Norsyn Crop 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	Sep '26 Sep 30, 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	781.45	764.83	642.05	602.34	626.29	541.37
Other Revenue	5.03	5.03	7.22	3.36	7.57	2.9
Revenue	786.48	769.86	649.27	605.7	633.86	544.28
Revenue Growth	8.86%	18.57%	7.19%	-4.44%	16.46%	13.48%
Cost of Revenue	574.81	556.05	436.52	410.82	422.52	354.58
Gross Profit	211.67	213.81	212.75	194.88	211.34	189.69
Selling, General & Admin	111.52	110.37	112.7	107.99	93.05	81.86
Research & Development	35.61	33.08	40.61	39.64	29.79	17.71
Other Operating Expenses	-0.49	0.77	1.82	0.78	1.71	1.88
Operating Expenses	144.47	144.8	156.16	148.79	124.31	101.43
Operating Income	67.2	69.01	56.59	46.09	87.04	88.26
Interest Expense	-0.98	-3.94	-1.64	-1.77	-0.68	-0.84
Interest & Investment Income	2.99	7.05	11.47	10.14	5.66	3.64
Currency Exchange Gain (Loss)	-0.29	-0.29	0.11	0.01	0.12	-0.11
Other Non Operating Income (Expenses)	-3.2	-0.24	-0.19	-0.34	-0.37	-0.72
EBT Excluding Unusual Items	65.73	71.6	66.34	54.13	91.77	90.24
Gain (Loss) on Sale of Investments	4.04	2.36	0.57	-	-	-
Gain (Loss) on Sale of Assets	-0.09	-0.09	0.02	-	-0.04	0.04
Asset Writedown	-0.78	-0.14	-0.84	-0.23	-0.58	-0.32
Other Unusual Items	1.95	1.51	1.27	4.41	16.22	5.18
Pretax Income	70.85	75.24	67.37	58.3	107.36	95.14
Income Tax Expense	14.94	12.75	10.96	9.38	15.13	13.51
Earnings From Continuing Operations	55.91	62.49	56.41	48.92	92.23	81.63
Minority Interest in Earnings	4.73	4.14	3.52	3.39	1.52	0.89
Net Income	60.64	66.63	59.92	52.31	93.76	82.51
Net Income to Common	60.64	66.63	59.92	52.31	93.76	82.51
Net Income Growth	-6.13%	11.20%	14.56%	-44.21%	13.62%	21.11%
Shares Outstanding (Basic)	98	98	100	101	83	75
Shares Outstanding (Diluted)	98	98	100	101	83	75
Shares Change	-1.29%	-1.89%	-0.72%	21.24%	10.61%	0.02%
EPS (Basic)	0.62	0.68	0.60	0.52	1.13	1.10
EPS (Diluted)	0.62	0.68	0.60	0.52	1.13	1.10
EPS Growth	-4.89%	13.33%	15.38%	-53.98%	2.73%	21.08%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	27.13	28.85	12.96	28.83	-116.55	5.06
Free Cash Flow Per Share	0.28	0.29	0.13	0.29	-1.41	0.07
Dividend Per Share	0.150	0.150	0.200	0.080	0.200	-
Dividend Growth	0%	-25.00%	150.00%	-60.00%	0%	-
Gross Margin	26.91%	27.77%	32.77%	32.17%	33.34%	34.85%
Operating Margin	8.54%	8.96%	8.72%	7.61%	13.73%	16.22%
Profit Margin	7.71%	8.65%	9.23%	8.64%	14.79%	15.16%
Free Cash Flow Margin	3.45%	3.75%	2.00%	4.76%	-18.39%	0.93%
EBITDA	111.15	101.68	74.22	62.2	97.18	97.92
EBITDA Margin	14.13%	13.21%	11.43%	10.27%	15.33%	17.99%
D&A For EBITDA	43.95	32.67	17.63	16.11	10.14	9.66
EBIT	67.2	69.01	56.59	46.09	87.04	88.26
EBIT Margin	8.54%	8.96%	8.72%	7.61%	13.73%	16.22%
Effective Tax Rate	21.08%	16.94%	16.27%	16.09%	14.09%	14.20%
Revenue as Reported	219.79	769.86	649.27	605.7	633.86	544.28
Advertising Expenses	-	1.33	1.45	1.66	1.12	1.13