LVGEM (China) Real Estate Investment Company Limited (HKG:0095)

HKG:0095 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,866	3,714	6,118	2,341	4,378
Revenue Growth (YoY)	-49.76%	-39.29%	161.33%	-46.53%	-19.30%
Cost of Revenue	4,783	3,563	4,541	1,308	2,190
Gross Profit	-2,917	150.93	1,576	1,033	2,188
Selling, General & Admin	568.49	614.59	710.65	660.06	729.1
Operating Expenses	568.49	614.59	710.65	696.44	729.1
Operating Income	-3,485	-463.65	865.6	336.21	1,459
Interest Expense	-1,125	-2,049	-1,744	-1,787	-1,711
Interest & Investment Income	38.58	45.85	55.79	88.23	92.02
Earnings From Equity Investments	-0	-	-0	-0	-0
Currency Exchange Gain (Loss)	-101.25	13.12	61.12	-31.2	6.4
Other Non Operating Income (Expenses)	4.48	-114.53	68.74	13.12	31.98
EBT Excluding Unusual Items	-4,668	-2,569	-692.86	-1,380	-121.21
Impairment of Goodwill	-	-231.6	-	-	-
Gain (Loss) on Sale of Assets	-222.58	-0	60.59	2,356	2,791
Asset Writedown	-5,514	-2,898	-1,212	-301.83	-220.02
Other Unusual Items	-	-	0.31	5.63	-
Pretax Income	-10,404	-5,698	-1,844	679.54	2,450
Income Tax Expense	-743.67	-264.31	288.29	976.06	1,115
Earnings From Continuing Operations	-9,660	-5,434	-2,132	-296.53	1,335
Minority Interest in Earnings	865.39	262.22	5.91	-433.62	-182.34
Net Income	-8,795	-5,171	-2,126	-730.15	1,153
Net Income to Common	-8,795	-5,171	-2,126	-730.15	1,153
Net Income Growth	-	-	-	-	-66.63%
Shares Outstanding (Basic)	6,034	5,136	5,098	5,098	5,098
Shares Outstanding (Diluted)	6,034	5,136	5,098	5,098	8,649
Shares Change (YoY)	17.49%	0.75%	-	-41.06%	-1.99%
EPS (Basic)	-1.46	-1.01	-0.42	-0.14	0.23
EPS (Diluted)	-1.46	-1.01	-0.42	-0.14	0.13
EPS Growth	-	-	-	-	-65.25%
Free Cash Flow	-	3,634	-3,630	-3,536	-2,032
Free Cash Flow Per Share	-	0.71	-0.71	-0.69	-0.23
Gross Margin	-156.30%	4.06%	25.77%	44.11%	49.99%
Operating Margin	-186.76%	-12.48%	14.15%	14.36%	33.33%
Profit Margin	-471.33%	-139.25%	-34.76%	-31.19%	26.33%
Free Cash Flow Margin	-	97.86%	-59.34%	-151.04%	-46.42%
EBITDA	-3,424	-402.34	925.92	414.16	1,533
EBITDA Margin	-183.48%	-10.83%	15.14%	17.69%	35.01%
D&A For EBITDA	61.31	61.31	60.31	77.95	73.44
EBIT	-3,485	-463.65	865.6	336.21	1,459
EBIT Margin	-186.76%	-12.48%	14.15%	14.36%	33.33%
Effective Tax Rate	-	-	-	143.64%	45.51%

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