Bestechnic (Shanghai) 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	3,523	3,262	2,176	1,485	1,765
Other Revenue	2.26	1.35	0.56	-	-
Revenue	3,525	3,263	2,176	1,485	1,765
Revenue Growth (YoY)	8.02%	49.94%	46.57%	-15.89%	66.36%
Cost of Revenue	2,193	2,164	1,500	960.19	1,111
Gross Profit	1,332	1,099	675.97	524.61	653.95
Selling, General & Admin	152.26	146.61	122.71	122.14	87.85
Research & Development	690.63	617.39	549.92	439.78	289.19
Other Operating Expenses	8.66	15.47	6.71	0.83	1.28
Operating Expenses	851.55	779.18	680.75	562.17	380.68
Operating Income	480.2	320.02	-4.78	-37.57	273.27
Interest Expense	-1.03	-1.25	-1.09	-2.38	-0.92
Interest & Investment Income	129.11	115.93	105.5	116.73	127.83
Currency Exchange Gain (Loss)	-34.82	17.26	14.57	27.94	-10.81
Other Non Operating Income (Expenses)	-0.22	-0.15	-0.06	-0.17	-0.24
EBT Excluding Unusual Items	573.24	451.81	114.13	104.55	389.13
Impairment of Goodwill	-	-	-10.56	-	-
Gain (Loss) on Sale of Investments	6.05	-3.22	-2.37	-4.68	14.07
Gain (Loss) on Sale of Assets	0.19	0.03	-0.01	-	0.01
Other Unusual Items	15.79	13.31	23.19	24.22	6.64
Pretax Income	595.27	461.93	124.38	124.09	409.84
Income Tax Expense	1.27	1.46	0.75	1.67	2.13
Net Income	594	460.47	123.63	122.42	407.72
Net Income to Common	594	460.47	123.63	122.42	407.72
Net Income Growth	29.00%	272.47%	0.98%	-69.97%	105.51%
Shares Outstanding (Basic)	168	167	167	168	168
Shares Outstanding (Diluted)	169	169	169	168	168
Shares Change (YoY)	0.05%	-0.17%	0.36%	0.10%	33.52%
EPS (Basic)	3.54	2.76	0.74	0.73	2.43
EPS (Diluted)	3.52	2.73	0.73	0.73	2.42
EPS Growth	28.93%	273.11%	0.62%	-70.00%	53.92%
Free Cash Flow	290.24	408.78	276	-507.42	-182.34
Free Cash Flow Per Share	1.72	2.42	1.63	-3.01	-1.08
Dividend Per Share	1.400	1.400	0.114	-	0.243
Dividend Growth	-	1124.85%	-	-	102.42%
Gross Margin	37.78%	33.68%	31.06%	35.33%	37.04%
Operating Margin	13.62%	9.81%	-0.22%	-2.53%	15.48%
Profit Margin	16.85%	14.11%	5.68%	8.24%	23.10%
Free Cash Flow Margin	8.23%	12.53%	12.68%	-34.17%	-10.33%
EBITDA	513.33	408.92	77.72	14.87	303.09
EBITDA Margin	14.56%	12.53%	3.57%	1.00%	17.17%
D&A For EBITDA	33.13	88.9	82.5	52.43	29.82
EBIT	480.2	320.02	-4.78	-37.57	273.27
EBIT Margin	13.62%	9.81%	-0.22%	-2.53%	15.48%
Effective Tax Rate	0.21%	0.32%	0.60%	1.35%	0.52%
Revenue as Reported	3,525	3,263	2,176	1,485	1,765

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