Hop Fung Group Holdings Limited (HKG:2320)

Hop Fung Group Holdings Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	211.52	224.36	424.41	755.6	1,040
Revenue Growth (YoY)	-5.72%	-47.14%	-43.83%	-27.37%	-12.87%
Cost of Revenue	193.76	210.43	410.06	706.48	912.5
Gross Profit	17.77	13.93	14.35	49.12	127.87
Selling, General & Admin	51.56	59.49	109.22	108.71	118.24
Other Operating Expenses	55.78	62.42	89.99	22.88	21.42
Operating Expenses	107.31	122.09	199.06	129.77	139.66
Operating Income	-89.54	-108.16	-184.71	-80.65	-11.79
Interest Expense	-3.63	-3.56	-6.19	-8.44	-8.81
Interest & Investment Income	0.32	0.64	2.14	2.93	2.08
Currency Exchange Gain (Loss)	-0.09	-0.21	-4.57	6.35	4.05
Other Non Operating Income (Expenses)	8.76	27.02	8.76	14.96	20.13
EBT Excluding Unusual Items	-84.19	-84.26	-184.57	-64.85	5.66
Gain (Loss) on Sale of Assets	0.31	-0.51	0.28	6.45	0
Asset Writedown	-10.04	-15.68	-6.95	-420.63	-
Other Unusual Items	0.01	-	-	-	0.84
Pretax Income	-93.91	-100.46	-191.24	-479.04	6.5
Income Tax Expense	1.32	0.34	1.49	-56.25	5.14
Net Income	-95.23	-100.8	-192.73	-422.79	1.36
Net Income to Common	-95.23	-100.8	-192.73	-422.79	1.36
Shares Outstanding (Basic)	818	818	818	818	818
Shares Outstanding (Diluted)	818	818	818	818	818
Shares Change (YoY)	-	-	-	-	0.88%
EPS (Basic)	-0.12	-0.12	-0.24	-0.52	0.00
EPS (Diluted)	-0.12	-0.12	-0.24	-0.52	0.00
Free Cash Flow	-29.5	-40.87	-3.64	28.56	-28.06
Free Cash Flow Per Share	-0.04	-0.05	-0.00	0.04	-0.03
Gross Margin	8.40%	6.21%	3.38%	6.50%	12.29%
Operating Margin	-42.33%	-48.21%	-43.52%	-10.67%	-1.13%
Profit Margin	-45.02%	-44.93%	-45.41%	-55.95%	0.13%
Free Cash Flow Margin	-13.94%	-18.22%	-0.86%	3.78%	-2.70%
EBITDA	-38.37	-53.84	-123.55	5.39	71.34
EBITDA Margin	-18.14%	-24.00%	-29.11%	0.71%	6.86%
D&A For EBITDA	51.18	54.32	61.16	86.04	83.13
EBIT	-89.54	-108.16	-184.71	-80.65	-11.79
EBIT Margin	-42.33%	-48.21%	-43.52%	-10.67%	-1.13%
Effective Tax Rate	-	-	-	-	79.04%

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.