WEIli 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	100.76	111.98	190.94	288.96	370.31	318.35
Revenue Growth (YoY)	-45.35%	-41.36%	-33.92%	-21.97%	16.32%	1.77%
Cost of Revenue	95.8	108.73	173.35	228.52	288.52	248.24
Gross Profit	4.96	3.25	17.6	60.44	81.79	70.11
Selling, General & Admin	17.65	18.59	25.9	39.07	42.51	22.68
Other Operating Expenses	-4.75	-2.99	-3.1	-6.02	-2.18	-1.27
Operating Expenses	12.9	15.6	22.8	33.05	40.33	21.41
Operating Income	-7.94	-12.35	-5.2	27.39	41.46	48.7
Interest Expense	-0.13	-0.55	-0.57	-0.22	-0.83	-1.17
Interest & Investment Income	0.89	1.2	1.78	1.46	1.38	0.68
Currency Exchange Gain (Loss)	-0.01	0.04	0.1	0.36	0.05	-
EBT Excluding Unusual Items	-7.2	-11.65	-3.89	28.99	42.06	48.22
Gain (Loss) on Sale of Assets	-	-0.06	-	-	0	-
Other Unusual Items	-	-	-	-	-	0.15
Pretax Income	-7.2	-11.71	-3.89	28.99	42.07	48.37
Income Tax Expense	-0.99	-2.22	-1.33	4.04	6.38	6.19
Net Income	-6.21	-9.49	-2.56	24.95	35.69	42.17
Net Income to Common	-6.21	-9.49	-2.56	24.95	35.69	42.17
Net Income Growth	-	-	-	-30.08%	-15.38%	22.96%
Shares Outstanding (Basic)	800	800	800	701	600	-
Shares Outstanding (Diluted)	800	800	800	701	600	-
Shares Change (YoY)	-	-	14.15%	16.80%	-	-
EPS (Basic)	-0.01	-0.01	-0.00	0.04	0.06	-
EPS (Diluted)	-0.01	-0.01	-0.00	0.04	0.06	-
EPS Growth	-	-	-	-40.14%	-	-
Free Cash Flow	27.01	-13.75	-44.87	9.49	27.35	70.22
Free Cash Flow Per Share	0.03	-0.02	-0.06	0.01	0.05	-
Gross Margin	4.92%	2.90%	9.22%	20.92%	22.09%	22.02%
Operating Margin	-7.88%	-11.03%	-2.72%	9.48%	11.20%	15.30%
Profit Margin	-6.16%	-8.48%	-1.34%	8.63%	9.64%	13.25%
Free Cash Flow Margin	26.80%	-12.28%	-23.50%	3.28%	7.39%	22.06%
EBITDA	-4.54	-9.3	-2.19	30.64	44.78	52
EBITDA Margin	-4.50%	-8.31%	-1.15%	10.61%	12.09%	16.33%
D&A For EBITDA	3.41	3.04	3.01	3.25	3.32	3.29
EBIT	-7.94	-12.35	-5.2	27.39	41.46	48.7
EBIT Margin	-7.88%	-11.03%	-2.72%	9.48%	11.20%	15.30%
Effective Tax Rate	-	-	-	13.93%	15.17%	12.81%

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