Autostreets Development 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	359.13	408.59	491.97	467.63	677.69
Revenue Growth (YoY)	-21.41%	-16.95%	5.20%	-31.00%	-
Cost of Revenue	138.49	153.46	179.49	182.81	252.12
Gross Profit	220.64	255.13	312.48	284.82	425.57
Selling, General & Admin	170.21	214.47	228.75	212.32	196.58
Other Operating Expenses	-4.59	-4.59	-15.05	-19.14	-13.23
Operating Expenses	165.62	209.87	213.7	193.18	183.35
Operating Income	55.02	45.25	98.79	91.64	242.22
Interest Expense	-6.63	-6.32	-5.77	-5.72	-4.92
Interest & Investment Income	5.54	5.54	10.64	16.6	23.31
Earnings From Equity Investments	0.13	0.01	0.45	0.8	0.55
Currency Exchange Gain (Loss)	-1.14	-1.14	-0.14	-	-
Other Non Operating Income (Expenses)	139.36	-2.86	-4.24	-5.66	-6.63
EBT Excluding Unusual Items	192.27	40.49	99.72	97.67	254.52
Gain (Loss) on Sale of Investments	-142.34	-142.29	-75	-13.99	-26.8
Gain (Loss) on Sale of Assets	0.36	0.36	-6.78	-	-0.05
Asset Writedown	-	-	0.08	0.67	0.21
Other Unusual Items	-	-	-	15.88	-
Pretax Income	50.3	-101.45	18.02	100.23	227.88
Income Tax Expense	5.84	9.12	8.75	31.25	62.8
Earnings From Continuing Operations	44.46	-110.56	9.27	68.98	165.09
Minority Interest in Earnings	-14.39	-12.44	-24.78	-23.74	-117.12
Net Income	30.07	-123	-15.51	45.24	47.97
Net Income to Common	30.07	-123	-15.51	45.24	47.97
Net Income Growth	-	-	-	-5.69%	-
Shares Outstanding (Basic)	833	803	571	331	305
Shares Outstanding (Diluted)	833	803	571	331	305
Shares Change (YoY)	7.94%	40.78%	72.49%	8.48%	-
EPS (Basic)	0.04	-0.15	-0.03	0.14	0.16
EPS (Diluted)	0.04	-0.15	-0.03	0.14	0.16
EPS Growth	-	-	-	-13.06%	-
Free Cash Flow	86.4	7.33	116.26	90.77	182.49
Free Cash Flow Per Share	0.10	0.01	0.20	0.27	0.60
Gross Margin	61.44%	62.44%	63.52%	60.91%	62.80%
Operating Margin	15.32%	11.08%	20.08%	19.60%	35.74%
Profit Margin	8.37%	-30.10%	-3.15%	9.67%	7.08%
Free Cash Flow Margin	24.06%	1.79%	23.63%	19.41%	26.93%
EBITDA	60.64	50.96	103.72	100.44	252.91
EBITDA Margin	16.89%	12.47%	21.08%	21.48%	37.32%
D&A For EBITDA	5.62	5.71	4.94	8.8	10.69
EBIT	55.02	45.25	98.79	91.64	242.22
EBIT Margin	15.32%	11.08%	20.08%	19.60%	35.74%
Effective Tax Rate	11.61%	-	48.57%	31.18%	27.56%
Advertising Expenses	-	-	-	1.93	1.59

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.