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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	8,602	8,810	9,371	9,349	9,347	8,676
Other Revenue	745.39	745.39	752.66	783.23	673.27	674.71
Revenue	9,347	9,556	10,123	10,133	10,020	9,351
Revenue Growth	-1.24%	-5.61%	-0.09%	1.12%	7.15%	3.29%
Cost of Revenue	6,605	6,727	7,152	7,130	7,108	6,577
Gross Profit	2,743	2,829	2,971	3,002	2,912	2,774
Selling, General & Admin	2,193	2,274	2,429	2,457	2,379	2,284
Research & Development	1.18	2.87	-	-	-	-
Other Operating Expenses	54.33	52.14	53.84	47.64	50.95	49.7
Operating Expenses	2,248	2,329	2,489	2,507	2,430	2,334
Operating Income	494.22	499.17	481.86	495.37	481.35	440.09
Interest Expense	-26.93	-32.5	-45.53	-51	-62.63	-65.13
Interest & Investment Income	198.3	192	153.81	195.25	133.46	164.57
Other Non Operating Income (Expenses)	-34.2	-31.23	-32.34	-46.43	-32.14	-29.85
EBT Excluding Unusual Items	643.14	627.43	557.79	593.19	520.04	509.68
Gain (Loss) on Sale of Investments	-	-	-	1.19	0.24	-
Gain (Loss) on Sale of Assets	-1.76	-2.06	-0.54	7.71	1.25	0.05
Asset Writedown	-0.18	-0.18	-0.26	-	0.01	-3.88
Other Unusual Items	20.38	32.65	44.31	44.55	34.06	45.24
Pretax Income	661.58	657.86	601.3	646.64	555.6	551.08
Income Tax Expense	191.69	177.22	80.17	85.55	69.93	70.39
Earnings From Continuing Operations	469.89	480.63	521.13	561.08	485.67	480.7
Minority Interest in Earnings	-0.03	-0.03	0.04	0.03	-	0.63
Net Income	469.86	480.6	521.17	561.12	485.67	481.33
Net Income to Common	469.86	480.6	521.17	561.12	485.67	481.33
Net Income Growth	-8.55%	-7.78%	-7.12%	15.53%	0.90%	-4.66%
Shares Outstanding (Basic)	1,381	1,373	1,371	1,369	1,349	1,375
Shares Outstanding (Diluted)	1,381	1,373	1,371	1,369	1,349	1,375
Shares Change	-0.47%	0.12%	0.21%	1.44%	-1.90%	0.78%
EPS (Basic)	0.34	0.35	0.38	0.41	0.36	0.35
EPS (Diluted)	0.34	0.35	0.38	0.41	0.36	0.35
EPS Growth	-8.12%	-7.90%	-7.32%	13.89%	2.86%	-5.41%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	708.75	1,170	1,161	1,171	1,414	908.87
Free Cash Flow Per Share	0.51	0.85	0.85	0.85	1.05	0.66
Dividend Per Share	0.107	0.107	0.115	0.124	0.442	0.088
Dividend Growth	-6.96%	-6.96%	-7.26%	-71.95%	402.27%	4.76%
Gross Margin	29.34%	29.60%	29.35%	29.63%	29.06%	29.67%
Operating Margin	5.29%	5.22%	4.76%	4.89%	4.80%	4.71%
Profit Margin	5.03%	5.03%	5.15%	5.54%	4.85%	5.15%
Free Cash Flow Margin	7.58%	12.24%	11.47%	11.55%	14.11%	9.72%
EBITDA	574.28	595.6	600.12	615.76	605.65	575.29
EBITDA Margin	6.14%	6.23%	5.93%	6.08%	6.04%	6.15%
D&A For EBITDA	80.05	96.43	118.26	120.38	124.3	135.2
EBIT	494.22	499.17	481.86	495.37	481.35	440.09
EBIT Margin	5.29%	5.22%	4.76%	4.89%	4.80%	4.71%
Effective Tax Rate	28.98%	26.94%	13.33%	13.23%	12.59%	12.77%
Revenue as Reported	9,347	9,556	10,123	10,133	10,020	9,351
Advertising Expenses	-	2.05	1.34	6.69	101.79	69.59