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	Sep '26 Sep 30, 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	391.8	449.54	380.23	493.54	506.71	523.52
Other Revenue	0.96	0.96	5.5	2.18	0.78	0.01
Revenue	392.75	450.49	385.72	495.72	507.49	523.54
Revenue Growth	-15.95%	16.79%	-22.19%	-2.32%	-3.06%	23.12%
Cost of Revenue	222.88	234.98	192.8	243.9	254.03	234.53
Gross Profit	169.87	215.51	192.92	251.83	253.47	289.01
Selling, General & Admin	97.15	96.48	93.7	97.72	93.2	89.48
Research & Development	36.37	38.4	34.01	34.48	33.67	33.55
Other Operating Expenses	5.58	0.18	-3.27	-7.36	-18.45	-12.45
Operating Expenses	150	148.23	122.74	138.69	130.77	118.97
Operating Income	19.87	67.28	70.18	113.14	122.7	170.04
Interest Expense	-0.44	-0.21	-0.08	-0.02	-0.02	-0.01
Interest & Investment Income	3.41	2.52	2.84	2.36	2.17	6.14
Currency Exchange Gain (Loss)	2.67	2.67	-2.25	0.8	0.11	-0.3
Other Non Operating Income (Expenses)	-3.25	-0.26	-0.14	-0.08	-0.03	-0.81
EBT Excluding Unusual Items	22.26	72	70.56	116.2	124.92	175.06
Gain (Loss) on Sale of Investments	2.25	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	-3.13	-0.25	-0	-0	-	-
Other Unusual Items	6.71	4.31	3.13	4.44	-	4.86
Pretax Income	28.09	78.29	73.69	120.69	124.9	178.53
Income Tax Expense	3.27	10.76	15.27	14.98	16.38	23.34
Earnings From Continuing Operations	24.83	67.53	58.42	105.71	108.52	155.19
Minority Interest in Earnings	-1.1	-1.32	-0.69	-1.41	-	-
Net Income	23.73	66.21	57.72	104.3	108.52	155.19
Net Income to Common	23.73	66.21	57.72	104.3	108.52	155.19
Net Income Growth	-67.50%	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	0.37%	-0.01%	-0.47%	0.23%	-0.43%	-0.20%
EPS (Basic)	0.12	0.33	0.29	0.52	0.54	0.77
EPS (Diluted)	0.12	0.33	0.29	0.52	0.54	0.77
EPS Growth	-67.62%	14.71%	-44.39%	-4.11%	-29.77%	22.48%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	83.21	123.9	69.24	45.79	11.23	-26.37
Free Cash Flow Per Share	0.42	0.62	0.35	0.23	0.06	-0.13
Dividend Per Share	0.100	0.100	0.089	0.160	0.083	0.233
Dividend Growth	12.12%	12.12%	-44.26%	92.08%	-64.30%	21.70%
Gross Margin	43.25%	47.84%	50.02%	50.80%	49.95%	55.20%
Operating Margin	5.06%	14.94%	18.19%	22.82%	24.18%	32.48%
Profit Margin	6.04%	14.70%	14.96%	21.04%	21.38%	29.64%
Free Cash Flow Margin	21.19%	27.50%	17.95%	9.24%	2.21%	-5.04%
EBITDA	43.58	91.13	94.21	136.2	145.21	190.77
EBITDA Margin	11.10%	20.23%	24.42%	27.48%	28.61%	36.44%
D&A For EBITDA	23.71	23.85	24.03	23.07	22.51	20.73
EBIT	19.87	67.28	70.18	113.14	122.7	170.04
EBIT Margin	5.06%	14.94%	18.19%	22.82%	24.18%	32.48%
Effective Tax Rate	11.63%	13.74%	20.72%	12.41%	13.11%	13.07%
Revenue as Reported	392.75	450.49	385.72	495.72	507.49	523.54
Advertising Expenses	-	6.02	4.97	2.4	2.78	2.61