FRA:CV8S Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	532.8	542.49	784.95	725.87	714.76	488.14
Revenue Growth (YoY)	-32.80%	-30.89%	8.14%	1.55%	46.43%	-5.70%
Cost of Revenue	526.64	532.98	748.42	700.59	690.1	441.55
Gross Profit	6.16	9.51	36.53	25.28	24.66	46.59
Selling, General & Admin	22.73	21.73	24.04	22.5	19.38	26.39
Other Operating Expenses	2.64	5.36	10.73	5.11	3.16	4.02
Operating Expenses	25.36	27.09	32.1	23.07	18.4	28.93
Operating Income	-19.2	-17.58	4.44	2.2	6.26	17.66
Interest Expense	-6.14	-6.97	-7.57	-5.06	-4.52	-4.79
Interest & Investment Income	0	0	0.01	0.01	0.02	0.01
Earnings From Equity Investments	0.92	1.68	-	-	-	-
Other Non Operating Income (Expenses)	10.49	10.89	17.23	8.26	3.86	3.86
EBT Excluding Unusual Items	-13.94	-11.98	14.11	5.42	5.61	16.73
Gain (Loss) on Sale of Assets	-	-	-	0.1	0.02	-
Asset Writedown	-10.46	-10.59	-	-	-	-
Other Unusual Items	3.66	-2.02	-	-	-	-8.7
Pretax Income	-20.74	-24.59	14.11	5.52	5.62	8.03
Income Tax Expense	-3.75	-4.5	5.03	4.48	4.64	-0.25
Earnings From Continuing Operations	-16.99	-20.09	9.08	1.04	0.98	8.28
Earnings From Discontinued Operations	-	-	-	-	6.62	-32.68
Net Income to Company	-16.99	-20.09	9.08	1.04	7.6	-24.39
Minority Interest in Earnings	-2.58	-0.57	0.62	0.27	0.71	7.34
Net Income	-19.57	-20.66	9.7	1.3	8.31	-17.05
Net Income to Common	-19.57	-20.66	9.7	1.3	8.31	-17.05
Net Income Growth	-	-	643.63%	-84.31%	-	-
Shares Outstanding (Basic)	2,249	2,249	2,249	2,249	2,249	2,249
Shares Outstanding (Diluted)	2,249	2,249	2,249	2,249	2,249	2,249
EPS (Basic)	-0.01	-0.01	0.00	0.00	0.00	-0.01
EPS (Diluted)	-0.01	-0.01	0.00	0.00	0.00	-0.01
EPS Growth	-	-	644.56%	-84.33%	-	-
Free Cash Flow	13.29	7.14	64.47	-0.78	-40.92	30.4
Free Cash Flow Per Share	0.01	0.00	0.03	-	-0.02	0.01
Gross Margin	1.16%	1.75%	4.65%	3.48%	3.45%	9.54%
Operating Margin	-3.60%	-3.24%	0.56%	0.30%	0.88%	3.62%
Profit Margin	-3.67%	-3.81%	1.23%	0.18%	1.16%	-3.49%
Free Cash Flow Margin	2.49%	1.31%	8.21%	-0.11%	-5.73%	6.23%
EBITDA	-5.18	-5.27	17.87	12.29	14.86	29.28
EBITDA Margin	-0.97%	-0.97%	2.28%	1.69%	2.08%	6.00%
D&A For EBITDA	14.02	12.31	13.43	10.09	8.6	11.62
EBIT	-19.2	-17.58	4.44	2.2	6.26	17.66
EBIT Margin	-3.60%	-3.24%	0.56%	0.30%	0.88%	3.62%
Effective Tax Rate	-	-	35.66%	81.19%	82.54%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.