A summary of the results of the Group from FY2015 to FY2019:

Income Statement

  2019 HKD'000 2018 HKD'000 2017 HKD'000 2016 HKD'000 2015 HKD'000
Revenue 2,997,321 4,263,322 4,183,786 3,499,762 2,869,846
Gross Profit 605,276 772,043 829,197 821,512 787,476
Profit before tax (146,002) 27,586 58,242 110,978 244,439
Profit for the year (212,002) 4,842 50,785 100,452 184,676
Earning per share (HK cent) (12.37) (0.33) 2.27 5.92 10.09

Balance Sheet

  2019 HKD'000 2018 HKD'000 2017 HKD'000 2016 HKD'000 2015 HKD'000
Bank balances and cash equivalent 240,320 234,435 155,485 131,848 328,790
Bank borrowings 622,863 873,757 736,054 476,896 160,541
Total assets 2,406,763 2,903,219 2,883,172 2,537,083 1,809,711
Total liabilites 1,541,755 1,677,376 1,573,706 1,322,987 713,022
Equity 865,008 1,255,843 1,309,466 1,214,096 1,096,689

Financial Ratios

  2019 2018 2017 2016 2015
Gross Profit Margin (1) 20.2% 18.1% 19.8% 23.5% 27.4%
Net Profit Margin (2) (7.1%) 0.1% 1.2% 2.9% 6.4%
Return on total assets (3) (8.8%) 0.2% 1.8% 10.2% 12.5%
Return on Equity (4) (24.5%) 0.4% 3.9% 8.3% 16.8%
Gearing ratio (5) 72.0% 71.3% 56.2% 39.3% 25.5%
Debt to Equity Ratio (6) 44.2% 52.2% 44.3% 28.4% n/a (7)
  1. Profit before tax divided by revenue
  2. Profit for the year divided by revenue
  3. Being profit for the year divided by total assets at the end of the year
  4. Being profit for the year divided by total equity at the end of the year
  5. Total bank borrowings divided by total equity at the end of the year
  6. Bank borrowings net of bank balances and cash equivalent, dividend by total total equity
  7. The Group had a net cash position as at 31 December 2014 and 2015, and therefore, debt to equity ratio was not applicable.