Hefei Department Store Group Co.,Ltd / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€852.02M +5.2%	€23.08M -27.8%	2.7% -0.012 pp	€103.50M -35.3%	12.1% -0.076 pp
2023	€809.93M +6.1%	€31.97M +54.4%	3.9% +0.012 pp	€159.92M +36.1%	19.7% +0.043 pp
2022	€763.16M -0.6%	€20.71M -30.7%	2.7% -0.012 pp	€117.54M -17.7%	15.4% -0.032 pp
2021	€767.51M +0.1%	€29.90M +30.4%	3.9% +0.0091 pp	€142.83M +180.7%	18.6% +0.12 pp
2020	€766.54M -42.0%	€22.92M -23.4%	3.0% +0.0072 pp	€50.88M +2,848.2%	6.6% +0.065 pp
2019	€1.32B +2.1%	€29.93M +10.1%	2.3% +0.0016 pp	€1.73M -98.6%	0.1% -0.095 pp
2018	€1.29B +2.8%	€27.19M +5.3%	2.1% +0.00050 pp	€124.98M +5.7%	9.7% +0.0026 pp
2017	€1.26B +6.7%	€25.81M -24.7%	2.1% -0.0085 pp	€118.23M -6.9%	9.4% -0.014 pp
2016	€1.18B -0.3%	€34.26M +7.8%	2.9% +0.0022 pp	€126.93M +36.7%	10.8% +0.029 pp
2015	€1.18B -2.1%	€31.77M -28.3%	2.7% -0.0098 pp	€92.88M -13.8%	7.9% -0.011 pp
2014	€1.21B +0.6%	€44.33M -16.4%	3.7% -0.0075 pp	€107.81M -5.3%	8.9% -0.0056 pp
2013	€1.20B +8.8%	€53.01M +7.0%	4.4% -0.00074 pp	€113.89M -4.1%	9.5% -0.013 pp
2012	€1.10B +6.5%	€49.52M -19.0%	4.5% -0.014 pp	€118.71M -8.6%	10.8% -0.018 pp
2011	€1.04B +21.1%	€61.11M +76.6%	5.9% +0.019 pp	€129.86M +10.3%	12.5% -0.012 pp
2010	€855.18M +20.0%	€34.60M +42.3%	4.0% +0.0063 pp	€117.78M +20.7%	13.8% +0.00077 pp
2009	€712.73M +16.7%	€24.32M +66.9%	3.4% +0.010 pp	€97.62M +4.1%	13.7% -0.017 pp
2008	€610.80M +27.1%	€14.57M +20.1%	2.4% -0.0014 pp	€93.80M +67.9%	15.4% +0.037 pp
2007	€480.42M +23.0%	€12.13M +89.7%	2.5% +0.0089 pp	€55.87M +43.7%	11.6% +0.017 pp
2006	€390.47M +29.1%	€6.39M +58.8%	1.6% +0.0031 pp	€38.87M +6.8%	10.0% -0.021 pp
2005	€302.43M +20.1%	€4.03M +8.5%	1.3% -0.0014 pp	€36.41M +55.4%	12.0% +0.027 pp
2004	€251.88M +46.5%	€3.71M +18.0%	1.5% -0.0036 pp	€23.43M -22.8%	9.3% -0.084 pp
2003	€171.95M +20.7%	€3.14M +2.2%	1.8% -0.0033 pp	€30.36M +45.9%	17.7% +0.030 pp
2002	€142.46M +17.2%	€3.08M -47.5%	2.2% -0.027 pp	€20.82M +20.8%	14.6% +0.0044 pp
2001	€121.52M +26.7%	€5.86M -2.9%	4.8% -0.015 pp	€17.23M +48.0%	14.2% +0.020 pp
2000	€95.92M +9.5%	€6.04M +17.2%	6.3% +0.0041 pp	€11.64M -1.3%	12.1% -0.013 pp
1999	€87.57M +16.8%	€5.15M +7.0%	5.9% -0.0054 pp	€11.80M -27.8%	13.5% -0.083 pp
1998	€74.95M	€4.81M	6.4%	€16.33M	21.8%