Hevol Services Group Co. 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	1,357	1,365	1,313	1,041	766.79
Revenue Growth (YoY)	-0.61%	3.94%	26.13%	35.79%	84.38%
Cost of Revenue	1,050	1,015	977.07	745.91	502.6
Gross Profit	306.26	349.61	336.22	295.31	264.19
Selling, General & Admin	179.81	184.41	163.29	125.39	120.96
Amortization of Goodwill & Intangibles	13.74	15.14	16.27	13.57	8.33
Operating Expenses	312.24	249.21	232.1	192.79	140.27
Operating Income	-5.99	100.39	104.11	102.52	123.92
Interest Expense	-5.51	-3.66	-1.38	-0.47	-0.47
Interest & Investment Income	0.16	0.41	0.42	1.2	1.37
Earnings From Equity Investments	0.93	0.1	0.01	-	-
Currency Exchange Gain (Loss)	-	-	-	-	0.6
Other Non Operating Income (Expenses)	5.84	11.28	51.44	14.8	11.8
EBT Excluding Unusual Items	-4.56	108.52	154.61	118.06	137.23
Impairment of Goodwill	-4.82	-0.78	-	-	-
Gain (Loss) on Sale of Investments	-	0.03	1	0.09	1.72
Gain (Loss) on Sale of Assets	-28.85	0.01	-13.94	0.13	-
Asset Writedown	-3.57	-	-	-	-
Other Unusual Items	-	0.1	0.8	-	-
Pretax Income	-41.8	107.88	142.47	118.28	138.95
Income Tax Expense	6.87	21.25	28.34	14.71	30.31
Earnings From Continuing Operations	-48.67	86.62	114.13	103.56	108.64
Minority Interest in Earnings	-16.02	-32.24	-36.24	-34.85	-22.44
Net Income	-64.69	54.39	77.9	68.72	86.19
Net Income to Common	-64.69	54.39	77.9	68.72	86.19
Net Income Growth	-	-30.18%	13.36%	-20.28%	52.94%
Shares Outstanding (Basic)	560	560	560	560	552
Shares Outstanding (Diluted)	560	560	560	560	552
Shares Change (YoY)	-	-	-	1.37%	25.06%
EPS (Basic)	-0.12	0.10	0.14	0.12	0.16
EPS (Diluted)	-0.12	0.10	0.14	0.12	0.16
EPS Growth	-	-30.18%	13.36%	-21.35%	22.30%
Free Cash Flow	-5.68	-19.32	72.54	-28.77	201.68
Free Cash Flow Per Share	-0.01	-0.04	0.13	-0.05	0.36
Gross Margin	22.57%	25.61%	25.60%	28.36%	34.45%
Operating Margin	-0.44%	7.35%	7.93%	9.85%	16.16%
Profit Margin	-4.77%	3.98%	5.93%	6.60%	11.24%
Free Cash Flow Margin	-0.42%	-1.42%	5.52%	-2.76%	26.30%
EBITDA	27.19	128.54	130.11	120.16	135.63
EBITDA Margin	2.00%	9.42%	9.91%	11.54%	17.69%
D&A For EBITDA	33.17	28.14	26	17.64	11.71
EBIT	-5.99	100.39	104.11	102.52	123.92
EBIT Margin	-0.44%	7.35%	7.93%	9.85%	16.16%
Effective Tax Rate	-	19.70%	19.89%	12.44%	21.82%

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