Xinhua Lande Scitech 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
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
Revenue	228.23	185.04	98.09	135.02	206.05	237.63
Revenue Growth (YoY)	62.77%	88.65%	-27.35%	-34.47%	-13.29%	-16.66%
Cost of Revenue	202.43	164.15	86.55	119.24	165.44	197.05
Gross Profit	25.8	20.9	11.54	15.79	40.61	40.59
Selling, General & Admin	18.09	17.32	21.79	23.35	25.27	25.85
Research & Development	2.32	4.45	13.19	9.83	8.65	9.92
Other Operating Expenses	2.15	4.71	17.16	2.83	-1.03	-1.18
Operating Expenses	22.55	26.47	52.14	36.01	32.89	34.6
Operating Income	3.25	-5.57	-40.6	-20.23	7.72	5.99
Interest Expense	-0.78	-0.68	-0.35	-0.3	-0.07	-0.3
Interest & Investment Income	0.11	0.11	0.95	0.59	0.6	0.52
Earnings From Equity Investments	-	-	-	-	0.09	0.13
Currency Exchange Gain (Loss)	0.06	-0.01	-0.02	0.76	-0.7	-1.07
EBT Excluding Unusual Items	2.64	-6.15	-40.03	-19.18	7.64	5.26
Impairment of Goodwill	-	-	-1.86	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.37	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.21	-	-	0.42
Other Unusual Items	-	-	-	-	0.47	-0
Pretax Income	2.63	-6.16	-42.09	-19.18	8.47	5.68
Income Tax Expense	1.26	0.34	0.68	-0.17	0.93	-0.24
Earnings From Continuing Operations	1.37	-6.51	-42.77	-19.01	7.55	5.92
Earnings From Discontinued Operations	-	-	-	2.84	-6.88	-0.89
Net Income to Company	1.37	-6.51	-42.77	-16.17	0.67	5.03
Net Income	1.37	-6.51	-42.77	-16.17	0.67	5.03
Net Income to Common	1.37	-6.51	-42.77	-16.17	0.67	5.03
Net Income Growth	-	-	-	-	-86.77%	8.91%
Shares Outstanding (Basic)	507	507	507	507	507	507
Shares Outstanding (Diluted)	507	507	507	507	507	507
EPS (Basic)	0.00	-0.01	-0.08	-0.03	0.00	0.01
EPS (Diluted)	0.00	-0.01	-0.08	-0.03	0.00	0.01
EPS Growth	-	-	-	-	-86.77%	8.91%
Free Cash Flow	-22.47	-16.46	-27.94	-41.09	-5.7	14.08
Free Cash Flow Per Share	-0.04	-0.03	-0.06	-0.08	-0.01	0.03
Gross Margin	11.30%	11.29%	11.77%	11.69%	19.71%	17.08%
Operating Margin	1.42%	-3.01%	-41.39%	-14.98%	3.74%	2.52%
Profit Margin	0.60%	-3.52%	-43.61%	-11.97%	0.32%	2.11%
Free Cash Flow Margin	-9.84%	-8.89%	-28.48%	-30.43%	-2.77%	5.93%
EBITDA	3.86	-4.86	-39.66	-18.51	8.76	6.42
EBITDA Margin	1.69%	-2.63%	-40.43%	-13.71%	4.25%	2.70%
D&A For EBITDA	0.61	0.72	0.94	1.71	1.04	0.43
EBIT	3.25	-5.57	-40.6	-20.23	7.72	5.99
EBIT Margin	1.42%	-3.01%	-41.39%	-14.98%	3.74%	2.52%
Effective Tax Rate	48.04%	-	-	-	10.93%	-

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