360 Ludashi Holdings Limited (HKG:3601)

360 Ludashi Holdings 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	1,096	1,315	790.51	359.1	337.93	347.9
Revenue Growth (YoY)	-11.71%	66.36%	120.14%	6.27%	-2.87%	-13.99%
Cost of Revenue	967.26	1,157	625.55	180.97	171.26	160.75
Gross Profit	128.28	158.07	164.96	178.14	166.67	187.15
Selling, General & Admin	74.75	78.76	73.47	65.83	61.61	71.18
Research & Development	34.08	43	47.68	44.32	39.81	28.74
Operating Expenses	108.83	121.75	121.15	110.33	110.15	102.37
Operating Income	19.45	36.32	43.81	67.8	56.52	84.79
Interest Expense	-0.18	-0.24	-0.13	-0.13	-0.17	-0.21
Interest & Investment Income	5.38	5.88	9.87	8.4	5.71	5.13
Earnings From Equity Investments	-2.17	-1.35	-3.32	-0.31	-0.67	-1.88
Currency Exchange Gain (Loss)	0.18	0.08	0.47	10.73	-1.87	-3.68
Other Non Operating Income (Expenses)	6.04	0.62	4.86	-7.01	5.54	9.36
EBT Excluding Unusual Items	28.7	41.31	55.56	79.48	65.05	93.51
Gain (Loss) on Sale of Investments	-2.12	-5.14	0.12	-7.6	-1.58	-6.65
Gain (Loss) on Sale of Assets	-0.02	-0.02	0	0.22	-	0.01
Asset Writedown	-0.17	-0.12	-2.35	-	-	-
Other Unusual Items	-	-	-	-	0.24	-
Pretax Income	26.39	36.03	53.33	72.1	63.71	86.87
Income Tax Expense	3.07	2.75	6.06	6.54	6.05	9.77
Earnings From Continuing Operations	23.32	33.28	47.28	65.56	57.66	77.1
Minority Interest in Earnings	4.96	1.63	-4.64	-5.07	-2.63	-4.43
Net Income	28.29	34.9	42.64	60.49	55.04	72.67
Net Income to Common	28.29	34.9	42.64	60.49	55.04	72.67
Net Income Growth	-17.53%	-18.15%	-29.50%	9.90%	-24.26%	-30.59%
Shares Outstanding (Basic)	269	269	269	269	269	269
Shares Outstanding (Diluted)	269	269	269	269	269	269
Shares Change (YoY)	-	-	-	-	-	24.84%
EPS (Basic)	0.11	0.13	0.16	0.22	0.20	0.27
EPS (Diluted)	0.11	0.13	0.16	0.22	0.20	0.27
EPS Growth	-17.53%	-18.15%	-29.50%	9.90%	-24.25%	-44.41%
Free Cash Flow	48.13	-83.01	55.26	91.16	89.3	135.74
Free Cash Flow Per Share	0.18	-0.31	0.20	0.34	0.33	0.51
Dividend Per Share	0.094	0.094	-	-	-	-
Gross Margin	11.71%	12.02%	20.87%	49.61%	49.32%	53.80%
Operating Margin	1.77%	2.76%	5.54%	18.88%	16.73%	24.37%
Profit Margin	2.58%	2.65%	5.39%	16.84%	16.29%	20.89%
Free Cash Flow Margin	4.39%	-6.31%	6.99%	25.39%	26.42%	39.02%
EBITDA	20.48	37.37	46.54	70.87	65.39	91.6
EBITDA Margin	1.87%	2.84%	5.89%	19.73%	19.35%	26.33%
D&A For EBITDA	1.04	1.05	2.73	3.06	8.87	6.81
EBIT	19.45	36.32	43.81	67.8	56.52	84.79
EBIT Margin	1.77%	2.76%	5.54%	18.88%	16.73%	24.37%
Effective Tax Rate	11.62%	7.64%	11.35%	9.07%	9.49%	11.25%

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