Skyworth 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	70,213	64,901	68,892	53,428	50,906
Revenue Growth (YoY)	8.19%	-5.79%	28.94%	4.95%	27.07%
Cost of Revenue	61,311	56,205	59,629	45,284	42,380
Gross Profit	8,902	8,696	9,263	8,144	8,526
Selling, General & Admin	6,097	5,556	5,373	5,093	5,460
Research & Development	2,071	2,086	2,127	2,116	2,097
Operating Expenses	8,168	7,642	7,500	7,209	7,557
Operating Income	734	1,054	1,763	935	969
Interest Expense	-457	-480	-522	-432	-461
Interest & Investment Income	282	548	398	323	317
Earnings From Equity Investments	-2	-23	-2	8	14
Other Non Operating Income (Expenses)	600	630	759	785	510
EBT Excluding Unusual Items	1,157	1,729	2,396	1,619	1,349
Gain (Loss) on Sale of Investments	231	47	-73	200	1,203
Other Unusual Items	-17	-38	-	-	-
Pretax Income	1,371	1,738	2,323	1,819	2,552
Income Tax Expense	534	578	557	412	587
Earnings From Continuing Operations	837	1,160	1,766	1,407	1,965
Minority Interest in Earnings	-481	-592	-697	-580	-331
Net Income	356	568	1,069	827	1,634
Net Income to Common	356	568	1,069	827	1,634
Net Income Growth	-37.32%	-46.87%	29.26%	-49.39%	13.47%
Shares Outstanding (Basic)	2,001	2,310	2,477	2,587	2,631
Shares Outstanding (Diluted)	2,001	2,310	2,478	2,589	2,634
Shares Change (YoY)	-13.38%	-6.78%	-4.29%	-1.74%	-10.51%
EPS (Basic)	0.18	0.25	0.43	0.32	0.62
EPS (Diluted)	0.18	0.25	0.43	0.32	0.62
EPS Growth	-27.65%	-43.01%	35.05%	-48.49%	39.51%
Free Cash Flow	863	-1,736	705	2,828	-674
Free Cash Flow Per Share	0.43	-0.75	0.28	1.09	-0.26
Dividend Per Share	-	-	0.073	0.027	0.187
Dividend Growth	-	-	173.64%	-85.84%	-
Gross Margin	12.68%	13.40%	13.45%	15.24%	16.75%
Operating Margin	1.04%	1.62%	2.56%	1.75%	1.90%
Profit Margin	0.51%	0.88%	1.55%	1.55%	3.21%
Free Cash Flow Margin	1.23%	-2.67%	1.02%	5.29%	-1.32%
EBITDA	1,421	1,626	2,304	1,643	1,497
EBITDA Margin	2.02%	2.50%	3.34%	3.08%	2.94%
D&A For EBITDA	687	572	541	708	528
EBIT	734	1,054	1,763	935	969
EBIT Margin	1.04%	1.62%	2.56%	1.75%	1.90%
Effective Tax Rate	38.95%	33.26%	23.98%	22.65%	23.00%
Revenue as Reported	70,324	65,013	69,031	53,491	50,928

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