Shenzhen Longtu Photomask 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	246.66	246.5	218.29	161.54	113.69
Other Revenue	-	-	-	0	0
Revenue	246.66	246.5	218.29	161.54	113.69
Revenue Growth (YoY)	0.06%	12.92%	35.13%	42.09%	115.77%
Cost of Revenue	134.87	106.05	90	63.1	45.8
Gross Profit	111.79	140.46	128.29	98.44	67.89
Selling, General & Admin	23.81	19.93	17.96	14.18	9.32
Research & Development	27.38	23.05	20.18	15.33	9.32
Other Operating Expenses	-0.36	-0.84	0.32	0.57	0.34
Operating Expenses	50.82	42.39	38.8	30.71	19.59
Operating Income	60.97	98.07	89.5	67.74	48.3
Interest Expense	-	-0.07	-	-0.81	-0.92
Interest & Investment Income	0.24	3.41	4.15	1.36	0.01
Currency Exchange Gain (Loss)	-	-0.59	-0.11	0.15	0.32
Other Non Operating Income (Expenses)	-1.26	-0.28	-0.33	-0.3	-0.47
EBT Excluding Unusual Items	59.95	100.54	93.2	68.13	47.24
Gain (Loss) on Sale of Investments	1.91	0.41	-	-	-
Gain (Loss) on Sale of Assets	0	-0	-0.16	-0.02	-
Asset Writedown	-4.22	-	-	-0.01	-0.56
Other Unusual Items	-	1.06	2.22	3.5	0.29
Pretax Income	57.64	102.01	95.26	71.6	46.98
Income Tax Expense	1.55	10.18	11.65	7.12	5.81
Net Income	56.09	91.83	83.61	64.48	41.16
Net Income to Common	56.09	91.83	83.61	64.48	41.16
Net Income Growth	-38.92%	9.84%	29.66%	56.65%	184.31%
Shares Outstanding (Basic)	134	111	100	96	22
Shares Outstanding (Diluted)	134	111	100	96	22
Shares Change (YoY)	20.70%	11.16%	3.42%	345.56%	116.00%
EPS (Basic)	0.42	0.83	0.84	0.67	1.91
EPS (Diluted)	0.42	0.83	0.84	0.67	1.91
EPS Growth	-49.40%	-1.19%	25.37%	-64.84%	31.62%
Free Cash Flow	-292.1	-381.46	-29.87	-46.52	-6.24
Free Cash Flow Per Share	-2.19	-3.45	-0.30	-0.48	-0.29
Dividend Per Share	-	0.400	-	-	-
Gross Margin	45.32%	56.98%	58.77%	60.94%	59.72%
Operating Margin	24.72%	39.78%	41.00%	41.93%	42.49%
Profit Margin	22.74%	37.25%	38.30%	39.92%	36.21%
Free Cash Flow Margin	-118.42%	-154.75%	-13.68%	-28.80%	-5.49%
EBITDA	94.86	114.83	106.04	79.23	53.97
EBITDA Margin	38.46%	46.58%	48.58%	49.04%	47.47%
D&A For EBITDA	33.89	16.76	16.54	11.49	5.67
EBIT	60.97	98.07	89.5	67.74	48.3
EBIT Margin	24.72%	39.78%	41.00%	41.93%	42.49%
Effective Tax Rate	2.69%	9.98%	12.23%	9.94%	12.37%
Revenue as Reported	-	246.5	218.29	-	-
Advertising Expenses	-	0.75	-	-	-

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