Shanghai YongLi Belting Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	2,364	2,222	2,010	2,094	3,117	3,085
Other Revenue	15.8	15.8	12.34	6.33	96.04	124.3
Revenue	2,380	2,238	2,022	2,101	3,213	3,209
Revenue Growth (YoY)	8.08%	10.69%	-3.75%	-34.62%	0.14%	-1.67%
Cost of Revenue	1,636	1,533	1,359	1,456	2,417	2,444
Gross Profit	743.64	705.37	663.11	644.86	795.75	765.12
Selling, General & Admin	417.69	396.12	357.64	321.04	372.48	348.53
Research & Development	84.55	74.82	69.39	66.7	115.91	121.74
Other Operating Expenses	4.75	2.06	4.96	11.65	16.77	18.73
Operating Expenses	512.34	476.15	435.75	395.28	513.14	500.05
Operating Income	231.29	229.22	227.36	249.58	282.62	265.07
Interest Expense	-16.78	-20.05	-21.39	-12.41	-21.26	-16.07
Interest & Investment Income	44.91	47.36	48.94	26.21	11.51	12.13
Currency Exchange Gain (Loss)	-12.2	-12.2	9.73	6.35	-1.93	-9.58
Other Non Operating Income (Expenses)	17.97	3.9	-0.52	-1.18	-16.52	-1.35
EBT Excluding Unusual Items	265.21	248.23	264.13	268.56	254.41	250.21
Impairment of Goodwill	-	-	-	-	-	-737.79
Gain (Loss) on Sale of Investments	-0.12	-	0.46	-2.06	-30.09	-1.61
Gain (Loss) on Sale of Assets	4.57	5.84	145.23	0.14	0.08	1.12
Asset Writedown	-7.72	-0.18	-0.13	-0.21	-0.03	-20.58
Other Unusual Items	8.17	9.43	10.72	21.72	32.78	35.73
Pretax Income	270.11	263.33	420.43	288.14	257.25	-472.92
Income Tax Expense	38.4	35.92	36.29	42.02	39.74	53.75
Earnings From Continuing Operations	231.7	227.41	384.14	246.12	217.51	-526.67
Minority Interest in Earnings	-7.49	-4.41	-7.9	-1.45	-16.82	-18.1
Net Income	224.22	223.01	376.23	244.67	200.69	-544.78
Net Income to Common	224.22	223.01	376.23	244.67	200.69	-544.78
Net Income Growth	-37.46%	-40.73%	53.77%	21.91%	-	-
Shares Outstanding (Basic)	813	814	816	816	816	816
Shares Outstanding (Diluted)	813	814	816	816	816	816
Shares Change (YoY)	-0.19%	-0.24%	0.00%	-0.01%	0.00%	-0.01%
EPS (Basic)	0.28	0.27	0.46	0.30	0.25	-0.67
EPS (Diluted)	0.28	0.27	0.46	0.30	0.25	-0.67
EPS Growth	-37.34%	-40.59%	53.77%	21.92%	-	-
Free Cash Flow	264.23	76.5	-21	303.61	40.97	369.83
Free Cash Flow Per Share	0.33	0.09	-0.03	0.37	0.05	0.45
Dividend Per Share	0.065	0.065	0.125	-	-	0.250
Dividend Growth	-48.00%	-48.00%	-	-	-	-
Gross Margin	31.25%	31.52%	32.80%	30.70%	24.77%	23.84%
Operating Margin	9.72%	10.24%	11.24%	11.88%	8.79%	8.26%
Profit Margin	9.42%	9.96%	18.61%	11.65%	6.25%	-16.98%
Free Cash Flow Margin	11.10%	3.42%	-1.04%	14.45%	1.27%	11.53%
EBITDA	318.23	322	327.95	351.65	416.01	417.2
EBITDA Margin	13.37%	14.39%	16.22%	16.74%	12.95%	13.00%
D&A For EBITDA	86.93	92.79	100.59	102.08	133.4	152.13
EBIT	231.29	229.22	227.36	249.58	282.62	265.07
EBIT Margin	9.72%	10.24%	11.24%	11.88%	8.79%	8.26%
Effective Tax Rate	14.22%	13.64%	8.63%	14.58%	15.45%	-
Revenue as Reported	2,380	2,238	2,022	2,101	3,213	3,209
Advertising Expenses	-	2.03	2.04	0.87	1.82	0.57

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