Hing Lee (HK) Holdings Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	76.76	113.87	94.21	100.39	175.01
Revenue Growth (YoY)	-32.59%	20.86%	-6.15%	-42.64%	-13.99%
Cost of Revenue	67.04	98.17	71.81	76.09	150.93
Gross Profit	9.72	15.7	22.41	24.3	24.08
Selling, General & Admin	10.08	13.46	27.62	31.68	24.23
Other Operating Expenses	-0.74	-0.58	-0.33	-0.48	-0.64
Operating Expenses	9.33	12.88	27.29	31.21	23.59
Operating Income	0.39	2.82	-4.89	-6.91	0.49
Interest Expense	-0.16	-2.17	-4.39	-5.28	-5.94
Interest & Investment Income	0.56	0.74	0.93	0.17	0.12
EBT Excluding Unusual Items	0.79	1.39	-8.35	-12.02	-5.33
Gain (Loss) on Sale of Assets	-	13.93	-0.71	0.06	-0.18
Asset Writedown	-	-	-2.4	-14.93	-
Other Unusual Items	-	-	-	0.1	-
Pretax Income	0.79	15.32	-11.46	-26.8	-5.51
Income Tax Expense	-	-	-	-	0.01
Earnings From Continuing Operations	0.79	15.32	-11.46	-26.8	-5.52
Net Income	0.79	15.32	-11.46	-26.8	-5.52
Net Income to Common	0.79	15.32	-11.46	-26.8	-5.52
Net Income Growth	-94.86%	-	-	-	-
Shares Outstanding (Basic)	808	808	808	808	808
Shares Outstanding (Diluted)	808	808	808	808	808
EPS (Basic)	0.00	0.02	-0.01	-0.03	-0.01
EPS (Diluted)	0.00	0.02	-0.01	-0.03	-0.01
EPS Growth	-94.87%	-	-	-	-
Free Cash Flow	19.8	6.68	15.61	0.2	-30.64
Free Cash Flow Per Share	0.03	0.01	0.02	-	-0.04
Dividend Per Share	0.025	-	-	-	-
Gross Margin	12.66%	13.79%	23.78%	24.20%	13.76%
Operating Margin	0.50%	2.48%	-5.19%	-6.88%	0.28%
Profit Margin	1.03%	13.46%	-12.16%	-26.69%	-3.15%
Free Cash Flow Margin	25.80%	5.87%	16.57%	0.19%	-17.51%
EBITDA	0.9	4.84	-1.9	-2.03	6.5
EBITDA Margin	1.17%	4.25%	-2.02%	-2.02%	3.71%
D&A For EBITDA	0.52	2.02	2.98	4.88	6.01
EBIT	0.39	2.82	-4.89	-6.91	0.49
EBIT Margin	0.50%	2.48%	-5.19%	-6.88%	0.28%