Sailun Group 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	Jan '21 Jan 1, 2021
Operating Revenue	35,322	31,363	25,563	21,519	17,165	14,710
Other Revenue	439.69	439.69	415.5	383.25	833.58	694.68
Revenue	35,761	31,802	25,978	21,902	17,998	15,405
Revenue Growth (YoY)	16.89%	22.42%	18.61%	21.69%	16.84%	1.83%
Cost of Revenue	27,036	23,207	19,011	17,969	14,724	11,340
Gross Profit	8,725	8,596	6,967	3,933	3,274	4,065
Selling, General & Admin	2,802	2,537	2,104	1,437	1,242	1,582
Research & Development	1,085	1,005	833.72	618.71	472.53	341.82
Other Operating Expenses	93.88	86.96	83.36	59.81	40.75	20.56
Operating Expenses	3,994	3,638	3,029	2,105	1,743	1,954
Operating Income	4,731	4,957	3,939	1,828	1,532	2,111
Interest Expense	-465.82	-387.31	-460.38	-400.63	-240.27	-262.15
Interest & Investment Income	86.22	161.1	84.13	56.89	68.96	26.96
Currency Exchange Gain (Loss)	-3.37	-3.37	15.88	101.64	-53.47	-74.62
Other Non Operating Income (Expenses)	66	-28.08	-31.31	-38.22	-14.87	-39.81
EBT Excluding Unusual Items	4,414	4,699	3,547	1,547	1,292	1,761
Gain (Loss) on Sale of Investments	7.81	-14.65	-45.94	-0.05	-0.27	-11.25
Gain (Loss) on Sale of Assets	-0.3	0.59	6.11	4.47	3.02	5.29
Asset Writedown	-46.58	-43.09	-98.13	-10.84	-0.87	-38.11
Other Unusual Items	18	18	33.43	22.12	86.78	3.72
Pretax Income	4,393	4,660	3,442	1,563	1,381	1,721
Income Tax Expense	613.8	536.79	240.27	134.91	38.67	200.25
Earnings From Continuing Operations	3,779	4,123	3,202	1,428	1,342	1,521
Minority Interest in Earnings	-88.62	-60.82	-110.71	-95.99	-29.09	-29.32
Net Income	3,691	4,063	3,091	1,332	1,313	1,491
Net Income to Common	3,691	4,063	3,091	1,332	1,313	1,491
Net Income Growth	-14.37%	31.42%	132.07%	1.46%	-11.97%	24.79%
Shares Outstanding (Basic)	3,263	3,224	3,061	3,028	2,918	2,406
Shares Outstanding (Diluted)	3,289	3,250	3,155	3,098	2,918	2,486
Shares Change (YoY)	3.81%	3.03%	1.83%	6.18%	17.38%	-4.33%
EPS (Basic)	1.13	1.26	1.01	0.44	0.45	0.62
EPS (Diluted)	1.12	1.25	0.98	0.43	0.45	0.60
EPS Growth	-17.51%	27.55%	127.91%	-4.44%	-25.00%	30.44%
Free Cash Flow	-1,605	-1,736	3,287	-1,399	-1,754	1,876
Free Cash Flow Per Share	-0.49	-0.53	1.04	-0.45	-0.60	0.76
Dividend Per Share	0.380	0.380	0.170	0.150	0.150	0.150
Dividend Growth	18.75%	123.53%	13.33%	-	-	50.00%
Gross Margin	24.40%	27.03%	26.82%	17.96%	18.19%	26.39%
Operating Margin	13.23%	15.59%	15.16%	8.34%	8.51%	13.70%
Profit Margin	10.32%	12.78%	11.90%	6.08%	7.29%	9.68%
Free Cash Flow Margin	-4.49%	-5.46%	12.65%	-6.39%	-9.74%	12.18%
EBITDA	6,169	6,308	5,173	2,861	2,362	2,805
EBITDA Margin	17.25%	19.83%	19.91%	13.06%	13.13%	18.20%
D&A For EBITDA	1,438	1,351	1,235	1,033	830.74	693.52
EBIT	4,731	4,957	3,939	1,828	1,532	2,111
EBIT Margin	13.23%	15.59%	15.16%	8.34%	8.51%	13.70%
Effective Tax Rate	13.97%	11.52%	6.98%	8.63%	2.80%	11.64%
Revenue as Reported	35,761	31,802	25,978	21,902	17,998	15,405
Advertising Expenses	-	379.06	288.58	164.5	99.51	115.86

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