Novogene 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	Jun '26 Jun 30, 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	2,276	2,202	2,104	1,998	1,925	1,864
Other Revenue	7.23	7.23	7.11	4.61	0.86	2.73
Revenue	2,283	2,210	2,111	2,002	1,926	1,866
Revenue Growth	5.97%	4.66%	5.46%	3.97%	3.17%	25.26%
Cost of Revenue	1,304	1,272	1,194	1,150	1,077	1,072
Gross Profit	979.81	937.85	917.55	852.43	849.07	793.9
Selling, General & Admin	614.15	588.85	564.3	556.7	503.88	423.81
Research & Development	187.04	159.93	131.45	124.18	125.57	145.29
Other Operating Expenses	3.73	3.66	3.69	-21.05	-8.7	-25.3
Operating Expenses	851.32	798.84	721.99	675.46	648.03	563.57
Operating Income	128.49	139.01	195.57	176.97	201.04	230.33
Interest Expense	-1.84	-1.84	-1.3	-2.13	-2.15	-2.92
Interest & Investment Income	25.33	27.92	31.41	27.47	11.89	8.27
Currency Exchange Gain (Loss)	10.33	10.33	2.61	13.21	11.78	-6.47
Other Non Operating Income (Expenses)	-7.16	-2.19	-0.94	-2.31	-4.36	-2.72
EBT Excluding Unusual Items	155.15	173.23	227.35	213.22	218.21	226.49
Gain (Loss) on Sale of Investments	14.25	15.56	14.46	-2.25	-6.39	23.33
Gain (Loss) on Sale of Assets	0.1	0.14	-2.08	-2.31	-5.3	-3.58
Asset Writedown	0.12	-	-9.15	-	-8.46	0.03
Other Unusual Items	3.98	3.98	-5.86	3.98	10.51	0.18
Pretax Income	173.61	192.91	224.73	212.63	208.56	246.46
Income Tax Expense	17.72	21.43	20.89	29.41	27.02	17.58
Earnings From Continuing Operations	155.89	171.48	203.84	183.22	181.53	228.89
Minority Interest in Earnings	-4.55	-4.54	-7.05	-5.17	-4.3	-3.69
Net Income	151.34	166.95	196.79	178.06	177.23	225.2
Net Income to Common	151.34	166.95	196.79	178.06	177.23	225.2
Net Income Growth	-23.41%	-15.16%	10.52%	0.47%	-21.30%	516.32%
Shares Outstanding (Basic)	397	407	410	405	403	387
Shares Outstanding (Diluted)	397	407	410	405	403	387
Shares Change	-3.60%	-0.68%	1.31%	0.47%	4.14%	5.86%
EPS (Basic)	0.38	0.41	0.48	0.44	0.44	0.58
EPS (Diluted)	0.38	0.41	0.48	0.44	0.44	0.58
EPS Growth	-20.55%	-14.58%	9.09%	0%	-24.14%	480.00%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	219.23	112.72	202.97	217.5	86.73	181.47
Free Cash Flow Per Share	0.55	0.28	0.49	0.54	0.21	0.47
Dividend Per Share	0.045	0.045	0.050	0.048	0.047	0.060
Dividend Growth	-10.00%	-10.00%	5.26%	1.06%	-21.67%	-
Gross Margin	42.91%	42.44%	43.46%	42.58%	44.09%	42.54%
Operating Margin	5.63%	6.29%	9.26%	8.84%	10.44%	12.34%
Profit Margin	6.63%	7.56%	9.32%	8.89%	9.20%	12.07%
Free Cash Flow Margin	9.60%	5.10%	9.61%	10.86%	4.50%	9.72%
EBITDA	241.82	261.57	334.26	304.4	313.1	347.24
EBITDA Margin	10.59%	11.84%	15.83%	15.20%	16.26%	18.61%
D&A For EBITDA	113.32	122.56	138.7	127.43	112.05	116.91
EBIT	128.49	139.01	195.57	176.97	201.04	230.33
EBIT Margin	5.63%	6.29%	9.26%	8.84%	10.44%	12.34%
Effective Tax Rate	10.21%	11.11%	9.30%	13.83%	12.96%	7.13%
Revenue as Reported	2,210	2,210	2,111	2,002	1,926	1,866
Advertising Expenses	-	88.97	68.06	59.97	28.59	20.02