Hui Xian Real Estate Investment Trust (87001.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.6B	2.3B	2.4B	2.3B	2.2B
Cost of Revenue	784.0M	201.0M	213.0M	583.0M	339.0M
Gross Profit	3.8B	2.1B	2.2B	1.7B	1.9B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	427.0M	52.0M	37.0M	287.0M	357.0M
General & Admin Expense	21.0M	7.0M	7.0M	258.0M	339.0M
Selling & Marketing Expense	88.0M	45.0M	30.0M	29.0M	18.0M
Other Expenses	125.0M	166.0M	889.0M	517.0M	(213.0M)
Total Operating Expenses	552.0M	218.0M	926.0M	804.0M	144.0M
Cost and Expenses	1.3B	419.0M	1.4B	1.4B	1.4B
Operating Income (EBIT)	3.3B	1.8B	2.0B	925.0M	305.0M
Non-Operating
Interest Income	16.0M	48.0M	64.0M	100.0M	128.0M
Interest Expense	478.0M	240.0M	340.0M	399.0M	206.0M
Net Interest Income	(462.0M)	(192.0M)	(276.0M)	(299.0M)	(78.0M)
Other Non-Op Income/Expense	(4.8B)	(2.5B)	(2.6B)	(1.3B)	(1.6B)
Non-Operating Income (excl Interest)	2.5B	1.1B	1.0B	912.0M	—
EBT (Pre-Tax Income)	(1.5B)	(680.0M)	(654.0M)	(353.0M)	(1.3B)
Income Tax Expense	71.0M	61.0M	103.0M	234.0M	42.0M
Bottom Line
Net Income	(1.6B)	(729.0M)	(737.0M)	(562.0M)	(1.3B)
Earnings from Cont. Ops	(1.6B)	(741.0M)	(757.0M)	(587.0M)	(1.4B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(1.6B)	(729.0M)	(737.0M)	(562.0M)	(1.3B)
Per Share
Basic EPS	(CN¥0.24)	(CN¥0.11)	(CN¥0.11)	(CN¥0.09)	(CN¥0.21)
Diluted EPS	(CN¥0.24)	(CN¥0.11)	(CN¥0.11)	(CN¥0.09)	(CN¥0.21)
Revenue Per Share	CN¥0.71	CN¥0.35	CN¥0.37	CN¥0.37	CN¥0.36
Shares
Basic Shares Outstanding	6.5B	6.5B	6.4B	6.3B	6.2B
Diluted Shares Outstanding	6.5B	6.5B	6.4B	6.3B	6.2B
Profitability Metrics
EBITDA	1.4B	946.0M	1.1B	1.2B	675.0M
D&A	635.0M	151.0M	144.0M	313.0M	370.0M
EBIT	809.0M	795.0M	964.0M	925.0M	305.0M

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 Jun 1, 2026