Seazen Holdings 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	2015 - 2019
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	2015 - 2019
Operating Revenue	70,878	88,070	117,968	114,107	166,087	143,013	Upgrade
Other Revenue	928.46	928.46	1,207	1,350	2,144	2,462	Upgrade
Revenue	71,807	88,999	119,174	115,457	168,232	145,475	Upgrade
Revenue Growth (YoY)	-27.80%	-25.32%	3.22%	-31.37%	15.64%	69.46%	Upgrade
Cost of Revenue	57,427	73,008	101,816	98,283	138,674	112,889	Upgrade
Gross Profit	14,379	15,990	17,359	17,174	29,558	32,587	Upgrade
Selling, General & Admin	5,921	6,723	8,523	9,996	10,065	9,510	Upgrade
Research & Development	-	6.88	20.37	24.62	32.93	-	Upgrade
Other Operating Expenses	1,978	2,313	2,710	2,776	4,997	5,669	Upgrade
Operating Expenses	7,990	9,119	11,259	12,798	15,099	15,179	Upgrade
Operating Income	6,389	6,871	6,100	4,376	14,459	17,408	Upgrade
Interest Expense	-650.82	-3,017	-2,680	-2,936	-1,306	-1,300	Upgrade
Interest & Investment Income	-	390.82	1,786	905.71	2,681	3,593	Upgrade
Currency Exchange Gain (Loss)	-190.46	-190.46	-380.48	-292.73	-4.09	20.09	Upgrade
Other Non Operating Income (Expenses)	-2,938	-779.33	-904.3	-336.67	-648.37	-358.43	Upgrade
EBT Excluding Unusual Items	2,610	3,275	3,921	1,716	15,182	19,363	Upgrade
Gain (Loss) on Sale of Investments	-121.39	-102.21	32.37	1,085	2,824	2,524	Upgrade
Gain (Loss) on Sale of Assets	-0.19	-0.7	443.32	5.08	-0.19	-0.25	Upgrade
Asset Writedown	-	-210.52	-	-	-	-	Upgrade
Other Unusual Items	-74.47	-55.28	175.64	309.56	311.78	350.52	Upgrade
Pretax Income	2,414	2,906	4,572	3,115	18,318	22,237	Upgrade
Income Tax Expense	2,195	2,186	4,012	1,530	4,558	5,771	Upgrade
Earnings From Continuing Operations	219.33	720.04	559.6	1,585	13,760	16,466	Upgrade
Minority Interest in Earnings	52.4	32.35	177.5	-191.62	-1,162	-1,210	Upgrade
Net Income	271.73	752.39	737.1	1,394	12,598	15,256	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	-	-	17.42	Upgrade
Net Income to Common	271.73	752.39	737.1	1,394	12,598	15,238	Upgrade
Net Income Growth	-	2.07%	-47.12%	-88.94%	-17.42%	20.56%	Upgrade
Shares Outstanding (Basic)	2,266	2,280	2,234	2,259	2,253	2,245	Upgrade
Shares Outstanding (Diluted)	2,266	2,280	2,234	2,259	2,256	2,251	Upgrade
Shares Change (YoY)	0.38%	2.07%	-1.12%	0.11%	0.24%	0.36%	Upgrade
EPS (Basic)	0.12	0.33	0.33	0.62	5.59	6.79	Upgrade
EPS (Diluted)	0.12	0.33	0.33	0.62	5.58	6.78	Upgrade
EPS Growth	-	-	-46.52%	-88.94%	-17.66%	20.79%	Upgrade
Free Cash Flow	-208.7	-390.92	7,735	6,513	6,038	-20,060	Upgrade
Free Cash Flow Per Share	-0.09	-0.17	3.46	2.88	2.68	-8.91	Upgrade
Dividend Per Share	-	-	-	-	-	2.050	Upgrade
Dividend Growth	-	-	-	-	-	20.59%	Upgrade
Gross Margin	20.03%	17.97%	14.57%	14.87%	17.57%	22.40%	Upgrade
Operating Margin	8.90%	7.72%	5.12%	3.79%	8.60%	11.97%	Upgrade
Profit Margin	0.38%	0.84%	0.62%	1.21%	7.49%	10.47%	Upgrade
Free Cash Flow Margin	-0.29%	-0.44%	6.49%	5.64%	3.59%	-13.79%	Upgrade
EBITDA	6,506	7,036	6,330	4,597	14,720	17,677	Upgrade
EBITDA Margin	9.06%	7.91%	5.31%	3.98%	8.75%	12.15%	Upgrade
D&A For EBITDA	116.13	164.8	229.68	220.9	261.02	268.82	Upgrade
EBIT	6,389	6,871	6,100	4,376	14,459	17,408	Upgrade
EBIT Margin	8.90%	7.72%	5.12%	3.79%	8.60%	11.97%	Upgrade
Effective Tax Rate	90.91%	75.23%	87.76%	49.11%	24.88%	25.95%	Upgrade
Revenue as Reported	37,436	88,999	119,174	115,457	168,232	145,475	Upgrade
Advertising Expenses	-	995.05	1,468	1,437	1,798	1,896	Upgrade

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