Grace Wine Holdings 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	34.88	31.88	64.99	62.12	84.69
Revenue Growth (YoY)	9.41%	-50.94%	4.61%	-26.65%	40.63%
Cost of Revenue	11	9.73	20.05	25.66	38.92
Gross Profit	23.89	22.15	44.93	36.46	45.77
Selling, General & Admin	27.26	30.6	36.83	37.04	35.89
Operating Expenses	27.26	30.6	36.83	37.04	35.89
Operating Income	-3.37	-8.44	8.11	-0.58	9.88
Interest Expense	-0.04	-0.06	-1.19	-0.41	-0.09
Interest & Investment Income	0.24	0.2	0.57	0.56	0.87
Currency Exchange Gain (Loss)	0.11	-	-	-	-
Other Non Operating Income (Expenses)	-0.25	2.8	0.69	0.64	0.55
EBT Excluding Unusual Items	-3.3	-5.51	8.18	0.21	11.22
Gain (Loss) on Sale of Assets	0.09	0.04	0.57	0.09	0.54
Asset Writedown	1.21	1.52	2.71	-	-
Other Unusual Items	-	-	-	0.58	0.14
Pretax Income	-2.01	-3.95	11.46	0.89	11.9
Income Tax Expense	1.18	5.68	1.24	1.49	4.16
Earnings From Continuing Operations	-3.19	-9.63	10.22	-0.6	7.74
Earnings From Discontinued Operations	0.57	-31.39	-	-	-
Net Income to Company	-2.62	-41.02	10.22	-0.6	7.74
Minority Interest in Earnings	0.46	-	-	-	-
Net Income	-2.16	-41.02	10.22	-0.6	7.74
Net Income to Common	-2.16	-41.02	10.22	-0.6	7.74
Shares Outstanding (Basic)	801	801	801	800	800
Shares Outstanding (Diluted)	801	801	801	800	800
Shares Change (YoY)	-	-	0.03%	0.05%	-
EPS (Basic)	-0.00	-0.05	0.01	-0.00	0.01
EPS (Diluted)	-0.00	-0.05	0.01	-0.00	0.01
Free Cash Flow	-21.38	-34.94	-39.57	-15.43	-22.02
Free Cash Flow Per Share	-0.03	-0.04	-0.05	-0.02	-0.03
Gross Margin	68.48%	69.49%	69.14%	58.69%	54.05%
Operating Margin	-9.66%	-26.48%	12.47%	-0.93%	11.67%
Profit Margin	-6.20%	-128.66%	15.73%	-0.96%	9.14%
Free Cash Flow Margin	-61.29%	-109.59%	-60.90%	-24.85%	-26.00%
EBITDA	4.32	2.56	18.5	8.95	19.47
EBITDA Margin	12.39%	8.03%	28.47%	14.41%	22.99%
D&A For EBITDA	7.69	11	10.4	9.53	9.59
EBIT	-3.37	-8.44	8.11	-0.58	9.88
EBIT Margin	-9.66%	-26.48%	12.47%	-0.93%	11.67%
Effective Tax Rate	-	-	10.83%	167.42%	34.93%

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