Dahon Tech (Shenzhen) Co., Ltd. (HKG:2543)

Dahon Tech (Shenzhen) Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	641.47	450.72	300.16	254.19
Revenue Growth (YoY)	42.32%	50.16%	18.08%	-
Cost of Revenue	427.22	301.97	198.66	176.26
Gross Profit	214.25	148.75	101.49	77.93
Selling, General & Admin	114.26	70.75	52.62	35.06
Research & Development	24.14	17.55	10.67	9.01
Operating Expenses	140.18	87.56	62.4	43.83
Operating Income	74.07	61.19	39.09	34.1
Interest Expense	-0.73	-0.87	-0.93	-1.3
Interest & Investment Income	-	1.16	0.28	0.38
Earnings From Equity Investments	-	-	-	-0.21
Currency Exchange Gain (Loss)	-	-0.57	0.29	2.49
Other Non Operating Income (Expenses)	-0.39	-0.43	0.04	0.5
EBT Excluding Unusual Items	72.96	60.48	38.77	35.96
Other Unusual Items	-	1.26	1.56	0.56
Pretax Income	72.96	61.74	40.33	36.52
Income Tax Expense	11.84	9.45	5.48	5.08
Earnings From Continuing Operations	61.12	52.3	34.85	31.43
Minority Interest in Earnings	2.39	-	-	-
Net Income	63.51	52.3	34.85	31.43
Net Income to Common	63.51	52.3	34.85	31.43
Net Income Growth	21.43%	50.07%	10.87%	-
Shares Outstanding (Basic)	24	21	21	21
Shares Outstanding (Diluted)	26	22	22	21
Shares Change (YoY)	15.68%	2.19%	3.76%	-
EPS (Basic)	2.67	2.49	1.66	1.49
EPS (Diluted)	2.46	2.34	1.60	1.49
EPS Growth	5.13%	46.25%	7.38%	-
Free Cash Flow	29.7	77.99	25.44	56.63
Free Cash Flow Per Share	1.15	3.49	1.17	2.69
Gross Margin	33.40%	33.00%	33.81%	30.66%
Operating Margin	11.55%	13.58%	13.02%	13.42%
Profit Margin	9.90%	11.60%	11.61%	12.37%
Free Cash Flow Margin	4.63%	17.30%	8.48%	22.28%
EBITDA	78.66	64.48	41.96	35.09
EBITDA Margin	12.26%	14.31%	13.98%	13.81%
D&A For EBITDA	4.59	3.29	2.87	0.99
EBIT	74.07	61.19	39.09	34.1
EBIT Margin	11.55%	13.58%	13.02%	13.42%
Effective Tax Rate	16.22%	15.30%	13.59%	13.92%
Advertising Expenses	-	21.37	12.14	3.97

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