Zhixin Group Holding 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	552.8	580.37	512.77	634.15	765.09
Revenue Growth (YoY)	-4.75%	13.18%	-19.14%	-17.11%	-2.52%
Cost of Revenue	513.99	499.41	408.58	576.67	660.8
Gross Profit	38.81	80.96	104.19	57.48	104.29
Selling, General & Admin	86.81	96.39	75.1	63.32	63.22
Other Operating Expenses	-7.53	-8.38	-4.03	-18.32	-20.76
Operating Expenses	82.94	104.94	72.07	46.56	45.92
Operating Income	-44.13	-23.99	32.12	10.93	58.37
Interest Expense	-13.94	-17.83	-15.88	-12.83	-12.58
Interest & Investment Income	0.03	0.04	0.02	0.13	0.22
Currency Exchange Gain (Loss)	-	-0.93	1.28	0.05	-2.13
Other Non Operating Income (Expenses)	-0.13	-0.37	-0.79	-0.43	-10.16
EBT Excluding Unusual Items	-58.17	-43.08	16.76	-2.15	33.72
Gain (Loss) on Sale of Assets	-	-4.6	-0.43	0.08	-0.18
Asset Writedown	-	-26.77	-2.26	-0.06	-0.03
Pretax Income	-58.17	-74.45	14.07	-2.13	33.51
Income Tax Expense	0.36	0.75	3.99	-3.39	13.11
Earnings From Continuing Operations	-58.53	-75.2	10.08	1.25	20.4
Net Income	-58.53	-75.2	10.08	1.25	20.4
Net Income to Common	-58.53	-75.2	10.08	1.25	20.4
Net Income Growth	-	-	704.31%	-93.86%	-67.43%
Shares Outstanding (Basic)	748	748	748	748	704
Shares Outstanding (Diluted)	748	748	748	748	704
Shares Change (YoY)	-	-	-	6.18%	25.57%
EPS (Basic)	-0.08	-0.10	0.01	0.00	0.03
EPS (Diluted)	-0.08	-0.10	0.01	0.00	0.03
EPS Growth	-	-	676.12%	-94.22%	-74.06%
Free Cash Flow	-	99.86	23.78	-206.46	-112.86
Free Cash Flow Per Share	-	0.13	0.03	-0.28	-0.16
Gross Margin	7.02%	13.95%	20.32%	9.06%	13.63%
Operating Margin	-7.98%	-4.13%	6.26%	1.72%	7.63%
Profit Margin	-10.59%	-12.96%	1.97%	0.20%	2.67%
Free Cash Flow Margin	-	17.21%	4.64%	-32.56%	-14.75%
EBITDA	-12.58	7.57	58.17	30.91	74.57
EBITDA Margin	-2.27%	1.30%	11.34%	4.87%	9.75%
D&A For EBITDA	31.55	31.55	26.05	19.98	16.2
EBIT	-44.13	-23.99	32.12	10.93	58.37
EBIT Margin	-7.98%	-4.13%	6.26%	1.72%	7.63%
Effective Tax Rate	-	-	28.37%	-	39.13%

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