Hingtex 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
Revenue	221.16	214.67	162.88	245.18	363
Revenue Growth (YoY)	3.02%	31.79%	-33.56%	-32.46%	42.11%
Cost of Revenue	185.46	181.25	141.19	226.29	297.64
Gross Profit	35.69	33.42	21.7	18.89	65.36
Selling, General & Admin	58.44	59.43	59.31	65.54	75.61
Research & Development	7.31	7.52	8.07	9.26	10.59
Other Operating Expenses	-	-	-	-1.09	-
Operating Expenses	65.77	66.95	67.38	73.18	86.29
Operating Income	-30.08	-33.53	-45.69	-54.29	-20.93
Interest Expense	-1.89	-2.25	-1.99	-1.38	-1.38
Interest & Investment Income	0.69	1.59	2.44	0.62	0.32
Earnings From Equity Investments	-0.02	-0.06	-0.03	-1.87	0.17
Currency Exchange Gain (Loss)	1.59	-0.82	-0.22	-2.25	2.22
Other Non Operating Income (Expenses)	1.45	1.33	1.41	1.09	7.63
EBT Excluding Unusual Items	-28.27	-33.74	-44.07	-58.09	-11.99
Gain (Loss) on Sale of Investments	-2.54	-2.61	0.72	-	-
Gain (Loss) on Sale of Assets	0.82	-0	0.09	1.29	-0.02
Other Unusual Items	-	-	-	1.72	-
Pretax Income	-29.99	-36.35	-43.27	-55.07	-12.01
Income Tax Expense	1.31	-1.4	-5.47	-5.11	-0.1
Net Income	-31.3	-34.95	-37.8	-49.96	-11.91
Net Income to Common	-31.3	-34.95	-37.8	-49.96	-11.91
Shares Outstanding (Basic)	640	640	640	640	640
Shares Outstanding (Diluted)	640	640	640	640	640
EPS (Basic)	-0.05	-0.05	-0.06	-0.08	-0.02
EPS (Diluted)	-0.05	-0.05	-0.06	-0.08	-0.02
Free Cash Flow	-	-10.65	-17.95	5.09	-14.07
Free Cash Flow Per Share	-	-0.02	-0.03	0.01	-0.02
Gross Margin	16.14%	15.57%	13.32%	7.70%	18.01%
Operating Margin	-13.60%	-15.62%	-28.05%	-22.14%	-5.77%
Profit Margin	-14.15%	-16.28%	-23.21%	-20.38%	-3.28%
Free Cash Flow Margin	-	-4.96%	-11.02%	2.07%	-3.88%
EBITDA	-28.21	-31.66	-35.7	-42.82	-9.67
EBITDA Margin	-12.76%	-14.75%	-21.92%	-17.46%	-2.66%
D&A For EBITDA	1.87	1.87	9.98	11.48	11.27
EBIT	-30.08	-33.53	-45.69	-54.29	-20.93
EBIT Margin	-13.60%	-15.62%	-28.05%	-22.14%	-5.77%

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