Newtrend Group Holding 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	686.65	568.87	446.94	761.5
Revenue Growth (YoY)	-9.83%	27.28%	-41.31%	-
Cost of Revenue	529.15	467.22	367.93	567.21
Gross Profit	157.5	101.65	79.01	194.29
Selling, General & Admin	41.6	33.94	31.77	34.82
Research & Development	21.48	16.6	17.22	13.96
Other Operating Expenses	1.42	1.42	1.09	1.23
Operating Expenses	73.46	57.66	50.87	51.13
Operating Income	84.03	43.98	28.14	143.16
Interest Expense	-6.05	-2.79	-3.47	-4.96
Interest & Investment Income	2.25	3.6	5.3	0.39
Currency Exchange Gain (Loss)	5.72	8.15	8.19	24.06
Other Non Operating Income (Expenses)	-10.44	-3.91	10.17	7.3
EBT Excluding Unusual Items	75.51	49.04	48.33	169.96
Gain (Loss) on Sale of Investments	-	-	0.29	1.21
Asset Writedown	-0.8	-0.3	-0.23	-18.26
Other Unusual Items	0	-	-	-3.59
Pretax Income	74.71	48.73	48.38	149.32
Income Tax Expense	10.48	5.33	3.72	27.3
Net Income	64.23	43.41	44.66	122.02
Net Income to Common	64.23	43.41	44.66	122.02
Net Income Growth	-47.36%	-2.81%	-63.40%	-
Shares Outstanding (Basic)	86	86	86	86
Shares Outstanding (Diluted)	86	86	86	86
EPS (Basic)	0.74	0.51	0.52	1.42
EPS (Diluted)	0.74	0.51	0.52	1.42
EPS Growth	-47.74%	-2.81%	-63.40%	-
Free Cash Flow	-	-75.42	-42.22	145.6
Free Cash Flow Per Share	-	-0.88	-0.49	1.70
Gross Margin	22.94%	17.87%	17.68%	25.51%
Operating Margin	12.24%	7.73%	6.30%	18.80%
Profit Margin	9.35%	7.63%	9.99%	16.02%
Free Cash Flow Margin	-	-13.26%	-9.45%	19.12%
EBITDA	124	81.78	61.58	179.84
EBITDA Margin	18.06%	14.37%	13.78%	23.62%
D&A For EBITDA	39.97	37.79	33.45	36.68
EBIT	84.03	43.98	28.14	143.16
EBIT Margin	12.24%	7.73%	6.30%	18.80%
Effective Tax Rate	14.03%	10.93%	7.69%	18.28%

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