Yunding 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,380	1,346	1,133	1,086	508.21	2,146
Other Revenue	4.69	4.69	8.07	5.54	-	17.92
Revenue	1,385	1,351	1,141	1,091	508.21	2,163
Revenue Growth (YoY)	9.15%	18.35%	4.62%	114.69%	-76.51%	-13.01%
Cost of Revenue	947.2	908.04	705.5	751.07	288.5	1,946
Gross Profit	437.32	442.82	435.94	340.01	219.71	217.44
Selling, General & Admin	226.1	222.21	195.44	166.37	110.98	131.36
Research & Development	85.8	88.8	77.85	64.9	32.04	11.88
Other Operating Expenses	16.59	8.74	8.41	8.96	5.41	7.44
Operating Expenses	344.37	330.52	305.65	258.86	168.12	157.84
Operating Income	92.94	112.3	130.29	81.16	51.59	59.6
Interest Expense	-0.33	-0.43	-0.35	-7.24	-5.77	-46.57
Interest & Investment Income	9.92	22.91	10.71	5.49	2.57	85.83
Currency Exchange Gain (Loss)	-	-	-	-	-	0.35
Other Non Operating Income (Expenses)	-5.87	-5.58	-10.65	-5.8	-2.33	31.06
EBT Excluding Unusual Items	96.66	129.21	130	73.6	46.06	130.27
Gain (Loss) on Sale of Investments	-	-	-	-	0.38	0.26
Gain (Loss) on Sale of Assets	-	0.01	0.05	-	0.03	-
Asset Writedown	0.86	-	-	-	-	-0.03
Legal Settlements	-	-	-	-	-	-6.7
Other Unusual Items	14.28	11.67	2.18	4.61	2.84	2.61
Pretax Income	111.8	140.89	132.22	78.21	49.31	126.41
Income Tax Expense	14.97	13.75	18.71	17.05	14.42	27
Earnings From Continuing Operations	96.82	127.13	113.51	61.16	34.89	99.41
Minority Interest in Earnings	-34.21	-34.39	-51.73	-36.06	-17.3	-25.56
Net Income	62.61	92.74	61.78	25.1	17.6	73.85
Net Income to Common	62.61	92.74	61.78	25.1	17.6	73.85
Net Income Growth	-40.45%	50.11%	146.17%	42.63%	-76.17%	-
Shares Outstanding (Basic)	664	664	664	536	512	511
Shares Outstanding (Diluted)	670	667	664	536	512	511
Shares Change (YoY)	0.60%	0.36%	23.88%	4.84%	0.10%	0.03%
EPS (Basic)	0.09	0.14	0.09	0.05	0.03	0.14
EPS (Diluted)	0.09	0.14	0.09	0.05	0.03	0.14
EPS Growth	-40.80%	49.57%	98.72%	36.05%	-76.19%	-
Free Cash Flow	-12.55	178.55	83.92	108	-22.75	-163.69
Free Cash Flow Per Share	-0.02	0.27	0.13	0.20	-0.04	-0.32
Gross Margin	31.59%	32.78%	38.19%	31.16%	43.23%	10.05%
Operating Margin	6.71%	8.31%	11.41%	7.44%	10.15%	2.76%
Profit Margin	4.52%	6.87%	5.41%	2.30%	3.46%	3.41%
Free Cash Flow Margin	-0.91%	13.22%	7.35%	9.90%	-4.48%	-7.57%
EBITDA	114.61	133.01	149.72	93.02	60.1	89.16
EBITDA Margin	8.28%	9.85%	13.12%	8.53%	11.83%	4.12%
D&A For EBITDA	21.66	20.71	19.43	11.86	8.51	29.56
EBIT	92.94	112.3	130.29	81.16	51.59	59.6
EBIT Margin	6.71%	8.31%	11.41%	7.44%	10.15%	2.76%
Effective Tax Rate	13.39%	9.76%	14.15%	21.80%	29.24%	21.36%
Revenue as Reported	1,385	1,351	1,141	1,091	508.21	2,163
Advertising Expenses	-	7.7	5.07	1.47	0.38	1.05

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