Chanhigh Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,415	1,748	1,879	2,018	1,769	1,595
Revenue Growth (YoY)	-27.38%	-6.98%	-6.88%	14.11%	10.92%	17.59%
Cost of Revenue	1,286	1,617	1,738	1,879	1,614	1,457
Gross Profit	129.25	131.34	141.41	139.57	155	137.29
Selling, General & Admin	61.23	62.58	61.78	59.82	66.67	62.24
Other Operating Expenses	-8.32	-7.46	-3.8	-5.01	-3.67	-7.5
Operating Expenses	98.7	89.81	84.91	87.3	92.85	87.45
Operating Income	30.55	41.53	56.5	52.27	62.15	49.84
Interest Expense	-18.63	-22.87	-27.94	-23.76	-28.89	-26.08
Interest & Investment Income	20.18	16.95	15.12	27.4	6.11	5.94
Earnings From Equity Investments	2.78	0.97	0.24	-3.45	-0.13	-
Currency Exchange Gain (Loss)	0.14	0.14	0.12	0.91	0.15	-
EBT Excluding Unusual Items	35.01	36.72	44.03	53.37	39.39	29.7
Gain (Loss) on Sale of Assets	-0.14	-0.14	-0.24	-6.41	-	-
Pretax Income	34.86	36.58	43.79	46.96	39.39	29.7
Income Tax Expense	7.75	9.2	13.61	13.86	8.09	7.1
Earnings From Continuing Operations	27.12	27.37	30.18	33.1	31.3	22.6
Minority Interest in Earnings	0.04	-0.06	0.56	0.07	0.11	0.43
Net Income	27.16	27.31	30.75	33.17	31.41	23.03
Net Income to Common	27.16	27.31	30.75	33.17	31.41	23.03
Net Income Growth	-18.07%	-11.16%	-7.32%	5.61%	36.39%	-44.19%
Shares Outstanding (Basic)	620	619	619	619	619	619
Shares Outstanding (Diluted)	620	619	619	619	619	619
Shares Change (YoY)	0.25%	-	-	-	-	-
EPS (Basic)	0.04	0.04	0.05	0.05	0.05	0.04
EPS (Diluted)	0.04	0.04	0.05	0.05	0.05	0.04
EPS Growth	-18.28%	-11.16%	-7.32%	5.61%	36.38%	-44.19%
Free Cash Flow	-20.21	118.65	121.01	-82.42	40.53	-5.97
Free Cash Flow Per Share	-0.03	0.19	0.20	-0.13	0.07	-0.01
Gross Margin	9.13%	7.51%	7.52%	6.92%	8.76%	8.61%
Operating Margin	2.16%	2.38%	3.01%	2.59%	3.51%	3.13%
Profit Margin	1.92%	1.56%	1.64%	1.64%	1.78%	1.44%
Free Cash Flow Margin	-1.43%	6.79%	6.44%	-4.08%	2.29%	-0.37%
EBITDA	32.93	43.94	59.01	56.41	70.48	57.59
EBITDA Margin	2.33%	2.51%	3.14%	2.79%	3.98%	3.61%
D&A For EBITDA	2.39	2.41	2.51	4.14	8.33	7.75
EBIT	30.55	41.53	56.5	52.27	62.15	49.84
EBIT Margin	2.16%	2.38%	3.01%	2.59%	3.51%	3.13%
Effective Tax Rate	22.22%	25.16%	31.08%	29.51%	20.55%	23.91%

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