Xinfengming Group Co., Ltd. (SHA:603225)

Xinfengming 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	67,166	64,821	59,899	47,538	41,205	28,802
Other Revenue	2,270	2,270	1,569	3,250	3,565	8,182
Revenue	69,436	67,091	61,469	50,787	44,770	36,984
Revenue Growth (YoY)	4.47%	9.15%	21.03%	13.44%	21.05%	8.30%
Cost of Revenue	65,504	63,443	57,975	49,084	40,102	35,183
Gross Profit	3,932	3,647	3,493	1,703	4,668	1,802
Selling, General & Admin	823.19	796.69	782.04	721.35	582.35	425.27
Research & Development	1,411	1,209	1,198	1,078	915.21	602.29
Other Operating Expenses	19.99	-39.32	103.54	61.49	-3.46	30.43
Operating Expenses	2,248	1,975	2,080	1,865	1,496	1,061
Operating Income	1,684	1,672	1,413	-162.06	3,172	740.43
Interest Expense	-670.52	-828.3	-852.87	-785.76	-595.1	-357.76
Interest & Investment Income	264.27	372.58	349.91	254.5	86.66	149.23
Currency Exchange Gain (Loss)	-63.61	-63.61	57.48	32.46	13.1	-37.16
Other Non Operating Income (Expenses)	84.93	-40.64	-31.61	-28.12	-19.91	-21.74
EBT Excluding Unusual Items	1,299	1,112	935.82	-688.98	2,657	473
Gain (Loss) on Sale of Investments	-2.88	-6.19	40.06	-21.28	-1.36	-12.84
Gain (Loss) on Sale of Assets	2.18	0.6	-0.94	0.36	-4.42	-2.32
Asset Writedown	-44.81	-0.89	-0.81	1.66	-9.49	-4.44
Other Unusual Items	151.38	151.38	200.27	242.25	31.14	188.33
Pretax Income	1,404	1,257	1,174	-465.99	2,673	641.73
Income Tax Expense	180.02	156.54	88.25	-260.45	418.89	38.69
Earnings From Continuing Operations	1,224	1,100	1,086	-205.54	2,254	603.04
Minority Interest in Earnings	-0.56	0.1	-	-	-	-
Net Income	1,224	1,100	1,086	-205.54	2,254	603.04
Net Income to Common	1,224	1,100	1,086	-205.54	2,254	603.04
Net Income Growth	29.53%	1.32%	-	-	273.77%	-55.43%
Shares Outstanding (Basic)	1,513	1,508	1,509	1,468	1,436	1,402
Shares Outstanding (Diluted)	1,513	1,508	1,509	1,468	1,445	1,402
Shares Change (YoY)	0.89%	-0.07%	2.75%	1.61%	3.03%	12.98%
EPS (Basic)	0.81	0.73	0.72	-0.14	1.57	0.43
EPS (Diluted)	0.81	0.73	0.72	-0.14	1.56	0.43
EPS Growth	28.39%	1.39%	-	-	262.79%	-60.55%
Free Cash Flow	-4,026	-264.89	310.71	-2,191	-3,151	-2,860
Free Cash Flow Per Share	-2.66	-0.18	0.21	-1.49	-2.18	-2.04
Dividend Per Share	0.225	0.225	0.255	-	0.225	0.130
Dividend Growth	-11.77%	-11.77%	-	-	73.08%	-
Gross Margin	5.66%	5.44%	5.68%	3.35%	10.43%	4.87%
Operating Margin	2.43%	2.49%	2.30%	-0.32%	7.09%	2.00%
Profit Margin	1.76%	1.64%	1.77%	-0.40%	5.04%	1.63%
Free Cash Flow Margin	-5.80%	-0.40%	0.51%	-4.32%	-7.04%	-7.73%
EBITDA	4,749	4,641	4,254	2,362	5,439	2,456
EBITDA Margin	6.84%	6.92%	6.92%	4.65%	12.15%	6.64%
D&A For EBITDA	3,066	2,969	2,841	2,524	2,266	1,715
EBIT	1,684	1,672	1,413	-162.06	3,172	740.43
EBIT Margin	2.43%	2.49%	2.30%	-0.32%	7.09%	2.00%
Effective Tax Rate	12.82%	12.45%	7.51%	-	15.67%	6.03%
Revenue as Reported	69,436	67,091	61,469	50,787	44,770	36,984

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