Xiamen Leading Optics 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	Sep '26 Sep 30, 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	1,033	830.27	620.37	603.93	585.11	501.02
Other Revenue	0.25	0.25	0.11	0.08	0.02	0.02
Revenue	1,033	830.52	620.48	604.01	585.13	501.05
Revenue Growth	32.04%	33.85%	2.73%	3.23%	16.78%	20.14%
Cost of Revenue	537.89	434.95	382.69	373.08	371.14	290.29
Gross Profit	495.45	395.57	237.78	230.94	213.99	210.75
Selling, General & Admin	58.07	57.93	41.45	39.68	34.42	31.92
Research & Development	72.27	65.08	46.36	46.72	42.34	37.16
Other Operating Expenses	10.69	6.2	5.19	5.01	1.82	3.18
Operating Expenses	142.58	130.72	94.21	89.32	84.35	72.91
Operating Income	352.87	264.85	143.58	141.61	129.64	137.84
Interest Expense	-1	-0.53	-1.19	-0.3	-0.03	-
Interest & Investment Income	37.25	40.67	35.44	20.67	13.7	18.28
Currency Exchange Gain (Loss)	-10.01	-10.01	9.87	2.91	14.86	-6.56
Other Non Operating Income (Expenses)	-50.84	-0.3	-0.23	-0.03	0.01	-0.19
EBT Excluding Unusual Items	328.26	294.68	187.46	164.87	158.18	149.37
Gain (Loss) on Sale of Investments	1.93	-7.7	4.12	0.6	0.8	-0.26
Gain (Loss) on Sale of Assets	0.14	0.01	-	0	0.16	4.72
Asset Writedown	1.53	-0.09	-0.06	-0.18	-0.26	-
Other Unusual Items	11.8	11.43	8.87	9.35	16.07	10.86
Pretax Income	343.66	298.35	200.38	174.63	174.94	164.69
Income Tax Expense	45.46	38.26	24.22	20.26	19.05	18.85
Earnings From Continuing Operations	298.2	260.09	176.16	154.37	155.89	145.84
Minority Interest in Earnings	-0.1	-0.05	-0.83	-0.19	0.28	-0.04
Net Income	298.1	260.04	175.33	154.18	156.17	145.8
Net Income to Common	298.1	260.04	175.33	154.18	156.17	145.8
Net Income Growth	8.18%	48.31%	13.72%	-1.27%	7.11%	-3.18%
Shares Outstanding (Basic)	408	407	407	406	406	405
Shares Outstanding (Diluted)	410	408	407	407	406	406
Shares Change	0.46%	0.40%	0.02%	0.13%	0.12%	6.30%
EPS (Basic)	0.73	0.64	0.43	0.38	0.38	0.36
EPS (Diluted)	0.73	0.64	0.43	0.38	0.38	0.36
EPS Growth	7.69%	47.73%	13.69%	-1.40%	6.98%	-8.92%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	265.68	193.86	171.15	218.43	33.83	-86.91
Free Cash Flow Per Share	0.65	0.47	0.42	0.54	0.08	-0.21
Dividend Per Share	0.350	0.600	0.400	0.250	0.120	0.120
Dividend Growth	-42.62%	50.00%	60.00%	108.33%	0%	-20.00%
Gross Margin	47.95%	47.63%	38.32%	38.23%	36.57%	42.06%
Operating Margin	34.15%	31.89%	23.14%	23.45%	22.16%	27.51%
Profit Margin	28.85%	31.31%	28.26%	25.53%	26.69%	29.10%
Free Cash Flow Margin	25.71%	23.34%	27.58%	36.16%	5.78%	-17.34%
EBITDA	407.34	315.84	189.93	182.58	163.24	162.02
EBITDA Margin	39.42%	38.03%	30.61%	30.23%	27.90%	32.34%
D&A For EBITDA	54.48	50.99	46.35	40.97	33.6	24.19
EBIT	352.87	264.85	143.58	141.61	129.64	137.84
EBIT Margin	34.15%	31.89%	23.14%	23.45%	22.16%	27.51%
Effective Tax Rate	13.23%	12.82%	12.09%	11.60%	10.89%	11.44%
Revenue as Reported	1,033	830.52	620.48	604.01	585.13	501.05
Advertising Expenses	-	0.86	1.36	1.62	0.56	0.71