GRG Banking Equipment 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	Jun '26 Jun 30, 2026	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	11,851	12,004	10,824	9,015	7,493	6,745
Other Revenue	52.95	51.06	42.44	28.64	33.61	36.78
Revenue	11,904	12,055	10,866	9,043	7,526	6,782
Revenue Growth	4.11%	10.94%	20.16%	20.15%	10.98%	5.79%
Cost of Revenue	8,557	8,681	7,526	5,844	4,708	4,201
Gross Profit	3,347	3,374	3,340	3,199	2,818	2,581
Selling, General & Admin	1,325	1,358	1,351	1,254	1,137	1,033
Research & Development	874.86	905.46	940.52	866.21	718.72	645.65
Other Operating Expenses	23.83	-1.42	27.45	6.1	8.01	-3.94
Operating Expenses	2,271	2,310	2,335	2,139	1,909	1,680
Operating Income	1,076	1,065	1,005	1,060	909.17	900.43
Interest Expense	-67.82	-71.63	-67.29	-19.72	-21.29	-13.46
Interest & Investment Income	268.8	277.01	322.58	340.25	276.83	207.29
Currency Exchange Gain (Loss)	-17.11	25.9	-32.35	12.75	13.77	-31.79
Other Non Operating Income (Expenses)	-9.53	-11.88	-7.32	-5.08	-6.76	-4.46
EBT Excluding Unusual Items	1,251	1,284	1,221	1,389	1,172	1,058
Impairment of Goodwill	-60.45	-60.45	-19.3	-28.15	-52.63	-69.19
Gain (Loss) on Sale of Investments	5.2	-3.02	4.86	0.41	-	17.7
Gain (Loss) on Sale of Assets	1.59	1.53	1.54	3.33	1.04	-0.86
Asset Writedown	-1.06	-2.11	-0.88	-0.94	-0.89	-
Other Unusual Items	57.93	48.77	79.6	75.8	99.66	96.02
Pretax Income	1,254	1,269	1,287	1,439	1,219	1,102
Income Tax Expense	151.37	160.15	129.79	167.51	118.15	123.06
Earnings From Continuing Operations	1,103	1,109	1,157	1,272	1,101	978.61
Minority Interest in Earnings	-284.39	-247.81	-237.07	-294.63	-271.44	-154.36
Net Income	818.18	860.85	919.83	976.92	829.32	824.26
Net Income to Common	818.18	860.85	919.83	976.92	829.32	824.26
Net Income Growth	-7.81%	-6.41%	-5.84%	17.80%	0.61%	17.68%
Shares Outstanding (Basic)	2,478	2,460	2,486	2,505	2,513	2,498
Shares Outstanding (Diluted)	2,478	2,460	2,486	2,505	2,513	2,498
Shares Change	0.48%	-1.06%	-0.76%	-0.33%	0.61%	3.68%
EPS (Basic)	0.33	0.35	0.37	0.39	0.33	0.33
EPS (Diluted)	0.33	0.35	0.37	0.39	0.33	0.33
EPS Growth	-8.25%	-5.41%	-5.13%	18.18%	0%	13.79%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	1,243	1,362	1,123	1,248	1,435	1,328
Free Cash Flow Per Share	0.50	0.55	0.45	0.50	0.57	0.53
Dividend Per Share	0.470	0.370	0.200	0.200	0.200	0.150
Dividend Growth	135.00%	85.00%	0%	0%	33.33%	0%
Gross Margin	28.12%	27.99%	30.74%	35.38%	37.44%	38.06%
Operating Margin	9.04%	8.83%	9.25%	11.73%	12.08%	13.28%
Profit Margin	6.87%	7.14%	8.46%	10.80%	11.02%	12.15%
Free Cash Flow Margin	10.44%	11.30%	10.33%	13.80%	19.06%	19.59%
EBITDA	1,265	1,252	1,224	1,235	1,084	1,062
EBITDA Margin	10.63%	10.39%	11.27%	13.65%	14.40%	15.66%
D&A For EBITDA	188.95	187.58	219.13	174.34	174.41	161.63
EBIT	1,076	1,065	1,005	1,060	909.17	900.43
EBIT Margin	9.04%	8.83%	9.25%	11.73%	12.08%	13.28%
Effective Tax Rate	12.07%	12.62%	10.09%	11.64%	9.69%	11.17%
Revenue as Reported	11,904	12,055	10,866	9,043	7,526	6,782