Neutech Group 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	2,039	2,070	1,806	1,548	1,363
Revenue Growth (YoY)	-1.49%	14.61%	16.64%	13.59%	23.92%
Cost of Revenue	1,136	1,075	941	881.64	771.7
Gross Profit	902.86	994.89	865.08	666.74	591.43
Selling, General & Admin	239.58	262.23	260.26	187.14	183.08
Research & Development	26.14	38.34	39.99	41.51	46.11
Other Operating Expenses	-35.84	-53.33	-99.28	-154.15	-82.03
Operating Expenses	228.09	258.84	200.96	74.5	147.16
Operating Income	674.77	736.04	664.11	592.24	444.28
Interest Expense	-123.42	-110.19	-104.07	-100.22	-68.03
Interest & Investment Income	10.46	15.11	16.67	11.9	9.49
Earnings From Equity Investments	-2.17	-	-	-	-
Currency Exchange Gain (Loss)	-0.23	1.23	0.93	8.59	-8.47
Other Non Operating Income (Expenses)	5.12	-4.38	-0.42	-0.52	-0.34
EBT Excluding Unusual Items	564.54	637.81	577.22	511.98	376.93
Impairment of Goodwill	-8.82	-	-	-	-
Gain (Loss) on Sale of Investments	-1.99	3.05	3.15	5.63	3.82
Gain (Loss) on Sale of Assets	-2.65	-2.97	-2.59	-0.08	-1.92
Other Unusual Items	0.38	0.32	-	-	-
Pretax Income	551.46	638.2	577.78	517.54	378.83
Income Tax Expense	148.4	170.88	148.14	132.12	77.61
Earnings From Continuing Operations	403.06	467.32	429.64	385.42	301.22
Minority Interest in Earnings	1.74	-1.7	-0.1	-0.02	-17
Net Income	404.8	465.62	429.54	385.39	284.22
Net Income to Common	404.8	465.62	429.54	385.39	284.22
Net Income Growth	-13.06%	8.40%	11.46%	35.60%	282.81%
Shares Outstanding (Basic)	646	646	646	659	667
Shares Outstanding (Diluted)	646	646	646	668	686
Shares Change (YoY)	0.00%	-	-3.20%	-2.68%	25.43%
EPS (Basic)	0.63	0.72	0.66	0.59	0.43
EPS (Diluted)	0.63	0.72	0.66	0.58	0.41
EPS Growth	-13.06%	8.40%	14.61%	41.46%	199.56%
Free Cash Flow	444.11	457.97	192.32	245.77	-346.59
Free Cash Flow Per Share	0.69	0.71	0.30	0.37	-0.51
Dividend Per Share	0.252	0.365	0.332	0.146	0.115
Dividend Growth	-30.99%	9.75%	127.62%	27.06%	405.25%
Gross Margin	44.28%	48.06%	47.90%	43.06%	43.39%
Operating Margin	33.09%	35.56%	36.77%	38.25%	32.59%
Profit Margin	19.85%	22.49%	23.78%	24.89%	20.85%
Free Cash Flow Margin	21.78%	22.12%	10.65%	15.87%	-25.43%
EBITDA	884.31	921.51	825	735.25	561.56
EBITDA Margin	43.37%	44.52%	45.68%	47.48%	41.20%
D&A For EBITDA	209.54	185.47	160.88	143.01	117.28
EBIT	674.77	736.04	664.11	592.24	444.28
EBIT Margin	33.09%	35.56%	36.77%	38.25%	32.59%
Effective Tax Rate	26.91%	26.77%	25.64%	25.53%	20.49%

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