GRG Banking Equipment 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	Dec '21 Dec 31, 2021
Operating Revenue	12,068	10,824	9,015	7,493	6,745
Other Revenue	-	42.44	28.64	33.61	36.78
Revenue	12,068	10,866	9,043	7,526	6,782
Revenue Growth (YoY)	11.06%	20.16%	20.15%	10.98%	5.79%
Cost of Revenue	-	7,526	5,844	4,708	4,201
Gross Profit	12,068	3,340	3,199	2,818	2,581
Selling, General & Admin	-	1,351	1,254	1,137	1,033
Research & Development	-	940.52	866.21	718.72	645.65
Other Operating Expenses	10,799	27.45	6.1	8.01	-3.94
Operating Expenses	10,799	2,335	2,139	1,909	1,680
Operating Income	1,270	1,005	1,060	909.17	900.43
Interest Expense	-	-67.29	-19.72	-21.29	-13.46
Interest & Investment Income	-	322.58	340.25	276.83	207.29
Currency Exchange Gain (Loss)	-	-32.35	12.75	13.77	-31.79
Other Non Operating Income (Expenses)	-4.52	-7.32	-5.08	-6.76	-4.46
EBT Excluding Unusual Items	1,265	1,221	1,389	1,172	1,058
Impairment of Goodwill	-	-19.3	-28.15	-52.63	-69.19
Gain (Loss) on Sale of Investments	-	4.86	0.41	-	17.7
Gain (Loss) on Sale of Assets	-	1.54	3.33	1.04	-0.86
Asset Writedown	-	-0.88	-0.94	-0.89	-
Other Unusual Items	-	79.6	75.8	99.66	96.02
Pretax Income	1,265	1,287	1,439	1,219	1,102
Income Tax Expense	408.76	129.79	167.51	118.15	123.06
Earnings From Continuing Operations	856.26	1,157	1,272	1,101	978.61
Minority Interest in Earnings	-	-237.07	-294.63	-271.44	-154.36
Net Income	856.26	919.83	976.92	829.32	824.26
Net Income to Common	856.26	919.83	976.92	829.32	824.26
Net Income Growth	-6.91%	-5.84%	17.80%	0.61%	17.68%
Shares Outstanding (Basic)	2,518	2,486	2,505	2,513	2,498
Shares Outstanding (Diluted)	2,518	2,486	2,505	2,513	2,498
Shares Change (YoY)	1.30%	-0.76%	-0.33%	0.61%	3.68%
EPS (Basic)	0.34	0.37	0.39	0.33	0.33
EPS (Diluted)	0.34	0.37	0.39	0.33	0.33
EPS Growth	-8.11%	-5.13%	18.18%	-	13.79%
Free Cash Flow	-	1,123	1,248	1,435	1,328
Free Cash Flow Per Share	-	0.45	0.50	0.57	0.53
Dividend Per Share	-	0.200	0.200	0.200	0.150
Dividend Growth	-	-	-	33.33%	-
Gross Margin	100.00%	30.74%	35.38%	37.44%	38.06%
Operating Margin	10.52%	9.25%	11.73%	12.08%	13.28%
Profit Margin	7.09%	8.46%	10.80%	11.02%	12.15%
Free Cash Flow Margin	-	10.33%	13.80%	19.06%	19.59%
EBITDA	1,478	1,214	1,235	1,084	1,062
EBITDA Margin	12.25%	11.17%	13.65%	14.40%	15.66%
D&A For EBITDA	208.95	208.95	174.34	174.41	161.63
EBIT	1,270	1,005	1,060	909.17	900.43
EBIT Margin	10.52%	9.25%	11.73%	12.08%	13.28%
Effective Tax Rate	32.31%	10.09%	11.64%	9.69%	11.17%
Revenue as Reported	-	10,866	9,043	7,526	6,782

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.