China ITS (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	927.85	819.79	857.4	714.42	740.29
Revenue Growth (YoY)	13.18%	-4.39%	20.01%	-3.49%	-20.44%
Cost of Revenue	602.7	514.52	525.71	455.16	472.97
Gross Profit	325.15	305.27	331.69	259.26	267.32
Selling, General & Admin	190.39	118.89	129.91	131.28	147.35
Other Operating Expenses	13.81	-	-	-	-
Operating Expenses	204.21	155.68	158.84	128.52	139.05
Operating Income	120.94	149.59	172.84	130.75	128.28
Interest Expense	-7.47	-10.54	-9.78	-11.92	-18.04
Interest & Investment Income	-	11.28	13.57	7.53	9.7
Earnings From Equity Investments	7.56	1.61	0.93	-0.89	-
Currency Exchange Gain (Loss)	-	-70.06	-38.7	-16.56	-8.19
Other Non Operating Income (Expenses)	378.03	20.79	3.82	19.88	-2.34
EBT Excluding Unusual Items	499.06	102.68	142.67	128.79	109.41
Impairment of Goodwill	-373.46	-	-8.98	-	-
Gain (Loss) on Sale of Investments	-	-32.51	71.99	-54.49	32.5
Gain (Loss) on Sale of Assets	-	-	-	27.74	-
Asset Writedown	-	0.46	-3.09	0.42	-0.74
Pretax Income	125.6	70.63	202.59	102.46	141.17
Income Tax Expense	6.04	23.65	15.77	8.69	35.81
Earnings From Continuing Operations	119.56	46.98	186.82	93.77	105.36
Net Income to Company	119.56	46.98	186.82	93.77	105.36
Minority Interest in Earnings	-49.07	-24.92	-49.62	-45.28	-30.84
Net Income	70.49	22.06	137.2	48.49	74.52
Net Income to Common	70.49	22.06	137.2	48.49	74.52
Net Income Growth	219.56%	-83.92%	182.94%	-34.93%	-
Shares Outstanding (Basic)	1,762	1,709	1,687	1,665	1,654
Shares Outstanding (Diluted)	1,762	1,714	1,691	1,673	1,655
Shares Change (YoY)	2.80%	1.38%	1.07%	1.11%	0.03%
EPS (Basic)	0.04	0.01	0.08	0.03	0.05
EPS (Diluted)	0.04	0.01	0.08	0.03	0.05
EPS Growth	300.00%	-87.50%	174.72%	-35.36%	-
Free Cash Flow	-	-31.77	221.3	23.86	327.7
Free Cash Flow Per Share	-	-0.02	0.13	0.01	0.20
Dividend Per Share	-	-	0.021	-	-
Gross Margin	35.04%	37.24%	38.69%	36.29%	36.11%
Operating Margin	13.04%	18.25%	20.16%	18.30%	17.33%
Profit Margin	7.60%	2.69%	16.00%	6.79%	10.07%
Free Cash Flow Margin	-	-3.88%	25.81%	3.34%	44.27%
EBITDA	180.74	209.39	228.96	181.26	185.23
EBITDA Margin	19.48%	25.54%	26.70%	25.37%	25.02%
D&A For EBITDA	59.8	59.8	56.12	50.51	56.96
EBIT	120.94	149.59	172.84	130.75	128.28
EBIT Margin	13.04%	18.25%	20.16%	18.30%	17.33%
Effective Tax Rate	4.81%	33.49%	7.79%	8.48%	25.37%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.