Jiangmen Kanhoo Industry 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	2,072	2,113	3,025	3,954	3,329
Other Revenue	-	9.35	3.8	8	1.61
Revenue	2,072	2,123	3,029	3,962	3,331
Revenue Growth (YoY)	-2.39%	-29.92%	-23.56%	18.96%	102.29%
Cost of Revenue	1,931	2,046	2,920	3,789	2,888
Gross Profit	140.76	76.13	109.18	172.97	442.73
Selling, General & Admin	131.24	154.83	163.38	165.83	141.31
Research & Development	88.4	87.87	171.52	214.04	185.33
Other Operating Expenses	-9.06	-18.68	-10.38	-11.27	-12.58
Operating Expenses	210.58	221.56	387.07	438.3	378.74
Operating Income	-69.81	-145.43	-277.89	-265.33	64
Interest Expense	-	-81.2	-78.36	-76.88	-55.79
Interest & Investment Income	0.21	40.87	7.03	6.05	2.78
Currency Exchange Gain (Loss)	-	-0.24	-1.31	-1.67	0.52
Other Non Operating Income (Expenses)	-48.92	-0.27	-16.73	2.21	-10.21
EBT Excluding Unusual Items	-118.51	-186.26	-367.27	-335.62	1.29
Impairment of Goodwill	-	-	-58.38	-60.75	-
Gain (Loss) on Sale of Investments	1.09	-5.36	-4.82	-84.64	-7.8
Gain (Loss) on Sale of Assets	-2.49	1.8	0.34	2.58	-0.01
Asset Writedown	-117.92	-2.55	-6.62	-0.45	-2.8
Other Unusual Items	-	-0.08	17.77	23.14	15.34
Pretax Income	-237.83	-192.46	-418.97	-455.74	6.02
Income Tax Expense	0.15	-0.01	100.8	4.41	-8.43
Earnings From Continuing Operations	-237.98	-192.45	-519.77	-460.14	14.44
Minority Interest in Earnings	19.39	0.82	0.69	-0.24	-0.46
Net Income	-218.59	-191.62	-519.08	-460.38	13.98
Net Income to Common	-218.59	-191.62	-519.08	-460.38	13.98
Shares Outstanding (Basic)	277	274	217	212	212
Shares Outstanding (Diluted)	277	274	217	212	212
Shares Change (YoY)	1.08%	26.04%	2.37%	-0.02%	0.03%
EPS (Basic)	-0.79	-0.70	-2.39	-2.17	0.07
EPS (Diluted)	-0.79	-0.70	-2.39	-2.17	0.07
Free Cash Flow	29.23	-184.65	-154.92	-1.95	49.47
Free Cash Flow Per Share	0.11	-0.68	-0.71	-0.01	0.23
Gross Margin	6.79%	3.59%	3.60%	4.37%	13.29%
Operating Margin	-3.37%	-6.85%	-9.18%	-6.70%	1.92%
Profit Margin	-10.55%	-9.03%	-17.14%	-11.62%	0.42%
Free Cash Flow Margin	1.41%	-8.70%	-5.12%	-0.05%	1.49%
EBITDA	-17.71	-91.55	-224.45	-207.67	121.32
EBITDA Margin	-0.85%	-4.31%	-7.41%	-5.24%	3.64%
D&A For EBITDA	52.1	53.88	53.44	57.66	57.33
EBIT	-69.81	-145.43	-277.89	-265.33	64
EBIT Margin	-3.37%	-6.85%	-9.18%	-6.70%	1.92%
Revenue as Reported	-	2,123	3,029	3,962	3,331
Advertising Expenses	-	-	-	-	1.48

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