Sheng Yuan 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
Operating Revenue	111.28	26.29	7.59	48.66	43.31
Other Revenue	8.5	24.73	-7.5	-0.55	1.61
Revenue	119.79	51.02	0.1	48.11	44.92
Revenue Growth (YoY)	134.76%	53050.00%	-99.80%	7.10%	0.84%
Cost of Revenue	99.21	7.79	10.93	11.25	12.46
Gross Profit	20.57	43.23	-10.83	36.86	32.46
Selling, General & Admin	-	0.14	0.3	-	-
Other Operating Expenses	8.24	10.55	8.8	14.26	7.91
Operating Expenses	10.13	7.3	12.37	31.78	14
Operating Income	10.45	35.93	-23.2	5.09	18.46
Interest Expense	-0.11	-0.2	-3.83	-9.45	-7.96
Currency Exchange Gain (Loss)	-	0	-0.43	0.22	-0.14
EBT Excluding Unusual Items	10.34	35.73	-27.46	-4.14	10.36
Other Unusual Items	-	-	-	0.46	-
Pretax Income	10.34	35.73	-27.46	-3.68	10.36
Income Tax Expense	0.66	3.84	0.31	2.12	5.71
Earnings From Continuing Operations	9.68	31.89	-27.77	-5.8	4.65
Net Income	9.68	31.89	-27.77	-5.8	4.65
Net Income to Common	9.68	31.89	-27.77	-5.8	4.65
Net Income Growth	-69.64%	-	-	-	-61.27%
Shares Outstanding (Basic)	880	882	694	382	382
Shares Outstanding (Diluted)	880	882	694	382	382
Shares Change (YoY)	-0.20%	27.03%	81.77%	-	-
EPS (Basic)	0.01	0.04	-0.04	-0.02	0.01
EPS (Diluted)	0.01	0.04	-0.04	-0.02	0.01
EPS Growth	-69.57%	-	-	-	-60.73%
Free Cash Flow	-	36.63	-30.83	10.71	6.58
Free Cash Flow Per Share	-	0.04	-0.04	0.03	0.02
Gross Margin	17.18%	84.73%	-	76.62%	72.27%
Operating Margin	8.72%	70.41%	-24167.71%	10.57%	41.10%
Profit Margin	8.08%	62.49%	-28925.00%	-12.06%	10.35%
Free Cash Flow Margin	-	71.78%	-32116.67%	22.27%	14.66%
EBITDA	10.62	36.1	-22.62	5.78	19.17
EBITDA Margin	8.87%	70.76%	-	12.02%	42.67%
D&A For EBITDA	0.18	0.18	0.59	0.7	0.7
EBIT	10.45	35.93	-23.2	5.09	18.46
EBIT Margin	8.72%	70.41%	-	10.57%	41.10%
Effective Tax Rate	6.34%	10.75%	-	-	55.11%

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