Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,391.90
1,660.00
1,731.17
1,809.48
1,729.26
1,496.80
1,492.21
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,391.90
1,660.00
1,731.17
1,809.48
1,729.26
1,496.80
1,492.21
Raw Material Cost
711.76
919.25
992.77
901.90
798.80
813.63
721.38
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
101.52
80.92
79.65
83.45
76.73
55.95
61.49
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
2.66
2.63
2.74
1.99
1.12
1.23
4.52
Selling and Distribution Expenses
527.85
538.63
590.84
637.58
704.55
598.58
624.97
Other Expenses
-10.42
-8.35
-8.24
-8.54
-7.79
-5.72
-6.60
Total Expenditure (Excl Depreciation)
1,239.61
1,457.88
1,583.61
1,539.48
1,503.35
1,412.22
1,346.35
Operating Profit (PBDIT) excl Other Income
152.3
202.10000000000002
147.6
270
225.9
84.60000000000001
145.9
Other Income
18.52
42.32
52.56
75.44
13.12
23.81
39.59
Operating Profit (PBDIT)
207.05
277.98
221.06
361.30
254.63
117.78
186.45
Interest
2.66
2.63
2.74
1.99
1.12
1.23
4.52
Exceptional Items
-7.30
-7.63
-8.82
-0.77
1.19
14.64
16.79
Gross Profit (PBDT)
680.15
740.75
738.40
907.59
930.46
683.17
770.83
Depreciation
36.23
33.54
20.94
15.85
15.60
9.38
10.04
Profit Before Tax
160.86
234.18
188.57
342.68
239.09
121.81
188.67
Tax
46.85
73.42
53.65
75.06
73.07
49.28
50.62
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
124.05
164.39
153.06
273.62
171.90
58.94
118.64
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
124.05
164.39
153.06
273.62
171.90
58.94
118.64
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
-10.08
-6.73
-18.48
-6.22
-2.19
-1.08
-0.91
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
113.97
157.65
134.59
267.40
169.72
57.86
117.73
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
1,168.83
1,181.75
1,108.10
1,131.50
1,110.69
1,078.26
1,276.93
Earnings per share (EPS)
0.11
0.14
0.13
0.23
0.14
0.05
0.1
Diluted Earnings per share
0.11
0.14
0.13
0.23
0.14
0.05
0.1
Operating Profit Margin (Excl OI)
10.94%
12.18%
8.52%
14.92%
13.06%
5.65%
9.17%
Gross Profit Margin
14.16%
16.13%
12.1%
19.81%
14.73%
8.76%
13.32%
PAT Margin
8.91%
9.9%
8.84%
15.12%
9.94%
3.94%
7.95%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is -16.15% vs -4.11% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -27.71% vs 17.16% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -20.03% vs 39.88% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 3.85% vs -3.70% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Shanghai Pioneer Holding Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
1,391.90
1,096.64
295.26
26.92%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,391.90
1,096.64
295.26
26.92%
Raw Material Cost
711.76
850.30
-138.54
-16.29%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
101.52
71.20
30.32
42.58%
Power Cost
0
0
0.00
Manufacturing Expenses
2.66
22.04
-19.38
-87.93%
Selling and Distribution Expenses
527.85
207.09
320.76
154.89%
Other Expenses
-10.42
-9.32
-1.10
-11.80%
Total Expenditure (Excl Depreciation)
1,239.61
1,057.39
182.22
17.23%
Operating Profit (PBDIT) excl Other Income
152.30
39.24
113.06
288.12%
Other Income
18.52
3.51
15.01
427.64%
Operating Profit (PBDIT)
207.05
67.32
139.73
207.56%
Interest
2.66
22.04
-19.38
-87.93%
Exceptional Items
-7.30
0.77
-8.07
-1,048.05%
Gross Profit (PBDT)
680.15
246.34
433.81
176.10%
Depreciation
36.23
24.57
11.66
47.46%
Profit Before Tax
160.86
21.49
139.37
648.53%
Tax
46.85
1.99
44.86
2,254.27%
Provisions and contingencies
0
0
0.00
Profit After Tax
124.05
15.67
108.38
691.64%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
124.05
15.67
108.38
691.64%
Share in Profit of Associates
0
0
0.00
Minority Interest
-10.08
-0.19
-9.89
-5,205.26%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
113.97
15.48
98.49
636.24%
Equity Capital
0
0
0.00
Face Value
0.00
0.01
0.00
Reserves
1,168.83
537.00
631.83
117.66%
Earnings per share (EPS)
0.11
0.02
0.09
450.00%
Diluted Earnings per share
0.11
0.02
0.09
450.00%
Operating Profit Margin (Excl OI)
10.94%
3.58%
0.00
7.36%
Gross Profit Margin
14.16%
4.20%
0.00
9.96%
PAT Margin
8.91%
1.43%
0.00
7.48%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 139.19 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -16.15% vs -4.11% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 11.40 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -27.71% vs 17.16% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 18.85 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -20.03% vs 39.88% in Dec 2024
Annual - Interest
Interest 0.27 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 3.85% vs -3.70% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 10.94%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






