Lushang Life Services 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
Operating Revenue	570.7	608.92	956.6	627.2	582.8
Other Revenue	-	-	-	0.53	-
Revenue	570.7	608.92	956.6	627.73	582.8
Revenue Growth (YoY)	-6.28%	-36.35%	52.39%	7.71%	44.67%
Cost of Revenue	449.89	492.98	826.34	478.32	434.95
Gross Profit	120.81	115.94	130.26	149.41	147.85
Selling, General & Admin	50.76	49.91	67.57	49.8	52.72
Research & Development	7.46	5.09	4.23	5.12	-
Other Operating Expenses	2.65	3.87	13.67	1.35	-3.35
Operating Expenses	81.47	69.7	94.75	61.58	53.13
Operating Income	39.34	46.24	35.51	87.83	94.72
Interest Expense	-0.29	-0.29	-0.17	-	-2.7
Interest & Investment Income	7.76	6.39	23.75	4.92	5.85
Currency Exchange Gain (Loss)	-	-0.36	-0.75	9.31	-
Other Non Operating Income (Expenses)	-0.8	6.62	-2.46	-0.82	-
EBT Excluding Unusual Items	46.01	58.6	55.87	101.22	97.86
Gain (Loss) on Sale of Investments	-	-0.38	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-0.05
Asset Writedown	-0.4	-	-	-0.03	-
Other Unusual Items	-	0.88	0.83	-0.02	-
Pretax Income	45.62	59.1	56.7	101.17	97.81
Income Tax Expense	11.42	13.98	10.8	22.74	20.79
Earnings From Continuing Operations	34.2	45.12	45.91	78.43	77.02
Minority Interest in Earnings	-0.25	-0.03	-0.83	-1.55	-1.21
Net Income	33.95	45.09	45.08	76.88	75.81
Net Income to Common	33.95	45.09	45.08	76.88	75.81
Net Income Growth	-24.71%	0.03%	-41.36%	1.41%	67.34%
Shares Outstanding (Basic)	136	133	133	116	100
Shares Outstanding (Diluted)	136	133	133	116	100
Shares Change (YoY)	2.39%	0.03%	13.82%	16.48%	-
EPS (Basic)	0.25	0.34	0.34	0.66	0.76
EPS (Diluted)	0.25	0.34	0.34	0.66	0.76
EPS Growth	-26.47%	-	-48.48%	-12.94%	-
Free Cash Flow	-	-13.87	10.21	-10.07	-10.44
Free Cash Flow Per Share	-	-0.10	0.08	-0.09	-0.10
Dividend Per Share	-	0.108	-	0.107	-
Gross Margin	21.17%	19.04%	13.62%	23.80%	25.37%
Operating Margin	6.89%	7.59%	3.71%	13.99%	16.25%
Profit Margin	5.95%	7.41%	4.71%	12.25%	13.01%
Free Cash Flow Margin	-	-2.28%	1.07%	-1.60%	-1.79%
EBITDA	47.93	54.82	42.01	93.37	98.86
EBITDA Margin	8.40%	9.00%	4.39%	14.87%	16.96%
D&A For EBITDA	8.58	8.58	6.51	5.54	4.14
EBIT	39.34	46.24	35.51	87.83	94.72
EBIT Margin	6.89%	7.59%	3.71%	13.99%	16.25%
Effective Tax Rate	25.04%	23.65%	19.04%	22.47%	21.26%

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