National Electronics Holdings Limited (HKG:0213)

HKG:0213 Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	536.06	502.31	578.22	501.31	694.56	1,443
Revenue Growth (YoY)	-4.32%	-13.13%	15.34%	-27.82%	-51.86%	114.11%
Cost of Revenue	401.84	375.28	457.3	393.51	606.74	1,282
Gross Profit	134.22	127.02	120.93	107.8	87.82	160.6
Selling, General & Admin	114.98	106.96	106.95	179	123.49	125.89
Operating Expenses	114.98	106.96	106.95	179	123.49	125.89
Operating Income	19.24	20.07	13.98	-71.2	-35.66	34.71
Interest Expense	-168.37	-202.35	-213.3	-140.27	-74.85	-78.95
Interest & Investment Income	11.67	15.12	17.94	12.48	3.87	5.3
Earnings From Equity Investments	-29.6	-30.69	-18.61	-10.68	96.86	-13.51
Currency Exchange Gain (Loss)	4.38	-	-	-	5.62	42.02
Other Non Operating Income (Expenses)	29.06	24.85	2.1	3.62	1.81	4.56
EBT Excluding Unusual Items	-133.62	-173	-197.9	-206.04	-2.36	-5.88
Gain (Loss) on Sale of Investments	-0.03	3.39	-1.48	-32.79	-49.9	-4.34
Gain (Loss) on Sale of Assets	14.7	36.34	15.95	2.23	0.38	0.26
Asset Writedown	193.15	207.13	223.3	298.7	134.76	89.95
Other Unusual Items	0.08	0.08	2.37	3.39	1.2	9.57
Pretax Income	74.29	73.93	42.24	65.5	84.07	89.56
Income Tax Expense	-21.84	-19.96	1.21	16.65	-7.2	-26.62
Earnings From Continuing Operations	96.13	93.9	41.04	48.84	91.28	116.19
Minority Interest in Earnings	-	-	0.1	0.03	0.08	0.08
Net Income	96.13	93.9	41.13	48.87	91.36	116.26
Net Income to Common	96.13	93.9	41.13	48.87	91.36	116.26
Net Income Growth	127.64%	128.28%	-15.83%	-46.51%	-21.42%	-3.78%
Shares Outstanding (Basic)	915	916	917	933	965	983
Shares Outstanding (Diluted)	915	916	917	933	965	983
Shares Change (YoY)	-0.05%	-0.17%	-1.65%	-3.37%	-1.79%	-2.71%
EPS (Basic)	0.11	0.10	0.04	0.05	0.09	0.12
EPS (Diluted)	0.11	0.10	0.04	0.05	0.09	0.12
EPS Growth	127.76%	128.67%	-13.77%	-45.06%	-19.79%	-1.34%
Free Cash Flow	-140.16	-415.64	-229.32	-88.54	-418.61	626.95
Free Cash Flow Per Share	-0.15	-0.45	-0.25	-0.10	-0.43	0.64
Dividend Per Share	0.005	0.005	0.012	0.023	0.035	0.035
Dividend Growth	-58.33%	-58.33%	-47.83%	-34.29%	-	-
Gross Margin	25.04%	25.29%	20.91%	21.50%	12.64%	11.13%
Operating Margin	3.59%	4.00%	2.42%	-14.20%	-5.13%	2.41%
Profit Margin	17.93%	18.69%	7.11%	9.75%	13.15%	8.06%
Free Cash Flow Margin	-26.15%	-82.75%	-39.66%	-17.66%	-60.27%	43.45%
EBITDA	25.37	26.13	20.2	-63.21	-25.83	48.01
EBITDA Margin	4.73%	5.20%	3.49%	-12.61%	-3.72%	3.33%
D&A For EBITDA	6.13	6.06	6.21	7.99	9.83	13.3
EBIT	19.24	20.07	13.98	-71.2	-35.66	34.71
EBIT Margin	3.59%	4.00%	2.42%	-14.20%	-5.13%	2.41%
Effective Tax Rate	-	-	2.86%	25.43%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.