Anbang Save-Guard Group 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	2,722	2,637	2,464	2,341	2,166	2,039
Other Revenue	19.93	19.93	20.88	37.95	31.5	24.53
Revenue	2,742	2,657	2,485	2,379	2,197	2,064
Revenue Growth (YoY)	2.73%	6.93%	4.44%	8.29%	6.46%	5.43%
Cost of Revenue	2,078	2,004	1,872	1,834	1,676	1,526
Gross Profit	664.55	653.05	612.64	544.98	521.59	537.48
Selling, General & Admin	239.42	240.52	219.19	207.5	202.74	185.37
Research & Development	28.31	27.37	19.5	12.29	8.11	7.63
Other Operating Expenses	19.3	21.86	15.77	10.54	11.78	7.23
Operating Expenses	297.22	303.48	267.88	239.02	227.37	197.89
Operating Income	367.33	349.57	344.75	305.96	294.22	339.58
Interest Expense	-9.32	-9.4	-7.69	-8.4	-9	-4.43
Interest & Investment Income	20.28	28.45	27.81	26.9	15.45	13.47
Other Non Operating Income (Expenses)	-0.02	-0.28	-0.3	-0.05	-0.44	-0.09
EBT Excluding Unusual Items	378.27	368.33	364.58	324.42	300.23	348.54
Impairment of Goodwill	-3.9	-3.9	-0.86	-	-	-
Gain (Loss) on Sale of Assets	-1.31	-0.9	-0.59	-1.66	-1.56	0.21
Asset Writedown	-0.69	-0.87	-0.29	-0.51	-0.36	-0.39
Other Unusual Items	10.09	10.09	4.54	15.81	14.57	28.53
Pretax Income	382.45	372.75	367.38	338.05	312.89	376.89
Income Tax Expense	112.05	108.67	104.94	89.81	94.27	100.61
Earnings From Continuing Operations	270.4	264.08	262.44	248.25	218.62	276.28
Minority Interest in Earnings	-140.99	-138.58	-144.18	-134.8	-125.34	-156.49
Net Income	129.41	125.49	118.25	113.45	93.27	119.79
Net Income to Common	129.41	125.49	118.25	113.45	93.27	119.79
Net Income Growth	0.02%	6.12%	4.23%	21.63%	-22.13%	89.21%
Shares Outstanding (Basic)	107	107	80	80	80	63
Shares Outstanding (Diluted)	107	107	80	80	80	63
Shares Change (YoY)	6.17%	33.34%	-0.02%	0.07%	28.21%	-
EPS (Basic)	1.21	1.17	1.47	1.41	1.16	1.91
EPS (Diluted)	1.21	1.17	1.47	1.41	1.16	1.91
EPS Growth	-5.79%	-20.41%	4.25%	21.55%	-39.27%	-
Free Cash Flow	209.9	183.61	116.92	164.16	288.58	336.03
Free Cash Flow Per Share	1.96	1.71	1.45	2.04	3.59	5.36
Dividend Per Share	0.700	0.500	0.500	-	-	0.037
Dividend Growth	40.00%	-	-	-	-	2.78%
Gross Margin	24.23%	24.58%	24.65%	22.91%	23.74%	26.04%
Operating Margin	13.40%	13.15%	13.87%	12.86%	13.39%	16.45%
Profit Margin	4.72%	4.72%	4.76%	4.77%	4.25%	5.80%
Free Cash Flow Margin	7.65%	6.91%	4.71%	6.90%	13.13%	16.28%
EBITDA	460.86	442.9	437.82	396.17	386.39	432.12
EBITDA Margin	16.81%	16.67%	17.62%	16.65%	17.59%	20.94%
D&A For EBITDA	93.53	93.33	93.07	90.2	92.17	92.54
EBIT	367.33	349.57	344.75	305.96	294.22	339.58
EBIT Margin	13.40%	13.15%	13.87%	12.86%	13.39%	16.45%
Effective Tax Rate	29.30%	29.15%	28.57%	26.57%	30.13%	26.70%
Revenue as Reported	2,742	2,657	2,485	2,379	-	-

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