Vanov Holdings Company Limited (HKG:2260)

Vanov Holdings Company 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	261.53	255.49	237.37	217.76	213.67	182.76
Revenue Growth (YoY)	5.73%	7.63%	9.01%	1.91%	16.91%	9.23%
Cost of Revenue	140.53	129.74	110.88	100.94	100.05	83.14
Gross Profit	121.01	125.75	126.49	116.82	113.62	99.62
Selling, General & Admin	83.55	79.13	64.73	61.94	51.44	49.91
Operating Expenses	83.55	79.13	64.73	61.94	51.44	49.91
Operating Income	37.45	46.62	61.76	54.88	62.18	49.71
Interest Expense	-14.87	-14.61	-11.71	-10.54	-8.23	-7.24
Interest & Investment Income	1.57	2.31	3.27	1	0.15	0.19
Currency Exchange Gain (Loss)	0.06	0.07	1.54	8.8	-	-
Other Non Operating Income (Expenses)	15.09	17.9	8.66	10.3	5	5.45
EBT Excluding Unusual Items	39.3	52.3	63.52	64.44	59.1	48.11
Gain (Loss) on Sale of Investments	0.21	0.15	-0.15	-0	-	-
Gain (Loss) on Sale of Assets	0.08	0.08	0.03	-	-	-
Legal Settlements	-	-	-	-	0.36	-
Other Unusual Items	-	-	-	-	-	0.39
Pretax Income	39.59	52.53	63.4	64.44	59.46	48.49
Income Tax Expense	4.79	5.83	9.71	11.44	8.77	7.48
Earnings From Continuing Operations	34.8	46.7	53.68	53	50.69	41.01
Minority Interest in Earnings	-0.4	-0.51	-0.56	-0.56	-0.55	-0.5
Net Income	34.4	46.19	53.12	52.44	50.14	40.52
Net Income to Common	34.4	46.19	53.12	52.44	50.14	40.52
Net Income Growth	-32.92%	-13.05%	1.31%	4.59%	23.74%	16.99%
Shares Outstanding (Basic)	457	468	483	480	366	366
Shares Outstanding (Diluted)	457	468	483	480	366	366
Shares Change (YoY)	-5.25%	-3.14%	0.79%	31.12%	-	-
EPS (Basic)	0.08	0.10	0.11	0.11	0.14	0.11
EPS (Diluted)	0.08	0.10	0.11	0.11	0.14	0.11
EPS Growth	-29.21%	-10.23%	0.51%	-20.23%	23.74%	16.99%
Free Cash Flow	80.47	54.88	-74.52	-26.41	20.94	24.38
Free Cash Flow Per Share	0.18	0.12	-0.15	-0.06	0.06	0.07
Dividend Per Share	0.028	0.028	0.036	0.035	-	-
Dividend Growth	-22.36%	-22.36%	2.61%	-	-	-
Gross Margin	46.27%	49.22%	53.29%	53.65%	53.18%	54.51%
Operating Margin	14.32%	18.25%	26.02%	25.20%	29.10%	27.20%
Profit Margin	13.15%	18.08%	22.38%	24.08%	23.46%	22.17%
Free Cash Flow Margin	30.77%	21.48%	-31.39%	-12.13%	9.80%	13.34%
EBITDA	63.72	66.73	72.41	64.98	72.07	58.85
EBITDA Margin	24.36%	26.12%	30.51%	29.84%	33.73%	32.20%
D&A For EBITDA	26.27	20.11	10.65	10.1	9.89	9.14
EBIT	37.45	46.62	61.76	54.88	62.18	49.71
EBIT Margin	14.32%	18.25%	26.02%	25.20%	29.10%	27.20%
Effective Tax Rate	12.11%	11.09%	15.32%	17.76%	14.75%	15.43%

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