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	Jun '26 Jun 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	47.94%	33.85%	2.73%	3.23%	16.78%	20.14%
Cost of Revenue	535.1	434.95	382.69	373.08	371.14	290.29
Gross Profit	497.67	395.57	237.78	230.94	213.99	210.75
Selling, General & Admin	59.48	57.93	41.45	39.68	34.42	31.92
Research & Development	70.82	65.08	46.36	46.72	42.34	37.16
Other Operating Expenses	8.14	6.2	5.19	5.01	1.82	3.18
Operating Expenses	139.96	130.72	94.21	89.32	84.35	72.91
Operating Income	357.72	264.85	143.58	141.61	129.64	137.84
Interest Expense	-0.53	-0.53	-1.19	-0.3	-0.03	-
Interest & Investment Income	40.46	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)	-44.66	-0.3	-0.23	-0.03	0.01	-0.19
EBT Excluding Unusual Items	342.97	294.68	187.46	164.87	158.18	149.37
Gain (Loss) on Sale of Investments	-0.95	-7.7	4.12	0.6	0.8	-0.26
Gain (Loss) on Sale of Assets	0.28	0.01	-	0	0.16	4.72
Asset Writedown	2	-0.09	-0.06	-0.18	-0.26	-
Other Unusual Items	11.43	11.43	8.87	9.35	16.07	10.86
Pretax Income	355.74	298.35	200.38	174.63	174.94	164.69
Income Tax Expense	47.84	38.26	24.22	20.26	19.05	18.85
Earnings From Continuing Operations	307.9	260.09	176.16	154.37	155.89	145.84
Minority Interest in Earnings	-0.07	-0.05	-0.83	-0.19	0.28	-0.04
Net Income	307.82	260.04	175.33	154.18	156.17	145.8
Net Income to Common	307.82	260.04	175.33	154.18	156.17	145.8
Net Income Growth	36.20%	48.31%	13.72%	-1.27%	7.11%	-3.18%
Shares Outstanding (Basic)	407	407	407	406	406	405
Shares Outstanding (Diluted)	409	408	407	407	406	406
Shares Change	0.29%	0.40%	0.02%	0.13%	0.12%	6.30%
EPS (Basic)	0.76	0.64	0.43	0.38	0.38	0.36
EPS (Diluted)	0.75	0.64	0.43	0.38	0.38	0.36
EPS Growth	35.80%	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	Jun '26 Jun 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	259.14	193.86	171.15	218.43	33.83	-86.91
Free Cash Flow Per Share	0.63	0.47	0.42	0.54	0.08	-0.21
Dividend Per Share	0.600	0.600	0.400	0.250	0.120	0.120
Dividend Growth	93.55%	50.00%	60.00%	108.33%	0%	-20.00%
Gross Margin	48.19%	47.63%	38.32%	38.23%	36.57%	42.06%
Operating Margin	34.64%	31.89%	23.14%	23.45%	22.16%	27.51%
Profit Margin	29.81%	31.31%	28.26%	25.53%	26.69%	29.10%
Free Cash Flow Margin	25.09%	23.34%	27.58%	36.16%	5.78%	-17.34%
EBITDA	414.52	315.84	189.93	182.58	163.24	162.02
EBITDA Margin	40.14%	38.03%	30.61%	30.23%	27.90%	32.34%
D&A For EBITDA	56.81	50.99	46.35	40.97	33.6	24.19
EBIT	357.72	264.85	143.58	141.61	129.64	137.84
EBIT Margin	34.64%	31.89%	23.14%	23.45%	22.16%	27.51%
Effective Tax Rate	13.45%	12.82%	12.09%	11.60%	10.89%	11.44%
Revenue as Reported	830.52	830.52	620.48	604.01	585.13	501.05
Advertising Expenses	-	0.86	1.36	1.62	0.56	0.71