Lutian Machinery 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	Mar '26 Mar 31, 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	2,519	2,523	2,166	1,561	1,564	1,555
Other Revenue	-	-	83.48	65.46	55.11	50.24
Revenue	2,519	2,523	2,249	1,626	1,619	1,605
Revenue Growth (YoY)	2.30%	12.17%	38.29%	0.46%	0.84%	31.04%
Cost of Revenue	2,014	2,011	1,852	1,277	1,285	1,296
Gross Profit	504.7	512.09	397.16	349.83	333.97	309.83
Selling, General & Admin	136.88	131.93	119.62	101.32	97.28	82.65
Research & Development	115.2	111	86.36	59.91	54.85	56.25
Other Operating Expenses	4.8	3.01	2.13	9.32	6.55	5.87
Operating Expenses	256.87	245.95	218.16	172.24	161.37	148.3
Operating Income	247.83	266.14	178.99	177.59	172.6	161.52
Interest Expense	-	-	-0.07	-0.05	-0.12	-0.05
Interest & Investment Income	0.56	0.91	25.34	34.71	25.1	17.73
Currency Exchange Gain (Loss)	-	-	14.6	4.64	32.78	-4.93
Other Non Operating Income (Expenses)	-0.4	5.08	-1.28	-0.91	-0.76	-0.69
EBT Excluding Unusual Items	247.99	272.12	217.58	215.98	229.59	173.59
Gain (Loss) on Sale of Investments	0.81	0.15	-9.82	-15.75	-6.55	0.96
Gain (Loss) on Sale of Assets	0.26	0.32	-0.2	-1.68	0.1	0.24
Asset Writedown	-2.29	-7.07	-	-	-	-
Other Unusual Items	-	-	1.86	3.88	15.3	6.86
Pretax Income	246.76	265.53	209.41	202.44	238.43	181.65
Income Tax Expense	26.51	28.78	23.33	22.54	23.39	22.48
Earnings From Continuing Operations	220.25	236.75	186.08	179.9	215.05	159.17
Minority Interest in Earnings	12.82	8.78	-	-	-	-
Net Income	233.07	245.53	186.08	179.9	215.05	159.17
Net Income to Common	233.07	245.53	186.08	179.9	215.05	159.17
Net Income Growth	12.72%	31.95%	3.44%	-16.35%	35.11%	37.22%
Shares Outstanding (Basic)	173	173	172	173	172	151
Shares Outstanding (Diluted)	173	173	172	173	172	151
Shares Change (YoY)	0.33%	0.35%	-0.39%	0.55%	14.15%	16.67%
EPS (Basic)	1.35	1.42	1.08	1.04	1.25	1.06
EPS (Diluted)	1.35	1.42	1.08	1.04	1.25	1.06
EPS Growth	12.35%	31.48%	3.85%	-16.80%	18.36%	17.61%
Free Cash Flow	100.5	91.6	69.55	141.58	238.31	15.57
Free Cash Flow Per Share	0.58	0.53	0.40	0.82	1.39	0.10
Dividend Per Share	-	-	0.600	0.357	0.510	0.510
Dividend Growth	-	-	68.02%	-30.01%	-	-
Gross Margin	20.03%	20.30%	17.66%	21.51%	20.63%	19.30%
Operating Margin	9.84%	10.55%	7.96%	10.92%	10.66%	10.06%
Profit Margin	9.25%	9.73%	8.27%	11.06%	13.28%	9.91%
Free Cash Flow Margin	3.99%	3.63%	3.09%	8.71%	14.72%	0.97%
EBITDA	298.07	315.65	225.61	221.88	209.8	196.45
EBITDA Margin	11.83%	12.51%	10.03%	13.64%	12.96%	12.24%
D&A For EBITDA	50.24	49.52	46.62	44.29	37.2	34.93
EBIT	247.83	266.14	178.99	177.59	172.6	161.52
EBIT Margin	9.84%	10.55%	7.96%	10.92%	10.66%	10.06%
Effective Tax Rate	10.74%	10.84%	11.14%	11.13%	9.81%	12.38%
Revenue as Reported	-	-	2,249	1,626	1,619	1,605
Advertising Expenses	-	-	5.8	4.36	2.9	2.81

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