High Templar Tech 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
Operating Revenue	40.96	216.43	126.34	215.33	327.3
Other Revenue	-	-	-	308.72	1,259
Revenue	40.96	216.43	126.34	524.05	1,587
Revenue Growth (YoY)	-81.07%	71.31%	-75.89%	-66.97%	-56.12%
Cost of Revenue	38.05	198.17	155.16	168.61	87.1
Gross Profit	2.92	18.25	-28.82	355.44	1,500
Selling, General & Admin	299.57	282.43	277.39	559.07	570.65
Research & Development	45.73	58.46	47.76	58.28	141.26
Other Operating Expenses	-0.38	-0.3	-58.37	-90.7	-149.59
Operating Expenses	347.05	340.7	266.98	526.61	562.24
Operating Income	-344.13	-322.45	-295.8	-171.17	937.39
Interest & Investment Income	990.37	380.06	255.33	112.82	129.46
Earnings From Equity Investments	-18.94	-4.05	3.21	14	-221.8
Currency Exchange Gain (Loss)	-46.31	20.66	-2.93	0.25	-0.05
Other Non Operating Income (Expenses)	212.58	84.89	147.47	-60.58	-43.8
EBT Excluding Unusual Items	793.58	159.11	107.27	-104.69	801.2
Asset Writedown	-54.28	-1.57	-5.8	-268.93	-156.39
Other Unusual Items	-	-	-	103.99	201.6
Pretax Income	739.3	157.54	101.47	-269.62	846.41
Income Tax Expense	30.68	65.81	62.34	92.43	260.48
Earnings From Continuing Operations	708.63	91.73	39.13	-362.05	585.93
Minority Interest in Earnings	-	-	-	0.09	3.15
Net Income	708.63	91.73	39.13	-361.96	589.07
Net Income to Common	708.63	91.73	39.13	-361.96	589.07
Net Income Growth	672.50%	134.41%	-	-	-38.56%
Shares Outstanding (Basic)	162	183	217	246	253
Shares Outstanding (Diluted)	167	188	222	246	266
Shares Change (YoY)	-11.12%	-15.50%	-9.68%	-7.61%	-2.93%
EPS (Basic)	4.37	0.50	0.18	-1.47	2.32
EPS (Diluted)	4.25	0.50	0.18	-1.47	2.27
EPS Growth	750.00%	177.78%	-	-	-36.78%
Free Cash Flow	-	-429	-213.01	-12.76	443.63
Free Cash Flow Per Share	-	-2.29	-0.96	-0.05	1.67
Gross Margin	7.13%	8.43%	-22.81%	67.83%	94.51%
Operating Margin	-840.07%	-148.99%	-234.13%	-32.66%	59.08%
Profit Margin	1729.88%	42.38%	30.98%	-69.07%	37.13%
Free Cash Flow Margin	-	-198.22%	-168.60%	-2.43%	27.96%
EBITDA	-321.62	-299.94	-281.88	-163.23	959.01
EBITDA Margin	-	-138.59%	-223.12%	-31.15%	60.44%
D&A For EBITDA	22.51	22.51	13.92	7.95	21.62
EBIT	-344.13	-322.45	-295.8	-171.17	937.39
EBIT Margin	-	-148.99%	-234.13%	-32.66%	59.08%
Effective Tax Rate	4.15%	41.77%	61.43%	-	30.78%
Revenue as Reported	40.96	216.43	126.34	577.49	1,654
Advertising Expenses	-	0.05	0.95	207.91	19.05

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.