Xiamen Leading Optics 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	830.27	620.37	603.93	585.11	501.02
Other Revenue	0.25	0.11	0.08	0.02	0.02
Revenue	830.52	620.48	604.01	585.13	501.05
Revenue Growth (YoY)	33.85%	2.73%	3.23%	16.78%	20.14%
Cost of Revenue	434.95	382.69	373.08	371.14	290.29
Gross Profit	395.57	237.78	230.94	213.99	210.75
Selling, General & Admin	57.93	41.45	39.68	34.42	31.92
Research & Development	65.08	46.36	46.72	42.34	37.16
Other Operating Expenses	6.2	5.19	5.01	1.82	3.18
Operating Expenses	130.72	94.21	89.32	84.35	72.91
Operating Income	264.85	143.58	141.61	129.64	137.84
Interest Expense	-0.53	-1.19	-0.3	-0.03	-
Interest & Investment Income	40.67	35.44	20.67	13.7	18.28
Currency Exchange Gain (Loss)	-10.01	9.87	2.91	14.86	-6.56
Other Non Operating Income (Expenses)	-0.3	-0.23	-0.03	0.01	-0.19
EBT Excluding Unusual Items	294.68	187.46	164.87	158.18	149.37
Gain (Loss) on Sale of Investments	-7.7	4.12	0.6	0.8	-0.26
Gain (Loss) on Sale of Assets	0.01	-	0	0.16	4.72
Asset Writedown	-0.09	-0.06	-0.18	-0.26	-
Other Unusual Items	11.43	8.87	9.35	16.07	10.86
Pretax Income	298.35	200.38	174.63	174.94	164.69
Income Tax Expense	38.26	24.22	20.26	19.05	18.85
Earnings From Continuing Operations	260.09	176.16	154.37	155.89	145.84
Minority Interest in Earnings	-0.05	-0.83	-0.19	0.28	-0.04
Net Income	260.04	175.33	154.18	156.17	145.8
Net Income to Common	260.04	175.33	154.18	156.17	145.8
Net Income Growth	48.31%	13.72%	-1.27%	7.11%	-3.18%
Shares Outstanding (Basic)	407	407	406	406	405
Shares Outstanding (Diluted)	408	407	407	406	406
Shares Change (YoY)	0.40%	0.02%	0.13%	0.12%	6.30%
EPS (Basic)	0.64	0.43	0.38	0.38	0.36
EPS (Diluted)	0.64	0.43	0.38	0.38	0.36
EPS Growth	47.73%	13.69%	-1.40%	6.98%	-8.92%
Free Cash Flow	193.86	171.15	218.43	33.83	-86.91
Free Cash Flow Per Share	0.47	0.42	0.54	0.08	-0.21
Dividend Per Share	0.600	0.400	0.250	0.120	0.120
Dividend Growth	50.00%	60.00%	108.33%	-	-20.00%
Gross Margin	47.63%	38.32%	38.23%	36.57%	42.06%
Operating Margin	31.89%	23.14%	23.45%	22.16%	27.51%
Profit Margin	31.31%	28.26%	25.53%	26.69%	29.10%
Free Cash Flow Margin	23.34%	27.58%	36.16%	5.78%	-17.34%
EBITDA	315.84	189.93	182.58	163.24	162.02
EBITDA Margin	38.03%	30.61%	30.23%	27.90%	32.34%
D&A For EBITDA	50.99	46.35	40.97	33.6	24.19
EBIT	264.85	143.58	141.61	129.64	137.84
EBIT Margin	31.89%	23.14%	23.45%	22.16%	27.51%
Effective Tax Rate	12.82%	12.09%	11.60%	10.89%	11.44%
Revenue as Reported	830.52	620.48	604.01	585.13	501.05
Advertising Expenses	0.86	1.36	1.62	0.56	0.71

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