Darbond 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	1,471	1,165	928.33	922.47	582.14	416.11
Other Revenue	1.7	1.7	3.65	6.05	2.19	1.05
Revenue	1,473	1,167	931.98	928.52	584.33	417.17
Revenue Growth (YoY)	38.23%	25.19%	0.37%	58.90%	40.07%	27.51%
Cost of Revenue	1,055	845.27	663.91	649.96	385.39	271.34
Gross Profit	417.64	321.48	268.07	278.56	198.94	145.83
Selling, General & Admin	223.8	170.25	124.12	107.38	91.73	73.88
Research & Development	82.9	66.85	61.96	46.67	30.66	24.15
Other Operating Expenses	1.76	-3.63	-2.7	-3.12	1.05	3.36
Operating Expenses	308.18	232.06	183.81	157.65	124.97	102.42
Operating Income	109.46	89.41	84.25	120.9	73.98	43.4
Interest Expense	-8.58	-9.88	-6.85	-5.81	-3.15	-3.14
Interest & Investment Income	16.9	26.51	32.13	6.81	1.63	1.47
Currency Exchange Gain (Loss)	0.55	0.55	0.06	0.37	0.03	-0.1
Other Non Operating Income (Expenses)	-6.91	-4.69	-0.74	-0.3	1.29	8.16
EBT Excluding Unusual Items	111.41	101.91	108.85	121.97	73.78	49.79
Gain (Loss) on Sale of Investments	-0.05	0.09	0.38	2.53	-	-
Gain (Loss) on Sale of Assets	-0.41	-0.48	-0.16	-0.11	-0.33	-0.15
Asset Writedown	-3.48	-	-	-	-	-2.71
Other Unusual Items	10.88	9.21	8.17	11.24	11.98	8.24
Pretax Income	118.36	110.73	117.23	135.62	85.43	55.18
Income Tax Expense	9.74	13.2	16.92	14.32	9.31	6.76
Earnings From Continuing Operations	108.61	97.53	100.32	121.3	76.12	48.42
Minority Interest in Earnings	-1.88	-0.1	2.63	1.71	-0.24	1.73
Net Income	106.73	97.43	102.95	123.01	75.89	50.15
Net Income to Common	106.73	97.43	102.95	123.01	75.89	50.15
Net Income Growth	34.41%	-5.36%	-16.31%	62.09%	51.32%	40.33%
Shares Outstanding (Basic)	140	141	143	116	105	100
Shares Outstanding (Diluted)	140	141	143	116	105	100
Shares Change (YoY)	-0.88%	-1.24%	23.21%	10.51%	5.00%	-
EPS (Basic)	0.76	0.69	0.72	1.06	0.72	0.50
EPS (Diluted)	0.76	0.69	0.72	1.06	0.72	0.50
EPS Growth	35.61%	-4.17%	-32.07%	46.67%	44.11%	-
Free Cash Flow	13.03	181.72	-202.83	-215.47	-157.56	5.79
Free Cash Flow Per Share	0.09	1.29	-1.42	-1.86	-1.50	0.06
Dividend Per Share	0.350	0.250	0.250	0.300	-	-
Dividend Growth	40.00%	-	-16.67%	-	-	-
Gross Margin	28.36%	27.55%	28.76%	30.00%	34.05%	34.96%
Operating Margin	7.43%	7.66%	9.04%	13.02%	12.66%	10.40%
Profit Margin	7.25%	8.35%	11.05%	13.25%	12.99%	12.02%
Free Cash Flow Margin	0.89%	15.57%	-21.76%	-23.21%	-26.96%	1.39%
EBITDA	175.8	139.56	112.8	143.47	92.9	59.14
EBITDA Margin	11.94%	11.96%	12.10%	15.45%	15.90%	14.18%
D&A For EBITDA	66.34	50.14	28.55	22.57	18.92	15.74
EBIT	109.46	89.41	84.25	120.9	73.98	43.4
EBIT Margin	7.43%	7.66%	9.04%	13.02%	12.66%	10.40%
Effective Tax Rate	8.23%	11.92%	14.43%	10.56%	10.90%	12.26%
Revenue as Reported	1,473	1,167	931.98	928.52	584.33	417.17

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