Wise Living Technology 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	1,574	1,648	1,534	1,444	1,291	1,376
Revenue Growth (YoY)	-5.03%	7.45%	6.25%	11.86%	-6.23%	197.29%
Operations & Maintenance	-	-	-	-	12.33	16.09
Selling, General & Admin	169.55	167.35	175.16	139.59	141.31	124.95
Provision for Bad Debts	40.84	24.87	-14.58	-23.66	-1.33	13.41
Other Operating Expenses	1,092	1,173	1,094	1,093	889.84	1,019
Total Operating Expenses	1,303	1,365	1,254	1,209	1,042	1,173
Operating Income	271.35	282.89	279.71	234.88	248.49	202.84
Interest Expense	-37.23	-42.11	-48.92	-68.27	-80.58	-92.21
Interest Income	15.93	18.52	18.23	26.31	29.35	26.39
Net Interest Expense	-21.31	-23.58	-30.69	-41.95	-51.23	-65.82
Income (Loss) on Equity Investments	14.13	16.1	15.37	13.54	11.96	9.28
Currency Exchange Gain (Loss)	2.33	3.79	-2.89	-	-	-
Other Non-Operating Income (Expenses)	0.54	0.6	-2.29	-1.7	-1.25	-0.79
EBT Excluding Unusual Items	267.05	279.79	259.22	204.77	207.97	145.51
Gain (Loss) on Sale of Investments	-	-	-	0.15	0.42	1.21
Gain (Loss) on Sale of Assets	0.17	-	-	1.37	0.35	3.52
Asset Writedown	-11.8	-12.29	-3.98	-5.3	-2	-6.3
Other Unusual Items	18.5	21.09	26.91	-14.64	-	-
Pretax Income	273.92	288.59	282.15	186.34	206.73	143.93
Income Tax Expense	42.5	51.17	55.32	45.96	35.67	45.61
Earnings From Continuing Ops.	231.43	237.42	226.83	140.38	171.06	98.32
Minority Interest in Earnings	-67.82	-73.27	-77.85	-43.94	-60.36	-31.49
Net Income	163.61	164.15	148.98	96.43	110.7	66.83
Net Income to Common	163.61	164.15	148.98	96.43	110.7	66.83
Net Income Growth	-10.10%	10.18%	54.49%	-12.89%	65.64%	-
Shares Outstanding (Basic)	302	302	262	226	226	226
Shares Outstanding (Diluted)	302	302	262	226	226	226
Shares Change (YoY)	0.59%	15.10%	15.95%	-	-	1.01%
EPS (Basic)	0.54	0.54	0.57	0.43	0.49	0.30
EPS (Diluted)	0.54	0.54	0.57	0.43	0.49	0.30
EPS Growth	-10.63%	-4.27%	33.25%	-12.89%	65.64%	-
Free Cash Flow	373.57	359.28	653.64	602.61	495.28	384.94
Free Cash Flow Per Share	1.24	1.19	2.49	2.67	2.19	1.70
Dividend Per Share	0.164	0.164	0.150	-	-	-
Dividend Growth	9.33%	9.33%	-	-	-	-
Profit Margin	10.39%	9.96%	9.71%	6.68%	8.58%	4.86%
Free Cash Flow Margin	23.74%	21.80%	42.61%	41.74%	38.38%	27.97%
EBITDA	507.94	509.79	496.63	443.88	444.26	378.74
EBITDA Margin	32.27%	30.93%	32.37%	30.75%	34.42%	27.52%
D&A For EBITDA	236.58	226.9	216.92	209	195.77	175.91
EBIT	271.35	282.89	279.71	234.88	248.49	202.84
EBIT Margin	17.24%	17.16%	18.23%	16.27%	19.25%	14.74%
Effective Tax Rate	15.51%	17.73%	19.61%	24.67%	17.26%	31.69%

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