Wenye Group Holdings Limited (HKG:1802)

Wenye Group Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	106.45	13.52	81.34	378.12	1,031
Revenue Growth (YoY)	687.13%	-83.37%	-78.49%	-63.34%	-17.33%
Cost of Revenue	93.42	12.24	74.23	354.46	953.67
Gross Profit	13.03	1.29	7.11	23.66	77.69
Selling, General & Admin	15.98	22.09	27.27	38.35	73.8
Other Operating Expenses	0	0.06	0.03	-3.25	-2.64
Operating Expenses	20.16	47.79	57.6	163.2	1,013
Operating Income	-7.13	-46.5	-50.49	-139.54	-935.05
Interest Expense	-4.15	-21	-15.67	-12.31	-13.5
Interest & Investment Income	0.05	0.03	4.4	6.68	1.35
Other Non Operating Income (Expenses)	-	-17.78	3.2	-37.15	-176.88
EBT Excluding Unusual Items	-11.23	-85.25	-58.56	-182.32	-1,124
Gain (Loss) on Sale of Assets	859.83	-	1.95	1.47	-0.03
Asset Writedown	-	-0.01	-2.22	-9.03	-1.04
Legal Settlements	-	-14.85	-4.47	-3.68	-31.33
Other Unusual Items	0.03	4.67	-0.23	0.15	-6.38
Pretax Income	848.63	-95.44	-63.52	-193.42	-1,163
Income Tax Expense	2.85	-	-	0.17	43.31
Earnings From Continuing Operations	845.78	-95.44	-63.52	-193.59	-1,206
Minority Interest in Earnings	0.3	0.06	0.06	0.23	-
Net Income	846.08	-95.38	-63.47	-193.36	-1,206
Preferred Dividends & Other Adjustments	-	-	-	-	1.69
Net Income to Common	846.08	-95.38	-63.47	-193.36	-1,208
Shares Outstanding (Basic)	763	594	594	594	594
Shares Outstanding (Diluted)	763	594	594	594	594
Shares Change (YoY)	28.40%	-	-	-	0.89%
EPS (Basic)	1.11	-0.16	-0.11	-0.33	-2.03
EPS (Diluted)	1.11	-0.16	-0.11	-0.33	-2.03
Free Cash Flow	-	-4.18	-15.09	21.1	-20.13
Free Cash Flow Per Share	-	-0.01	-0.03	0.04	-0.03
Gross Margin	12.24%	9.53%	8.75%	6.26%	7.53%
Operating Margin	-6.70%	-343.81%	-62.07%	-36.90%	-90.66%
Profit Margin	794.80%	-705.26%	-78.03%	-51.14%	-117.11%
Free Cash Flow Margin	-	-30.89%	-18.55%	5.58%	-1.95%
EBITDA	-6.94	-46.31	-50.28	-137.12	-932.5
EBITDA Margin	-6.52%	-	-61.81%	-36.27%	-90.41%
D&A For EBITDA	0.18	0.18	0.21	2.42	2.56
EBIT	-7.13	-46.5	-50.49	-139.54	-935.05
EBIT Margin	-6.70%	-	-62.07%	-36.90%	-90.66%
Effective Tax Rate	0.34%	-	-	-	-

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