HUNAN RESUN 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	4,496	3,592	3,199	2,981	2,700	2,334
Other Revenue	56.86	56.86	49.78	63.2	48.38	36.61
Revenue	4,553	3,649	3,249	3,044	2,749	2,371
Revenue Growth (YoY)	31.91%	12.31%	6.72%	10.77%	15.94%	18.93%
Cost of Revenue	4,091	3,242	2,849	2,693	2,330	1,934
Gross Profit	462	407.39	399.91	351.05	418.73	436.77
Selling, General & Admin	158.91	172.48	155.49	125.48	127.73	114.77
Research & Development	168.71	139.91	125.29	111.76	94.52	83.74
Other Operating Expenses	8.2	6.31	12.72	16.5	10.22	10.01
Operating Expenses	345.05	318.41	291.76	258.8	236.45	210.52
Operating Income	116.95	88.99	108.15	92.25	182.27	226.25
Interest Expense	-	-	-	-	-7.33	-6.8
Interest & Investment Income	19.5	24.51	25.22	24.98	4.22	1.73
Currency Exchange Gain (Loss)	3.32	3.32	3.27	7.22	-0.53	-1.21
Other Non Operating Income (Expenses)	0.55	-0.82	-0.56	-1.36	-0.24	-0.46
EBT Excluding Unusual Items	140.32	115.99	136.08	123.09	178.39	219.51
Gain (Loss) on Sale of Investments	0.59	0.25	0.3	-0.3	-	-
Gain (Loss) on Sale of Assets	0	-0.03	0.18	-0.03	0.02	0.33
Asset Writedown	-7.09	-2.88	-3.42	-7.42	-0.5	-3.3
Other Unusual Items	11.88	6.29	8.88	8.76	16.76	36.86
Pretax Income	145.7	119.63	142.02	124.1	194.67	253.4
Income Tax Expense	11.99	10.51	6.3	4.16	15.84	31.07
Net Income	133.72	109.12	135.72	119.94	178.83	222.33
Net Income to Common	133.72	109.12	135.72	119.94	178.83	222.33
Net Income Growth	28.01%	-19.60%	13.15%	-32.93%	-19.56%	69.15%
Shares Outstanding (Basic)	131	132	126	126	102	95
Shares Outstanding (Diluted)	132	132	126	126	102	95
Shares Change (YoY)	1.23%	4.22%	0.15%	23.55%	8.01%	0.26%
EPS (Basic)	1.02	0.83	1.08	0.95	1.75	2.35
EPS (Diluted)	1.02	0.83	1.07	0.95	1.75	2.35
EPS Growth	26.46%	-22.86%	12.98%	-45.71%	-25.53%	68.71%
Free Cash Flow	206.29	159.51	-142.38	151.13	-51.16	65.97
Free Cash Flow Per Share	1.57	1.21	-1.13	1.20	-0.50	0.70
Dividend Per Share	0.510	0.510	0.650	0.600	0.643	-
Dividend Growth	-21.54%	-21.54%	8.33%	-6.67%	-	-
Gross Margin	10.15%	11.16%	12.31%	11.53%	15.24%	18.42%
Operating Margin	2.57%	2.44%	3.33%	3.03%	6.63%	9.54%
Profit Margin	2.94%	2.99%	4.18%	3.94%	6.51%	9.38%
Free Cash Flow Margin	4.53%	4.37%	-4.38%	4.96%	-1.86%	2.78%
EBITDA	205.33	170.24	179.89	162.83	242.14	277.91
EBITDA Margin	4.51%	4.67%	5.54%	5.35%	8.81%	11.72%
D&A For EBITDA	88.39	81.25	71.75	70.58	59.87	51.66
EBIT	116.95	88.99	108.15	92.25	182.27	226.25
EBIT Margin	2.57%	2.44%	3.33%	3.03%	6.63%	9.54%
Effective Tax Rate	8.23%	8.79%	4.44%	3.35%	8.14%	12.26%
Revenue as Reported	4,553	3,649	3,249	3,044	2,749	2,371
Advertising Expenses	-	6.52	6.95	4.66	4.25	5.67

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