Yunding Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,448	1,522	1,346	1,133	1,086	508.21
Other Revenue	4.86	4.86	4.69	8.07	5.54	-
Revenue	1,453	1,527	1,351	1,141	1,091	508.21
Revenue Growth (YoY)	14.28%	13.05%	18.35%	4.62%	114.69%	-76.51%
Cost of Revenue	990.65	1,061	908.04	705.5	751.07	288.5
Gross Profit	461.9	465.68	442.82	435.94	340.01	219.71
Selling, General & Admin	209.87	209.99	222.21	195.44	166.37	110.98
Research & Development	113.96	104.58	88.8	77.85	64.9	32.04
Other Operating Expenses	2.58	6.97	8.74	8.41	8.96	5.41
Operating Expenses	357.64	352.76	330.52	305.65	258.86	168.12
Operating Income	104.27	112.92	112.3	130.29	81.16	51.59
Interest Expense	-0.13	-0.13	-0.43	-0.35	-7.24	-5.77
Interest & Investment Income	8.74	8.74	22.91	10.71	5.49	2.57
Other Non Operating Income (Expenses)	-0.82	-0.72	-5.58	-10.65	-5.8	-2.33
EBT Excluding Unusual Items	112.06	120.81	129.21	130	73.6	46.06
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.38
Gain (Loss) on Sale of Assets	-0	-0	0.01	0.05	-	0.03
Asset Writedown	-1.19	-	-	-	-	-
Other Unusual Items	7.89	7.89	11.67	2.18	4.61	2.84
Pretax Income	118.76	128.7	140.89	132.22	78.21	49.31
Income Tax Expense	14.78	14.28	13.75	18.71	17.05	14.42
Earnings From Continuing Operations	103.98	114.42	127.13	113.51	61.16	34.89
Minority Interest in Earnings	-33.29	-32.01	-34.39	-51.73	-36.06	-17.3
Net Income	70.7	82.41	92.74	61.78	25.1	17.6
Net Income to Common	70.7	82.41	92.74	61.78	25.1	17.6
Net Income Growth	-8.28%	-11.15%	50.11%	146.17%	42.63%	-76.17%
Shares Outstanding (Basic)	665	664	664	664	536	512
Shares Outstanding (Diluted)	673	672	667	664	536	512
Shares Change (YoY)	1.27%	0.73%	0.36%	23.88%	4.84%	0.10%
EPS (Basic)	0.11	0.12	0.14	0.09	0.05	0.03
EPS (Diluted)	0.11	0.12	0.14	0.09	0.05	0.03
EPS Growth	-9.43%	-11.79%	49.57%	98.72%	36.05%	-76.19%
Free Cash Flow	46.02	-4.1	178.55	83.92	108	-22.75
Free Cash Flow Per Share	0.07	-0.01	0.27	0.13	0.20	-0.04
Gross Margin	31.80%	30.49%	32.78%	38.19%	31.16%	43.23%
Operating Margin	7.18%	7.39%	8.31%	11.41%	7.44%	10.15%
Profit Margin	4.87%	5.40%	6.87%	5.41%	2.30%	3.46%
Free Cash Flow Margin	3.17%	-0.27%	13.22%	7.35%	9.90%	-4.48%
EBITDA	125.63	134.27	133.6	149.72	93.02	60.1
EBITDA Margin	8.65%	8.79%	9.89%	13.12%	8.53%	11.83%
D&A For EBITDA	21.37	21.35	21.3	19.43	11.86	8.51
EBIT	104.27	112.92	112.3	130.29	81.16	51.59
EBIT Margin	7.18%	7.39%	8.31%	11.41%	7.44%	10.15%
Effective Tax Rate	12.44%	11.10%	9.76%	14.15%	21.80%	29.24%
Revenue as Reported	1,527	1,527	1,351	1,141	1,091	508.21
Advertising Expenses	-	6.69	7.7	5.07	1.47	0.38

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