Income Statement Left Field Printing Group Limited

Stocks

1540

BMG552191022

Commercial Printing Services

Market Closed - Hong Kong S.E. 04:08:36 2026-08-14 EDT			5-day change	1st Jan Change
0.6100 ^HKD	-0.81%		+5.17%	+40.23%

08-11	Left Field Printing Declares Special Dividend	MT
07-21	Left Field Printing Group Limited Announces Change of Registered Office Address in Bermuda	CI

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Published financial data: LEFT FIELD PRINTING GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Revenues	387M	505M	558M	526M	507M
Total Revenues	387M	505M	558M	526M	507M
Cost of Goods Sold, Total	310M	412M	444M	413M	399M
Gross Profit	77.52M	93.77M	114M	113M	108M
Selling General & Admin Expenses, Total	55.39M	73.68M	72.78M	71.88M	73.83M
Provision for Bad Debts	-	14.94M	-120K	72K	447K
Other Operating Expenses, Total	55.39M	88.63M	72.66M	71.95M	74.28M
Operating Income	22.13M	5.14M	40.95M	40.99M	33.91M
Interest Expense, Total	-1.48M	-1.08M	-1.35M	-722K	-2.03M
Interest And Investment Income	347K	3.61M	1.18M	3.58M	3.23M
Net Interest Expenses	-1.14M	2.53M	-168K	2.86M	1.2M
Currency Exchange Gains (Loss)	227K	-63K	1.13M	1.09M	-175K
Other Non Operating Income (Expenses)	2.28M	5.4M	4.28M	4.35M	6.13M
EBT, Excl. Unusual Items	23.51M	13.02M	46.2M	49.28M	41.07M
Gain (Loss) On Sale Of Investments	-	-2.64M	-	-	-
Gain (Loss) On Sale Of Assets	-	1.92M	248K	3K	4K
Insurance Settlements	1.12M	643K	694K	268K	401K
Other Unusual Items	2.23M	4.77M	-10K	4K	-
EBT, Incl. Unusual Items	26.86M	17.71M	47.13M	49.56M	41.47M
Income Tax Expense	8.51M	6.49M	13.79M	15.31M	12.93M
Earnings From Continuing Operations	18.35M	11.22M	33.33M	34.25M	28.55M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	18.35M	11.22M	33.33M	34.25M	28.55M
Net Income - (IS)	18.35M	11.22M	33.33M	34.25M	28.55M
Net Income to Common Incl Extra Items	18.35M	11.22M	33.33M	34.25M	28.55M
Net Income to Common Excl. Extra Items	18.35M	11.22M	33.33M	34.25M	28.55M
Per Share Items
Net EPS - Basic	0.04	0.02	0.07	0.07	0.06
Basic EPS - Continuing Operations	0.04	0.02	0.07	0.07	0.06
Basic Weighted Average Shares Outstanding	499M	499M	499M	499M	499M
Net EPS - Diluted	0.04	0.02	0.07	0.07	0.06
Diluted EPS - Continuing Operations	0.04	0.02	0.07	0.07	0.06
Diluted Weighted Average Shares Outstanding	499M	499M	499M	499M	499M
Normalized Basic EPS	0.03	0.02	0.06	0.06	0.05
Normalized Diluted EPS	0.03	0.02	0.06	0.06	0.05
Dividend Per Share	0.05	-	0.04	0.04	0.03
Payout Ratio	135.87	133.29	-	58.25	69.87
Supplemental Items
EBITDA	32.94M	15.12M	54.5M	56.46M	51.33M
EBITA	22.13M	5.14M	40.95M	40.99M	33.91M
EBIT	22.13M	5.14M	40.95M	40.99M	33.91M
EBITDAR	35.68M	17.96M	56.94M	58.28M	53.01M
Effective Tax Rate - (Ratio)	31.69	36.64	29.27	30.9	31.17
Current Foreign Taxes	6.33M	4.83M	12.77M	15.13M	15.46M
Total Current Taxes	6.33M	4.83M	12.77M	15.13M	15.46M
Total Deferred Taxes	2.18M	1.66M	1.02M	182K	-2.54M
Normalized Net Income	14.69M	8.14M	28.87M	30.8M	25.67M
Interest on Long-Term Debt	1.43M	1.08M	1.29M	722K	2.03M
Supplemental Operating Expense Items
Selling and Marketing Expenses	26.65M	34.36M	33.15M	33.95M	32.77M
General and Administrative Expenses	28.74M	39.33M	39.63M	37.93M	41.06M
Net Rental Expense, Total	2.74M	2.84M	2.43M	1.82M	1.68M
Imputed Operating Lease Interest Expense	1.09M	988K	1.24M	720K	944K
Imputed Operating Lease Depreciation	1.65M	1.85M	1.2M	1.1M	736K
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Assets
Cash And Equivalents	170M	48.35M	85.51M	111M	124M
Short Term Investments	110K	1.63M	763K	710K	744K
Total Cash And Short Term Investments	170M	49.98M	86.28M	112M	125M
Accounts Receivable, Total	63.64M	120M	103M	87.05M	88.53M
Other Receivables	4.97M	3.41M	1.68M	1M	956K
Total Receivables	68.61M	123M	104M	88.05M	89.49M
Inventory	47.65M	87.85M	91.17M	68.53M	70.22M
Prepaid Expenses	4.52M	6.01M	6.34M	4.48M	6.29M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	291M	267M	288M	273M	291M
Gross Property Plant And Equipment	396M	393M	424M	400M	505M
Accumulated Depreciation	-341M	-325M	-342M	-341M	-390M
Net Property Plant And Equipment	55.29M	67.94M	81.58M	59.82M	114M
Goodwill	-	12.37M	12.3M	11.27M	15.81M
Deferred Tax Assets Long-Term	13.83M	21.49M	20.24M	15.78M	31.18M
Other Long-Term Assets, Total	427K	5.12M	568K	1.58M	-
Total Assets	360M	374M	403M	362M	452M
Liabilities
Accounts Payable, Total	11.54M	25.23M	13.27M	11.83M	12.73M
Accrued Expenses, Total	24.9M	31.85M	31.04M	27.62M	32.92M
Current Portion of Leases	10.54M	14.19M	14.91M	8.26M	16.92M
Current Income Taxes Payable	-	-	8.94M	7.9M	2.88M
Unearned Revenue Current, Total	1.72M	854K	1.23M	479K	922K
Other Current Liabilities	16.07M	21.72M	26.39M	15.8M	13.71M
Total Current Liabilities	64.76M	93.84M	95.79M	71.9M	80.08M
Long-Term Leases	15.02M	9.9M	3.64M	2.39M	30.25M
Unearned Revenue Non Current	-	-	-	-	8.04M
Deferred Tax Liability Non Current	5.9M	12.88M	12.65M	9M	20.32M
Other Non Current Liabilities	1.5M	2.71M	3.17M	1.42M	4.73M
Total Liabilities	87.2M	119M	115M	84.71M	143M
Common Stock, Total	4.99M	4.99M	4.99M	4.99M	4.99M
Additional Paid In Capital	274M	274M	274M	274M	274M
Retained Earnings	35.98M	32.24M	65.58M	79.87M	88.47M
Comprehensive Income and Other	-41.48M	-56.07M	-56.64M	-81.65M	-58.62M
Total Common Equity	273M	255M	288M	277M	308M
Total Equity	273M	255M	288M	277M	308M
Total Liabilities And Equity	360M	374M	403M	362M	452M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	499M	499M	499M	499M	499M
ECS Total Common Shares Outstanding	499M	499M	499M	499M	499M
Book Value / Share	0.55	0.51	0.58	0.56	0.62
Tangible Book Value	273M	242M	275M	266M	293M
Tangible Book Value Per Share	0.55	0.49	0.55	0.53	0.59
Total Debt	25.56M	24.1M	18.56M	10.65M	47.18M
Net Debt	-144M	-25.88M	-67.72M	-101M	-77.34M
Debt Equivalent Oper. Leases	21.94M	22.73M	19.47M	14.57M	13.44M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	45.52M	78.23M	94.11M	68.66M	75.72M
Inventories - Work In Process, Total	3.46M	11.4M	3.05M	2.52M	1.21M
Inventories - Finished Goods, Total	2.78M	2.52M	2.91M	2.06M	2.51M
Land - (BS)	14.64M	15.1M	15.01M	13.75M	14.87M
Machinery, Total	274M	274M	301M	280M	331M
Full Time Employees	271	325	329	319	350
Accumulated Allowance for Doubtful Accounts (Supple)	112K	314K	188K	179K	651K

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Net Income	18.35M	11.22M	33.33M	34.25M	28.55M
Depreciation & Amortization - CF	22.42M	28.26M	31.66M	31.76M	36.47M
Depreciation & Amortization, Total	22.42M	28.26M	31.66M	31.76M	36.47M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-1.92M	-248K	-3K	-4K
(Gain) Loss on Sale of Investments - (CF)	-	2.64M	-	-	-
Asset Writedown & Restructuring Costs	-	-980K	-	-	-
Provision and Write-off of Bad Debts	9K	14.65M	-110K	72K	580K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-2.02M	-2.76M	17.75M	-2.24M	-1.88M
Change In Accounts Receivable	10.73M	-33.25M	15.56M	9.34M	3.48M
Change In Inventories	-3.56M	-24.87M	-8.12M	18.82M	1.05M
Change In Accounts Payable	-3.07M	10.86M	-4.64M	-11.7M	-1.16M
Change in Other Net Operating Assets	2.06M	179K	-1.48M	-747K	1.29M
Cash from Operations	44.93M	4.03M	83.7M	79.54M	68.36M
Capital Expenditure	-2.4M	-26.67M	-28.03M	-6.79M	-8.58M
Sale of Property, Plant, and Equipment	-	1.84M	278K	3K	4K
Cash Acquisitions	-	-47.18M	-	-	-14.83M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-3.98M	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-6.75M	-	-	-
Other Investing Activities, Total	-	-14.2M	-	-	-
Cash from Investing	-2.4M	-96.94M	-27.75M	-6.79M	-23.41M
Long-Term Debt Repaid, Total	-11.62M	-16.89M	-18.19M	-16.95M	-20.64M
Total Debt Repaid	-11.62M	-16.89M	-18.19M	-16.95M	-20.64M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-24.93M	-14.96M	-	-19.95M	-19.95M
Common & Preferred Stock Dividends Paid	-24.93M	-14.96M	-	-19.95M	-19.95M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-1.43M	-1.08M	-1.29M	-669K	-1.99M
Cash from Financing	-37.99M	-32.93M	-19.48M	-37.57M	-42.58M
Foreign Exchange Rate Adjustments	-9.4M	4.3M	697K	-9.36M	10.05M
Net Change in Cash	-4.87M	-122M	37.16M	25.83M	12.43M
Supplemental Items
Cash Interest Paid	1.43M	1.08M	1.29M	669K	1.99M
Cash Income Tax Paid (Refund)	10.74M	3.12M	1.79M	15.44M	20.79M
Levered Free Cash Flow	39.45M	-66.9M	44.99M	73.68M	42.39M
Unlevered Free Cash Flow	40.37M	-66.22M	45.84M	74.14M	43.66M
Change In Net Working Capital	-6.52M	71.03M	-16.61M	-23.55M	5.43M
Net Debt Issued / Repaid	-11.62M	-16.89M	-18.19M	-16.95M	-20.64M

Fiscal Period: December	2021 (HKD)	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)
Profitability
Return on Assets	3.66	0.88	6.59	6.7	5.21
Return on Total Capital	4.41	1.11	8.75	8.63	6.59
Return On Equity %	6.46	4.25	12.29	12.14	9.75
Return on Common Equity	6.46	4.25	12.29	12.14	9.75
Margin Analysis
Gross Profit Margin %	20.02	18.56	20.36	21.49	21.34
SG&A Margin	14.3	14.58	13.04	13.68	14.57
EBITDA Margin %	8.5	2.99	9.77	10.74	10.13
EBITA Margin %	5.71	1.02	7.34	7.8	6.69
EBIT Margin %	5.71	1.02	7.34	7.8	6.69
Income From Continuing Operations Margin %	4.74	2.22	5.97	6.52	5.63
Net Income Margin %	4.74	2.22	5.97	6.52	5.63
Net Avail. For Common Margin %	4.74	2.22	5.97	6.52	5.63
Normalized Net Income Margin	3.79	1.61	5.17	5.86	5.06
Levered Free Cash Flow Margin	10.19	-13.24	8.06	14.02	8.36
Unlevered Free Cash Flow Margin	10.43	-13.1	8.21	14.11	8.61
Asset Turnover
Asset Turnover	1.03	1.38	1.44	1.38	1.25
Fixed Assets Turnover	6	8.2	7.46	7.43	5.82
Receivables Turnover (Average Receivables)	5.69	5.51	5.01	5.54	5.77
Inventory Turnover (Average Inventory)	6.66	6.08	4.96	5.17	5.75
Short Term Liquidity
Current Ratio	4.49	2.85	3.01	3.8	3.63
Quick Ratio	3.68	1.85	1.99	2.78	2.67
Operating Cash Flow to Current Liabilities	0.69	0.04	0.87	1.11	0.85
Days Sales Outstanding (Average Receivables)	64.16	66.3	72.8	66.05	63.22
Days Outstanding Inventory (Average Inventory)	54.8	60.08	73.52	70.82	63.51
Average Days Payable Outstanding	14.82	14.85	15.69	11.78	11.2
Cash Conversion Cycle (Average Days)	104.14	111.53	130.62	125.09	115.53
Long Term Solvency
Total Debt/Equity	9.36	9.46	6.45	3.85	15.29
Total Debt / Total Capital	8.56	8.64	6.06	3.7	13.26
LT Debt/Equity	5.5	3.89	1.27	0.86	9.81
Long-Term Debt / Total Capital	5.03	3.55	1.19	0.83	8.51
Total Liabilities / Total Assets	24.2	31.9	28.61	23.43	31.74
EBIT / Interest Expense	14.93	4.77	30.27	56.77	16.71
EBITDA / Interest Expense	30.06	30.96	53.67	100.76	34.67
(EBITDA - Capex) / Interest Expense	28.44	6.24	32.95	91.36	30.45
Total Debt / EBITDA	0.57	0.72	0.26	0.15	0.67
Net Debt / EBITDA	-3.24	-0.77	-0.93	-1.39	-1.1
Total Debt / (EBITDA - Capex)	0.61	3.58	0.42	0.16	0.76
Net Debt / (EBITDA - Capex)	-3.43	-3.84	-1.52	-1.54	-1.25
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.37	30.49	10.42	-5.82	-3.56
Gross Profit, 1 Yr. Growth %	59.69	20.96	21.16	-0.6	-4.2
EBITDA, 1 Yr. Growth %	365.91	-54.08	82.83	3.58	-9.08
EBITA, 1 Yr. Growth %	-698.49	-76.76	106.52	0.08	-17.26
EBIT, 1 Yr. Growth %	-698.49	-76.76	106.52	0.08	-17.26
Earnings From Cont. Operations, 1 Yr. Growth %	-34.6	-38.84	196.98	2.74	-16.64
Net Income, 1 Yr. Growth %	-34.6	-38.84	196.98	2.74	-16.64
Normalized Net Income, 1 Yr. Growth %	-1.04K	-44.63	254.91	6.69	-16.67
Diluted EPS Before Extra, 1 Yr. Growth %	-33.96	-38.84	196.99	2.74	-16.64
Accounts Receivable, 1 Yr. Growth %	-12.23	88.49	-14.44	-15.19	1.71
Inventory, 1 Yr. Growth %	5.05	84.39	3.77	-24.84	2.47
Net Property, Plant and Equip., 1 Yr. Growth %	-25.13	22.88	20.08	-26.68	91.22
Total Assets, 1 Yr. Growth %	-8.71	3.83	7.67	-10.24	24.99
Tangible Book Value, 1 Yr. Growth %	-7.43	-11.24	13.55	-3.52	10.2
Common Equity, 1 Yr. Growth %	-7.43	-6.71	12.86	-3.72	11.42
Cash From Operations, 1 Yr. Growth %	40.68	-91.02	1.97K	-4.97	-14.05
Capital Expenditures, 1 Yr. Growth %	-49.9	1.01K	5.09	-75.78	26.33
Levered Free Cash Flow, 1 Yr. Growth %	-1.21K	-269.58	-177.95	63.78	-42.47
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.67K	-264.02	-180.35	61.74	-41.11
Dividend Per Share, 1 Yr. Growth %	66.67	-	-	0	-25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.41	23.76	20.04	1.98	-4.69
Gross Profit, 2 Yr. CAGR %	-9.09	38.98	21.06	9.74	-2.41
EBITDA, 2 Yr. CAGR %	-13.7	46.27	28.64	37.62	-2.96
EBITA, 2 Yr. CAGR %	-19.24	17.94	36.03	43.77	-9
EBIT, 2 Yr. CAGR %	-19.24	17.94	36.03	43.77	-9
Earnings From Cont. Operations, 2 Yr. CAGR %	-24.45	-36.75	34.77	74.68	-7.46
Net Income, 2 Yr. CAGR %	-24.45	-36.75	34.77	74.68	-7.46
Normalized Net Income, 2 Yr. CAGR %	-25.1	128.13	40.18	94.59	-5.71
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.82	-36.45	34.78	74.68	-7.46
Accounts Receivable, 2 Yr. CAGR %	10.94	28.62	26.99	-14.81	-7.13
Inventory, 2 Yr. CAGR %	-1.75	39.17	38.33	-11.68	-12.24
Net Property, Plant and Equip., 2 Yr. CAGR %	-12.48	-4.08	21.47	-6.17	18.41
Total Assets, 2 Yr. CAGR %	-0.46	-2.64	5.73	-1.69	5.92
Tangible Book Value, 2 Yr. CAGR %	0.11	-9.36	0.39	4.67	3.11
Common Equity, 2 Yr. CAGR %	0.11	-7.07	2.61	4.24	3.57
Cash From Operations, 2 Yr. CAGR %	-11.12	-64.46	36.5	344.05	-9.63
Capital Expenditures, 2 Yr. CAGR %	-7.9	135.78	241.47	-49.55	-44.68
Levered Free Cash Flow, 2 Yr. CAGR %	-6.16	334.38	6.79	12.99	-2.93
Unlevered Free Cash Flow, 2 Yr. CAGR %	-6.03	406.9	6.55	14	-2.4
Dividend Per Share, 2 Yr. CAGR %	-20.94	-	-10.56	-	-13.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.89	7.51	19.14	10.72	0.1
Gross Profit, 3 Yr. CAGR %	-8.57	-0.01	32.77	13.36	4.88
EBITDA, 3 Yr. CAGR %	-7.52	-30.07	97.56	19.68	19.86
EBITA, 3 Yr. CAGR %	-10.03	-46.68	122.9	22.8	19.59
EBIT, 3 Yr. CAGR %	-10.03	-46.68	122.9	22.8	19.59
Earnings From Cont. Operations, 3 Yr. CAGR %	-24.26	-29.58	5.91	23.12	36.5
Net Income, 3 Yr. CAGR %	-24.26	-29.58	5.91	23.12	36.5
Normalized Net Income, 3 Yr. CAGR %	-20.13	-32.28	164.34	27.99	46.67
Diluted EPS Before Extra, 3 Yr. CAGR %	-28.11	-29.2	6.25	23.12	36.5
Accounts Receivable, 3 Yr. CAGR %	-1.9	32.38	12.28	11	-9.63
Inventory, 3 Yr. CAGR %	1.99	21.19	26.2	12.88	-7.2
Net Property, Plant and Equip., 3 Yr. CAGR %	0.02	-2	3.38	2.66	18.97
Total Assets, 3 Yr. CAGR %	-0.75	0.95	0.68	0.11	6.5
Tangible Book Value, 3 Yr. CAGR %	-2.91	-3.83	-2.29	-0.93	6.48
Common Equity, 3 Yr. CAGR %	-2.91	-2.22	-0.85	0.45	6.58
Cash From Operations, 3 Yr. CAGR %	161.52	-58.6	37.88	20.98	156.86
Capital Expenditures, 3 Yr. CAGR %	-56.51	111.13	80.11	41.36	-31.49
Levered Free Cash Flow, 3 Yr. CAGR %	32.35	14.3	133.25	23.16	-9.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	33.86	13.14	161.02	22.46	-8.53
Dividend Per Share, 3 Yr. CAGR %	-4.1	-	10.06	-7.17	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.72	3.78	5.71	5.26	8.97
Gross Profit, 5 Yr. CAGR %	-8.58	-0.33	3.59	3.78	17.38
EBITDA, 5 Yr. CAGR %	-9.22	-17.96	6.86	5.01	48.66
EBITA, 5 Yr. CAGR %	-11.5	-30.51	7.49	3.85	55.77
EBIT, 5 Yr. CAGR %	-11.5	-30.51	7.49	3.85	55.77
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.09	-17.93	-3.42	1.27	0.35
Net Income, 5 Yr. CAGR %	-26.31	-17.93	-3.42	1.27	0.35
Normalized Net Income, 5 Yr. CAGR %	-12.76	-20.8	1.29	3.3	75.02
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-21.4	-6.4	1.61	0.54
Accounts Receivable, 5 Yr. CAGR %	-4.8	15.8	10.14	10.98	4.07
Inventory, 5 Yr. CAGR %	17.42	25.47	16.67	6.78	9.13
Net Property, Plant and Equip., 5 Yr. CAGR %	6.66	12.85	9.47	-3.69	9.15
Total Assets, 5 Yr. CAGR %	6.29	5.97	3.08	-0.11	2.74
Tangible Book Value, 5 Yr. CAGR %	10.89	4.91	-0.36	-0.52	-0.16
Common Equity, 5 Yr. CAGR %	10.89	5.96	0.51	0.31	0.89
Cash From Operations, 5 Yr. CAGR %	-3.41	-37.47	104.18	6.94	16.44
Capital Expenditures, 5 Yr. CAGR %	-33.36	35.97	0.42	19.1	12.32
Levered Free Cash Flow, 5 Yr. CAGR %	9.59	28.22	23	10.47	64.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.1	27.81	23.72	10.15	76.11
Dividend Per Share, 5 Yr. CAGR %	-	-	-5.56	-12.94	0