Labixiaoxin Snacks 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	969.81	866.68	764.38	684.26	648.07
Revenue Growth (YoY)	11.90%	13.38%	11.71%	5.58%	27.36%
Cost of Revenue	703.44	632.06	545.44	440.07	423.79
Gross Profit	266.37	234.62	218.94	244.19	224.28
Selling, General & Admin	232.47	283.99	209.03	221.25	178.27
Other Operating Expenses	-5.33	-3.46	-4.22	-4.56	-7.47
Operating Expenses	232.98	303.37	283.67	264.21	190.85
Operating Income	33.39	-68.76	-64.73	-20.02	33.43
Interest Expense	-17.77	-20.43	-23.03	-27.73	-31.31
Interest & Investment Income	0.05	0.23	0.33	0.38	0.82
Currency Exchange Gain (Loss)	0.04	0.32	0.13	-0.44	-0.11
Other Non Operating Income (Expenses)	-	-0.04	-0.03	0	-0.07
EBT Excluding Unusual Items	15.71	-88.67	-87.33	-47.8	2.76
Gain (Loss) on Sale of Assets	-	-	-	-20.92	13.26
Asset Writedown	-2.88	-4.79	-17.43	-1.13	-2.92
Other Unusual Items	-	-	-	2.19	3.9
Pretax Income	12.82	-93.46	-104.75	-67.67	17
Income Tax Expense	0.97	-	-	7.66	82.2
Net Income	11.85	-93.46	-104.75	-75.33	-65.2
Net Income to Common	11.85	-93.46	-104.75	-75.33	-65.2
Shares Outstanding (Basic)	218	175	133	133	133
Shares Outstanding (Diluted)	218	175	133	133	133
Shares Change (YoY)	24.84%	31.65%	-	-	-
EPS (Basic)	0.05	-0.53	-0.79	-0.57	-0.49
EPS (Diluted)	0.05	-0.53	-0.79	-0.57	-0.49
Free Cash Flow	-	-34.23	55.42	-4.98	-156.86
Free Cash Flow Per Share	-	-0.20	0.42	-0.04	-1.18
Gross Margin	27.47%	27.07%	28.64%	35.69%	34.61%
Operating Margin	3.44%	-7.93%	-8.47%	-2.93%	5.16%
Profit Margin	1.22%	-10.78%	-13.70%	-11.01%	-10.06%
Free Cash Flow Margin	-	-3.95%	7.25%	-0.73%	-24.20%
EBITDA	69.82	-32.33	-31.53	17.77	74.44
EBITDA Margin	7.20%	-3.73%	-4.12%	2.60%	11.49%
D&A For EBITDA	36.43	36.43	33.21	37.78	41.01
EBIT	33.39	-68.76	-64.73	-20.02	33.43
EBIT Margin	3.44%	-7.93%	-8.47%	-2.93%	5.16%
Effective Tax Rate	7.59%	-	-	-	483.64%
Advertising Expenses	56.28	96.06	60.29	92.03	48.7

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