Hong Wei (Asia) Holdings Company Limited (HKG:8191)

HKG:8191 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	314.38	481.81	402.25	404.29	330.16
Revenue Growth (YoY)	-34.75%	19.78%	-0.50%	22.45%	-16.77%
Cost of Revenue	280.44	397.85	325.94	328.09	274.89
Gross Profit	33.93	83.97	76.31	76.2	55.27
Selling, General & Admin	65.22	71.31	55.35	62.97	47.32
Operating Expenses	83.88	80.74	52.27	63.06	51.73
Operating Income	-49.95	3.23	24.04	13.14	3.54
Interest Expense	-23.96	-25.22	-24.19	-29.16	-26.19
Interest & Investment Income	0.03	0.05	0.02	0.02	0.8
Currency Exchange Gain (Loss)	-	0.11	-	-	-
Other Non Operating Income (Expenses)	23.39	14.28	5.74	14.89	11.91
EBT Excluding Unusual Items	-50.48	-7.55	5.62	-1.11	-9.95
Gain (Loss) on Sale of Assets	-	1.74	-3.66	1.07	-
Asset Writedown	-2.3	1.34	9.58	-30.35	-62.73
Pretax Income	-52.78	-4.48	11.54	-30.4	-72.67
Income Tax Expense	-6.51	-5.93	3.19	4.38	-2.46
Net Income	-46.28	1.45	8.35	-34.78	-70.21
Net Income to Common	-46.28	1.45	8.35	-34.78	-70.21
Net Income Growth	-	-82.59%	-	-	-
Shares Outstanding (Basic)	53	53	52	43	42
Shares Outstanding (Diluted)	53	53	52	43	42
Shares Change (YoY)	-	0.88%	20.88%	3.73%	-
EPS (Basic)	-0.88	0.03	0.16	-0.81	-1.69
EPS (Diluted)	-0.88	0.03	0.16	-0.81	-1.69
EPS Growth	-	-82.74%	-	-	-
Free Cash Flow	-17.02	-49.3	31.52	-29.96	0.89
Free Cash Flow Per Share	-0.32	-0.94	0.60	-0.69	0.02
Gross Margin	10.79%	17.43%	18.97%	18.85%	16.74%
Operating Margin	-15.89%	0.67%	5.98%	3.25%	1.07%
Profit Margin	-14.72%	0.30%	2.08%	-8.60%	-21.27%
Free Cash Flow Margin	-5.41%	-10.23%	7.84%	-7.41%	0.27%
EBITDA	-6.27	44.47	60.31	48.39	33.95
EBITDA Margin	-2.00%	9.23%	14.99%	11.97%	10.28%
D&A For EBITDA	43.67	41.24	36.26	35.25	30.41
EBIT	-49.95	3.23	24.04	13.14	3.54
EBIT Margin	-15.89%	0.67%	5.98%	3.25%	1.07%
Effective Tax Rate	-	-	27.67%	-	-

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