Zhong Ao Home 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	1,843	1,779	1,710	1,702	1,874
Revenue Growth (YoY)	3.61%	4.06%	0.43%	-9.13%	6.92%
Cost of Revenue	1,459	1,412	1,359	1,344	1,442
Gross Profit	383.85	366.81	350.56	358.23	431.86
Selling, General & Admin	203.49	213.75	198.83	215.15	239.68
Other Operating Expenses	29.78	-	-	-	-
Operating Expenses	233.27	234.38	225.03	234.47	258.72
Operating Income	150.58	132.43	125.53	123.76	173.14
Interest Expense	-2.05	-2.37	-3.38	-2.88	-6.38
Interest & Investment Income	-	9.47	9.68	7.44	4.69
Earnings From Equity Investments	1.13	2.75	3.01	4.48	4.02
Currency Exchange Gain (Loss)	-	-	1.9	-	0.26
Other Non Operating Income (Expenses)	0.96	-3.81	-12.02	6.44	12.58
EBT Excluding Unusual Items	150.63	138.48	124.71	139.23	188.31
Impairment of Goodwill	-	-	-	-14.99	-
Gain (Loss) on Sale of Assets	-	-	-	8.37	0.75
Asset Writedown	-	-	-	-	1.83
Pretax Income	150.63	138.48	124.71	132.61	190.88
Income Tax Expense	37.76	46.35	40.74	43.56	58.84
Earnings From Continuing Operations	112.86	92.13	83.97	89.05	132.04
Minority Interest in Earnings	-14.68	-3.23	-3.92	-12.14	-25.76
Net Income	98.19	88.9	80.05	76.91	106.28
Net Income to Common	98.19	88.9	80.05	76.91	106.28
Net Income Growth	10.45%	11.04%	4.09%	-27.64%	-19.18%
Shares Outstanding (Basic)	854	855	855	855	855
Shares Outstanding (Diluted)	854	855	855	855	855
Shares Change (YoY)	-0.09%	-	-	-	2.05%
EPS (Basic)	0.12	0.10	0.09	0.09	0.12
EPS (Diluted)	0.12	0.10	0.09	0.09	0.12
EPS Growth	10.55%	11.04%	4.09%	-27.64%	-20.81%
Free Cash Flow	-	34.88	97.81	63.45	-14.94
Free Cash Flow Per Share	-	0.04	0.11	0.07	-0.02
Dividend Per Share	-	0.023	0.023	0.022	0.020
Dividend Growth	-	3.52%	2.62%	8.58%	-19.37%
Gross Margin	20.82%	20.62%	20.51%	21.04%	23.05%
Operating Margin	8.17%	7.44%	7.34%	7.27%	9.24%
Profit Margin	5.33%	5.00%	4.68%	4.52%	5.67%
Free Cash Flow Margin	-	1.96%	5.72%	3.73%	-0.80%
EBITDA	191.2	173.05	161.95	161.73	209.85
EBITDA Margin	10.37%	9.73%	9.47%	9.50%	11.20%
D&A For EBITDA	40.62	40.62	36.42	37.96	36.71
EBIT	150.58	132.43	125.53	123.76	173.14
EBIT Margin	8.17%	7.44%	7.34%	7.27%	9.24%
Effective Tax Rate	25.07%	33.47%	32.67%	32.85%	30.83%

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