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

Hing Lee (HK) Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	102.79	113.87	94.21	100.39	175.01	203.47
Revenue Growth (YoY)	-13.44%	20.86%	-6.15%	-42.64%	-13.99%	-32.21%
Cost of Revenue	90.84	98.17	71.81	76.09	150.93	184.65
Gross Profit	11.95	15.7	22.41	24.3	24.08	18.82
Selling, General & Admin	9.92	13.46	27.62	31.68	24.23	77.67
Other Operating Expenses	-0.73	-0.58	-0.33	-0.48	-0.64	-1.96
Operating Expenses	9.19	12.88	27.29	31.21	23.59	75.71
Operating Income	2.76	2.82	-4.89	-6.91	0.49	-56.89
Interest Expense	-0.61	-2.17	-4.39	-5.28	-5.94	-2.68
Interest & Investment Income	0.74	0.74	0.93	0.17	0.12	0.29
EBT Excluding Unusual Items	2.89	1.39	-8.35	-12.02	-5.33	-59.28
Gain (Loss) on Sale of Assets	13.93	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	16.82	15.32	-11.46	-26.8	-5.51	-59.24
Income Tax Expense	-0.04	-	-	-	0.01	-0.04
Earnings From Continuing Operations	16.86	15.32	-11.46	-26.8	-5.52	-59.21
Net Income	16.86	15.32	-11.46	-26.8	-5.52	-59.21
Net Income to Common	16.86	15.32	-11.46	-26.8	-5.52	-59.21
Shares Outstanding (Basic)	808	808	808	808	808	808
Shares Outstanding (Diluted)	808	808	808	808	808	808
EPS (Basic)	0.02	0.02	-0.01	-0.03	-0.01	-0.07
EPS (Diluted)	0.02	0.02	-0.01	-0.03	-0.01	-0.07
Free Cash Flow	7.14	6.68	15.61	0.2	-30.64	-20.46
Free Cash Flow Per Share	0.01	0.01	0.02	-	-0.04	-0.03
Dividend Per Share	0.010	-	-	-	-	-
Gross Margin	11.62%	13.79%	23.78%	24.20%	13.76%	9.25%
Operating Margin	2.68%	2.48%	-5.19%	-6.88%	0.28%	-27.96%
Profit Margin	16.41%	13.46%	-12.16%	-26.69%	-3.15%	-29.10%
Free Cash Flow Margin	6.95%	5.87%	16.57%	0.19%	-17.51%	-10.05%
EBITDA	4.78	4.84	-1.9	-2.03	6.5	-45.99
EBITDA Margin	4.65%	4.25%	-2.02%	-2.02%	3.71%	-22.60%
D&A For EBITDA	2.02	2.02	2.98	4.88	6.01	10.91
EBIT	2.76	2.82	-4.89	-6.91	0.49	-56.89
EBIT Margin	2.68%	2.48%	-5.19%	-6.88%	0.28%	-27.96%

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