Tanwan Inc. (HKG:9890)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Direct Marketing	4.16B	5.58B	6.51B	8.82B	5.74B
Total	4.16B	5.58B	6.51B	8.82B	5.74B

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Mainland China	3.33B	4.96B	6.08B	8.64B	5.74B
Hong Kong	831.83M	615.49M	430.33M	179.01M	-
Others	1.25M	7.94M	-	-	-
Total	4.16B	5.58B	6.51B	8.82B	5.74B

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 28, 2026

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