SGXC:VI2 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,153	2,554	3,456	4,027	4,516	4,214
Revenue Growth (YoY)	-31.11%	-26.08%	-14.18%	-10.83%	7.16%	11.79%
Cost of Revenue	2,186	2,574	3,395	3,829	4,144	3,898
Gross Profit	-32.72	-19.96	60.71	197.12	371.56	316.15
Selling, General & Admin	240.18	255.22	292.1	267.22	272.19	242.56
Other Operating Expenses	-207.04	-205.82	-200.96	-121.94	-99.36	-87.82
Operating Expenses	33.14	49.4	91.13	145.28	172.83	154.75
Operating Income	-65.86	-69.36	-30.42	51.84	198.73	161.4
Interest Expense	-30.26	-33.11	-38.69	-33.84	-48.18	-59.43
Interest & Investment Income	0.44	0.68	2.26	6.25	1.49	0.92
Currency Exchange Gain (Loss)	-0.34	1.08	0.75	0.58	2.32	0.39
Other Non Operating Income (Expenses)	-4.47	-3.9	-5.69	-3.61	-	-
EBT Excluding Unusual Items	-100.5	-104.6	-71.79	21.22	154.35	103.28
Impairment of Goodwill	-	-	-4.17	-	-	-
Gain (Loss) on Sale of Assets	0.2	1.15	4.11	6.94	4.77	3.74
Asset Writedown	-	-	-21.66	-	-	29.7
Other Unusual Items	3.78	-	0.65	0.06	4.09	-
Pretax Income	-96.51	-103.45	-92.86	28.22	163.22	136.72
Income Tax Expense	-0.93	-0.05	-1.29	7.26	39.25	26.81
Net Income	-95.59	-103.4	-91.58	20.96	123.96	109.91
Net Income to Common	-95.59	-103.4	-91.58	20.96	123.96	109.91
Net Income Growth	-	-	-	-83.09%	12.79%	366.57%
Shares Outstanding (Basic)	606	590	590	587	511	463
Shares Outstanding (Diluted)	606	590	590	587	511	499
Shares Change (YoY)	-2.22%	-	0.44%	14.83%	2.38%	1.69%
EPS (Basic)	-0.16	-0.18	-0.16	0.04	0.24	0.24
EPS (Diluted)	-0.16	-0.18	-0.16	0.04	0.24	0.22
EPS Growth	-	-	-	-85.12%	9.09%	340.00%
Free Cash Flow	134.16	0.05	24	230.21	179.1	32.97
Free Cash Flow Per Share	0.22	-	0.04	0.39	0.35	0.07
Dividend Per Share	-	-	-	0.007	0.026	-
Dividend Growth	-	-	-	-73.54%	-	-
Gross Margin	-1.52%	-0.78%	1.76%	4.90%	8.23%	7.50%
Operating Margin	-3.06%	-2.71%	-0.88%	1.29%	4.40%	3.83%
Profit Margin	-4.44%	-4.05%	-2.65%	0.52%	2.74%	2.61%
Free Cash Flow Margin	6.23%	0.00%	0.69%	5.72%	3.97%	0.78%
EBITDA	-20	-22.39	12.84	82.98	222.89	184.53
EBITDA Margin	-0.93%	-0.88%	0.37%	2.06%	4.94%	4.38%
D&A For EBITDA	45.86	46.97	43.26	31.14	24.16	23.12
EBIT	-65.86	-69.36	-30.42	51.84	198.73	161.4
EBIT Margin	-3.06%	-2.71%	-0.88%	1.29%	4.40%	3.83%
Effective Tax Rate	-	-	-	25.72%	24.05%	19.61%
Advertising Expenses	-	-	-	-	15.96	13.33

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.