Ningbo Heli Technology 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	Jun '26 Jun 30, 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	704.54	735.48	566.13	658.8	674.57	696.26
Other Revenue	20.37	18.69	19.64	13.35	10.82	7.79
Revenue	724.91	754.17	585.76	672.15	685.39	704.06
Revenue Growth	15.33%	28.75%	-12.85%	-1.93%	-2.65%	-1.85%
Cost of Revenue	626.86	658.93	526.7	548.34	537.13	541.47
Gross Profit	98.05	95.24	59.07	123.81	148.26	162.59
Selling, General & Admin	59.18	55.51	54.34	53.78	60.43	63.67
Research & Development	26.17	27.06	30.55	33.54	32.84	33.13
Other Operating Expenses	12.32	5.95	2.28	3.1	6.19	5.81
Operating Expenses	96.11	91.45	92.32	94.54	99.5	102.72
Operating Income	1.94	3.79	-33.25	29.27	48.75	59.87
Interest Expense	-0.75	-0.54	-0.21	-0.82	-1.76	-2.3
Interest & Investment Income	5.7	5.79	5.65	2.61	1.11	2.17
Currency Exchange Gain (Loss)	-17.89	4.32	-1.26	4.8	3.93	-6.18
Other Non Operating Income (Expenses)	-0.38	-0.04	0	-0.19	-0.21	0.06
EBT Excluding Unusual Items	-11.39	13.32	-29.06	35.67	51.82	53.62
Gain (Loss) on Sale of Investments	9.17	5.19	4.74	-2.14	-2.22	1.56
Gain (Loss) on Sale of Assets	0.3	0.49	-0.23	0.04	0.15	-0.64
Asset Writedown	-0.12	-0.12	-3.78	-0.92	-	-0
Other Unusual Items	19.47	13.25	12.51	16.91	14.59	16.98
Pretax Income	17.44	32.13	-15.81	49.54	64.34	71.51
Income Tax Expense	2.66	3.55	-4.57	5.87	5.4	6.61
Earnings From Continuing Operations	14.78	28.58	-11.24	43.67	58.93	64.9
Minority Interest in Earnings	1.03	0.14	-	-	-	-
Net Income	15.82	28.72	-11.24	43.67	58.93	64.9
Net Income to Common	15.82	28.72	-11.24	43.67	58.93	64.9
Net Income Growth	-	-	-	-25.90%	-9.20%	-22.98%
Shares Outstanding (Basic)	204	204	192	157	157	157
Shares Outstanding (Diluted)	204	204	192	157	157	157
Shares Change	-0.12%	6.09%	22.53%	0.02%	-0.02%	-0.00%
EPS (Basic)	0.08	0.14	-0.06	0.28	0.38	0.41
EPS (Diluted)	0.08	0.14	-0.06	0.28	0.38	0.41
EPS Growth	-	-	-	-25.91%	-9.18%	-22.98%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	51.5	-43.07	-100.46	15.05	124.51	78.95
Free Cash Flow Per Share	0.25	-0.21	-0.52	0.10	0.79	0.50
Dividend Per Share	0.150	0.150	0.150	0.200	0.130	0.130
Dividend Growth	0%	0%	-25.00%	53.85%	0%	-35.00%
Gross Margin	13.53%	12.63%	10.08%	18.42%	21.63%	23.09%
Operating Margin	0.27%	0.50%	-5.68%	4.35%	7.11%	8.50%
Profit Margin	2.18%	3.81%	-1.92%	6.50%	8.60%	9.22%
Free Cash Flow Margin	7.11%	-5.71%	-17.15%	2.24%	18.17%	11.21%
EBITDA	66.97	67.98	28.59	88.97	112.98	123.45
EBITDA Margin	9.24%	9.01%	4.88%	13.24%	16.48%	17.53%
D&A For EBITDA	65.03	64.19	61.84	59.7	64.23	63.58
EBIT	1.94	3.79	-33.25	29.27	48.75	59.87
EBIT Margin	0.27%	0.50%	-5.68%	4.35%	7.11%	8.50%
Effective Tax Rate	15.26%	11.05%	-	11.86%	8.40%	9.24%
Revenue as Reported	724.91	754.17	585.76	672.15	685.39	704.06
Advertising Expenses	-	0.43	0.31	0.58	0.14	0.28