Maiyue Technology 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	402.81	274.72	259.09	243.26	201.74
Revenue Growth (YoY)	46.63%	6.04%	6.51%	20.58%	-2.57%
Cost of Revenue	335.13	206.15	173.65	138.62	102.2
Gross Profit	67.69	68.57	85.44	104.63	99.54
Selling, General & Admin	33.93	32.03	48.82	31.26	33.73
Research & Development	1.89	6.23	6.03	5.75	6.86
Other Operating Expenses	-10.69	-4.84	-2.45	-2.61	-4.29
Operating Expenses	45.24	58.13	51.14	40.78	36.3
Operating Income	22.45	10.45	34.3	63.85	63.24
Interest Expense	-15.99	-12.08	-10.48	-8.91	-0.06
Interest & Investment Income	2.13	0.96	1.78	0.06	0.05
Earnings From Equity Investments	-1.95	-1.33	0.29	-0.09	-0.16
Currency Exchange Gain (Loss)	-0.08	0.06	0.83	0.99	-0.16
Other Non Operating Income (Expenses)	-0.21	-	-	-	-7.9
EBT Excluding Unusual Items	6.35	-1.95	26.71	55.9	55.02
Gain (Loss) on Sale of Investments	-	-	-	-	-0.23
Gain (Loss) on Sale of Assets	0	0.14	0.67	0.29	-0.01
Other Unusual Items	-	0.05	-	-	-
Pretax Income	6.35	-1.76	27.39	56.2	54.78
Income Tax Expense	0.91	-1.87	4.74	7.14	8.5
Earnings From Continuing Operations	5.44	0.11	22.65	49.06	46.28
Minority Interest in Earnings	0.25	0.32	0.23	-0.28	-0.31
Net Income	5.7	0.43	22.88	48.77	45.98
Net Income to Common	5.7	0.43	22.88	48.77	45.98
Net Income Growth	1215.70%	-98.11%	-53.09%	6.08%	16.58%
Shares Outstanding (Basic)	500	500	403	375	375
Shares Outstanding (Diluted)	500	500	403	375	375
Shares Change (YoY)	-	24.04%	7.49%	-	-
EPS (Basic)	0.01	0.00	0.06	0.13	0.12
EPS (Diluted)	0.01	0.00	0.06	0.13	0.12
EPS Growth	1215.70%	-98.47%	-56.36%	6.08%	16.58%
Free Cash Flow	-	-21.9	-145.5	3.37	-4.2
Free Cash Flow Per Share	-	-0.04	-0.36	0.01	-0.01
Gross Margin	16.80%	24.96%	32.98%	43.01%	49.34%
Operating Margin	5.57%	3.80%	13.24%	26.25%	31.35%
Profit Margin	1.41%	0.16%	8.83%	20.05%	22.79%
Free Cash Flow Margin	-	-7.97%	-56.16%	1.38%	-2.08%
EBITDA	23.49	11.48	35.33	64.77	64.32
EBITDA Margin	5.83%	4.18%	13.64%	26.63%	31.88%
D&A For EBITDA	1.04	1.04	1.03	0.92	1.07
EBIT	22.45	10.45	34.3	63.85	63.24
EBIT Margin	5.57%	3.80%	13.24%	26.25%	31.35%
Effective Tax Rate	14.31%	-	17.30%	12.71%	15.51%
Advertising Expenses	-	-	-	-	0.41

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