Dazzle Fashion 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	2,145	2,214	2,644	2,394	2,893	2,560
Other Revenue	5.23	5.23	4.46	6.64	4.35	3.83
Revenue	2,151	2,219	2,649	2,400	2,898	2,564
Revenue Growth (YoY)	-11.00%	-16.23%	10.35%	-17.16%	13.00%	7.81%
Cost of Revenue	609.54	637.77	735.6	642.43	727.88	638.8
Gross Profit	1,541	1,581	1,913	1,758	2,170	1,925
Selling, General & Admin	1,279	1,209	1,261	1,211	1,253	1,134
Research & Development	59.22	82.1	83.6	71.34	64.61	56.57
Other Operating Expenses	32.39	21.24	25.83	23.9	29.2	25.51
Operating Expenses	1,371	1,312	1,371	1,307	1,346	1,216
Operating Income	170.37	268.69	541.94	451.38	823.48	708.95
Interest Expense	-6.72	-8.1	-11.52	-12.41	-13.65	-4.84
Interest & Investment Income	57.06	55.69	70.36	63.26	107.61	102.74
Currency Exchange Gain (Loss)	-0.75	-0.75	-0.21	3.04	-3.36	-2.85
Other Non Operating Income (Expenses)	-1.5	-2.02	-3.04	-2.57	-3.06	-7.86
EBT Excluding Unusual Items	218.46	313.51	597.53	502.7	911.02	796.13
Gain (Loss) on Sale of Investments	62.33	35.97	-3.02	-64.51	-26.58	-5.25
Gain (Loss) on Sale of Assets	4.54	0.97	0.14	0.19	0.19	0.01
Asset Writedown	-3.11	-0.12	-0.02	-0.02	-	-
Other Unusual Items	53.35	53.35	71.36	60.05	25.74	59.8
Pretax Income	335.56	403.68	665.98	498.41	910.37	850.69
Income Tax Expense	75.04	100.17	172.36	113.69	220.88	220.84
Earnings From Continuing Operations	260.53	303.51	493.62	384.72	689.48	629.86
Minority Interest in Earnings	-	-	0.02	-0	-0	-0
Net Income	260.53	303.51	493.63	384.72	689.48	629.86
Net Income to Common	260.53	303.51	493.63	384.72	689.48	629.86
Net Income Growth	-27.43%	-38.52%	28.31%	-44.20%	9.47%	0.88%
Shares Outstanding (Basic)	459	467	475	475	479	481
Shares Outstanding (Diluted)	459	467	475	475	479	481
Shares Change (YoY)	-3.66%	-1.63%	-0.07%	-0.80%	-0.42%	0.11%
EPS (Basic)	0.57	0.65	1.04	0.81	1.44	1.31
EPS (Diluted)	0.57	0.65	1.04	0.81	1.44	1.31
EPS Growth	-24.68%	-37.50%	28.39%	-43.75%	9.92%	0.77%
Free Cash Flow	497.99	348.44	654.1	467.1	832.82	669.81
Free Cash Flow Per Share	1.08	0.75	1.38	0.98	1.74	1.39
Dividend Per Share	0.500	0.500	0.800	0.700	1.000	0.800
Dividend Growth	-37.50%	-37.50%	14.29%	-30.00%	25.00%	-4.00%
Gross Margin	71.66%	71.26%	72.23%	73.24%	74.88%	75.09%
Operating Margin	7.92%	12.11%	20.46%	18.80%	28.42%	27.65%
Profit Margin	12.11%	13.68%	18.64%	16.03%	23.79%	24.56%
Free Cash Flow Margin	23.16%	15.70%	24.69%	19.46%	28.74%	26.12%
EBITDA	208.27	308.59	584.52	494.53	866.88	748.65
EBITDA Margin	9.68%	13.91%	22.07%	20.60%	29.92%	29.20%
D&A For EBITDA	37.9	39.9	42.58	43.15	43.4	39.7
EBIT	170.37	268.69	541.94	451.38	823.48	708.95
EBIT Margin	7.92%	12.11%	20.46%	18.80%	28.42%	27.65%
Effective Tax Rate	22.36%	24.81%	25.88%	22.81%	24.26%	25.96%
Revenue as Reported	2,151	2,219	2,649	2,400	2,898	2,564
Advertising Expenses	-	136.14	159.83	169.47	146.2	129.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.