CETC Lantian Technology 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	3,116	3,019	3,498	2,492
Other Revenue	107.98	107.98	25.79	28.99
Revenue	3,224	3,127	3,524	2,521
Revenue Growth (YoY)	-	-11.27%	39.78%	-
Cost of Revenue	2,442	2,349	2,823	1,924
Gross Profit	781.63	778.42	700.85	596.82
Selling, General & Admin	218.01	217.71	228.18	191.88
Research & Development	165.33	199	228.45	161.56
Other Operating Expenses	43.05	-15.97	11.65	16.45
Operating Expenses	501.7	462.46	561.81	406.87
Operating Income	279.94	315.96	139.04	189.95
Interest Expense	-5.01	-4.84	-5.08	-6.36
Interest & Investment Income	24.95	34.08	36.5	35.92
Currency Exchange Gain (Loss)	-0.15	0.12	0.11	0.89
Other Non Operating Income (Expenses)	0.05	-6.74	-1.02	-1.97
EBT Excluding Unusual Items	299.77	338.58	169.55	218.45
Gain (Loss) on Sale of Investments	0.35	7	6.12	1.19
Gain (Loss) on Sale of Assets	0.29	0.05	0.01	0.01
Asset Writedown	-0.03	-0.03	-0.01	-0.02
Other Unusual Items	82.27	31.76	47.03	20.34
Pretax Income	382.65	377.36	222.7	239.96
Income Tax Expense	41.72	38.64	33.02	25.09
Earnings From Continuing Operations	340.93	338.72	189.68	214.88
Minority Interest in Earnings	5.48	-0.56	-0.21	-6.27
Net Income	346.41	338.17	189.47	208.61
Net Income to Common	346.41	338.17	189.47	208.61
Net Income Growth	-	78.48%	-9.18%	-
Shares Outstanding (Basic)	1,563	1,563	1,563	1,564
Shares Outstanding (Diluted)	1,563	1,563	1,563	1,564
Shares Change (YoY)	-	0.01%	-0.03%	-
EPS (Basic)	0.22	0.22	0.12	0.13
EPS (Diluted)	0.22	0.22	0.12	0.13
EPS Growth	-	78.46%	-9.14%	-
Free Cash Flow	-436.41	-45.51	-702.69	167.03
Free Cash Flow Per Share	-0.28	-0.03	-0.45	0.11
Gross Margin	24.24%	24.89%	19.89%	23.67%
Operating Margin	8.68%	10.10%	3.94%	7.53%
Profit Margin	10.75%	10.81%	5.38%	8.28%
Free Cash Flow Margin	-13.54%	-1.46%	-19.94%	6.63%
EBITDA	363.42	378.37	177.32	210.56
EBITDA Margin	11.27%	12.10%	5.03%	8.35%
D&A For EBITDA	83.48	62.4	38.28	20.61
EBIT	279.94	315.96	139.04	189.95
EBIT Margin	8.68%	10.10%	3.94%	7.53%
Effective Tax Rate	10.90%	10.24%	14.83%	10.45%
Revenue as Reported	3,224	3,127	3,524	2,521
Advertising Expenses	-	0.11	0.01	0.06

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