TCL Electronics Holdings Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	123,569	114,583	99,322	78,986	71,351	74,847
Revenue Growth	13.78%	15.37%	25.75%	10.70%	-4.67%	46.89%
Cost of Revenue	103,131	96,683	83,768	65,312	58,240	62,313
Gross Profit	20,438	17,900	15,554	13,674	13,112	12,534
Selling, General & Admin	13,814	12,673	11,649	10,831	11,830	11,266
Research & Development	2,786	2,532	2,335	2,327	2,531	2,481
Other Operating Expenses	274.42	121.85	116.81	166.3	74.1	50.56
Operating Expenses	16,918	15,373	14,134	13,448	14,519	13,829
Operating Income	3,520	2,527	1,420	226.26	-1,407	-1,294
Interest Expense	-759.91	-790.45	-786.91	-885.5	-668.67	-400.86
Interest & Investment Income	432.25	432.25	773.44	794.17	631	404.48
Earnings From Equity Investments	154.32	155.87	113.88	90.49	89.84	145.44
Currency Exchange Gain (Loss)	127.73	127.73	-	202.48	1,345	-
Other Non Operating Income (Expenses)	498.15	695.55	965.89	681.18	1,143	1,703
EBT Excluding Unusual Items	3,973	3,148	2,486	1,109	1,133	557.9
Impairment of Goodwill	-	-	-127.91	-	-	-12.05
Gain (Loss) on Sale of Investments	104.57	104.57	126.34	54.94	-300.83	889.97
Gain (Loss) on Sale of Assets	53.43	53.43	50.41	7.63	3.44	11.95
Asset Writedown	-1.98	-1.98	-32.26	-23.47	-	-
Other Unusual Items	-	-	12.12	-	-	-
Pretax Income	4,129	3,304	2,515	1,148	835.53	1,448
Income Tax Expense	1,031	777.32	666.01	321.38	281.69	168.48
Earnings From Continuing Operations	3,097	2,527	1,849	826.81	553.83	1,279
Net Income to Company	3,097	2,527	1,849	826.81	553.83	1,279
Minority Interest in Earnings	-163.91	-31.85	-89.15	-83.18	-106.86	-95.29
Net Income	2,934	2,495	1,759	743.63	446.98	1,184
Net Income to Common	2,934	2,495	1,759	743.63	446.98	1,184
Net Income Growth	33.35%	41.82%	136.59%	66.37%	-62.25%	-67.11%
Shares Outstanding (Basic)	2,414	2,413	2,431	2,426	2,412	2,404
Shares Outstanding (Diluted)	2,541	2,540	2,523	2,478	2,502	2,493
Shares Change	0.77%	0.65%	1.83%	-0.95%	0.36%	5.44%
EPS (Basic)	1.22	1.03	0.72	0.31	0.19	0.49
EPS (Diluted)	1.15	0.98	0.70	0.30	0.18	0.47
EPS Growth	32.35%	40.91%	132.32%	67.94%	-62.38%	-68.80%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	4,420	2,105	1,394	917.9	106.79
Free Cash Flow Per Share	-	1.74	0.83	0.56	0.37	0.04
Dividend Per Share	0.498	0.498	0.318	0.160	0.127	0.167
Dividend Growth	56.60%	56.60%	98.75%	25.98%	-23.95%	-21.23%
Gross Margin	16.54%	15.62%	15.66%	17.31%	18.38%	16.75%
Operating Margin	2.85%	2.21%	1.43%	0.29%	-1.97%	-1.73%
Profit Margin	2.37%	2.18%	1.77%	0.94%	0.63%	1.58%
Free Cash Flow Margin	-	3.86%	2.12%	1.76%	1.29%	0.14%
EBITDA	4,573	3,553	2,336	761.89	-863.92	-815.42
EBITDA Margin	3.70%	3.10%	2.35%	0.97%	-1.21%	-1.09%
D&A For EBITDA	1,053	1,026	916.12	535.63	543.35	478.91
EBIT	3,520	2,527	1,420	226.26	-1,407	-1,294
EBIT Margin	2.85%	2.21%	1.43%	0.29%	-1.97%	-1.73%
Effective Tax Rate	24.98%	23.52%	26.49%	27.99%	33.71%	11.64%