Baimtec Material 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	2,858	2,908	2,766	2,314	1,922
Other Revenue	-	23.68	36.96	21.51	25.24
Revenue	2,858	2,932	2,803	2,335	1,947
Revenue Growth (YoY)	-2.52%	4.62%	20.01%	19.95%	34.04%
Cost of Revenue	1,985	2,069	1,916	1,550	1,298
Gross Profit	873.19	863.34	886.38	785.19	649.23
Selling, General & Admin	118.63	94.89	96.67	81.39	64.12
Research & Development	216.28	242.19	203.89	187.1	127.76
Other Operating Expenses	8.77	3.7	4.73	3.18	4
Operating Expenses	343.68	382.44	309.28	275.83	218.96
Operating Income	529.51	480.9	577.11	509.36	430.27
Interest Expense	-	-7.48	-6.01	-7.61	-11.31
Interest & Investment Income	58.33	140.12	52.53	5.73	5.31
Currency Exchange Gain (Loss)	-	2.81	7.92	16.8	-2.07
Other Non Operating Income (Expenses)	19.04	-0	-0.25	-0.1	7.46
EBT Excluding Unusual Items	606.88	616.34	631.29	524.18	429.66
Gain (Loss) on Sale of Investments	-3.24	6.7	8.63	-	-
Gain (Loss) on Sale of Assets	-	-0.77	-0.83	0.08	0.15
Asset Writedown	-4.54	-	-	-	-1.06
Other Unusual Items	-	20.87	6.95	-35.82	-7.94
Pretax Income	599.11	643.14	646.04	488.45	420.81
Income Tax Expense	61.79	62.1	69.83	45.99	45.58
Earnings From Continuing Operations	537.32	581.04	576.21	442.46	375.24
Minority Interest in Earnings	-1.12	-	-	-	-
Net Income	536.2	581.04	576.21	442.46	375.24
Net Income to Common	536.2	581.04	576.21	442.46	375.24
Net Income Growth	-7.72%	0.84%	30.23%	17.91%	32.57%
Shares Outstanding (Basic)	451	450	397	360	361
Shares Outstanding (Diluted)	451	450	397	360	361
Shares Change (YoY)	0.04%	13.35%	10.47%	-0.30%	-
EPS (Basic)	1.19	1.29	1.45	1.23	1.04
EPS (Diluted)	1.19	1.29	1.45	1.23	1.04
EPS Growth	-7.75%	-11.03%	17.89%	18.27%	-
Free Cash Flow	125.95	-124.64	77.35	-18.68	122.95
Free Cash Flow Per Share	0.28	-0.28	0.20	-0.05	0.34
Dividend Per Share	-	0.482	0.477	-	0.056
Dividend Growth	-	1.05%	-	-	-
Gross Margin	30.55%	29.44%	31.63%	33.62%	33.35%
Operating Margin	18.53%	16.40%	20.59%	21.81%	22.10%
Profit Margin	18.76%	19.82%	20.56%	18.95%	19.27%
Free Cash Flow Margin	4.41%	-4.25%	2.76%	-0.80%	6.31%
EBITDA	609.11	545.73	646.53	569.37	457.5
EBITDA Margin	21.31%	18.61%	23.07%	24.38%	23.50%
D&A For EBITDA	79.6	64.83	69.43	60.01	27.23
EBIT	529.51	480.9	577.11	509.36	430.27
EBIT Margin	18.53%	16.40%	20.59%	21.81%	22.10%
Effective Tax Rate	10.31%	9.65%	10.81%	9.42%	10.83%
Revenue as Reported	-	2,932	2,803	2,335	1,947

Source: S&P Global Market Intelligence. Standard template. Financial Sources.