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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	3,147	2,957	2,619	2,379	2,251	2,123
Other Revenue	116.2	116.2	91.3	87.76	50.43	86.15
Revenue	3,264	3,074	2,711	2,467	2,301	2,209
Revenue Growth (YoY)	20.53%	13.39%	9.87%	7.22%	4.17%	21.10%
Cost of Revenue	2,588	2,412	2,088	1,872	1,755	1,590
Gross Profit	675.15	661.52	622.72	594.87	545.65	618.9
Selling, General & Admin	274.32	270.7	250.45	230.89	251.4	204.45
Research & Development	141.65	138.18	125.14	115.98	121.24	97.12
Other Operating Expenses	7.62	6.89	0.57	14.08	12.55	-13.36
Operating Expenses	426.37	417.67	363.89	375.4	391.51	291.9
Operating Income	248.78	243.84	258.83	219.47	154.14	327
Interest Expense	-45.65	-63.52	-79.26	-71.73	-75.59	-47.14
Interest & Investment Income	31.79	37.08	35.63	31.61	64.47	59.53
Currency Exchange Gain (Loss)	-1.32	-1.32	1.64	1.13	2.96	-0.33
Other Non Operating Income (Expenses)	-0.75	-4.71	-11.67	-2.07	-5.37	-4.74
EBT Excluding Unusual Items	232.84	211.36	205.18	178.42	140.62	334.32
Impairment of Goodwill	-	-	-20.21	-	-	-
Gain (Loss) on Sale of Investments	-0.47	-0.02	0.02	-23.6	-22	0.51
Gain (Loss) on Sale of Assets	0.78	0.93	-1.21	-0.43	-0.51	-0.97
Asset Writedown	-4.74	-3.67	-4.96	-0.41	-37.76	3.79
Legal Settlements	-6.26	-6.26	-	-	-	-
Other Unusual Items	18.47	18.47	14.11	27	26.19	-0.72
Pretax Income	240.62	220.81	192.93	180.99	106.54	336.93
Income Tax Expense	31.31	27.84	43.37	38.72	25.68	29.74
Earnings From Continuing Operations	209.31	192.97	149.55	142.26	80.86	307.19
Minority Interest in Earnings	0.25	-2.92	-18.51	-15.49	-16.56	-16.3
Net Income	209.56	190.05	131.04	126.77	64.3	290.89
Net Income to Common	209.56	190.05	131.04	126.77	64.3	290.89
Net Income Growth	73.06%	45.03%	3.37%	97.15%	-77.90%	30.88%
Shares Outstanding (Basic)	994	950	874	906	919	909
Shares Outstanding (Diluted)	994	950	874	906	919	909
Shares Change (YoY)	14.31%	8.77%	-3.52%	-1.43%	1.05%	2.25%
EPS (Basic)	0.21	0.20	0.15	0.14	0.07	0.32
EPS (Diluted)	0.21	0.20	0.15	0.14	0.07	0.32
EPS Growth	51.40%	33.33%	7.14%	100.00%	-78.13%	28.00%
Free Cash Flow	127.61	334.59	-329.86	-75.55	-87.97	-129.81
Free Cash Flow Per Share	0.13	0.35	-0.38	-0.08	-0.10	-0.14
Dividend Per Share	0.060	0.060	0.050	0.030	0.030	0.035
Dividend Growth	20.00%	20.00%	66.67%	-	-14.29%	16.67%
Gross Margin	20.69%	21.52%	22.97%	24.11%	23.71%	28.02%
Operating Margin	7.62%	7.93%	9.55%	8.90%	6.70%	14.80%
Profit Margin	6.42%	6.18%	4.83%	5.14%	2.79%	13.17%
Free Cash Flow Margin	3.91%	10.89%	-12.17%	-3.06%	-3.82%	-5.88%
EBITDA	361.97	352.12	347.4	303.62	233.47	393.12
EBITDA Margin	11.09%	11.46%	12.82%	12.31%	10.15%	17.80%
D&A For EBITDA	113.2	108.27	88.57	84.15	79.34	66.13
EBIT	248.78	243.84	258.83	219.47	154.14	327
EBIT Margin	7.62%	7.93%	9.55%	8.90%	6.70%	14.80%
Effective Tax Rate	13.01%	12.61%	22.48%	21.40%	24.10%	8.83%
Revenue as Reported	3,264	3,074	2,711	2,467	2,301	2,209

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