Shenzhen Longtu Photomask Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	242.79	246.5	218.29	161.54	113.69	52.69
Other Revenue	-	-	-	0	0	0
Revenue	242.79	246.5	218.29	161.54	113.69	52.69
Revenue Growth (YoY)	-0.47%	12.92%	35.13%	42.09%	115.77%	-
Cost of Revenue	121.47	106.05	90	63.1	45.8	24.13
Gross Profit	121.32	140.46	128.29	98.44	67.89	28.56
Selling, General & Admin	20.89	19.93	17.96	14.18	9.32	6.34
Research & Development	26.12	23.05	20.18	15.33	9.32	5.6
Other Operating Expenses	-0.23	-0.84	0.32	0.57	0.34	0.29
Operating Expenses	46.96	42.39	38.8	30.71	19.59	12.54
Operating Income	74.36	98.07	89.5	67.74	48.3	16.02
Interest Expense	-0.1	-0.07	-	-0.81	-0.92	-
Interest & Investment Income	2.23	3.41	4.15	1.36	0.01	0.04
Currency Exchange Gain (Loss)	-0.59	-0.59	-0.11	0.15	0.32	-0.14
Other Non Operating Income (Expenses)	-1.2	-0.28	-0.33	-0.3	-0.47	-0.02
EBT Excluding Unusual Items	74.7	100.54	93.2	68.13	47.24	15.91
Gain (Loss) on Sale of Investments	1.86	0.41	-	-	-	-
Gain (Loss) on Sale of Assets	0	-0	-0.16	-0.02	-	0.01
Asset Writedown	0.05	-	-	-0.01	-0.56	-0.02
Other Unusual Items	1.06	1.06	2.22	3.5	0.29	0.41
Pretax Income	77.67	102.01	95.26	71.6	46.98	16.3
Income Tax Expense	5.62	10.18	11.65	7.12	5.81	1.82
Net Income	72.05	91.83	83.61	64.48	41.16	14.48
Net Income to Common	72.05	91.83	83.61	64.48	41.16	14.48
Net Income Growth	-22.21%	9.84%	29.66%	56.65%	184.31%	-
Shares Outstanding (Basic)	132	111	100	96	22	10
Shares Outstanding (Diluted)	132	111	100	96	22	10
Shares Change (YoY)	30.29%	11.16%	3.42%	345.56%	116.00%	-
EPS (Basic)	0.54	0.83	0.84	0.67	1.91	1.45
EPS (Diluted)	0.54	0.83	0.84	0.67	1.91	1.45
EPS Growth	-40.29%	-1.19%	25.37%	-64.84%	31.62%	-
Free Cash Flow	-374.64	-381.46	-29.87	-46.52	-6.24	-18.26
Free Cash Flow Per Share	-2.83	-3.45	-0.30	-0.48	-0.29	-1.83
Dividend Per Share	0.400	0.400	-	-	-	-
Gross Margin	49.97%	56.98%	58.77%	60.94%	59.72%	54.20%
Operating Margin	30.63%	39.78%	41.00%	41.93%	42.49%	30.41%
Profit Margin	29.68%	37.25%	38.30%	39.92%	36.21%	27.48%
Free Cash Flow Margin	-154.30%	-154.75%	-13.68%	-28.80%	-5.49%	-34.66%
EBITDA	91.28	114.83	106.04	79.23	53.97	18.73
EBITDA Margin	37.60%	46.58%	48.58%	49.04%	47.47%	35.55%
D&A For EBITDA	16.92	16.76	16.54	11.49	5.67	2.71
EBIT	74.36	98.07	89.5	67.74	48.3	16.02
EBIT Margin	30.63%	39.78%	41.00%	41.93%	42.49%	30.41%
Effective Tax Rate	7.23%	9.98%	12.23%	9.94%	12.37%	11.18%
Revenue as Reported	242.79	246.5	218.29	-	-	-
Advertising Expenses	-	0.75	-	-	-	-

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