Ling Yue Services Group Limited (HKG:2165)

Ling Yue Services Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	660.6	652.93	609.1	577.7	541.17	428.16
Revenue Growth (YoY)	5.24%	7.20%	5.43%	6.75%	26.40%	52.94%
Cost of Revenue	481.56	469.4	414.38	410.6	386.1	283.37
Gross Profit	179.03	183.53	194.72	167.11	155.07	144.79
Selling, General & Admin	61.24	60.64	56.6	56.42	67.21	61.56
Operating Expenses	84.4	75.41	72.6	63.81	71.59	63.48
Operating Income	94.63	108.12	122.11	103.3	83.48	81.31
Interest Expense	-	-	-	-0	-0.03	-0.05
Interest & Investment Income	7.4	7.4	7.39	4.37	0.57	0.12
Earnings From Equity Investments	0.26	0.96	1.03	1.11	0.21	0
Other Non Operating Income (Expenses)	3.23	0.85	-3.11	0.69	2.63	2.82
EBT Excluding Unusual Items	105.53	117.33	127.43	109.46	86.86	84.2
Impairment of Goodwill	-11.99	-11.99	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-8.13	0.02	-	-
Other Unusual Items	-0.12	-1.07	8.27	-13.54	0.76	-
Pretax Income	93.42	104.27	127.58	95.94	87.62	84.2
Income Tax Expense	14.59	18.07	22.96	15.68	12.45	13.94
Earnings From Continuing Operations	78.84	86.2	104.62	80.26	75.17	70.26
Minority Interest in Earnings	-6.23	-4.65	-2.76	-3.25	-4.56	-5.05
Net Income	72.61	81.55	101.86	77	70.61	65.22
Net Income to Common	72.61	81.55	101.86	77	70.61	65.22
Net Income Growth	-31.55%	-19.94%	32.28%	9.05%	8.28%	103.23%
Shares Outstanding (Basic)	286	286	286	286	245	210
Shares Outstanding (Diluted)	286	286	286	286	245	210
Shares Change (YoY)	-	-	-	16.40%	16.88%	-
EPS (Basic)	0.25	0.29	0.36	0.27	0.29	0.31
EPS (Diluted)	0.25	0.29	0.36	0.27	0.29	0.31
EPS Growth	-31.55%	-19.94%	32.28%	-6.31%	-7.36%	-
Free Cash Flow	102.95	115.4	238.57	90.62	0.51	114.67
Free Cash Flow Per Share	0.36	0.40	0.83	0.32	0.00	0.55
Gross Margin	27.10%	28.11%	31.97%	28.93%	28.66%	33.82%
Operating Margin	14.32%	16.56%	20.05%	17.88%	15.43%	18.99%
Profit Margin	10.99%	12.49%	16.72%	13.33%	13.05%	15.23%
Free Cash Flow Margin	15.58%	17.67%	39.17%	15.69%	0.09%	26.78%
EBITDA	98.63	111.21	125.42	106.39	86.23	83.89
EBITDA Margin	14.93%	17.03%	20.59%	18.42%	15.93%	19.59%
D&A For EBITDA	4	3.08	3.31	3.09	2.75	2.58
EBIT	94.63	108.12	122.11	103.3	83.48	81.31
EBIT Margin	14.32%	16.56%	20.05%	17.88%	15.43%	18.99%
Effective Tax Rate	15.61%	17.33%	17.99%	16.34%	14.21%	16.56%

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