Liqun Commercial Group Co.,Ltd. (SHA:601366)

Liqun Commercial Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,240	6,512	6,855	7,024	7,145	7,609
Other Revenue	929.54	929.54	847.76	835.76	939.04	779.71
Revenue	7,169	7,442	7,703	7,860	8,084	8,389
Revenue Growth (YoY)	-2.97%	-3.39%	-2.00%	-2.76%	-3.64%	-32.57%
Cost of Revenue	4,840	5,026	5,226	5,565	5,756	6,141
Gross Profit	2,330	2,416	2,477	2,295	2,328	2,249
Selling, General & Admin	1,854	1,942	2,062	2,043	2,024	1,891
Other Operating Expenses	107.88	84.51	79.78	70.19	86.76	74.56
Operating Expenses	1,999	2,050	2,159	2,115	2,111	1,966
Operating Income	330.81	365.37	318.01	180.45	216.71	282.85
Interest Expense	-306.93	-327.22	-325.67	-331.38	-263.36	-115.66
Interest & Investment Income	18.94	18.92	20.19	10.66	8.74	10.48
Currency Exchange Gain (Loss)	2.09	2.09	16.05	32.07	-8.1	-9.62
Other Non Operating Income (Expenses)	-49.12	-31.28	-39.22	-35.63	-80.38	-21.18
EBT Excluding Unusual Items	-4.21	27.88	-10.64	-143.82	-126.4	146.88
Gain (Loss) on Sale of Assets	34.91	32.52	2.85	14.3	241.85	19.41
Asset Writedown	-2.41	-	-1.97	-	-6.1	-3.94
Other Unusual Items	16.66	16.66	85	-11.59	143.81	52.74
Pretax Income	44.96	77.06	75.23	-141.12	253.16	215.09
Income Tax Expense	41.02	58.48	52.09	31.95	173.25	72.45
Earnings From Continuing Operations	3.94	18.58	23.14	-173.07	79.91	142.63
Minority Interest in Earnings	11.22	8.66	6.64	0.24	0.31	0.25
Net Income	15.16	27.24	29.78	-172.83	80.21	142.88
Net Income to Common	15.16	27.24	29.78	-172.83	80.21	142.88
Net Income Growth	-44.77%	-8.52%	-	-	-43.86%	-46.54%
Shares Outstanding (Basic)	949	908	993	864	729	794
Shares Outstanding (Diluted)	1,340	1,362	1,489	864	1,003	953
Shares Change (YoY)	-15.55%	-8.52%	72.28%	-13.82%	5.26%	10.47%
EPS (Basic)	0.02	0.03	0.03	-0.20	0.11	0.18
EPS (Diluted)	0.01	0.02	0.02	-0.20	0.08	0.15
EPS Growth	-34.60%	-	-	-	-46.67%	-51.61%
Free Cash Flow	627.18	601.85	955.46	-152.24	-325.85	-686.19
Free Cash Flow Per Share	0.47	0.44	0.64	-0.18	-0.33	-0.72
Dividend Per Share	0.020	0.020	0.030	0.100	0.150	-
Dividend Growth	-33.33%	-33.33%	-70.00%	-33.33%	-	-
Gross Margin	32.49%	32.46%	32.16%	29.20%	28.80%	26.80%
Operating Margin	4.61%	4.91%	4.13%	2.30%	2.68%	3.37%
Profit Margin	0.21%	0.37%	0.39%	-2.20%	0.99%	1.70%
Free Cash Flow Margin	8.75%	8.09%	12.40%	-1.94%	-4.03%	-8.18%
EBITDA	756.09	788.89	739.18	584.36	567.55	607.76
EBITDA Margin	10.55%	10.60%	9.60%	7.43%	7.02%	7.25%
D&A For EBITDA	425.28	423.52	421.17	403.91	350.85	324.91
EBIT	330.81	365.37	318.01	180.45	216.71	282.85
EBIT Margin	4.61%	4.91%	4.13%	2.30%	2.68%	3.37%
Effective Tax Rate	91.23%	75.89%	69.24%	-	68.44%	33.69%
Revenue as Reported	7,169	7,442	7,703	7,860	8,084	8,389
Advertising Expenses	-	42.7	45.32	32.83	49.84	42.83

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