Shenzhen Ellassay 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	2,862	2,996	2,879	2,364	2,327	1,894
Other Revenue	39.58	39.58	36.39	31.13	35.27	68.2
Revenue	2,902	3,036	2,915	2,395	2,363	1,962
Revenue Growth (YoY)	-3.33%	4.14%	21.73%	1.35%	20.42%	-24.90%
Cost of Revenue	1,064	1,051	949.96	900.79	813.81	713.99
Gross Profit	1,838	1,985	1,965	1,494	1,549	1,248
Selling, General & Admin	1,642	1,804	1,587	1,359	1,152	930.64
Research & Development	73	78.97	72.5	52.13	56.72	58.87
Other Operating Expenses	19.49	11.5	8.93	-6.45	14.33	13.17
Operating Expenses	1,734	1,900	1,678	1,407	1,229	1,007
Operating Income	103.81	85.14	286.8	87.27	320.39	241.2
Interest Expense	-19.86	-25.9	-25.52	-27.04	-22.55	-7.09
Interest & Investment Income	63.95	38.14	80.96	53.07	68.25	343.22
Currency Exchange Gain (Loss)	-22.46	-22.46	7.46	-6.74	22.08	4.83
Other Non Operating Income (Expenses)	-16.62	-20.35	-10.59	-4.21	-53.68	-15.69
EBT Excluding Unusual Items	108.82	54.58	339.12	102.35	334.5	566.47
Impairment of Goodwill	-122.71	-122.71	-96.34	-	-	-0.77
Gain (Loss) on Sale of Investments	14.86	6.48	3.88	-8.34	-1.4	-
Gain (Loss) on Sale of Assets	6.08	5.42	1.78	-1.79	-0.2	-0.79
Asset Writedown	-150.04	-201.14	-37.85	-	-4.15	-51.34
Other Unusual Items	23.91	14.38	9.92	-	73.64	9.8
Pretax Income	-119.08	-242.98	220.52	92.21	402.39	523.38
Income Tax Expense	37.34	12.69	58.57	36.59	69.73	83.11
Earnings From Continuing Operations	-156.42	-255.68	161.95	55.62	332.66	440.27
Minority Interest in Earnings	-61.13	-53.86	-56.3	-35.17	-28.8	4.73
Net Income	-217.55	-309.53	105.65	20.45	303.86	445
Net Income to Common	-217.55	-309.53	105.65	20.45	303.86	445
Net Income Growth	-	-	416.56%	-93.27%	-31.72%	24.80%
Shares Outstanding (Basic)	370	364	364	341	349	332
Shares Outstanding (Diluted)	370	364	364	341	349	332
Shares Change (YoY)	3.58%	-0.04%	6.87%	-2.41%	5.17%	-0.35%
EPS (Basic)	-0.59	-0.85	0.29	0.06	0.87	1.34
EPS (Diluted)	-0.59	-0.85	0.29	0.06	0.87	1.34
EPS Growth	-	-	383.33%	-93.10%	-35.08%	25.23%
Free Cash Flow	536.53	341.55	382.73	193.87	166.23	148.02
Free Cash Flow Per Share	1.45	0.94	1.05	0.57	0.48	0.45
Dividend Per Share	0.050	0.050	0.240	0.017	0.252	0.390
Dividend Growth	-79.17%	-79.17%	1311.76%	-93.26%	-35.29%	56.00%
Gross Margin	63.33%	65.39%	67.41%	62.39%	65.56%	63.61%
Operating Margin	3.58%	2.80%	9.84%	3.64%	13.56%	12.29%
Profit Margin	-7.50%	-10.20%	3.62%	0.85%	12.86%	22.68%
Free Cash Flow Margin	18.49%	11.25%	13.13%	8.10%	7.03%	7.54%
EBITDA	166.21	141.8	335.79	141.64	367.8	290.96
EBITDA Margin	5.73%	4.67%	11.52%	5.91%	15.57%	14.83%
D&A For EBITDA	62.41	56.66	48.99	54.37	47.41	49.76
EBIT	103.81	85.14	286.8	87.27	320.39	241.2
EBIT Margin	3.58%	2.80%	9.84%	3.64%	13.56%	12.29%
Effective Tax Rate	-	-	26.56%	39.68%	17.33%	15.88%
Revenue as Reported	2,902	3,036	2,915	2,395	2,363	1,962
Advertising Expenses	-	153.71	143.53	132.67	104.17	62.39

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