WuXi XDC Cayman 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	5,944	4,052	2,124	990.42	311.13
Revenue Growth (YoY)	46.69%	90.80%	114.44%	218.33%	222.91%
Cost of Revenue	3,805	2,812	1,564	729.34	197.64
Gross Profit	2,139	1,240	559.56	261.08	113.49
Selling, General & Admin	334.57	220.32	139.19	57.98	29.89
Research & Development	147.21	99.96	76.87	33.84	13.82
Operating Expenses	518.63	327.13	194.06	135.19	54.26
Operating Income	1,621	912.72	365.5	125.89	59.24
Interest Expense	-16.97	-3.21	-0.74	-2.92	-0.49
Interest & Investment Income	183.82	185.19	47.36	4.61	0.03
Currency Exchange Gain (Loss)	-117.63	74.87	-49.72	46.28	-0.99
Other Non Operating Income (Expenses)	62.03	45.99	45.25	21.93	9.07
EBT Excluding Unusual Items	1,732	1,216	407.65	195.8	66.85
Gain (Loss) on Sale of Investments	29.94	4.24	5.54	-	-
Gain (Loss) on Sale of Assets	-25.27	-	-	-	-
Other Unusual Items	-	-	-53.58	-	-
Pretax Income	1,737	1,220	359.61	195.8	66.85
Income Tax Expense	256.13	150.17	76.07	40.07	11.92
Net Income	1,480	1,070	283.54	155.73	54.93
Net Income to Common	1,480	1,070	283.54	155.73	54.93
Net Income Growth	38.41%	277.24%	82.07%	183.51%	108.87%
Shares Outstanding (Basic)	1,216	1,198	1,023	882	600
Shares Outstanding (Diluted)	1,326	1,288	1,078	882	600
Shares Change (YoY)	2.92%	19.50%	22.27%	46.94%	-
EPS (Basic)	1.22	0.89	0.28	0.18	0.09
EPS (Diluted)	1.12	0.83	0.26	0.18	0.09
EPS Growth	34.94%	219.23%	47.20%	96.26%	125.00%
Free Cash Flow	-	-787.95	-196.52	50.43	8.38
Free Cash Flow Per Share	-	-0.61	-0.18	0.06	0.01
Gross Margin	35.99%	30.60%	26.35%	26.36%	36.48%
Operating Margin	27.27%	22.52%	17.21%	12.71%	19.04%
Profit Margin	24.91%	26.40%	13.35%	15.72%	17.66%
Free Cash Flow Margin	-	-19.44%	-9.25%	5.09%	2.69%
EBITDA	1,730	1,022	420.28	151.75	77.37
EBITDA Margin	29.11%	25.23%	19.79%	15.32%	24.87%
D&A For EBITDA	109.6	109.6	54.78	25.85	18.14
EBIT	1,621	912.72	365.5	125.89	59.24
EBIT Margin	27.27%	22.52%	17.21%	12.71%	19.04%
Effective Tax Rate	14.75%	12.31%	21.15%	20.46%	17.84%

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