Ganglong China Property Group Limited (HKG:6968)

HKG:6968 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,702	8,254	17,579	11,892	10,369
Revenue Growth (YoY)	-67.26%	-53.05%	47.82%	14.70%	148.57%
Cost of Revenue	3,930	8,380	15,190	9,914	7,968
Gross Profit	-1,228	-125.33	2,389	1,978	2,400
Selling, General & Admin	319.63	397.43	680.13	909.22	1,141
Other Operating Expenses	18.23	34.39	10.71	-62.27	-23.64
Operating Expenses	337.86	431.82	690.84	846.96	1,117
Operating Income	-1,565	-557.15	1,698	1,131	1,283
Interest Expense	-151.14	-93.63	-92.13	-150.44	-281.61
Interest & Investment Income	1.28	4.49	12.74	32.42	57.86
Earnings From Equity Investments	-55.92	-19	-24.03	79.02	393.01
EBT Excluding Unusual Items	-1,771	-665.28	1,595	1,092	1,452
Gain (Loss) on Sale of Investments	-	-	0.24	-26.01	44.01
Gain (Loss) on Sale of Assets	-	0.17	-18.77	9.5	5.35
Asset Writedown	-19.7	-14.5	-30.02	-	2.12
Other Unusual Items	-	-	0.15	-	-
Pretax Income	-1,791	-679.61	1,546	1,075	1,504
Income Tax Expense	135.07	302.54	827.69	494.23	401.62
Earnings From Continuing Operations	-1,926	-982.16	718.44	581.16	1,102
Minority Interest in Earnings	632.81	323.91	-570.47	-459.27	-621.25
Net Income	-1,293	-658.24	147.97	121.89	480.94
Net Income to Common	-1,293	-658.24	147.97	121.89	480.94
Net Income Growth	-	-	21.40%	-74.66%	-49.94%
Shares Outstanding (Basic)	1,622	1,622	1,622	1,625	1,630
Shares Outstanding (Diluted)	1,622	1,622	1,622	1,625	1,630
Shares Change (YoY)	-	-	-0.22%	-0.30%	15.14%
EPS (Basic)	-0.80	-0.41	0.09	0.07	0.30
EPS (Diluted)	-0.80	-0.41	0.09	0.07	0.30
EPS Growth	-	-	21.67%	-74.58%	-56.53%
Free Cash Flow	-	441.01	916.36	2,013	-3,969
Free Cash Flow Per Share	-	0.27	0.56	1.24	-2.44
Gross Margin	-45.43%	-1.52%	13.59%	16.63%	23.15%
Operating Margin	-57.93%	-6.75%	9.66%	9.51%	12.37%
Profit Margin	-47.85%	-7.98%	0.84%	1.03%	4.64%
Free Cash Flow Margin	-	5.34%	5.21%	16.93%	-38.28%
EBITDA	-1,553	-544.67	1,713	1,149	1,297
EBITDA Margin	-57.47%	-6.60%	9.74%	9.66%	12.51%
D&A For EBITDA	12.48	12.48	15.15	18.1	13.74
EBIT	-1,565	-557.15	1,698	1,131	1,283
EBIT Margin	-57.93%	-6.75%	9.66%	9.51%	12.37%
Effective Tax Rate	-	-	53.53%	45.96%	26.71%
Advertising Expenses	-	51.17	119.19	192.26	188.2

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