Cathay Group 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	787.73	782.36	759.04	656.82	578.05
Revenue Growth (YoY)	0.69%	3.07%	15.56%	13.63%	-26.80%
Cost of Revenue	330.83	401.21	481.24	339.61	301.88
Gross Profit	456.91	381.15	277.8	317.2	276.17
Selling, General & Admin	132.93	143.6	142.33	110.54	109.56
Operating Expenses	127.87	223.73	383.45	251.18	135.57
Operating Income	329.04	157.42	-105.65	66.02	140.61
Interest Expense	-0.07	-0.97	-1.33	-0.58	-
Interest & Investment Income	18.21	18.34	7.59	4.15	0.79
Currency Exchange Gain (Loss)	0.4	-0.22	0.02	-1.11	-0.82
Other Non Operating Income (Expenses)	16.61	-57.94	-81.79	23.35	-44.85
EBT Excluding Unusual Items	364.18	116.64	-181.15	91.83	95.73
Gain (Loss) on Sale of Investments	-26.03	0.66	1.54	4.22	37.53
Gain (Loss) on Sale of Assets	-	-0.02	-1.54	-	-
Asset Writedown	-1.8	-	-	-	-
Other Unusual Items	0.94	-	-0.08	-	7
Pretax Income	337.3	117.28	-181.23	96.05	140.26
Income Tax Expense	5.73	0.36	-0.16	17.83	14.76
Earnings From Continuing Operations	331.58	116.91	-181.07	78.21	125.5
Earnings From Discontinued Operations	-	-	-	43.71	-53.67
Net Income to Company	331.58	116.91	-181.07	121.92	71.82
Minority Interest in Earnings	-30.58	-24.85	-15.2	-25.46	-14.3
Net Income	301	92.06	-196.27	96.47	57.53
Net Income to Common	301	92.06	-196.27	96.47	57.53
Net Income Growth	226.95%	-	-	67.69%	-81.82%
Shares Outstanding (Basic)	1,623	1,623	1,623	1,630	1,658
Shares Outstanding (Diluted)	1,623	1,623	1,623	1,630	1,658
Shares Change (YoY)	0.01%	-	-0.41%	-1.70%	17.61%
EPS (Basic)	0.19	0.06	-0.12	0.06	0.03
EPS (Diluted)	0.19	0.06	-0.12	0.06	0.03
EPS Growth	226.98%	-	-	70.59%	-84.23%
Free Cash Flow	-	260.06	119.74	264.4	-378.94
Free Cash Flow Per Share	-	0.16	0.07	0.16	-0.23
Dividend Per Share	0.061	0.028	0.027	0.053	0.073
Dividend Growth	116.76%	3.52%	-48.69%	-27.61%	4.74%
Gross Margin	58.00%	48.72%	36.60%	48.29%	47.78%
Operating Margin	41.77%	20.12%	-13.92%	10.05%	24.32%
Profit Margin	38.21%	11.77%	-25.86%	14.69%	9.95%
Free Cash Flow Margin	-	33.24%	15.78%	40.26%	-65.55%
EBITDA	404.97	233.35	-40.38	115.03	175.14
EBITDA Margin	51.41%	29.83%	-5.32%	17.51%	30.30%
D&A For EBITDA	75.93	75.93	65.27	49.01	34.54
EBIT	329.04	157.42	-105.65	66.02	140.61
EBIT Margin	41.77%	20.12%	-13.92%	10.05%	24.32%
Effective Tax Rate	1.70%	0.31%	-	18.57%	10.53%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.