Raytron Technology 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	5,199	4,263	3,482	2,605	1,767	1,551
Other Revenue	52.52	52.52	76.62	40.61	13.75	10.18
Revenue	5,252	4,316	3,559	2,646	1,780	1,561
Revenue Growth (YoY)	29.80%	21.27%	34.49%	48.62%	14.02%	128.06%
Cost of Revenue	2,704	2,281	1,902	1,493	759.99	610.57
Gross Profit	2,548	2,035	1,657	1,153	1,020	950.87
Selling, General & Admin	603.12	599.9	561.7	382.16	196.35	110.12
Research & Development	1,098	860.73	683.33	536.41	417.77	228.35
Other Operating Expenses	40.79	-0.63	11.74	10.31	9.74	7.44
Operating Expenses	1,810	1,627	1,298	951.07	632.68	365.83
Operating Income	737.52	407.64	358.78	201.58	387.62	585.04
Interest Expense	-66.76	-69.03	-73.5	-16.31	-1.62	-1.3
Interest & Investment Income	49.91	46.4	57.92	19.96	25.37	56.64
Currency Exchange Gain (Loss)	10.91	10.91	12.35	15.6	-4.04	-11.5
Other Non Operating Income (Expenses)	9.68	0.01	-2.82	-1.64	-1.35	-1.39
EBT Excluding Unusual Items	741.27	395.93	352.74	219.19	405.98	627.49
Impairment of Goodwill	-4.07	-4.07	-	-	-	-
Gain (Loss) on Sale of Investments	0.4	0.04	-0.04	23.55	-	-
Gain (Loss) on Sale of Assets	0.13	-0.1	-0.08	0.02	0.28	-0.49
Asset Writedown	-16.55	-2.72	-0.79	-0.11	-3.13	-
Legal Settlements	-	-	0.48	-	-	-
Other Unusual Items	38.95	38.95	46.86	61.75	45.13	40.61
Pretax Income	760.12	428.02	399.17	304.41	448.25	667.62
Income Tax Expense	84.81	-14.18	-23.02	17.89	-10.71	83.01
Earnings From Continuing Operations	675.31	442.2	422.19	286.52	458.96	584.6
Minority Interest in Earnings	117.04	126.76	73.58	26.85	2.22	-0.4
Net Income	792.35	568.96	495.77	313.36	461.18	584.2
Net Income to Common	792.35	568.96	495.77	313.36	461.18	584.2
Net Income Growth	33.78%	14.76%	58.21%	-32.05%	-21.06%	189.12%
Shares Outstanding (Basic)	456	445	447	448	445	445
Shares Outstanding (Diluted)	456	452	459	448	449	446
Shares Change (YoY)	0.10%	-1.63%	2.54%	-0.22%	0.64%	8.73%
EPS (Basic)	1.74	1.28	1.11	0.70	1.04	1.31
EPS (Diluted)	1.74	1.26	1.08	0.70	1.03	1.31
EPS Growth	33.64%	16.67%	54.29%	-31.90%	-21.56%	165.91%
Free Cash Flow	556.99	6.22	26.7	-304.11	-424.11	-323.28
Free Cash Flow Per Share	1.22	0.01	0.06	-0.68	-0.94	-0.72
Dividend Per Share	0.160	0.135	0.120	0.110	0.112	0.140
Dividend Growth	-8.57%	12.50%	9.09%	-1.79%	-20.00%	204.35%
Gross Margin	48.51%	47.14%	46.56%	43.56%	57.31%	60.90%
Operating Margin	14.04%	9.45%	10.08%	7.62%	21.77%	37.47%
Profit Margin	15.09%	13.18%	13.93%	11.84%	25.91%	37.41%
Free Cash Flow Margin	10.61%	0.14%	0.75%	-11.49%	-23.82%	-20.70%
EBITDA	1,077	691.59	568.96	333.63	456.12	625.38
EBITDA Margin	20.50%	16.02%	15.99%	12.61%	25.62%	40.05%
D&A For EBITDA	339.27	283.94	210.18	132.05	68.5	40.34
EBIT	737.52	407.64	358.78	201.58	387.62	585.04
EBIT Margin	14.04%	9.45%	10.08%	7.62%	21.77%	37.47%
Effective Tax Rate	11.16%	-	-	5.88%	-	12.43%
Revenue as Reported	5,252	4,316	3,559	2,646	1,780	1,561

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.