FRA:HAO 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	2,101	2,171	2,086	1,141	1,606	1,370
Revenue Growth (YoY)	-3.14%	4.09%	82.72%	-28.91%	17.24%	-13.12%
Cost of Revenue	2,077	2,022	2,047	1,123	871.44	676.43
Gross Profit	24.2	149.17	38.45	18.72	734.27	693.1
Selling, General & Admin	117.49	112.19	122.56	84.9	119.88	92.33
Other Operating Expenses	50.02	53.66	45.72	42.04	16.98	0.75
Operating Expenses	148.61	158.72	109.52	138.05	165.73	262.7
Operating Income	-124.41	-9.55	-71.08	-119.34	568.54	430.41
Interest Expense	-132.22	-135.63	-139.15	-88.9	-27.38	-6.43
Interest & Investment Income	26.11	24.53	9.13	1.5	6.52	3.31
Earnings From Equity Investments	42.71	-	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	-	-	-3.43
Other Non Operating Income (Expenses)	-79.92	-87.22	-1.51	-18.47	189.11	-339.87
EBT Excluding Unusual Items	-267.72	-207.87	-202.61	-225.21	736.79	83.98
Gain (Loss) on Sale of Investments	3.5	2.6	-7.41	-10.9	-18.21	-1,389
Gain (Loss) on Sale of Assets	0	-	1.27	-0.38	-0.71	-0.88
Other Unusual Items	66.87	-205.93	-	-	-	4.18
Pretax Income	-187.56	-401.2	-208.75	-236.5	717.87	-1,302
Income Tax Expense	-15.56	-34.95	-40.12	-45.79	-37.68	39.93
Earnings From Continuing Operations	-172	-366.25	-168.63	-190.7	755.55	-1,342
Minority Interest in Earnings	-31.6	-15.2	32.62	35.4	9.58	1.7
Net Income	-203.6	-381.44	-136.01	-155.3	765.13	-1,340
Net Income to Common	-203.6	-381.44	-136.01	-155.3	765.13	-1,340
Shares Outstanding (Basic)	473	473	473	473	473	473
Shares Outstanding (Diluted)	473	473	473	473	473	473
EPS (Basic)	-0.43	-0.81	-0.29	-0.33	1.62	-2.83
EPS (Diluted)	-0.44	-0.81	-0.29	-0.33	1.62	-2.83
Free Cash Flow	728.3	304.3	200.14	65.12	511.15	-876.03
Free Cash Flow Per Share	1.54	0.64	0.42	0.14	1.08	-1.85
Gross Margin	1.15%	6.87%	1.84%	1.64%	45.73%	50.61%
Operating Margin	-5.92%	-0.44%	-3.41%	-10.46%	35.41%	31.43%
Profit Margin	-9.69%	-17.57%	-6.52%	-13.61%	47.65%	-97.87%
Free Cash Flow Margin	34.66%	14.02%	9.60%	5.71%	31.83%	-63.97%
EBITDA	228.6	332.32	262.35	227.95	739.56	582.49
EBITDA Margin	10.88%	15.31%	12.58%	19.97%	46.06%	42.53%
D&A For EBITDA	353.01	341.87	333.42	347.29	171.02	152.08
EBIT	-124.41	-9.55	-71.08	-119.34	568.54	430.41
EBIT Margin	-5.92%	-0.44%	-3.41%	-10.46%	35.41%	31.43%

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