M&L Holdings Group Limited (HKG:8152)

Hong Kong · Delayed Price · Currency is HKD

0.0860

+0.0050 (6.17%)

Jul 27, 2026, 3:01 PM HKT

M&L Holdings Group Financials Overview

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

Millions HKD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	82.34	82.34	67.71	153.75	87.05	85.99
Revenue Growth	43.91%	21.61%	-55.96%	76.63%	1.23%	21.21%
Gross Profit	35.25	35.25	23.47	55.46	29.26	21.08
Operating Income	1.39	1.39	-5.97	13.97	-1.92	-8.76
Net Income	9.43	9.43	-12.83	6.89	-8.45	-9.06
Earnings Per Share	0.02	0.02	-0.02	0.01	-0.01	-0.02
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Tunnelling	79.02	79.02	63.46	149.91	80.34	68.7
Foundation	3.32	3.32	4.25	3.84	6.7	17.29
Total	82.34	82.34	67.71	153.75	87.05	85.99

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Cash & Investments	17.12	17.12	23.39	28.3	28.24	25.97
Total Debt	13.03	13.03	25.03	33.18	39.22	42.48
Net Cash (Debt)	4.09	4.09	-1.64	-4.87	-10.99	-16.51
Net Cash Growth	-71.22%	-	-	-	-	-
Net Cash Per Share	0.01	0.01	-0.00	-0.01	-0.02	-0.03

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Operating Cash Flow	-3.23	-3.23	6.16	8.41	7.88	-0.04
Capital Expenditures	-15.08	-15.08	-0.57	-0.68	-0.37	-0.59
Free Cash Flow	-18.31	-18.31	5.6	7.73	7.51	-0.62
Free Cash Flow Growth	-	-	-27.63%	3.01%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Gross Margin	42.80%	42.80%	34.66%	36.07%	33.61%	24.51%
Operating Margin	1.69%	1.69%	-8.82%	9.09%	-2.21%	-10.19%
Pretax Margin	12.07%	12.07%	-19.73%	6.14%	-10.00%	-10.73%
Profit Margin	11.45%	11.45%	-18.94%	4.48%	-9.71%	-10.54%
FCF Margin	-22.23%	-22.23%	8.26%	5.03%	8.62%	-0.72%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	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
PE Ratio	5.47	4.58	-	6.10	-	-
P/FCF Ratio	-	-	8.04	5.43	4.88	-
PS Ratio	0.63	0.53	0.67	0.27	0.42	0.54