Canggang Railway 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	278.16	258.93	349.05	333.43	355.99
Revenue Growth (YoY)	7.42%	-25.82%	4.68%	-6.34%	-1.52%
Cost of Revenue	149.09	137.66	176.52	181.16	181.89
Gross Profit	129.07	121.27	172.53	152.27	174.1
Selling, General & Admin	9.41	9.95	11.5	11.7	13.05
Other Operating Expenses	7.52	3.82	15.42	-12.4	1.37
Operating Expenses	54.81	49.38	63.7	37.09	49.61
Operating Income	74.26	71.89	108.83	115.18	124.49
Interest Expense	-28.61	-29.59	-24.87	-24.41	-23.26
Interest & Investment Income	0.76	2.02	3.79	2.67	2.13
Earnings From Equity Investments	-0	-	-	-0.85	-0.06
EBT Excluding Unusual Items	46.4	44.32	87.75	92.6	103.31
Gain (Loss) on Sale of Investments	28.28	31.12	-3.97	0.08	-
Gain (Loss) on Sale of Assets	0.73	-0.16	0.9	-1.54	1.46
Other Unusual Items	-	1.38	-	-	-
Pretax Income	75.41	76.66	84.68	91.13	104.77
Income Tax Expense	17.89	21.58	26.11	23.21	27.01
Earnings From Continuing Operations	57.53	55.08	58.57	67.92	77.76
Minority Interest in Earnings	0.36	1.38	0.41	0.15	-0.36
Net Income	57.88	56.46	58.98	68.08	77.39
Net Income to Common	57.88	56.46	58.98	68.08	77.39
Net Income Growth	2.52%	-4.27%	-13.36%	-12.04%	21.59%
Shares Outstanding (Basic)	3,848	3,848	3,871	3,983	4,000
Shares Outstanding (Diluted)	3,848	3,848	3,871	3,983	4,000
Shares Change (YoY)	-	-0.59%	-2.81%	-0.43%	25.34%
EPS (Basic)	0.02	0.01	0.02	0.02	0.02
EPS (Diluted)	0.02	0.01	0.02	0.02	0.02
EPS Growth	2.51%	-3.70%	-10.85%	-11.66%	-2.99%
Free Cash Flow	-	48.19	-2.54	43.14	74.89
Free Cash Flow Per Share	-	0.01	-0.00	0.01	0.02
Dividend Per Share	-	0.006	0.006	0.007	0.018
Dividend Growth	-	-	-14.29%	-60.23%	-
Gross Margin	46.40%	46.84%	49.43%	45.67%	48.91%
Operating Margin	26.70%	27.76%	31.18%	34.54%	34.97%
Profit Margin	20.81%	21.80%	16.90%	20.42%	21.74%
Free Cash Flow Margin	-	18.61%	-0.73%	12.94%	21.04%
EBITDA	105.46	103.1	142.48	148.77	156.75
EBITDA Margin	37.91%	39.81%	40.82%	44.62%	44.03%
D&A For EBITDA	31.21	31.21	33.65	33.59	32.27
EBIT	74.26	71.89	108.83	115.18	124.49
EBIT Margin	26.70%	27.76%	31.18%	34.54%	34.97%
Effective Tax Rate	23.72%	28.15%	30.84%	25.47%	25.78%

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