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

Man Shun Group (Holdings) Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	97.62	131.26	152.95	125.09	121.67
Revenue Growth (YoY)	-25.63%	-14.18%	22.27%	2.81%	-4.64%
Cost of Revenue	80.35	117.87	133.74	106.38	100.71
Gross Profit	17.26	13.38	19.21	18.71	20.96
Selling, General & Admin	24.14	28.29	28.47	24.69	25.1
Operating Expenses	24.14	28.29	28.47	24.69	25.1
Operating Income	-6.88	-14.9	-9.26	-5.99	-4.14
Interest Expense	-0.06	-0.09	-0.07	-0.06	-0.08
Interest & Investment Income	1.24	2.44	2.82	0.65	0.15
Other Non Operating Income (Expenses)	3.17	5.44	7.21	2.63	1.72
EBT Excluding Unusual Items	-2.53	-7.11	0.7	-2.76	-2.35
Gain (Loss) on Sale of Assets	-	0.17	-	-	0.01
Other Unusual Items	-	0	0	3.01	0.12
Pretax Income	-2.53	-6.93	0.7	0.25	-2.23
Income Tax Expense	-0.01	-0.07	0.02	0.01	-
Net Income	-2.51	-6.86	0.68	0.24	-2.23
Net Income to Common	-2.51	-6.86	0.68	0.24	-2.23
Net Income Growth	-	-	185.71%	-	-
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	-0.00	-0.01	0.00	0.00	-0.00
EPS (Diluted)	-0.00	-0.01	0.00	0.00	-0.00
EPS Growth	-	-	240.00%	-	-
Free Cash Flow	20.25	-0.39	18.97	-20.29	-5.07
Free Cash Flow Per Share	0.02	-	0.02	-0.02	-0.01
Gross Margin	17.68%	10.20%	12.56%	14.95%	17.23%
Operating Margin	-7.05%	-11.36%	-6.05%	-4.78%	-3.40%
Profit Margin	-2.57%	-5.23%	0.45%	0.19%	-1.83%
Free Cash Flow Margin	20.75%	-0.29%	12.40%	-16.22%	-4.17%
EBITDA	-6.54	-14.54	-8.58	-5.69	-3.92
EBITDA Margin	-6.70%	-11.07%	-5.61%	-4.54%	-3.22%
D&A For EBITDA	0.34	0.37	0.68	0.3	0.22
EBIT	-6.88	-14.9	-9.26	-5.99	-4.14
EBIT Margin	-7.05%	-11.36%	-6.05%	-4.78%	-3.40%
Effective Tax Rate	-	-	3.27%	5.56%	-

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