XXF Group Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,062	1,010	879.03	936.7	515.06
Revenue Growth (YoY)	14.79%	14.91%	-6.16%	81.86%	-
Cost of Revenue	931.01	885.33	767.08	819.32	452.48
Gross Profit	430.98	419.01	374.45	351.94	297.28
Selling, General & Admin	236.74	231.96	196.24	181.36	170.34
Research & Development	0.59	0.41	0.72	2.11	0.42
Other Operating Expenses	-14.93	-16.58	-17	-3.2	9.72
Operating Expenses	225.46	220.31	184.85	184.14	182.58
Operating Income	205.52	198.7	189.6	167.81	114.7
Interest Expense	-161.95	-163.14	-143.99	-119.83	-111.02
Interest & Investment Income	1.61	1.64	0.97	1.33	1.85
EBT Excluding Unusual Items	45.45	37.21	46.58	49.3	5.53
Gain (Loss) on Sale of Investments	50.06	96.39	47.25	-4.15	-6.93
Gain (Loss) on Sale of Assets	-3.75	-3.75	-2.06	-2.82	-0.93
Other Unusual Items	-	-	-	0.68	23.3
Pretax Income	91.76	129.85	91.77	43.01	20.97
Income Tax Expense	24.7	20.02	14.69	12.32	10.72
Earnings From Continuing Operations	67.06	109.83	77.08	30.69	10.25
Minority Interest in Earnings	0.48	0.42	1.83	3.43	2.09
Net Income	67.54	110.25	78.91	34.11	12.34
Net Income to Common	67.54	110.25	78.91	34.11	12.34
Net Income Growth	-29.42%	39.72%	131.34%	176.41%	-
Shares Outstanding (Basic)	453	365	339	320	320
Shares Outstanding (Diluted)	495	430	413	386	320
Shares Change (YoY)	16.64%	4.34%	6.95%	20.62%	-
EPS (Basic)	0.15	0.30	0.23	0.11	0.04
EPS (Diluted)	0.04	0.03	0.08	0.10	0.04
EPS Growth	-59.07%	-58.05%	-22.64%	157.06%	-
Free Cash Flow	-147.86	-149.01	-211.91	-123.03	62.97
Free Cash Flow Per Share	-0.30	-0.35	-0.51	-0.32	0.20
Gross Margin	40.60%	41.48%	42.60%	37.57%	57.72%
Operating Margin	19.36%	19.67%	21.57%	17.91%	22.27%
Profit Margin	6.36%	10.91%	8.98%	3.64%	2.40%
Free Cash Flow Margin	-13.93%	-14.75%	-24.11%	-13.13%	12.23%
EBITDA	327.19	306.5	280.93	263.27	192.58
EBITDA Margin	30.82%	30.34%	31.96%	28.11%	37.39%
D&A For EBITDA	121.67	107.81	91.33	95.46	77.88
EBIT	205.52	198.7	189.6	167.81	114.7
EBIT Margin	19.36%	19.67%	21.57%	17.91%	22.27%
Effective Tax Rate	26.92%	15.41%	16.01%	28.65%	51.10%
Advertising Expenses	-	10.98	8.42	10.83	8.54

Source: S&P Capital IQ. Standard template. Financial Sources.