Sheng Yuan Holdings Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	23.98	26.29	7.59	48.66	43.31	44.55
Other Revenue	8.46	24.73	-7.5	-0.55	1.61	-0
Revenue	32.44	51.02	0.1	48.11	44.92	44.55
Revenue Growth (YoY)	6.63%	53050.00%	-99.80%	7.10%	0.84%	1049.28%
Cost of Revenue	7.36	7.79	10.93	11.25	12.46	12.33
Gross Profit	25.08	43.23	-10.83	36.86	32.46	32.22
Selling, General & Admin	0.14	0.14	0.3	-	-	0.22
Other Operating Expenses	10.43	10.55	8.8	14.26	7.91	7.8
Operating Expenses	12.48	7.3	12.37	31.78	14	11.54
Operating Income	12.6	35.93	-23.2	5.09	18.46	20.68
Interest Expense	-0.16	-0.2	-3.83	-9.45	-7.96	-6.89
Currency Exchange Gain (Loss)	-0.11	0	-0.43	0.22	-0.14	0
EBT Excluding Unusual Items	12.33	35.73	-27.46	-4.14	10.36	13.79
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.05
Asset Writedown	-	-	-	-	-	-0.16
Other Unusual Items	-	-	-	0.46	-	0.79
Pretax Income	12.33	35.73	-27.46	-3.68	10.36	14.47
Income Tax Expense	4.91	3.84	0.31	2.12	5.71	2.47
Earnings From Continuing Operations	7.42	31.89	-27.77	-5.8	4.65	12.01
Net Income	7.42	31.89	-27.77	-5.8	4.65	12.01
Net Income to Common	7.42	31.89	-27.77	-5.8	4.65	12.01
Net Income Growth	-62.40%	-	-	-	-61.27%	-
Shares Outstanding (Basic)	882	882	694	382	382	382
Shares Outstanding (Diluted)	882	882	694	382	382	382
Shares Change (YoY)	-0.18%	27.03%	81.77%	-	-	-
EPS (Basic)	0.01	0.04	-0.04	-0.02	0.01	0.03
EPS (Diluted)	0.01	0.04	-0.04	-0.02	0.01	0.03
EPS Growth	-62.35%	-	-	-	-60.73%	-
Free Cash Flow	-1.23	36.63	-30.83	10.71	6.58	7.74
Free Cash Flow Per Share	-0.00	0.04	-0.04	0.03	0.02	0.02
Gross Margin	77.31%	84.73%	-	76.62%	72.27%	72.32%
Operating Margin	38.85%	70.41%	-24167.71%	10.57%	41.10%	46.43%
Profit Margin	22.86%	62.49%	-28925.00%	-12.06%	10.35%	26.95%
Free Cash Flow Margin	-3.79%	71.78%	-32116.67%	22.27%	14.66%	17.37%
EBITDA	12.73	36.1	-22.62	5.78	19.17	21.45
EBITDA Margin	39.23%	70.76%	-	12.02%	42.67%	48.16%
D&A For EBITDA	0.13	0.18	0.59	0.7	0.7	0.77
EBIT	12.6	35.93	-23.2	5.09	18.46	20.68
EBIT Margin	38.85%	70.41%	-	10.57%	41.10%	46.43%
Effective Tax Rate	39.85%	10.75%	-	-	55.11%	17.05%

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