Zhaoke Ophthalmology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	35.36	69.32	18.75	-	-	-	Upgrade
Revenue Growth (YoY)	-38.20%	269.73%	-	-	-	-	Upgrade
Cost of Revenue	17.93	17.53	4.5	-	-	-	Upgrade
Gross Profit	17.42	51.8	14.25	-	-	-	Upgrade
Selling, General & Admin	128.56	134.28	136.29	116.06	178.82	36.54	Upgrade
Research & Development	226.96	203.7	333.05	296.43	220.06	81.78	Upgrade
Other Operating Expenses	12.94	12.94	-1.26	-0.15	-0.01	-1.37	Upgrade
Operating Expenses	368.45	350.92	468.09	412.34	398.87	116.96	Upgrade
Operating Income	-351.03	-299.12	-453.84	-412.34	-398.87	-116.96	Upgrade
Interest Expense	-9.03	-9.5	-7.92	-3.14	-1.95	-1.66	Upgrade
Interest & Investment Income	75.23	75.23	77.4	30.42	5.04	2.58	Upgrade
Currency Exchange Gain (Loss)	-4.71	-4.71	-3.65	-29.73	13.41	-5.49	Upgrade
Other Non Operating Income (Expenses)	15.71	-	-	-	-1,763	-669.98	Upgrade
EBT Excluding Unusual Items	-273.83	-238.11	-388.01	-414.8	-2,146	-791.49	Upgrade
Asset Writedown	-10.81	-10.81	-	-	-	-	Upgrade
Other Unusual Items	6.32	11.42	3.52	7.48	16.09	64.51	Upgrade
Pretax Income	-278.31	-237.49	-384.49	-407.32	-2,130	-726.98	Upgrade
Income Tax Expense	-	-	0.55	-	-	-	Upgrade
Net Income	-278.31	-237.49	-385.04	-407.32	-2,130	-726.98	Upgrade
Net Income to Common	-278.31	-237.49	-385.04	-407.32	-2,130	-726.98	Upgrade
Shares Outstanding (Basic)	546	546	544	542	412	151	Upgrade
Shares Outstanding (Diluted)	546	546	544	542	412	151	Upgrade
Shares Change (YoY)	0.20%	0.41%	0.32%	31.47%	173.12%	-5.63%	Upgrade
EPS (Basic)	-0.51	-0.43	-0.71	-0.75	-5.16	-4.81	Upgrade
EPS (Diluted)	-0.51	-0.43	-0.71	-0.75	-5.16	-4.81	Upgrade
Free Cash Flow	-253	-263.82	-360.13	-409.7	-310.67	-169.79	Upgrade
Free Cash Flow Per Share	-0.46	-0.48	-0.66	-0.76	-0.75	-1.12	Upgrade
Gross Margin	49.28%	74.72%	75.98%	-	-	-	Upgrade
Operating Margin	-992.78%	-431.49%	-2420.47%	-	-	-	Upgrade
Profit Margin	-787.13%	-342.58%	-2053.54%	-	-	-	Upgrade
Free Cash Flow Margin	-715.53%	-380.56%	-1920.70%	-	-	-	Upgrade
EBITDA	-314.86	-263.22	-420.16	-384.55	-377.53	-100.7	Upgrade
D&A For EBITDA	36.17	35.91	33.68	27.78	21.34	16.25	Upgrade
EBIT	-351.03	-299.12	-453.84	-412.34	-398.87	-116.96	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.