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	4,374	5,078	4,933	4,658	4,238
Gross Profit	147.7	380.39	399.75	189.91	478.4
Selling, General & Admin	44.16	40.48	34.44	27.71	28.24
Research & Development	20.22	19.08	8.17	1.54	-
Other Operating Expenses	32.01	-1.92	3.41	0.27	0.35
Operating Expenses	96.38	57.64	46.02	29.53	28.59
Operating Income	51.32	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)	-	-	-	5.22	7.57
EBT Excluding Unusual Items	43.68	309.43	364.3	125.52	414.15
Gain (Loss) on Sale of Assets	1.9	-	54.78	2.74	-
Asset Writedown	-	-	-	-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	202.19	392.78	450.35	108.36	545.69
Free Cash Flow Per Share	0.21	0.61	0.70	0.17	0.85
Dividend Per Share	-	-	0.027	-	0.029
Dividend Growth	-	-	-	-	19.01%
Gross Margin	3.27%	6.97%	7.50%	3.92%	10.14%
Operating Margin	1.14%	5.91%	6.63%	3.31%	9.54%
Profit Margin	0.57%	3.12%	4.08%	0.81%	5.03%
Free Cash Flow Margin	4.47%	7.20%	8.45%	2.23%	11.57%
EBITDA	238.23	495.9	528.68	325.39	596.85
EBITDA Margin	5.27%	9.09%	9.91%	6.71%	12.65%
D&A For EBITDA	186.91	173.15	174.95	165.01	147.05
EBIT	51.32	322.75	353.74	160.38	449.8
EBIT Margin	1.14%	5.91%	6.63%	3.31%	9.54%
Effective Tax Rate	43.72%	25.13%	25.27%	38.07%	25.80%

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