Fangzhou Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,466	2,434	2,204	1,759
Revenue Growth (YoY)	40.23%	10.43%	25.34%	-
Cost of Revenue	1,960	1,947	1,824	1,539
Gross Profit	505.95	487.41	380.58	219.65
Selling, General & Admin	1,253	515.25	507.73	448.26
Other Operating Expenses	-5.1	-4.53	-0.47	-5.37
Operating Expenses	1,248	510.86	507.43	443.2
Operating Income	-742.11	-23.45	-126.85	-223.55
Interest Expense	-2.07	-1.64	-1.17	-0.82
Currency Exchange Gain (Loss)	24.76	-28.44	-134.66	27.64
Other Non Operating Income (Expenses)	-142.16	-143.18	-120.61	-107.22
Pretax Income	-861.58	-196.71	-383.29	-303.95
Income Tax Expense	0.03	0.08	0.01	0.04
Earnings From Continuing Operations	-861.62	-196.79	-383.3	-303.99
Minority Interest in Earnings	-	-	-	0.03
Net Income	-861.62	-196.79	-383.3	-303.96
Net Income to Common	-861.62	-196.79	-383.3	-303.96
Shares Outstanding (Basic)	745	745	-	-
Shares Outstanding (Diluted)	745	745	-	-
EPS (Basic)	-1.16	-0.26	-	-
EPS (Diluted)	-1.16	-0.26	-	-
Free Cash Flow	17.83	16.63	-55.25	-209.17
Free Cash Flow Per Share	0.02	0.02	-	-
Gross Margin	20.52%	20.02%	17.27%	12.49%
Operating Margin	-30.09%	-0.96%	-5.75%	-12.71%
Profit Margin	-34.94%	-8.08%	-17.39%	-17.28%
Free Cash Flow Margin	0.72%	0.68%	-2.51%	-11.89%
EBITDA	-737.54	-19.23	-123	-220.66
EBITDA Margin	-29.91%	-0.79%	-5.58%	-12.55%
D&A For EBITDA	4.57	4.22	3.85	2.89
EBIT	-742.11	-23.45	-126.85	-223.55
EBIT Margin	-30.09%	-0.96%	-5.75%	-12.71%

Source: S&P Capital IQ. Standard template. Financial Sources.