Darbond Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,547	1,165	928.33	922.47	582.14
Other Revenue	-	1.7	3.65	6.05	2.19
Revenue	1,547	1,167	931.98	928.52	584.33
Revenue Growth (YoY)	32.61%	25.19%	0.37%	58.90%	40.07%
Cost of Revenue	1,122	845.27	663.91	649.96	385.39
Gross Profit	425.56	321.48	268.07	278.56	198.94
Selling, General & Admin	224.55	170.25	124.12	107.38	91.73
Research & Development	72.67	66.85	61.96	46.67	30.66
Other Operating Expenses	-6.48	-3.63	-2.7	-3.12	1.05
Operating Expenses	290.74	232.06	183.81	157.65	124.97
Operating Income	134.82	89.41	84.25	120.9	73.98
Interest Expense	-	-9.88	-6.85	-5.81	-3.15
Interest & Investment Income	-	26.51	32.13	6.81	1.63
Currency Exchange Gain (Loss)	-	0.55	0.06	0.37	0.03
Other Non Operating Income (Expenses)	-10.2	-4.69	-0.74	-0.3	1.29
EBT Excluding Unusual Items	124.63	101.91	108.85	121.97	73.78
Gain (Loss) on Sale of Investments	-0.14	0.09	0.38	2.53	-
Gain (Loss) on Sale of Assets	-0	-0.48	-0.16	-0.11	-0.33
Asset Writedown	-7.89	-	-	-	-
Other Unusual Items	-	9.21	8.17	11.24	11.98
Pretax Income	116.59	110.73	117.23	135.62	85.43
Income Tax Expense	7.33	13.2	16.92	14.32	9.31
Earnings From Continuing Operations	109.26	97.53	100.32	121.3	76.12
Minority Interest in Earnings	-1.65	-0.1	2.63	1.71	-0.24
Net Income	107.61	97.43	102.95	123.01	75.89
Net Income to Common	107.61	97.43	102.95	123.01	75.89
Net Income Growth	10.45%	-5.36%	-16.31%	62.09%	51.32%
Shares Outstanding (Basic)	142	141	143	116	105
Shares Outstanding (Diluted)	142	141	143	116	105
Shares Change (YoY)	0.27%	-1.24%	23.21%	10.51%	5.00%
EPS (Basic)	0.76	0.69	0.72	1.06	0.72
EPS (Diluted)	0.76	0.69	0.72	1.06	0.72
EPS Growth	10.14%	-4.17%	-32.07%	46.67%	44.11%
Free Cash Flow	-241.56	181.72	-202.83	-215.47	-157.56
Free Cash Flow Per Share	-1.71	1.29	-1.42	-1.86	-1.50
Dividend Per Share	-	0.250	0.250	0.300	-
Dividend Growth	-	-	-16.67%	-	-
Gross Margin	27.51%	27.55%	28.76%	30.00%	34.05%
Operating Margin	8.71%	7.66%	9.04%	13.02%	12.66%
Profit Margin	6.96%	8.35%	11.05%	13.25%	12.99%
Free Cash Flow Margin	-15.61%	15.57%	-21.76%	-23.21%	-26.96%
EBITDA	200.12	139.56	112.8	143.47	92.9
EBITDA Margin	12.93%	11.96%	12.10%	15.45%	15.90%
D&A For EBITDA	65.29	50.14	28.55	22.57	18.92
EBIT	134.82	89.41	84.25	120.9	73.98
EBIT Margin	8.71%	7.66%	9.04%	13.02%	12.66%
Effective Tax Rate	6.29%	11.92%	14.43%	10.56%	10.90%
Revenue as Reported	-	1,167	931.98	928.52	584.33

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.