Ajisen (China) Holdings 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
Operating Revenue	1,832	1,717	1,815	1,430	1,996
Revenue	1,832	1,717	1,815	1,430	1,996
Revenue Growth (YoY)	6.68%	-5.41%	26.97%	-28.38%	9.65%
Cost of Revenue	912.33	888.19	923.11	803.74	1,085
Gross Profit	919.61	829.1	892.3	626.05	911.23
Selling, General & Admin	-	34.64	56.26	34.41	51.42
Other Operating Expenses	513.69	458.05	392.5	338.24	456.05
Operating Expenses	854.51	813.94	766.91	740.63	887.11
Operating Income	65.1	15.16	125.39	-114.58	24.11
Interest Expense	-24.98	-22.59	-19.18	-26.02	-29.96
Interest & Investment Income	-	31.11	31.43	21.23	20.55
Earnings From Equity Investments	-2.5	-0.18	-0.84	-5.22	-2.33
Currency Exchange Gain (Loss)	-	-2	-0.23	-6.37	5.08
Other Non Operating Income (Expenses)	36.86	60	82.99	85.96	79.88
EBT Excluding Unusual Items	74.48	81.5	219.55	-45	97.33
Gain (Loss) on Sale of Investments	-	-15.7	22.95	-80.83	-56
Gain (Loss) on Sale of Assets	-	-2.29	-3.48	-15	-7.52
Asset Writedown	-13.34	-115.81	5.24	-52.69	6.82
Other Unusual Items	-	2.18	3.62	16.76	11.81
Pretax Income	61.14	-50.13	247.88	-176.77	52.44
Income Tax Expense	28.85	-34.89	55.35	-20.4	34.48
Earnings From Continuing Operations	32.29	-15.24	192.53	-156.37	17.96
Minority Interest in Earnings	-3.88	-4.98	-11.34	12.46	2.98
Net Income	28.41	-20.22	181.19	-143.91	20.94
Net Income to Common	28.41	-20.22	181.19	-143.91	20.94
Shares Outstanding (Basic)	947	1,092	1,092	1,092	1,092
Shares Outstanding (Diluted)	947	1,092	1,092	1,092	1,092
Shares Change (YoY)	-13.25%	-	-	-	-
EPS (Basic)	0.03	-0.02	0.17	-0.13	0.02
EPS (Diluted)	0.03	-0.02	0.17	-0.13	0.02
Free Cash Flow	-	319.48	432.86	244.87	296.46
Free Cash Flow Per Share	-	0.29	0.40	0.22	0.27
Dividend Per Share	-	0.060	0.080	0.060	0.100
Dividend Growth	-	-25.00%	33.33%	-40.00%	-
Gross Margin	50.20%	48.28%	49.15%	43.79%	45.65%
Operating Margin	3.55%	0.88%	6.91%	-8.01%	1.21%
Profit Margin	1.55%	-1.18%	9.98%	-10.06%	1.05%
Free Cash Flow Margin	-	18.60%	23.84%	17.13%	14.85%
EBITDA	169.5	119.56	238.67	16.51	162.59
EBITDA Margin	9.25%	6.96%	13.15%	1.16%	8.14%
D&A For EBITDA	104.4	104.4	113.28	131.1	138.47
EBIT	65.1	15.16	125.39	-114.58	24.11
EBIT Margin	3.55%	0.88%	6.91%	-8.01%	1.21%
Effective Tax Rate	47.19%	-	22.33%	-	65.75%
Advertising Expenses	-	21	13.6	11.6	17.8

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