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

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