Leading Holdings Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	8,571	18,494	13,979	15,055	13,158
Revenue Growth (YoY)	-53.65%	32.30%	-7.15%	14.41%	73.86%
Cost of Revenue	8,457	16,728	15,978	12,147	9,602
Gross Profit	114.14	1,766	-2,000	2,908	3,556
Selling, General & Admin	479.07	1,308	1,415	1,585	1,223
Operating Expenses	479.07	1,308	1,415	1,585	1,223
Operating Income	-364.94	457.85	-3,414	1,323	2,333
Interest Expense	-325.41	-262.38	-459.33	-295.19	-306.54
Interest & Investment Income	7.68	11.92	25.29	55.47	21.47
Earnings From Equity Investments	-35.55	9.57	-160.64	110.54	-12.63
Currency Exchange Gain (Loss)	-	-	-	12.35	-
Other Non Operating Income (Expenses)	-148.54	-7.56	-82.63	-11.58	30.14
EBT Excluding Unusual Items	-866.76	209.41	-4,092	1,195	2,066
Gain (Loss) on Sale of Investments	2.91	-	8.82	-	-
Gain (Loss) on Sale of Assets	-	37.89	18.36	39.28	-
Asset Writedown	-398.7	-355.9	-433.82	2	-49.28
Other Unusual Items	-451.09	3.27	-	-	-
Pretax Income	-1,714	-105.33	-4,498	1,236	2,016
Income Tax Expense	621.17	880.21	599.73	599.4	955.79
Earnings From Continuing Operations	-2,335	-985.54	-5,098	636.75	1,061
Net Income to Company	-2,335	-985.54	-5,098	636.75	1,061
Minority Interest in Earnings	250.06	-333.55	947.99	-148.3	-200.26
Net Income	-2,085	-1,319	-4,150	488.45	860.31
Net Income to Common	-2,085	-1,319	-4,150	488.45	860.31
Net Income Growth	-	-	-	-43.22%	57.91%
Shares Outstanding (Basic)	1,027	1,027	1,027	1,027	765
Shares Outstanding (Diluted)	1,027	1,027	1,027	1,027	765
Shares Change (YoY)	-	-	0.04%	34.19%	2.00%
EPS (Basic)	-2.03	-1.28	-4.04	0.48	1.12
EPS (Diluted)	-2.03	-1.28	-4.04	0.48	1.12
EPS Growth	-	-	-	-57.69%	54.80%
Free Cash Flow	-171.42	203.48	2,831	5,512	1,713
Free Cash Flow Per Share	-0.17	0.20	2.76	5.37	2.24
Gross Margin	1.33%	9.55%	-14.30%	19.32%	27.03%
Operating Margin	-4.26%	2.48%	-24.42%	8.79%	17.73%
Profit Margin	-24.32%	-7.13%	-29.69%	3.24%	6.54%
Free Cash Flow Margin	-2.00%	1.10%	20.25%	36.61%	13.02%
EBITDA	-327.9	493.41	-3,367	1,362	2,367
EBITDA Margin	-3.82%	2.67%	-24.09%	9.05%	17.99%
D&A For EBITDA	37.03	35.55	47.39	38.57	34.21
EBIT	-364.94	457.85	-3,414	1,323	2,333
EBIT Margin	-4.26%	2.48%	-24.42%	8.79%	17.73%
Effective Tax Rate	-	-	-	48.49%	47.40%

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