Wise Living Technology 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	1,506	1,648	1,534	1,444	1,291
Revenue Growth (YoY)	-8.62%	7.45%	6.25%	11.86%	-6.23%
Operations & Maintenance	-	-	-	-	12.33
Selling, General & Admin	169.81	167.35	175.16	139.59	141.31
Provision for Bad Debts	-9.35	24.87	-14.58	-23.66	-1.33
Other Operating Expenses	1,050	1,173	1,094	1,093	889.84
Total Operating Expenses	1,210	1,365	1,254	1,209	1,042
Operating Income	296.05	282.89	279.71	234.88	248.49
Interest Expense	-37.73	-42.11	-48.92	-68.27	-80.58
Interest Income	15.57	18.52	18.23	26.31	29.35
Net Interest Expense	-22.17	-23.58	-30.69	-41.95	-51.23
Income (Loss) on Equity Investments	17.16	16.1	15.37	13.54	11.96
Currency Exchange Gain (Loss)	-0.77	3.79	-2.89	-	-
Other Non-Operating Income (Expenses)	-3.48	0.6	-2.29	-1.7	-1.25
EBT Excluding Unusual Items	286.8	279.79	259.22	204.77	207.97
Gain (Loss) on Sale of Investments	-	-	-	0.15	0.42
Gain (Loss) on Sale of Assets	-	-	-	1.37	0.35
Asset Writedown	-10.15	-12.29	-3.98	-5.3	-2
Other Unusual Items	20.44	21.09	26.91	-14.64	-
Pretax Income	297.09	288.59	282.15	186.34	206.73
Income Tax Expense	56.23	51.17	55.32	45.96	35.67
Earnings From Continuing Ops.	240.86	237.42	226.83	140.38	171.06
Minority Interest in Earnings	-70.65	-73.27	-77.85	-43.94	-60.36
Net Income	170.21	164.15	148.98	96.43	110.7
Net Income to Common	170.21	164.15	148.98	96.43	110.7
Net Income Growth	3.69%	10.18%	54.49%	-12.89%	65.64%
Shares Outstanding (Basic)	302	302	262	226	226
Shares Outstanding (Diluted)	302	302	262	226	226
Shares Change (YoY)	-	15.10%	15.95%	-	-
EPS (Basic)	0.56	0.54	0.57	0.43	0.49
EPS (Diluted)	0.56	0.54	0.57	0.43	0.49
EPS Growth	3.69%	-4.27%	33.25%	-12.89%	65.64%
Free Cash Flow	372.19	359.28	653.64	602.61	495.28
Free Cash Flow Per Share	1.23	1.19	2.49	2.67	2.19
Dividend Per Share	0.170	0.164	0.150	-	-
Dividend Growth	3.66%	9.33%	-	-	-
Profit Margin	11.30%	9.96%	9.71%	6.68%	8.58%
Free Cash Flow Margin	24.71%	21.80%	42.61%	41.74%	38.38%
EBITDA	540.97	509.79	496.63	443.88	444.26
EBITDA Margin	35.91%	30.93%	32.37%	30.75%	34.42%
D&A For EBITDA	244.92	226.9	216.92	209	195.77
EBIT	296.05	282.89	279.71	234.88	248.49
EBIT Margin	19.65%	17.16%	18.23%	16.27%	19.25%
Effective Tax Rate	18.93%	17.73%	19.61%	24.67%	17.26%

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