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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,881	2,827	2,996	2,879	2,364	2,327
Other Revenue	29.33	29.33	39.58	36.39	31.13	35.27
Revenue	2,910	2,857	3,036	2,915	2,395	2,363
Revenue Growth (YoY)	-2.25%	-5.90%	4.14%	21.73%	1.35%	20.42%
Cost of Revenue	939.56	959.43	1,051	949.96	900.79	813.81
Gross Profit	1,971	1,897	1,985	1,965	1,494	1,549
Selling, General & Admin	1,564	1,556	1,804	1,587	1,359	1,152
Research & Development	71.08	70.36	78.97	72.5	52.13	56.72
Other Operating Expenses	16.33	16.98	11.5	8.93	-6.45	14.33
Operating Expenses	1,651	1,643	1,900	1,678	1,407	1,229
Operating Income	319.16	254.15	85.14	286.8	87.27	320.39
Interest Expense	-18.98	-18.98	-25.9	-25.52	-27.04	-22.55
Interest & Investment Income	59.09	66.73	38.14	80.96	53.07	68.25
Currency Exchange Gain (Loss)	52.45	52.45	-22.46	7.46	-6.74	22.08
Other Non Operating Income (Expenses)	-26.29	-1.92	-22.28	-10.59	-4.21	-53.68
EBT Excluding Unusual Items	383.18	352.42	52.65	339.12	102.35	334.5
Impairment of Goodwill	-25.1	-25.1	-122.71	-96.34	-	-
Gain (Loss) on Sale of Investments	8.35	11.53	6.48	3.88	-8.34	-1.4
Gain (Loss) on Sale of Assets	7.12	9.08	8.59	1.78	-1.79	-0.2
Asset Writedown	-63.54	-52.98	-204.31	-37.85	-	-4.15
Other Unusual Items	14.84	14.84	16.31	9.92	-	73.64
Pretax Income	324.84	309.8	-242.98	220.52	92.21	402.39
Income Tax Expense	94.39	81.43	12.69	58.57	36.59	69.73
Earnings From Continuing Operations	230.45	228.37	-255.68	161.95	55.62	332.66
Minority Interest in Earnings	-65.51	-63.49	-53.86	-56.3	-35.17	-28.8
Net Income	164.94	164.88	-309.53	105.65	20.45	303.86
Net Income to Common	164.94	164.88	-309.53	105.65	20.45	303.86
Net Income Growth	-	-	-	416.56%	-93.27%	-31.72%
Shares Outstanding (Basic)	367	366	364	364	341	349
Shares Outstanding (Diluted)	367	366	364	364	341	349
Shares Change (YoY)	0.15%	0.62%	-0.04%	6.87%	-2.41%	5.17%
EPS (Basic)	0.45	0.45	-0.85	0.29	0.06	0.87
EPS (Diluted)	0.45	0.45	-0.85	0.29	0.06	0.87
EPS Growth	-	-	-	383.33%	-93.10%	-35.08%
Free Cash Flow	645.78	520.69	341.55	382.73	193.87	166.23
Free Cash Flow Per Share	1.76	1.42	0.94	1.05	0.57	0.48
Dividend Per Share	0.182	0.182	0.050	0.240	0.017	0.252
Dividend Growth	264.00%	264.00%	-79.17%	1311.76%	-93.26%	-35.29%
Gross Margin	67.72%	66.41%	65.39%	67.41%	62.39%	65.56%
Operating Margin	10.97%	8.90%	2.80%	9.84%	3.64%	13.56%
Profit Margin	5.67%	5.77%	-10.20%	3.62%	0.85%	12.86%
Free Cash Flow Margin	22.19%	18.23%	11.25%	13.13%	8.10%	7.03%
EBITDA	341.16	284.2	147.38	335.79	141.64	367.8
EBITDA Margin	11.72%	9.95%	4.86%	11.52%	5.91%	15.57%
D&A For EBITDA	22	30.05	62.24	48.99	54.37	47.41
EBIT	319.16	254.15	85.14	286.8	87.27	320.39
EBIT Margin	10.97%	8.90%	2.80%	9.84%	3.64%	13.56%
Effective Tax Rate	29.06%	26.28%	-	26.56%	39.68%	17.33%
Revenue as Reported	2,857	2,857	3,036	2,915	2,395	2,363
Advertising Expenses	-	122.44	153.71	143.53	132.67	104.17

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