Sun.King Technology 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	2,255	1,610	1,055	917.78	930.99
Revenue Growth (YoY)	40.04%	52.67%	14.92%	-1.42%	-23.43%
Cost of Revenue	1,687	1,090	719.17	656.38	647.18
Gross Profit	567.9	520.67	335.53	261.4	283.81
Selling, General & Admin	346.93	266.02	222.98	185.61	177.05
Research & Development	152.13	137.53	113.59	90.06	84.06
Other Operating Expenses	7.69	36	3.42	5.03	-0.51
Operating Expenses	506.75	439.55	339.98	280.71	260.6
Operating Income	61.15	81.13	-4.45	-19.31	23.22
Interest Expense	-15.52	-17.97	-11.04	-7.65	-10.34
Interest & Investment Income	6.83	10.34	11.06	8.65	10.4
Earnings From Equity Investments	-0.01	-0.19	-3.63	-3.85	-2.28
Currency Exchange Gain (Loss)	64.88	-	20.69	32.43	-14.17
Other Non Operating Income (Expenses)	61.84	39.82	25.7	27.05	24.49
EBT Excluding Unusual Items	179.17	113.13	38.32	37.33	31.32
Impairment of Goodwill	-	-	-1.19	-	-
Gain (Loss) on Sale of Investments	0.34	7.6	6.35	1.37	2.76
Gain (Loss) on Sale of Assets	-0.27	-	0.01	0.19	2.55
Other Unusual Items	-	1.46	3.47	-	-
Pretax Income	179.24	122.19	46.97	38.89	36.62
Income Tax Expense	45.08	36.74	22.01	15.86	18.07
Earnings From Continuing Operations	134.15	85.44	24.96	23.03	18.55
Minority Interest in Earnings	3.74	17.08	6.59	0.96	-3.09
Net Income	137.9	102.52	31.55	23.99	15.46
Net Income to Common	137.9	102.52	31.55	23.99	15.46
Net Income Growth	34.50%	224.98%	31.52%	55.16%	-91.28%
Shares Outstanding (Basic)	1,603	1,604	1,629	1,635	1,635
Shares Outstanding (Diluted)	1,613	1,604	1,632	1,640	1,645
Shares Change (YoY)	0.57%	-1.69%	-0.52%	-0.28%	1.03%
EPS (Basic)	0.09	0.06	0.02	0.01	0.01
EPS (Diluted)	0.09	0.06	0.02	0.01	0.01
EPS Growth	33.80%	231.08%	32.20%	55.34%	-91.37%
Free Cash Flow	-	-230.33	-118.08	6.96	188.2
Free Cash Flow Per Share	-	-0.14	-0.07	0.00	0.11
Dividend Per Share	0.018	0.009	-	-	-
Dividend Growth	91.26%	-	-	-	-
Gross Margin	25.19%	32.34%	31.81%	28.48%	30.48%
Operating Margin	2.71%	5.04%	-0.42%	-2.10%	2.49%
Profit Margin	6.12%	6.37%	2.99%	2.61%	1.66%
Free Cash Flow Margin	-	-14.30%	-11.20%	0.76%	20.21%
EBITDA	109.08	129.06	41.16	20.73	51.28
EBITDA Margin	4.84%	8.02%	3.90%	2.26%	5.51%
D&A For EBITDA	47.94	47.94	45.61	40.03	28.06
EBIT	61.15	81.13	-4.45	-19.31	23.22
EBIT Margin	2.71%	5.04%	-0.42%	-2.10%	2.49%
Effective Tax Rate	25.15%	30.07%	46.86%	40.78%	49.35%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.