Autostreets Development 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
Revenue	271.08	408.59	491.97	467.63	677.69
Revenue Growth (YoY)	-33.66%	-16.95%	5.20%	-31.00%	-
Cost of Revenue	101.35	153.46	179.49	182.81	252.12
Gross Profit	169.73	255.13	312.48	284.82	425.57
Selling, General & Admin	145.93	214.47	228.75	212.32	196.58
Other Operating Expenses	-3.15	-4.28	-15.05	-19.14	-13.23
Operating Expenses	142.78	210.19	213.7	193.18	183.35
Operating Income	26.95	44.94	98.79	91.64	242.22
Interest Expense	-6.85	-6.32	-5.77	-5.72	-4.92
Interest & Investment Income	7.19	5.54	10.64	16.6	23.31
Earnings From Equity Investments	0.3	0.01	0.45	0.8	0.55
Currency Exchange Gain (Loss)	-0.11	-1.14	-0.14	-	-
Other Non Operating Income (Expenses)	-2.23	-2.54	-4.24	-5.66	-6.63
EBT Excluding Unusual Items	25.26	40.49	99.72	97.67	254.52
Gain (Loss) on Sale of Investments	-	-142.29	-75	-13.99	-26.8
Gain (Loss) on Sale of Assets	-	0.36	-6.78	-	-0.05
Asset Writedown	-	-	0.08	0.67	0.21
Other Unusual Items	-	-	-	15.88	-
Pretax Income	25.26	-101.45	18.02	100.23	227.88
Income Tax Expense	3.57	9.12	8.75	31.25	62.8
Earnings From Continuing Operations	21.69	-110.56	9.27	68.98	165.09
Minority Interest in Earnings	-13.42	-12.44	-24.78	-23.74	-117.12
Net Income	8.27	-123	-15.51	45.24	47.97
Net Income to Common	8.27	-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)	3.64%	40.78%	72.49%	8.48%	-
EPS (Basic)	0.01	-0.15	-0.03	0.14	0.16
EPS (Diluted)	0.01	-0.15	-0.03	0.14	0.16
EPS Growth	-	-	-	-13.06%	-
Free Cash Flow	36.51	7.33	116.26	90.77	182.49
Free Cash Flow Per Share	0.04	0.01	0.20	0.27	0.60
Gross Margin	62.61%	62.44%	63.52%	60.91%	62.80%
Operating Margin	9.94%	11.00%	20.08%	19.60%	35.74%
Profit Margin	3.05%	-30.10%	-3.15%	9.67%	7.08%
Free Cash Flow Margin	13.47%	1.79%	23.63%	19.41%	26.93%
EBITDA	31.26	50.65	103.72	100.44	252.91
EBITDA Margin	11.53%	12.40%	21.08%	21.48%	37.32%
D&A For EBITDA	4.31	5.71	4.94	8.8	10.69
EBIT	26.95	44.94	98.79	91.64	242.22
EBIT Margin	9.94%	11.00%	20.08%	19.60%	35.74%
Effective Tax Rate	14.14%	-	48.57%	31.18%	27.56%
Advertising Expenses	-	-	-	1.93	1.59

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