Maoyan Entertainment 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	4,631	4,082	4,757	2,319	3,323
Revenue Growth (YoY)	13.46%	-14.19%	105.11%	-30.21%	143.35%
Cost of Revenue	2,627	2,457	2,373	1,300	1,481
Gross Profit	2,004	1,625	2,385	1,020	1,842
Selling, General & Admin	1,227	1,303	1,214	780.06	1,033
Other Operating Expenses	52.82	-11.79	-51.89	-37.51	-31.9
Operating Expenses	1,280	1,368	1,280	796.35	1,055
Operating Income	724.38	257.3	1,105	223.62	787.3
Interest Expense	-10.09	-9.55	-5.12	-17.14	-31.29
Interest & Investment Income	-	121.43	81.04	39.26	28.25
Earnings From Equity Investments	-1.61	-1.66	-2.07	-2.92	-0.4
Currency Exchange Gain (Loss)	-	-21.59	-9.68	1.6	-
Other Non Operating Income (Expenses)	62.11	-53.15	-2.8	-63.22	-253.41
EBT Excluding Unusual Items	774.78	292.77	1,166	181.21	530.45
Gain (Loss) on Sale of Investments	-	-10.43	-12.44	0.27	6.73
Gain (Loss) on Sale of Assets	-	-3.59	-0.17	-0.19	-2.34
Other Unusual Items	-	22.57	-	-	-
Pretax Income	774.78	301.33	1,154	181.29	534.84
Income Tax Expense	211.69	119.42	245.84	76.48	166.34
Earnings From Continuing Operations	563.1	181.91	907.84	104.81	368.5
Minority Interest in Earnings	0.55	-	2.58	0.38	-
Net Income	563.65	181.91	910.41	105.19	368.5
Net Income to Common	563.65	181.91	910.41	105.19	368.5
Net Income Growth	209.86%	-80.02%	765.49%	-71.45%	-
Shares Outstanding (Basic)	1,150	1,146	1,145	1,144	1,140
Shares Outstanding (Diluted)	1,150	1,148	1,148	1,147	1,145
Shares Change (YoY)	0.16%	0.03%	0.14%	0.17%	1.03%
EPS (Basic)	0.49	0.16	0.79	0.09	0.32
EPS (Diluted)	0.49	0.16	0.79	0.09	0.32
EPS Growth	208.74%	-79.91%	777.78%	-71.88%	-
Free Cash Flow	-	-859.52	1,473	69.59	560.52
Free Cash Flow Per Share	-	-0.75	1.28	0.06	0.49
Dividend Per Share	-	0.301	-	-	-
Gross Margin	43.27%	39.81%	50.13%	43.97%	55.43%
Operating Margin	15.64%	6.30%	23.23%	9.64%	23.69%
Profit Margin	12.17%	4.46%	19.14%	4.54%	11.09%
Free Cash Flow Margin	-	-21.05%	30.96%	3.00%	16.87%
EBITDA	828.75	361.67	1,209	356.72	942.06
EBITDA Margin	17.89%	8.86%	25.40%	15.38%	28.35%
D&A For EBITDA	104.38	104.38	103.61	133.1	154.76
EBIT	724.38	257.3	1,105	223.62	787.3
EBIT Margin	15.64%	6.30%	23.23%	9.64%	23.69%
Effective Tax Rate	27.32%	39.63%	21.31%	42.19%	31.10%

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