Zhejiang MTCN Technology Co.,Ltd. (SHE:003026)

Zhejiang MTCN Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	420.33	420.42	345.83	329.52	428.52	268.7
Other Revenue	2.15	2.15	2.66	8.62	8.44	4.17
Revenue	422.48	422.57	348.5	338.14	436.96	272.88
Revenue Growth (YoY)	2.25%	21.25%	3.06%	-22.62%	60.13%	22.07%
Cost of Revenue	292.49	313.29	313.42	233.75	235.71	142.54
Gross Profit	129.99	109.28	35.07	104.39	201.25	130.33
Selling, General & Admin	47.89	47	42.52	43.3	34.61	21.86
Research & Development	28.67	27.29	26.33	19.99	15.06	9.8
Other Operating Expenses	5.29	5.16	4.87	5.4	4.36	-1.02
Operating Expenses	85.68	81.98	73.61	69.16	54.35	31.39
Operating Income	44.31	27.3	-38.53	35.23	146.9	98.94
Interest Expense	-10.47	-12.05	-10.94	-7.46	-1.09	-
Interest & Investment Income	4.75	6.55	8.96	10.51	9.11	0.83
Currency Exchange Gain (Loss)	1.14	1.14	2.4	1.61	0.13	-0.78
Other Non Operating Income (Expenses)	-0.71	-0.21	-0.25	-0.69	-0.54	-0.86
EBT Excluding Unusual Items	39.02	22.72	-38.35	39.2	154.52	98.14
Impairment of Goodwill	-	-	-	-1.16	-	-
Gain (Loss) on Sale of Assets	-0.56	0.08	-0.03	0	-	-0
Asset Writedown	-1.94	-0	-0.01	-4.37	-0.25	-0.26
Other Unusual Items	3.86	3.96	3.77	2.17	6.25	-0
Pretax Income	40.38	26.76	-34.62	35.85	160.52	97.89
Income Tax Expense	-3.57	-5.91	-17.35	1.63	22.13	11.16
Earnings From Continuing Operations	43.95	32.67	-17.27	34.21	138.39	86.73
Minority Interest in Earnings	0.02	-9.9	-16.8	-14.81	-7.06	-
Net Income	43.96	22.77	-34.07	19.41	131.34	86.73
Net Income to Common	43.96	22.77	-34.07	19.41	131.34	86.73
Net Income Growth	-	-	-	-85.22%	51.44%	29.64%
Shares Outstanding (Basic)	147	129	130	133	129	97
Shares Outstanding (Diluted)	147	129	130	133	129	97
Shares Change (YoY)	29.36%	-0.59%	-1.85%	2.62%	33.08%	-0.53%
EPS (Basic)	0.30	0.18	-0.26	0.15	1.02	0.89
EPS (Diluted)	0.30	0.18	-0.26	0.15	1.02	0.89
EPS Growth	-	-	-	-85.60%	13.80%	30.34%
Free Cash Flow	45.5	12.9	-70.51	-113.89	-74.22	72.41
Free Cash Flow Per Share	0.31	0.10	-0.54	-0.86	-0.57	0.74
Dividend Per Share	0.150	0.150	-	0.154	-	0.769
Gross Margin	30.77%	25.86%	10.06%	30.87%	46.06%	47.76%
Operating Margin	10.49%	6.46%	-11.06%	10.42%	33.62%	36.26%
Profit Margin	10.41%	5.39%	-9.78%	5.74%	30.06%	31.78%
Free Cash Flow Margin	10.77%	3.05%	-20.23%	-33.68%	-16.99%	26.53%
EBITDA	112.02	89.64	16.67	75.99	168.11	112.43
EBITDA Margin	26.52%	21.21%	4.78%	22.47%	38.47%	41.20%
D&A For EBITDA	67.71	62.35	55.2	40.76	21.2	13.49
EBIT	44.31	27.3	-38.53	35.23	146.9	98.94
EBIT Margin	10.49%	6.46%	-11.06%	10.42%	33.62%	36.26%
Effective Tax Rate	-	-	-	4.56%	13.78%	11.40%
Revenue as Reported	422.48	422.57	348.5	338.14	436.96	272.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.