0.05
EPS Growth	-16.16%	-	-	-	-
Free Cash Flow	-292.3	-101.9	-152.1	-110.6	-1,377
Free Cash Flow Per Share	-0.47	-0.17	-0.25	-0.18	-2.23
Dividend Per Share	0.240	0.240	0.240	0.240	0.240
Gross Margin	16.67%	18.90%	12.97%	2.27%	4.47%
Operating Margin	-141.94%	-25.06%	-74.21%	-42.08%	-80.22%
Profit Margin	174.44%	61.55%	-30.17%	2.20%	-38.21%
Free Cash Flow Margin	-811.94%	-83.73%	-229.41%	-83.85%	-1865.99%
EBITDA	-50.4	-29.8	-48.6	-54.7	-58.2
EBITDA Margin	-140.00%	-24.49%	-73.30%	-41.47%	-78.86%
D&A For EBITDA	0.7	0.7	0.6	0.8	1
EBIT	-51.1	-30.5	-49.2	-55.5	-59.2
EBIT Margin	-141.94%	-25.06%	-74.21%	-42.08%	-80.22%
Effective Tax Rate	0.79%	1.06%	-	12.12%	-

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.