Redsun Properties Group Limited (HKG:1996)

Redsun Properties Group 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	4,316	11,306	19,795	20,013	26,667
Revenue Growth (YoY)	-61.83%	-42.88%	-1.09%	-24.95%	32.29%
Cost of Revenue	5,062	11,483	20,464	18,348	21,586
Gross Profit	-746.5	-177.07	-669.72	1,666	5,081
Selling, General & Admin	371.12	508.79	870.44	1,382	1,901
Operating Expenses	371.12	508.79	870.44	1,382	1,901
Operating Income	-1,118	-685.86	-1,540	284.04	3,180
Interest Expense	-1,579	-1,433	-1,683	-1,290	-1,119
Interest & Investment Income	1.47	6.6	28.56	44.21	158.54
Earnings From Equity Investments	-906.26	-1,072	-663.29	-586.12	319.83
Currency Exchange Gain (Loss)	255.36	-182.16	-196.83	-682.65	157.04
Other Non Operating Income (Expenses)	-12.27	-39.81	-714.18	-692.55	5.06
EBT Excluding Unusual Items	-3,358	-3,407	-4,769	-2,923	2,702
Gain (Loss) on Sale of Investments	-462.62	-408.9	-79.8	-46.24	76.71
Gain (Loss) on Sale of Assets	-85.21	1.29	-16.03	-368.59	60.7
Asset Writedown	-91.18	-1,293	-2,084	-549.02	276.44
Other Unusual Items	-493.97	7.87	6.05	551.27	8.88
Pretax Income	-4,491	-5,099	-6,943	-3,336	3,125
Income Tax Expense	355.99	426.35	796.8	602.18	1,259
Earnings From Continuing Operations	-4,847	-5,526	-7,740	-3,938	1,866
Minority Interest in Earnings	725.35	503.57	525.16	56.29	-619.81
Net Income	-4,122	-5,022	-7,215	-3,882	1,246
Net Income to Common	-4,122	-5,022	-7,215	-3,882	1,246
Net Income Growth	-	-	-	-	-24.99%
Shares Outstanding (Basic)	3,339	3,339	3,339	3,339	3,331
Shares Outstanding (Diluted)	3,339	3,339	3,339	3,339	3,341
Shares Change (YoY)	-	0.01%	0.00%	-0.07%	-0.31%
EPS (Basic)	-1.23	-1.50	-2.16	-1.16	0.37
EPS (Diluted)	-1.23	-1.50	-2.16	-1.16	0.37
EPS Growth	-	-	-	-	-26.00%
Free Cash Flow	40.32	-472.36	314.02	1,607	344.64
Free Cash Flow Per Share	0.01	-0.14	0.09	0.48	0.10
Gross Margin	-17.30%	-1.57%	-3.38%	8.32%	19.05%
Operating Margin	-25.90%	-6.07%	-7.78%	1.42%	11.93%
Profit Margin	-95.51%	-44.42%	-36.45%	-19.39%	4.67%
Free Cash Flow Margin	0.93%	-4.18%	1.59%	8.03%	1.29%
EBITDA	-1,103	-658.33	-1,496	350.47	3,253
EBITDA Margin	-25.55%	-5.82%	-7.56%	1.75%	12.20%
D&A For EBITDA	14.68	27.53	44.4	66.43	72.46
EBIT	-1,118	-685.86	-1,540	284.04	3,180
EBIT Margin	-25.90%	-6.07%	-7.78%	1.42%	11.93%
Effective Tax Rate	-	-	-	-	40.29%

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