Shoucheng 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	1,437	1,215	883.48	1,600	1,195
Revenue Growth (YoY)	18.24%	37.54%	-44.78%	33.87%	69.30%
Cost of Revenue	871.74	708.03	523.76	535.39	647.83
Gross Profit	565.08	507.09	359.72	1,064	547.2
Selling, General & Admin	341.91	303.28	299.98	378.57	343.15
Other Operating Expenses	0.44	-20.05	-1.22	1.86	-14.04
Operating Expenses	344.87	283.24	310.04	395.03	399.84
Operating Income	220.2	223.85	49.68	669.39	147.36
Interest Expense	-142.04	-116.29	-105.69	-102.36	-74.34
Interest & Investment Income	249.41	345.8	455.45	477.77	296.19
Earnings From Equity Investments	-8.09	-21.51	-62.88	-60.32	131.46
Currency Exchange Gain (Loss)	-25.81	-18.12	-10.13	-24.27	38.73
Other Non Operating Income (Expenses)	-81.72	-	-	-	-
EBT Excluding Unusual Items	211.96	413.74	326.42	960.22	539.4
Gain (Loss) on Sale of Investments	145.66	26.6	23.5	8.42	-1,588
Gain (Loss) on Sale of Assets	-	-	-	16.7	-
Asset Writedown	32.43	33.76	116.53	198.1	59.52
Pretax Income	390.05	474.1	466.45	1,183	-989.11
Income Tax Expense	96.92	85.58	6.91	269.09	124.41
Earnings From Continuing Operations	293.12	388.52	459.55	914.35	-1,114
Net Income to Company	293.12	388.52	459.55	914.35	-1,114
Minority Interest in Earnings	17.05	21.68	-55.98	7.66	18.2
Net Income	310.17	410.2	403.57	922.01	-1,095
Net Income to Common	310.17	410.2	403.57	922.01	-1,095
Net Income Growth	-24.39%	1.64%	-56.23%	-	-
Shares Outstanding (Basic)	7,575	7,123	7,244	7,109	7,213
Shares Outstanding (Diluted)	7,575	7,123	7,247	7,109	7,213
Shares Change (YoY)	6.34%	-1.70%	1.94%	-1.44%	4.46%
EPS (Basic)	0.04	0.06	0.06	0.13	-0.15
EPS (Diluted)	0.04	0.06	0.06	0.13	-0.15
EPS Growth	-28.97%	3.38%	-57.05%	-	-
Free Cash Flow	566.65	173.74	87.51	50.9	-785.63
Free Cash Flow Per Share	0.07	0.02	0.01	0.01	-0.11
Dividend Per Share	0.037	0.045	0.055	0.095	0.096
Dividend Growth	-17.33%	-17.88%	-42.44%	-0.83%	-1.64%
Gross Margin	39.33%	41.73%	40.72%	66.53%	45.79%
Operating Margin	15.33%	18.42%	5.62%	41.84%	12.33%
Profit Margin	21.59%	33.76%	45.68%	57.63%	-91.66%
Free Cash Flow Margin	39.44%	14.30%	9.90%	3.18%	-65.74%
EBITDA	276.1	273.9	85.09	711.24	189.31
EBITDA Margin	19.22%	22.54%	9.63%	44.46%	15.84%
D&A For EBITDA	55.9	50.05	35.41	41.85	41.95
EBIT	220.2	223.85	49.68	669.39	147.36
EBIT Margin	15.33%	18.42%	5.62%	41.84%	12.33%
Effective Tax Rate	24.85%	18.05%	1.48%	22.74%	-

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