Sailun Group 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	37,453	36,403	31,363	25,563	21,519	17,165
Other Revenue	389.04	389.04	439.69	415.5	383.25	833.58
Revenue	37,842	36,792	31,802	25,978	21,902	17,998
Revenue Growth (YoY)	14.96%	15.69%	22.42%	18.61%	21.69%	16.84%
Cost of Revenue	28,512	27,923	23,207	19,011	17,969	14,724
Gross Profit	9,330	8,869	8,596	6,967	3,933	3,274
Selling, General & Admin	3,288	3,137	2,537	2,104	1,437	1,242
Research & Development	1,146	1,132	1,005	833.72	618.71	472.53
Other Operating Expenses	105.89	94.57	86.96	83.36	59.81	40.75
Operating Expenses	4,550	4,372	3,638	3,029	2,105	1,743
Operating Income	4,780	4,497	4,957	3,939	1,828	1,532
Interest Expense	-478.55	-474.61	-387.31	-460.38	-400.63	-240.27
Interest & Investment Income	101.21	117.93	161.1	84.13	56.89	68.96
Currency Exchange Gain (Loss)	34.81	34.81	-3.37	15.88	101.64	-53.47
Other Non Operating Income (Expenses)	-197.4	-28.72	-30.95	-31.31	-38.22	-14.87
EBT Excluding Unusual Items	4,240	4,146	4,697	3,547	1,547	1,292
Gain (Loss) on Sale of Investments	37.21	18.13	-14.65	-45.94	-0.05	-0.27
Gain (Loss) on Sale of Assets	-5.39	-0.73	0.59	6.11	4.47	3.02
Asset Writedown	-61.26	-16.6	-43.09	-98.13	-10.84	-0.87
Other Unusual Items	29.07	28.84	20.88	33.43	22.12	86.78
Pretax Income	4,239	4,176	4,660	3,442	1,563	1,381
Income Tax Expense	611.35	559.19	536.79	240.27	134.91	38.67
Earnings From Continuing Operations	3,628	3,617	4,123	3,202	1,428	1,342
Minority Interest in Earnings	-87.72	-94.31	-60.82	-110.71	-95.99	-29.09
Net Income	3,540	3,522	4,063	3,091	1,332	1,313
Net Income to Common	3,540	3,522	4,063	3,091	1,332	1,313
Net Income Growth	-12.96%	-13.30%	31.42%	132.07%	1.46%	-11.97%
Shares Outstanding (Basic)	3,275	3,262	3,224	3,061	3,028	2,918
Shares Outstanding (Diluted)	3,275	3,262	3,250	3,155	3,098	2,918
Shares Change (YoY)	0.66%	0.35%	3.03%	1.83%	6.18%	17.38%
EPS (Basic)	1.08	1.08	1.26	1.01	0.44	0.45
EPS (Diluted)	1.08	1.08	1.25	0.98	0.43	0.45
EPS Growth	-13.53%	-13.60%	27.55%	127.91%	-4.44%	-25.00%
Free Cash Flow	-48.35	-638.93	-1,736	3,287	-1,399	-1,754
Free Cash Flow Per Share	-0.01	-0.20	-0.53	1.04	-0.45	-0.60
Dividend Per Share	0.330	0.330	0.380	0.170	0.150	0.150
Dividend Growth	-13.16%	-13.16%	123.53%	13.33%	-	-
Gross Margin	24.65%	24.11%	27.03%	26.82%	17.96%	18.19%
Operating Margin	12.63%	12.22%	15.59%	15.16%	8.34%	8.51%
Profit Margin	9.36%	9.57%	12.78%	11.90%	6.08%	7.29%
Free Cash Flow Margin	-0.13%	-1.74%	-5.46%	12.65%	-6.39%	-9.74%
EBITDA	6,325	6,007	6,329	5,173	2,861	2,362
EBITDA Margin	16.71%	16.33%	19.90%	19.91%	13.06%	13.13%
D&A For EBITDA	1,545	1,510	1,371	1,235	1,033	830.74
EBIT	4,780	4,497	4,957	3,939	1,828	1,532
EBIT Margin	12.63%	12.22%	15.59%	15.16%	8.34%	8.51%
Effective Tax Rate	14.42%	13.39%	11.52%	6.98%	8.63%	2.80%
Revenue as Reported	37,842	36,792	31,802	25,978	21,902	17,998
Advertising Expenses	-	433.34	379.06	288.58	164.5	99.51

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