Longyan Kaolin Clay 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	289.07	318.07	313.05	276.55	267.36
Other Revenue	-	3.32	1.89	1.51	1.58
Revenue	289.07	321.39	314.94	278.05	268.94
Revenue Growth (YoY)	-10.06%	2.05%	13.26%	3.39%	19.74%
Cost of Revenue	114	128.44	120.4	99.57	98.29
Gross Profit	175.07	192.95	194.54	178.48	170.66
Selling, General & Admin	42.06	44.92	49.83	50.73	51.74
Research & Development	7.51	10.09	11.78	11.4	8.8
Other Operating Expenses	12.68	13.87	13.05	12.39	11.83
Operating Expenses	62.25	68.88	74.66	74.51	72.38
Operating Income	112.82	124.07	119.88	103.96	98.28
Interest & Investment Income	26.39	16.77	14.49	15.97	9.32
Other Non Operating Income (Expenses)	-0.6	-0.18	-0.22	-0.02	0
EBT Excluding Unusual Items	138.61	140.67	134.15	119.92	107.6
Impairment of Goodwill	-	-	-	-1.6	-
Gain (Loss) on Sale of Investments	4.64	5.86	2.16	-	1.02
Gain (Loss) on Sale of Assets	-	-0.14	-0.39	-0.37	-0.07
Asset Writedown	-0.01	-	-	-	-
Other Unusual Items	-	1.28	-0.1	0.31	1.61
Pretax Income	143.23	147.67	135.82	118.26	110.16
Income Tax Expense	21.91	19.71	20.06	15.41	25.68
Earnings From Continuing Operations	121.32	127.96	115.76	102.86	84.48
Minority Interest in Earnings	-0.04	-	-	-	-
Net Income	121.28	127.96	115.76	102.86	84.48
Net Income to Common	121.28	127.96	115.76	102.86	84.48
Net Income Growth	-5.22%	10.54%	12.54%	21.75%	10.85%
Shares Outstanding (Basic)	178	180	178	180	164
Shares Outstanding (Diluted)	178	180	178	180	164
Shares Change (YoY)	-1.04%	1.20%	-1.06%	9.58%	21.63%
EPS (Basic)	0.68	0.71	0.65	0.57	0.51
EPS (Diluted)	0.68	0.71	0.65	0.57	0.51
EPS Growth	-4.23%	9.23%	13.76%	11.10%	-8.86%
Free Cash Flow	106.27	133.89	86.69	76.11	88.22
Free Cash Flow Per Share	0.60	0.74	0.49	0.42	0.54
Dividend Per Share	-	0.286	0.259	0.236	0.236
Dividend Growth	-	10.60%	9.72%	-	-
Gross Margin	60.56%	60.04%	61.77%	64.19%	63.45%
Operating Margin	39.03%	38.61%	38.06%	37.39%	36.54%
Profit Margin	41.96%	39.81%	36.76%	36.99%	31.41%
Free Cash Flow Margin	36.76%	41.66%	27.52%	27.37%	32.80%
EBITDA	148.99	159.73	150.05	131.28	124.73
EBITDA Margin	51.54%	49.70%	47.64%	47.21%	46.38%
D&A For EBITDA	36.17	35.66	30.17	27.31	26.45
EBIT	112.82	124.07	119.88	103.96	98.28
EBIT Margin	39.03%	38.61%	38.06%	37.39%	36.54%
Effective Tax Rate	15.30%	13.35%	14.77%	13.03%	23.31%
Revenue as Reported	-	321.39	314.94	278.05	268.94
Advertising Expenses	-	0.16	-	-	0.31

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