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

Zhejiang Lante Optics 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,118	1,029	752.83	378.58	415.48	438.3
Other Revenue	5.08	5.08	1.63	1.78	-	0.64
Revenue	1,123	1,034	754.46	380.37	415.48	438.93
Revenue Growth (YoY)	34.27%	37.08%	98.35%	-8.45%	-5.34%	31.38%
Cost of Revenue	685.27	627.61	444.97	242.54	210.49	189
Gross Profit	437.43	406.6	309.5	137.83	205	249.93
Selling, General & Admin	65.78	64.47	53.42	42.65	39.59	31.26
Research & Development	123.93	116.52	65.58	66.25	44.08	27.2
Other Operating Expenses	-2.79	-0.95	-3.05	2.18	3.83	4.09
Operating Expenses	190.4	179.22	123.86	111.39	86.74	64.17
Operating Income	247.03	227.38	185.63	26.44	118.26	185.76
Interest Expense	-2.59	-4.41	-5.87	-0.94	-	-0.26
Interest & Investment Income	5.62	9.07	17.63	26.85	31.19	12.92
Currency Exchange Gain (Loss)	7.93	7.93	1.9	3.75	-1.18	-6.39
Other Non Operating Income (Expenses)	-0.34	-0.13	-0.42	-0.23	-0.23	0.43
EBT Excluding Unusual Items	257.65	239.83	198.87	55.88	148.04	192.46
Gain (Loss) on Sale of Investments	0.04	-1.22	0.58	-0.03	-0.29	0.13
Gain (Loss) on Sale of Assets	-1.82	-1.83	-0.19	0.17	0.05	-0.05
Asset Writedown	-0.63	-	-0.09	-	-	-
Other Unusual Items	5.02	5.02	7.26	12.1	11.3	19.83
Pretax Income	260.25	241.8	206.43	68.31	159.09	212.38
Income Tax Expense	22.38	20.51	25.64	-28.57	18.16	29.3
Earnings From Continuing Operations	237.87	221.29	180.79	96.88	140.93	183.08
Minority Interest in Earnings	-1.08	-0.75	-0.88	-0.81	-0.93	-0.08
Net Income	236.79	220.53	179.91	96.07	140	183
Net Income to Common	236.79	220.53	179.91	96.07	140	183
Net Income Growth	15.85%	22.58%	87.27%	-31.38%	-23.49%	57.56%
Shares Outstanding (Basic)	402	403	402	400	400	373
Shares Outstanding (Diluted)	402	403	402	400	400	373
Shares Change (YoY)	4.10%	0.40%	0.32%	0.07%	7.11%	2.90%
EPS (Basic)	0.59	0.55	0.45	0.24	0.35	0.49
EPS (Diluted)	0.59	0.55	0.45	0.24	0.35	0.49
EPS Growth	11.28%	22.09%	86.67%	-31.43%	-28.57%	53.13%
Free Cash Flow	71.33	8.09	-179.89	-273.87	68.94	162.74
Free Cash Flow Per Share	0.18	0.02	-0.45	-0.68	0.17	0.44
Dividend Per Share	0.200	0.200	0.350	-	0.150	0.150
Dividend Growth	-42.86%	-42.86%	-	-	-	-85.00%
Gross Margin	38.96%	39.31%	41.02%	36.24%	49.34%	56.94%
Operating Margin	22.00%	21.99%	24.61%	6.95%	28.46%	42.32%
Profit Margin	21.09%	21.32%	23.85%	25.26%	33.70%	41.69%
Free Cash Flow Margin	6.35%	0.78%	-23.84%	-72.00%	16.59%	37.08%
EBITDA	426.02	394.65	306.06	93.18	175.23	238.12
EBITDA Margin	37.95%	38.16%	40.57%	24.50%	42.18%	54.25%
D&A For EBITDA	178.98	167.27	120.42	66.74	56.97	52.36
EBIT	247.03	227.38	185.63	26.44	118.26	185.76
EBIT Margin	22.00%	21.99%	24.61%	6.95%	28.46%	42.32%
Effective Tax Rate	8.60%	8.48%	12.42%	-	11.42%	13.80%
Revenue as Reported	1,123	1,034	754.46	380.37	-	438.93
Advertising Expenses	-	0.92	0.73	0.52	0.56	0.77

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