Longhua Technology Group 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,015	2,619	2,379	2,251	2,123	1,761
Other Revenue	91.3	91.3	87.76	50.43	86.15	63.1
Revenue	3,106	2,711	2,467	2,301	2,209	1,824
Revenue Growth (YoY)	24.05%	9.87%	7.22%	4.17%	21.10%	-2.63%
Cost of Revenue	2,406	2,088	1,872	1,755	1,590	1,279
Gross Profit	700.55	622.72	594.87	545.65	618.9	545.39
Selling, General & Admin	282.2	250.45	230.89	251.4	204.45	159.09
Research & Development	133.26	125.14	115.98	121.24	97.12	87.04
Other Operating Expenses	8.68	0.57	14.08	12.55	-13.36	14.65
Operating Expenses	431.47	363.89	375.4	391.51	291.9	285.67
Operating Income	269.08	258.83	219.47	154.14	327	259.71
Interest Expense	-91.28	-79.26	-71.73	-75.59	-47.14	-21.16
Interest & Investment Income	45.85	35.63	31.61	64.47	59.53	33.14
Currency Exchange Gain (Loss)	1.64	1.64	1.13	2.96	-0.33	-1.23
Other Non Operating Income (Expenses)	-5.31	-5.74	-2.07	-5.37	-4.74	-0.99
EBT Excluding Unusual Items	219.99	211.11	178.42	140.62	334.32	269.48
Impairment of Goodwill	-20.21	-20.21	-	-	-	-
Gain (Loss) on Sale of Investments	-0.26	0.02	-23.6	-22	0.51	2.85
Gain (Loss) on Sale of Assets	-0.48	-1.21	-0.43	-0.51	-0.97	-1.11
Asset Writedown	-8.19	-4.96	-0.41	-37.76	3.79	-0.66
Legal Settlements	-	-	-	-	-	-8.79
Other Unusual Items	8.18	8.18	27	26.19	-0.72	21.95
Pretax Income	199.03	192.93	180.99	106.54	336.93	283.73
Income Tax Expense	29.69	43.37	38.72	25.68	29.74	31.63
Earnings From Continuing Operations	169.34	149.55	142.26	80.86	307.19	252.1
Minority Interest in Earnings	-12.57	-18.51	-15.49	-16.56	-16.3	-29.85
Net Income	156.78	131.04	126.77	64.3	290.89	222.26
Net Income to Common	156.78	131.04	126.77	64.3	290.89	222.26
Net Income Growth	50.20%	3.37%	97.15%	-77.90%	30.88%	27.47%
Shares Outstanding (Basic)	868	874	906	919	909	889
Shares Outstanding (Diluted)	868	874	906	919	909	889
Shares Change (YoY)	-4.61%	-3.52%	-1.43%	1.05%	2.25%	-2.15%
EPS (Basic)	0.18	0.15	0.14	0.07	0.32	0.25
EPS (Diluted)	0.18	0.15	0.14	0.07	0.32	0.25
EPS Growth	57.46%	7.14%	100.00%	-78.13%	28.00%	31.58%
Free Cash Flow	267.4	-329.86	-75.55	-87.97	-129.81	62.14
Free Cash Flow Per Share	0.31	-0.38	-0.08	-0.10	-0.14	0.07
Dividend Per Share	0.050	0.050	0.030	0.030	0.035	0.030
Dividend Growth	66.67%	66.67%	-	-14.29%	16.67%	50.00%
Gross Margin	22.55%	22.97%	24.11%	23.71%	28.02%	29.90%
Operating Margin	8.66%	9.55%	8.90%	6.70%	14.80%	14.24%
Profit Margin	5.05%	4.83%	5.14%	2.79%	13.17%	12.18%
Free Cash Flow Margin	8.61%	-12.17%	-3.06%	-3.82%	-5.88%	3.41%
EBITDA	360.96	347.4	303.62	233.47	393.12	321.72
EBITDA Margin	11.62%	12.82%	12.31%	10.15%	17.80%	17.64%
D&A For EBITDA	91.88	88.57	84.15	79.34	66.13	62.01
EBIT	269.08	258.83	219.47	154.14	327	259.71
EBIT Margin	8.66%	9.55%	8.90%	6.70%	14.80%	14.24%
Effective Tax Rate	14.92%	22.48%	21.40%	24.10%	8.83%	11.15%
Revenue as Reported	3,106	2,711	2,467	2,301	2,209	1,824

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