Anhui Heli 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	Sep '25 Sep 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
Operating Revenue	18,586	17,114	16,992	15,648	15,267	12,670
Other Revenue	211.92	211.92	164.33	125.85	149.66	127.13
Revenue	18,798	17,325	17,156	15,774	15,417	12,797
Revenue Growth (YoY)	7.50%	0.99%	8.77%	2.31%	20.47%	26.32%
Cost of Revenue	14,328	13,277	13,425	13,082	13,025	10,579
Gross Profit	4,470	4,049	3,732	2,691	2,392	2,218
Selling, General & Admin	1,631	1,451	1,186	986.99	916.84	748.99
Research & Development	1,294	1,086	952.3	637.94	627.02	529.13
Other Operating Expenses	-6.12	-46.38	45.68	93.98	89.07	90.1
Operating Expenses	2,960	2,521	2,210	1,734	1,619	1,366
Operating Income	1,510	1,527	1,522	957.13	772.69	851.56
Interest Expense	-102.88	-79.95	-75.95	-50.09	-35.2	-19.41
Interest & Investment Income	153.5	206.27	147.26	125.49	118.53	118.05
Currency Exchange Gain (Loss)	32.88	32.88	22.88	47	-23.88	-23.43
Other Non Operating Income (Expenses)	67.79	-8.58	4.73	-7.43	-7.45	-2.46
EBT Excluding Unusual Items	1,661	1,678	1,621	1,072	824.7	924.31
Gain (Loss) on Sale of Investments	51.51	48.91	79.26	40.84	23.58	6.47
Gain (Loss) on Sale of Assets	1.08	4.14	1.92	1.11	1.79	1.38
Asset Writedown	-6.85	-3.59	-	-10.44	-0.19	-0.47
Other Unusual Items	17.58	17.58	0.68	67	50.23	42.76
Pretax Income	1,724	1,745	1,703	1,171	900.1	974.44
Income Tax Expense	243.07	244.68	225.76	140.64	114.88	140.14
Earnings From Continuing Operations	1,481	1,500	1,477	1,030	785.22	834.3
Minority Interest in Earnings	-219.03	-180.53	-159.55	-122.77	-151.28	-102.29
Net Income	1,262	1,320	1,317	907.19	633.94	732.01
Net Income to Common	1,262	1,320	1,317	907.19	633.94	732.01
Net Income Growth	-16.37%	0.18%	45.20%	43.10%	-13.40%	12.38%
Shares Outstanding (Basic)	920	830	740	738	737	739
Shares Outstanding (Diluted)	977	892	884	738	737	739
Shares Change (YoY)	7.50%	0.86%	19.86%	0.06%	-0.30%	-0.10%
EPS (Basic)	1.37	1.59	1.78	1.23	0.86	0.99
EPS (Diluted)	1.29	1.48	1.49	1.23	0.86	0.99
EPS Growth	-22.21%	-0.67%	21.14%	43.02%	-13.13%	12.50%
Free Cash Flow	175.06	-367.52	788.37	9.14	131.16	688.3
Free Cash Flow Per Share	0.18	-0.41	0.89	0.01	0.18	0.93
Dividend Per Share	0.700	0.600	0.600	0.400	0.350	0.350
Dividend Growth	16.67%	-	50.00%	14.29%	-	-
Gross Margin	23.78%	23.37%	21.75%	17.06%	15.52%	17.33%
Operating Margin	8.03%	8.82%	8.87%	6.07%	5.01%	6.65%
Profit Margin	6.71%	7.62%	7.68%	5.75%	4.11%	5.72%
Free Cash Flow Margin	0.93%	-2.12%	4.59%	0.06%	0.85%	5.38%
EBITDA	1,841	1,832	1,792	1,184	982.97	1,044
EBITDA Margin	9.79%	10.57%	10.44%	7.50%	6.38%	8.16%
D&A For EBITDA	331.25	304.98	269.95	226.47	210.28	192.83
EBIT	1,510	1,527	1,522	957.13	772.69	851.56
EBIT Margin	8.03%	8.82%	8.87%	6.07%	5.01%	6.65%
Effective Tax Rate	14.10%	14.02%	13.26%	12.01%	12.76%	14.38%
Revenue as Reported	18,798	17,325	17,156	15,774	15,417	12,797
Advertising Expenses	-	54.52	35.42	24.91	28.12	25.77

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