Man Shun Group (Holdings) Limited (HKG:1746)

Man Shun Group (Holdings) Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	105.89	131.26	152.95	125.09	121.67	127.59
Revenue Growth (YoY)	-30.56%	-14.18%	22.27%	2.81%	-4.64%	11.44%
Cost of Revenue	89.44	117.87	133.74	106.38	100.71	117.32
Gross Profit	16.45	13.38	19.21	18.71	20.96	10.27
Selling, General & Admin	28.66	28.29	28.47	24.69	25.1	25.6
Operating Expenses	28.66	28.29	28.47	24.69	25.1	25.6
Operating Income	-12.21	-14.9	-9.26	-5.99	-4.14	-15.34
Interest Expense	-0.08	-0.09	-0.07	-0.06	-0.08	-0.1
Interest & Investment Income	1.59	2.44	2.82	0.65	0.15	0.93
Other Non Operating Income (Expenses)	4.22	5.44	7.21	2.63	1.72	2.04
EBT Excluding Unusual Items	-6.48	-7.11	0.7	-2.76	-2.35	-12.47
Gain (Loss) on Sale of Assets	-	0.17	-	-	0.01	0.05
Other Unusual Items	-	0	0	3.01	0.12	3.82
Pretax Income	-6.48	-6.93	0.7	0.25	-2.23	-8.6
Income Tax Expense	-0.01	-0.07	0.02	0.01	-	-0.14
Net Income	-6.47	-6.86	0.68	0.24	-2.23	-8.46
Net Income to Common	-6.47	-6.86	0.68	0.24	-2.23	-8.46
Net Income Growth	-	-	185.71%	-	-	-
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	-0.01	-0.01	0.00	0.00	-0.00	-0.01
EPS (Diluted)	-0.01	-0.01	0.00	0.00	-0.00	-0.01
EPS Growth	-	-	240.00%	-	-	-
Free Cash Flow	21.11	-0.39	18.97	-20.29	-5.07	-2.08
Free Cash Flow Per Share	0.02	-	0.02	-0.02	-0.01	-0.00
Gross Margin	15.54%	10.20%	12.56%	14.95%	17.23%	8.05%
Operating Margin	-11.53%	-11.36%	-6.05%	-4.78%	-3.40%	-12.02%
Profit Margin	-6.11%	-5.23%	0.45%	0.19%	-1.83%	-6.63%
Free Cash Flow Margin	19.94%	-0.29%	12.40%	-16.22%	-4.17%	-1.63%
EBITDA	-11.87	-14.54	-8.58	-5.69	-3.92	-15.02
EBITDA Margin	-11.21%	-11.07%	-5.61%	-4.54%	-3.22%	-11.77%
D&A For EBITDA	0.33	0.37	0.68	0.3	0.22	0.32
EBIT	-12.21	-14.9	-9.26	-5.99	-4.14	-15.34
EBIT Margin	-11.53%	-11.36%	-6.05%	-4.78%	-3.40%	-12.02%
Effective Tax Rate	-	-	3.27%	5.56%	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.