Suzhou Hycan Holdings 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	2,311	2,417	2,385	2,240	2,301
Other Revenue	-	32.68	25.57	24.64	47.19
Revenue	2,311	2,449	2,411	2,264	2,348
Revenue Growth (YoY)	-5.63%	1.60%	6.47%	-3.57%	31.78%
Cost of Revenue	1,904	2,095	2,083	1,984	2,009
Gross Profit	407.09	354.2	328.09	280.57	339.36
Selling, General & Admin	154.61	160.03	140.5	137.42	121.75
Research & Development	81.92	86.66	89.94	86.15	83.91
Other Operating Expenses	0.63	-4.44	2.41	12.05	11.82
Operating Expenses	237.16	240.95	235.24	229.95	210.97
Operating Income	169.93	113.25	92.86	50.62	128.39
Interest Expense	-	-28.88	-43.43	-45.91	-52.44
Interest & Investment Income	1.72	1.78	2.55	2.06	2.32
Currency Exchange Gain (Loss)	-	0.06	-0.17	-1.36	2.45
Other Non Operating Income (Expenses)	-15.78	-0.74	-0.41	-0.67	-0.78
EBT Excluding Unusual Items	155.87	85.47	51.4	4.74	79.92
Impairment of Goodwill	-	-	-45.83	-62.94	-57.09
Gain (Loss) on Sale of Investments	0.72	-1.51	-0.35	-2.48	-
Gain (Loss) on Sale of Assets	-1.35	8.53	0.45	0.26	0.08
Asset Writedown	-20.49	-2.75	-1.13	-0.21	-0.82
Other Unusual Items	-	4.61	4.49	77.07	5.93
Pretax Income	134.75	94.34	9.03	16.44	28.03
Income Tax Expense	23.24	25.81	0.9	5.18	10.05
Earnings From Continuing Operations	111.52	68.54	8.13	11.27	17.98
Minority Interest in Earnings	1.96	2.2	0.3	-0.32	-0.4
Net Income	113.48	70.74	8.43	10.94	17.58
Net Income to Common	113.48	70.74	8.43	10.94	17.58
Net Income Growth	60.42%	739.00%	-22.94%	-37.76%	-62.20%
Shares Outstanding (Basic)	334	322	281	365	293
Shares Outstanding (Diluted)	334	322	281	365	293
Shares Change (YoY)	3.80%	14.41%	-22.94%	24.48%	-5.50%
EPS (Basic)	0.34	0.22	0.03	0.03	0.06
EPS (Diluted)	0.34	0.22	0.03	0.03	0.06
EPS Growth	54.55%	633.33%	-	-50.00%	-60.00%
Free Cash Flow	370.5	83.47	62.96	287.88	-105.16
Free Cash Flow Per Share	1.11	0.26	0.22	0.79	-0.36
Dividend Per Share	-	0.100	-	-	-
Gross Margin	17.61%	14.46%	13.61%	12.39%	14.45%
Operating Margin	7.35%	4.62%	3.85%	2.24%	5.47%
Profit Margin	4.91%	2.89%	0.35%	0.48%	0.75%
Free Cash Flow Margin	16.03%	3.41%	2.61%	12.71%	-4.48%
EBITDA	282.15	204.85	206.7	140.93	204.48
EBITDA Margin	12.21%	8.36%	8.57%	6.22%	8.71%
D&A For EBITDA	112.22	91.6	113.85	90.32	76.09
EBIT	169.93	113.25	92.86	50.62	128.39
EBIT Margin	7.35%	4.62%	3.85%	2.24%	5.47%
Effective Tax Rate	17.24%	27.35%	9.93%	31.50%	35.86%
Revenue as Reported	-	2,449	2,411	2,264	2,348

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