Chuangxin Industries Holdings Ltd. (02788.HK) Financial Statements

Income statement

Metric	2025	2024	2023	2022
Revenue
Total Revenue	18.2B	15.2B	13.8B	13.5B
Cost of Revenue	13.7B	10.9B	11.5B	11.4B
Gross Profit	4.5B	4.3B	2.3B	2.0B
Operating Expenses
R&D Expense	—	10.3M	6.2M	6.0M
SG&A Expense	380.4M	93.8M	35.6M	52.5M
General & Admin Expense	—	93.2M	35.3M	49.7M
Selling & Marketing Expense	—	563.0K	313.0K	2.8M
Other Expenses	—	167.8M	158.3M	159.6M
Total Operating Expenses	380.4M	271.9M	200.1M	218.2M
Cost and Expenses	14.1B	11.2B	11.7B	11.7B
Operating Income (EBIT)	4.1B	4.0B	2.1B	1.8B
Non-Operating
Interest Income	37.7M	18.5M	48.9M	90.1M
Interest Expense	662.6M	750.7M	932.9M	1.1B
Net Interest Income	(624.8M)	(732.1M)	(884.0M)	(971.3M)
Other Non-Op Income/Expense	(733.7M)	(723.7M)	(863.8M)	(775.2M)
Non-Operating Income (excl Interest)	71.1M	(27.0M)	(69.1M)	(286.2M)
EBT (Pre-Tax Income)	3.4B	3.3B	1.3B	1.0B
Income Tax Expense	547.2M	651.4M	191.9M	134.8M
Bottom Line
Net Income	2.7B	2.1B	1.0B	881.3M
Earnings from Cont. Ops	2.8B	2.6B	1.1B	912.9M
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	2.7B	2.1B	1.0B	881.3M
Per Share
Basic EPS	HK$1.71	HK$1.03	HK$0.50	HK$0.44
Diluted EPS	HK$1.71	HK$1.03	HK$0.50	HK$0.44
Revenue Per Share	HK$11.69	HK$7.58	HK$6.91	HK$6.74
Shares
Basic Shares Outstanding	1.6B	2.0B	2.0B	2.0B
Diluted Shares Outstanding	1.6B	2.0B	2.0B	2.0B
Profitability Metrics
EBITDA	5.0B	4.8B	3.0B	2.8B
D&A	969.2M	760.1M	781.1M	739.4M
EBIT	4.1B	4.0B	2.2B	2.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025