Hunan Development 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	349.17	323.17	280.17	409.69	471.63
Other Revenue	-	13.62	12.31	11.05	6.76
Revenue	349.17	336.79	292.48	420.74	478.4
Revenue Growth (YoY)	3.67%	15.15%	-30.48%	-12.05%	53.88%
Selling, General & Admin	56.24	50.75	52.98	45.8	42.05
Provision for Bad Debts	-	1.93	-0.17	2.37	2.69
Other Operating Expenses	219.91	197.37	189.44	320.22	351.04
Total Operating Expenses	283.76	258.54	254.98	378.71	404.43
Operating Income	65.41	78.25	37.5	42.02	73.97
Interest Expense	-	-1.34	-0.65	-1.21	-5.29
Interest Income	-	9.89	24.68	39.04	62.89
Net Interest Expense	-	8.54	24.04	37.83	57.59
Other Non-Operating Income (Expenses)	25.43	-0.03	14.25	-0.06	-0.08
EBT Excluding Unusual Items	90.84	86.77	75.79	79.79	131.48
Gain (Loss) on Sale of Investments	-2.55	-9	-10.43	-13	-
Gain (Loss) on Sale of Assets	0.01	0.01	0.01	-0	0.09
Asset Writedown	-3.26	-0.15	-7.71	-0	-0.24
Other Unusual Items	-	24.81	10.41	20.61	8.07
Pretax Income	85.05	102.43	68.07	87.4	139.4
Income Tax Expense	18.3	40.33	24.86	18.93	21.54
Earnings From Continuing Ops.	66.75	62.11	43.21	68.47	117.86
Minority Interest in Earnings	5.39	5.7	6.26	0.67	1.87
Net Income	72.14	67.8	49.47	69.14	119.73
Net Income to Common	72.14	67.8	49.47	69.14	119.73
Net Income Growth	6.40%	37.07%	-28.46%	-42.25%	22.32%
Shares Outstanding (Basic)	451	452	450	461	461
Shares Outstanding (Diluted)	451	452	450	461	461
Shares Change (YoY)	-0.26%	0.52%	-2.44%	0.10%	-1.20%
EPS (Basic)	0.16	0.15	0.11	0.15	0.26
EPS (Diluted)	0.16	0.15	0.11	0.15	0.26
EPS Growth	6.67%	36.36%	-26.67%	-42.31%	23.81%
Free Cash Flow	150.78	65.37	290.64	-35.21	-221.5
Free Cash Flow Per Share	0.33	0.14	0.65	-0.08	-0.48
Dividend Per Share	-	0.050	0.050	-	0.100
Profit Margin	20.66%	20.13%	16.91%	16.43%	25.03%
Free Cash Flow Margin	43.18%	19.41%	99.37%	-8.37%	-46.30%
EBITDA	155.97	169.6	124.07	117.95	143.64
EBITDA Margin	44.67%	50.36%	42.42%	28.03%	30.03%
D&A For EBITDA	90.56	91.35	86.57	75.93	69.68
EBIT	65.41	78.25	37.5	42.02	73.97
EBIT Margin	18.73%	23.23%	12.82%	9.99%	15.46%
Effective Tax Rate	21.52%	39.37%	36.53%	21.65%	15.46%
Revenue as Reported	-	336.79	292.48	420.74	478.4

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