Hing Lee (HK) Holdings Limited (HKG:0396)

Hing Lee (HK) Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	113.87	94.21	100.39	175.01	203.47
Revenue Growth (YoY)	20.86%	-6.15%	-42.64%	-13.99%	-32.21%
Cost of Revenue	98.17	71.81	76.09	150.93	184.65
Gross Profit	15.7	22.41	24.3	24.08	18.82
Selling, General & Admin	13.46	27.62	31.68	24.23	77.67
Other Operating Expenses	-0.58	-0.33	-0.48	-0.64	-1.96
Operating Expenses	12.88	27.29	31.21	23.59	75.71
Operating Income	2.82	-4.89	-6.91	0.49	-56.89
Interest Expense	-2.17	-4.39	-5.28	-5.94	-2.68
Interest & Investment Income	0.74	0.93	0.17	0.12	0.29
EBT Excluding Unusual Items	1.39	-8.35	-12.02	-5.33	-59.28
Gain (Loss) on Sale of Assets	13.93	-0.71	0.06	-0.18	-0.22
Asset Writedown	-	-2.4	-14.93	-	-
Other Unusual Items	-	-	0.1	-	0.26
Pretax Income	15.32	-11.46	-26.8	-5.51	-59.24
Income Tax Expense	-	-	-	0.01	-0.04
Earnings From Continuing Operations	15.32	-11.46	-26.8	-5.52	-59.21
Net Income	15.32	-11.46	-26.8	-5.52	-59.21
Net Income to Common	15.32	-11.46	-26.8	-5.52	-59.21
Shares Outstanding (Basic)	808	808	808	808	808
Shares Outstanding (Diluted)	808	808	808	808	808
EPS (Basic)	0.02	-0.01	-0.03	-0.01	-0.07
EPS (Diluted)	0.02	-0.01	-0.03	-0.01	-0.07
Free Cash Flow	6.68	15.61	0.2	-30.64	-20.46
Free Cash Flow Per Share	0.01	0.02	-	-0.04	-0.03
Gross Margin	13.79%	23.78%	24.20%	13.76%	9.25%
Operating Margin	2.48%	-5.19%	-6.88%	0.28%	-27.96%
Profit Margin	13.46%	-12.16%	-26.69%	-3.15%	-29.10%
Free Cash Flow Margin	5.87%	16.57%	0.19%	-17.51%	-10.05%
EBITDA	4.84	-1.9	-2.03	6.5	-45.99
EBITDA Margin	4.25%	-2.02%	-2.02%	3.71%	-22.60%
D&A For EBITDA	2.02	2.98	4.88	6.01	10.91
EBIT	2.82	-4.89	-6.91	0.49	-56.89
EBIT Margin	2.48%	-5.19%	-6.88%	0.28%	-27.96%

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