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
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
Operating Revenue	70,878	88,070	117,968	114,107	166,087	143,013
Other Revenue	928.46	928.46	1,207	1,350	2,144	2,462
Revenue	71,807	88,999	119,174	115,457	168,232	145,475
Revenue Growth (YoY)	-27.80%	-25.32%	3.22%	-31.37%	15.64%	69.46%
Cost of Revenue	57,427	73,008	101,816	98,283	138,674	112,889
Gross Profit	14,379	15,990	17,359	17,174	29,558	32,587
Selling, General & Admin	5,921	6,723	8,523	9,996	10,065	9,510
Research & Development	-	6.88	20.37	24.62	32.93	-
Other Operating Expenses	1,980	2,313	2,710	2,776	4,997	5,669
Operating Expenses	7,944	9,119	11,259	12,798	15,099	15,179
Operating Income	6,436	6,871	6,100	4,376	14,459	17,408
Interest Expense	-2,915	-3,017	-2,680	-2,936	-1,306	-1,300
Interest & Investment Income	-	390.82	1,786	905.71	2,681	3,593
Currency Exchange Gain (Loss)	-190.46	-190.46	-380.48	-292.73	-4.09	20.09
Other Non Operating Income (Expenses)	-739.18	-779.33	-904.3	-336.67	-648.37	-358.43
EBT Excluding Unusual Items	2,591	3,275	3,921	1,716	15,182	19,363
Gain (Loss) on Sale of Investments	-121.39	-102.21	32.37	1,085	2,824	2,524
Gain (Loss) on Sale of Assets	-0.19	-0.7	443.32	5.08	-0.19	-0.25
Asset Writedown	-	-210.52	-	-	-	-
Other Unusual Items	-55.28	-55.28	175.64	309.56	311.78	350.52
Pretax Income	2,414	2,906	4,572	3,115	18,318	22,237
Income Tax Expense	2,195	2,186	4,012	1,530	4,558	5,771
Earnings From Continuing Operations	219.33	720.04	559.6	1,585	13,760	16,466
Minority Interest in Earnings	52.4	32.35	177.5	-191.62	-1,162	-1,210
Net Income	271.73	752.39	737.1	1,394	12,598	15,256
Preferred Dividends & Other Adjustments	-	-	-	-	-	17.42
Net Income to Common	271.73	752.39	737.1	1,394	12,598	15,238
Net Income Growth	-	2.07%	-47.12%	-88.94%	-17.42%	20.56%
Shares Outstanding (Basic)	2,274	2,280	2,234	2,259	2,253	2,245
Shares Outstanding (Diluted)	2,274	2,280	2,234	2,259	2,256	2,251
Shares Change (YoY)	1.14%	2.07%	-1.12%	0.11%	0.24%	0.36%
EPS (Basic)	0.12	0.33	0.33	0.62	5.59	6.79
EPS (Diluted)	0.12	0.33	0.33	0.62	5.58	6.78
EPS Growth	-	-	-46.52%	-88.94%	-17.66%	20.79%
Free Cash Flow	-208.7	-390.92	7,735	6,513	6,038	-20,060
Free Cash Flow Per Share	-0.09	-0.17	3.46	2.88	2.68	-8.91
Dividend Per Share	-	-	-	-	-	2.050
Dividend Growth	-	-	-	-	-	20.59%
Gross Margin	20.03%	17.97%	14.57%	14.87%	17.57%	22.40%
Operating Margin	8.96%	7.72%	5.12%	3.79%	8.60%	11.97%
Profit Margin	0.38%	0.84%	0.62%	1.21%	7.49%	10.47%
Free Cash Flow Margin	-0.29%	-0.44%	6.49%	5.64%	3.59%	-13.79%
EBITDA	6,552	7,036	6,330	4,597	14,720	17,677
EBITDA Margin	9.12%	7.91%	5.31%	3.98%	8.75%	12.15%
D&A For EBITDA	116.13	164.8	229.68	220.9	261.02	268.82
EBIT	6,436	6,871	6,100	4,376	14,459	17,408
EBIT Margin	8.96%	7.72%	5.12%	3.79%	8.60%	11.97%
Effective Tax Rate	90.91%	75.23%	87.76%	49.11%	24.88%	25.95%
Revenue as Reported	71,807	88,999	119,174	115,457	168,232	145,475
Advertising Expenses	-	995.05	1,468	1,437	1,798	1,896

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