Xuhang Holdings Limited (SUNH)

Xuhang Holdings Income Statement

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

Year	2021	2020
Revenue	471.45	350.9
Revenue Growth (YoY)	34.35%	-
Cost of Revenue	329.89	243.55
Gross Profit	141.56	107.36
Selling, General & Admin	66.81	39.72
Research & Development	2.93	7.45
Other Operating Expenses	-5.07	0.32
Operating Expenses	64.66	47.49
Operating Income	76.89	59.87
Interest Expense / Income	7.3	11.43
Other Expense / Income	-7.77	-2.22
Pretax Income	85.42	50.87
Income Tax	8.12	5.94
Net Income	69.25	44.72
Net Income Common	77.3	44.93
Net Income Growth	72.07%	-
Free Cash Flow	17.48	-10.59
Gross Margin	30.03%	30.59%
Operating Margin	16.31%	17.06%
Profit Margin	16.40%	12.80%
Free Cash Flow Margin	3.71%	-3.02%
Effective Tax Rate	9.50%	11.68%
EBITDA	87.01	65.09
EBITDA Margin	18.46%	18.55%
Depreciation & Amortization	2.35	2.99
EBIT	84.66	62.1
EBIT Margin	17.96%	17.70%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).