Income Statement Sanbase Corporation Limited

Stocks

8501

KYG7786R1083

Home Improvement Products & Services Retailers

Market Closed - Hong Kong S.E. 04:08:08 2026-08-21 EDT			5-day change	1st Jan Change
0.9200 ^HKD	0.00%		+2.22%	+106.74%

06-18	Sanbase Corporation Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
06-11	Sanbase Corporation Limited Provides Group Earnings Guidance for the Year Ended March 31, 2026	CI

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Published financial data: SANBASE CORPORATION LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	413M	518M	428M	419M	345M
Total Revenues	413M	518M	428M	419M	345M
Cost of Goods Sold, Total	390M	484M	403M	399M	341M
Gross Profit	22.74M	33.43M	25.19M	19.76M	3.56M
Selling General & Admin Expenses, Total	29.03M	27.62M	26.12M	19.02M	19.53M
Provision for Bad Debts	-	548K	-372K	2.62M	-274K
Depreciation & Amortization - (IS)	1.3M	1.09M	533K	206K	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-49K	-1.71M	-5K	-5K	-
Other Operating Expenses, Total	30.28M	27.54M	26.27M	21.84M	19.26M
Operating Income	-7.55M	5.89M	-1.08M	-2.08M	-15.7M
Interest Expense, Total	-199K	-103K	-114K	-136K	-67K
Interest And Investment Income	161K	1.09M	3.38M	2.99M	1.84M
Net Interest Expenses	-38K	991K	3.27M	2.86M	1.77M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-7.58M	6.88M	2.19M	781K	-13.93M
Impairment of Goodwill	-	-	-	-	-2.91M
Gain (Loss) On Sale Of Investments	751K	2K	-437K	-2.06M	-
Gain (Loss) On Sale Of Assets	-	-	-	-	225K
Asset Writedown	-	-2.42M	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-6.83M	4.46M	1.75M	-1.28M	-16.62M
Income Tax Expense	413K	1.55M	1.03M	202K	-420K
Earnings From Continuing Operations	-7.25M	2.92M	719K	-1.48M	-16.2M
Net Income to Company	-7.25M	2.92M	719K	-1.48M	-16.2M
Minority Interest	1.51M	-	-2.09M	-2.5M	2.6M
Net Income - (IS)	-5.74M	2.92M	-1.37M	-3.98M	-13.59M
Net Income to Common Incl Extra Items	-5.74M	2.92M	-1.37M	-3.98M	-13.59M
Net Income to Common Excl. Extra Items	-5.74M	2.92M	-1.37M	-3.98M	-13.59M
Per Share Items
Net EPS - Basic	-0.03	0.01	-0.01	-0.02	-0.07
Basic EPS - Continuing Operations	-0.03	0.01	-0.01	-0.02	-0.07
Basic Weighted Average Shares Outstanding	198M	198M	198M	200M	200M
Net EPS - Diluted	-0.03	0.01	-0.01	-0.02	-0.07
Diluted EPS - Continuing Operations	-0.03	0.01	-0.01	-0.02	-0.07
Diluted Weighted Average Shares Outstanding	198M	198M	198M	200M	200M
Normalized Basic EPS	-0.02	0.02	-0	-0.01	-0.03
Normalized Diluted EPS	-0.02	0.02	-0	-0.01	-0.03
Dividend Per Share	-	-	-	-	-
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	-6.25M	6.98M	-549K	-1.87M	-15.61M
EBITA	-7.55M	5.89M	-1.08M	-2.08M	-15.7M
EBIT	-7.55M	5.89M	-1.08M	-2.08M	-15.7M
EBITDAR	-6M	7.81M	917K	-1.7M	-15.13M
Effective Tax Rate - (Ratio)	-6.04	34.67	58.89	-15.79	2.53
Current Domestic Taxes	275K	1.65M	953K	1.31M	-
Total Current Taxes	275K	1.65M	953K	1.31M	-
Deferred Domestic Taxes	-232K	-104K	77K	-1.11M	-420K
Total Deferred Taxes	-232K	-104K	77K	-1.11M	-420K
Normalized Net Income	-3.23M	4.3M	-722K	-2.01M	-6.11M
Interest on Long-Term Debt	199K	103K	114K	136K	67K
Supplemental Operating Expense Items
General and Administrative Expenses	29.03M	26.78M	24.65M	18.84M	19.05M
Net Rental Expense, Total	248K	835K	1.47M	173K	485K
Imputed Operating Lease Interest Expense	87.26K	246K	435K	56.45K	122K
Imputed Operating Lease Depreciation	161K	589K	1.03M	117K	363K
Stock-Based Comp., Other (Total)	-	-	874K	-	-
Total Stock-Based Compensation	-	-	874K	-	-

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	120M	110M	140M	104M	125M
Short Term Investments	3.16M	2.45M	2.73M	3.7M	7.58M
Total Cash And Short Term Investments	123M	112M	142M	107M	133M
Accounts Receivable, Total	128M	194M	93.62M	135M	77.83M
Other Receivables	2.69M	-	608K	-	1.28M
Total Receivables	131M	194M	94.22M	135M	79.11M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	-	-	-	12.57M	1.02M
Total Current Assets	254M	306M	237M	255M	213M
Gross Property Plant And Equipment	9.99M	8.78M	11M	8.96M	8.17M
Accumulated Depreciation	-4.97M	-6.05M	-6.58M	-6.3M	-6.25M
Net Property Plant And Equipment	5.02M	2.73M	4.42M	2.66M	1.92M
Long-term Investments	14.65M	14.69M	14.2M	12.06M	-
Goodwill	9.54M	9.54M	9.54M	9.54M	3.56M
Other Intangibles, Total	2.42M	0	0	0	0
Deferred Tax Assets Long-Term	1.19M	1.23M	1.12M	2.23M	2.15M
Other Long-Term Assets, Total	338K	404K	484K	68K	218K
Total Assets	287M	334M	266M	282M	220M
Liabilities
Accounts Payable, Total	124M	182M	111M	121M	96.38M
Accrued Expenses, Total	2.17M	3.36M	1.92M	1.26M	1.33M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	2.66M	1.4M	2.67M	1.84M	879K
Current Income Taxes Payable	-	845K	-	365K	-
Unearned Revenue Current, Total	15M	1.72M	5.4M	16.26M	9.67M
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	144M	189M	121M	140M	108M
Long-Term Leases	909K	620K	1.45M	713K	830K
Pension & Other Post Retirement Benefits	-	-	372K	690K	554K
Deferred Tax Liability Non Current	-	-	-	-	-
Total Liabilities	145M	190M	122M	142M	110M
Common Stock, Total	1.55M	1.55M	1.55M	1.55M	1.55M
Additional Paid In Capital	57.63M	57.63M	57.63M	57.63M	57.63M
Retained Earnings	80.29M	81.33M	77.84M	73.82M	48.48M
Comprehensive Income and Other	-2.62M	-2.88M	-96K	-123K	-
Total Common Equity	137M	138M	137M	133M	108M
Minority Interest	5.29M	7.07M	7.06M	7.13M	3.19M
Total Equity	142M	145M	144M	140M	111M
Total Liabilities And Equity	287M	334M	266M	282M	220M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	200M	200M	200M	200M	200M
ECS Total Common Shares Outstanding	200M	200M	200M	200M	200M
Book Value / Share	0.68	0.69	0.68	0.66	0.54
Tangible Book Value	125M	128M	127M	123M	104M
Tangible Book Value Per Share	0.62	0.64	0.64	0.62	0.52
Total Debt	3.57M	2.02M	4.12M	2.55M	1.71M
Net Debt	-119M	-110M	-138M	-105M	-131M
Debt Equivalent Oper. Leases	1.98M	6.68M	11.73M	1.38M	3.88M
Minority Interest, Total (Incl. Fin. Div)	5.29M	7.07M	7.06M	7.13M	3.19M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	4.1M	4.14M	4.22M	3.8M	3.78M
Full Time Employees	83	75	67	67	51
Accumulated Allowance for Doubtful Accounts (Supple)	4.94M	1.85M	2.05M	4.67M	4.4M

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-5.74M	2.92M	-1.37M	-3.98M	-13.59M
Depreciation & Amortization - CF	4.44M	3.71M	2.59M	2.98M	1.94M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	4.44M	3.71M	2.59M	2.98M	1.94M
(Gain) Loss From Sale Of Asset	-	-	-	-	-225K
(Gain) Loss on Sale of Investments - (CF)	-751K	546K	65K	4.68M	-274K
Asset Writedown & Restructuring Costs	-	2.42M	-	2K	2.91M
Stock-Based Compensation (CF)	-	-	874K	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-2.1M	3.54M	1.08M	2.17M	-4.36M
Change In Accounts Receivable	-18.96M	-66.17M	100M	-44.36M	56.78M
Change In Accounts Payable	21.65M	58M	-70.94M	10.12M	-19.11M
Change in Unearned Revenues	8.74M	-13.24M	3.7M	10.86M	-5.99M
Change in Other Net Operating Assets	4.34M	1.81M	-1.73M	-635K	1.1M
Cash from Operations	11.63M	-6.48M	34.57M	-18.16M	19.18M
Capital Expenditure	-1.1M	-173K	-78K	-71K	-127K
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-7.59M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-12.57M	11.55M
Cash from Investing	-1.1M	-173K	-78K	-12.64M	3.84M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-3.12M	-2.89M	-2.22M	-2.86M	-1.93M
Total Debt Repaid	-3.12M	-2.89M	-2.22M	-2.86M	-1.93M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-199K	-	-1.98M	-2.4M	-
Cash from Financing	-3.32M	-2.89M	-4.2M	-5.26M	-1.93M
Foreign Exchange Rate Adjustments	72K	-532K	-357K	33K	238K
Net Change in Cash	7.29M	-10.07M	29.94M	-36.02M	21.32M
Supplemental Items
Cash Interest Paid	199K	-	-	-	-
Cash Income Tax Paid (Refund)	1.19M	-1.89M	2.42M	338K	1.64M
Levered Free Cash Flow	9.96M	-9.2M	32.36M	-31.5M	28.57M
Unlevered Free Cash Flow	10.08M	-9.13M	32.44M	-31.41M	28.61M
Change In Net Working Capital	-11.46M	16.35M	-29.73M	33.02M	-36.61M
Net Debt Issued / Repaid	-3.12M	-2.89M	-2.22M	-2.86M	-1.93M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-1.71	1.18	-0.23	-0.47	-4
Return on Total Capital	-3.14	2.52	-0.46	-0.89	-8.07
Return On Equity %	-4.97	2.03	0.5	-1.04	-13.56
Return on Common Equity	-4.11	2.12	-1	-2.95	-11.9
Margin Analysis
Gross Profit Margin %	5.5	6.46	5.88	4.72	1.03
SG&A Margin	7.03	5.34	6.1	4.54	5.67
EBITDA Margin %	-1.51	1.35	-0.13	-0.45	-4.53
EBITA Margin %	-1.83	1.14	-0.25	-0.5	-4.55
EBIT Margin %	-1.83	1.14	-0.25	-0.5	-4.55
Income From Continuing Operations Margin %	-1.75	0.56	0.17	-0.35	-4.7
Net Income Margin %	-1.39	0.56	-0.32	-0.95	-3.94
Net Avail. For Common Margin %	-1.39	0.56	-0.32	-0.95	-3.94
Normalized Net Income Margin	-0.78	0.83	-0.17	-0.48	-1.77
Levered Free Cash Flow Margin	2.41	-1.78	7.56	-7.52	8.29
Unlevered Free Cash Flow Margin	2.44	-1.76	7.58	-7.5	8.3
Asset Turnover
Asset Turnover	1.5	1.67	1.42	1.53	1.41
Fixed Assets Turnover	67.88	133.51	119.79	118.35	150.4
Receivables Turnover (Average Receivables)	3.47	3.22	2.98	3.66	3.23
Short Term Liquidity
Current Ratio	1.76	1.62	1.96	1.82	1.96
Quick Ratio	1.76	1.62	1.96	1.73	1.95
Operating Cash Flow to Current Liabilities	0.08	-0.03	0.29	-0.13	0.18
Days Sales Outstanding (Average Receivables)	105.1	113.53	122.84	99.78	112.85
Average Days Payable Outstanding	105.82	115.34	132.81	105.76	116.11
Long Term Solvency
Total Debt/Equity	2.51	1.4	2.86	1.82	1.54
Total Debt / Total Capital	2.45	1.38	2.78	1.79	1.52
LT Debt/Equity	0.64	0.43	1.01	0.51	0.75
Long-Term Debt / Total Capital	0.62	0.42	0.98	0.5	0.74
Total Liabilities / Total Assets	50.48	56.74	45.94	50.31	49.73
EBIT / Interest Expense	-37.92	57.18	-9.49	-15.27	-234.31
EBITDA / Interest Expense	-15.62	93.2	13.23	6.61	-205.37
(EBITDA - Capex) / Interest Expense	-21.13	91.52	12.54	6.09	-207.27
Total Debt / EBITDA	-1.15	0.21	2.73	2.83	-0.12
Net Debt / EBITDA	38.39	-11.47	-91.68	-116.55	9.51
Total Debt / (EBITDA - Capex)	-0.85	0.21	2.88	3.08	-0.12
Net Debt / (EBITDA - Capex)	28.39	-11.68	-96.68	-126.54	9.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-14.16	25.29	-17.3	-2.17	-17.69
Gross Profit, 1 Yr. Growth %	-12.03	47.04	-24.04	-21.56	-81.99
EBITDA, 1 Yr. Growth %	-1.51	-201.88	-108.26	240.8	734.42
EBITA, 1 Yr. Growth %	-3.31	-172.29	-119.47	91.96	655.85
EBIT, 1 Yr. Growth %	-5.43	-172.29	-119.47	91.96	655.85
Earnings From Cont. Operations, 1 Yr. Growth %	-1.75K	-140.23	-72.14	-305.98	19.57
Net Income, 1 Yr. Growth %	-1.54K	-140.23	-282.29	190.43	-15.24
Normalized Net Income, 1 Yr. Growth %	-36.71	-184.06	-131.91	178.06	204.22
Diluted EPS Before Extra, 1 Yr. Growth %	-1.54K	-140.23	-282.16	187.66	-15.24
Accounts Receivable, 1 Yr. Growth %	16.96	51.05	-51.68	44.56	-42.49
Net Property, Plant and Equip., 1 Yr. Growth %	-29.75	-45.63	61.7	-39.74	-27.73
Total Assets, 1 Yr. Growth %	8.15	16.53	-20.37	5.79	-18.25
Tangible Book Value, 1 Yr. Growth %	-4.31	2.56	-0.2	-3.18	-6.44
Common Equity, 1 Yr. Growth %	-3.95	0.57	-0.19	-2.96	-10.89
Cash From Operations, 1 Yr. Growth %	1.75K	-155.72	-633.5	-152.52	-205.62
Capital Expenditures, 1 Yr. Growth %	411.68	-84.2	-54.91	-8.97	78.87
Levered Free Cash Flow, 1 Yr. Growth %	-461.23	-196.02	-440.68	-197.32	-190.71
Unlevered Free Cash Flow, 1 Yr. Growth %	-485.22	-194.13	-443.76	-196.85	-191.09
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-19.53	3.7	1.79	-10.05	-10.26
Gross Profit, 2 Yr. CAGR %	-40.89	13.73	5.26	-22.81	-62.42
EBITDA, 2 Yr. CAGR %	-56.92	4.89	-71.69	-46.94	433.26
EBITA, 2 Yr. CAGR %	-51.86	-13.12	-63.56	-38.86	280.91
EBIT, 2 Yr. CAGR %	-51.7	-14.08	-63.56	-38.86	280.91
Earnings From Cont. Operations, 2 Yr. CAGR %	-42.27	157.39	-68.5	-24.25	374.6
Net Income, 2 Yr. CAGR %	-40.55	170.97	-56.53	130.09	215.12
Normalized Net Income, 2 Yr. CAGR %	-53.17	-8.19	-62.44	-5.81	190.84
Diluted EPS Before Extra, 2 Yr. CAGR %	-40.55	171.01	-56.55	128.91	213.61
Accounts Receivable, 2 Yr. CAGR %	-22.31	32.92	-14.56	-16.42	-8.82
Net Property, Plant and Equip., 2 Yr. CAGR %	-15.62	-38.2	-6.24	-1.29	-34.01
Total Assets, 2 Yr. CAGR %	-12.02	12.26	-3.67	-8.21	-9.02
Tangible Book Value, 2 Yr. CAGR %	-2.76	-0.93	0.99	-1.7	-9.6
Common Equity, 2 Yr. CAGR %	-1.75	-1.72	0.02	-1.58	-11.33
Cash From Operations, 2 Yr. CAGR %	-47.43	221.22	72.41	67.39	-25.52
Capital Expenditures, 2 Yr. CAGR %	44.42	-10.09	-73.31	-35.94	27.6
Levered Free Cash Flow, 2 Yr. CAGR %	-45.9	82.69	83.8	82.09	-6.04
Unlevered Free Cash Flow, 2 Yr. CAGR %	-45.75	86.83	82.82	82.46	-6.08
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-14.04	-6.74	-3.83	0.45	-12.67
Gross Profit, 3 Yr. CAGR %	-31.53	-19.91	-0.85	-4.57	-52.48
EBITDA, 3 Yr. CAGR %	-47.99	-40.82	-55.77	-35.12	32.94
EBITA, 3 Yr. CAGR %	-44.24	-43.44	-48.24	-36.59	41.37
EBIT, 3 Yr. CAGR %	-43.13	-43.32	-48.62	-36.59	41.37
Earnings From Cont. Operations, 3 Yr. CAGR %	-37.94	-48.82	17.79	-41.1	84.44
Net Income, 3 Yr. CAGR %	-41.13	-43.57	51.08	-18.13	162.56
Normalized Net Income, 3 Yr. CAGR %	-48.21	-33.66	-47.89	-26.8	39.23
Diluted EPS Before Extra, 3 Yr. CAGR %	-40.99	-43.57	51.06	-18.41	161.66
Accounts Receivable, 3 Yr. CAGR %	-19.07	-3.04	-5.13	1.81	-26.21
Net Property, Plant and Equip., 3 Yr. CAGR %	21.75	-27.12	-14.84	-19.09	-11.04
Total Assets, 3 Yr. CAGR %	-9.09	-3.38	0.12	-0.61	-12.97
Tangible Book Value, 3 Yr. CAGR %	0.8	-1.02	-0.81	-0.42	-6.57
Common Equity, 3 Yr. CAGR %	1.25	-0.99	-1.32	-0.98	-7.76
Cash From Operations, 3 Yr. CAGR %	-36.63	-46.4	280.41	16.01	43.57
Capital Expenditures, 3 Yr. CAGR %	0.9	-30.93	-28.57	-59.83	-9.79
Levered Free Cash Flow, 3 Yr. CAGR %	-44.06	-35.34	127.29	48.7	44.35
Unlevered Free Cash Flow, 3 Yr. CAGR %	-43.91	-35.63	131.43	47.93	44.74
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.04	6.59	-8.03	-8.08	-6.46
Gross Profit, 5 Yr. CAGR %	-8.77	-3.2	-18.68	-21.21	-32.74
EBITDA, 5 Yr. CAGR %	-26.4	-23.7	-58.47	-43.9	19.73
EBITA, 5 Yr. CAGR %	-23.55	-26.12	-52.24	-42.33	15
EBIT, 5 Yr. CAGR %	-23.55	-26.12	-51.67	-42.25	14.49
Earnings From Cont. Operations, 5 Yr. CAGR %	-21.36	-15.86	-52.68	-41.57	105.68
Net Income, 5 Yr. CAGR %	-24.96	-15.86	-45.36	-24.52	102.73
Normalized Net Income, 5 Yr. CAGR %	-29.13	-9.22	-50.07	-32.88	3.66
Diluted EPS Before Extra, 5 Yr. CAGR %	-29.01	-19.17	-45.29	-24.67	102.32
Accounts Receivable, 5 Yr. CAGR %	9.91	10.44	-17.3	-8.63	-6.63
Net Property, Plant and Equip., 5 Yr. CAGR %	117.58	4.06	9.67	-17.72	-23.1
Total Assets, 5 Yr. CAGR %	22.58	11.79	-6.96	-5.35	-3.64
Tangible Book Value, 5 Yr. CAGR %	28.86	2.75	0.88	-1.36	-4.42
Common Equity, 5 Yr. CAGR %	31.24	4.24	0.76	-1.29	-5.45
Cash From Operations, 5 Yr. CAGR %	5.74	-24.3	-5.43	-15.48	98.14
Capital Expenditures, 5 Yr. CAGR %	80.6	-40.65	-40.73	-32.98	-9.91
Levered Free Cash Flow, 5 Yr. CAGR %	-11.09	-3.73	-10.66	-1.53	59.63
Unlevered Free Cash Flow, 5 Yr. CAGR %	-10.87	-3.69	-10.7	-1.71	61.35