Bestechnic (Shanghai) 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	Mar '26 Mar 31, 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	3,197	3,523	3,262	2,176	1,485	1,765
Other Revenue	2.26	2.26	1.35	0.56	-	-
Revenue	3,199	3,525	3,263	2,176	1,485	1,765
Revenue Growth (YoY)	-11.24%	8.02%	49.94%	46.57%	-15.89%	66.36%
Cost of Revenue	1,965	2,193	2,164	1,500	960.19	1,111
Gross Profit	1,234	1,332	1,099	675.97	524.61	653.95
Selling, General & Admin	156.9	152.26	146.61	122.71	122.14	87.85
Research & Development	689.67	690.63	617.39	549.92	439.78	289.19
Other Operating Expenses	2.8	8.66	15.47	6.71	0.83	1.28
Operating Expenses	847.59	851.55	779.18	680.75	562.17	380.68
Operating Income	386.33	480.2	320.02	-4.78	-37.57	273.27
Interest Expense	-0.92	-1.03	-1.25	-1.09	-2.38	-0.92
Interest & Investment Income	141.48	129.11	115.93	105.5	116.73	127.83
Currency Exchange Gain (Loss)	-34.82	-34.82	17.26	14.57	27.94	-10.81
Other Non Operating Income (Expenses)	-29.96	-0.22	-0.15	-0.06	-0.17	-0.24
EBT Excluding Unusual Items	462.11	573.24	451.81	114.13	104.55	389.13
Impairment of Goodwill	-	-	-	-10.56	-	-
Gain (Loss) on Sale of Investments	5.41	6.05	-3.22	-2.37	-4.68	14.07
Gain (Loss) on Sale of Assets	0.19	0.19	0.03	-0.01	-	0.01
Asset Writedown	0.74	-	-	-	-	-
Other Unusual Items	16.1	15.79	13.31	23.19	24.22	6.64
Pretax Income	484.56	595.27	461.93	124.38	124.09	409.84
Income Tax Expense	-7.96	1.27	1.46	0.75	1.67	2.13
Net Income	492.52	594	460.47	123.63	122.42	407.72
Net Income to Common	492.52	594	460.47	123.63	122.42	407.72
Net Income Growth	-20.99%	29.00%	272.47%	0.98%	-69.97%	105.51%
Shares Outstanding (Basic)	168	168	167	167	168	168
Shares Outstanding (Diluted)	169	169	169	169	168	168
Shares Change (YoY)	-0.13%	0.05%	-0.17%	0.36%	0.10%	33.52%
EPS (Basic)	2.93	3.54	2.76	0.74	0.73	2.43
EPS (Diluted)	2.92	3.52	2.73	0.73	0.73	2.42
EPS Growth	-20.89%	28.93%	273.11%	0.62%	-70.00%	53.92%
Free Cash Flow	247.37	290.24	408.78	276	-507.42	-182.34
Free Cash Flow Per Share	1.47	1.72	2.42	1.63	-3.01	-1.08
Dividend Per Share	1.400	1.400	1.400	0.114	-	0.243
Dividend Growth	-	-	1124.85%	-	-	102.42%
Gross Margin	38.57%	37.78%	33.68%	31.06%	35.33%	37.04%
Operating Margin	12.07%	13.62%	9.81%	-0.22%	-2.53%	15.48%
Profit Margin	15.39%	16.85%	14.11%	5.68%	8.24%	23.10%
Free Cash Flow Margin	7.73%	8.23%	12.53%	12.68%	-34.17%	-10.33%
EBITDA	405.51	513.33	408.92	77.72	14.87	303.09
EBITDA Margin	12.68%	14.56%	12.53%	3.57%	1.00%	17.17%
D&A For EBITDA	19.19	33.13	88.9	82.5	52.43	29.82
EBIT	386.33	480.2	320.02	-4.78	-37.57	273.27
EBIT Margin	12.07%	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	3,199	3,525	3,263	2,176	1,485	1,765

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