Shenzhen Qingyi Photomask Limited (SHA:688138)

Shenzhen Qingyi Photomask 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,205	1,104	915.55	748.64	527.52	470.8
Other Revenue	8.6	8.6	8.61	13.52	16.39	16.4
Revenue	1,214	1,112	924.16	762.15	543.91	487.19
Revenue Growth (YoY)	12.06%	20.35%	21.26%	40.12%	11.64%	1.57%
Cost of Revenue	838.85	785.39	670.52	570.99	409.13	338.27
Gross Profit	374.97	326.86	253.64	191.17	134.78	148.93
Selling, General & Admin	93.15	81.39	63.14	52.45	48.66	44.02
Research & Development	59.9	54.34	48.95	44.74	36.84	24.2
Other Operating Expenses	-2.45	2.84	6.62	5.57	5.07	4.23
Operating Expenses	150.35	137.95	120.12	105.28	92.26	71.2
Operating Income	224.62	188.91	133.52	85.88	42.52	77.73
Interest Expense	-24.6	-22.52	-5.03	-5.86	-4.68	-0.08
Interest & Investment Income	6.29	5.45	3.53	1.63	0.44	1.03
Currency Exchange Gain (Loss)	-0.64	-0.64	-2.81	-0.24	3.02	1.11
Other Non Operating Income (Expenses)	-9.03	-0.55	-0.4	-0.29	-0.24	-0.29
EBT Excluding Unusual Items	196.64	170.65	128.8	81.13	41.06	79.51
Gain (Loss) on Sale of Investments	-	-	0.23	-	-	-
Gain (Loss) on Sale of Assets	0.15	0.15	-0.34	-0.81	-0.36	-0.97
Asset Writedown	1.43	-	-0.49	-2.12	-	-
Other Unusual Items	21.47	21.66	22.25	21.69	12.79	12.03
Pretax Income	219.88	192.66	150.65	100.47	53.51	90.58
Income Tax Expense	24.34	20.65	16.78	1.44	8.99	14.29
Net Income	195.3	172.01	133.87	99.03	44.53	76.29
Net Income to Common	195.3	172.01	133.87	99.03	44.53	76.29
Net Income Growth	22.29%	28.49%	35.18%	122.41%	-41.64%	8.55%
Shares Outstanding (Basic)	284	265	268	268	262	263
Shares Outstanding (Diluted)	284	265	268	268	262	263
Shares Change (YoY)	6.83%	-1.16%	0.03%	2.19%	-0.44%	27.26%
EPS (Basic)	0.69	0.65	0.50	0.37	0.17	0.29
EPS (Diluted)	0.69	0.65	0.50	0.37	0.17	0.29
EPS Growth	14.47%	30.00%	35.13%	117.65%	-41.38%	-14.71%
Free Cash Flow	-599.57	-356.68	-48.21	36.95	-110.83	-69.43
Free Cash Flow Per Share	-2.11	-1.35	-0.18	0.14	-0.42	-0.26
Dividend Per Share	0.260	0.170	0.160	0.120	0.060	0.090
Dividend Growth	62.50%	6.25%	33.33%	100.00%	-33.33%	12.50%
Gross Margin	30.89%	29.39%	27.45%	25.08%	24.78%	30.57%
Operating Margin	18.50%	16.98%	14.45%	11.27%	7.82%	15.95%
Profit Margin	16.09%	15.47%	14.49%	12.99%	8.19%	15.66%
Free Cash Flow Margin	-49.40%	-32.07%	-5.22%	4.85%	-20.38%	-14.25%
EBITDA	360.89	317.44	251.72	196.01	116.73	117.61
EBITDA Margin	29.73%	28.54%	27.24%	25.72%	21.46%	24.14%
D&A For EBITDA	136.27	128.53	118.21	110.13	74.21	39.88
EBIT	224.62	188.91	133.52	85.88	42.52	77.73
EBIT Margin	18.50%	16.98%	14.45%	11.27%	7.82%	15.95%
Effective Tax Rate	11.07%	10.72%	11.14%	1.43%	16.79%	15.77%
Revenue as Reported	1,214	1,112	924.16	762.15	543.91	487.19

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