Hangzhou Toka Ink 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	1,249	1,251	1,169	1,118	1,132
Other Revenue	-	18.47	21	21.26	16.4
Revenue	1,249	1,270	1,190	1,139	1,149
Revenue Growth (YoY)	-1.61%	6.75%	4.39%	-0.80%	16.37%
Cost of Revenue	1,132	940.6	904.89	929.82	902.17
Gross Profit	117.79	329.24	284.62	209.66	246.49
Selling, General & Admin	-	127.17	113.63	99.13	99.87
Research & Development	-	55.04	47.65	43.54	43.08
Other Operating Expenses	-	5.73	4.75	7.56	7.09
Operating Expenses	-	189.37	167.06	150.95	150.62
Operating Income	117.79	139.88	117.56	58.71	95.87
Interest Expense	-	-1.49	-1.06	-	-
Interest & Investment Income	-	21.31	21.46	21.08	28.86
Currency Exchange Gain (Loss)	-	0.12	0.02	0.62	-0.78
Other Non Operating Income (Expenses)	-0.51	-0.16	-0.09	0.16	-0.32
EBT Excluding Unusual Items	117.27	159.65	137.9	80.57	123.62
Impairment of Goodwill	-	-0.26	-0.23	-	-
Gain (Loss) on Sale of Assets	-	-0.23	-0.5	-0.05	-0.2
Other Unusual Items	-	1.48	2.7	6.27	4.44
Pretax Income	117.27	160.64	139.87	86.79	127.86
Income Tax Expense	8.77	19.87	15.24	7.61	14.96
Earnings From Continuing Operations	108.5	140.77	124.63	79.18	112.9
Minority Interest in Earnings	-	-1.73	-1.77	0.4	0.02
Net Income	108.5	139.04	122.86	79.57	112.91
Net Income to Common	108.5	139.04	122.86	79.57	112.91
Net Income Growth	-21.97%	13.18%	54.40%	-29.53%	3.34%
Shares Outstanding (Basic)	417	409	410	414	419
Shares Outstanding (Diluted)	417	409	410	414	419
Shares Change (YoY)	2.04%	-0.14%	-1.03%	-1.34%	35.82%
EPS (Basic)	0.26	0.34	0.30	0.19	0.27
EPS (Diluted)	0.26	0.34	0.30	0.19	0.27
EPS Growth	-23.53%	13.33%	56.01%	-28.57%	-23.91%
Free Cash Flow	-	102.64	150.24	125.45	99.39
Free Cash Flow Per Share	-	0.25	0.37	0.30	0.24
Dividend Per Share	-	0.200	-	0.123	0.154
Dividend Growth	-	-	-	-19.96%	81.80%
Gross Margin	9.43%	25.93%	23.93%	18.40%	21.46%
Operating Margin	9.43%	11.02%	9.88%	5.15%	8.35%
Profit Margin	8.68%	10.95%	10.33%	6.98%	9.83%
Free Cash Flow Margin	-	8.08%	12.63%	11.01%	8.65%
EBITDA	152.08	174.16	153.53	90.15	130.23
EBITDA Margin	12.17%	13.71%	12.91%	7.91%	11.34%
D&A For EBITDA	34.29	34.29	35.97	31.44	34.36
EBIT	117.79	139.88	117.56	58.71	95.87
EBIT Margin	9.43%	11.02%	9.88%	5.15%	8.35%
Effective Tax Rate	7.48%	12.37%	10.89%	8.77%	11.70%
Revenue as Reported	-	1,270	1,190	1,139	1,149
Advertising Expenses	-	0.62	0.59	0.35	0.44

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