Ningbo Techmation 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	829	813.02	690.18	710.08	934.97
Other Revenue	-	30.16	31.24	22.88	-
Revenue	829	843.18	721.42	732.96	934.97
Revenue Growth (YoY)	-1.68%	16.88%	-1.57%	-21.61%	24.72%
Cost of Revenue	532.48	545.2	464.31	495.9	626.24
Gross Profit	296.52	297.98	257.11	237.05	308.74
Selling, General & Admin	169.48	153.87	139.47	134.81	134.55
Research & Development	67.29	64.97	69.04	64.49	67.2
Other Operating Expenses	-13.54	-6.53	-8.45	-7.7	-15.31
Operating Expenses	223.23	215.29	204.03	193.86	184.55
Operating Income	73.29	82.69	53.08	43.19	124.19
Interest Expense	-	-12.82	-11.31	-13.95	-9.82
Interest & Investment Income	10.99	17.81	13.75	8.35	11.68
Currency Exchange Gain (Loss)	-	4.4	3.68	11.95	-1.02
Other Non Operating Income (Expenses)	-15.14	-1.22	-0.6	-0.95	-1.91
EBT Excluding Unusual Items	69.14	90.86	58.6	48.59	123.12
Impairment of Goodwill	-	-	-	-	-15.72
Gain (Loss) on Sale of Investments	4.45	-9.5	-0.5	9.37	-0.82
Gain (Loss) on Sale of Assets	-0.01	-0.08	0.29	0.6	-0.05
Asset Writedown	-29.64	0.01	-	-	0
Other Unusual Items	-	-6.56	10.81	0.58	-0.88
Pretax Income	43.94	74.74	69.19	59.13	105.65
Income Tax Expense	7.4	14.21	5.62	10.06	20.98
Earnings From Continuing Operations	36.54	60.53	63.57	49.07	84.67
Minority Interest in Earnings	6.39	3.29	0.39	-1.36	4.16
Net Income	42.93	63.82	63.97	47.72	88.83
Net Income to Common	42.93	63.82	63.97	47.72	88.83
Net Income Growth	-32.73%	-0.24%	34.06%	-46.28%	43.47%
Shares Outstanding (Basic)	390	399	400	398	404
Shares Outstanding (Diluted)	390	399	400	398	404
Shares Change (YoY)	-2.15%	-0.24%	0.55%	-1.52%	-2.18%
EPS (Basic)	0.11	0.16	0.16	0.12	0.22
EPS (Diluted)	0.11	0.16	0.16	0.12	0.22
EPS Growth	-31.25%	-	33.33%	-45.45%	46.67%
Free Cash Flow	43.83	79.91	120.45	4.88	-76.29
Free Cash Flow Per Share	0.11	0.20	0.30	0.01	-0.19
Dividend Per Share	-	0.050	0.150	0.050	0.100
Dividend Growth	-	-66.67%	200.00%	-50.00%	-
Gross Margin	35.77%	35.34%	35.64%	32.34%	33.02%
Operating Margin	8.84%	9.81%	7.36%	5.89%	13.28%
Profit Margin	5.18%	7.57%	8.87%	6.51%	9.50%
Free Cash Flow Margin	5.29%	9.48%	16.70%	0.67%	-8.16%
EBITDA	106.45	113.59	85.58	75.07	148.27
EBITDA Margin	12.84%	13.47%	11.86%	10.24%	15.86%
D&A For EBITDA	33.16	30.9	32.5	31.87	24.09
EBIT	73.29	82.69	53.08	43.19	124.19
EBIT Margin	8.84%	9.81%	7.36%	5.89%	13.28%
Effective Tax Rate	16.85%	19.01%	8.12%	17.01%	19.86%
Revenue as Reported	-	843.18	721.42	732.96	934.97

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