Zhejiang Laifual Drive Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	324.1	260.87	107.71	94.55
Revenue Growth	-	142.19%	13.93%	-
Cost of Revenue	234.05	194	81.79	66.69
Gross Profit	90.06	66.86	25.93	27.86
Selling, General & Admin	78.27	39.14	22.49	24.5
Research & Development	61.07	49.23	33.27	31.69
Other Operating Expenses	-9.24	-8.24	-7.31	-4.26
Operating Expenses	136.43	87.93	49.72	53.24
Operating Income	-46.37	-21.07	-23.79	-25.38
Interest Expense	-4.86	-2.05	-0.79	-0.86
Interest & Investment Income	1.27	1.46	3.25	3.98
Currency Exchange Gain (Loss)	-0.63	0.21	-0.2	-0.24
Other Non Operating Income (Expenses)	-104.34	-145.43	-145.46	-145.67
EBT Excluding Unusual Items	-154.93	-166.89	-167	-168.17
Gain (Loss) on Sale of Investments	0.66	0.5	-	2.16
Gain (Loss) on Sale of Assets	-4.48	-4.22	-1.78	-2.78
Pretax Income	-158.75	-170.61	-168.78	-168.79
Net Income	-158.75	-170.61	-168.78	-168.79
Preferred Dividends & Other Adjustments	-107.72	-117.01	-116.26	-116.27
Net Income to Common	-51.03	-53.6	-52.51	-52.51
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	29	27	27	27
Shares Outstanding (Diluted)	29	27	27	27
Shares Change	-	0.51%	-	-
EPS (Basic)	-1.78	-1.95	-1.92	-1.92
EPS (Diluted)	-1.78	-1.95	-1.92	-1.92
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-	-181.14	-81.87	-97.3
Free Cash Flow Per Share	-	-6.59	-2.99	-3.56
Gross Margin	27.79%	25.63%	24.07%	29.46%
Operating Margin	-14.31%	-8.08%	-22.09%	-26.85%
Profit Margin	-15.74%	-20.55%	-48.75%	-55.54%
Free Cash Flow Margin	-	-69.44%	-76.00%	-102.92%
EBITDA	-26	-1.89	-6.98	-10.49
EBITDA Margin	-8.02%	-0.73%	-6.48%	-11.10%
D&A For EBITDA	20.37	19.18	16.81	14.89
EBIT	-46.37	-21.07	-23.79	-25.38
EBIT Margin	-14.31%	-8.08%	-22.09%	-26.85%