Labixiaoxin Snacks 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
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
Revenue	888.87	866.68	764.38	684.26	648.07	508.84
Revenue Growth (YoY)	5.07%	13.38%	11.71%	5.58%	27.36%	9.06%
Cost of Revenue	658.3	632.06	545.44	440.07	423.79	342.29
Gross Profit	230.57	234.62	218.94	244.19	224.28	166.54
Selling, General & Admin	239.39	283.99	209.03	221.25	178.27	182.87
Other Operating Expenses	-2.61	-3.46	-4.22	-4.56	-7.47	-12
Operating Expenses	253.86	303.37	283.67	264.21	190.85	188.94
Operating Income	-23.29	-68.76	-64.73	-20.02	33.43	-22.4
Interest Expense	-18.58	-20.43	-23.03	-27.73	-31.31	-40.51
Interest & Investment Income	0.14	0.23	0.33	0.38	0.82	1.03
Currency Exchange Gain (Loss)	0.24	0.32	0.13	-0.44	-0.11	-0.42
Other Non Operating Income (Expenses)	-0.04	-0.04	-0.03	0	-0.07	-0.16
EBT Excluding Unusual Items	-41.53	-88.67	-87.33	-47.8	2.76	-62.45
Gain (Loss) on Sale of Assets	-	-	-	-20.92	13.26	140.29
Asset Writedown	-4.79	-4.79	-17.43	-1.13	-2.92	-65.98
Other Unusual Items	-	-	-	2.19	3.9	4.12
Pretax Income	-46.32	-93.46	-104.75	-67.67	17	15.98
Income Tax Expense	0.97	-	-	7.66	82.2	45.38
Net Income	-47.29	-93.46	-104.75	-75.33	-65.2	-29.4
Net Income to Common	-47.29	-93.46	-104.75	-75.33	-65.2	-29.4
Shares Outstanding (Basic)	218	175	133	133	133	133
Shares Outstanding (Diluted)	218	175	133	133	133	133
Shares Change (YoY)	63.82%	31.65%	-	-	-	-
EPS (Basic)	-0.22	-0.53	-0.79	-0.57	-0.49	-0.22
EPS (Diluted)	-0.22	-0.53	-0.79	-0.57	-0.49	-0.22
Free Cash Flow	-16.58	-34.23	55.42	-4.98	-156.86	-21.57
Free Cash Flow Per Share	-0.08	-0.20	0.42	-0.04	-1.18	-0.16
Gross Margin	25.94%	27.07%	28.64%	35.69%	34.61%	32.73%
Operating Margin	-2.62%	-7.93%	-8.47%	-2.93%	5.16%	-4.40%
Profit Margin	-5.32%	-10.78%	-13.70%	-11.01%	-10.06%	-5.78%
Free Cash Flow Margin	-1.86%	-3.95%	7.25%	-0.73%	-24.20%	-4.24%
EBITDA	13.27	-32.33	-31.53	17.77	74.44	26.53
EBITDA Margin	1.49%	-3.73%	-4.12%	2.60%	11.49%	5.21%
D&A For EBITDA	36.55	36.43	33.21	37.78	41.01	48.93
EBIT	-23.29	-68.76	-64.73	-20.02	33.43	-22.4
EBIT Margin	-2.62%	-7.93%	-8.47%	-2.93%	5.16%	-4.40%
Effective Tax Rate	-	-	-	-	483.64%	284.05%
Advertising Expenses	-	96.06	60.29	92.03	48.7	35.03

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