Jiangsu Zhongchao Holding Co., Ltd. (SHE:002471)

Jiangsu Zhongchao Holding Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,723	5,485	5,962	5,809	5,757	5,156
Other Revenue	19.78	14.01	149.14	82.23	123.01	279.08
Revenue	5,743	5,499	6,111	5,891	5,880	5,435
Revenue Growth (YoY)	0.71%	-10.01%	3.74%	0.19%	8.19%	-26.36%
Cost of Revenue	5,133	4,928	5,485	5,254	5,218	4,725
Gross Profit	609.6	571.12	626.11	636.51	661.78	709.61
Selling, General & Admin	314.9	353.13	309.76	290.91	273.71	296.33
Research & Development	186.7	198.39	210.11	199.31	205.48	198.25
Other Operating Expenses	10.42	-21.25	0.97	16.36	17.61	18.75
Operating Expenses	503.73	519.98	567.81	666.01	535.87	530.28
Operating Income	105.88	51.14	58.3	-29.51	125.91	179.33
Interest Expense	-97.76	-101.46	-106.24	-122.9	-137.23	-147.11
Interest & Investment Income	4.29	28.51	22.44	28.34	12.67	9.89
Currency Exchange Gain (Loss)	0.83	0.8	0.53	1.54	-0.19	-0.28
Other Non Operating Income (Expenses)	-16.38	-4.96	263.39	-3.99	-0.88	-1.26
EBT Excluding Unusual Items	-3.15	-25.98	238.42	-126.52	0.27	40.57
Impairment of Goodwill	-	-	-0.36	-0.61	-0.73	-6.61
Gain (Loss) on Sale of Investments	-	-	-	-	-	-34.12
Gain (Loss) on Sale of Assets	-0.55	-0.31	0.31	64.74	4.84	0.2
Asset Writedown	1.4	-	-	-0.18	-0.18	-0.05
Other Unusual Items	3.2	3.71	4.61	-4.84	3.5	15.9
Pretax Income	0.9	-22.57	242.97	-67.41	7.71	15.89
Income Tax Expense	-0.76	1.28	-5.69	-18.52	-18.74	8.48
Earnings From Continuing Operations	1.66	-23.85	248.66	-48.89	26.45	7.42
Minority Interest in Earnings	3.7	2.44	2.38	0.99	0.95	3.53
Net Income	5.36	-21.4	251.04	-47.9	27.39	10.95
Net Income to Common	5.36	-21.4	251.04	-47.9	27.39	10.95
Net Income Growth	-	-	-	-	150.17%	-
Shares Outstanding (Basic)	1,291	1,274	1,268	1,267	1,268	1,273
Shares Outstanding (Diluted)	1,332	1,274	1,282	1,267	1,268	1,273
Shares Change (YoY)	5.12%	-0.63%	1.18%	-0.09%	-0.39%	0.40%
EPS (Basic)	0.00	-0.02	0.20	-0.04	0.02	0.01
EPS (Diluted)	0.00	-0.02	0.20	-0.04	0.02	0.01
EPS Growth	-	-	-	-	151.16%	-
Free Cash Flow	-127.78	-45.64	389.45	63.82	-288.41	61.61
Free Cash Flow Per Share	-0.10	-0.04	0.30	0.05	-0.23	0.05
Dividend Per Share	-	-	0.031	-	-	-
Gross Margin	10.62%	10.38%	10.25%	10.80%	11.25%	13.06%
Operating Margin	1.84%	0.93%	0.95%	-0.50%	2.14%	3.30%
Profit Margin	0.09%	-0.39%	4.11%	-0.81%	0.47%	0.20%
Free Cash Flow Margin	-2.23%	-0.83%	6.37%	1.08%	-4.91%	1.13%
EBITDA	165.16	116.65	122.59	47.9	215.4	261.61
EBITDA Margin	2.88%	2.12%	2.01%	0.81%	3.66%	4.81%
D&A For EBITDA	59.28	65.51	64.29	77.41	89.49	82.28
EBIT	105.88	51.14	58.3	-29.51	125.91	179.33
EBIT Margin	1.84%	0.93%	0.95%	-0.50%	2.14%	3.30%
Effective Tax Rate	-	-	-	-	-	53.33%
Revenue as Reported	5,743	5,499	6,111	5,891	5,880	5,435
Advertising Expenses	-	2.81	1.96	2.27	1.35	1.48

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