SMC Electric 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	217.82	257.28	232.92	254.49	230.44
Revenue Growth (YoY)	-15.34%	10.46%	-8.48%	10.44%	-7.60%
Cost of Revenue	166.45	186.2	169.23	184.53	168.55
Gross Profit	51.38	71.08	63.69	69.96	61.89
Selling, General & Admin	47.96	46.96	46.57	44.51	30.73
Other Operating Expenses	0.53	-	-	-	-
Operating Expenses	48.48	46.83	46.5	44.61	30.52
Operating Income	2.9	24.25	17.19	25.35	31.37
Interest Expense	-0.31	-0.12	-0.17	-0.03	-0.1
Interest & Investment Income	-	2.91	2.41	0.59	0.1
Currency Exchange Gain (Loss)	-	-0.03	0.35	-0.26	0.2
Other Non Operating Income (Expenses)	8.66	4.07	4.79	3.54	2.48
EBT Excluding Unusual Items	11.24	31.08	24.58	29.18	34.06
Gain (Loss) on Sale of Assets	-	-	-0.07	-	-
Asset Writedown	-	-	-0.03	-	-
Pretax Income	11.24	31.08	24.48	29.18	34.06
Income Tax Expense	1.77	4.72	3.71	6.81	5.74
Net Income	9.48	26.36	20.77	22.37	28.32
Net Income to Common	9.48	26.36	20.77	22.37	28.32
Net Income Growth	-64.04%	26.90%	-7.14%	-21.01%	-22.10%
Shares Outstanding (Basic)	2,000	2,000	2,000	2,000	2,000
Shares Outstanding (Diluted)	2,000	2,000	2,000	2,000	2,000
Shares Change (YoY)	-0.02%	-	-	-	6.10%
EPS (Basic)	0.00	0.01	0.01	0.01	0.01
EPS (Diluted)	0.00	0.01	0.01	0.01	0.01
EPS Growth	-64.04%	26.90%	-7.14%	-21.00%	-26.58%
Free Cash Flow	-	29.53	26.06	48.05	24.67
Free Cash Flow Per Share	-	0.01	0.01	0.02	0.01
Dividend Per Share	-	0.010	0.010	0.030	0.003
Dividend Growth	-	-	-66.67%	900.00%	-25.00%
Gross Margin	23.59%	27.63%	27.35%	27.49%	26.86%
Operating Margin	1.33%	9.42%	7.38%	9.96%	13.61%
Profit Margin	4.35%	10.25%	8.92%	8.79%	12.29%
Free Cash Flow Margin	-	11.48%	11.19%	18.88%	10.71%
EBITDA	5.03	26.38	19.24	27.4	32.77
EBITDA Margin	2.31%	10.25%	8.26%	10.76%	14.22%
D&A For EBITDA	2.13	2.13	2.05	2.05	1.4
EBIT	2.9	24.25	17.19	25.35	31.37
EBIT Margin	1.33%	9.42%	7.38%	9.96%	13.61%
Effective Tax Rate	15.71%	15.18%	15.14%	23.35%	16.86%

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