Fujian Longking 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	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	12,020	11,611	9,761	10,803	11,683	11,060
Other Revenue	261.27	261.27	258.85	169.06	197.14	236.47
Revenue	12,281	11,872	10,019	10,973	11,880	11,297
Revenue Growth (YoY)	26.51%	18.49%	-8.69%	-7.64%	5.16%	10.96%
Cost of Revenue	9,214	8,914	7,627	8,410	9,135	8,696
Gross Profit	3,067	2,959	2,393	2,562	2,745	2,601
Selling, General & Admin	993.39	973.34	896.64	986.68	914.02	876.06
Research & Development	460.29	464.11	447.11	476.08	528.52	494.3
Other Operating Expenses	4.75	3.86	-43.62	19.15	77.2	80.2
Operating Expenses	1,568	1,559	1,323	1,576	1,682	1,587
Operating Income	1,500	1,399	1,070	986.09	1,063	1,014
Interest Expense	-99.23	-103.34	-142.39	-199.46	-228.32	-193.94
Interest & Investment Income	110.27	111.82	100.75	107.3	88.38	68.97
Currency Exchange Gain (Loss)	-25.95	-25.95	-0.05	10.05	34.07	-5
Other Non Operating Income (Expenses)	-27.55	-1.24	0.52	83.54	-96.45	-42.11
EBT Excluding Unusual Items	1,457	1,381	1,029	987.52	860.92	841.48
Impairment of Goodwill	-27.33	-27.33	-38.97	-360.94	-34.03	-
Gain (Loss) on Sale of Investments	-	-	-	-2.44	2.44	-
Gain (Loss) on Sale of Assets	0.34	0.36	12.29	8.16	2.54	24.65
Asset Writedown	-131.02	-124.05	-41.75	-11.78	5.57	-3.97
Legal Settlements	-3	-3	-9.54	-28.53	-	-
Other Unusual Items	26.92	26.92	25.11	59.79	100.62	114.53
Pretax Income	1,323	1,254	975.8	651.79	938.05	976.7
Income Tax Expense	154.51	145.6	153.01	146.36	128.82	105.45
Earnings From Continuing Operations	1,169	1,108	822.79	505.43	809.23	871.25
Net Income to Company	1,169	1,108	822.79	505.43	809.23	871.25
Minority Interest in Earnings	2.72	4.28	7.61	3.54	-4.6	-10.9
Net Income	1,171	1,112	830.4	508.97	804.63	860.35
Net Income to Common	1,171	1,112	830.4	508.97	804.63	860.35
Net Income Growth	43.44%	33.95%	63.15%	-36.74%	-6.48%	22.42%
Shares Outstanding (Basic)	1,277	1,264	1,078	1,083	1,073	1,075
Shares Outstanding (Diluted)	1,277	1,264	1,078	1,131	1,183	1,179
Shares Change (YoY)	14.95%	17.20%	-4.65%	-4.41%	0.40%	2.30%
EPS (Basic)	0.92	0.88	0.77	0.47	0.75	0.80
EPS (Diluted)	0.92	0.88	0.77	0.45	0.68	0.73
EPS Growth	24.79%	14.29%	71.11%	-33.82%	-6.85%	19.67%
Free Cash Flow	6.8	474.57	-43.13	-598.11	189.29	-254.07
Free Cash Flow Per Share	0.01	0.38	-0.04	-0.53	0.16	-0.22
Dividend Per Share	0.380	0.380	0.280	0.200	0.430	-
Dividend Growth	35.71%	35.71%	40.00%	-53.49%	-	-
Gross Margin	24.98%	24.92%	23.88%	23.35%	23.11%	23.02%
Operating Margin	12.21%	11.79%	10.68%	8.99%	8.95%	8.97%
Profit Margin	9.54%	9.37%	8.29%	4.64%	6.77%	7.62%
Free Cash Flow Margin	0.06%	4.00%	-0.43%	-5.45%	1.59%	-2.25%
EBITDA	2,051	1,922	1,479	1,366	1,412	1,283
EBITDA Margin	16.70%	16.19%	14.76%	12.45%	11.88%	11.35%
D&A For EBITDA	551.19	522.8	409.27	379.51	348.74	268.98
EBIT	1,500	1,399	1,070	986.09	1,063	1,014
EBIT Margin	12.21%	11.79%	10.68%	8.99%	8.95%	8.97%
Effective Tax Rate	11.68%	11.61%	15.68%	22.45%	13.73%	10.80%
Revenue as Reported	12,281	11,872	10,019	10,973	11,880	11,297
Advertising Expenses	-	1.93	1.14	-	1.08	2.15

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