Zibuyu Group 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
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
Revenue	3,824	3,325	3,000	3,066	2,347
Revenue Growth (YoY)	23.88%	10.83%	-2.15%	30.67%	-
Cost of Revenue	959.95	853.79	1,045	718.58	581.01
Gross Profit	2,864	2,471	1,955	2,348	1,766
Selling, General & Admin	2,712	2,336	2,210	2,228	1,501
Other Operating Expenses	-2.91	-1.93	-1.88	-12.1	-15.48
Operating Expenses	2,711	2,337	2,209	2,220	1,486
Operating Income	153.03	134.77	-253.74	127.63	279.9
Interest Expense	-6.1	-7.5	-9.38	-14.15	-8.46
Interest & Investment Income	11.98	11.54	5.28	1.08	-
Currency Exchange Gain (Loss)	10.22	15.57	11.15	11.99	-9.9
Other Non Operating Income (Expenses)	0.11	-0.02	-0.07	-0.2	-0.09
EBT Excluding Unusual Items	169.24	154.37	-246.78	126.35	261.46
Gain (Loss) on Sale of Investments	-	-	-	-	0.03
Gain (Loss) on Sale of Assets	-0.15	0.3	-0.44	-0.05	-0.05
Other Unusual Items	-	-	-	0.89	-23.81
Pretax Income	169.09	154.67	-247.21	127.19	237.63
Income Tax Expense	3.77	3.9	18.58	16.5	37.12
Net Income	165.32	150.78	-265.79	110.69	200.51
Net Income to Common	165.32	150.78	-265.79	110.69	200.51
Net Income Growth	-	-	-	-44.79%	-
Shares Outstanding (Basic)	489	493	500	464	458
Shares Outstanding (Diluted)	489	493	500	464	458
Shares Change (YoY)	-1.68%	-1.42%	7.77%	1.26%	-
EPS (Basic)	0.34	0.31	-0.53	0.24	0.44
EPS (Diluted)	0.34	0.31	-0.53	0.24	0.44
EPS Growth	-	-	-	-45.48%	-
Free Cash Flow	65.25	258	71.76	82.84	-213.7
Free Cash Flow Per Share	0.13	0.52	0.14	0.18	-0.47
Dividend Per Share	0.113	0.113	-	0.044	-
Gross Margin	74.90%	74.32%	65.17%	76.57%	75.24%
Operating Margin	4.00%	4.05%	-8.46%	4.16%	11.93%
Profit Margin	4.32%	4.53%	-8.86%	3.61%	8.54%
Free Cash Flow Margin	1.71%	7.76%	2.39%	2.70%	-9.11%
EBITDA	157.33	139.78	-247.6	132.26	283.47
EBITDA Margin	4.11%	4.20%	-8.25%	4.31%	12.08%
D&A For EBITDA	4.3	5	6.14	4.63	3.57
EBIT	153.03	134.77	-253.74	127.63	279.9
EBIT Margin	4.00%	4.05%	-8.46%	4.16%	11.93%
Effective Tax Rate	2.23%	2.52%	-	12.97%	15.62%

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