Qian Xun Technology 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	1,494	356.83	378.71	412.66	441.05
Revenue Growth (YoY)	318.56%	-5.78%	-8.23%	-6.44%	-1.33%
Cost of Revenue	1,461	334.34	355.14	402.03	420.48
Gross Profit	32.59	22.5	23.57	10.63	20.57
Selling, General & Admin	42.1	23.09	10.81	11.37	16.05
Operating Expenses	48.84	102.38	51.89	39.68	8.15
Operating Income	-16.25	-79.89	-28.33	-29.05	12.42
Interest Expense	-12.35	-4.56	-5.53	-4.9	-6.81
Interest & Investment Income	0.28	0.26	0.05	0	0.06
Other Non Operating Income (Expenses)	-46.52	-45.77	1.74	1.9	-1.37
EBT Excluding Unusual Items	-74.84	-129.95	-32.07	-32.05	4.3
Gain (Loss) on Sale of Assets	46.57	9.3	-	-	-
Asset Writedown	-	-	-	-0.03	-
Other Unusual Items	16.18	-2.41	-	-	-
Pretax Income	-12.1	-123.06	-32.07	-32.07	4.3
Income Tax Expense	0.39	0.65	-8.72	-20.41	3.84
Earnings From Continuing Operations	-12.49	-123.71	-23.35	-11.66	0.46
Net Income to Company	-12.49	-123.71	-23.35	-11.66	0.46
Minority Interest in Earnings	-	0.01	-0.12	0.28	-0.02
Net Income	-12.49	-123.7	-23.47	-11.38	0.45
Net Income to Common	-12.49	-123.7	-23.47	-11.38	0.45
Net Income Growth	-	-	-	-	-84.35%
Shares Outstanding (Basic)	560	479	400	400	400
Shares Outstanding (Diluted)	560	479	400	400	400
Shares Change (YoY)	16.83%	19.84%	-	-	-
EPS (Basic)	-0.02	-0.26	-0.06	-0.03	0.00
EPS (Diluted)	-0.02	-0.26	-0.06	-0.03	0.00
EPS Growth	-	-	-	-	-84.34%
Free Cash Flow	-147.79	53.88	-36.5	-33.33	11.66
Free Cash Flow Per Share	-0.26	0.11	-0.09	-0.08	0.03
Gross Margin	2.18%	6.30%	6.22%	2.57%	4.67%
Operating Margin	-1.09%	-22.39%	-7.48%	-7.04%	2.82%
Profit Margin	-0.84%	-34.67%	-6.20%	-2.76%	0.10%
Free Cash Flow Margin	-9.89%	15.10%	-9.64%	-8.08%	2.64%
EBITDA	-15.74	-79.86	-28.3	-28.99	12.65
EBITDA Margin	-1.05%	-22.38%	-7.47%	-7.02%	2.87%
D&A For EBITDA	0.51	0.03	0.03	0.06	0.23
EBIT	-16.25	-79.89	-28.33	-29.05	12.42
EBIT Margin	-1.09%	-22.39%	-7.48%	-7.04%	2.82%
Effective Tax Rate	-	-	-	-	89.24%

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