Yunding Technology 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	1,527	1,346	1,133	1,086	508.21
Other Revenue	-	4.69	8.07	5.54	-
Revenue	1,527	1,351	1,141	1,091	508.21
Revenue Growth (YoY)	13.05%	18.35%	4.62%	114.69%	-76.51%
Cost of Revenue	1,061	908.04	705.5	751.07	288.5
Gross Profit	465.89	442.82	435.94	340.01	219.71
Selling, General & Admin	209.99	222.21	195.44	166.37	110.98
Research & Development	104.58	88.8	77.85	64.9	32.04
Other Operating Expenses	1.69	8.74	8.41	8.96	5.41
Operating Expenses	316.26	330.52	305.65	258.86	168.12
Operating Income	149.63	112.3	130.29	81.16	51.59
Interest Expense	-	-0.43	-0.35	-7.24	-5.77
Interest & Investment Income	-	22.91	10.71	5.49	2.57
Other Non Operating Income (Expenses)	-19.9	-5.58	-10.65	-5.8	-2.33
EBT Excluding Unusual Items	129.73	129.21	130	73.6	46.06
Gain (Loss) on Sale of Investments	-	-	-	-	0.38
Gain (Loss) on Sale of Assets	-0	0.01	0.05	-	0.03
Asset Writedown	-1.02	-	-	-	-
Other Unusual Items	-	11.67	2.18	4.61	2.84
Pretax Income	128.7	140.89	132.22	78.21	49.31
Income Tax Expense	14.28	13.75	18.71	17.05	14.42
Earnings From Continuing Operations	114.42	127.13	113.51	61.16	34.89
Minority Interest in Earnings	-32.01	-34.39	-51.73	-36.06	-17.3
Net Income	82.41	92.74	61.78	25.1	17.6
Net Income to Common	82.41	92.74	61.78	25.1	17.6
Net Income Growth	-11.15%	50.11%	146.17%	42.63%	-76.17%
Shares Outstanding (Basic)	664	664	664	536	512
Shares Outstanding (Diluted)	672	667	664	536	512
Shares Change (YoY)	0.73%	0.36%	23.88%	4.84%	0.10%
EPS (Basic)	0.12	0.14	0.09	0.05	0.03
EPS (Diluted)	0.12	0.14	0.09	0.05	0.03
EPS Growth	-11.79%	49.57%	98.72%	36.05%	-76.19%
Free Cash Flow	-4.1	178.55	83.92	108	-22.75
Free Cash Flow Per Share	-0.01	0.27	0.13	0.20	-0.04
Gross Margin	30.51%	32.78%	38.19%	31.16%	43.23%
Operating Margin	9.80%	8.31%	11.41%	7.44%	10.15%
Profit Margin	5.40%	6.87%	5.41%	2.30%	3.46%
Free Cash Flow Margin	-0.27%	13.22%	7.35%	9.90%	-4.48%
EBITDA	171.56	133.01	149.72	93.02	60.1
EBITDA Margin	11.23%	9.85%	13.12%	8.53%	11.83%
D&A For EBITDA	21.92	20.71	19.43	11.86	8.51
EBIT	149.63	112.3	130.29	81.16	51.59
EBIT Margin	9.80%	8.31%	11.41%	7.44%	10.15%
Effective Tax Rate	11.10%	9.76%	14.15%	21.80%	29.24%
Revenue as Reported	-	1,351	1,141	1,091	508.21
Advertising Expenses	-	7.7	5.07	1.47	0.38

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