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	3,525	3,262	2,176	1,485	1,765
Other Revenue	-	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	-	2,164	1,500	960.19	1,111
Gross Profit	3,525	1,099	675.97	524.61	653.95
Selling, General & Admin	-	146.61	122.71	122.14	87.85
Research & Development	-	617.39	549.92	439.78	289.19
Other Operating Expenses	2,936	15.63	6.71	0.83	1.28
Operating Expenses	2,936	779.34	680.75	562.17	380.68
Operating Income	588.32	319.86	-4.78	-37.57	273.27
Interest Expense	-	-1.25	-1.09	-2.38	-0.92
Interest & Investment Income	-	115.93	105.5	116.73	127.83
Currency Exchange Gain (Loss)	-	17.26	14.57	27.94	-10.81
Other Non Operating Income (Expenses)	0.31	-0.15	-0.06	-0.17	-0.24
EBT Excluding Unusual Items	588.63	451.65	114.13	104.55	389.13
Impairment of Goodwill	-	-	-10.56	-	-
Gain (Loss) on Sale of Investments	-	-3.22	-2.37	-4.68	14.07
Gain (Loss) on Sale of Assets	-	0.03	-0.01	-	0.01
Other Unusual Items	-	13.47	23.19	24.22	6.64
Pretax Income	588.63	461.93	124.38	124.09	409.84
Income Tax Expense	0.37	1.46	0.75	1.67	2.13
Net Income	588.26	460.47	123.63	122.42	407.72
Net Income to Common	588.26	460.47	123.63	122.42	407.72
Net Income Growth	27.75%	272.47%	0.98%	-69.97%	105.51%
Shares Outstanding (Basic)	169	167	167	168	168
Shares Outstanding (Diluted)	169	169	169	168	168
Shares Change (YoY)	-0.18%	-0.10%	0.36%	0.10%	33.52%
EPS (Basic)	3.49	2.76	0.74	0.73	2.43
EPS (Diluted)	3.49	2.73	0.73	0.73	2.42
EPS Growth	27.98%	272.83%	0.62%	-70.00%	53.92%
Free Cash Flow	-	408.78	276	-507.42	-182.34
Free Cash Flow Per Share	-	2.42	1.63	-3.01	-1.08
Dividend Per Share	-	1.400	0.114	-	0.243
Dividend Growth	-	1124.85%	-	-	102.42%
Gross Margin	100.00%	33.68%	31.06%	35.33%	37.04%
Operating Margin	16.69%	9.80%	-0.22%	-2.53%	15.48%
Profit Margin	16.69%	14.11%	5.68%	8.24%	23.10%
Free Cash Flow Margin	-	12.53%	12.68%	-34.17%	-10.33%
EBITDA	621.44	352.98	77.72	14.87	303.09
EBITDA Margin	17.63%	10.82%	3.57%	1.00%	17.17%
D&A For EBITDA	33.12	33.12	82.5	52.43	29.82
EBIT	588.32	319.86	-4.78	-37.57	273.27
EBIT Margin	16.69%	9.80%	-0.22%	-2.53%	15.48%
Effective Tax Rate	0.06%	0.32%	0.60%	1.35%	0.52%
Revenue as Reported	-	3,263	2,176	1,485	1,765

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