Man Shing Global Holdings Limited (HKG:8309)

Man Shing Global Holdings Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	414.29	677.1	1,025	997.03	663.96	580.55
Revenue Growth (YoY)	-57.27%	-33.92%	2.78%	50.17%	14.37%	7.05%
Cost of Revenue	368.48	616.49	937.02	901.65	603.35	508.89
Gross Profit	45.82	60.61	87.7	95.38	60.61	71.66
Selling, General & Admin	48.96	59.03	65.28	62.13	50.85	49.87
Operating Expenses	49.23	59.3	65.17	62.13	50.85	49.87
Operating Income	-3.41	1.31	22.53	33.25	9.77	21.8
Interest Expense	-0.85	-3.41	-7.44	-5.69	-2.7	-2.03
Interest & Investment Income	0.16	1.74	2.11	0.13	0.05	0.08
Other Non Operating Income (Expenses)	0.71	1.13	0.44	0.55	0.17	0.14
EBT Excluding Unusual Items	-3.4	0.78	17.64	28.25	7.29	19.98
Gain (Loss) on Sale of Investments	0.01	0.01	-0.25	-	-	-
Gain (Loss) on Sale of Assets	2.45	4.2	-	0.17	0.72	0.94
Other Unusual Items	-	-	-	3.93	0.26	12.1
Pretax Income	-0.93	4.99	17.4	32.34	8.26	33.02
Income Tax Expense	12.03	12.22	1.3	4.08	6	4.41
Earnings From Continuing Operations	-12.96	-7.23	16.1	28.26	2.25	28.62
Minority Interest in Earnings	-	-	-	0	-	-
Net Income	-12.96	-7.23	16.1	28.26	2.25	28.62
Net Income to Common	-12.96	-7.23	16.1	28.26	2.25	28.62
Net Income Growth	-	-	-43.03%	1154.50%	-92.13%	103.49%
Shares Outstanding (Basic)	600	600	600	600	600	600
Shares Outstanding (Diluted)	600	600	600	600	600	600
EPS (Basic)	-0.02	-0.01	0.03	0.05	0.00	0.05
EPS (Diluted)	-0.02	-0.01	0.03	0.05	0.00	0.05
EPS Growth	-	-	-43.03%	1154.49%	-92.13%	103.50%
Free Cash Flow	-106.12	-42.11	51.47	54.76	-6.06	41.97
Free Cash Flow Per Share	-0.18	-0.07	0.09	0.09	-0.01	0.07
Dividend Per Share	-	-	-	-	-	0.015
Gross Margin	11.06%	8.95%	8.56%	9.57%	9.13%	12.34%
Operating Margin	-0.82%	0.19%	2.20%	3.33%	1.47%	3.75%
Profit Margin	-3.13%	-1.07%	1.57%	2.83%	0.34%	4.93%
Free Cash Flow Margin	-25.62%	-6.22%	5.02%	5.49%	-0.91%	7.23%
EBITDA	0.56	5.27	26.25	35.25	11.65	23.57
EBITDA Margin	0.13%	0.78%	2.56%	3.54%	1.75%	4.06%
D&A For EBITDA	3.97	3.95	3.72	2	1.88	1.78
EBIT	-3.41	1.31	22.53	33.25	9.77	21.8
EBIT Margin	-0.82%	0.19%	2.20%	3.33%	1.47%	3.75%
Effective Tax Rate	-	244.87%	7.45%	12.61%	72.71%	13.35%

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