Chengdu Hongqi Chain Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	9,556	9,371	9,349	9,347	8,676
Other Revenue	-	752.66	783.23	673.27	674.71
Revenue	9,556	10,123	10,133	10,020	9,351
Revenue Growth (YoY)	-5.61%	-0.09%	1.12%	7.15%	3.29%
Cost of Revenue	-	7,152	7,130	7,108	6,577
Gross Profit	9,556	2,971	3,002	2,912	2,774
Selling, General & Admin	-	2,429	2,457	2,379	2,284
Other Operating Expenses	8,887	53.84	47.64	50.95	49.7
Operating Expenses	8,887	2,489	2,507	2,430	2,334
Operating Income	668.19	481.86	495.37	481.35	440.09
Interest Expense	-	-45.53	-51	-62.63	-65.13
Interest & Investment Income	-	153.81	195.25	133.46	164.57
Other Non Operating Income (Expenses)	-10.34	-32.34	-46.43	-32.14	-29.85
EBT Excluding Unusual Items	657.86	557.79	593.19	520.04	509.68
Gain (Loss) on Sale of Investments	-	-	1.19	0.24	-
Gain (Loss) on Sale of Assets	-	-0.54	7.71	1.25	0.05
Asset Writedown	-	-0.26	-	0.01	-3.88
Other Unusual Items	-	44.31	44.55	34.06	45.24
Pretax Income	657.86	601.3	646.64	555.6	551.08
Income Tax Expense	177.25	80.17	85.55	69.93	70.39
Earnings From Continuing Operations	480.6	521.13	561.08	485.67	480.7
Minority Interest in Earnings	-	0.04	0.03	-	0.63
Net Income	480.6	521.17	561.12	485.67	481.33
Net Income to Common	480.6	521.17	561.12	485.67	481.33
Net Income Growth	-7.78%	-7.12%	15.53%	0.90%	-4.66%
Shares Outstanding (Basic)	1,373	1,371	1,369	1,349	1,375
Shares Outstanding (Diluted)	1,373	1,371	1,369	1,349	1,375
Shares Change (YoY)	0.12%	0.21%	1.44%	-1.90%	0.78%
EPS (Basic)	0.35	0.38	0.41	0.36	0.35
EPS (Diluted)	0.35	0.38	0.41	0.36	0.35
EPS Growth	-7.90%	-7.32%	13.89%	2.86%	-5.41%
Free Cash Flow	-	1,161	1,171	1,414	908.87
Free Cash Flow Per Share	-	0.85	0.85	1.05	0.66
Dividend Per Share	-	0.115	0.124	0.442	0.088
Dividend Growth	-	-7.26%	-71.95%	402.27%	4.76%
Gross Margin	100.00%	29.35%	29.63%	29.06%	29.67%
Operating Margin	6.99%	4.76%	4.89%	4.80%	4.71%
Profit Margin	5.03%	5.15%	5.54%	4.85%	5.15%
Free Cash Flow Margin	-	11.47%	11.55%	14.11%	9.72%
EBITDA	785.88	599.55	615.76	605.65	575.29
EBITDA Margin	8.22%	5.92%	6.08%	6.04%	6.15%
D&A For EBITDA	117.69	117.69	120.38	124.3	135.2
EBIT	668.19	481.86	495.37	481.35	440.09
EBIT Margin	6.99%	4.76%	4.89%	4.80%	4.71%
Effective Tax Rate	26.94%	13.33%	13.23%	12.59%	12.77%
Revenue as Reported	-	10,123	10,133	10,020	9,351
Advertising Expenses	-	1.34	6.69	101.79	69.59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.