Shenzhen Investment 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	40,364	15,567	15,832	31,540	32,050
Revenue Growth (YoY)	159.28%	-1.67%	-49.80%	-1.59%	70.45%
Cost of Revenue	33,807	11,128	10,721	20,848	19,625
Gross Profit	6,556	4,439	5,111	10,693	12,426
Selling, General & Admin	2,018	1,613	2,031	2,307	1,951
Other Operating Expenses	2,653	257.77	284.4	260.72	138.71
Operating Expenses	4,671	1,875	2,334	2,623	2,095
Operating Income	1,885	2,564	2,777	8,069	10,331
Interest Expense	-1,427	-1,381	-1,245	-971.69	-737.39
Interest & Investment Income	294.65	523.27	459.61	380.16	351.9
Earnings From Equity Investments	-1,775	-1,135	-682.7	391.44	843.45
Currency Exchange Gain (Loss)	-	-	-	225	-
Other Non Operating Income (Expenses)	-	-4.91	-8.86	-21.14	-39.76
EBT Excluding Unusual Items	-1,023	565.26	1,300	8,073	10,749
Impairment of Goodwill	-	-	-	-	-365.46
Gain (Loss) on Sale of Investments	-381.08	-1,160	-75.03	-355.85	-6,374
Gain (Loss) on Sale of Assets	-	0.18	-3.92	1.81	44.26
Asset Writedown	-438.13	-227.88	554.65	-351.89	-405.65
Pretax Income	-1,842	-822.19	1,776	7,367	3,648
Income Tax Expense	1,554	715.17	1,583	4,912	5,748
Earnings From Continuing Operations	-3,396	-1,537	193.4	2,455	-2,100
Minority Interest in Earnings	-970.2	-285.22	-454.79	-369.93	-621.63
Net Income	-4,366	-1,823	-261.4	2,085	-2,722
Net Income to Common	-4,366	-1,823	-261.4	2,085	-2,722
Shares Outstanding (Basic)	8,899	8,899	8,899	8,899	8,900
Shares Outstanding (Diluted)	8,899	8,899	8,899	8,899	8,900
Shares Change (YoY)	-	-	-0.00%	-0.01%	0.47%
EPS (Basic)	-0.49	-0.20	-0.03	0.23	-0.31
EPS (Diluted)	-0.49	-0.20	-0.03	0.23	-0.31
Free Cash Flow	-	-2,763	3,954	-14,261	-7,015
Free Cash Flow Per Share	-	-0.31	0.44	-1.60	-0.79
Dividend Per Share	-	-	0.090	0.150	0.150
Dividend Growth	-	-	-40.00%	-	-16.67%
Gross Margin	16.24%	28.52%	32.28%	33.90%	38.77%
Operating Margin	4.67%	16.47%	17.54%	25.58%	32.23%
Profit Margin	-10.82%	-11.71%	-1.65%	6.61%	-8.49%
Free Cash Flow Margin	-	-17.75%	24.97%	-45.21%	-21.89%
EBITDA	2,128	2,807	3,010	8,353	10,650
EBITDA Margin	5.27%	18.03%	19.01%	26.48%	33.23%
D&A For EBITDA	242.88	242.88	232.49	284.24	319.02
EBIT	1,885	2,564	2,777	8,069	10,331
EBIT Margin	4.67%	16.47%	17.54%	25.58%	32.23%
Effective Tax Rate	-	-	89.11%	66.67%	157.57%
Advertising Expenses	181.02	110.64	161.28	131.73	82.31

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