Fufeng Group 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	27,879	27,757	28,007	27,475	21,540
Revenue Growth (YoY)	0.44%	-0.89%	1.94%	27.55%	29.05%
Cost of Revenue	22,397	22,700	21,759	20,262	17,635
Gross Profit	5,482	5,057	6,247	7,212	3,905
Selling, General & Admin	3,373	3,055	3,006	2,810	2,350
Other Operating Expenses	-496.06	-334.41	-138.82	-248.89	-136.46
Operating Expenses	2,852	2,713	2,869	2,550	2,230
Operating Income	2,630	2,343	3,378	4,663	1,675
Interest Expense	-262.08	-203.79	-165.05	-238.5	-172.71
Interest & Investment Income	530.45	498.66	330.5	100.77	36.27
Earnings From Equity Investments	-0.21	-0.11	-0.19	-1.27	-10.22
Currency Exchange Gain (Loss)	-196.12	197.18	146.26	355.58	39.39
Other Non Operating Income (Expenses)	-11.24	-	-	-	-50
EBT Excluding Unusual Items	2,690	2,835	3,689	4,879	1,518
Gain (Loss) on Sale of Investments	0.85	-4.77	-	-7.48	-
Gain (Loss) on Sale of Assets	71.92	-8.55	160.75	-11.53	-1.59
Legal Settlements	233	15	-	-	-
Pretax Income	2,996	2,837	3,850	4,860	1,516
Income Tax Expense	530.87	524.65	706.12	999.23	235.33
Net Income	2,465	2,312	3,144	3,861	1,281
Net Income to Common	2,465	2,312	3,144	3,861	1,281
Net Income Growth	6.61%	-26.45%	-18.57%	201.50%	103.31%
Shares Outstanding (Basic)	2,507	2,517	2,535	2,535	2,534
Shares Outstanding (Diluted)	2,508	2,518	2,536	2,535	2,534
Shares Change (YoY)	-0.40%	-0.71%	0.02%	0.06%	-
EPS (Basic)	0.98	0.92	1.24	1.52	0.51
EPS (Diluted)	0.98	0.92	1.24	1.52	0.51
EPS Growth	7.04%	-25.93%	-18.59%	201.31%	103.32%
Free Cash Flow	342.34	1,763	-456.39	2,612	2,277
Free Cash Flow Per Share	0.14	0.70	-0.18	1.03	0.90
Dividend Per Share	0.317	0.321	0.410	0.533	0.177
Dividend Growth	-1.25%	-21.71%	-23.08%	201.13%	104.62%
Gross Margin	19.66%	18.22%	22.31%	26.25%	18.13%
Operating Margin	9.43%	8.44%	12.06%	16.97%	7.78%
Profit Margin	8.84%	8.33%	11.23%	14.05%	5.95%
Free Cash Flow Margin	1.23%	6.35%	-1.63%	9.51%	10.57%
EBITDA	3,896	3,533	4,473	5,795	2,894
EBITDA Margin	13.97%	12.73%	15.97%	21.09%	13.44%
D&A For EBITDA	1,266	1,189	1,095	1,133	1,219
EBIT	2,630	2,343	3,378	4,663	1,675
EBIT Margin	9.43%	8.44%	12.06%	16.97%	7.78%
Effective Tax Rate	17.72%	18.49%	18.34%	20.56%	15.52%
Advertising Expenses	-	-	-	10.58	13.49

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