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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	640.35	620.37	603.93	585.11	501.02	417.05
Other Revenue	0.11	0.11	0.08	0.02	0.02	0
Revenue	640.46	620.48	604.01	585.13	501.05	417.05
Revenue Growth (YoY)	3.61%	2.73%	3.23%	16.78%	20.14%	-10.41%
Cost of Revenue	377.98	382.69	373.08	371.14	290.29	207.19
Gross Profit	262.48	237.78	230.94	213.99	210.75	209.86
Selling, General & Admin	43.9	41.45	39.68	34.42	31.92	26.84
Research & Development	47.49	46.36	46.72	42.34	37.16	26.62
Other Operating Expenses	4.87	5.19	5.01	1.82	3.18	4.07
Operating Expenses	96.18	94.21	89.32	84.35	72.91	57.87
Operating Income	166.29	143.58	141.61	129.64	137.84	151.99
Interest Expense	-1.27	-1.19	-0.3	-0.03	-	-
Interest & Investment Income	38.65	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)	0.76	-0.39	2.92	0.01	-0.19	0.01
EBT Excluding Unusual Items	214.3	187.3	167.82	158.18	149.37	157.29
Gain (Loss) on Sale of Investments	0.38	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	2.77	-0.06	-0.18	-0.26	-	-0.22
Other Unusual Items	9.05	9.03	6.4	16.07	10.86	14.35
Pretax Income	226.5	200.38	174.63	174.94	164.69	172.65
Income Tax Expense	27.73	24.22	20.26	19.05	18.85	22.02
Earnings From Continuing Operations	198.78	176.16	154.37	155.89	145.84	150.63
Minority Interest in Earnings	-0.88	-0.83	-0.19	0.28	-0.04	-0.05
Net Income	197.9	175.33	154.18	156.17	145.8	150.59
Net Income to Common	197.9	175.33	154.18	156.17	145.8	150.59
Net Income Growth	24.86%	13.72%	-1.27%	7.11%	-3.18%	-16.90%
Shares Outstanding (Basic)	407	407	406	406	405	382
Shares Outstanding (Diluted)	407	407	407	406	406	382
Shares Change (YoY)	0.07%	0.02%	0.13%	0.12%	6.30%	4.70%
EPS (Basic)	0.49	0.43	0.38	0.38	0.36	0.39
EPS (Diluted)	0.49	0.43	0.38	0.38	0.36	0.39
EPS Growth	24.77%	13.69%	-1.40%	6.98%	-8.92%	-20.64%
Free Cash Flow	183.72	171.15	218.43	33.83	-86.91	67.33
Free Cash Flow Per Share	0.45	0.42	0.54	0.08	-0.21	0.18
Dividend Per Share	0.400	0.400	0.250	0.120	0.120	0.150
Dividend Growth	60.00%	60.00%	108.33%	-	-20.00%	-
Gross Margin	40.98%	38.32%	38.23%	36.57%	42.06%	50.32%
Operating Margin	25.96%	23.14%	23.45%	22.16%	27.51%	36.44%
Profit Margin	30.90%	28.26%	25.53%	26.69%	29.10%	36.11%
Free Cash Flow Margin	28.68%	27.58%	36.16%	5.78%	-17.34%	16.14%
EBITDA	213.43	189.49	182.58	163.24	162.02	174.3
EBITDA Margin	33.32%	30.54%	30.23%	27.90%	32.34%	41.79%
D&A For EBITDA	47.14	45.91	40.97	33.6	24.19	22.31
EBIT	166.29	143.58	141.61	129.64	137.84	151.99
EBIT Margin	25.96%	23.14%	23.45%	22.16%	27.51%	36.44%
Effective Tax Rate	12.24%	12.09%	11.60%	10.89%	11.44%	12.75%
Revenue as Reported	640.46	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.