Income Statement Samfine Creation Holdings Group Limited Nasdaq

Stocks

SFHG

KYG7785M1188

Commercial Printing Services

End-of-day quote Nasdaq 02/03/2026			5-day change	1st Jan Change
2.730 ^USD	-6.19%		-9.12%	-25.70%

03-27	Samfine Creation Holdings Group Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI
03-03	Samfine Creation Holdings Group Limited Secures Domestic Printing Permit, Expands Access to PRC Publication Market	CI

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Published financial data: SAMFINE CREATION HOLDINGS GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Revenues	162M	129M	117M	153M	170M
Total Revenues	162M	129M	117M	153M	170M
Cost of Goods Sold, Total	134M	101M	85.91M	121M	138M
Gross Profit	27.91M	27.72M	31.36M	32.87M	32.03M
Selling General & Admin Expenses, Total	22.12M	26.64M	33.31M	35.18M	53.63M
Other Operating Expenses, Total	22.12M	26.64M	33.31M	35.18M	53.63M
Operating Income	5.79M	1.08M	-1.95M	-2.31M	-21.6M
Interest Expense, Total	-1.67M	-1.69M	-1.47M	-1.25M	-1.3M
Interest And Investment Income	101K	161K	-	135K	83.51K
Net Interest Expenses	-1.57M	-1.53M	-1.47M	-1.12M	-1.22M
Currency Exchange Gains (Loss)	-1.15M	2.81M	-1.32M	1.12M	970K
Other Non Operating Income (Expenses)	-21.64K	1.78M	522K	262K	-60.9K
EBT, Excl. Unusual Items	3.05M	4.14M	-4.21M	-2.04M	-21.9M
Gain (Loss) On Sale Of Assets	-156K	-486K	-67.42K	-181K	1.86M
Other Unusual Items	297K	-	-	492K	499K
EBT, Incl. Unusual Items	3.19M	3.65M	-4.28M	-1.73M	-19.55M
Income Tax Expense	381K	-	-894K	927K	268K
Earnings From Continuing Operations	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Net Income to Company	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Net Income - (IS)	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Net Income to Common Incl Extra Items	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Net Income to Common Excl. Extra Items	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Per Share Items
Net EPS - Basic	0.78	1.01	-0.94	-0.72	-4.88
Basic EPS - Continuing Operations	0.78	1.01	-0.94	-0.72	-4.88
Basic Weighted Average Shares Outstanding	3.6M	3.6M	3.6M	3.7M	4.06M
Net EPS - Diluted	0.78	1.01	-0.94	-0.72	-4.88
Diluted EPS - Continuing Operations	0.78	1.01	-0.94	-0.72	-4.88
Diluted Weighted Average Shares Outstanding	3.6M	3.6M	3.6M	3.7M	4.06M
Normalized Basic EPS	0.53	0.72	-0.73	-0.35	-3.37
Normalized Diluted EPS	0.53	0.72	-0.73	-0.35	-3.37
Payout Ratio	256.34	-	-	-	-
Supplemental Items
EBITDA	10.08M	5.48M	1.23M	625K	-18.48M
EBITA	6.19M	1.43M	-1.87M	-2.19M	-21.45M
EBIT	5.79M	1.08M	-1.95M	-2.31M	-21.6M
EBITDAR	14.81M	10.02M	5.74M	9.49M	-8.8M
Effective Tax Rate - (Ratio)	11.95	-	20.89	-53.43	-1.37
Current Domestic Taxes	401K	-	14.23K	9	43.77K
Total Current Taxes	401K	-	14.23K	9	43.77K
Deferred Domestic Taxes	-19.89K	-	-909K	926K	225K
Total Deferred Taxes	-19.89K	-	-909K	926K	225K
Normalized Net Income	1.91M	2.59M	-2.63M	-1.28M	-13.69M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	3.86M	6.8M
Selling and Marketing Expenses	10.92M	9.51M	7.82M	13.94M	17.8M
General and Administrative Expenses	11.19M	17.13M	25.49M	17.06M	31.3M
Research And Development Expense From Footnotes	-	709K	6M	4.54M	6.45M
Net Rental Expense, Total	4.73M	4.53M	4.51M	8.86M	9.68M
Imputed Operating Lease Interest Expense	1.29M	1.55M	1.76M	3.44M	2.38M
Imputed Operating Lease Depreciation	3.44M	2.98M	2.75M	5.42M	7.3M
Maintenance & Repair Expenses, Total	-	-	-	2.45M	3.02M

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Assets
Cash And Equivalents	11.61M	25.44M	17.35M	44.64M	31.17M
Short Term Investments	415K	439K	576K	421K	471K
Total Cash And Short Term Investments	12.03M	25.88M	17.93M	45.06M	31.64M
Accounts Receivable, Total	55.2M	19.63M	31.67M	23.74M	29.26M
Total Receivables	55.2M	19.63M	31.67M	23.74M	29.26M
Inventory	17.02M	5.71M	8.29M	11.76M	12.85M
Prepaid Expenses	-	-	-	14.2M	7.48M
Restricted Cash	11.06M	11.06M	6.35M	14.55M	15.02M
Other Current Assets, Total	12.71M	9.97M	13.38M	8.21M	5.85M
Total Current Assets	108M	72.24M	77.62M	118M	102M
Gross Property Plant And Equipment	77.05M	65.41M	59.23M	67.74M	92.12M
Accumulated Depreciation	-41.78M	-38.74M	-38.39M	-38.08M	-39.46M
Net Property Plant And Equipment	35.27M	26.67M	20.84M	29.66M	52.66M
Other Intangibles, Total	398K	826K	870K	675K	651K
Deferred Tax Assets Long-Term	1.73M	1.73M	2.64M	1.87M	1.5M
Other Long-Term Assets, Total	1.96M	2.02M	3.34M	14.22M	15.42M
Total Assets	147M	103M	105M	164M	172M
Liabilities
Accounts Payable, Total	70.09M	41.17M	47.49M	54.39M	53.96M
Accrued Expenses, Total	5.07M	2.54M	5.65M	3.65M	3.64M
Short-term Borrowings	-	-	2.03M	246K	100K
Current Portion of Long-Term Debt	12.58M	9.65M	9.56M	13.4M	23.55M
Current Portion of Leases	5.3M	4.74M	4.07M	2.27M	5.11M
Current Income Taxes Payable	2.28M	-	10.1K	-	341K
Unearned Revenue Current, Total	682K	1.12M	1.54M	7.53M	908K
Other Current Liabilities	137K	173K	11.46K	1.58M	1.56M
Total Current Liabilities	96.14M	59.39M	70.36M	83.07M	89.17M
Long-Term Debt	17.26M	13.31M	10.51M	3.78M	10.78M
Long-Term Leases	10.92M	5.24M	1.09M	4.69M	20.57M
Deferred Tax Liability Non Current	-	-	-	157K	6.53K
Total Liabilities	124M	77.94M	81.97M	91.69M	121M
Common Stock, Total	8.78K	8.78K	8.78K	9.89K	9.89K
Additional Paid In Capital	15.49M	15.49M	15.49M	68.65M	68.65M
Retained Earnings	3.11M	6.76M	3.38M	717K	-19.1M
Comprehensive Income and Other	4.45M	3.28M	4.47M	2.86M	2.24M
Total Common Equity	23.07M	25.54M	23.34M	72.23M	51.8M
Total Equity	23.07M	25.54M	23.34M	72.23M	51.8M
Total Liabilities And Equity	147M	103M	105M	164M	172M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.6M	3.6M	3.6M	4.06M	4.06M
ECS Total Common Shares Outstanding	3.6M	3.6M	3.6M	4.06M	4.06M
Book Value / Share	6.41	7.1	6.48	17.79	12.76
Tangible Book Value	22.67M	24.72M	22.47M	71.56M	51.15M
Tangible Book Value Per Share	6.3	6.87	6.24	17.63	12.6
Total Debt	46.05M	32.94M	27.27M	24.39M	60.11M
Net Debt	34.02M	7.06M	9.35M	-20.67M	28.47M
Debt Equivalent Oper. Leases	37.87M	36.26M	36.05M	70.91M	77.44M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.88M	2.21M	1.64M	2.02M	3.77M
Inventories - Work In Process, Total	9.4M	3.23M	2.77M	7.07M	3.75M
Inventories - Finished Goods, Total	3.74M	267K	3.88M	2.67M	5.33M
Machinery, Total	62.84M	56.23M	54.21M	60.78M	66.44M
Full Time Employees	-	-	-	-	226
Accumulated Allowance for Doubtful Accounts (Supple)	2.29M	3.17M	7.7M	491K	597K

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Net Income	2.81M	3.65M	-3.39M	-2.66M	-19.82M
Depreciation & Amortization - CF	3.89M	4.06M	3.1M	2.81M	2.97M
Amortization of Goodwill and Intangible Assets - (CF)	396K	350K	82.18K	124K	148K
Depreciation & Amortization, Total	4.29M	4.41M	3.18M	2.94M	3.11M
(Gain) Loss From Sale Of Asset	156K	486K	67.42K	189K	-1.86M
Provision and Write-off of Bad Debts	121K	879K	4.92M	-322K	106K
Other Operating Activities, Total	87.61K	-	268K	20.72K	-
Change In Accounts Receivable	-20.31M	34.7M	-16.96M	8.26M	-5.63M
Change In Inventories	-2.79M	11.32M	-2.86M	-3.48M	-1.09M
Change In Accounts Payable	21.97M	-28.86M	6.35M	7.28M	-1.67M
Change In Income Taxes	-293K	-2.28M	2.09K	-2.09K	-278K
Change In Deferred Taxes	-19.89K	-	-909K	926K	225K
Change in Other Net Operating Assets	112K	-4.39M	2.38M	-25.07M	5.83M
Cash from Operations	6.13M	19.92M	-6.96M	-11.93M	-21.06M
Capital Expenditure	-3.94M	-3.41M	-3.1M	-10.65M	-11.22M
Sale of Property, Plant, and Equipment	2.33M	355K	1.31M	209K	2.5M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-1.56M	-	-
Cash from Investing	-1.61M	-3.05M	-3.35M	-10.44M	-8.72M
Short Term Debt Issued, Total	-	5.05M	2.84M	2.09M	-
Long-Term Debt Issued, Total	12.27M	19.93M	8.99M	16.09M	36.27M
Total Debt Issued	12.27M	24.97M	11.83M	18.17M	36.27M
Short Term Debt Repaid, Total	-1.13M	-	-	-1.79M	-146K
Long-Term Debt Repaid, Total	-17.07M	-28.01M	-12.53M	-19.13M	-19.33M
Total Debt Repaid	-18.2M	-28.01M	-12.53M	-20.91M	-19.47M
Issuance of Common Stock	-	-	-	63.95M	-
Common Dividends Paid	-7.2M	-	-	-	-
Common & Preferred Stock Dividends Paid	-7.2M	-	-	-	-
Other Financing Activities, Total	-	-	-1.8M	-3.34M	-
Cash from Financing	-13.13M	-3.04M	-2.5M	57.86M	16.8M
Miscellaneous Cash Flow Adjustments	-	-	-	-	3M
Net Change in Cash	-8.61M	13.83M	-12.8M	35.49M	-9.99M
Supplemental Items
Cash Interest Paid	1.67M	1.69M	1.47M	1.25M	1.3M
Cash Income Tax Paid (Refund)	720K	2.28M	8K	2.1K	278K
Levered Free Cash Flow	-4.4M	16.99M	-5.66M	-10.24M	-27.17M
Unlevered Free Cash Flow	-3.35M	18.05M	-4.74M	-9.46M	-26.35M
Change In Net Working Capital	7.31M	-16.38M	3.6M	299K	4.75M
Net Debt Issued / Repaid	-5.93M	-3.04M	-695K	-2.74M	16.8M

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Profitability
Return on Assets	2.57	0.54	-1.17	-1.07	-8.03
Return on Total Capital	4.93	1.06	-2.23	-1.96	-12.95
Return On Equity %	11.48	15.02	-13.86	-5.57	-31.95
Return on Common Equity	11.48	15.02	-13.86	-5.57	-31.95
Margin Analysis
Gross Profit Margin %	17.28	21.48	26.74	21.42	18.87
SG&A Margin	13.69	20.64	28.4	22.92	31.59
EBITDA Margin %	6.24	4.25	1.05	0.41	-10.89
EBITA Margin %	3.83	1.11	-1.59	-1.42	-12.63
EBIT Margin %	3.58	0.84	-1.66	-1.51	-12.72
Income From Continuing Operations Margin %	1.74	2.83	-2.89	-1.73	-11.67
Net Income Margin %	1.74	2.83	-2.89	-1.73	-11.67
Net Avail. For Common Margin %	1.74	2.83	-2.89	-1.73	-11.67
Normalized Net Income Margin	1.18	2	-2.25	-0.83	-8.06
Levered Free Cash Flow Margin	-2.72	13.16	-4.82	-6.67	-16
Unlevered Free Cash Flow Margin	-2.08	13.98	-4.04	-6.16	-15.52
Asset Turnover
Asset Turnover	1.15	1.03	1.12	1.14	1.01
Fixed Assets Turnover	4.4	4.17	4.94	6.08	4.12
Receivables Turnover (Average Receivables)	3.63	3.45	4.57	5.54	6.41
Inventory Turnover (Average Inventory)	8.52	8.92	12.27	12.03	11.2
Short Term Liquidity
Current Ratio	1.12	1.22	1.1	1.41	1.14
Quick Ratio	0.7	0.77	0.7	0.83	0.68
Operating Cash Flow to Current Liabilities	0.06	0.34	-0.1	-0.14	-0.24
Days Sales Outstanding (Average Receivables)	100.58	105.81	79.83	66.06	56.96
Days Outstanding Inventory (Average Inventory)	42.82	40.93	29.74	30.42	32.6
Average Days Payable Outstanding	158.3	225.53	182.83	150.25	142.42
Cash Conversion Cycle (Average Days)	-14.9	-78.8	-73.26	-53.77	-52.86
Long Term Solvency
Total Debt/Equity	199.65	128.93	116.84	33.76	116.04
Total Debt / Total Capital	66.63	56.32	53.88	25.24	53.71
LT Debt/Equity	122.16	72.61	49.73	11.72	60.52
Long-Term Debt / Total Capital	40.77	31.72	22.93	8.76	28.01
Total Liabilities / Total Assets	84.35	75.31	77.83	55.94	69.94
EBIT / Interest Expense	3.46	0.64	-1.32	-1.84	-16.61
EBITDA / Interest Expense	8.86	5.92	3.9	7.57	-6.77
(EBITDA - Capex) / Interest Expense	6.5	3.9	1.8	-0.93	-15.4
Total Debt / EBITDA	3.11	3.29	4.75	2.57	-6.83
Net Debt / EBITDA	2.3	0.7	1.63	-2.18	-3.23
Total Debt / (EBITDA - Capex)	4.24	4.98	10.33	-20.93	-3
Net Debt / (EBITDA - Capex)	3.13	1.07	3.54	17.74	-1.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	32.37	-20.08	-9.15	30.89	10.62
Gross Profit, 1 Yr. Growth %	12.02	-0.67	13.13	9.83	-2.55
EBITDA, 1 Yr. Growth %	-10.5	-45.58	-77.57	-49.18	-3.06K
EBITA, 1 Yr. Growth %	-19.17	-76.91	-230.62	17.17	881.14
EBIT, 1 Yr. Growth %	-22.29	-81.38	-280.68	18.6	834.81
Earnings From Cont. Operations, 1 Yr. Growth %	-41.05	30	-192.75	-21.45	644.83
Net Income, 1 Yr. Growth %	-41.05	30	-192.75	-21.45	644.83
Normalized Net Income, 1 Yr. Growth %	-17.96	35.71	-291.89	-54.87	971.2
Diluted EPS Before Extra, 1 Yr. Growth %	-41.05	30	-192.75	-23.49	578.01
Accounts Receivable, 1 Yr. Growth %	63.31	-64.45	61.37	-25.05	23.25
Inventory, 1 Yr. Growth %	18.85	-66.48	45.35	41.77	9.29
Net Property, Plant and Equip., 1 Yr. Growth %	-7.67	-24.37	-21.87	42.33	77.56
Total Assets, 1 Yr. Growth %	10.22	-29.79	1.77	55.66	5.12
Tangible Book Value, 1 Yr. Growth %	-9.87	9.05	-9.08	218.42	-28.52
Common Equity, 1 Yr. Growth %	-10.83	10.75	-8.62	209.45	-28.28
Cash From Operations, 1 Yr. Growth %	33.65	224.89	-127.14	71.56	76.53
Capital Expenditures, 1 Yr. Growth %	85.17	-13.63	-9.14	244.13	5.3
Levered Free Cash Flow, 1 Yr. Growth %	-	-486.5	-133.38	81.06	165.17
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-638.52	-126.31	99.65	178.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	2.85	-14.79	9.05	20.33
Gross Profit, 2 Yr. CAGR %	-	5.48	6.01	11.08	3.45
EBITDA, 2 Yr. CAGR %	-	-30.21	-65.07	-66.24	287.68
EBITA, 2 Yr. CAGR %	-	-56.8	-45.08	23.71	239.06
EBIT, 2 Yr. CAGR %	-	-61.96	-42	46.39	232.98
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-12.46	9.81	-14.64	141.88
Net Income, 2 Yr. CAGR %	-	-12.46	9.81	-14.64	141.88
Normalized Net Income, 2 Yr. CAGR %	-	5.52	17.56	-3.5	119.86
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-12.46	9.81	-15.76	127.77
Accounts Receivable, 2 Yr. CAGR %	-	-23.8	-24.26	9.98	-3.89
Inventory, 2 Yr. CAGR %	-	-36.89	-30.2	43.55	24.47
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-16.44	-23.13	5.45	58.97
Total Assets, 2 Yr. CAGR %	-	-12.03	-15.47	25.86	27.92
Tangible Book Value, 2 Yr. CAGR %	-	-0.86	-0.43	70.15	50.87
Common Equity, 2 Yr. CAGR %	-	-0.62	0.6	68.16	48.97
Cash From Operations, 2 Yr. CAGR %	-	108.38	6.51	-31.76	74.02
Capital Expenditures, 2 Yr. CAGR %	-	26.46	-11.41	76.83	90.36
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	13.45	-22.26	119.12
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	18.91	-27.52	135.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-1.31	-1.68	9.57
Gross Profit, 3 Yr. CAGR %	-	-	7.97	5.61	6.34
EBITDA, 3 Yr. CAGR %	-	-	-52.2	-60.42	49.93
EBITA, 3 Yr. CAGR %	-	-	-37.53	-29.3	146.71
EBIT, 3 Yr. CAGR %	-	-	-36.05	-26.38	171.59
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-10.75	-1.79	75.73
Net Income, 3 Yr. CAGR %	-	-	-10.75	-1.79	75.73
Normalized Net Income, 3 Yr. CAGR %	-	-	4.28	-12.47	115.26
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-10.75	-2.65	68.82
Accounts Receivable, 3 Yr. CAGR %	-	-	-2.15	-24.52	14.23
Inventory, 3 Yr. CAGR %	-	-	-16.65	-11.61	31.08
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-18.29	-5.61	25.45
Total Assets, 3 Yr. CAGR %	-	-	-7.65	3.61	18.53
Tangible Book Value, 3 Yr. CAGR %	-	-	-3.68	46.7	27.43
Common Equity, 3 Yr. CAGR %	-	-	-3.36	46.3	26.58
Cash From Operations, 3 Yr. CAGR %	-	-	14.88	24.85	-6.32
Capital Expenditures, 3 Yr. CAGR %	-	-	13.26	39.26	48.77
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	32.58	17.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	41.33	13.53
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	6.83
Gross Profit, 5 Yr. CAGR %	-	-	-	-	5.16
EBITDA, 5 Yr. CAGR %	-	-	-	-	10.42
EBITA, 5 Yr. CAGR %	-	-	-	-	22.89
EBIT, 5 Yr. CAGR %	-	-	-	-	23.72
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	32.98
Net Income, 5 Yr. CAGR %	-	-	-	-	32.98
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	42.59
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	29.82
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-2.85
Inventory, 5 Yr. CAGR %	-	-	-	-	-2.15
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	6.63
Total Assets, 5 Yr. CAGR %	-	-	-	-	5.2
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	15.26
Common Equity, 5 Yr. CAGR %	-	-	-	-	14.9
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	35.64
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	39.41