Bosun 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	Jan '22 Jan 1, 2022
Operating Revenue	1,660	1,639	1,568	1,431	1,556
Other Revenue	33.81	42.12	38.57	22.4	27.17
Revenue	1,693	1,681	1,607	1,454	1,583
Revenue Growth (YoY)	0.72%	4.65%	10.51%	-8.18%	22.52%
Cost of Revenue	1,247	1,240	1,210	1,164	1,169
Gross Profit	446.85	440.94	396.73	290.13	414.86
Selling, General & Admin	142.86	136.97	137.91	139.9	143.47
Research & Development	63.95	59.01	61.32	55.36	63.09
Other Operating Expenses	12.94	11.44	13.32	4.99	14.98
Operating Expenses	217.58	213.2	223.86	207.21	243.66
Operating Income	229.27	227.73	172.87	82.92	171.2
Interest Expense	-0.28	-0.18	-0.91	-3.14	-5.71
Interest & Investment Income	12	22.27	14.13	3.73	4.17
Currency Exchange Gain (Loss)	-13.26	-1.98	3.65	18.04	7.6
Other Non Operating Income (Expenses)	-2.02	-4.47	-1.32	-12	-1.5
EBT Excluding Unusual Items	225.71	243.38	188.43	89.55	175.75
Impairment of Goodwill	-26.72	-28.03	-	-	-61.74
Gain (Loss) on Sale of Investments	3.55	0.39	-62.77	51.65	158.47
Gain (Loss) on Sale of Assets	0.75	0.39	0.64	0.41	1.28
Asset Writedown	-4.29	-1.25	-1.5	-2.53	-2.48
Legal Settlements	-0.04	-0.08	-0.06	-0.06	-0.5
Other Unusual Items	4.69	7.48	10.03	-0.01	6.89
Pretax Income	203.66	222.27	134.76	139.41	278.18
Income Tax Expense	48.98	30.53	3.54	-4.5	48.47
Earnings From Continuing Operations	154.67	191.75	131.21	143.91	229.71
Minority Interest in Earnings	-	-	-2.44	-2.73	-3.36
Net Income	154.67	191.75	128.77	141.18	226.35
Net Income to Common	154.67	191.75	128.77	141.18	226.35
Net Income Growth	-19.33%	48.90%	-8.79%	-37.63%	70.23%
Shares Outstanding (Basic)	533	533	537	543	526
Shares Outstanding (Diluted)	533	533	537	543	526
Shares Change (YoY)	0.14%	-0.73%	-1.19%	3.16%	14.80%
EPS (Basic)	0.29	0.36	0.24	0.26	0.43
EPS (Diluted)	0.29	0.36	0.24	0.26	0.43
EPS Growth	-19.44%	50.00%	-7.69%	-39.53%	48.28%
Free Cash Flow	167.35	125.99	114.28	113.38	83.94
Free Cash Flow Per Share	0.31	0.24	0.21	0.21	0.16
Dividend Per Share	0.150	0.200	0.150	0.030	0.150
Dividend Growth	-25.00%	33.33%	400.00%	-80.00%	87.50%
Gross Margin	26.39%	26.22%	24.69%	19.96%	26.20%
Operating Margin	13.54%	13.54%	10.76%	5.70%	10.81%
Profit Margin	9.13%	11.40%	8.02%	9.71%	14.29%
Free Cash Flow Margin	9.88%	7.49%	7.11%	7.80%	5.30%
EBITDA	301.39	303.75	250.23	164.68	252.48
EBITDA Margin	17.80%	18.07%	15.57%	11.33%	15.95%
D&A For EBITDA	72.12	76.02	77.35	81.76	81.29
EBIT	229.27	227.73	172.87	82.92	171.2
EBIT Margin	13.54%	13.54%	10.76%	5.70%	10.81%
Effective Tax Rate	24.05%	13.73%	2.63%	-	17.42%
Revenue as Reported	1,693	1,681	1,607	1,454	1,583

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