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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,398	5,485	5,962	5,809	5,757	5,156
Other Revenue	14.01	14.01	149.14	82.23	123.01	279.08
Revenue	5,412	5,499	6,111	5,891	5,880	5,435
Revenue Growth (YoY)	-6.74%	-10.01%	3.74%	0.19%	8.19%	-26.36%
Cost of Revenue	4,853	4,928	5,485	5,254	5,218	4,725
Gross Profit	559.29	571.12	626.11	636.51	661.78	709.61
Selling, General & Admin	294.23	353.13	309.76	290.91	273.71	296.33
Research & Development	184.61	198.39	210.11	199.31	205.48	198.25
Other Operating Expenses	15.7	-21.25	0.97	16.36	17.61	18.75
Operating Expenses	506.46	519.98	567.81	666.01	535.87	530.28
Operating Income	52.83	51.14	58.3	-29.51	125.91	179.33
Interest Expense	-100.37	-101.46	-106.24	-122.9	-137.23	-147.11
Interest & Investment Income	5.76	28.51	22.44	28.34	12.67	9.89
Currency Exchange Gain (Loss)	0.8	0.8	0.53	1.54	-0.19	-0.28
Other Non Operating Income (Expenses)	-6.85	-4.96	263.39	-3.99	-0.88	-1.26
EBT Excluding Unusual Items	-47.84	-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	-0.7	-0.31	0.31	64.74	4.84	0.2
Asset Writedown	0.44	-	-	-0.18	-0.18	-0.05
Other Unusual Items	3.71	3.71	4.61	-4.84	3.5	15.9
Pretax Income	-44.39	-22.57	242.97	-67.41	7.71	15.89
Income Tax Expense	-0.99	1.28	-5.69	-18.52	-18.74	8.48
Earnings From Continuing Operations	-43.4	-23.85	248.66	-48.89	26.45	7.42
Minority Interest in Earnings	3.84	2.44	2.38	0.99	0.95	3.53
Net Income	-39.57	-21.4	251.04	-47.9	27.39	10.95
Net Income to Common	-39.57	-21.4	251.04	-47.9	27.39	10.95
Net Income Growth	-	-	-	-	150.17%	-
Shares Outstanding (Basic)	1,308	1,274	1,268	1,267	1,268	1,273
Shares Outstanding (Diluted)	1,308	1,274	1,282	1,267	1,268	1,273
Shares Change (YoY)	3.50%	-0.63%	1.18%	-0.09%	-0.39%	0.40%
EPS (Basic)	-0.03	-0.02	0.20	-0.04	0.02	0.01
EPS (Diluted)	-0.03	-0.02	0.20	-0.04	0.02	0.01
EPS Growth	-	-	-	-	151.16%	-
Free Cash Flow	5.3	-45.64	389.45	63.82	-288.41	61.61
Free Cash Flow Per Share	0.00	-0.04	0.30	0.05	-0.23	0.05
Dividend Per Share	-	-	0.031	-	-	-
Gross Margin	10.33%	10.38%	10.25%	10.80%	11.25%	13.06%
Operating Margin	0.98%	0.93%	0.95%	-0.50%	2.14%	3.30%
Profit Margin	-0.73%	-0.39%	4.11%	-0.81%	0.47%	0.20%
Free Cash Flow Margin	0.10%	-0.83%	6.37%	1.08%	-4.91%	1.13%
EBITDA	119.26	116.65	122.59	47.9	215.4	261.61
EBITDA Margin	2.20%	2.12%	2.01%	0.81%	3.66%	4.81%
D&A For EBITDA	66.43	65.51	64.29	77.41	89.49	82.28
EBIT	52.83	51.14	58.3	-29.51	125.91	179.33
EBIT Margin	0.98%	0.93%	0.95%	-0.50%	2.14%	3.30%
Effective Tax Rate	-	-	-	-	-	53.33%
Revenue as Reported	5,412	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.