SHENGHUI CLEANNESS GROUP HOLDINGS LIMITED

Income Statement Shenghui Cleanness Group Holdings Limited

Stocks

2521

KYG8117S1049

Business Support Services

Delayed Hong Kong S.E. 07:06:16 19/08/2026 +04			5-day change	1st Jan Change
0.9700 ^HKD	-3.00%		0.00%	+56.45%

07-31	Shenghui Cleanness Group Holdings Limited and Research Institute of Tsinghua University in Shenzhen Enter Cooperation Agreement for Joint Innovation Centre	CI
07-17	Shenghui Cleanness Group Holdings Limited and Hanshu Capital Company Limited Enter into Cooperation Intention Framework Agreement	CI

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Published financial data: SHENGHUI CLEANNESS GROUP HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	564M	594M	630M	674M	695M
Total Revenues	564M	594M	630M	674M	695M
Cost of Goods Sold, Total	474M	500M	537M	573M	577M
Gross Profit	89.24M	94.41M	93.44M	101M	118M
Selling General & Admin Expenses, Total	48.11M	55.04M	66.25M	72.09M	73.28M
Provision for Bad Debts	-	-	-	10.52M	10.19M
Other Operating Expenses	-4.82M	-924K	-5.66M	-4.28M	-2.17M
Other Operating Expenses, Total	43.29M	54.12M	60.59M	78.33M	81.3M
Operating Income	45.96M	40.29M	32.86M	22.37M	37.06M
Interest Expense, Total	-496K	-575K	-597K	-1M	-1.85M
Interest And Investment Income	92K	153K	131K	2.46M	3.59M
Net Interest Expenses	-404K	-422K	-466K	1.45M	1.74M
Income (Loss) On Equity Invest.	-	-	-	-	2.73M
Currency Exchange Gains (Loss)	-	-	-	-1.85M	1.34M
EBT, Excl. Unusual Items	45.55M	39.87M	32.39M	21.97M	42.88M
Gain (Loss) On Sale Of Investments	-	-	-	37.26M	-22.18M
Gain (Loss) On Sale Of Assets	-3K	-	-	-	1.4M
Insurance Settlements	-	-	-	-	1.98M
Other Unusual Items	-	-	-	-	-8K
EBT, Incl. Unusual Items	45.55M	39.87M	32.39M	59.23M	24.07M
Income Tax Expense	5.63M	5.48M	4.5M	10M	-1.09M
Earnings From Continuing Operations	39.92M	34.39M	27.89M	49.23M	25.16M
Net Income to Company	39.92M	34.39M	27.89M	49.23M	25.16M
Minority Interest	-	-	-	-	1.36M
Net Income - (IS)	39.92M	34.39M	27.89M	49.23M	26.52M
Net Income to Common Incl Extra Items	39.92M	34.39M	27.89M	49.23M	26.52M
Net Income to Common Excl. Extra Items	39.92M	34.39M	27.89M	49.23M	26.52M
Per Share Items
Net EPS - Basic	-	0.03	0.02	0.03	0.01
Basic EPS - Continuing Operations	-	0.03	0.02	0.03	0.01
Basic Weighted Average Shares Outstanding	-	1.25B	1.28B	1.63B	1.86B
Net EPS - Diluted	-	0.03	0.02	0.03	0.01
Diluted EPS - Continuing Operations	-	0.03	0.02	0.03	0.01
Diluted Weighted Average Shares Outstanding	-	1.25B	1.28B	1.63B	1.86B
Normalized Basic EPS	-	0.02	0.02	0.01	0.02
Normalized Diluted EPS	-	0.02	0.02	0.01	0.02
Payout Ratio	70.59	-	-	-	-
Supplemental Items
EBITDA	49.62M	44.01M	36.68M	28.01M	42.87M
EBITA	45.96M	40.29M	32.86M	22.37M	37.06M
EBIT	45.96M	40.29M	32.86M	22.37M	37.06M
EBITDAR	49.76M	46.18M	40.06M	31.9M	43.98M
Effective Tax Rate - (Ratio)	12.36	13.74	13.9	16.89	-4.55
Current Domestic Taxes	6.16M	6.11M	4.61M	5.04M	6.9M
Total Current Taxes	6.16M	6.11M	4.61M	5.04M	6.9M
Deferred Domestic Taxes	-530K	-629K	-110K	4.96M	-7.99M
Total Deferred Taxes	-530K	-629K	-110K	4.96M	-7.99M
Normalized Net Income	28.47M	24.92M	20.24M	13.73M	28.16M
Interest on Long-Term Debt	441K	427K	412K	517K	759K
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.08M	3.98M	5.15M	4.02M	2.48M
General and Administrative Expenses	44.89M	48.88M	61.1M	68.07M	76.98M
Net Rental Expense, Total	144K	2.18M	3.38M	3.88M	1.11M
Imputed Operating Lease Interest Expense	45.42K	812K	2.28M	936K	232K
Imputed Operating Lease Depreciation	98.58K	1.36M	1.1M	2.95M	877K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	52.19M	54.72M	149M	91.11M	67.88M
Short Term Investments	8.72M	5.95M	4.26M	3.65M	18.26M
Total Cash And Short Term Investments	60.91M	60.67M	153M	94.76M	86.14M
Accounts Receivable, Total	167M	208M	232M	268M	312M
Other Receivables	11.59M	9.95M	5.46M	5.3M	24.15M
Total Receivables	178M	217M	238M	273M	336M
Prepaid Expenses	2.17M	1.91M	3.24M	3.5M	17.89M
Other Current Assets, Total	6.64M	5.39M	6.03M	8.87M	230K
Total Current Assets	248M	285M	400M	381M	441M
Gross Property Plant And Equipment	33.01M	34.94M	39.31M	83.21M	111M
Accumulated Depreciation	-17.26M	-20.47M	-23.67M	-29.1M	-33.63M
Net Property Plant And Equipment	15.74M	14.48M	15.64M	54.11M	77.03M
Long-term Investments	-	-	-	101M	106M
Goodwill	-	-	-	-	2.6M
Other Intangibles, Total	-	-	-	-	3.77M
Deferred Tax Assets Long-Term	4.34M	4.96M	5.08M	6.65M	8.11M
Other Long-Term Assets, Total	10.17M	11.31M	19.77M	27.9M	33.26M
Total Assets	278M	316M	440M	570M	672M
Liabilities
Accounts Payable, Total	32.67M	31.51M	31.19M	19.99M	31.08M
Accrued Expenses, Total	58.37M	65.07M	61.72M	58.22M	-
Short-term Borrowings	10.01M	-	-	39.71M	66.7M
Current Portion of Leases	668K	676K	701K	5.76M	6.07M
Current Income Taxes Payable	19.24M	20.19M	20.9M	16.26M	17.68M
Unearned Revenue Current, Total	-	-	-	-	1.73M
Other Current Liabilities	7.7M	15.17M	20.79M	24.66M	78.66M
Total Current Liabilities	129M	133M	135M	165M	202M
Long-Term Leases	6.77M	6.52M	6.23M	14.28M	8.92M
Deferred Tax Liability Non Current	-	-	-	6.54M	-
Other Non Current Liabilities	-	-	-	-	1.43M
Total Liabilities	135M	139M	142M	185M	212M
Common Stock, Total	-	-	14.73M	15.95M	17.72M
Additional Paid In Capital	4M	4M	83.17M	119M	161M
Retained Earnings	140M	174M	202M	251M	278M
Comprehensive Income and Other	-1.21M	-1.21M	-1.21M	-1.21M	-1.69M
Total Common Equity	143M	177M	299M	385M	455M
Minority Interest	-	-	-	-	4.69M
Total Equity	143M	177M	299M	385M	459M
Total Liabilities And Equity	278M	316M	440M	570M	672M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	1.25B	1.62B	1.76B	1.95B
ECS Total Common Shares Outstanding	-	1.25B	1.62B	1.76B	1.95B
Book Value / Share	-	0.14	0.18	0.22	0.23
Tangible Book Value	143M	177M	299M	385M	448M
Tangible Book Value Per Share	-	0.14	0.18	0.22	0.23
Total Debt	17.45M	7.2M	6.94M	59.75M	81.69M
Net Debt	-43.46M	-53.47M	-146M	-35.01M	-4.45M
Debt Equivalent Oper. Leases	1.15M	17.4M	27.05M	31.05M	8.87M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	4.69M
Equity Method Investments, Total	-	-	-	-	92.29M
Account Code - Inventory Valuation	-	3	3	3	3
Buildings, Total	7.5M	7.5M	7.5M	8.18M	8.18M
Machinery, Total	25.51M	27.45M	31.82M	53.91M	57.98M
Full Time Employees	-	6.35K	7.09K	8.16K	7.9K
Accumulated Allowance for Doubtful Accounts (Supple)	9.09M	13.27M	14M	24.52M	35.91M
Order Backlog	495M	538M	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	39.92M	34.39M	27.89M	49.23M	26.52M
Depreciation & Amortization - CF	3.8M	3.72M	3.82M	7.21M	11.46M
Depreciation & Amortization, Total	3.8M	3.72M	3.82M	7.21M	11.46M
(Gain) Loss From Sale Of Asset	3K	-	-	-	-1.4M
(Gain) Loss on Sale of Investments - (CF)	2.33M	4.18M	731K	-26.74M	32.37M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-2.73M
Other Operating Activities, Total	1.86M	742K	1.07M	2.12M	-13.07M
Change In Accounts Receivable	-35.61M	-44.52M	-23.01M	-69.47M	-39.84M
Change In Accounts Payable	2.62M	7.27M	-3.63M	-15.44M	9.02M
Cash from Operations	14.93M	5.78M	6.87M	-53.1M	22.34M
Capital Expenditure	-4.07M	-1.94M	-11.73M	-18.72M	-54.6M
Sale of Property, Plant, and Equipment	-	-	6K	-	50K
Cash Acquisitions	-	-	-	-	-9M
Divestitures	-	-	-	-	32K
Sale (Purchase) of Intangible assets	-	-	-	-	-3.77M
Investment in Marketable and Equity Securities, Total	-	-	-	-63.9M	-22.81M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-1.15M
Other Investing Activities, Total	-3.35M	3.76M	94K	2.85M	-17M
Cash from Investing	-7.42M	1.82M	-11.63M	-79.77M	-108M
Long-Term Debt Issued, Total	10.01M	-	9.47M	97.1M	101M
Total Debt Issued	10.01M	-	9.47M	97.1M	101M
Long-Term Debt Repaid, Total	-274K	-10.25M	-9.74M	-58.9M	-79.01M
Total Debt Repaid	-274K	-10.25M	-9.74M	-58.9M	-79.01M
Issuance of Common Stock	4.25M	-	108M	37.42M	44.3M
Repurchase of Common Stock	-12.32M	-	-	-	-
Common Dividends Paid	-28.18M	-	-	-	-
Common & Preferred Stock Dividends Paid	-28.18M	-	-	-	-
Other Financing Activities, Total	3.77M	5.18M	-9.51M	-204K	-3.12M
Cash from Financing	-22.75M	-5.07M	98.61M	75.41M	62.69M
Foreign Exchange Rate Adjustments	-	-	-	-12K	-4K
Net Change in Cash	-15.25M	2.53M	93.85M	-57.46M	-23.22M
Supplemental Items
Cash Interest Paid	496K	575K	597K	1M	1.85M
Cash Income Tax Paid (Refund)	4.18M	5.16M	3.9M	7.42M	10.63M
Levered Free Cash Flow	3.1M	2.72M	-7.36M	-52.33M	-83.75M
Unlevered Free Cash Flow	3.41M	3.08M	-6.99M	-51.7M	-82.59M
Change In Net Working Capital	25.04M	23.88M	19.62M	54.18M	58.84M
Net Debt Issued / Repaid	9.74M	-10.25M	-265K	38.2M	21.51M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.76	8.48	5.43	2.77	3.73
Return on Total Capital	18.58	14.63	8.38	3.73	4.7
Return On Equity %	28.11	21.51	11.72	14.4	5.96
Return on Common Equity	28.11	21.51	11.72	14.4	6.32
Margin Analysis
Gross Profit Margin %	15.84	15.89	14.83	14.95	17.03
SG&A Margin	8.54	9.26	10.51	10.7	10.55
EBITDA Margin %	8.81	7.41	5.82	4.16	6.17
EBITA Margin %	8.16	6.78	5.21	3.32	5.33
EBIT Margin %	8.16	6.78	5.21	3.32	5.33
Income From Continuing Operations Margin %	7.08	5.79	4.43	7.31	3.62
Net Income Margin %	7.08	5.79	4.43	7.31	3.82
Net Avail. For Common Margin %	7.08	5.79	4.43	7.31	3.82
Normalized Net Income Margin	5.05	4.19	3.21	2.04	4.05
Levered Free Cash Flow Margin	0.55	0.46	-1.17	-7.77	-12.05
Unlevered Free Cash Flow Margin	0.61	0.52	-1.11	-7.68	-11.88
Asset Turnover
Asset Turnover	2.11	2	1.67	1.33	1.12
Fixed Assets Turnover	36.72	39.33	41.84	19.31	10.6
Receivables Turnover (Average Receivables)	3.73	3.18	2.87	2.69	2.39
Short Term Liquidity
Current Ratio	1.93	2.15	2.96	2.31	2.18
Quick Ratio	1.86	2.1	2.89	2.24	2.09
Operating Cash Flow to Current Liabilities	0.12	0.04	0.05	-0.32	0.11
Days Sales Outstanding (Average Receivables)	97.85	114.87	127.37	135.95	152.52
Average Days Payable Outstanding	23.53	23.44	21.32	16.35	16.17
Long Term Solvency
Total Debt/Equity	12.23	4.07	2.32	15.52	17.79
Total Debt / Total Capital	10.9	3.91	2.27	13.44	15.1
LT Debt/Equity	4.75	3.69	2.09	3.71	1.94
Long-Term Debt / Total Capital	4.23	3.54	2.04	3.21	1.65
Total Liabilities / Total Assets	48.7	44.01	32.14	32.51	31.61
EBIT / Interest Expense	92.66	70.07	55.04	22.26	20.04
EBITDA / Interest Expense	100.32	76.54	61.44	29.44	26.24
(EBITDA - Capex) / Interest Expense	92.11	73.17	41.79	10.81	-3.29
Total Debt / EBITDA	0.35	0.16	0.19	2.02	1.68
Net Debt / EBITDA	-0.87	-1.21	-3.98	-1.18	-0.09
Total Debt / (EBITDA - Capex)	0.38	0.17	0.28	5.5	-13.44
Net Debt / (EBITDA - Capex)	-0.95	-1.27	-5.85	-3.22	0.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.02	5.44	6.05	6.88	3.17
Gross Profit, 1 Yr. Growth %	11.67	5.79	-1.02	7.76	17.54
EBITDA, 1 Yr. Growth %	-0.28	-11.31	-16.66	-23.62	57.05
EBITA, 1 Yr. Growth %	-1.59	-12.33	-18.45	-31.91	71.14
EBIT, 1 Yr. Growth %	-1.59	-12.33	-18.45	-31.91	71.14
Earnings From Cont. Operations, 1 Yr. Growth %	27.49	-13.86	-18.9	76.51	-48.88
Net Income, 1 Yr. Growth %	27.49	-13.86	-18.9	76.51	-46.12
Normalized Net Income, 1 Yr. Growth %	-0.64	-12.48	-18.76	-32.16	111.96
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-20.65	38.33	-52.77
Accounts Receivable, 1 Yr. Growth %	22.75	24.62	11.95	15.4	16.35
Net Property, Plant and Equip., 1 Yr. Growth %	5.24	-8.03	8.07	245.85	42.36
Total Assets, 1 Yr. Growth %	8.71	13.7	39.28	29.51	17.75
Tangible Book Value, 1 Yr. Growth %	0.85	24.11	68.79	28.81	16.45
Common Equity, 1 Yr. Growth %	0.85	24.11	68.79	28.81	18.1
Cash From Operations, 1 Yr. Growth %	-32.24	-61.28	18.91	-872.67	-142.08
Capital Expenditures, 1 Yr. Growth %	-5.96	-52.42	505.26	59.56	191.73
Levered Free Cash Flow, 1 Yr. Growth %	-	-12.24	-370.28	610.81	58.67
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-9.68	-326.68	639.78	58.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	12.96	5.75	6.47	5.01
Gross Profit, 2 Yr. CAGR %	-	8.69	2.33	3.28	12.55
EBITDA, 2 Yr. CAGR %	-	-5.96	-14.02	-20.22	8.11
EBITA, 2 Yr. CAGR %	-	-7.12	-15.45	-25.48	6.2
EBIT, 2 Yr. CAGR %	-	-7.12	-15.45	-25.48	6.2
Earnings From Cont. Operations, 2 Yr. CAGR %	-	4.8	-16.42	19.64	-5.01
Net Income, 2 Yr. CAGR %	-	4.8	-16.42	19.64	-2.48
Normalized Net Income, 2 Yr. CAGR %	-	-6.75	-15.68	-25.76	17.94
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	4.77	-19.17
Accounts Receivable, 2 Yr. CAGR %	-	23.68	18.12	13.66	15.95
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-1.62	-0.31	93.33	121.89
Total Assets, 2 Yr. CAGR %	-	11.18	25.84	34.31	23.49
Tangible Book Value, 2 Yr. CAGR %	-	11.88	44.74	47.45	22.47
Common Equity, 2 Yr. CAGR %	-	11.88	44.74	47.45	23.34
Cash From Operations, 2 Yr. CAGR %	-	-48.78	-32.15	203.12	80.31
Capital Expenditures, 2 Yr. CAGR %	-	-33.11	69.7	210.76	115.75
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	54.01	338.31	237.27
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	43.08	309.5	243.76
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	10.61	6.12	5.36
Gross Profit, 3 Yr. CAGR %	-	-	5.35	4.11	7.83
EBITDA, 3 Yr. CAGR %	-	-	-9.67	-17.35	-0.87
EBITA, 3 Yr. CAGR %	-	-	-11.06	-21.33	-2.75
EBIT, 3 Yr. CAGR %	-	-	-11.06	-21.33	-2.75
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-3.79	7.23	-9.89
Net Income, 3 Yr. CAGR %	-	-	-3.79	7.23	-8.29
Normalized Net Income, 3 Yr. CAGR %	-	-	-10.94	-21.58	4.16
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	-19.67
Accounts Receivable, 3 Yr. CAGR %	-	-	19.64	17.2	14.6
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	1.51	50.92	74.58
Total Assets, 3 Yr. CAGR %	-	-	19.85	27.05	28.54
Tangible Book Value, 3 Yr. CAGR %	-	-	28.32	39.22	36.29
Common Equity, 3 Yr. CAGR %	-	-	28.32	39.22	36.94
Cash From Operations, 3 Yr. CAGR %	-	-	-32.18	52.66	56.95
Capital Expenditures, 3 Yr. CAGR %	-	-	39.39	66.25	204.29
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	156.42	213.28
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	147.42	199.21
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	8.34
Gross Profit, 5 Yr. CAGR %	-	-	-	-	8.17
EBITDA, 5 Yr. CAGR %	-	-	-	-	-2.94
EBITA, 5 Yr. CAGR %	-	-	-	-	-4.52
EBIT, 5 Yr. CAGR %	-	-	-	-	-4.52
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-4.28
Net Income, 5 Yr. CAGR %	-	-	-	-	-3.27
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-0.35
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	18.15
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	38.79
Total Assets, 5 Yr. CAGR %	-	-	-	-	21.29
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	25.95
Common Equity, 5 Yr. CAGR %	-	-	-	-	26.3
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	0.28
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	66.01