Dongyue Group 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,355	14,181	14,493	20,028	15,844
Revenue Growth (YoY)	1.23%	-2.15%	-27.63%	26.41%	57.74%
Cost of Revenue	9,933	11,024	12,010	13,514	10,626
Gross Profit	4,423	3,158	2,483	6,514	5,218
Selling, General & Admin	1,371	1,172	1,150	1,493	1,250
Research & Development	784.42	707.13	935.1	1,311	838.89
Operating Expenses	2,156	1,879	2,085	2,803	2,089
Operating Income	2,267	1,278	397.79	3,711	3,129
Interest Expense	-1.4	-1.36	-1.66	-15.3	-81.61
Interest & Investment Income	-	25.91	89.51	89.39	101.3
Earnings From Equity Investments	9.87	-28.07	34.97	25.4	20.29
Currency Exchange Gain (Loss)	-	37.35	-0.35	75.98	-24.35
Other Non Operating Income (Expenses)	289.99	162.98	180	63.64	105.08
EBT Excluding Unusual Items	2,565	1,475	700.26	3,950	3,250
Gain (Loss) on Sale of Investments	3	139.05	-	-37.67	21.87
Gain (Loss) on Sale of Assets	8.44	-100.22	-	1,212	-27.38
Asset Writedown	-	-90.98	-47.08	-	-
Pretax Income	2,577	1,423	653.17	5,125	3,244
Income Tax Expense	393.24	435.55	42.09	948.94	562.66
Earnings From Continuing Operations	2,184	987.5	611.09	4,176	2,682
Minority Interest in Earnings	-541.78	-176.69	96.71	-320.58	-606.7
Net Income	1,642	810.8	707.79	3,856	2,075
Net Income to Common	1,642	810.8	707.79	3,856	2,075
Net Income Growth	102.49%	14.55%	-81.64%	85.82%	168.70%
Shares Outstanding (Basic)	1,675	1,746	2,197	2,234	2,120
Shares Outstanding (Diluted)	1,675	1,746	2,197	2,234	2,121
Shares Change (YoY)	-4.08%	-20.52%	-1.65%	5.36%	2.94%
EPS (Basic)	0.98	0.46	0.32	1.73	0.98
EPS (Diluted)	0.98	0.46	0.32	1.73	0.98
EPS Growth	111.09%	44.14%	-81.33%	76.31%	161.12%
Free Cash Flow	-	278.14	-635.33	1,237	-43.38
Free Cash Flow Per Share	-	0.16	-0.29	0.55	-0.02
Dividend Per Share	-	0.094	0.091	0.531	0.277
Dividend Growth	-	3.52%	-82.90%	91.61%	134.97%
Gross Margin	30.81%	22.27%	17.13%	32.53%	32.93%
Operating Margin	15.79%	9.01%	2.74%	18.53%	19.75%
Profit Margin	11.44%	5.72%	4.88%	19.25%	13.10%
Free Cash Flow Margin	-	1.96%	-4.38%	6.18%	-0.27%
EBITDA	3,428	2,440	1,584	4,616	3,808
EBITDA Margin	23.88%	17.20%	10.93%	23.05%	24.04%
D&A For EBITDA	1,161	1,161	1,186	904.31	679.48
EBIT	2,267	1,278	397.79	3,711	3,129
EBIT Margin	15.79%	9.01%	2.74%	18.53%	19.75%
Effective Tax Rate	15.26%	30.61%	6.44%	18.52%	17.34%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.