Minth Group 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	2016 - 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	2016 - 2020
Revenue	24,344	23,147	20,524	17,306	13,919	12,467	Upgrade
Revenue Growth (YoY)	11.33%	12.78%	18.59%	24.33%	11.65%	-5.54%	Upgrade
Cost of Revenue	17,334	16,449	14,902	12,534	9,835	8,608	Upgrade
Gross Profit	7,009	6,698	5,622	4,773	4,084	3,859	Upgrade
Selling, General & Admin	2,729	2,686	2,241	2,160	1,982	1,550	Upgrade
Research & Development	1,461	1,449	1,397	1,172	940.7	764.19	Upgrade
Operating Expenses	4,211	4,152	3,660	3,360	2,925	2,330	Upgrade
Operating Income	2,798	2,546	1,962	1,413	1,159	1,529	Upgrade
Interest Expense	-408.82	-521.02	-515.5	-263.19	-263.31	-247.62	Upgrade
Interest & Investment Income	242.33	325.29	356.13	286.41	285	239.71	Upgrade
Earnings From Equity Investments	7.78	4.11	15.55	10.48	22.21	14.14	Upgrade
Currency Exchange Gain (Loss)	-15.01	31.36	7.82	34.11	-52.58	-0.33	Upgrade
Other Non Operating Income (Expenses)	389.57	479.32	464.98	376.01	510.78	138.04	Upgrade
EBT Excluding Unusual Items	3,014	2,865	2,291	1,857	1,661	1,673	Upgrade
Gain (Loss) on Sale of Investments	132.13	-21.57	-	7.78	54.47	68.46	Upgrade
Gain (Loss) on Sale of Assets	-30.05	-24.51	16.46	-26.39	168.68	7.62	Upgrade
Asset Writedown	-38.86	-12.29	-4.6	-58.86	-3.32	-16.38	Upgrade
Legal Settlements	-	-	-	-	-	-52.88	Upgrade
Other Unusual Items	27.45	-	12.95	-	-34.84	-	Upgrade
Pretax Income	3,105	2,807	2,315	1,779	1,846	1,680	Upgrade
Income Tax Expense	486.58	431.18	351.48	248.71	266.36	216.59	Upgrade
Earnings From Continuing Operations	2,618	2,376	1,964	1,530	1,579	1,463	Upgrade
Minority Interest in Earnings	-90.61	-56.46	-60.76	-29.78	-82.94	-67.48	Upgrade
Net Income	2,528	2,319	1,903	1,501	1,497	1,396	Upgrade
Net Income to Common	2,528	2,319	1,903	1,501	1,497	1,396	Upgrade
Net Income Growth	21.28%	21.86%	26.83%	0.27%	7.24%	-17.44%	Upgrade
Shares Outstanding (Basic)	1,143	1,149	1,150	1,151	1,152	1,150	Upgrade
Shares Outstanding (Diluted)	1,146	1,149	1,150	1,151	1,158	1,153	Upgrade
Shares Change (YoY)	-0.38%	-0.15%	-0.05%	-0.60%	0.39%	0.01%	Upgrade
EPS (Basic)	2.21	2.02	1.65	1.30	1.30	1.21	Upgrade
EPS (Diluted)	2.21	2.02	1.65	1.30	1.29	1.21	Upgrade
EPS Growth	21.81%	22.08%	26.87%	0.91%	6.78%	-17.46%	Upgrade
Free Cash Flow	-	1,368	147.56	-1,485	-1,820	-133.14	Upgrade
Free Cash Flow Per Share	-	1.19	0.13	-1.29	-1.57	-0.12	Upgrade
Dividend Per Share	-	0.409	-	0.511	0.513	0.482	Upgrade
Dividend Growth	-	-	-	-0.38%	6.56%	-17.87%	Upgrade
Gross Margin	28.79%	28.94%	27.39%	27.58%	29.34%	30.95%	Upgrade
Operating Margin	11.49%	11.00%	9.56%	8.16%	8.33%	12.26%	Upgrade
Profit Margin	10.38%	10.02%	9.27%	8.67%	10.75%	11.19%	Upgrade
Free Cash Flow Margin	-	5.91%	0.72%	-8.58%	-13.08%	-1.07%	Upgrade
EBITDA	4,277	4,000	3,264	2,452	2,007	2,347	Upgrade
EBITDA Margin	17.57%	17.28%	15.90%	14.17%	14.42%	18.83%	Upgrade
D&A For EBITDA	1,478	1,454	1,303	1,039	847.92	818.33	Upgrade
EBIT	2,798	2,546	1,962	1,413	1,159	1,529	Upgrade
EBIT Margin	11.49%	11.00%	9.56%	8.16%	8.33%	12.26%	Upgrade
Effective Tax Rate	15.67%	15.36%	15.18%	13.98%	14.43%	12.90%	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.