Green Tea Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	4,269	3,838	3,589	2,375
Revenue Growth (YoY)	79.70%	6.94%	51.09%	-
Cost of Revenue	2,645	2,379	2,279	1,607
Gross Profit	1,624	1,459	1,310	768.94
Selling, General & Admin	188.11	175.12	151.59	105.6
Other Operating Expenses	471.16	410.52	358.15	268.33
Operating Expenses	1,097	1,006	879.73	698.62
Operating Income	527.1	452.88	430.12	70.32
Interest Expense	-51.17	-45.31	-42.66	-41.54
Interest & Investment Income	8.93	8.93	9.07	5.99
Currency Exchange Gain (Loss)	-0.04	-0.04	0.01	0.06
Other Non Operating Income (Expenses)	-4.47	1.7	-3.09	-1.33
EBT Excluding Unusual Items	480.36	418.17	393.45	33.5
Gain (Loss) on Sale of Assets	0.49	0.49	-0.84	-0.49
Asset Writedown	-	-	-4.64	-
Other Unusual Items	-	-	-	10.18
Pretax Income	480.84	418.66	387.97	43.18
Income Tax Expense	71.23	68.49	92.43	26.6
Net Income	409.42	350.17	295.54	16.58
Net Income to Common	409.42	350.17	295.54	16.58
Net Income Growth	2369.50%	18.48%	1682.64%	-
Shares Outstanding (Basic)	547	533	533	533
Shares Outstanding (Diluted)	551	536	537	537
Shares Change (YoY)	2.76%	-0.05%	0.02%	-
EPS (Basic)	0.75	0.66	0.55	0.03
EPS (Diluted)	0.73	0.65	0.55	0.03
EPS Growth	2341.48%	18.18%	1733.33%	-
Free Cash Flow	-	397.61	487.02	127.85
Free Cash Flow Per Share	-	0.74	0.91	0.24
Gross Margin	38.05%	38.02%	36.49%	32.37%
Operating Margin	12.35%	11.80%	11.98%	2.96%
Profit Margin	9.59%	9.12%	8.23%	0.70%
Free Cash Flow Margin	-	10.36%	13.57%	5.38%
EBITDA	756.67	670.13	622.74	233.65
EBITDA Margin	17.73%	17.46%	17.35%	9.84%
D&A For EBITDA	229.56	217.25	192.62	163.33
EBIT	527.1	452.88	430.12	70.32
EBIT Margin	12.35%	11.80%	11.98%	2.96%
Effective Tax Rate	14.81%	16.36%	23.82%	61.60%
Advertising Expenses	-	30.11	27.45	23.97

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