Harbin Xinguang Optic-Electronics Technology Co.,Ltd. (SHA:688011)

SHA:688011 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	141.55	168.24	156.12	144.16	135.24	119.8
Other Revenue	3.7	3.7	6.11	5.71	8.56	4.29
Revenue	145.25	171.94	162.23	149.87	143.8	124.09
Revenue Growth (YoY)	3.53%	5.99%	8.25%	4.22%	15.89%	-35.25%
Cost of Revenue	105.38	121.56	112.51	111.83	75.93	77.65
Gross Profit	39.87	50.38	49.72	38.04	67.88	46.43
Selling, General & Admin	58.23	69.77	67.96	64.94	55.46	44.74
Research & Development	28.08	33.78	41.71	35.82	33.34	21.55
Other Operating Expenses	3.54	2.74	2.79	-5.97	2.1	-14.96
Operating Expenses	107.95	128.65	128.91	102.83	102.02	56.77
Operating Income	-68.08	-78.26	-79.2	-64.79	-34.14	-10.34
Interest Expense	-0.03	-0.11	-0.06	-0.16	-0.29	-0.19
Interest & Investment Income	10.8	13.97	17.17	20.24	21.82	22.33
Other Non Operating Income (Expenses)	-0.26	-0.31	-0.13	0.38	0.31	-0.6
EBT Excluding Unusual Items	-57.57	-64.72	-62.22	-44.34	-12.31	11.21
Gain (Loss) on Sale of Investments	-0.18	0.22	0.19	-0.05	-0.14	-1.22
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.01	-0	-	0.01
Other Unusual Items	9.87	4.96	16.6	8.58	10.09	17.94
Pretax Income	-48.04	-59.56	-45.45	-35.81	-2.36	27.94
Income Tax Expense	10.67	10.53	-4.76	-9.3	-3.28	3.39
Earnings From Continuing Operations	-58.72	-70.09	-40.69	-26.5	0.92	24.54
Minority Interest in Earnings	1.61	2.13	1.52	1.83	0.9	-0.35
Net Income	-57.11	-67.96	-39.17	-24.67	1.83	24.19
Net Income to Common	-57.11	-67.96	-39.17	-24.67	1.83	24.19
Net Income Growth	-	-	-	-	-92.45%	-60.01%
Shares Outstanding (Basic)	100	100	100	100	101	100
Shares Outstanding (Diluted)	100	100	100	100	101	100
Shares Change (YoY)	-0.07%	0.02%	0.03%	-1.51%	1.45%	17.00%
EPS (Basic)	-0.57	-0.68	-0.39	-0.25	0.02	0.24
EPS (Diluted)	-0.57	-0.68	-0.39	-0.25	0.02	0.24
EPS Growth	-	-	-	-	-92.56%	-65.82%
Free Cash Flow	-8.39	-13.69	-16.76	-40.03	-68.68	-24.96
Free Cash Flow Per Share	-0.08	-0.14	-0.17	-0.40	-0.68	-0.25
Dividend Per Share	-	-	-	-	-	0.080
Dividend Growth	-	-	-	-	-	-55.92%
Gross Margin	27.45%	29.30%	30.65%	25.38%	47.20%	37.42%
Operating Margin	-46.87%	-45.52%	-48.82%	-43.23%	-23.74%	-8.33%
Profit Margin	-39.32%	-39.52%	-24.14%	-16.46%	1.27%	19.50%
Free Cash Flow Margin	-5.78%	-7.96%	-10.33%	-26.71%	-47.76%	-20.11%
EBITDA	-48.48	-59.59	-61.77	-52.37	-21.01	2.32
EBITDA Margin	-33.38%	-34.66%	-38.07%	-34.94%	-14.61%	1.87%
D&A For EBITDA	19.6	18.67	17.43	12.42	13.13	12.66
EBIT	-68.08	-78.26	-79.2	-64.79	-34.14	-10.34
EBIT Margin	-46.87%	-45.52%	-48.82%	-43.23%	-23.74%	-8.33%
Effective Tax Rate	-	-	-	-	-	12.15%
Revenue as Reported	145.25	171.94	162.23	149.87	143.8	124.09
Advertising Expenses	-	0.09	0.34	-	0.74	0.49

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