MarcoPolo Holdings 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	6,844	7,285	8,880	8,614
Other Revenue	49.29	38.85	45.08	47.37
Revenue	6,893	7,324	8,925	8,661
Revenue Growth (YoY)	-20.41%	-17.93%	3.05%	-
Cost of Revenue	4,260	4,609	5,856	5,696
Gross Profit	2,633	2,715	3,069	2,965
Selling, General & Admin	700.42	738.63	793.67	771.14
Research & Development	242.95	264.64	314.54	298.1
Other Operating Expenses	107.1	106.04	112.36	95.23
Operating Expenses	1,128	1,193	1,592	1,399
Operating Income	1,505	1,522	1,477	1,566
Interest Expense	-24.48	-32.92	-59.52	-82.96
Interest & Investment Income	170.53	185.11	112.92	78.69
Currency Exchange Gain (Loss)	5.61	10.47	8.6	28.95
Other Non Operating Income (Expenses)	-2.67	-0.56	-24.04	-51.94
EBT Excluding Unusual Items	1,654	1,684	1,515	1,539
Impairment of Goodwill	-6.78	-6.78	-	-
Gain (Loss) on Sale of Investments	6.43	2.83	-0.31	0.05
Gain (Loss) on Sale of Assets	-1.7	0.32	7.54	4.08
Asset Writedown	-251.04	-226.81	-26.08	-
Other Unusual Items	57.98	67.13	86.46	253.01
Pretax Income	1,458	1,521	1,583	1,796
Income Tax Expense	187.63	193.99	229.9	281.37
Net Income	1,271	1,327	1,353	1,514
Net Income to Common	1,271	1,327	1,353	1,514
Net Income Growth	-16.08%	-1.92%	-10.66%	-
Shares Outstanding (Basic)	1,077	1,079	1,074	1,074
Shares Outstanding (Diluted)	1,077	1,079	1,074	1,074
Shares Change (YoY)	0.27%	0.47%	-0.02%	-
EPS (Basic)	1.18	1.23	1.26	1.41
EPS (Diluted)	1.18	1.23	1.26	1.41
EPS Growth	-16.31%	-2.38%	-10.64%	-
Free Cash Flow	1,817	1,504	2,792	2,531
Free Cash Flow Per Share	1.69	1.39	2.60	2.36
Gross Margin	38.19%	37.07%	34.38%	34.23%
Operating Margin	21.83%	20.78%	16.55%	18.08%
Profit Margin	18.44%	18.12%	15.16%	17.48%
Free Cash Flow Margin	26.36%	20.53%	31.29%	29.23%
EBITDA	1,896	1,935	1,910	2,010
EBITDA Margin	27.50%	26.41%	21.40%	23.21%
D&A For EBITDA	391.27	412.63	432.75	444.25
EBIT	1,505	1,522	1,477	1,566
EBIT Margin	21.83%	20.78%	16.55%	18.08%
Effective Tax Rate	12.86%	12.75%	14.52%	15.67%
Revenue as Reported	6,893	7,324	8,925	8,661
Advertising Expenses	-	116.11	105.8	92.77

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