Folangsi Co., Ltd. (HKG:2499)

Folangsi Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,739	1,611	1,372	1,194	1,172	980.64
Revenue Growth (YoY)	19.63%	17.43%	14.87%	1.88%	19.53%	10.10%
Cost of Revenue	1,231	1,147	954.41	832.55	798.02	650.46
Gross Profit	507.9	463.73	417.4	361.66	374.17	330.18
Selling, General & Admin	275.47	245.64	218.42	203.28	227.22	193.02
Research & Development	43.73	43.92	42.18	39.65	-	-
Operating Expenses	326.86	297.65	263.03	247.11	231.72	199.82
Operating Income	181.04	166.08	154.37	114.56	142.45	130.36
Interest Expense	-107.71	-104.48	-85.1	-83.61	-81.84	-73.6
Interest & Investment Income	3.45	4.01	2	1.95	1.65	1.44
Earnings From Equity Investments	1.26	1.53	0.24	0.95	-4.93	-0.23
Currency Exchange Gain (Loss)	1.78	2.45	1.18	-2.38	0.58	0.59
Other Non Operating Income (Expenses)	6.39	5.92	-43.92	0.08	1.52	2.58
EBT Excluding Unusual Items	86.22	75.53	28.76	31.55	59.43	61.14
Gain (Loss) on Sale of Investments	-	-	0.09	2.33	-	-
Gain (Loss) on Sale of Assets	-0.03	-	-0.04	-	0.02	0.04
Other Unusual Items	29.84	29.84	1.82	1.55	-	-
Pretax Income	116.02	105.37	30.63	35.42	59.45	61.18
Income Tax Expense	5.97	3.41	-0.59	0.02	4.27	6.97
Net Income	110.05	101.96	31.22	35.4	55.18	54.21
Net Income to Common	110.05	101.96	31.22	35.4	55.18	54.21
Net Income Growth	75.59%	226.59%	-11.81%	-35.84%	1.79%	-1.59%
Shares Outstanding (Basic)	348	348	338	336	328	322
Shares Outstanding (Diluted)	348	348	338	336	328	322
Shares Change (YoY)	1.18%	2.99%	0.60%	2.48%	1.80%	-
EPS (Basic)	0.32	0.29	0.09	0.11	0.17	0.17
EPS (Diluted)	0.32	0.29	0.09	0.11	0.17	0.17
EPS Growth	73.55%	217.10%	-12.34%	-37.40%	-0.02%	-0.95%
Free Cash Flow	-	489.53	253.43	301.43	243.4	316.79
Free Cash Flow Per Share	-	1.41	0.75	0.90	0.74	0.98
Dividend Per Share	-	0.029	-	-	-	-
Gross Margin	29.20%	28.79%	30.43%	30.29%	31.92%	33.67%
Operating Margin	10.41%	10.31%	11.25%	9.59%	12.15%	13.29%
Profit Margin	6.33%	6.33%	2.28%	2.96%	4.71%	5.53%
Free Cash Flow Margin	-	30.39%	18.47%	25.24%	20.77%	32.30%
EBITDA	377.53	361.95	363.53	325.71	323.83	285.93
EBITDA Margin	21.71%	22.47%	26.50%	27.27%	27.63%	29.16%
D&A For EBITDA	196.49	195.87	209.16	211.16	181.38	155.57
EBIT	181.04	166.08	154.37	114.56	142.45	130.36
EBIT Margin	10.41%	10.31%	11.25%	9.59%	12.15%	13.29%
Effective Tax Rate	5.15%	3.23%	-	0.06%	7.18%	11.39%

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