PERFECTECH INTERNATIONAL HOLDINGS LIMITED

Income Statement Perfectech International Holdings Limited

Stocks

765 BMG7004C1073

Toys & Juvenile Products

Market Closed - Hong Kong S.E. Other stock markets 04:08:08 2026-06-18 EDT			5-day change	1st Jan Change
0.1400 ^HKD	-6.67%		0.00%	-53.33%

03-31	Perfectech International Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2025	CI
03-16	Perfectech International Says 2025 Loss Expected to Narrow	MT

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Published financial data: PERFECTECH INTERNATIONAL HOLDINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	186M	177M	156M	136M	131M
Total Revenues	186M	177M	156M	136M	131M
Cost of Goods Sold, Total	129M	116M	106M	107M	89.92M
Gross Profit	56.89M	61.5M	50.2M	29.07M	40.67M
Selling General & Admin Expenses, Total	58.03M	73.18M	80.44M	60.46M	52.26M
Other Operating Expenses, Total	58.03M	73.18M	80.44M	60.46M	52.26M
Operating Income	-1.14M	-11.68M	-30.24M	-31.39M	-11.59M
Interest Expense, Total	-924K	-738K	-692K	-1.11M	-1.47M
Interest And Investment Income	319K	161K	347K	218K	97K
Net Interest Expenses	-605K	-577K	-345K	-890K	-1.38M
Currency Exchange Gains (Loss)	-1.43M	662K	1.88M	651K	-215K
Other Non Operating Income (Expenses)	3.76M	3.32M	1.83M	1.81M	3.47M
EBT, Excl. Unusual Items	589K	-8.27M	-26.88M	-29.82M	-9.71M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-2.22M	-855K	-563K	160K	85K
Gain (Loss) On Sale Of Assets	-1.75M	10K	-160K	12K	-161K
Asset Writedown	-	-21K	-	-	-
Other Unusual Items	-	3.32M	-	444K	1.41M
EBT, Incl. Unusual Items	-3.38M	-5.82M	-27.61M	-29.2M	-8.38M
Income Tax Expense	1.48M	153K	2.97M	174K	133K
Earnings From Continuing Operations	-4.87M	-5.97M	-30.58M	-29.37M	-8.51M
Net Income to Company	-4.87M	-5.97M	-30.58M	-29.37M	-8.51M
Minority Interest	-1.65M	-854K	46K	2.35M	800K
Net Income - (IS)	-6.52M	-6.82M	-30.53M	-27.02M	-7.71M
Net Income to Common Incl Extra Items	-6.52M	-6.82M	-30.53M	-27.02M	-7.71M
Net Income to Common Excl. Extra Items	-6.52M	-6.82M	-30.53M	-27.02M	-7.71M
Per Share Items
Net EPS - Basic	-0.02	-0.02	-0.09	-0.08	-0.02
Basic EPS - Continuing Operations	-0.02	-0.02	-0.09	-0.08	-0.02
Basic Weighted Average Shares Outstanding	327M	327M	327M	327M	362M
Net EPS - Diluted	-0.02	-0.02	-0.09	-0.08	-0.02
Diluted EPS - Continuing Operations	-0.02	-0.02	-0.09	-0.08	-0.02
Diluted Weighted Average Shares Outstanding	327M	327M	327M	327M	362M
Normalized Basic EPS	-0	-0.02	-0.05	-0.05	-0.01
Normalized Diluted EPS	-0	-0.02	-0.05	-0.05	-0.01
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	4.96M	-6.65M	-25.52M	-27.28M	-8.38M
EBITA	-1.14M	-11.68M	-30.24M	-31.39M	-11.59M
EBIT	-1.14M	-11.68M	-30.24M	-31.39M	-11.59M
EBITDAR	5.61M	-6.01M	-24.96M	-26.91M	-7.92M
Effective Tax Rate - (Ratio)	-43.78	-2.63	-10.77	-0.6	-1.59
Current Domestic Taxes	1.62M	158K	248K	177K	120K
Total Current Taxes	1.62M	158K	248K	177K	120K
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	2.13M	-	-
Normalized Net Income	-1.28M	-6.02M	-16.76M	-16.28M	-5.27M
Interest on Long-Term Debt	778K	738K	692K	743K	407K
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.31M	1.98M	2.46M	1.88M	1.93M
General and Administrative Expenses	55.72M	71.2M	77.98M	58.58M	50.34M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	651K	636K	558K	374K	463K
Imputed Operating Lease Interest Expense	174K	271K	243K	204K	250K
Imputed Operating Lease Depreciation	477K	365K	315K	170K	213K

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	61.38M	67.3M	42.99M	24.55M	25.49M
Trading Asset Securities, Total	10.52M	5.3M	3.08M	2.42M	2.43M
Total Cash And Short Term Investments	71.9M	72.6M	46.06M	26.97M	27.92M
Accounts Receivable, Total	28.38M	30.6M	16.91M	9.18M	12.67M
Other Receivables	2.58M	3.05M	2.07M	1.91M	51.26M
Total Receivables	30.95M	33.64M	18.98M	11.09M	63.93M
Inventory	14.95M	14.92M	21.4M	16.6M	16.73M
Prepaid Expenses	948K	5.07M	2.43M	246K	707K
Other Current Assets, Total	2.06M	814K	550K	1.39M	3M
Total Current Assets	121M	127M	89.42M	56.29M	112M
Gross Property Plant And Equipment	117M	110M	112M	113M	101M
Accumulated Depreciation	-83.25M	-81.19M	-85.38M	-87.05M	-76.43M
Net Property Plant And Equipment	34.11M	28.46M	26.47M	26.21M	24.1M
Deferred Tax Assets Long-Term	2.13M	2.13M	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	157M	158M	116M	82.5M	136M
Liabilities
Accounts Payable, Total	12.93M	10.87M	8.75M	5.97M	7.97M
Accrued Expenses, Total	10.28M	24.44M	16.5M	8.33M	11.4M
Short-term Borrowings	-	-	-	7.44M	15.84M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	1.16M	1.15M	461K	1.45M	363K
Current Income Taxes Payable	63K	158K	87K	26K	-
Unearned Revenue Current, Total	1.14M	2.38M	3.74M	4.84M	6.16M
Other Current Liabilities	-	-	-	-	4.03M
Total Current Liabilities	25.57M	38.99M	29.54M	28.06M	45.76M
Long-Term Leases	13.26M	12.11M	11.69M	11.43M	7.09M
Deferred Tax Liability Non Current	-	-	-	-	-
Total Liabilities	38.84M	51.1M	41.23M	39.49M	52.85M
Common Stock, Total	32.69M	32.69M	32.69M	32.69M	49.04M
Additional Paid In Capital	119M	119M	119M	119M	151M
Retained Earnings	-61.14M	-67.97M	-98.5M	-126M	-133M
Comprehensive Income and Other	11.11M	8.13M	9.31M	8.48M	9.21M
Total Common Equity	102M	91.75M	62.4M	34.54M	75.79M
Minority Interest	16.66M	14.79M	12.26M	8.47M	7.76M
Total Equity	118M	107M	74.66M	43.01M	83.54M
Total Liabilities And Equity	157M	158M	116M	82.5M	136M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	327M	327M	327M	327M	490M
ECS Total Common Shares Outstanding	327M	327M	327M	327M	490M
Book Value / Share	0.31	0.28	0.19	0.11	0.15
Tangible Book Value	102M	91.75M	62.4M	34.54M	75.79M
Tangible Book Value Per Share	0.31	0.28	0.19	0.11	0.15
Total Debt	14.42M	13.26M	12.15M	20.33M	23.29M
Net Debt	-57.48M	-59.34M	-33.91M	-6.64M	-4.64M
Debt Equivalent Oper. Leases	5.21M	5.09M	4.46M	2.99M	3.7M
Minority Interest, Total (Incl. Fin. Div)	16.66M	14.79M	12.26M	8.47M	7.76M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	5.06M	5.24M	4.88M	3.41M	2.69M
Inventories - Work In Process, Total	2.58M	1.38M	2.33M	2.02M	3.12M
Inventories - Finished Goods, Total	7.31M	8.29M	14.19M	11.18M	10.92M
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	92.68M	84.9M	87.34M	87.93M	80.26M
Full Time Employees	690	700	740	610	670
Accumulated Allowance for Doubtful Accounts (Supple)	79K	-	796K	709K	709K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-6.52M	-6.82M	-30.53M	-27.02M	-7.71M
Depreciation & Amortization - CF	7.43M	6.42M	6.1M	5.69M	4.67M
Depreciation & Amortization, Total	7.43M	6.42M	6.1M	5.69M	4.67M
(Gain) Loss From Sale Of Asset	1.75M	-10K	160K	-12K	161K
(Gain) Loss on Sale of Investments - (CF)	2.22M	855K	563K	-160K	-85K
Asset Writedown & Restructuring Costs	-	21K	-	-	-
Provision and Write-off of Bad Debts	22K	-	796K	-87K	-
Other Operating Activities, Total	-2.37M	-2.54M	3.52M	-2.21M	-730K
Change In Accounts Receivable	-8.5M	-4.81M	15.62M	9.57M	-6.82M
Change In Inventories	3.38M	31K	-6.48M	4.8M	-130K
Change In Accounts Payable	-2.35M	16.65M	-8.69M	-9.44M	7.84M
Cash from Operations	-4.92M	9.78M	-18.95M	-18.86M	-2.81M
Capital Expenditure	-2.27M	-3.66M	-3.4M	-3.88M	-5M
Sale of Property, Plant, and Equipment	23K	30K	30K	22K	312K
Cash Acquisitions	-	-	-	-	-
Divestitures	40.38M	-	-	-	-
Investment in Marketable and Equity Securities, Total	650K	4.36M	1.66M	813K	76K
Other Investing Activities, Total	319K	161K	347K	218K	97K
Cash from Investing	39.1M	896K	-1.36M	-2.82M	-4.52M
Short Term Debt Issued, Total	-	-	-	7.1M	9.92M
Total Debt Issued	-	-	-	7.1M	9.92M
Short Term Debt Repaid, Total	-27.12M	-	-	-	-
Long-Term Debt Repaid, Total	-1.83M	-1.9M	-1.88M	-2.11M	-1.73M
Total Debt Repaid	-28.95M	-1.9M	-1.88M	-2.11M	-1.73M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-2.87M	-2.18M	-2.35M	-1.3M	-198K
Cash from Financing	-31.82M	-4.08M	-4.24M	3.7M	7.98M
Foreign Exchange Rate Adjustments	-443K	-683K	239K	-449K	292K
Net Change in Cash	1.92M	5.92M	-24.31M	-18.44M	946K
Supplemental Items
Cash Interest Paid	958K	-	-	-	-
Cash Income Tax Paid (Refund)	6.11M	807K	-245K	475K	31K
Levered Free Cash Flow	31.93M	2.88M	-14.31M	-14.37M	-53.14M
Unlevered Free Cash Flow	32.51M	3.35M	-13.88M	-13.68M	-52.22M
Change In Net Working Capital	-28.07M	-7.88M	-2.32M	-4.12M	44.65M
Net Debt Issued / Repaid	-28.95M	-1.9M	-1.88M	4.99M	8.18M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-0.38	-4.64	-13.82	-19.78	-6.62
Return on Total Capital	-0.48	-5.78	-18.3	-26.13	-8.52
Return On Equity %	-4.04	-5.31	-33.75	-49.92	-13.45
Return on Common Equity	-6.27	-7.06	-39.61	-55.75	-13.98
Margin Analysis
Gross Profit Margin %	30.55	34.66	32.2	21.36	31.14
SG&A Margin	31.16	41.24	51.6	44.42	40.02
EBITDA Margin %	2.67	-3.75	-16.37	-20.04	-6.42
EBITA Margin %	-0.61	-6.58	-19.4	-23.06	-8.88
EBIT Margin %	-0.61	-6.58	-19.4	-23.06	-8.88
Income From Continuing Operations Margin %	-2.61	-3.36	-19.61	-21.58	-6.52
Net Income Margin %	-3.5	-3.85	-19.58	-19.85	-5.91
Net Avail. For Common Margin %	-3.5	-3.85	-19.58	-19.85	-5.91
Normalized Net Income Margin	-0.69	-3.39	-10.75	-11.96	-4.03
Levered Free Cash Flow Margin	17.15	1.63	-9.18	-10.56	-40.7
Unlevered Free Cash Flow Margin	17.46	1.89	-8.9	-10.05	-39.99
Asset Turnover
Asset Turnover	0.99	1.13	1.14	1.37	1.19
Fixed Assets Turnover	5.29	5.67	5.68	5.17	5.19
Receivables Turnover (Average Receivables)	7.69	6.02	6.56	10.43	11.95
Inventory Turnover (Average Inventory)	7.77	7.77	5.82	5.63	5.4
Short Term Liquidity
Current Ratio	4.72	3.26	3.03	2.01	2.45
Quick Ratio	4.02	2.72	2.2	1.36	2.01
Operating Cash Flow to Current Liabilities	-0.19	0.25	-0.64	-0.67	-0.06
Days Sales Outstanding (Average Receivables)	47.45	60.65	55.61	35.08	30.54
Days Outstanding Inventory (Average Inventory)	46.96	47	62.7	64.97	67.65
Average Days Payable Outstanding	37.57	37.46	31.91	26.34	28.25
Cash Conversion Cycle (Average Days)	56.85	70.18	86.4	73.71	69.94
Long Term Solvency
Total Debt/Equity	12.2	12.45	16.28	47.26	27.87
Total Debt / Total Capital	10.87	11.07	14	32.09	21.8
LT Debt/Equity	11.22	11.37	15.66	26.58	8.48
Long-Term Debt / Total Capital	10	10.11	13.47	18.05	6.63
Total Liabilities / Total Assets	24.73	32.42	35.58	47.87	38.75
EBIT / Interest Expense	-1.24	-15.83	-43.71	-28.33	-7.88
EBITDA / Interest Expense	6.8	-7.13	-34.89	-23.19	-4.7
(EBITDA - Capex) / Interest Expense	4.34	-12.09	-39.81	-26.69	-8.1
Total Debt / EBITDA	2.29	-2.52	-0.5	-0.79	-3.36
Net Debt / EBITDA	-9.15	11.28	1.4	0.26	0.67
Total Debt / (EBITDA - Capex)	3.59	-1.49	-0.44	-0.69	-1.95
Net Debt / (EBITDA - Capex)	-14.33	6.65	1.23	0.22	0.39
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.92	-4.7	-12.15	-12.7	-4.05
Gross Profit, 1 Yr. Growth %	5.11	8.12	-18.38	-42.08	39.89
EBITDA, 1 Yr. Growth %	-33.7	-233.99	283.74	6.91	-69.29
EBITA, 1 Yr. Growth %	20.04	920.98	158.94	3.78	-63.07
EBIT, 1 Yr. Growth %	20.04	920.98	158.94	3.78	-63.07
Earnings From Cont. Operations, 1 Yr. Growth %	-62.93	22.68	412.11	-3.94	-71.02
Net Income, 1 Yr. Growth %	-58.74	4.68	347.36	-11.5	-71.45
Normalized Net Income, 1 Yr. Growth %	-70.07	368.84	324.31	-2.83	-67.64
Diluted EPS Before Extra, 1 Yr. Growth %	-58.74	4.79	346.91	-11.51	-74.21
Accounts Receivable, 1 Yr. Growth %	41.56	7.83	-44.73	-45.71	38.01
Inventory, 1 Yr. Growth %	-18.46	-0.21	43.47	-22.43	0.78
Net Property, Plant and Equip., 1 Yr. Growth %	-5.91	-16.54	-7.01	-0.99	-8.05
Total Assets, 1 Yr. Growth %	-28.88	0.38	-26.48	-28.82	65.33
Tangible Book Value, 1 Yr. Growth %	-4.58	-9.65	-31.99	-44.64	119.4
Common Equity, 1 Yr. Growth %	-4.58	-9.65	-31.99	-44.64	119.4
Cash From Operations, 1 Yr. Growth %	-220.75	-298.68	-293.71	-0.46	-85.09
Capital Expenditures, 1 Yr. Growth %	9.38	60.82	-6.95	13.9	29.08
Levered Free Cash Flow, 1 Yr. Growth %	-186.48	-90.97	-596.16	0.42	269.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-192.15	-89.71	-514.84	-1.44	281.74
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.54	4.65	-8.5	-12.42	-8.48
Gross Profit, 2 Yr. CAGR %	36.48	6.6	-6.06	-31.25	-9.99
EBITDA, 2 Yr. CAGR %	-57.36	-5.75	126.76	102.55	-42.7
EBITA, 2 Yr. CAGR %	-81.88	250.09	414.17	63.93	-38.09
EBIT, 2 Yr. CAGR %	-81.88	250.09	414.17	63.93	-38.09
Earnings From Cont. Operations, 2 Yr. CAGR %	-70.84	-32.56	150.65	121.79	-47.24
Net Income, 2 Yr. CAGR %	-65.58	-34.28	116.4	98.97	-49.74
Normalized Net Income, 2 Yr. CAGR %	-72.18	18.45	261.12	103.05	-43.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-65.59	-34.24	116.41	98.86	-52.23
Accounts Receivable, 2 Yr. CAGR %	71.25	23.55	-22.8	-45.22	-13.44
Inventory, 2 Yr. CAGR %	-3.93	-9.79	19.65	5.5	-11.58
Net Property, Plant and Equip., 2 Yr. CAGR %	-33.23	-11.39	-11.9	-4.05	-4.59
Total Assets, 2 Yr. CAGR %	-16.07	-15.51	-14.1	-27.66	8.48
Tangible Book Value, 2 Yr. CAGR %	-7.84	-7.15	-21.61	-38.64	10.21
Common Equity, 2 Yr. CAGR %	-7.84	-7.15	-21.61	-38.64	10.21
Cash From Operations, 2 Yr. CAGR %	-62.22	54.89	96.18	38.86	-61.48
Capital Expenditures, 2 Yr. CAGR %	-53.68	32.63	22.33	2.95	21.25
Levered Free Cash Flow, 2 Yr. CAGR %	26.62	-72.05	-33.05	123.22	92.69
Unlevered Free Cash Flow, 2 Yr. CAGR %	32.4	-69.2	-34.66	102.21	93.97
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.63	7.73	-1.28	-9.92	-9.72
Gross Profit, 3 Yr. CAGR %	55.63	26.28	-2.48	-20.05	-12.88
EBITDA, 3 Yr. CAGR %	-47.98	-37.55	50.5	76.49	8.01
EBITA, 3 Yr. CAGR %	-69.99	-30.52	216.6	201.61	-0.25
EBIT, 3 Yr. CAGR %	-69.99	-30.52	216.6	201.61	-0.25
Earnings From Cont. Operations, 3 Yr. CAGR %	-49.76	-52.93	32.55	82.07	12.55
Net Income, 3 Yr. CAGR %	-43.64	-50.13	24.55	60.62	4.16
Normalized Net Income, 3 Yr. CAGR %	-60.82	-28.67	57.44	133.14	10.09
Diluted EPS Before Extra, 3 Yr. CAGR %	-43.64	-50.12	24.56	60.63	0.65
Accounts Receivable, 3 Yr. CAGR %	18.27	46.78	-5.51	-31.35	-25.46
Inventory, 3 Yr. CAGR %	8	-2.71	5.3	3.56	3.9
Net Property, Plant and Equip., 3 Yr. CAGR %	-26.3	-28.08	-9.95	-8.41	-5.4
Total Assets, 3 Yr. CAGR %	-8.02	-10.91	-19.34	-19.31	-4.71
Tangible Book Value, 3 Yr. CAGR %	-13.76	-8.45	-16.3	-30.19	-6.17
Common Equity, 3 Yr. CAGR %	-13.76	-8.45	-16.3	-30.19	-6.17
Cash From Operations, 3 Yr. CAGR %	-49.02	-34.3	66.88	56.47	-34
Capital Expenditures, 3 Yr. CAGR %	-9.3	-29.86	17.85	19.45	11.01
Levered Free Cash Flow, 3 Yr. CAGR %	2.28	-47.48	-27.09	-23.36	164.11
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.98	-43.49	-26.72	-25.06	149.91
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.71	-1.02	1.43	-0.83	-4.22
Gross Profit, 5 Yr. CAGR %	-3.82	5.75	27.17	-0.98	-5.55
EBITDA, 5 Yr. CAGR %	-30.35	16.66	-6.27	-0.01	2.28
EBITA, 5 Yr. CAGR %	-44.78	2.24	-6.5	-2.06	64.82
EBIT, 5 Yr. CAGR %	-44.78	2.24	-6.5	-2.06	64.82
Earnings From Cont. Operations, 5 Yr. CAGR %	-30.8	-10.84	-4.44	-12.5	-8.3
Net Income, 5 Yr. CAGR %	-22.47	-9.76	-3.47	-13.26	-13.36
Normalized Net Income, 5 Yr. CAGR %	-36.24	-1.83	-4.74	-0.39	4.18
Diluted EPS Before Extra, 5 Yr. CAGR %	-22.45	-9.75	-3.47	-13.27	-15.11
Accounts Receivable, 5 Yr. CAGR %	4.68	13.79	-0.28	-1.04	-8.76
Inventory, 5 Yr. CAGR %	-6.41	-2.99	12.52	0.5	-1.81
Net Property, Plant and Equip., 5 Yr. CAGR %	-10.54	-13.6	-20.85	-19.29	-7.84
Total Assets, 5 Yr. CAGR %	-11.56	-8.61	-10.5	-18.03	-9.19
Tangible Book Value, 5 Yr. CAGR %	-13.25	-14.14	-16.99	-21.99	-6.56
Common Equity, 5 Yr. CAGR %	-13.25	-14.14	-16.99	-21.99	-6.56
Cash From Operations, 5 Yr. CAGR %	-34.04	13.56	-12.6	-11.38	-7.16
Capital Expenditures, 5 Yr. CAGR %	-20.2	-5.42	2.23	-18.22	19.2
Levered Free Cash Flow, 5 Yr. CAGR %	4.24	-42.39	-13.67	-6.32	7.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.91	-40.66	-14.15	-5.9	8.16
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-