Sinostar PEC 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	4,522	5,458	5,333	4,848	4,716
Revenue Growth (YoY)	-17.15%	2.34%	10.00%	2.80%	48.20%
Cost of Revenue	4,373	5,078	4,933	4,658	4,238
Gross Profit	148.66	380.39	399.75	189.91	478.4
Selling, General & Admin	98.88	40.48	34.44	27.71	28.24
Research & Development	-	19.08	8.17	1.54	-
Other Operating Expenses	0.06	-1.92	3.41	0.27	0.35
Operating Expenses	98.94	57.64	46.02	29.53	28.59
Operating Income	49.72	322.75	353.74	160.38	449.8
Interest Expense	-10.07	-21.57	-34.72	-47.68	-49.13
Interest & Investment Income	2.43	8.25	45.28	7.59	5.91
Other Non Operating Income (Expenses)	2.99	-	-	5.22	7.57
EBT Excluding Unusual Items	45.08	309.43	364.3	125.52	414.15
Gain (Loss) on Sale of Assets	0.97	-	54.78	2.74	-
Asset Writedown	-0.47	-	-	-0.6	-
Pretax Income	45.58	309.43	419.07	127.66	414.15
Income Tax Expense	19.93	77.76	105.9	48.6	106.83
Earnings From Continuing Operations	25.65	231.67	313.17	79.06	307.32
Minority Interest in Earnings	-	-61.6	-95.56	-39.62	-69.9
Net Income	25.65	170.07	217.61	39.44	237.42
Net Income to Common	25.65	170.07	217.61	39.44	237.42
Net Income Growth	-84.92%	-21.85%	451.72%	-83.39%	49.74%
Shares Outstanding (Basic)	960	640	640	640	640
Shares Outstanding (Diluted)	960	640	640	640	640
Shares Change (YoY)	50.00%	-	-	-	-
EPS (Basic)	0.03	0.27	0.34	0.06	0.37
EPS (Diluted)	0.03	0.27	0.34	0.06	0.37
EPS Growth	-89.95%	-21.85%	451.95%	-83.39%	49.77%
Free Cash Flow	-84.61	392.78	450.35	108.36	545.69
Free Cash Flow Per Share	-0.09	0.61	0.70	0.17	0.85
Dividend Per Share	-	-	0.027	-	0.029
Dividend Growth	-	-	-	-	19.01%
Gross Margin	3.29%	6.97%	7.50%	3.92%	10.14%
Operating Margin	1.10%	5.91%	6.63%	3.31%	9.54%
Profit Margin	0.57%	3.12%	4.08%	0.81%	5.03%
Free Cash Flow Margin	-1.87%	7.20%	8.45%	2.23%	11.57%
EBITDA	236.64	495.9	528.68	325.39	596.85
EBITDA Margin	5.23%	9.09%	9.91%	6.71%	12.65%
D&A For EBITDA	186.92	173.15	174.95	165.01	147.05
EBIT	49.72	322.75	353.74	160.38	449.8
EBIT Margin	1.10%	5.91%	6.63%	3.31%	9.54%
Effective Tax Rate	43.72%	25.13%	25.27%	38.07%	25.80%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.