Xiamen Leading Optics Co., Ltd. (SHA:605118)

Xiamen Leading Optics Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	782.51	620.37	603.93	585.11	501.02	417.05
Other Revenue	0.11	0.11	0.08	0.02	0.02	0
Revenue	782.62	620.48	604.01	585.13	501.05	417.05
Revenue Growth (YoY)	31.32%	2.73%	3.23%	16.78%	20.14%	-10.41%
Cost of Revenue	429.12	382.69	373.08	371.14	290.29	207.19
Gross Profit	353.5	237.78	230.94	213.99	210.75	209.86
Selling, General & Admin	52.77	41.45	39.68	34.42	31.92	26.84
Research & Development	56.13	46.36	46.72	42.34	37.16	26.62
Other Operating Expenses	1.14	5.19	5.01	1.82	3.18	4.07
Operating Expenses	111.72	94.21	89.32	84.35	72.91	57.87
Operating Income	241.77	143.58	141.61	129.64	137.84	151.99
Interest Expense	-0.68	-1.19	-0.3	-0.03	-	-
Interest & Investment Income	44.28	35.44	20.67	13.7	18.28	16.32
Currency Exchange Gain (Loss)	9.87	9.87	2.91	14.86	-6.56	-11.04
Other Non Operating Income (Expenses)	5.76	-0.39	2.92	0.01	-0.19	0.01
EBT Excluding Unusual Items	301.01	187.3	167.82	158.18	149.37	157.29
Gain (Loss) on Sale of Investments	-1.58	4.12	0.6	0.8	-0.26	0.78
Gain (Loss) on Sale of Assets	-	-	0	0.16	4.72	0.46
Asset Writedown	6.91	-0.06	-0.18	-0.26	-	-0.22
Other Unusual Items	9.03	9.03	6.4	16.07	10.86	14.35
Pretax Income	315.37	200.38	174.63	174.94	164.69	172.65
Income Tax Expense	39.17	24.22	20.26	19.05	18.85	22.02
Earnings From Continuing Operations	276.19	176.16	154.37	155.89	145.84	150.63
Minority Interest in Earnings	-0.63	-0.83	-0.19	0.28	-0.04	-0.05
Net Income	275.57	175.33	154.18	156.17	145.8	150.59
Net Income to Common	275.57	175.33	154.18	156.17	145.8	150.59
Net Income Growth	81.95%	13.72%	-1.27%	7.11%	-3.18%	-16.90%
Shares Outstanding (Basic)	407	407	406	406	405	382
Shares Outstanding (Diluted)	408	407	407	406	406	382
Shares Change (YoY)	0.22%	0.02%	0.13%	0.12%	6.30%	4.70%
EPS (Basic)	0.68	0.43	0.38	0.38	0.36	0.39
EPS (Diluted)	0.68	0.43	0.38	0.38	0.36	0.39
EPS Growth	81.54%	13.69%	-1.40%	6.98%	-8.92%	-20.64%
Free Cash Flow	175.18	171.15	218.43	33.83	-86.91	67.33
Free Cash Flow Per Share	0.43	0.42	0.54	0.08	-0.21	0.18
Dividend Per Share	0.610	0.400	0.250	0.120	0.120	0.150
Dividend Growth	79.41%	60.00%	108.33%	-	-20.00%	-
Gross Margin	45.17%	38.32%	38.23%	36.57%	42.06%	50.32%
Operating Margin	30.89%	23.14%	23.45%	22.16%	27.51%	36.44%
Profit Margin	35.21%	28.26%	25.53%	26.69%	29.10%	36.11%
Free Cash Flow Margin	22.38%	27.58%	36.16%	5.78%	-17.34%	16.14%
EBITDA	291.38	189.49	182.58	163.24	162.02	174.3
EBITDA Margin	37.23%	30.54%	30.23%	27.90%	32.34%	41.79%
D&A For EBITDA	49.61	45.91	40.97	33.6	24.19	22.31
EBIT	241.77	143.58	141.61	129.64	137.84	151.99
EBIT Margin	30.89%	23.14%	23.45%	22.16%	27.51%	36.44%
Effective Tax Rate	12.42%	12.09%	11.60%	10.89%	11.44%	12.75%
Revenue as Reported	782.62	620.48	604.01	585.13	501.05	417.05
Advertising Expenses	-	1.36	1.62	0.56	0.71	0.15

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