Zhejiang Lante Optics Co., Ltd. (SHA:688127)

Zhejiang Lante Optics Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,034	752.83	378.58	415.48	438.3
Other Revenue	-	1.63	1.78	-	0.64
Revenue	1,034	754.46	380.37	415.48	438.93
Revenue Growth (YoY)	37.08%	98.35%	-8.45%	-5.34%	31.38%
Cost of Revenue	790.56	444.97	242.54	210.49	189
Gross Profit	243.65	309.5	137.83	205	249.93
Selling, General & Admin	-	53.42	42.65	39.59	31.26
Research & Development	-	65.58	66.25	44.08	27.2
Other Operating Expenses	-	-3.05	2.18	3.83	4.09
Operating Expenses	-	123.86	111.39	86.74	64.17
Operating Income	243.65	185.63	26.44	118.26	185.76
Interest Expense	-	-5.87	-0.94	-	-0.26
Interest & Investment Income	-	17.63	26.85	31.19	12.92
Currency Exchange Gain (Loss)	-	1.9	3.75	-1.18	-6.39
Other Non Operating Income (Expenses)	-0.47	-0.42	-0.23	-0.23	0.43
EBT Excluding Unusual Items	243.18	198.87	55.88	148.04	192.46
Gain (Loss) on Sale of Investments	-	0.58	-0.03	-0.29	0.13
Gain (Loss) on Sale of Assets	-	-0.19	0.17	0.05	-0.05
Asset Writedown	-	-0.09	-	-	-
Other Unusual Items	-	7.26	12.1	11.3	19.83
Pretax Income	243.18	206.43	68.31	159.09	212.38
Income Tax Expense	24.6	25.64	-28.57	18.16	29.3
Earnings From Continuing Operations	218.59	180.79	96.88	140.93	183.08
Minority Interest in Earnings	-	-0.88	-0.81	-0.93	-0.08
Net Income	218.59	179.91	96.07	140	183
Net Income to Common	218.59	179.91	96.07	140	183
Net Income Growth	21.50%	87.27%	-31.38%	-23.49%	57.56%
Shares Outstanding (Basic)	405	402	400	400	373
Shares Outstanding (Diluted)	405	402	400	400	373
Shares Change (YoY)	0.80%	0.32%	0.07%	7.11%	2.90%
EPS (Basic)	0.54	0.45	0.24	0.35	0.49
EPS (Diluted)	0.54	0.45	0.24	0.35	0.49
EPS Growth	20.54%	86.67%	-31.43%	-28.57%	53.13%
Free Cash Flow	-	-179.89	-273.87	68.94	162.74
Free Cash Flow Per Share	-	-0.45	-0.68	0.17	0.44
Dividend Per Share	-	0.350	-	0.150	0.150
Dividend Growth	-	-	-	-	-85.00%
Gross Margin	23.56%	41.02%	36.24%	49.34%	56.94%
Operating Margin	23.56%	24.61%	6.95%	28.46%	42.32%
Profit Margin	21.14%	23.85%	25.26%	33.70%	41.69%
Free Cash Flow Margin	-	-23.84%	-72.00%	16.59%	37.08%
EBITDA	363.24	305.22	93.18	175.23	238.12
EBITDA Margin	35.12%	40.46%	24.50%	42.18%	54.25%
D&A For EBITDA	119.59	119.59	66.74	56.97	52.36
EBIT	243.65	185.63	26.44	118.26	185.76
EBIT Margin	23.56%	24.61%	6.95%	28.46%	42.32%
Effective Tax Rate	10.11%	12.42%	-	11.42%	13.80%
Revenue as Reported	-	754.46	380.37	-	438.93
Advertising Expenses	-	0.73	0.52	0.56	0.77

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.