Chengdu Wintrue Holding Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	21,756	21,366	20,343	21,742	20,487	14,807
Other Revenue	33.54	33.54	36.32	24.98	14.35	91.29
Revenue	21,790	21,400	20,380	21,767	20,502	14,898
Revenue Growth (YoY)	3.09%	5.01%	-6.38%	6.17%	37.62%	62.74%
Cost of Revenue	19,213	18,904	18,232	19,591	17,416	12,181
Gross Profit	2,577	2,496	2,147	2,176	3,086	2,717
Selling, General & Admin	979.57	963.09	844.58	886.76	886.5	792.89
Research & Development	363.15	355.7	336.58	314.82	287.35	205.71
Other Operating Expenses	49.97	29.24	-28.06	-74.36	90.58	83.54
Operating Expenses	1,435	1,390	1,145	1,135	1,280	1,099
Operating Income	1,142	1,105	1,002	1,041	1,806	1,618
Interest Expense	-204.41	-204.41	-223.65	-189.44	-182.03	-176.18
Interest & Investment Income	51.99	32.28	83.5	166.77	49.66	40.26
Currency Exchange Gain (Loss)	1.89	1.89	-4.35	10	12.24	-16.1
Other Non Operating Income (Expenses)	-32.19	-4.31	-4.99	8.58	-8.69	-9.24
EBT Excluding Unusual Items	959.42	930.61	852.62	1,037	1,677	1,457
Impairment of Goodwill	-0.81	-0.81	-	-	-	-
Gain (Loss) on Sale of Investments	-16.44	-51.68	-33.44	-5.41	0.75	0.43
Gain (Loss) on Sale of Assets	1.25	1.84	0.96	1.45	-0.74	1.61
Asset Writedown	-27.77	-23.96	-16.98	-12.69	-25.45	-25.21
Other Unusual Items	100.1	100.1	108.93	-	104.73	77
Pretax Income	1,016	956.1	912.09	1,020	1,757	1,510
Income Tax Expense	118.02	110.03	92.89	147.06	264.88	273.34
Earnings From Continuing Operations	897.73	846.07	819.2	873.09	1,492	1,237
Minority Interest in Earnings	-20.85	-18.99	-14.73	18.76	0.21	-5.41
Net Income	876.88	827.08	804.47	891.86	1,492	1,232
Net Income to Common	876.88	827.08	804.47	891.86	1,492	1,232
Net Income Growth	3.78%	2.81%	-9.80%	-40.22%	21.13%	147.06%
Shares Outstanding (Basic)	1,203	1,202	1,201	1,205	1,008	1,001
Shares Outstanding (Diluted)	1,203	1,202	1,201	1,205	1,008	1,010
Shares Change (YoY)	-0.29%	0.08%	-0.37%	19.56%	-0.15%	-0.77%
EPS (Basic)	0.73	0.69	0.67	0.74	1.48	1.23
EPS (Diluted)	0.73	0.69	0.67	0.74	1.48	1.22
EPS Growth	4.07%	2.73%	-9.46%	-50.00%	21.31%	148.98%
Free Cash Flow	-2,256	-1,099	-1,382	-2,745	-893.68	426.86
Free Cash Flow Per Share	-1.88	-0.92	-1.15	-2.28	-0.89	0.42
Dividend Per Share	0.200	0.200	0.200	0.200	0.300	0.400
Dividend Growth	-	-	-	-33.33%	-25.00%	100.00%
Gross Margin	11.83%	11.66%	10.54%	10.00%	15.05%	18.23%
Operating Margin	5.24%	5.16%	4.92%	4.78%	8.81%	10.86%
Profit Margin	4.02%	3.86%	3.95%	4.10%	7.28%	8.27%
Free Cash Flow Margin	-10.35%	-5.14%	-6.78%	-12.61%	-4.36%	2.86%
EBITDA	2,186	2,133	1,965	1,754	2,462	2,306
EBITDA Margin	10.03%	9.97%	9.64%	8.06%	12.01%	15.48%
D&A For EBITDA	1,044	1,028	962.5	713.12	655.79	688.08
EBIT	1,142	1,105	1,002	1,041	1,806	1,618
EBIT Margin	5.24%	5.16%	4.92%	4.78%	8.81%	10.86%
Effective Tax Rate	11.62%	11.51%	10.18%	14.42%	15.08%	18.10%
Revenue as Reported	21,400	21,400	20,380	21,767	20,502	14,898
Advertising Expenses	-	63.1	61.77	57	52.77	38.73

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