Huizhong Instrumentation 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Revenue	466.66	450.49	380.23	493.54	506.71	523.52
Other Revenue	-	-	5.5	2.18	0.78	0.01
Revenue	466.66	450.49	385.72	495.72	507.49	523.54
Revenue Growth (YoY)	13.97%	16.79%	-22.19%	-2.32%	-3.06%	23.12%
Cost of Revenue	11.79	229.34	192.8	243.9	254.03	234.53
Gross Profit	454.87	221.16	192.92	251.83	253.47	289.01
Selling, General & Admin	3.79	96.48	93.7	97.72	93.2	89.48
Research & Development	-1.24	38.4	34.01	34.48	33.67	33.55
Other Operating Expenses	373.99	-3.72	-3.27	-7.36	-18.45	-12.45
Operating Expenses	374.27	131.16	122.74	138.69	130.77	118.97
Operating Income	80.6	90	70.18	113.14	122.7	170.04
Interest Expense	-	-	-0.08	-0.02	-0.02	-0.01
Interest & Investment Income	0.1	1.5	2.84	2.36	2.17	6.14
Currency Exchange Gain (Loss)	-	-	-2.25	0.8	0.11	-0.3
Other Non Operating Income (Expenses)	-0.32	-10.67	-0.14	-0.08	-0.03	-0.81
EBT Excluding Unusual Items	80.38	80.83	70.56	116.2	124.92	175.06
Gain (Loss) on Sale of Investments	0.22	2.06	-0	0.05	-0.06	-1.34
Gain (Loss) on Sale of Assets	-0	0.17	0	-	0.03	-0.06
Asset Writedown	-0.55	-4.77	-0	-0	-	-
Other Unusual Items	-	-	3.13	4.44	-	4.86
Pretax Income	80.04	78.29	73.69	120.69	124.9	178.53
Income Tax Expense	12.44	10.76	15.27	14.98	16.38	23.34
Earnings From Continuing Operations	67.6	67.53	58.42	105.71	108.52	155.19
Minority Interest in Earnings	-1.07	-1.32	-0.69	-1.41	-	-
Net Income	66.53	66.21	57.72	104.3	108.52	155.19
Net Income to Common	66.53	66.21	57.72	104.3	108.52	155.19
Net Income Growth	9.73%	14.70%	-44.65%	-3.89%	-30.07%	22.24%
Shares Outstanding (Basic)	200	199	199	200	200	201
Shares Outstanding (Diluted)	200	199	199	200	200	201
Shares Change (YoY)	0.17%	-0.01%	-0.47%	0.23%	-0.43%	-0.20%
EPS (Basic)	0.33	0.33	0.29	0.52	0.54	0.77
EPS (Diluted)	0.33	0.33	0.29	0.52	0.54	0.77
EPS Growth	9.54%	14.71%	-44.39%	-4.11%	-29.77%	22.48%
Free Cash Flow	-	123.9	69.24	45.79	11.23	-26.37
Free Cash Flow Per Share	-	0.62	0.35	0.23	0.06	-0.13
Dividend Per Share	-	-	0.090	0.160	0.083	0.233
Dividend Growth	-	-	-43.75%	92.08%	-64.30%	21.70%
Gross Margin	97.47%	49.09%	50.02%	50.80%	49.95%	55.20%
Operating Margin	17.27%	19.98%	18.19%	22.82%	24.18%	32.48%
Profit Margin	14.26%	14.70%	14.96%	21.04%	21.38%	29.64%
Free Cash Flow Margin	-	27.50%	17.95%	9.24%	2.21%	-5.04%
EBITDA	-	114.7	93.45	136.2	145.21	190.77
EBITDA Margin	-	25.46%	24.23%	27.48%	28.61%	36.44%
D&A For EBITDA	-	24.7	23.28	23.07	22.51	20.73
EBIT	80.6	90	70.18	113.14	122.7	170.04
EBIT Margin	17.27%	19.98%	18.19%	22.82%	24.18%	32.48%
Effective Tax Rate	15.54%	13.74%	20.72%	12.41%	13.11%	13.07%
Revenue as Reported	16.16	-	385.72	495.72	507.49	523.54
Advertising Expenses	-	-	4.97	2.4	2.78	2.61

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