Hing Lee Statements
39
Hing Lee Income Statement
B
M
HKD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
36.992
26.272
10.72
—
7.703
7.393
3.327
-2.56
—
0.767
0.001
0.766
0.001
808.1
43.296
100
30.25
69.9
13.046
30.1
—
0
25.241
58.3
24.942
57.6
-11.896
-27.5
-2.437
-5.6
—
0
-14.333
-33.1
-0.025
-0.06
-14.308
-33.05
-0.018
808.1
57.091
100
45.84
80.3
11.251
19.7
—
0
21.374
37.4
20.868
36.6
-9.617
-16.8
-2.846
-5
—
0
-12.463
-21.8
0.025
0.04
-12.488
-21.9
-0.015
808.1
87.969
100
75.376
85.7
12.593
14.3
—
0
16.06
18.3
16.188
18.4
-3.595
-4.09
-2.945
-3.3
—
0
-6.54
-7.4
0.012
0.01
-6.552
-7.4
-0.008
808.1
87.041
100
75.555
86.8
11.486
13.2
—
0
8.17
9.4
7.457
8.6
4.029
4.6
-2.996
-3.4
—
0
1.033
1.2
—
0
1.033
1.2
0.001
808.1
117.13
100
107.75
92
9.385
8
—
0
58.149
49.6
57.63
49.2
-48.245
-41.2
-1.843
-1.6
—
0
-50.088
-42.8
-0.001
-0.0009
-50.087
-42.8
-0.062
808.1
86.333
100
76.898
89.1
9.435
10.9
—
0
19.521
22.6
17.751
20.6
-8.316
-9.6
-0.836
-1
—
0
-9.152
-10.6
-0.034
-0.04
-9.118
-10.6
-0.011
808.1
174.13
100
164.5
94.5
9.631
5.5
—
0
46.953
27
55.917
32.1
-46.286
-26.6
-1.504
-0.9
—
0
-76.808
-44.1
0.027
0.02
-76.835
-44.1
-0.095
808.1
126.02
100
104.22
82.7
21.796
17.3
—
0
52.577
41.7
49.951
39.6
-28.155
-22.3
-0.829
-0.7
—
0
-28.984
-23.0004
-0.341
-0.3
-28.643
-22.7
-0.035
808.1
126.29
100
115.12
91.2
11.166
8.8
—
0
95.276
75.4
86.159
68.2
-74.993
-59.4
-1
-0.8
—
0
-75.993
-60.2
0.444
0.4
-76.437
-60.5
-0.095
808.07
136.24
100
104.28
76.5
31.951
23.5
—
0
29.071
21.3
27.911
20.5
4.04
3
-1.517
-1.1
—
0
2.523
1.9
0.275
0.2
2.248
1.7
0.003
806.1
171.96
150.36
21.596
—
47.388
14.074
7.522
-1.571
—
5.951
0.959
4.992
0.006
806.1
139.23
108.66
30.569
—
27.873
24.615
5.954
-1.608
—
4.346
0.164
4.182
0.005
806.1
212.9
155.1
57.8
—
51
50.3
7.4
-1.4
-0.6
6.1
1.3
4.7
0.01
806.1
181.3
138.3
43.1
—
37.2
35.5
7.5
-1.3
-1.7
6.2
0.4
5.8
0.01
806.1
242.6
189.5
53.1
—
55.3
49.5
3.7
-1.5
—
2.2
0.2
2
—
789.8
242.6
184.6
58.1
—
46.5
41.9
16.1
-2
0
14.1
-0.1
14.7
0.02
758
311.4
241.1
70.4
—
50.6
48.5
21.9
-2.4
-2.1
19.4
1.7
15
0.02
736.2
295.6
228.4
67.2
—
54.2
51.3
16
-2.1
—
13.9
0.2
13.1
0.02
740.3
384.7
317.4
67.2
—
64.4
65
2.3
-1.7
0.5
0.6
-0.7
-0.5
—
727.2
292.6
233.3
59.3
—
55.3
50.4
8.9
-3
0.1
6
1.5
5
0.01
727.2
322.6
271.5
51.1
—
74.9
70.2
-19.1
-2.6
0.1
-21.6
1.4
-22.6
-0.03
727.2
282
234.3
47.7
—
61.8
61.2
-13.4
-2
-0.6
-15.4
0.3
-17.9
-0.02
727.2
401.1
314.8
86.3
—
59.2
59.9
26.3
-1.3
0.8
25.1
2.7
18.7
0.03
690.1
231.9
172
60
—
42.7
35.2
24.7
-1.2
0.1
23.6
0.2
22.7
0.03
705.1
293.8
218.5
75.4
—
46.8
44
31.3
-2.4
0
28.9
2
27
0.04
613.1
212.9
165.1
47.7
—
31.7
31
16.8
-0.3
-0.8
16.5
3.1
13
0.02
610.9
252.7
197.6
55.1
—
44.7
42.1
13
-0.6
0
12.4
1.3
10.4
0.02
610.8
186.7
151.5
35.2
—
26.1
25.6
9.6
—
-0.4
9.6
1
8.3
0.02
457.5
300.5
237.7
62.8
—
43
41.7
21
0.2
-1.2
21.3
2
19.2
0.04
450
233.9
195.7
38.2
—
25.9
25.1
13.1
-0.3
-0.8
12.8
1.2
11.5
0.03
450