Sheng Tang 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	161.92	150.02	143.41	185.01	154.26
Revenue Growth (YoY)	7.93%	4.61%	-22.49%	19.94%	-11.08%
Cost of Revenue	145.68	140.24	135.55	162.52	137.18
Gross Profit	16.24	9.78	7.86	22.49	17.08
Selling, General & Admin	15.58	13.87	33.14	39.8	25.15
Operating Expenses	34.06	13.87	33.14	39.8	25.15
Operating Income	-17.82	-4.09	-25.28	-17.31	-8.07
Interest Expense	-0.41	-0.37	-2.12	-1.91	-1.72
Interest & Investment Income	0	-	-	0.02	-
Other Non Operating Income (Expenses)	0.43	0.26	0.36	0.16	-
EBT Excluding Unusual Items	-17.8	-4.2	-27.04	-19.05	-9.8
Merger & Restructuring Charges	-	-	-	-	-1.98
Impairment of Goodwill	-	-	-14	-10	-31.8
Gain (Loss) on Sale of Investments	0.12	0.07	-0.27	0.16	0.21
Gain (Loss) on Sale of Assets	-	1.03	10.21	0.86	0.24
Other Unusual Items	-	-	0.35	1.72	-
Pretax Income	-17.68	-3.09	-30.76	-25.38	-43.13
Income Tax Expense	1.67	0.05	-0.44	-0.74	-0.49
Net Income	-19.34	-3.14	-30.32	-24.64	-42.64
Net Income to Common	-19.34	-3.14	-30.32	-24.64	-42.64
Shares Outstanding (Basic)	1,349	1,062	1,050	1,050	808
Shares Outstanding (Diluted)	1,349	1,062	1,050	1,050	808
Shares Change (YoY)	27.01%	1.15%	-	30.03%	0.94%
EPS (Basic)	-0.01	-0.00	-0.03	-0.02	-0.05
EPS (Diluted)	-0.01	-0.00	-0.03	-0.02	-0.05
Free Cash Flow	-	-4.41	7.45	7.06	-21.21
Free Cash Flow Per Share	-	-0.00	0.01	0.01	-0.03
Gross Margin	10.03%	6.52%	5.48%	12.16%	11.07%
Operating Margin	-11.01%	-2.73%	-17.63%	-9.36%	-5.23%
Profit Margin	-11.95%	-2.09%	-21.14%	-13.32%	-27.64%
Free Cash Flow Margin	-	-2.94%	5.20%	3.82%	-13.75%
EBITDA	-16.63	-2.89	-23.64	-15.09	-5.55
EBITDA Margin	-10.27%	-1.93%	-16.48%	-8.15%	-3.60%
D&A For EBITDA	1.2	1.2	1.64	2.22	2.53
EBIT	-17.82	-4.09	-25.28	-17.31	-8.07
EBIT Margin	-11.01%	-2.73%	-17.63%	-9.36%	-5.23%

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