360 Ludashi Holdings 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	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,091	1,315	790.51	359.1	337.93
Revenue Growth (YoY)	-17.01%	66.36%	120.14%	6.27%	-2.87%
Cost of Revenue	966.38	1,157	625.55	180.97	171.26
Gross Profit	124.99	158.07	164.96	178.14	166.67
Selling, General & Admin	64.96	78.76	73.47	65.83	61.61
Research & Development	37.25	43	47.68	44.32	39.81
Operating Expenses	102.21	121.75	121.15	110.33	110.15
Operating Income	22.78	36.32	43.81	67.8	56.52
Interest Expense	-0.16	-0.24	-0.13	-0.13	-0.17
Interest & Investment Income	5.26	5.88	9.87	8.4	5.71
Earnings From Equity Investments	-1.99	-1.35	-3.32	-0.31	-0.67
Currency Exchange Gain (Loss)	-2.36	0.08	0.47	10.73	-1.87
Other Non Operating Income (Expenses)	10.91	0.62	4.86	-7.01	5.54
EBT Excluding Unusual Items	34.44	41.31	55.56	79.48	65.05
Gain (Loss) on Sale of Investments	-2.28	-5.14	0.12	-7.6	-1.58
Gain (Loss) on Sale of Assets	-	-0.02	0	0.22	-
Asset Writedown	-	-0.12	-2.35	-	-
Other Unusual Items	-	-	-	-	0.24
Pretax Income	32.16	36.03	53.33	72.1	63.71
Income Tax Expense	8.84	2.75	6.06	6.54	6.05
Earnings From Continuing Operations	23.33	33.28	47.28	65.56	57.66
Minority Interest in Earnings	2.78	1.63	-4.64	-5.07	-2.63
Net Income	26.1	34.9	42.64	60.49	55.04
Net Income to Common	26.1	34.9	42.64	60.49	55.04
Net Income Growth	-25.21%	-18.15%	-29.50%	9.90%	-24.26%
Shares Outstanding (Basic)	269	269	269	269	269
Shares Outstanding (Diluted)	269	269	269	269	269
EPS (Basic)	0.10	0.13	0.16	0.22	0.20
EPS (Diluted)	0.10	0.13	0.16	0.22	0.20
EPS Growth	-25.21%	-18.15%	-29.50%	9.90%	-24.25%
Free Cash Flow	-	-83.01	55.26	91.16	89.3
Free Cash Flow Per Share	-	-0.31	0.20	0.34	0.33
Dividend Per Share	-	0.094	-	-	-
Gross Margin	11.45%	12.02%	20.87%	49.61%	49.32%
Operating Margin	2.09%	2.76%	5.54%	18.88%	16.73%
Profit Margin	2.39%	2.65%	5.39%	16.84%	16.29%
Free Cash Flow Margin	-	-6.31%	6.99%	25.39%	26.42%
EBITDA	23.83	37.37	46.54	70.87	65.39
EBITDA Margin	2.18%	2.84%	5.89%	19.73%	19.35%
D&A For EBITDA	1.05	1.05	2.73	3.06	8.87
EBIT	22.78	36.32	43.81	67.8	56.52
EBIT Margin	2.09%	2.76%	5.54%	18.88%	16.73%
Effective Tax Rate	27.48%	7.64%	11.35%	9.07%	9.49%

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