Yalian Machinery 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	800.71	807.3	596.11	453.76	500.99
Other Revenue	-	57.54	50.95	26.7	21.26
Revenue	800.71	864.84	647.06	480.46	522.25
Revenue Growth (YoY)	-7.42%	33.66%	34.68%	-8.00%	50.13%
Cost of Revenue	-	585.95	459.08	326.23	355.19
Gross Profit	800.71	278.89	187.98	154.22	167.06
Selling, General & Admin	-	60.55	50.88	47.27	44.49
Research & Development	-	46.64	32.15	24.88	32.14
Other Operating Expenses	594.24	4.35	4.43	4.28	4.83
Operating Expenses	594.24	121.46	88.24	77.67	79.3
Operating Income	206.47	157.43	99.75	76.56	87.76
Interest Expense	-	-0.3	-0.87	-0.91	-1.06
Interest & Investment Income	-	11.89	7.2	6.83	4.43
Currency Exchange Gain (Loss)	-	-1.69	1.14	6.67	-8.42
Other Non Operating Income (Expenses)	5.36	3.83	6.11	1.11	-0.58
EBT Excluding Unusual Items	211.82	171.16	113.33	90.26	82.14
Gain (Loss) on Sale of Assets	-	-0.03	0.03	-	0.12
Asset Writedown	-	-0.01	-0	-0.03	-0.22
Other Unusual Items	-	3.25	3.13	9.09	12.73
Pretax Income	211.82	174.37	116.49	99.32	94.77
Income Tax Expense	25.98	19.72	13.15	11.95	10.91
Net Income	185.85	154.65	103.34	87.37	83.86
Net Income to Common	185.85	154.65	103.34	87.37	83.86
Net Income Growth	20.17%	49.65%	18.29%	4.18%	23.98%
Shares Outstanding (Basic)	87	66	65	65	66
Shares Outstanding (Diluted)	87	66	65	65	66
Shares Change (YoY)	33.15%	0.19%	0.32%	-0.48%	8.48%
EPS (Basic)	2.13	2.36	1.58	1.34	1.28
EPS (Diluted)	2.13	2.36	1.58	1.34	1.28
EPS Growth	-9.75%	49.37%	17.91%	4.69%	14.29%
Free Cash Flow	-	184.94	303.82	86.14	-58.1
Free Cash Flow Per Share	-	2.82	4.64	1.32	-0.89
Dividend Per Share	-	0.620	-	-	-
Gross Margin	100.00%	32.25%	29.05%	32.10%	31.99%
Operating Margin	25.79%	18.20%	15.42%	15.93%	16.80%
Profit Margin	23.21%	17.88%	15.97%	18.18%	16.06%
Free Cash Flow Margin	-	21.39%	46.95%	17.93%	-11.13%
EBITDA	222.69	173.66	117.25	93.55	101.6
EBITDA Margin	27.81%	20.08%	18.12%	19.47%	19.45%
D&A For EBITDA	16.23	16.23	17.51	16.99	13.84
EBIT	206.47	157.43	99.75	76.56	87.76
EBIT Margin	25.79%	18.20%	15.42%	15.93%	16.80%
Effective Tax Rate	12.26%	11.31%	11.29%	12.03%	11.51%
Revenue as Reported	-	864.84	647.06	480.46	522.25
Advertising Expenses	-	1.11	1.91	0.84	0.77

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