Wintech Nano (Suzhou) 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	529.53	415.09	393.63	286.88	167.53
Other Revenue	-	0.18	0.36	0.33	0.04
Revenue	529.53	415.27	393.98	287.21	167.58
Revenue Growth (YoY)	27.51%	5.40%	37.18%	71.39%	39.09%
Cost of Revenue	-	220.85	180.13	132.58	76.4
Gross Profit	529.53	194.42	213.86	154.63	91.17
Selling, General & Admin	-	62.8	62.63	52.86	41.37
Research & Development	-	45.8	42.56	36.22	22.54
Other Operating Expenses	466.11	-7.69	-13.35	0.34	0.12
Operating Expenses	466.11	102.37	92.01	91.26	65.03
Operating Income	63.42	92.05	121.85	63.37	26.15
Interest Expense	-	-12.19	-15.41	-11.45	-6.62
Interest & Investment Income	-	1.84	5.95	7.69	1.61
Currency Exchange Gain (Loss)	-	-2	-0.66	-6.06	1.69
Other Non Operating Income (Expenses)	-0.5	0.54	0.71	0.54	-0.11
EBT Excluding Unusual Items	62.92	80.24	112.45	54.1	22.72
Gain (Loss) on Sale of Investments	-	0.16	-1.73	1.73	0.17
Gain (Loss) on Sale of Assets	-	-0.42	0.59	-0.1	-
Asset Writedown	-	-0.09	-	-0.02	-0
Other Unusual Items	-	9.8	-0.85	8.05	4
Pretax Income	62.92	89.69	110.46	63.76	26.89
Income Tax Expense	0.63	8.51	11.92	-1.83	-0.61
Net Income	62.29	81.18	98.54	65.59	27.5
Net Income to Common	62.29	81.18	98.54	65.59	27.5
Net Income Growth	-23.27%	-17.61%	50.24%	138.47%	45.60%
Shares Outstanding (Basic)	389	363	365	364	344
Shares Outstanding (Diluted)	389	363	365	364	344
Shares Change (YoY)	7.26%	-0.54%	0.16%	5.98%	-
EPS (Basic)	0.16	0.22	0.27	0.18	0.08
EPS (Diluted)	0.16	0.22	0.27	0.18	0.08
EPS Growth	-27.27%	-18.52%	50.00%	125.00%	-
Free Cash Flow	-	-171.15	-96.23	-142.02	-135
Free Cash Flow Per Share	-	-0.47	-0.26	-0.39	-0.39
Dividend Per Share	-	0.149	-	-	-
Gross Margin	100.00%	46.82%	54.28%	53.84%	54.41%
Operating Margin	11.98%	22.17%	30.93%	22.06%	15.60%
Profit Margin	11.76%	19.55%	25.01%	22.84%	16.41%
Free Cash Flow Margin	-	-41.21%	-24.43%	-49.45%	-80.56%
EBITDA	152.58	181.2	191.65	109.57	44.49
EBITDA Margin	28.81%	43.64%	48.64%	38.15%	26.55%
D&A For EBITDA	89.16	89.16	69.8	46.2	18.35
EBIT	63.42	92.05	121.85	63.37	26.15
EBIT Margin	11.98%	22.17%	30.93%	22.06%	15.60%
Effective Tax Rate	1.00%	9.49%	10.79%	-	-
Advertising Expenses	-	1.3	1.45	0.9	0.75

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