MIE Holdings 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	706.41	897.54	1,036	1,431	1,018
Revenue Growth (YoY)	-21.29%	-13.36%	-27.62%	40.62%	77.80%
Cost of Revenue	226.95	213.54	216.39	256.53	262.8
Gross Profit	479.46	684	819.6	1,175	755.04
Selling, General & Admin	92.04	93.38	94.94	93.09	101.87
Other Operating Expenses	8.54	61.1	64.11	153.83	29.37
Operating Expenses	437.98	517.16	526.82	633.74	211.45
Operating Income	41.48	166.84	292.78	541.03	543.59
Interest Expense	-390.53	-356.44	-345.01	-468.9	-775.43
Interest & Investment Income	0.03	0	0.17	0.11	17.77
Currency Exchange Gain (Loss)	-	-20.44	-46.3	-83.96	-15.4
Other Non Operating Income (Expenses)	5.3	32.61	24.65	54.15	8.78
EBT Excluding Unusual Items	-343.72	-177.43	-73.7	42.43	-220.69
Gain (Loss) on Sale of Investments	-	-	-0.01	-45.77	-17.73
Asset Writedown	-136.03	-93.4	-	-2.5	-
Other Unusual Items	-	-	-	2,512	-
Pretax Income	-479.75	-270.83	-73.71	2,507	-238.43
Income Tax Expense	23.19	58.13	83.82	127.71	99.94
Earnings From Continuing Operations	-502.94	-328.96	-157.53	2,379	-338.36
Net Income to Company	-502.94	-328.96	-157.53	2,379	-338.36
Net Income	-502.94	-328.96	-157.53	2,379	-338.36
Net Income to Common	-502.94	-328.96	-157.53	2,379	-338.36
Shares Outstanding (Basic)	3,387	3,387	3,387	3,315	3,269
Shares Outstanding (Diluted)	3,387	3,387	3,387	3,390	3,269
Shares Change (YoY)	-	-	-0.11%	3.69%	-
EPS (Basic)	-0.15	-0.10	-0.05	0.72	-0.10
EPS (Diluted)	-0.15	-0.10	-0.05	0.70	-0.10
Free Cash Flow	-	290.25	213.31	313.5	39.02
Free Cash Flow Per Share	-	0.09	0.06	0.09	0.01
Gross Margin	67.87%	76.21%	79.11%	82.08%	74.18%
Operating Margin	5.87%	18.59%	28.26%	37.80%	53.41%
Profit Margin	-71.20%	-36.65%	-15.21%	166.20%	-33.24%
Free Cash Flow Margin	-	32.34%	20.59%	21.90%	3.83%
EBITDA	416.94	542.3	672.1	935.47	626.04
EBITDA Margin	59.02%	60.42%	64.88%	65.36%	61.51%
D&A For EBITDA	375.46	375.46	379.31	394.45	82.46
EBIT	41.48	166.84	292.78	541.03	543.59
EBIT Margin	5.87%	18.59%	28.26%	37.80%	53.41%
Effective Tax Rate	-	-	-	5.10%	-

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