Lutian Machinery Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,473	2,166	1,561	1,564	1,555	1,197
Other Revenue	83.48	83.48	65.46	55.11	50.24	28.51
Revenue	2,556	2,249	1,626	1,619	1,605	1,225
Revenue Growth (YoY)	30.20%	38.29%	0.46%	0.84%	31.04%	16.71%
Cost of Revenue	2,051	1,852	1,277	1,285	1,296	984.41
Gross Profit	505.77	397.16	349.83	333.97	309.83	240.73
Selling, General & Admin	133.22	119.62	101.32	97.28	82.65	65.14
Research & Development	105.79	86.36	59.91	54.85	56.25	40.15
Other Operating Expenses	1.16	2.13	9.32	6.55	5.87	5.09
Operating Expenses	243.07	218.16	172.24	161.37	148.3	110.81
Operating Income	262.7	178.99	177.59	172.6	161.52	129.92
Interest Expense	-0.14	-0.07	-0.05	-0.12	-0.05	-
Interest & Investment Income	10.23	25.34	34.71	25.1	17.73	2.63
Currency Exchange Gain (Loss)	14.6	14.6	4.64	32.78	-4.93	-12.09
Other Non Operating Income (Expenses)	-4.33	-1.28	-0.91	-0.76	-0.69	-0.75
EBT Excluding Unusual Items	283.06	217.58	215.98	229.59	173.59	119.7
Gain (Loss) on Sale of Investments	-2.39	-9.82	-15.75	-6.55	0.96	6.35
Gain (Loss) on Sale of Assets	0.12	-0.2	-1.68	0.1	0.24	-0.03
Asset Writedown	-0.55	-	-	-	-	-
Other Unusual Items	0.6	1.86	3.88	15.3	6.86	8.06
Pretax Income	280.83	209.41	202.44	238.43	181.65	134.09
Income Tax Expense	33.2	23.33	22.54	23.39	22.48	18.09
Net Income	247.64	186.08	179.9	215.05	159.17	116
Net Income to Common	247.64	186.08	179.9	215.05	159.17	116
Net Income Growth	46.42%	3.44%	-16.35%	35.11%	37.22%	30.84%
Shares Outstanding (Basic)	172	172	173	172	151	129
Shares Outstanding (Diluted)	172	172	173	172	151	129
Shares Change (YoY)	-1.40%	-0.39%	0.55%	14.15%	16.67%	-0.14%
EPS (Basic)	1.44	1.08	1.04	1.25	1.06	0.90
EPS (Diluted)	1.44	1.08	1.04	1.25	1.06	0.90
EPS Growth	48.51%	3.85%	-16.80%	18.36%	17.61%	31.34%
Free Cash Flow	99.62	69.55	141.58	238.31	15.57	93.03
Free Cash Flow Per Share	0.58	0.40	0.82	1.39	0.10	0.72
Dividend Per Share	0.600	0.600	0.357	0.510	0.510	-
Dividend Growth	68.02%	68.02%	-30.01%	-	-	-
Gross Margin	19.78%	17.66%	21.51%	20.63%	19.30%	19.65%
Operating Margin	10.28%	7.96%	10.92%	10.66%	10.06%	10.60%
Profit Margin	9.69%	8.27%	11.06%	13.28%	9.91%	9.47%
Free Cash Flow Margin	3.90%	3.09%	8.71%	14.72%	0.97%	7.59%
EBITDA	311.07	225.61	221.88	209.8	196.45	158.76
EBITDA Margin	12.17%	10.03%	13.64%	12.96%	12.24%	12.96%
D&A For EBITDA	48.37	46.62	44.29	37.2	34.93	28.84
EBIT	262.7	178.99	177.59	172.6	161.52	129.92
EBIT Margin	10.28%	7.96%	10.92%	10.66%	10.06%	10.60%
Effective Tax Rate	11.82%	11.14%	11.13%	9.81%	12.38%	13.49%
Revenue as Reported	2,556	2,249	1,626	1,619	1,605	1,225
Advertising Expenses	-	5.8	4.36	2.9	2.81	1.93

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