Tu Yi Holding Company 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	317.11	213.76	92.65	26.29	20.79
Revenue Growth (YoY)	48.35%	130.73%	252.36%	26.48%	-32.65%
Cost of Revenue	249.45	163.23	59	18.88	18.46
Gross Profit	67.67	50.54	33.64	7.41	2.33
Selling, General & Admin	63.1	40.04	28.32	17.52	36.62
Operating Expenses	63.24	47.51	23.15	20.32	36.49
Operating Income	4.43	3.03	10.5	-12.91	-34.16
Interest Expense	-1.33	-1.16	-1.24	-1.31	-1.4
Interest & Investment Income	0.88	1.43	1.75	1.61	1.59
Earnings From Equity Investments	-0.02	-	-	-	-0.02
Currency Exchange Gain (Loss)	0.11	0.03	0.15	-0.16	-4.13
Other Non Operating Income (Expenses)	8.27	1.77	1.36	0.61	0.33
EBT Excluding Unusual Items	12.33	5.09	12.52	-12.16	-37.79
Impairment of Goodwill	-	-	-	-0.05	-
Gain (Loss) on Sale of Investments	0.2	1.43	1.98	-2.28	1.61
Gain (Loss) on Sale of Assets	0.41	-	-	-	0.04
Asset Writedown	-3.25	0.55	-2.38	-3.69	-2.82
Other Unusual Items	0.25	1.5	-0.17	0.19	-
Pretax Income	9.93	8.57	11.95	-17.99	-38.96
Income Tax Expense	1.49	-1.37	2.75	0.52	1.71
Earnings From Continuing Operations	8.44	9.94	9.19	-18.51	-40.67
Minority Interest in Earnings	0.1	-0.05	-0.27	0.05	0.08
Net Income	8.54	9.89	8.92	-18.46	-40.59
Net Income to Common	8.54	9.89	8.92	-18.46	-40.59
Net Income Growth	-13.67%	10.86%	-	-	-
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	0.01	0.01	0.01	-0.02	-0.04
EPS (Diluted)	0.01	0.01	0.01	-0.02	-0.04
EPS Growth	-13.67%	10.86%	-	-	-
Free Cash Flow	-	2.46	11.85	-11.8	-7.94
Free Cash Flow Per Share	-	0.00	0.01	-0.01	-0.01
Gross Margin	21.34%	23.64%	36.31%	28.18%	11.22%
Operating Margin	1.40%	1.42%	11.33%	-49.10%	-164.32%
Profit Margin	2.69%	4.63%	9.63%	-70.22%	-195.25%
Free Cash Flow Margin	-	1.15%	12.80%	-44.88%	-38.19%
EBITDA	11.35	9.95	14.36	-9.23	-30.09
EBITDA Margin	3.58%	4.66%	15.50%	-35.10%	-144.75%
D&A For EBITDA	6.93	6.93	3.86	3.68	4.07
EBIT	4.43	3.03	10.5	-12.91	-34.16
EBIT Margin	1.40%	1.42%	11.33%	-49.10%	-164.32%
Effective Tax Rate	15.03%	-	23.04%	-	-

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