Anhui Heli Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	20,046	19,473	17,552	16,992	15,648	15,267
Other Revenue	345.77	345.77	245.92	164.33	125.85	149.66
Revenue	20,392	19,819	17,798	17,156	15,774	15,417
Revenue Growth (YoY)	11.89%	11.35%	3.74%	8.77%	2.31%	20.47%
Cost of Revenue	15,663	15,259	13,745	13,425	13,082	13,025
Gross Profit	4,729	4,559	4,053	3,732	2,691	2,392
Selling, General & Admin	1,735	1,701	1,458	1,186	986.99	916.84
Research & Development	1,294	1,263	1,049	952.3	637.94	627.02
Other Operating Expenses	-0.73	0.18	-47.28	45.68	93.98	89.07
Operating Expenses	3,065	3,000	2,486	2,210	1,734	1,619
Operating Income	1,664	1,559	1,567	1,522	957.13	772.69
Interest Expense	-80.64	-80.64	-79.95	-75.95	-50.09	-35.2
Interest & Investment Income	105.64	113.6	210.49	147.26	125.49	118.53
Currency Exchange Gain (Loss)	90.68	90.68	34.12	22.88	47	-23.88
Other Non Operating Income (Expenses)	-142.36	-11.05	6.02	4.73	-7.43	-7.45
EBT Excluding Unusual Items	1,637	1,672	1,737	1,621	1,072	824.7
Gain (Loss) on Sale of Investments	36.71	32.08	49.19	79.26	40.84	23.58
Gain (Loss) on Sale of Assets	-2.18	-2.94	5.32	1.92	1.11	1.79
Asset Writedown	0.18	0.1	-4.71	-	-10.44	-0.19
Other Unusual Items	1.56	1.56	2.77	0.68	67	50.23
Pretax Income	1,673	1,702	1,790	1,703	1,171	900.1
Income Tax Expense	256.2	258.4	253.12	225.76	140.64	114.88
Earnings From Continuing Operations	1,417	1,444	1,537	1,477	1,030	785.22
Minority Interest in Earnings	-201.41	-219.36	-198.46	-159.55	-122.77	-151.28
Net Income	1,216	1,225	1,338	1,317	907.19	633.94
Net Income to Common	1,216	1,225	1,338	1,317	907.19	633.94
Net Income Growth	-4.30%	-8.50%	1.62%	45.20%	43.10%	-13.40%
Shares Outstanding (Basic)	894	894	831	740	738	737
Shares Outstanding (Diluted)	894	894	892	884	738	737
Shares Change (YoY)	-0.67%	0.18%	0.94%	19.86%	0.06%	-0.30%
EPS (Basic)	1.36	1.37	1.61	1.78	1.23	0.86
EPS (Diluted)	1.36	1.37	1.50	1.49	1.23	0.86
EPS Growth	-3.89%	-8.67%	0.67%	21.14%	43.02%	-13.13%
Free Cash Flow	989.68	850.56	-315.62	788.37	9.14	131.16
Free Cash Flow Per Share	1.11	0.95	-0.35	0.89	0.01	0.18
Dividend Per Share	0.600	0.600	0.600	0.600	0.400	0.350
Dividend Growth	-	-	-	50.00%	14.29%	-
Gross Margin	23.19%	23.01%	22.77%	21.75%	17.06%	15.52%
Operating Margin	8.16%	7.87%	8.80%	8.87%	6.07%	5.01%
Profit Margin	5.96%	6.18%	7.52%	7.68%	5.75%	4.11%
Free Cash Flow Margin	4.85%	4.29%	-1.77%	4.59%	0.06%	0.85%
EBITDA	2,071	1,946	1,875	1,792	1,184	982.97
EBITDA Margin	10.15%	9.82%	10.53%	10.44%	7.50%	6.38%
D&A For EBITDA	407.14	387.29	307.89	269.95	226.47	210.28
EBIT	1,664	1,559	1,567	1,522	957.13	772.69
EBIT Margin	8.16%	7.87%	8.80%	8.87%	6.07%	5.01%
Effective Tax Rate	15.31%	15.18%	14.14%	13.26%	12.01%	12.76%
Revenue as Reported	19,819	19,819	17,798	17,156	15,774	15,417
Advertising Expenses	-	72.19	55.01	35.42	24.91	28.12

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