Chengdu Hongqi Chain 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	8,712	9,371	9,349	9,347	8,676	8,478
Other Revenue	752.66	752.66	783.23	673.27	674.71	574.99
Revenue	9,465	10,123	10,133	10,020	9,351	9,053
Revenue Growth (YoY)	-7.74%	-0.09%	1.12%	7.15%	3.29%	15.73%
Cost of Revenue	6,669	7,152	7,130	7,108	6,577	6,387
Gross Profit	2,796	2,971	3,002	2,912	2,774	2,666
Selling, General & Admin	2,240	2,429	2,457	2,379	2,284	2,173
Other Operating Expenses	84.96	53.84	47.64	50.95	49.7	20.77
Operating Expenses	2,333	2,489	2,507	2,430	2,334	2,194
Operating Income	462.41	481.86	495.37	481.35	440.09	472.1
Interest Expense	-37	-45.53	-51	-62.63	-65.13	-3.4
Interest & Investment Income	173.26	153.81	195.25	133.46	164.57	138.43
Other Non Operating Income (Expenses)	-9.91	-32.34	-46.43	-32.14	-29.85	-30.2
EBT Excluding Unusual Items	588.76	557.79	593.19	520.04	509.68	576.94
Gain (Loss) on Sale of Investments	-	-	1.19	0.24	-	-
Gain (Loss) on Sale of Assets	-5.84	-0.54	7.71	1.25	0.05	-
Asset Writedown	-0.26	-0.26	-	0.01	-3.88	-1.85
Other Unusual Items	63.27	44.31	44.55	34.06	45.24	-
Pretax Income	645.93	601.3	646.64	555.6	551.08	575.08
Income Tax Expense	132.14	80.17	85.55	69.93	70.39	70.36
Earnings From Continuing Operations	513.78	521.13	561.08	485.67	480.7	504.72
Minority Interest in Earnings	0.02	0.04	0.03	-	0.63	0.15
Net Income	513.81	521.17	561.12	485.67	481.33	504.87
Net Income to Common	513.81	521.17	561.12	485.67	481.33	504.87
Net Income Growth	-5.54%	-7.12%	15.53%	0.90%	-4.66%	-2.20%
Shares Outstanding (Basic)	1,388	1,371	1,369	1,349	1,375	1,365
Shares Outstanding (Diluted)	1,388	1,371	1,369	1,349	1,375	1,365
Shares Change (YoY)	2.09%	0.21%	1.44%	-1.90%	0.78%	0.44%
EPS (Basic)	0.37	0.38	0.41	0.36	0.35	0.37
EPS (Diluted)	0.37	0.38	0.41	0.36	0.35	0.37
EPS Growth	-7.48%	-7.32%	13.89%	2.86%	-5.41%	-2.63%
Free Cash Flow	1,275	1,161	1,171	1,414	908.87	358.6
Free Cash Flow Per Share	0.92	0.85	0.85	1.05	0.66	0.26
Dividend Per Share	0.115	0.115	0.124	0.442	0.088	0.084
Dividend Growth	-7.26%	-7.26%	-71.95%	402.27%	4.76%	-3.45%
Gross Margin	29.54%	29.35%	29.63%	29.06%	29.67%	29.45%
Operating Margin	4.89%	4.76%	4.89%	4.80%	4.71%	5.21%
Profit Margin	5.43%	5.15%	5.54%	4.85%	5.15%	5.58%
Free Cash Flow Margin	13.47%	11.47%	11.55%	14.11%	9.72%	3.96%
EBITDA	578.07	599.55	615.76	605.65	575.29	607.5
EBITDA Margin	6.11%	5.92%	6.08%	6.04%	6.15%	6.71%
D&A For EBITDA	115.66	117.69	120.38	124.3	135.2	135.4
EBIT	462.41	481.86	495.37	481.35	440.09	472.1
EBIT Margin	4.89%	4.76%	4.89%	4.80%	4.71%	5.21%
Effective Tax Rate	20.46%	13.33%	13.23%	12.59%	12.77%	12.23%
Revenue as Reported	9,465	10,123	10,133	10,020	9,351	9,053
Advertising Expenses	-	1.34	6.69	101.79	69.59	72.91

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.