China Qidian Guofeng Holdings Limited (HKG:1280)

HKG:1280 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	356.59	441.99	319.81	262.35	301.17
Revenue Growth (YoY)	-19.32%	38.20%	21.90%	-12.89%	-14.37%
Cost of Revenue	271.87	322.82	257.44	223.64	264.11
Gross Profit	84.72	119.18	62.38	38.7	37.06
Selling, General & Admin	194.29	156.32	91.27	83.66	81.73
Other Operating Expenses	4.84	-10.36	-7.85	-0.03	0.68
Operating Expenses	199.43	146.34	83.58	84.13	83.54
Operating Income	-114.71	-27.16	-21.2	-45.42	-46.48
Interest Expense	-4.7	-10.49	-20.39	-22.58	-24.57
Interest & Investment Income	0.28	2.83	0.29	0.27	0.16
Earnings From Equity Investments	-0.31	0.36	-	-	-
Currency Exchange Gain (Loss)	-	-3.12	-11.56	-2.31	0.97
Other Non Operating Income (Expenses)	-0.34	-1.1	0.33	-	-
EBT Excluding Unusual Items	-119.79	-38.68	-52.53	-70.04	-69.92
Merger & Restructuring Charges	-0.77	-3.92	-	-	-
Impairment of Goodwill	-301.63	-2,183	-	-	-
Gain (Loss) on Sale of Assets	-	-0.32	106.34	-0.29	-0.14
Asset Writedown	-5.59	-	-	-55.73	-
Legal Settlements	-	-	-0.02	-12.32	5.36
Other Unusual Items	3.5	-3.2	-	0.86	2.54
Pretax Income	-424.28	-2,230	53.79	-137.51	-62.15
Income Tax Expense	3.97	-2.66	0.08	0.31	0.03
Earnings From Continuing Operations	-428.25	-2,227	53.71	-137.83	-62.18
Minority Interest in Earnings	9.86	5.18	2.14	1.06	2.14
Net Income	-418.39	-2,222	55.85	-136.77	-60.04
Net Income to Common	-418.39	-2,222	55.85	-136.77	-60.04
Shares Outstanding (Basic)	1,804	882	219	219	204
Shares Outstanding (Diluted)	1,804	882	219	219	204
Shares Change (YoY)	104.54%	302.26%	-	7.46%	35.45%
EPS (Basic)	-0.23	-2.52	0.25	-0.62	-0.29
EPS (Diluted)	-0.23	-2.52	0.25	-0.62	-0.29
Free Cash Flow	-	-48.07	43.56	-31.94	5.4
Free Cash Flow Per Share	-	-0.05	0.20	-0.15	0.03
Gross Margin	23.76%	26.96%	19.50%	14.75%	12.31%
Operating Margin	-32.17%	-6.14%	-6.63%	-17.31%	-15.43%
Profit Margin	-117.33%	-502.65%	17.46%	-52.13%	-19.93%
Free Cash Flow Margin	-	-10.88%	13.62%	-12.17%	1.79%
EBITDA	-113.32	-25.77	-17.6	-36.82	-40.14
EBITDA Margin	-31.78%	-5.83%	-5.50%	-14.04%	-13.33%
D&A For EBITDA	1.4	1.4	3.6	8.6	6.34
EBIT	-114.71	-27.16	-21.2	-45.42	-46.48
EBIT Margin	-32.17%	-6.14%	-6.63%	-17.31%	-15.43%
Effective Tax Rate	-	-	0.15%	-	-

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