Herald Holdings Ltd
HKEX:114
Income Statement
Earnings Waterfall
Herald Holdings Ltd
Revenue
|
861.2m
HKD
|
Cost of Revenue
|
-641.1m
HKD
|
Gross Profit
|
220.2m
HKD
|
Operating Expenses
|
-155m
HKD
|
Operating Income
|
65.2m
HKD
|
Other Expenses
|
-18.7m
HKD
|
Net Income
|
46.5m
HKD
|
Income Statement
Herald Holdings Ltd
Sep-2003 | Mar-2004 | Sep-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2011 | Mar-2012 | Sep-2012 | Mar-2013 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | Sep-2017 | Mar-2018 | Sep-2018 | Mar-2019 | Sep-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
967
N/A
|
1 104
+14%
|
1 265
+15%
|
1 443
+14%
|
1 501
+4%
|
1 326
-12%
|
1 332
+0%
|
1 550
+16%
|
1 629
+5%
|
1 554
-5%
|
1 709
+10%
|
1 641
-4%
|
1 570
-4%
|
1 466
-7%
|
1 495
+2%
|
1 624
+9%
|
1 458
-10%
|
1 400
-4%
|
1 428
+2%
|
1 345
-6%
|
1 252
-7%
|
1 340
+7%
|
1 335
0%
|
1 265
-5%
|
1 376
+9%
|
1 529
+11%
|
1 365
-11%
|
1 095
-20%
|
1 187
+8%
|
1 272
+7%
|
1 056
-17%
|
952
-10%
|
1 017
+7%
|
946
-7%
|
877
-7%
|
928
+6%
|
965
+4%
|
1 175
+22%
|
1 425
+21%
|
1 263
-11%
|
861
-32%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(739)
|
(825)
|
(942)
|
(1 081)
|
(1 122)
|
(1 001)
|
(1 024)
|
(1 205)
|
(1 249)
|
(1 181)
|
(1 312)
|
(1 227)
|
(1 109)
|
(1 071)
|
(1 142)
|
(1 234)
|
(1 125)
|
(1 072)
|
(1 052)
|
(1 000)
|
(954)
|
(1 006)
|
(997)
|
(973)
|
(1 070)
|
(1 164)
|
(1 026)
|
(851)
|
(933)
|
(1 017)
|
(898)
|
(812)
|
(826)
|
(746)
|
(682)
|
(734)
|
(828)
|
(1 055)
|
(1 181)
|
(963)
|
(641)
|
|
Gross Profit |
227
N/A
|
279
+23%
|
323
+16%
|
362
+12%
|
379
+5%
|
325
-14%
|
308
-5%
|
345
+12%
|
380
+10%
|
373
-2%
|
397
+7%
|
414
+4%
|
461
+12%
|
395
-14%
|
354
-11%
|
390
+10%
|
332
-15%
|
328
-1%
|
376
+15%
|
345
-8%
|
299
-14%
|
333
+12%
|
339
+2%
|
292
-14%
|
307
+5%
|
365
+19%
|
339
-7%
|
244
-28%
|
253
+4%
|
254
+0%
|
158
-38%
|
140
-11%
|
191
+36%
|
200
+4%
|
195
-2%
|
194
-1%
|
137
-29%
|
120
-12%
|
244
+104%
|
300
+23%
|
220
-27%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(182)
|
(203)
|
(229)
|
(247)
|
(254)
|
(232)
|
(204)
|
(230)
|
(241)
|
(242)
|
(275)
|
(323)
|
(272)
|
(219)
|
(255)
|
(274)
|
(302)
|
(292)
|
(289)
|
(303)
|
(280)
|
(302)
|
(301)
|
(273)
|
(282)
|
(303)
|
(282)
|
(286)
|
(292)
|
(290)
|
(260)
|
(221)
|
(177)
|
(190)
|
(136)
|
(193)
|
(175)
|
(186)
|
(207)
|
(199)
|
(155)
|
|
Selling, General & Administrative |
(200)
|
(212)
|
(235)
|
(256)
|
(264)
|
(248)
|
(248)
|
(268)
|
(282)
|
(268)
|
(286)
|
(278)
|
(263)
|
(265)
|
(274)
|
(303)
|
(298)
|
(296)
|
(311)
|
(317)
|
(308)
|
(313)
|
(325)
|
(281)
|
(280)
|
(309)
|
(302)
|
(290)
|
(302)
|
(292)
|
(259)
|
(225)
|
(217)
|
(191)
|
(173)
|
(195)
|
(193)
|
(195)
|
(209)
|
(207)
|
(195)
|
|
Other Operating Expenses |
18
|
9
|
8
|
9
|
9
|
16
|
44
|
39
|
40
|
26
|
11
|
(44)
|
(9)
|
47
|
19
|
29
|
(4)
|
4
|
23
|
14
|
28
|
11
|
24
|
9
|
(3)
|
6
|
19
|
3
|
10
|
2
|
(2)
|
4
|
39
|
2
|
36
|
2
|
16
|
9
|
2
|
8
|
38
|
|
Operating Income |
46
N/A
|
76
+67%
|
94
+24%
|
115
+22%
|
125
+8%
|
93
-25%
|
104
+11%
|
116
+11%
|
139
+20%
|
131
-6%
|
123
-6%
|
91
-26%
|
189
+107%
|
177
-7%
|
99
-44%
|
116
+17%
|
30
-74%
|
36
+18%
|
88
+146%
|
43
-52%
|
19
-56%
|
32
+69%
|
37
+19%
|
19
-48%
|
25
+29%
|
62
+149%
|
57
-7%
|
(43)
N/A
|
(38)
+10%
|
(36)
+7%
|
(101)
-183%
|
(81)
+20%
|
14
N/A
|
10
-28%
|
59
+477%
|
1
-98%
|
(38)
N/A
|
(66)
-73%
|
37
N/A
|
101
+174%
|
65
-36%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
1
|
0
|
1
|
0
|
3
|
0
|
5
|
(1)
|
13
|
12
|
(4)
|
(2)
|
5
|
4
|
23
|
21
|
(2)
|
(2)
|
0
|
(0)
|
11
|
(1)
|
2
|
(1)
|
(5)
|
(0)
|
(1)
|
(2)
|
21
|
(3)
|
(11)
|
(2)
|
(10)
|
(1)
|
21
|
(1)
|
(2)
|
(4)
|
(9)
|
(2)
|
|
Non-Reccuring Items |
(1)
|
(2)
|
0
|
(1)
|
0
|
9
|
0
|
2
|
0
|
0
|
0
|
(6)
|
0
|
(1)
|
(1)
|
(3)
|
(3)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(0)
|
0
|
(9)
|
230
|
246
|
0
|
(14)
|
11
|
63
|
0
|
31
|
0
|
1
|
0
|
1
|
0
|
26
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
45
N/A
|
76
+70%
|
95
+25%
|
116
+22%
|
125
+8%
|
105
-16%
|
104
-1%
|
122
+18%
|
138
+13%
|
144
+4%
|
135
-6%
|
82
-39%
|
187
+130%
|
180
-4%
|
101
-44%
|
135
+34%
|
49
-64%
|
33
-32%
|
86
+160%
|
42
-52%
|
18
-56%
|
42
+129%
|
37
-12%
|
21
-43%
|
24
+15%
|
48
+98%
|
287
+500%
|
202
-30%
|
(40)
N/A
|
(29)
+29%
|
(93)
-225%
|
(29)
+69%
|
12
N/A
|
31
+163%
|
58
+85%
|
24
-59%
|
(39)
N/A
|
(67)
-71%
|
33
N/A
|
118
+253%
|
64
-46%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(12)
|
(20)
|
(17)
|
(14)
|
(14)
|
(11)
|
(14)
|
(20)
|
(26)
|
(29)
|
(34)
|
(55)
|
(31)
|
(20)
|
(22)
|
(5)
|
(16)
|
(27)
|
(17)
|
(6)
|
(14)
|
(14)
|
(5)
|
(9)
|
(10)
|
(88)
|
(82)
|
(2)
|
(1)
|
4
|
1
|
(4)
|
(13)
|
(14)
|
(4)
|
10
|
8
|
(18)
|
(36)
|
(17)
|
|
Income from Continuing Operations |
41
|
64
|
75
|
99
|
111
|
91
|
93
|
109
|
118
|
118
|
106
|
48
|
133
|
149
|
81
|
113
|
44
|
17
|
59
|
25
|
13
|
27
|
22
|
16
|
15
|
38
|
199
|
120
|
(43)
|
(30)
|
(89)
|
(28)
|
8
|
18
|
44
|
20
|
(29)
|
(59)
|
15
|
82
|
46
|
|
Income to Minority Interest |
(5)
|
(2)
|
1
|
(3)
|
(7)
|
(4)
|
(2)
|
2
|
3
|
(0)
|
2
|
4
|
1
|
(2)
|
(2)
|
(2)
|
0
|
5
|
2
|
(2)
|
(0)
|
(1)
|
1
|
(0)
|
0
|
1
|
(71)
|
(70)
|
3
|
3
|
3
|
2
|
2
|
1
|
(0)
|
1
|
(0)
|
(2)
|
(1)
|
0
|
0
|
|
Net Income (Common) |
36
N/A
|
62
+74%
|
75
+21%
|
96
+28%
|
104
+8%
|
86
-17%
|
91
+5%
|
111
+22%
|
121
+9%
|
118
-3%
|
108
-9%
|
52
-52%
|
133
+158%
|
147
+10%
|
79
-46%
|
111
+41%
|
44
-60%
|
22
-50%
|
61
+178%
|
23
-62%
|
13
-46%
|
27
+112%
|
23
-14%
|
16
-29%
|
15
-6%
|
39
+155%
|
128
+228%
|
50
-61%
|
(40)
N/A
|
(27)
+33%
|
(85)
-219%
|
(26)
+69%
|
9
N/A
|
9
-7%
|
35
+302%
|
34
-4%
|
(18)
N/A
|
(61)
-241%
|
14
N/A
|
82
+477%
|
47
-44%
|
|
EPS (Diluted) |
0.06
N/A
|
0.1
+67%
|
0.12
+20%
|
0.16
+33%
|
0.17
+6%
|
0.14
-18%
|
0.15
+7%
|
0.18
+20%
|
0.2
+11%
|
0.2
N/A
|
0.18
-10%
|
0.09
-50%
|
0.22
+144%
|
0.24
+9%
|
0.13
-46%
|
0.18
+38%
|
0.07
-61%
|
0.04
-43%
|
0.1
+150%
|
0.03
-70%
|
0.02
-33%
|
0.04
+100%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.06
+100%
|
0.21
+250%
|
0.08
-62%
|
-0.06
N/A
|
-0.04
+33%
|
-0.14
-250%
|
-0.04
+71%
|
0.02
N/A
|
0.03
+50%
|
0.07
+133%
|
0.05
-29%
|
-0.05
N/A
|
-0.1
-100%
|
0.02
N/A
|
0.14
+600%
|
0.08
-43%
|