Newtrend Group Holding Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	568.87	446.94	761.5
Revenue Growth (YoY)	27.28%	-41.31%	-
Cost of Revenue	467.22	367.93	567.21
Gross Profit	101.65	79.01	194.29
Selling, General & Admin	33.94	31.77	34.82
Research & Development	16.6	17.22	13.96
Other Operating Expenses	1.42	1.09	1.23
Operating Expenses	57.66	50.87	51.13
Operating Income	43.98	28.14	143.16
Interest Expense	-2.79	-3.47	-4.96
Interest & Investment Income	3.6	5.3	0.39
Currency Exchange Gain (Loss)	8.15	8.19	24.06
Other Non Operating Income (Expenses)	-3.91	10.17	7.3
EBT Excluding Unusual Items	49.04	48.33	169.96
Gain (Loss) on Sale of Investments	-	0.29	1.21
Asset Writedown	-0.3	-0.23	-18.26
Other Unusual Items	-	-	-3.59
Pretax Income	48.73	48.38	149.32
Income Tax Expense	5.33	3.72	27.3
Net Income	43.41	44.66	122.02
Net Income to Common	43.41	44.66	122.02
Net Income Growth	-2.81%	-63.40%	-
Shares Outstanding (Basic)	86	86	86
Shares Outstanding (Diluted)	86	86	86
EPS (Basic)	0.51	0.52	1.42
EPS (Diluted)	0.51	0.52	1.42
EPS Growth	-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	17.87%	17.68%	25.51%
Operating Margin	7.73%	6.30%	18.80%
Profit Margin	7.63%	9.99%	16.02%
Free Cash Flow Margin	-13.26%	-9.45%	19.12%
EBITDA	81.78	61.58	179.84
EBITDA Margin	14.37%	13.78%	23.62%
D&A For EBITDA	37.79	33.45	36.68
EBIT	43.98	28.14	143.16
EBIT Margin	7.73%	6.30%	18.80%
Effective Tax Rate	10.93%	7.69%	18.28%

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