XGD Inc. 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	3,178	3,144	3,792	4,285	3,593
Other Revenue	1.87	3.83	9.24	31.51	18.25
Revenue	3,180	3,148	3,801	4,317	3,612
Revenue Growth (YoY)	1.03%	-17.20%	-11.94%	19.51%	37.20%
Cost of Revenue	2,089	1,894	2,348	3,264	2,841
Gross Profit	1,091	1,254	1,453	1,052	770.75
Selling, General & Admin	386.37	435.27	529.42	519.64	396.98
Research & Development	286.79	276.65	276.45	272.33	246.56
Other Operating Expenses	-4.04	29.44	-5.47	2.81	-8.19
Operating Expenses	680.75	734.62	797.23	800.66	629.72
Operating Income	409.97	519.01	655.67	251.5	141.03
Interest Expense	-3.04	-2.6	-1.7	-18.47	-17.66
Interest & Investment Income	118.49	104.41	79.87	22.2	18.31
Currency Exchange Gain (Loss)	-35	0.95	9.15	33.05	-4.72
Other Non Operating Income (Expenses)	-1.98	-3.89	-0.83	0.96	0.79
EBT Excluding Unusual Items	488.45	617.88	742.16	289.25	137.75
Impairment of Goodwill	-14.96	-122.18	-	-97.14	-
Gain (Loss) on Sale of Investments	2.83	-	-	-20.24	0.01
Gain (Loss) on Sale of Assets	0.55	0.08	-0.05	0.23	-0.19
Asset Writedown	-0.09	-2.43	-13.83	-0.06	-0.42
Other Unusual Items	14.13	-283.47	42.61	-114.05	83.87
Pretax Income	490.9	209.89	770.89	57.99	221.02
Income Tax Expense	24.94	-21.57	16.67	13.44	18.26
Earnings From Continuing Operations	465.96	231.46	754.22	44.55	202.76
Minority Interest in Earnings	2.85	2.75	0.82	0.16	-2.1
Net Income	468.81	234.21	755.04	44.72	200.67
Net Income to Common	468.81	234.21	755.04	44.72	200.67
Net Income Growth	100.17%	-68.98%	1588.44%	-77.72%	131.98%
Shares Outstanding (Basic)	565	558	524	497	489
Shares Outstanding (Diluted)	565	558	524	497	489
Shares Change (YoY)	1.29%	6.35%	5.53%	1.52%	1.84%
EPS (Basic)	0.83	0.42	1.44	0.09	0.41
EPS (Diluted)	0.83	0.42	1.44	0.09	0.41
EPS Growth	97.62%	-70.83%	1500.00%	-78.05%	127.78%
Free Cash Flow	361.05	694.93	1,122	230.49	210.54
Free Cash Flow Per Share	0.64	1.25	2.14	0.46	0.43
Dividend Per Share	0.600	0.400	0.670	0.230	-
Dividend Growth	50.00%	-40.30%	191.30%	-	-
Gross Margin	34.30%	39.83%	38.22%	24.38%	21.34%
Operating Margin	12.89%	16.49%	17.25%	5.83%	3.91%
Profit Margin	14.74%	7.44%	19.86%	1.04%	5.56%
Free Cash Flow Margin	11.35%	22.08%	29.51%	5.34%	5.83%
EBITDA	421.49	553.43	702.2	296.19	169.91
EBITDA Margin	13.26%	17.58%	18.47%	6.86%	4.70%
D&A For EBITDA	11.52	34.42	46.53	44.68	28.88
EBIT	409.97	519.01	655.67	251.5	141.03
EBIT Margin	12.89%	16.49%	17.25%	5.83%	3.91%
Effective Tax Rate	5.08%	-	2.16%	23.17%	8.26%
Revenue as Reported	3,180	3,148	3,801	4,317	3,612
Advertising Expenses	27.44	33.61	63.42	79.41	49.65

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