Sincere Co Ltd
HKEX:244
Income Statement
Earnings Waterfall
Sincere Co Ltd
Revenue
|
146.1m
HKD
|
Cost of Revenue
|
-62.2m
HKD
|
Gross Profit
|
83.9m
HKD
|
Operating Expenses
|
-117.2m
HKD
|
Operating Income
|
-33.2m
HKD
|
Other Expenses
|
-17.2m
HKD
|
Net Income
|
-50.5m
HKD
|
Income Statement
Sincere Co Ltd
Feb-2005 | Aug-2005 | Feb-2006 | Aug-2006 | Feb-2007 | Aug-2007 | Feb-2008 | Aug-2008 | Feb-2009 | Aug-2009 | Feb-2010 | Aug-2010 | Feb-2011 | Aug-2011 | Feb-2012 | Aug-2012 | Feb-2013 | Aug-2013 | Feb-2014 | Aug-2014 | Feb-2015 | Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||
Revenue |
600
N/A
|
565
-6%
|
468
-17%
|
500
+7%
|
510
+2%
|
439
-14%
|
420
-4%
|
410
-2%
|
290
-29%
|
276
-5%
|
381
+38%
|
391
+3%
|
458
+17%
|
498
+9%
|
527
+6%
|
532
+1%
|
498
-6%
|
498
0%
|
444
-11%
|
386
-13%
|
370
-4%
|
367
-1%
|
384
+5%
|
393
+2%
|
375
-4%
|
363
-3%
|
356
-2%
|
343
-4%
|
312
-9%
|
304
-3%
|
263
-13%
|
207
-21%
|
177
-14%
|
176
-1%
|
140
-20%
|
209
+49%
|
147
-30%
|
152
+4%
|
146
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(374)
|
(324)
|
(242)
|
(246)
|
(233)
|
(152)
|
(167)
|
(173)
|
(156)
|
(143)
|
(132)
|
(138)
|
(163)
|
(179)
|
(195)
|
(196)
|
(172)
|
(174)
|
(165)
|
(154)
|
(146)
|
(138)
|
(152)
|
(159)
|
(160)
|
(164)
|
(154)
|
(149)
|
(142)
|
(136)
|
(131)
|
(114)
|
(92)
|
(86)
|
(66)
|
(97)
|
(65)
|
(64)
|
(62)
|
|
Gross Profit |
226
N/A
|
241
+7%
|
227
-6%
|
254
+12%
|
277
+9%
|
287
+4%
|
253
-12%
|
237
-6%
|
133
-44%
|
133
0%
|
249
+87%
|
254
+2%
|
295
+16%
|
320
+8%
|
331
+3%
|
336
+1%
|
327
-3%
|
323
-1%
|
279
-14%
|
232
-17%
|
224
-3%
|
229
+2%
|
232
+1%
|
233
+0%
|
215
-8%
|
199
-7%
|
202
+1%
|
194
-4%
|
170
-12%
|
168
-1%
|
133
-21%
|
93
-30%
|
86
-8%
|
90
+5%
|
74
-18%
|
112
+51%
|
82
-27%
|
88
+7%
|
84
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(321)
|
(319)
|
(217)
|
(198)
|
(233)
|
(223)
|
(239)
|
(262)
|
(275)
|
(265)
|
(244)
|
(248)
|
(262)
|
(273)
|
(282)
|
(278)
|
(298)
|
(327)
|
(352)
|
(367)
|
(382)
|
(346)
|
(362)
|
(338)
|
(299)
|
(290)
|
(311)
|
(301)
|
(292)
|
(291)
|
(251)
|
(220)
|
(201)
|
(192)
|
(129)
|
(208)
|
(138)
|
(123)
|
(117)
|
|
Selling, General & Administrative |
(233)
|
(230)
|
(235)
|
(247)
|
(266)
|
(271)
|
(271)
|
(281)
|
(274)
|
(262)
|
(256)
|
(262)
|
(285)
|
(305)
|
(307)
|
(311)
|
(331)
|
(358)
|
(393)
|
(404)
|
(384)
|
(376)
|
(381)
|
(366)
|
(329)
|
(313)
|
(312)
|
(299)
|
(292)
|
(288)
|
(253)
|
(215)
|
(202)
|
(192)
|
(130)
|
(210)
|
(138)
|
(123)
|
(117)
|
|
Other Operating Expenses |
(88)
|
(89)
|
18
|
49
|
33
|
49
|
32
|
19
|
1
|
(2)
|
12
|
14
|
23
|
32
|
25
|
33
|
34
|
32
|
41
|
37
|
1
|
30
|
19
|
27
|
31
|
23
|
1
|
(2)
|
0
|
(3)
|
2
|
(5)
|
0
|
(0)
|
0
|
2
|
0
|
0
|
0
|
|
Operating Income |
(95)
N/A
|
(78)
+18%
|
10
N/A
|
56
+474%
|
44
-22%
|
64
+46%
|
14
-79%
|
(25)
N/A
|
(142)
-469%
|
(132)
+7%
|
5
N/A
|
6
+26%
|
34
+468%
|
47
+41%
|
49
+4%
|
58
+18%
|
29
-50%
|
(3)
N/A
|
(73)
-2 248%
|
(135)
-86%
|
(158)
-17%
|
(117)
+26%
|
(130)
-11%
|
(105)
+19%
|
(83)
+21%
|
(91)
-9%
|
(109)
-21%
|
(107)
+2%
|
(122)
-14%
|
(122)
+0%
|
(118)
+3%
|
(127)
-8%
|
(115)
+9%
|
(102)
+12%
|
(55)
+46%
|
(96)
-73%
|
(56)
+41%
|
(35)
+37%
|
(33)
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(30)
|
(21)
|
(8)
|
4
|
7
|
13
|
(38)
|
(119)
|
(137)
|
(46)
|
33
|
(1)
|
(7)
|
(15)
|
(20)
|
(21)
|
17
|
19
|
(12)
|
14
|
32
|
(31)
|
(37)
|
(24)
|
(12)
|
(4)
|
13
|
(3)
|
(5)
|
(10)
|
(17)
|
(6)
|
(20)
|
(25)
|
(17)
|
(23)
|
(12)
|
(10)
|
(8)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
(4)
|
(4)
|
(16)
|
(47)
|
(34)
|
(3)
|
(22)
|
(21)
|
(1)
|
(1)
|
0
|
0
|
(17)
|
(17)
|
0
|
2
|
4
|
2
|
(7)
|
(16)
|
(14)
|
(8)
|
(11)
|
(7)
|
(5)
|
2
|
4
|
1
|
0
|
|
Total Other Income |
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
|
Pre-Tax Income |
(125)
N/A
|
(99)
+21%
|
1
N/A
|
60
+4 523%
|
50
-16%
|
77
+53%
|
(24)
N/A
|
(146)
-509%
|
(279)
-92%
|
(179)
+36%
|
34
N/A
|
1
-97%
|
11
+864%
|
(15)
N/A
|
(4)
+71%
|
34
N/A
|
24
-30%
|
(5)
N/A
|
(86)
-1 582%
|
(123)
-43%
|
(126)
-3%
|
(149)
-18%
|
(183)
-23%
|
(145)
+21%
|
(95)
+35%
|
(93)
+2%
|
(93)
0%
|
(108)
-17%
|
(135)
-24%
|
(148)
-10%
|
(149)
-1%
|
(141)
+5%
|
(146)
-3%
|
(135)
+8%
|
(77)
+43%
|
(117)
-51%
|
(64)
+45%
|
(44)
+32%
|
(52)
-19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(1)
|
(2)
|
1
|
2
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(125)
|
(99)
|
1
|
59
|
49
|
78
|
(22)
|
(145)
|
(279)
|
(179)
|
33
|
1
|
10
|
(15)
|
(5)
|
34
|
23
|
(6)
|
(86)
|
(123)
|
(126)
|
(149)
|
(183)
|
(146)
|
(95)
|
(93)
|
(93)
|
(108)
|
(135)
|
(148)
|
(149)
|
(141)
|
(146)
|
(135)
|
(77)
|
(117)
|
(64)
|
(44)
|
(52)
|
|
Income to Minority Interest |
6
|
10
|
3
|
(4)
|
(8)
|
(3)
|
0
|
0
|
3
|
2
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(9)
|
(6)
|
1
|
1
|
4
|
3
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
3
|
2
|
1
|
1
|
1
|
1
|
3
|
3
|
3
|
1
|
|
Net Income (Common) |
(119)
N/A
|
(89)
+25%
|
4
N/A
|
55
+1 241%
|
41
-25%
|
76
+84%
|
(22)
N/A
|
(145)
-566%
|
(276)
-90%
|
(177)
+36%
|
33
N/A
|
1
-97%
|
11
+1 067%
|
(15)
N/A
|
(9)
+42%
|
21
N/A
|
64
+202%
|
45
-30%
|
(85)
N/A
|
(121)
-43%
|
(123)
-1%
|
(146)
-19%
|
(182)
-25%
|
(144)
+21%
|
(93)
+36%
|
(91)
+2%
|
(90)
+0%
|
(106)
-17%
|
(132)
-25%
|
(146)
-10%
|
(147)
-1%
|
(140)
+5%
|
(145)
-3%
|
(134)
+8%
|
(76)
+43%
|
(114)
-50%
|
(61)
+47%
|
(40)
+34%
|
(50)
-26%
|
|
EPS (Diluted) |
-0.21
N/A
|
-0.15
+29%
|
0.01
N/A
|
0.1
+900%
|
0.08
-20%
|
0.14
+75%
|
-0.03
N/A
|
-0.25
-733%
|
-0.48
-92%
|
-0.36
+25%
|
0.06
N/A
|
-0.01
N/A
|
0.02
N/A
|
-0.03
N/A
|
-0.01
+67%
|
0.06
N/A
|
0.2
+233%
|
0.13
-35%
|
-0.26
N/A
|
-0.36
-38%
|
-0.36
N/A
|
-0.43
-19%
|
-0.54
-26%
|
-0.46
+15%
|
-0.27
+41%
|
-0.27
N/A
|
-0.22
+19%
|
-0.16
+27%
|
-0.2
-25%
|
-0.21
-5%
|
-0.17
+19%
|
-0.13
+24%
|
-0.14
-8%
|
-0.12
+14%
|
-0.06
+50%
|
-0.09
-50%
|
-0.05
+44%
|
-0.03
+40%
|
-0.04
-33%
|