Smart Logistics Global Limited (SLGB) Income Statement
SLGB 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanSLGB revenue and net income
Where SLGB's revenue goes
2025Each bar shows an amount and its share of revenue. SLGB kept −2.9% of revenue as net income.
SLGB profit margins
SLGB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −7.2% | −9.7% | +480.7% | — |
| Gross profit | +6.8% | −22.0% | +214.7% | — |
| Operating income | −224.2% | — | — | — |
| Net income | −310.5% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SLGB income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Revenue | CN¥87.4M | CN¥94.2M | CN¥99.7M | CN¥118.6M | CN¥10.8M | CN¥13,240 | CN¥14,700 |
| Cost of revenue | CN¥83.3M | CN¥90.4M | CN¥95.8M | CN¥110.0M | CN¥7.7M | CN¥0 | CN¥0 |
| Gross profit | CN¥4.1M | CN¥3.8M | CN¥4.0M | CN¥8.6M | CN¥3.1M | CN¥13,240 | CN¥14,700 |
| Research & development | — | — | — | — | CN¥339,385 | — | — |
| Sales, general & admin | CN¥43.5M | CN¥16.1M | CN¥17.2M | CN¥13.2M | CN¥6.5M | CN¥4,000 | — |
| Total operating expenses | CN¥6.1M | CN¥2.2M | CN¥2.4M | CN¥2.0M | CN¥6.9M | CN¥21,020 | CN¥10,908 |
| Operating income | −CN¥2.0M | CN¥1.6M | CN¥1.5M | CN¥6.6M | −CN¥3.7M | −CN¥7,780 | CN¥3,792 |
| Interest income | — | CN¥1.6M | CN¥4.4M | CN¥2.5M | CN¥609,762 | — | — |
| Interest expense | CN¥166,849 | CN¥161,028 | CN¥111,508 | CN¥31,031 | CN¥608,668 | — | — |
| Income before taxes | −CN¥2.1M | CN¥1.8M | CN¥2.2M | CN¥7.2M | −CN¥18.6M | −CN¥7,780 | CN¥3,792 |
| Income taxes | CN¥383,780 | CN¥623,691 | CN¥838,379 | CN¥1.9M | — | — | — |
| Net income | −CN¥2.5M | CN¥1.2M | CN¥1.3M | CN¥5.3M | −CN¥18.6M | −CN¥7,780 | CN¥3,792 |
| EBITDA | −CN¥1.7M | CN¥1.9M | CN¥2.0M | CN¥7.3M | −CN¥19.2M | −CN¥5,314 | CN¥4,042 |
| Gross margin | 4.7% | 4.1% | 4.0% | 7.3% | 28.9% | 100.0% | 100.0% |
| Operating margin | −2.3% | 1.7% | 1.5% | 5.6% | −34.5% | −58.8% | 25.8% |
| Net margin | −2.9% | 1.3% | 1.3% | 4.5% | −172.1% | −58.8% | 25.8% |
| Mar '26 | Jun '25 | Sep '21 | Jun '21 | Dec '20 | Sep '20 | Jun '20 | Jun '18 | Dec '17 | Sep '17 | Jun '17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥41.5M | CN¥45.9M | CN¥5.4M | CN¥2.5M | CN¥4.1M | CN¥2.6M | CN¥564,985 | CN¥0 | CN¥0 | CN¥5,300 | CN¥7,940 |
| Cost of revenue | CN¥39.9M | CN¥43.4M | CN¥3.3M | CN¥1.8M | CN¥3.2M | CN¥1.6M | CN¥936,900 | — | — | CN¥0 | CN¥0 |
| Gross profit | CN¥1.6M | CN¥2.4M | CN¥2.1M | CN¥785,222 | CN¥878,155 | CN¥1.0M | −CN¥371,915 | — | — | CN¥5,300 | CN¥7,940 |
| Research & development | — | — | CN¥103,318 | CN¥174,048 | CN¥137,156 | CN¥15,439 | CN¥28,110 | — | — | — | — |
| Sales, general & admin | — | — | CN¥37.1M | CN¥3.1M | CN¥1.1M | CN¥711,491 | CN¥693,442 | — | — | — | CN¥4,000 |
| Total operating expenses | CN¥4.9M | CN¥1.2M | CN¥37.2M | CN¥3.3M | CN¥1.9M | CN¥1.2M | CN¥1.1M | CN¥3,747 | CN¥2,461 | CN¥4,402 | CN¥10,410 |
| Operating income | −CN¥3.2M | CN¥1.2M | −CN¥38.8M | −CN¥2.5M | −CN¥996,472 | −CN¥203 | −CN¥1.5M | −CN¥3,747 | −CN¥2,461 | CN¥898 | −CN¥2,470 |
| Interest expense | CN¥86,208 | CN¥80,668 | CN¥22,495 | CN¥56,233 | CN¥137 | CN¥144,085 | CN¥73,210 | — | — | — | — |
| Income before taxes | −CN¥3.3M | CN¥1.1M | −CN¥38.8M | −CN¥3.4M | −CN¥1.3M | −CN¥2,524 | −CN¥1.4M | −CN¥3,679 | −CN¥2,461 | CN¥830 | −CN¥2,470 |
| Income taxes | CN¥61,422 | CN¥319,956 | CN¥22,495 | — | — | — | — | CN¥34 | — | −CN¥34 | — |
| Net income | −CN¥3.4M | CN¥803,544 | −CN¥38.8M | −CN¥3.4M | −CN¥1.3M | −CN¥2,524 | −CN¥1.4M | −CN¥3,713 | −CN¥2,461 | CN¥864 | −CN¥2,470 |
| EBITDA | −CN¥3.1M | CN¥1.4M | −CN¥38.7M | −CN¥3.5M | −CN¥1.3M | CN¥139,641 | −CN¥1.1M | −CN¥3,029 | −CN¥1,677 | CN¥1,346 | −CN¥1,954 |
| Gross margin | 3.9% | 5.3% | 38.6% | 30.9% | 21.3% | 39.7% | −65.8% | — | — | 100.0% | 100.0% |
| Operating margin | −7.8% | 2.6% | −718.5% | −98.2% | −24.2% | −0.0% | −258.6% | — | — | 16.9% | −31.1% |
| Net margin | −8.1% | 1.8% | −719.3% | −135.4% | −31.3% | −0.1% | −243.2% | — | — | 16.3% | −31.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in SLGB's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SLGB financial results
In fiscal year 2025 (ended December 31, 2025), Smart Logistics Global reported revenue of CN¥87.4 million, down 7.2% from the year before. It had a net loss of CN¥2.5 million, a net profit margin of −2.9%. Over five years revenue grew at an average rate of 480.7% a year. Figures are in Chinese yuan, the currency of its financial statements.
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SLGB income statement FAQ
What is Smart Logistics Global's annual revenue?
Smart Logistics Global reported total revenue of CN¥87.4 million for fiscal year 2025, which ended on December 31, 2025. That was down 7.2% from CN¥94.2 million the previous year.
Is Smart Logistics Global profitable?
No. Smart Logistics Global reported a net loss of CN¥2.5 million in fiscal 2025, a net profit margin of −2.9%; its operating margin was −2.3%.
What is Smart Logistics Global's gross margin?
Smart Logistics Global's gross margin was 4.7% in fiscal 2025: for every $100 of revenue, Smart Logistics Global kept $5 after the direct cost of its products and services.
How fast is Smart Logistics Global growing?
Revenue grew 480.7% a year on average over the last five fiscal years, from CN¥0.0 million to CN¥87.4 million.
When does Smart Logistics Global's fiscal year end?
Smart Logistics Global's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.