Rongfeng Holding Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	406.23	133.3	117.21	631.92	242.58
Other Revenue	-	0.16	0	6.71	9.68
Revenue	406.23	133.46	117.21	638.63	252.26
Revenue Growth (YoY)	204.38%	13.87%	-81.65%	153.16%	130.20%
Cost of Revenue	320.43	346.72	84.54	474.87	208.84
Gross Profit	85.79	-213.26	32.66	163.76	43.42
Selling, General & Admin	45.2	52.63	56.87	96.95	76.76
Other Operating Expenses	-21.38	-29.4	7.67	23.55	6.74
Operating Expenses	23.83	23.44	63.42	181.22	88.83
Operating Income	61.97	-236.71	-30.75	-17.46	-45.41
Interest Expense	-	-15.88	-28.89	-46.31	-39.72
Interest & Investment Income	-	0.24	4.03	1.87	527.53
Currency Exchange Gain (Loss)	-	-0.05	-0.07	-0.08	-0.1
Other Non Operating Income (Expenses)	-17.3	-18.39	-1.56	-11.77	-3.25
EBT Excluding Unusual Items	44.67	-270.78	-57.25	-73.76	439.05
Impairment of Goodwill	-	-	-	-	-77.12
Gain (Loss) on Sale of Investments	-	-0.03	-	6.52	-
Gain (Loss) on Sale of Assets	-0.01	-0.03	-	0.15	-
Asset Writedown	1.5	-98.94	-	-	-0.71
Legal Settlements	-	-0.37	-0.04	-0.52	-
Other Unusual Items	-	2.34	6.04	49.94	29.88
Pretax Income	46.15	-367.81	-51.24	-17.66	391.1
Income Tax Expense	20.88	0.19	2.21	20.51	111.49
Earnings From Continuing Operations	25.27	-368	-53.45	-38.17	279.61
Minority Interest in Earnings	0.88	0.22	3.81	0.24	-44.01
Net Income	26.15	-367.78	-49.63	-37.93	235.6
Net Income to Common	26.15	-367.78	-49.63	-37.93	235.6
Shares Outstanding (Basic)	145	147	146	146	147
Shares Outstanding (Diluted)	145	147	146	146	155
Shares Change (YoY)	-1.26%	0.77%	0.06%	-5.88%	6.99%
EPS (Basic)	0.18	-2.50	-0.34	-0.26	1.60
EPS (Diluted)	0.18	-2.50	-0.34	-0.26	1.52
Free Cash Flow	261.85	14.29	3.58	-89.46	112.02
Free Cash Flow Per Share	1.80	0.10	0.03	-0.61	0.72
Gross Margin	21.12%	-159.79%	27.87%	25.64%	17.21%
Operating Margin	15.25%	-177.36%	-26.24%	-2.73%	-18.00%
Profit Margin	6.44%	-275.57%	-42.35%	-5.94%	93.39%
Free Cash Flow Margin	64.46%	10.71%	3.05%	-14.01%	44.41%
EBITDA	99.54	-197.42	3.04	12.17	-16.82
EBITDA Margin	24.50%	-147.92%	2.59%	1.91%	-6.67%
D&A For EBITDA	37.57	39.29	33.79	29.64	28.59
EBIT	61.97	-236.71	-30.75	-17.46	-45.41
EBIT Margin	15.25%	-177.36%	-26.24%	-2.73%	-18.00%
Effective Tax Rate	45.25%	-	-	-	28.51%
Revenue as Reported	-	133.46	117.21	638.63	252.26
Advertising Expenses	-	0.86	0.08	0.2	0.06

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.