Hunan Development 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	358.8	323.17	280.17	409.69	471.63	310.69
Other Revenue	13.62	13.62	12.31	11.05	6.76	0.2
Revenue	372.42	336.79	292.48	420.74	478.4	310.89
Revenue Growth (YoY)	21.52%	15.15%	-30.48%	-12.05%	53.88%	27.48%
Selling, General & Admin	58.23	50.75	52.98	45.8	42.05	36.76
Provision for Bad Debts	-3.14	1.93	-0.17	2.37	2.69	0.53
Other Operating Expenses	247.41	197.37	189.44	320.22	351.04	197.21
Total Operating Expenses	308.91	258.54	254.98	378.71	404.43	242.55
Operating Income	63.51	78.25	37.5	42.02	73.97	68.34
Interest Expense	-5.67	-1.34	-0.65	-1.21	-5.29	-6.52
Interest Income	12.88	9.89	24.68	39.04	62.89	64.46
Net Interest Expense	7.22	8.54	24.04	37.83	57.59	57.94
Other Non-Operating Income (Expenses)	1.65	-0.03	14.25	-0.06	-0.08	-0.04
EBT Excluding Unusual Items	72.38	86.77	75.79	79.79	131.48	126.23
Gain (Loss) on Sale of Investments	-8.32	-9	-10.43	-13	-	-
Gain (Loss) on Sale of Assets	0	0.01	0.01	-0	0.09	-
Asset Writedown	-0.16	-0.15	-7.71	-0	-0.24	-0.02
Other Unusual Items	24.68	24.81	10.41	20.61	8.07	-
Pretax Income	88.59	102.43	68.07	87.4	139.4	126.21
Income Tax Expense	24.11	40.33	24.86	18.93	21.54	29.01
Earnings From Continuing Ops.	64.48	62.11	43.21	68.47	117.86	97.2
Minority Interest in Earnings	5.94	5.7	6.26	0.67	1.87	0.68
Net Income	70.42	67.8	49.47	69.14	119.73	97.88
Net Income to Common	70.42	67.8	49.47	69.14	119.73	97.88
Net Income Growth	7.02%	37.07%	-28.46%	-42.25%	22.32%	-29.25%
Shares Outstanding (Basic)	441	452	450	461	461	466
Shares Outstanding (Diluted)	441	452	450	461	461	466
Shares Change (YoY)	-5.41%	0.52%	-2.44%	0.10%	-1.20%	1.06%
EPS (Basic)	0.16	0.15	0.11	0.15	0.26	0.21
EPS (Diluted)	0.16	0.15	0.11	0.15	0.26	0.21
EPS Growth	13.13%	36.36%	-26.67%	-42.31%	23.81%	-30.00%
Free Cash Flow	170.98	65.37	290.64	-35.21	-221.5	-193.16
Free Cash Flow Per Share	0.39	0.14	0.65	-0.08	-0.48	-0.41
Dividend Per Share	0.050	0.050	0.050	-	0.100	0.100
Dividend Growth	-	-	-	-	-	100.00%
Profit Margin	18.91%	20.13%	16.91%	16.43%	25.03%	31.48%
Free Cash Flow Margin	45.91%	19.41%	99.37%	-8.37%	-46.30%	-62.13%
EBITDA	158.45	169.6	124.07	117.95	143.64	135.44
EBITDA Margin	42.55%	50.36%	42.42%	28.03%	30.03%	43.56%
D&A For EBITDA	94.94	91.35	86.57	75.93	69.68	67.1
EBIT	63.51	78.25	37.5	42.02	73.97	68.34
EBIT Margin	17.05%	23.23%	12.82%	9.99%	15.46%	21.98%
Effective Tax Rate	27.21%	39.37%	36.53%	21.65%	15.46%	22.98%
Revenue as Reported	372.42	336.79	292.48	420.74	478.4	310.89

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