Four Seas Mercantile Holdings Ltd
HKEX:374
Income Statement
Earnings Waterfall
Four Seas Mercantile Holdings Ltd
Revenue
|
4B
HKD
|
Cost of Revenue
|
-3.1B
HKD
|
Gross Profit
|
849.3m
HKD
|
Operating Expenses
|
-793.8m
HKD
|
Operating Income
|
55.5m
HKD
|
Other Expenses
|
-42.9m
HKD
|
Net Income
|
12.6m
HKD
|
Income Statement
Four Seas Mercantile Holdings Ltd
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 |
1 389
N/A
|
1 510
+9%
|
1 562
+3%
|
1 636
+5%
|
1 748
+7%
|
1 808
+3%
|
1 876
+4%
|
1 955
+4%
|
2 097
+7%
|
2 192
+5%
|
2 291
+5%
|
2 327
+2%
|
2 348
+1%
|
2 390
+2%
|
2 562
+7%
|
2 714
+6%
|
2 789
+3%
|
2 878
+3%
|
2 900
+1%
|
2 955
+2%
|
2 910
-2%
|
2 891
-1%
|
2 907
+1%
|
2 910
+0%
|
2 941
+1%
|
2 958
+1%
|
2 948
0%
|
2 952
+0%
|
3 002
+2%
|
3 055
+2%
|
3 029
-1%
|
3 046
+1%
|
2 928
-4%
|
3 608
+23%
|
4 580
+27%
|
4 749
+4%
|
4 730
0%
|
4 489
-5%
|
4 151
-8%
|
3 993
-4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 037)
|
(1 118)
|
(1 104)
|
(1 170)
|
(1 246)
|
(1 275)
|
(1 322)
|
(1 394)
|
(1 537)
|
(1 599)
|
(1 692)
|
(1 729)
|
(1 702)
|
(1 728)
|
(1 870)
|
(1 980)
|
(2 004)
|
(2 057)
|
(2 014)
|
(1 996)
|
(1 915)
|
(1 872)
|
(1 867)
|
(1 878)
|
(1 993)
|
(2 108)
|
(2 028)
|
(1 942)
|
(2 040)
|
(2 073)
|
(2 056)
|
(2 116)
|
(2 075)
|
(2 736)
|
(3 733)
|
(3 884)
|
(3 792)
|
(3 561)
|
(3 284)
|
(3 144)
|
|
Gross Profit |
353
N/A
|
393
+11%
|
458
+17%
|
466
+2%
|
502
+8%
|
533
+6%
|
553
+4%
|
561
+1%
|
560
0%
|
593
+6%
|
598
+1%
|
598
0%
|
645
+8%
|
662
+3%
|
692
+5%
|
733
+6%
|
785
+7%
|
821
+5%
|
886
+8%
|
959
+8%
|
995
+4%
|
1 019
+2%
|
1 041
+2%
|
1 031
-1%
|
948
-8%
|
849
-10%
|
920
+8%
|
1 010
+10%
|
963
-5%
|
982
+2%
|
973
-1%
|
930
-4%
|
853
-8%
|
872
+2%
|
846
-3%
|
864
+2%
|
938
+8%
|
928
-1%
|
867
-7%
|
849
-2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(281)
|
(320)
|
(362)
|
(357)
|
(387)
|
(410)
|
(412)
|
(448)
|
(492)
|
(519)
|
(506)
|
(470)
|
(570)
|
(579)
|
(614)
|
(658)
|
(716)
|
(742)
|
(756)
|
(810)
|
(833)
|
(854)
|
(867)
|
(876)
|
(890)
|
(892)
|
(950)
|
(938)
|
(887)
|
(892)
|
(889)
|
(852)
|
(832)
|
(886)
|
(814)
|
(820)
|
(886)
|
(890)
|
(831)
|
(794)
|
|
Selling, General & Administrative |
(311)
|
(327)
|
(372)
|
(388)
|
(407)
|
(437)
|
(457)
|
(474)
|
(493)
|
(518)
|
(558)
|
(571)
|
(565)
|
(578)
|
(600)
|
(641)
|
(698)
|
(734)
|
(751)
|
(793)
|
(825)
|
(848)
|
(864)
|
(872)
|
(885)
|
(900)
|
(943)
|
(934)
|
(899)
|
(896)
|
(888)
|
(848)
|
(835)
|
(881)
|
(831)
|
(825)
|
(887)
|
(892)
|
(839)
|
(788)
|
|
Depreciation & Amortization |
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
|
|
Other Operating Expenses |
30
|
7
|
10
|
31
|
20
|
28
|
45
|
26
|
1
|
(1)
|
52
|
101
|
(5)
|
(1)
|
(14)
|
(17)
|
(18)
|
(8)
|
(5)
|
(16)
|
(8)
|
(6)
|
(4)
|
(4)
|
(5)
|
9
|
(7)
|
(4)
|
13
|
4
|
(1)
|
(4)
|
3
|
(5)
|
17
|
4
|
1
|
2
|
8
|
(6)
|
|
Operating Income |
71
N/A
|
73
+2%
|
96
+31%
|
109
+14%
|
115
+5%
|
123
+7%
|
141
+15%
|
113
-20%
|
68
-39%
|
74
+9%
|
93
+24%
|
128
+38%
|
75
-41%
|
83
+11%
|
78
-6%
|
76
-4%
|
69
-8%
|
79
+14%
|
129
+65%
|
149
+15%
|
162
+9%
|
165
+2%
|
173
+5%
|
155
-10%
|
58
-62%
|
(43)
N/A
|
(30)
+30%
|
72
N/A
|
76
+6%
|
89
+18%
|
83
-7%
|
78
-7%
|
21
-74%
|
(14)
N/A
|
32
N/A
|
44
+37%
|
51
+17%
|
38
-26%
|
36
-5%
|
55
+53%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
6
|
13
|
10
|
(0)
|
(8)
|
(10)
|
(11)
|
29
|
44
|
(19)
|
(37)
|
12
|
25
|
10
|
12
|
11
|
(2)
|
7
|
11
|
19
|
30
|
39
|
11
|
(11)
|
(4)
|
(4)
|
8
|
14
|
9
|
(11)
|
(15)
|
(14)
|
(13)
|
(17)
|
(14)
|
(15)
|
(24)
|
(19)
|
(23)
|
(33)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
51
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
12
|
102
|
100
|
302
|
302
|
0
|
0
|
0
|
(7)
|
32
|
38
|
20
|
18
|
36
|
17
|
(1)
|
|
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
|
|
Pre-Tax Income |
77
N/A
|
86
+12%
|
105
+22%
|
108
+3%
|
106
-2%
|
113
+7%
|
130
+15%
|
141
+9%
|
113
-20%
|
55
-51%
|
107
+94%
|
139
+31%
|
100
-28%
|
93
-7%
|
91
-3%
|
87
-5%
|
68
-22%
|
86
+27%
|
141
+64%
|
168
+19%
|
192
+14%
|
203
+6%
|
185
-9%
|
144
-22%
|
67
-54%
|
55
-17%
|
78
+42%
|
388
+396%
|
387
0%
|
78
-80%
|
68
-13%
|
64
-7%
|
0
-99%
|
1
+291%
|
56
+4 331%
|
49
-12%
|
45
-8%
|
56
+23%
|
30
-46%
|
21
-29%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(12)
|
(13)
|
(15)
|
(17)
|
(20)
|
(19)
|
(22)
|
(26)
|
(14)
|
(16)
|
(23)
|
(17)
|
(18)
|
(18)
|
(19)
|
(24)
|
(26)
|
(34)
|
(38)
|
(40)
|
(48)
|
(47)
|
(38)
|
(21)
|
(16)
|
(25)
|
(35)
|
(36)
|
(32)
|
(30)
|
(27)
|
(15)
|
(12)
|
(24)
|
(25)
|
(25)
|
1
|
13
|
(11)
|
|
Income from Continuing Operations |
64
|
75
|
92
|
93
|
89
|
94
|
111
|
120
|
86
|
41
|
91
|
116
|
83
|
76
|
73
|
68
|
44
|
59
|
107
|
129
|
152
|
156
|
137
|
106
|
45
|
39
|
53
|
354
|
352
|
46
|
38
|
36
|
(14)
|
(11)
|
32
|
24
|
20
|
57
|
43
|
11
|
|
Income to Minority Interest |
0
|
(5)
|
(11)
|
(4)
|
6
|
4
|
(4)
|
(11)
|
(5)
|
16
|
15
|
3
|
3
|
1
|
(0)
|
1
|
9
|
6
|
4
|
9
|
8
|
6
|
3
|
1
|
1
|
1
|
(3)
|
(9)
|
(4)
|
(5)
|
(8)
|
(10)
|
(6)
|
2
|
(2)
|
(8)
|
(7)
|
(1)
|
(3)
|
2
|
|
Net Income (Common) |
65
N/A
|
70
+8%
|
81
+15%
|
89
+10%
|
95
+6%
|
98
+3%
|
106
+9%
|
109
+3%
|
81
-26%
|
56
-30%
|
105
+86%
|
119
+13%
|
86
-27%
|
76
-12%
|
72
-5%
|
68
-5%
|
53
-23%
|
65
+25%
|
111
+69%
|
138
+25%
|
160
+16%
|
162
+1%
|
140
-14%
|
107
-24%
|
46
-57%
|
40
-13%
|
50
+26%
|
345
+587%
|
348
+1%
|
42
-88%
|
30
-28%
|
26
-14%
|
(20)
N/A
|
(9)
+56%
|
30
N/A
|
15
-49%
|
13
-18%
|
56
+340%
|
41
-27%
|
13
-69%
|
|
EPS (Diluted) |
0.16
N/A
|
0.17
+6%
|
0.2
+18%
|
0.22
+10%
|
0.23
+5%
|
0.24
+4%
|
0.26
+8%
|
0.27
+4%
|
0.2
-26%
|
0.14
-30%
|
0.27
+93%
|
0.3
+11%
|
0.22
-27%
|
0.2
-9%
|
0.19
-5%
|
0.18
-5%
|
0.14
-22%
|
0.17
+21%
|
0.28
+65%
|
0.35
+25%
|
0.41
+17%
|
0.42
+2%
|
0.36
-14%
|
0.27
-25%
|
0.12
-56%
|
0.1
-17%
|
0.13
+30%
|
0.9
+592%
|
0.9
N/A
|
0.11
-88%
|
0.08
-27%
|
0.07
-13%
|
-0.05
N/A
|
-0.02
+60%
|
0.08
N/A
|
0.04
-50%
|
0.03
-25%
|
0.14
+367%
|
0.11
-21%
|
0.03
-73%
|