Longyan Kaolin Clay 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	266.89	286.11	318.07	313.05	276.55	267.36
Other Revenue	2.96	2.96	3.32	1.89	1.51	1.58
Revenue	269.85	289.07	321.39	314.94	278.05	268.94
Revenue Growth (YoY)	-17.55%	-10.06%	2.05%	13.26%	3.39%	19.74%
Cost of Revenue	105.93	114.25	128.44	120.4	99.57	98.29
Gross Profit	163.92	174.82	192.95	194.54	178.48	170.66
Selling, General & Admin	37.96	41.82	44.92	49.83	50.73	51.74
Research & Development	7.5	7.51	10.09	11.78	11.4	8.8
Other Operating Expenses	12.65	13.14	13.87	13.05	12.39	11.83
Operating Expenses	58.11	62.47	68.88	74.66	74.51	72.38
Operating Income	105.81	112.35	124.07	119.88	103.96	98.28
Interest & Investment Income	26.33	26.7	16.77	14.49	15.97	9.32
Other Non Operating Income (Expenses)	-0.39	-0.38	-0.18	-0.22	-0.02	0
EBT Excluding Unusual Items	131.75	138.66	140.67	134.15	119.92	107.6
Impairment of Goodwill	-	-	-	-	-1.6	-
Gain (Loss) on Sale of Investments	3.55	4.64	5.86	2.16	-	1.02
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.14	-0.39	-0.37	-0.07
Other Unusual Items	-0.05	-0.05	1.28	-0.1	0.31	1.61
Pretax Income	135.24	143.23	147.67	135.82	118.26	110.16
Income Tax Expense	20.57	21.91	19.71	20.06	15.41	25.68
Earnings From Continuing Operations	114.67	121.32	127.96	115.76	102.86	84.48
Minority Interest in Earnings	-0.01	-0.04	-	-	-	-
Net Income	114.66	121.28	127.96	115.76	102.86	84.48
Net Income to Common	114.66	121.28	127.96	115.76	102.86	84.48
Net Income Growth	-10.91%	-5.22%	10.54%	12.54%	21.75%	10.85%
Shares Outstanding (Basic)	176	178	180	178	180	164
Shares Outstanding (Diluted)	176	178	180	178	180	164
Shares Change (YoY)	-3.21%	-1.04%	1.20%	-1.06%	9.58%	21.63%
EPS (Basic)	0.65	0.68	0.71	0.65	0.57	0.51
EPS (Diluted)	0.65	0.68	0.71	0.65	0.57	0.51
EPS Growth	-7.95%	-4.23%	9.23%	13.76%	11.10%	-8.86%
Free Cash Flow	99.58	106.27	133.89	86.69	76.11	88.22
Free Cash Flow Per Share	0.57	0.60	0.74	0.49	0.42	0.54
Dividend Per Share	0.271	0.271	0.286	0.259	0.236	0.236
Dividend Growth	-5.24%	-5.24%	10.60%	9.72%	-	-
Gross Margin	60.74%	60.48%	60.04%	61.77%	64.19%	63.45%
Operating Margin	39.21%	38.86%	38.61%	38.06%	37.39%	36.54%
Profit Margin	42.49%	41.96%	39.81%	36.76%	36.99%	31.41%
Free Cash Flow Margin	36.90%	36.76%	41.66%	27.52%	27.37%	32.80%
EBITDA	141.85	148.34	159.88	150.05	131.28	124.73
EBITDA Margin	52.56%	51.31%	49.74%	47.64%	47.21%	46.38%
D&A For EBITDA	36.04	35.99	35.8	30.17	27.31	26.45
EBIT	105.81	112.35	124.07	119.88	103.96	98.28
EBIT Margin	39.21%	38.86%	38.61%	38.06%	37.39%	36.54%
Effective Tax Rate	15.21%	15.30%	13.35%	14.77%	13.03%	23.31%
Revenue as Reported	289.07	289.07	321.39	314.94	278.05	268.94
Advertising Expenses	-	0.12	0.16	-	-	0.31

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