Shenzhen Qingyi Photomask 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	1,240	1,104	915.55	748.64	527.52
Other Revenue	-	8.6	8.61	13.52	16.39
Revenue	1,240	1,112	924.16	762.15	543.91
Revenue Growth (YoY)	11.46%	20.35%	21.26%	40.12%	11.64%
Cost of Revenue	-	785.39	670.52	570.99	409.13
Gross Profit	1,240	326.86	253.64	191.17	134.78
Selling, General & Admin	-	81.39	63.14	52.45	48.66
Research & Development	-	54.34	48.95	44.74	36.84
Other Operating Expenses	1,026	2.84	6.62	5.57	5.07
Operating Expenses	1,026	137.95	120.12	105.28	92.26
Operating Income	213.42	188.91	133.52	85.88	42.52
Interest Expense	-	-22.52	-5.03	-5.86	-4.68
Interest & Investment Income	-	5.45	3.53	1.63	0.44
Currency Exchange Gain (Loss)	-	-0.64	-2.81	-0.24	3.02
Other Non Operating Income (Expenses)	-0.2	-0.55	-0.4	-0.29	-0.24
EBT Excluding Unusual Items	213.23	170.65	128.8	81.13	41.06
Gain (Loss) on Sale of Investments	-	-	0.23	-	-
Gain (Loss) on Sale of Assets	-	0.15	-0.34	-0.81	-0.36
Asset Writedown	-	-	-0.49	-2.12	-
Other Unusual Items	-	21.66	22.25	21.69	12.79
Pretax Income	213.23	192.66	150.65	100.47	53.51
Income Tax Expense	26.07	20.65	16.78	1.44	8.99
Net Income	187.15	172.01	133.87	99.03	44.53
Net Income to Common	187.15	172.01	133.87	99.03	44.53
Net Income Growth	8.80%	28.49%	35.18%	122.41%	-41.64%
Shares Outstanding (Basic)	297	265	268	268	262
Shares Outstanding (Diluted)	297	265	268	268	262
Shares Change (YoY)	12.26%	-1.16%	0.03%	2.19%	-0.44%
EPS (Basic)	0.63	0.65	0.50	0.37	0.17
EPS (Diluted)	0.63	0.65	0.50	0.37	0.17
EPS Growth	-3.08%	30.00%	35.13%	117.65%	-41.38%
Free Cash Flow	-	-356.68	-48.21	36.95	-110.83
Free Cash Flow Per Share	-	-1.35	-0.18	0.14	-0.42
Dividend Per Share	-	0.170	0.160	0.120	0.060
Dividend Growth	-	6.25%	33.33%	100.00%	-33.33%
Gross Margin	100.00%	29.39%	27.45%	25.08%	24.78%
Operating Margin	17.22%	16.98%	14.45%	11.27%	7.82%
Profit Margin	15.10%	15.47%	14.49%	12.99%	8.19%
Free Cash Flow Margin	-	-32.07%	-5.22%	4.85%	-20.38%
EBITDA	341.95	317.44	251.72	196.01	116.73
EBITDA Margin	27.58%	28.54%	27.24%	25.72%	21.46%
D&A For EBITDA	128.53	128.53	118.21	110.13	74.21
EBIT	213.42	188.91	133.52	85.88	42.52
EBIT Margin	17.22%	16.98%	14.45%	11.27%	7.82%
Effective Tax Rate	12.23%	10.72%	11.14%	1.43%	16.79%
Revenue as Reported	-	1,112	924.16	762.15	543.91

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