Newtrend Group Holding 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	583.2	568.87	446.94	761.5
Revenue Growth (YoY)	2.52%	27.28%	-41.31%	-
Cost of Revenue	474.62	466.97	367.93	567.21
Gross Profit	108.58	101.9	79.01	194.29
Selling, General & Admin	55.4	35.62	31.77	34.82
Research & Development	15.7	16.6	17.22	13.96
Other Operating Expenses	-	-	1.09	1.23
Operating Expenses	80.86	57.92	50.87	51.13
Operating Income	27.72	43.98	28.14	143.16
Interest Expense	-10.31	-2.79	-3.47	-4.96
Interest & Investment Income	1.2	3.6	5.3	0.39
Currency Exchange Gain (Loss)	-1.28	8.15	8.19	24.06
Other Non Operating Income (Expenses)	-4.91	-3.91	10.17	7.3
EBT Excluding Unusual Items	12.42	49.04	48.33	169.96
Gain (Loss) on Sale of Investments	-	-	0.29	1.21
Asset Writedown	-1.2	-0.3	-0.23	-18.26
Other Unusual Items	0	-	-	-3.59
Pretax Income	11.22	48.73	48.38	149.32
Income Tax Expense	-1.84	5.33	3.72	27.3
Net Income	13.06	43.41	44.66	122.02
Net Income to Common	13.06	43.41	44.66	122.02
Net Income Growth	-69.91%	-2.81%	-63.40%	-
Shares Outstanding (Basic)	92	86	86	86
Shares Outstanding (Diluted)	92	86	86	86
Shares Change (YoY)	6.94%	-	-	-
EPS (Basic)	0.14	0.51	0.52	1.42
EPS (Diluted)	0.14	0.51	0.52	1.42
EPS Growth	-71.87%	-2.81%	-63.40%	-
Free Cash Flow	-100.4	-75.42	-42.22	145.6
Free Cash Flow Per Share	-1.10	-0.88	-0.49	1.70
Gross Margin	18.62%	17.91%	17.68%	25.51%
Operating Margin	4.75%	7.73%	6.30%	18.80%
Profit Margin	2.24%	7.63%	9.99%	16.02%
Free Cash Flow Margin	-17.21%	-13.26%	-9.45%	19.12%
EBITDA	65.23	81.78	61.58	179.84
EBITDA Margin	11.19%	14.37%	13.78%	23.62%
D&A For EBITDA	37.51	37.79	33.45	36.68
EBIT	27.72	43.98	28.14	143.16
EBIT Margin	4.75%	7.73%	6.30%	18.80%
Effective Tax Rate	-	10.93%	7.69%	18.28%