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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,720	1,524	1,029	752.83	378.58	415.48
Other Revenue	11.77	11.77	5.08	1.63	1.78	-
Revenue	1,732	1,536	1,034	754.46	380.37	415.48
Revenue Growth (YoY)	54.24%	48.52%	37.08%	98.35%	-8.45%	-5.34%
Cost of Revenue	970.16	895.53	627.61	444.97	242.54	210.49
Gross Profit	761.54	640.48	406.6	309.5	137.83	205
Selling, General & Admin	79.98	73.77	64.47	53.42	42.65	39.59
Research & Development	128.95	122.77	116.52	65.58	66.25	44.08
Other Operating Expenses	7.86	2.68	-0.95	-3.05	2.18	3.83
Operating Expenses	224.15	208.45	179.22	123.86	111.39	86.74
Operating Income	537.39	432.03	227.38	185.63	26.44	118.26
Interest Expense	-2.65	-2.13	-4.41	-5.87	-0.94	-
Interest & Investment Income	5.63	4.78	9.07	17.63	26.85	31.19
Currency Exchange Gain (Loss)	0.86	0.86	7.93	1.9	3.75	-1.18
Other Non Operating Income (Expenses)	-9.42	-2.4	-0.13	-0.42	-0.23	-0.23
EBT Excluding Unusual Items	531.81	433.14	239.83	198.87	55.88	148.04
Gain (Loss) on Sale of Investments	-0.07	0.64	-1.22	0.58	-0.03	-0.29
Gain (Loss) on Sale of Assets	0.79	-2.39	-1.83	-0.19	0.17	0.05
Asset Writedown	-4.9	-0.78	-	-0.09	-	-
Other Unusual Items	10.89	10.89	5.01	7.26	12.1	11.3
Pretax Income	538.51	441.51	241.8	206.43	68.31	159.09
Income Tax Expense	63.51	50.41	20.51	25.64	-28.57	18.16
Earnings From Continuing Operations	475	391.09	221.29	180.79	96.88	140.93
Minority Interest in Earnings	-2.19	-2.27	-0.75	-0.88	-0.81	-0.93
Net Income	472.82	388.82	220.53	179.91	96.07	140
Net Income to Common	472.82	388.82	220.53	179.91	96.07	140
Net Income Growth	99.68%	76.31%	22.58%	87.27%	-31.38%	-23.49%
Shares Outstanding (Basic)	401	403	401	402	400	400
Shares Outstanding (Diluted)	401	403	401	402	400	400
Shares Change (YoY)	0.25%	0.56%	-0.15%	0.32%	0.07%	7.11%
EPS (Basic)	1.18	0.96	0.55	0.45	0.24	0.35
EPS (Diluted)	1.18	0.96	0.55	0.45	0.24	0.35
EPS Growth	98.44%	74.54%	22.77%	86.67%	-31.43%	-28.57%
Free Cash Flow	176.24	100.9	8.09	-179.89	-273.87	68.94
Free Cash Flow Per Share	0.44	0.25	0.02	-0.45	-0.68	0.17
Dividend Per Share	0.300	0.300	0.200	0.350	-	0.150
Dividend Growth	50.00%	50.00%	-42.86%	-	-	-
Gross Margin	43.98%	41.70%	39.31%	41.02%	36.24%	49.34%
Operating Margin	31.03%	28.13%	21.99%	24.61%	6.95%	28.46%
Profit Margin	27.30%	25.31%	21.32%	23.85%	25.26%	33.70%
Free Cash Flow Margin	10.18%	6.57%	0.78%	-23.84%	-72.00%	16.59%
EBITDA	758.84	642.86	395.72	306.06	93.18	175.23
EBITDA Margin	43.82%	41.85%	38.26%	40.57%	24.50%	42.18%
D&A For EBITDA	221.45	210.82	168.34	120.42	66.74	56.97
EBIT	537.39	432.03	227.38	185.63	26.44	118.26
EBIT Margin	31.03%	28.13%	21.99%	24.61%	6.95%	28.46%
Effective Tax Rate	11.79%	11.42%	8.48%	12.42%	-	11.42%
Revenue as Reported	1,732	1,536	1,034	754.46	380.37	-
Advertising Expenses	-	0.94	0.92	0.73	0.52	0.56

Source: S&P Global Market Intelligence. Standard template. Financial Sources.