Zensun Enterprises Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,917	9,542	20,035	9,657	13,421
Revenue Growth (YoY)	-27.51%	-52.37%	107.46%	-28.05%	66.33%
Cost of Revenue	6,980	10,570	20,535	11,487	12,326
Gross Profit	-62.69	-1,028	-500.53	-1,830	1,096
Selling, General & Admin	165.76	198.76	270.67	311.93	487
Operating Expenses	165.76	227.03	275.26	323.54	487
Operating Income	-228.45	-1,255	-775.78	-2,153	608.97
Interest Expense	-438.45	-289.65	-438.62	-114.77	-89.92
Interest & Investment Income	0.62	2.55	8.1	7.49	30.79
Currency Exchange Gain (Loss)	-61.91	-24.88	-64.29	-187.15	-16.94
Other Non Operating Income (Expenses)	-2.39	4.65	0.6	11.33	13.23
EBT Excluding Unusual Items	-730.57	-1,562	-1,270	-2,436	546.13
Impairment of Goodwill	-	-	-300.36	-124.37	-
Gain (Loss) on Sale of Investments	25.19	-89.3	40.32	-207.04	112.62
Gain (Loss) on Sale of Assets	-	0.06	-	-	-
Asset Writedown	7.53	-30.08	-7.97	19.32	-0.1
Pretax Income	-697.85	-1,682	-1,538	-2,749	658.65
Income Tax Expense	161.35	491.21	709.27	193.98	273.61
Earnings From Continuing Operations	-859.2	-2,173	-2,247	-2,943	385.04
Minority Interest in Earnings	3.17	-9.03	-51.19	-3.59	14.43
Net Income	-856.04	-2,182	-2,298	-2,946	399.47
Net Income to Common	-856.04	-2,182	-2,298	-2,946	399.47
Net Income Growth	-	-	-	-	-48.98%
Shares Outstanding (Basic)	1,913	1,913	1,913	1,913	1,913
Shares Outstanding (Diluted)	1,913	1,913	1,913	1,913	1,913
Shares Change (YoY)	-	-	-	-	71.98%
EPS (Basic)	-0.45	-1.14	-1.20	-1.54	0.21
EPS (Diluted)	-0.45	-1.14	-1.20	-1.54	0.21
EPS Growth	-	-	-	-	-70.34%
Free Cash Flow	-	630.75	2,045	5,320	5,478
Free Cash Flow Per Share	-	0.33	1.07	2.78	2.86
Gross Margin	-0.91%	-10.77%	-2.50%	-18.95%	8.17%
Operating Margin	-3.30%	-13.15%	-3.87%	-22.30%	4.54%
Profit Margin	-12.38%	-22.87%	-11.47%	-30.51%	2.98%
Free Cash Flow Margin	-	6.61%	10.21%	55.09%	40.81%
EBITDA	-214.23	-1,241	-764.6	-2,133	611.13
EBITDA Margin	-3.10%	-13.00%	-3.82%	-22.09%	4.55%
D&A For EBITDA	14.23	14.23	11.19	20.04	2.16
EBIT	-228.45	-1,255	-775.78	-2,153	608.97
EBIT Margin	-3.30%	-13.15%	-3.87%	-22.30%	4.54%
Effective Tax Rate	-	-	-	-	41.54%

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