Southern Packaging Group 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	618.33	687.92	691.56	603.54	769.15
Revenue Growth (YoY)	-10.12%	-0.53%	14.59%	-21.53%	30.28%
Cost of Revenue	505.81	563.58	571.1	513.18	627.93
Gross Profit	112.52	124.34	120.46	90.36	141.22
Selling, General & Admin	112.08	123.6	118.61	119.49	120.52
Other Operating Expenses	0.5	5.56	6.7	4.36	3.74
Operating Expenses	112.58	129.17	125.3	123.86	124.26
Operating Income	-0.06	-4.83	-4.84	-33.5	16.96
Interest Expense	-18.58	-20.78	-21.51	-19.93	-15.2
Interest & Investment Income	0.16	0.32	0.32	0.43	0.51
Currency Exchange Gain (Loss)	-	-	-	-	0.97
Other Non Operating Income (Expenses)	12.14	14.64	12.17	7.13	9.25
EBT Excluding Unusual Items	-6.35	-10.65	-13.86	-45.88	12.49
Asset Writedown	-	-0.38	-	-0.28	-0.02
Other Unusual Items	-	-	0	0.01	-
Pretax Income	-6.35	-11.04	-13.85	-46.15	12.47
Income Tax Expense	-0.7	7.86	-0.34	-9.86	-1.56
Net Income	-5.65	-18.89	-13.51	-36.29	14.03
Net Income to Common	-5.65	-18.89	-13.51	-36.29	14.03
Net Income Growth	-	-	-	-	196.55%
Shares Outstanding (Basic)	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70
EPS (Basic)	-0.08	-0.27	-0.19	-0.52	0.20
EPS (Diluted)	-0.08	-0.27	-0.19	-0.52	0.20
EPS Growth	-	-	-	-	196.55%
Free Cash Flow	-10.36	25.18	9.53	11.7	21.62
Free Cash Flow Per Share	-0.15	0.36	0.14	0.17	0.31
Dividend Per Share	-	-	-	-	0.021
Dividend Growth	-	-	-	-	71.72%
Gross Margin	18.20%	18.07%	17.42%	14.97%	18.36%
Operating Margin	-0.01%	-0.70%	-0.70%	-5.55%	2.21%
Profit Margin	-0.91%	-2.75%	-1.95%	-6.01%	1.82%
Free Cash Flow Margin	-1.68%	3.66%	1.38%	1.94%	2.81%
EBITDA	27.94	48.08	51.21	22.95	72.25
EBITDA Margin	4.52%	6.99%	7.40%	3.80%	9.39%
D&A For EBITDA	28	52.91	56.05	56.45	55.28
EBIT	-0.06	-4.83	-4.84	-33.5	16.96
EBIT Margin	-0.01%	-0.70%	-0.70%	-5.55%	2.21%
Advertising Expenses	0.15	0.26	0.23	0.72	0.28

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