Newtrend Group Holding Co., Ltd. (HKG:2573)

Newtrend Group Holding Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	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.