Hsino Tower Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	9,575	9,897	9,025	8,395	6,758
Other Revenue	-	241.37	269.85	375.7	404.49
Revenue	9,575	10,139	9,295	8,771	7,162
Revenue Growth (YoY)	-5.56%	9.07%	5.98%	22.46%	17.29%
Cost of Revenue	8,487	9,277	8,634	8,114	6,439
Gross Profit	1,088	861.74	661.05	657.2	723.68
Selling, General & Admin	440.25	412.19	364.74	328.07	289.29
Research & Development	143.59	121.33	94.4	67.33	52.17
Other Operating Expenses	29.84	41.9	34.04	39.2	7.82
Operating Expenses	613.68	577.43	503.96	437	363.47
Operating Income	474.34	284.32	157.09	220.21	360.21
Interest Expense	-	-14.11	-20.56	-44.13	-73.18
Interest & Investment Income	5.22	14.57	6.67	3.81	7.74
Currency Exchange Gain (Loss)	-	4.43	3.87	11.25	-0.78
Other Non Operating Income (Expenses)	-31.81	-15.38	-8.65	-6.81	-13.84
EBT Excluding Unusual Items	447.75	273.83	138.42	184.32	280.14
Gain (Loss) on Sale of Investments	-	5.22	-9.11	-21.66	-9.54
Gain (Loss) on Sale of Assets	76.2	-0.73	-3.94	-2.26	-2.82
Asset Writedown	-58.34	-10.53	-	-	-
Other Unusual Items	-	23.72	24.03	32.88	-1.21
Pretax Income	465.61	291.5	149.4	193.28	266.57
Income Tax Expense	94.47	61.38	25.36	27.53	55.1
Earnings From Continuing Operations	371.15	230.12	124.04	165.75	211.47
Minority Interest in Earnings	-	-	-	-	-4.52
Net Income	371.15	230.12	124.04	165.75	206.94
Net Income to Common	371.15	230.12	124.04	165.75	206.94
Net Income Growth	61.28%	85.52%	-25.16%	-19.91%	-60.35%
Shares Outstanding (Basic)	2,676	2,676	2,007	2,007	1,992
Shares Outstanding (Diluted)	2,676	2,676	2,007	2,007	1,992
Shares Change (YoY)	0.00%	33.32%	0.02%	0.75%	86.88%
EPS (Basic)	0.14	0.09	0.06	0.08	0.10
EPS (Diluted)	0.14	0.09	0.06	0.08	0.10
EPS Growth	61.28%	39.16%	-25.18%	-20.50%	-78.78%
Free Cash Flow	153.76	684.36	832.43	589.12	264.02
Free Cash Flow Per Share	0.06	0.26	0.41	0.29	0.13
Dividend Per Share	-	0.028	0.014	-	-
Dividend Growth	-	98.13%	-	-	-
Gross Margin	11.36%	8.50%	7.11%	7.49%	10.10%
Operating Margin	4.95%	2.80%	1.69%	2.51%	5.03%
Profit Margin	3.88%	2.27%	1.33%	1.89%	2.89%
Free Cash Flow Margin	1.61%	6.75%	8.96%	6.72%	3.69%
EBITDA	575.11	368.09	242.15	300.7	438.6
EBITDA Margin	6.01%	3.63%	2.60%	3.43%	6.12%
D&A For EBITDA	100.77	83.77	85.06	80.5	78.39
EBIT	474.34	284.32	157.09	220.21	360.21
EBIT Margin	4.95%	2.80%	1.69%	2.51%	5.03%
Effective Tax Rate	20.29%	21.06%	16.98%	14.24%	20.67%
Revenue as Reported	-	10,139	9,295	8,771	7,162
Advertising Expenses	-	78.79	40.42	23.19	4.73

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