Zhejiang Lante Optics 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	1,294	1,029	752.83	378.58	415.48	438.3
Other Revenue	5.08	5.08	1.63	1.78	-	0.64
Revenue	1,299	1,034	754.46	380.37	415.48	438.93
Revenue Growth (YoY)	23.63%	37.08%	98.35%	-8.45%	-5.34%	31.38%
Cost of Revenue	763.76	627.61	444.97	242.54	210.49	189
Gross Profit	535.05	406.6	309.5	137.83	205	249.93
Selling, General & Admin	69.75	64.47	53.42	42.65	39.59	31.26
Research & Development	126.31	116.52	65.58	66.25	44.08	27.2
Other Operating Expenses	-2.08	-0.95	-3.05	2.18	3.83	4.09
Operating Expenses	196.5	179.22	123.86	111.39	86.74	64.17
Operating Income	338.54	227.38	185.63	26.44	118.26	185.76
Interest Expense	-1.75	-4.41	-5.87	-0.94	-	-0.26
Interest & Investment Income	4.67	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)	0.04	-0.13	-0.42	-0.23	-0.23	0.43
EBT Excluding Unusual Items	349.44	239.83	198.87	55.88	148.04	192.46
Gain (Loss) on Sale of Investments	-1.11	-1.22	0.58	-0.03	-0.29	0.13
Gain (Loss) on Sale of Assets	-3.64	-1.83	-0.19	0.17	0.05	-0.05
Asset Writedown	-5.37	-	-0.09	-	-	-
Other Unusual Items	5.83	5.02	7.26	12.1	11.3	19.83
Pretax Income	345.15	241.8	206.43	68.31	159.09	212.38
Income Tax Expense	34.12	20.51	25.64	-28.57	18.16	29.3
Earnings From Continuing Operations	311.04	221.29	180.79	96.88	140.93	183.08
Minority Interest in Earnings	-2.15	-0.75	-0.88	-0.81	-0.93	-0.08
Net Income	308.88	220.53	179.91	96.07	140	183
Net Income to Common	308.88	220.53	179.91	96.07	140	183
Net Income Growth	23.71%	22.58%	87.27%	-31.38%	-23.49%	57.56%
Shares Outstanding (Basic)	403	403	402	400	400	373
Shares Outstanding (Diluted)	403	403	402	400	400	373
Shares Change (YoY)	-0.64%	0.40%	0.32%	0.07%	7.11%	2.90%
EPS (Basic)	0.77	0.55	0.45	0.24	0.35	0.49
EPS (Diluted)	0.77	0.55	0.45	0.24	0.35	0.49
EPS Growth	24.51%	22.09%	86.67%	-31.43%	-28.57%	53.13%
Free Cash Flow	71.13	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%	-	-	-	-85.00%
Gross Margin	41.20%	39.31%	41.02%	36.24%	49.34%	56.94%
Operating Margin	26.07%	21.99%	24.61%	6.95%	28.46%	42.32%
Profit Margin	23.78%	21.32%	23.85%	25.26%	33.70%	41.69%
Free Cash Flow Margin	5.48%	0.78%	-23.84%	-72.00%	16.59%	37.08%
EBITDA	540.95	394.65	306.06	93.18	175.23	238.12
EBITDA Margin	41.65%	38.16%	40.57%	24.50%	42.18%	54.25%
D&A For EBITDA	202.4	167.27	120.42	66.74	56.97	52.36
EBIT	338.54	227.38	185.63	26.44	118.26	185.76
EBIT Margin	26.07%	21.99%	24.61%	6.95%	28.46%	42.32%
Effective Tax Rate	9.88%	8.48%	12.42%	-	11.42%	13.80%
Revenue as Reported	1,299	1,034	754.46	380.37	-	438.93
Advertising Expenses	-	0.92	0.73	0.52	0.56	0.77

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