Hao Wen Holdings 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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
Interest and Dividend Income	38.13	38.58	45.74	62.41	65.67	52.82
Total Interest Expense	5	5.12	5.08	4.91	5.24	4.66
Net Interest Income	33.13	33.46	40.66	57.5	60.43	48.17
Revenue Before Loan Losses	33.13	33.46	40.66	57.5	60.43	48.17
Provision for Loan Losses	22.54	22.54	26.42	28.34	18.15	22.14
Revenue	10.59	10.92	14.25	29.16	42.28	26.03
Revenue Growth (YoY)	-13.44%	-23.34%	-51.14%	-31.04%	62.44%	-43.74%
Cost of Services Provided	27.03	19.99	32.33	52.81	54.48	44.26
Other Operating Expenses	3.27	3.27	3.57	-0.06	-0.12	-0
Total Operating Expenses	30.3	23.27	35.9	52.75	54.37	44.26
Operating Income	-19.71	-12.34	-21.65	-23.59	-12.09	-18.23
Earnings From Equity Investments	-	-	-	-0.02	0.16	0.01
EBT Excluding Unusual Items	-19.71	-12.34	-21.65	-23.61	-11.92	-18.22
Gain (Loss) on Sale of Investments	25.4	3.98	9.41	-15.53	4.84	-2.82
Impairment of Goodwill	-	-	-	-	-1.97	-4.35
Other Unusual Items	-	-	2.87	-	-	-
Pretax Income	5.7	-8.36	-9.38	-53.8	-9.05	-25.39
Income Tax Expense	-	-	-	-1	0.54	0.2
Earnings From Continuing Ops.	5.7	-8.36	-9.38	-52.8	-9.6	-25.59
Minority Interest in Earnings	-	-	-	-	0.17	0.02
Net Income	5.7	-8.36	-9.38	-52.8	-9.43	-25.57
Net Income to Common	5.7	-8.36	-9.38	-52.8	-9.43	-25.57
Shares Outstanding (Basic)	356	356	356	314	258	219
Shares Outstanding (Diluted)	356	356	356	314	258	219
Shares Change (YoY)	-	-	13.38%	21.93%	17.62%	2.02%
EPS (Basic)	0.02	-0.02	-0.03	-0.17	-0.04	-0.12
EPS (Diluted)	0.02	-0.02	-0.03	-0.17	-0.04	-0.12
Free Cash Flow	5.56	6.15	-0.69	-19.92	3.14	-2.25
Free Cash Flow Per Share	0.02	0.02	-0.00	-0.06	0.01	-0.01
Operating Margin	-186.06%	-113.01%	-151.97%	-80.90%	-28.58%	-70.05%
Profit Margin	53.77%	-76.57%	-65.82%	-181.08%	-22.30%	-98.24%
Free Cash Flow Margin	52.48%	56.34%	-4.84%	-68.32%	7.43%	-8.64%

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