Huijing Holdings Company Limited (09968.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	541.2M	300.3M	240.9M	941.2M	85.9M
Cost of Revenue	961.5M	638.9M	178.3M	682.8M	79.0M
Gross Profit	(420.3M)	(338.6M)	62.6M	258.4M	6.9M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	178.4M	78.2M	100.2M	280.3M	349.5M
General & Admin Expense	165.5M	76.3M	89.2M	235.9M	305.1M
Selling & Marketing Expense	12.9M	1.9M	11.0M	44.4M	44.3M
Other Expenses	117.6M	76.2M	—	—	—
Total Operating Expenses	296.1M	154.4M	100.2M	280.3M	349.5M
Cost and Expenses	1.3B	793.3M	278.5M	963.1M	2.3B
Operating Income (EBIT)	(716.4M)	(493.0M)	(37.6M)	(21.9M)	(2.2B)
Non-Operating
Interest Income	353.9K	183.0K	158.0K	248.0K	40.9M
Interest Expense	852.3M	415.8M	441.3M	178.4M	199.1M
Net Interest Income	(1.1B)	(415.6M)	(441.2M)	(178.2M)	(158.2M)
Other Non-Op Income/Expense	(1.5B)	(937.7M)	(706.8M)	(642.9M)	(561.3M)
Non-Operating Income (excl Interest)	535.9M	506.9M	265.4M	464.4M	88.3M
EBT (Pre-Tax Income)	(2.2B)	(1.4B)	(744.3M)	(664.7M)	(2.8B)
Income Tax Expense	321.2M	264.2M	57.0M	65.6M	27.8M
Bottom Line
Net Income	(2.5B)	(1.7B)	(799.5M)	(696.7M)	(2.5B)
Earnings from Cont. Ops	(2.5B)	(1.7B)	(801.3M)	(730.4M)	(2.8B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(2.5B)	(1.7B)	(799.5M)	(696.7M)	(2.5B)
Per Share
Basic EPS	(HK$0.48)	(HK$0.33)	(HK$0.15)	(HK$0.13)	(HK$0.47)
Diluted EPS	(HK$0.48)	(HK$0.33)	(HK$0.15)	(HK$0.13)	(HK$0.47)
Revenue Per Share	HK$0.10	HK$0.06	HK$0.05	HK$0.18	HK$0.02
Shares
Basic Shares Outstanding	5.2B	5.2B	5.3B	5.3B	5.3B
Diluted Shares Outstanding	5.3B	5.3B	5.3B	5.3B	5.3B
Profitability Metrics
EBITDA	(1.2B)	(992.8M)	(292.7M)	(471.8M)	(2.3B)
D&A	15.3M	7.2M	10.2M	14.5M	7.2M
EBIT	(1.3B)	(999.9M)	(303.0M)	(486.3M)	(2.3B)

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