SH Group (Holdings) Limited (HKG:1637)

SH Group (Holdings) Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	443.04	608.49	876.18	954.26	753.33	707.59
Revenue Growth (YoY)	-40.54%	-30.55%	-8.18%	26.67%	6.46%	24.48%
Cost of Revenue	406.07	575.52	859.89	945.6	707.73	646.19
Gross Profit	36.97	32.97	16.29	8.66	45.6	61.4
Selling, General & Admin	25.88	26.38	27.13	27.54	23.96	23.06
Operating Expenses	31.72	32.21	30.35	29.3	25.3	20.32
Operating Income	5.26	0.76	-14.06	-20.65	20.3	41.07
Interest Expense	-0.29	-1.2	-2.22	-0.05	-0.09	-0.35
Interest & Investment Income	2.63	2.56	2.62	1.24	2.72	1.6
Other Non Operating Income (Expenses)	0.44	0.71	0.85	7.64	0.17	8.64
EBT Excluding Unusual Items	8.04	2.84	-12.81	-11.82	23.1	50.97
Gain (Loss) on Sale of Investments	3.89	3.36	-4.54	-4.22	-7.47	0.21
Other Unusual Items	-	-	-	2.02	-	-
Pretax Income	11.93	6.2	-17.34	-14.01	15.62	51.18
Income Tax Expense	1.72	0.81	-2.13	-3.01	3.89	7.04
Net Income	10.21	5.39	-15.21	-11	11.73	44.13
Net Income to Common	10.21	5.39	-15.21	-11	11.73	44.13
Net Income Growth	-	-	-	-	-73.41%	69.57%
Shares Outstanding (Basic)	400	400	400	400	400	400
Shares Outstanding (Diluted)	400	400	400	400	400	400
EPS (Basic)	0.03	0.01	-0.04	-0.03	0.03	0.11
EPS (Diluted)	0.03	0.01	-0.04	-0.03	0.03	0.11
EPS Growth	-	-	-	-	-73.33%	69.23%
Free Cash Flow	78.45	88.51	-119.71	-118.04	46.06	138.6
Free Cash Flow Per Share	0.20	0.22	-0.30	-0.29	0.12	0.35
Dividend Per Share	-	-	-	0.010	0.010	0.039
Dividend Growth	-	-	-	-	-74.36%	129.41%
Gross Margin	8.34%	5.42%	1.86%	0.91%	6.05%	8.68%
Operating Margin	1.19%	0.13%	-1.60%	-2.16%	2.69%	5.80%
Profit Margin	2.31%	0.89%	-1.74%	-1.15%	1.56%	6.24%
Free Cash Flow Margin	17.71%	14.55%	-13.66%	-12.37%	6.12%	19.59%
EBITDA	6.34	1.94	-12.77	-19.25	21.7	42.58
EBITDA Margin	1.43%	0.32%	-1.46%	-2.02%	2.88%	6.02%
D&A For EBITDA	1.09	1.18	1.29	1.4	1.4	1.51
EBIT	5.26	0.76	-14.06	-20.65	20.3	41.07
EBIT Margin	1.19%	0.13%	-1.60%	-2.16%	2.69%	5.80%
Effective Tax Rate	14.41%	13.04%	-	-	24.89%	13.76%

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