NASDAQ : CRE
Cre8 Enterprise Limited — Financial statements
Industrials · Specialty Business Services · Hong Kong
Last price 2.46 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.95M
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Financial statements
Cre8 Enterprise Limited (CRE) reported revenue of 130.93M HKD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 130.93M | 130.93M | 103.82M | 115.29M | 96.96M | 111.44M |
| Cost of Revenue | 76.05M | 76.05M | 61.43M | 68.27M | 73.85M | 76.54M |
| Gross Profit | 54.88M | 54.88M | 42.39M | 47.01M | 23.11M | 34.90M |
| Selling, General & Admin | 48.22M | 48.22M | 32.49M | 34.26M | 38.39M | 29.99M |
| Operating Expenses | 49.02M | 49.02M | 34.14M | 37.94M | 40.54M | 32.23M |
| Operating Income | 5.86M | 5.86M | 8.26M | 9.07M | -17.43M | 2.67M |
| Interest Expense | -250.94K | -250.94K | -316.72K | -124.02K | -773.50K | -496.92K |
| Interest & Investment Income | 391.82K | 391.82K | 31.52K | 33.33K | 5.67K | 7.92K |
| Currency Exchange Gain (Loss) | 69.37K | 69.37K | 73.32K | -98.44K | 153.98K | 61.84K |
| Other Non Operating Income (Expenses) | 830.05K | 830.05K | 312.16K | 398.20K | 212.76K | 107.32K |
| EBT Excluding Unusual Items | 6.91M | 6.91M | 8.36M | 9.28M | -17.83M | 2.35M |
| Other Unusual Items | 175.69K | 2.89M | 15.59K | |||
| Pretax Income | 6.91M | 6.91M | 8.53M | 9.28M | -14.94M | 2.37M |
| Income Tax Expense | 1.63M | 1.63M | 2.13M | 1.50M | -2.67M | 716.10K |
| Net Income | 5.28M | 5.28M | 6.40M | 7.78M | -12.28M | 1.65M |
| Net Income to Common | 5.28M | 5.28M | 6.40M | 7.78M | -12.28M | 1.65M |
| Shares Outstanding (Basic) | 1.94M | 1.94M | 1.88M | 1.88M | 1.87M | |
| Shares Outstanding (Diluted) | 1.94M | 1.94M | 1.88M | 1.88M | 1.87M | |
| EPS (Basic) | 2.73 | 2.73 | 3.41 | 4.15 | -6.55 | |
| EPS (Diluted) | 2.73 | 2.73 | 3.41 | 4.15 | -6.55 | |
| Free Cash Flow | 10.82M | 10.82M | 6.85M | 5.29M | -14.13M | 614.93K |
| Free Cash Flow Per Share | 5.59 | 5.59 | 3.65 | 2.82 | -7.54 | |
| Gross Margin | 41.92% | 41.92% | 40.83% | 40.78% | 23.84% | 31.32% |
| Operating Margin | 4.48% | 4.48% | 7.95% | 7.87% | -17.98% | 2.40% |
| Profit Margin | 4.03% | 4.03% | 6.17% | 6.75% | -12.66% | 1.48% |
| Free Cash Flow Margin | 8.26% | 8.26% | 6.59% | 4.58% | -14.57% | 0.55% |
| EBITDA | 6.25M | 6.25M | 8.96M | 10.24M | -16.03M | 5.64M |
| EBITDA Margin | 4.77% | 4.77% | 8.63% | 8.88% | -16.53% | 5.06% |
| D&A For EBITDA | 382.24K | 382.24K | 706.69K | 1.17M | 1.40M | 2.97M |
| EBIT | 5.86M | 5.86M | 8.26M | 9.07M | -17.43M | 2.67M |
| EBIT Margin | 4.48% | 4.48% | 7.95% | 7.87% | -17.98% | 2.40% |
| Effective Tax Rate | 23.57% | 23.57% | 24.96% | 16.17% | 30.25% |
Balance sheet
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 54.71M | 54.71M | 13.85M | 14.75M | 848.13K | 20.40M |
| Cash & Short-Term Investments | 54.71M | 54.71M | 13.85M | 14.75M | 848.13K | 20.40M |
| Accounts Receivable | 22.58M | 22.58M | 18.86M | 29.55M | 30.40M | 26.35M |
| Other Receivables | 93.36K | 861.83K | 5.59M | 119.65K | ||
| Receivables | 22.58M | 22.58M | 18.95M | 30.41M | 35.99M | 26.47M |
| Prepaid Expenses | 7.41M | 7.41M | 3.69M | 393.42K | 343.00K | 353.80K |
| Other Current Assets | 477.65K | 477.65K | 5.95M | 2.57M | 135.80K | 204.48K |
| Total Current Assets | 85.18M | 85.18M | 42.44M | 48.13M | 37.32M | 47.43M |
| Property, Plant & Equipment | 20.56M | 20.56M | 6.77M | 14.23M | 26.66M | 13.15M |
| Long-Term Deferred Tax Assets | 941.46K | 941.46K | 850.18K | 2.07M | 3.57M | 905.18K |
| Other Long-Term Assets | 9.34M | 9.34M | 6.98M | 7.00M | 7.11M | 8.65M |
| Total Assets | 116.02M | 116.02M | 57.05M | 71.43M | 74.66M | 70.12M |
| Accounts Payable | 10.80M | 10.80M | 8.61M | 12.86M | 12.93M | 9.11M |
| Accrued Expenses | 3.21M | 3.21M | 2.79M | 7.37M | 12.75M | 13.69M |
| Short-Term Debt | 9.05M | 9.05M | 20.43M | 25.46M | 20.80M | 20.80M |
| Current Portion of Leases | 10.01M | 10.01M | 2.84M | 11.41M | 12.08M | 4.71M |
| Current Income Taxes Payable | 1.70M | 1.70M | 341.69K | 3.09M | ||
| Current Unearned Revenue | 13.04M | 13.04M | 8.28M | 7.46M | 6.66M | 4.46M |
| Other Current Liabilities | 6.27M | 6.27M | 558.59K | 1.40M | 581.02K | 691.02K |
| Total Current Liabilities | 54.09M | 54.09M | 43.50M | 65.96M | 66.15M | 56.54M |
| Long-Term Leases | 10.50M | 10.50M | 3.64M | 1.94M | 12.70M | 5.26M |
| Total Liabilities | 64.58M | 64.58M | 47.14M | 67.90M | 78.85M | 61.80M |
| Additional Paid-In Capital | 41.38M | 41.38M | 5.03M | 5.03M | 5.03M | 5.03M |
| Retained Earnings | 10.50M | 10.50M | 5.22M | -1.18M | -8.96M | 3.31M |
| Comprehensive Income & Other | -437.94K | -437.94K | -350.41K | -318.45K | -256.38K | -23.47K |
| Shareholders' Equity | 51.44M | 51.44M | 9.90M | 3.53M | -4.19M | 8.32M |
| Total Liabilities & Equity | 116.02M | 116.02M | 57.05M | 71.43M | 74.66M | 70.12M |
| Total Debt | 29.56M | 29.56M | 26.91M | 38.82M | 45.58M | 30.76M |
| Net Cash (Debt) | 25.15M | 25.15M | -13.06M | -24.06M | -44.73M | -10.36M |
| Net Cash Per Share | 12.99 | 12.99 | -6.97 | -12.83 | -23.86 | |
| Filing Date Shares Outstanding | 2.01M | 2.01M | 1.87M | 1.87M | 1.87M | |
| Total Common Shares Outstanding | 2.01M | 2.01M | 1.87M | 1.87M | 1.87M | |
| Working Capital | 31.09M | 31.09M | -1.06M | -17.83M | -28.83M | -9.12M |
| Book Value Per Share | 25.54 | 25.54 | 5.28 | 1.88 | -2.23 | |
| Tangible Book Value | 51.44M | 51.44M | 9.90M | 3.53M | -4.19M | 8.32M |
| Tangible Book Value Per Share | 25.54 | 25.54 | 5.28 | 1.88 | -2.23 | |
| Machinery | 4.20M | 4.20M | 3.48M | 4.56M | 3.16M | 8.59M |
| Leasehold Improvements | 1.99M | 1.99M | 1.90M | 749.47K | 2.01M | 2.32M |
Cash flow statement
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 5.28M | 5.28M | 6.40M | 7.78M | -12.28M | 1.65M |
| Depreciation & Amortization | 382.24K | 382.24K | 706.69K | 1.17M | 1.40M | 16.09M |
| Loss (Gain) From Sale of Assets | -9.00K | -9.00K | ||||
| Provision & Write-off of Bad Debts | 759.75K | 759.75K | 1.20M | 2.91M | 1.27M | -209.97K |
| Other Operating Activities | 427.17K | 427.17K | 167.62K | -1.19M | -53.48K | 1.01M |
| Change in Accounts Receivable | -4.48M | -4.48M | 9.49M | -2.02M | -5.75M | 3.54M |
| Change in Accounts Payable | 2.20M | 2.20M | -4.25M | -77.05K | 3.83M | 609.02K |
| Change in Unearned Revenue | 4.76M | 4.76M | 823.78K | 796.74K | 2.20M | -578.19K |
| Change in Income Taxes | 1.79M | 1.79M | 768.47K | -1.20M | -2.75M | 638.12K |
| Change in Other Net Operating Assets | 431.77K | 431.77K | -8.33M | -2.69M | 934.12K | -19.22M |
| Operating Cash Flow | 11.54M | 11.54M | 6.98M | 5.48M | -13.86M | 3.53M |
| Capital Expenditures | -717.34K | -717.34K | -134.71K | -191.00K | -272.14K | -2.91M |
| Sale of Property, Plant & Equipment | 9.00K | 9.00K | ||||
| Investing Cash Flow | -708.34K | -708.34K | -134.71K | -191.00K | -272.14K | -2.91M |
| Short-Term Debt Issued | 25.46M | |||||
| Total Debt Issued | 25.46M | |||||
| Short-Term Debt Repaid | -11.38M | -11.38M | -5.03M | -20.80M | ||
| Total Debt Repaid | -11.38M | -11.38M | -5.03M | -20.80M | ||
| Net Debt Issued (Repaid) | -11.38M | -11.38M | -5.03M | 4.66M | ||
| Issuance of Common Stock | 45.13M | 45.13M | ||||
| Other Financing Activities | -3.65M | -3.65M | -2.70M | 4.02M | -5.34M | -929.10K |
| Financing Cash Flow | 30.10M | 30.10M | -7.73M | 8.68M | -5.34M | -929.10K |
| Foreign Exchange Rate Adjustments | -70.70K | -70.70K | -24.18K | -63.28K | -84.84K | 7.73K |
| Net Cash Flow | 40.86M | 40.86M | -905.20K | 13.90M | -19.55M | -306.44K |
| Free Cash Flow | 10.82M | 10.82M | 6.85M | 5.29M | -14.13M | 614.93K |
| Free Cash Flow Margin | 8.26% | 8.26% | 6.59% | 4.58% | -14.57% | 0.55% |
| Free Cash Flow Per Share | 5.59 | 5.59 | 3.65 | 2.82 | -7.54 | |
| Levered Free Cash Flow | 16.09M | 16.09M | 1.47M | 5.48M | -17.46M | |
| Unlevered Free Cash Flow | 16.24M | 16.24M | 1.67M | 5.56M | -16.98M | |
| Cash Interest Paid | 250.94K | 250.94K | 316.72K | 254.41K | 821.55K | 510.58K |
| Cash Income Tax Paid | -71.84K | -71.84K | 140.68K | 1.20M | 2.75M | |
| Change in Working Capital | 4.70M | 4.70M | -1.49M | -5.19M | -4.20M | -15.02M |
Ratios
Fiscal year January - December; amounts in HKD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.02M | 5.59M | ||||
| Enterprise Value | 1.79M | 9.59M | ||||
| Last Close Price | 2.46 | 2.78 | ||||
| PE Ratio | 7.12 | 8.24 | ||||
| PS Ratio | 0.29 | 0.33 | ||||
| PB Ratio | 0.75 | 0.85 | ||||
| P/TBV Ratio | 0.75 | 0.85 | ||||
| P/FCF Ratio | 3.59 | 4.02 | ||||
| P/OCF Ratio | 3.37 | 3.77 | ||||
| EV/Sales Ratio | 0.10 | 0.57 | ||||
| EV/EBITDA Ratio | 2.15 | 11.95 | ||||
| EV/EBIT Ratio | 2.29 | 12.73 | ||||
| EV/FCF Ratio | 1.25 | 6.90 | ||||
| Debt / Equity Ratio | 0.57 | 0.57 | 2.72 | 10.99 | -10.88 | 3.70 |
| Debt / EBITDA Ratio | 1.78 | 1.78 | 1.26 | 1.68 | 4.87 | |
| Debt / FCF Ratio | 2.73 | 2.73 | 3.93 | 7.34 | 50.03 | |
| Net Debt / Equity Ratio | -0.49 | -0.49 | 1.32 | 6.81 | -10.68 | 1.25 |
| Net Debt / EBITDA Ratio | -4.03 | -4.03 | 1.46 | 2.35 | -2.79 | 1.84 |
| Net Debt / FCF Ratio | -2.32 | -2.32 | 1.91 | 4.55 | -3.17 | 16.86 |
| Asset Turnover | 1.51 | 1.51 | 1.62 | 1.58 | 1.34 | |
| Quick Ratio | 1.43 | 1.43 | 0.75 | 0.69 | 0.56 | 0.83 |
| Current Ratio | 1.57 | 1.57 | 0.98 | 0.73 | 0.56 | 0.84 |
| Return on Equity (ROE) | 17.21% | 17.21% | 95.31% | -594.00% | ||
| Return on Assets (ROA) | 4.24% | 4.24% | 8.03% | 7.76% | -15.05% | |
| Return on Invested Capital (ROIC) | 17.05% | 18.20% | 24.51% | 42.14% | -128.19% | 9.97% |
| Return on Capital Employed (ROCE) | 9.50% | 9.50% | 61.00% | 165.70% | -204.90% | 19.70% |
| Earnings Yield | 14.04% | 12.13% | ||||
| FCF Yield | 27.83% | 24.87% | ||||
| Buyback Yield / Dilution | -3.25% | -3.25% | 0.00% |