ASR Microelectronics 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	3,817	3,386	2,599	2,140	2,136
Other Revenue	-	0.21	0.58	0.19	1.1
Revenue	3,817	3,386	2,600	2,140	2,137
Revenue Growth (YoY)	12.73%	30.23%	21.48%	0.15%	97.69%
Cost of Revenue	-	2,688	2,013	1,395	1,563
Gross Profit	3,817	697.49	586.76	745.24	574.11
Selling, General & Admin	-	170.68	151.53	158.15	136.21
Research & Development	-	1,242	1,116	1,006	1,028
Other Operating Expenses	4,172	-0.1	3.1	1.05	0.43
Operating Expenses	4,172	1,424	1,271	1,165	1,165
Operating Income	-355.01	-726.74	-684.11	-419.64	-591.36
Interest Expense	-	-4.11	-2.38	-7.8	-6.38
Interest & Investment Income	-	82.93	95.27	142.03	8.93
Currency Exchange Gain (Loss)	-	8.88	2.98	3.72	-4.58
Other Non Operating Income (Expenses)	0.44	-6.1	-0.05	-0.31	-0.2
EBT Excluding Unusual Items	-354.57	-645.14	-588.29	-282	-593.59
Impairment of Goodwill	-	-	-0.87	-	-
Gain (Loss) on Sale of Investments	-	-69.31	40.44	17.52	-
Gain (Loss) on Sale of Assets	-	-0.13	-0.74	-0.07	-0.76
Asset Writedown	-	-	-0.22	-0.02	-0.5
Legal Settlements	-	-	24.41	-	-24.41
Other Unusual Items	-	52.79	38.61	16.25	24.03
Pretax Income	-354.57	-661.79	-486.66	-248.31	-595.23
Income Tax Expense	39.44	31.22	19.17	3.2	-5.84
Net Income	-394.02	-693.01	-505.82	-251.51	-589.39
Net Income to Common	-394.02	-693.01	-505.82	-251.51	-589.39
Shares Outstanding (Basic)	406	408	415	412	375
Shares Outstanding (Diluted)	406	408	415	412	375
Shares Change (YoY)	-0.36%	-1.68%	0.56%	9.83%	12.31%
EPS (Basic)	-0.97	-1.70	-1.22	-0.61	-1.57
EPS (Diluted)	-0.97	-1.70	-1.22	-0.61	-1.57
Free Cash Flow	-	-658.06	-800.26	-473.33	-862.92
Free Cash Flow Per Share	-	-1.61	-1.93	-1.15	-2.30
Gross Margin	100.00%	20.60%	22.57%	34.82%	26.87%
Operating Margin	-9.30%	-21.46%	-26.31%	-19.61%	-27.67%
Profit Margin	-10.32%	-20.47%	-19.45%	-11.75%	-27.58%
Free Cash Flow Margin	-	-19.44%	-30.78%	-22.12%	-40.38%
EBITDA	-187.91	-559.64	-518.02	-253.77	-434.07
EBITDA Margin	-4.92%	-16.53%	-19.92%	-11.86%	-20.31%
D&A For EBITDA	167.1	167.1	166.09	165.87	157.29
EBIT	-355.01	-726.74	-684.11	-419.64	-591.36
EBIT Margin	-9.30%	-21.46%	-26.31%	-19.61%	-27.67%
Revenue as Reported	-	3,386	2,600	2,140	2,137

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