China Hongqiao Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	168,821	162,354	156,169	133,624	131,699	114,491
Revenue Growth	3.18%	3.96%	16.87%	1.46%	15.03%	32.91%
Cost of Revenue	121,710	121,573	114,267	112,787	113,544	84,128
Gross Profit	47,111	40,781	41,901	20,837	18,156	30,363
Selling, General & Admin	5,696	5,018	5,654	5,708	6,531	6,234
Other Operating Expenses	3.07	-	1.8	0.62	0.08	0.76
Operating Expenses	5,699	5,018	5,656	5,709	6,531	6,235
Operating Income	41,412	35,763	36,246	15,128	11,624	24,128
Interest Expense	-3,309	-3,483	-3,363	-3,268	-3,018	-3,626
Interest & Investment Income	1,435	1,435	1,258	1,023	701.02	730.98
Earnings From Equity Investments	1,886	2,629	1,758	1,193	503.34	61.52
Currency Exchange Gain (Loss)	-	-	-	-	-	393.89
Other Non Operating Income (Expenses)	-569.39	-3,325	70.09	2,541	2,977	2,264
EBT Excluding Unusual Items	40,854	33,019	35,969	16,618	12,788	23,953
Merger & Restructuring Charges	-	-	-	-	-0.09	-
Impairment of Goodwill	-	-80.42	-	-	-	-
Gain (Loss) on Sale of Investments	454.79	454.79	-636.57	21.05	-	-116.81
Gain (Loss) on Sale of Assets	68.29	69.44	100.44	69.94	22.78	-
Asset Writedown	-941.39	-416.74	-2,635	-818.4	-224.84	-1,389
Other Unusual Items	-	-	-	-	20.52	107.1
Pretax Income	40,436	33,046	32,797	15,890	12,607	22,554
Income Tax Expense	10,723	8,893	8,252	3,393	2,798	5,705
Earnings From Continuing Operations	29,713	24,154	24,546	12,498	9,809	16,849
Minority Interest in Earnings	-2,228	-1,518	-2,173	-1,037	-1,107	-775.46
Net Income	27,485	22,636	22,372	11,461	8,702	16,073
Net Income to Common	27,485	22,636	22,372	11,461	8,702	16,073
Net Income Growth	7.46%	1.18%	95.21%	31.70%	-45.86%	53.14%
Shares Outstanding (Basic)	9,754	9,494	9,476	9,476	9,299	9,071
Shares Outstanding (Diluted)	9,948	9,494	9,476	9,801	9,299	9,656
Shares Change	5.38%	0.19%	-3.32%	5.39%	-3.69%	12.33%
EPS (Basic)	2.82	2.38	2.36	1.21	0.94	1.77
EPS (Diluted)	2.69	2.38	2.36	1.20	0.94	1.71
EPS Growth	-0.68%	0.98%	97.55%	27.72%	-45.34%	40.20%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	28,339	21,374	16,356	-1,227	22,650
Free Cash Flow Per Share	-	2.98	2.26	1.67	-0.13	2.35
Dividend Per Share	1.483	1.483	1.513	0.372	0.451	0.855
Dividend Growth	53.84%	-1.99%	306.52%	-17.50%	-47.26%	56.29%
Gross Margin	27.91%	25.12%	26.83%	15.59%	13.79%	26.52%
Operating Margin	24.53%	22.03%	23.21%	11.32%	8.83%	21.07%
Profit Margin	16.28%	13.94%	14.33%	8.58%	6.61%	14.04%
Free Cash Flow Margin	-	17.46%	13.69%	12.24%	-0.93%	19.78%
EBITDA	47,888	42,471	42,529	22,088	18,396	30,653
EBITDA Margin	28.37%	26.16%	27.23%	16.53%	13.97%	26.77%
D&A For EBITDA	6,477	6,708	6,283	6,960	6,772	6,524
EBIT	41,412	35,763	36,246	15,128	11,624	24,128
EBIT Margin	24.53%	22.03%	23.21%	11.32%	8.83%	21.07%
Effective Tax Rate	26.52%	26.91%	25.16%	21.35%	22.19%	25.30%