Yeal Electric 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	492.1	433.88	389.06	401.71	373.82	310
Other Revenue	37.57	37.57	34.54	20.92	34.89	39.15
Revenue	529.67	471.45	423.61	422.63	408.71	349.14
Revenue Growth (YoY)	21.66%	11.29%	0.23%	3.41%	17.06%	-5.86%
Cost of Revenue	395.67	353.73	308.84	302.46	276.92	223.88
Gross Profit	134	117.72	114.77	120.17	131.79	125.26
Selling, General & Admin	49.11	48.82	49.43	49.71	52.92	47.54
Research & Development	22.21	22.4	22.63	19.55	16.77	12.05
Other Operating Expenses	3.17	3.11	2.04	4.36	3.08	3.95
Operating Expenses	83.83	78.71	74.3	81.08	80.45	65.4
Operating Income	50.17	39.01	40.47	39.1	51.34	59.87
Interest Expense	-0.28	-0.2	-0.27	-0.39	-0.02	-
Interest & Investment Income	3.89	5.42	10.19	15.24	15.79	4.25
Other Non Operating Income (Expenses)	-0.37	-0.35	-0.43	-0.48	-1.96	-0.72
EBT Excluding Unusual Items	53.42	43.88	49.96	53.48	65.16	63.4
Gain (Loss) on Sale of Investments	0.31	0.31	0.84	1.14	1.37	-
Gain (Loss) on Sale of Assets	-0.09	0.19	0.01	-0.18	-0.02	0
Asset Writedown	-2.21	-0.01	-0.02	-0.03	-0.06	-0.06
Other Unusual Items	3.37	1.66	1.85	2.11	20.4	4.07
Pretax Income	54.81	46.02	52.63	56.52	86.84	67.41
Income Tax Expense	5.54	3.67	5.62	6.6	11.51	9.56
Earnings From Continuing Operations	49.26	42.35	47.01	49.91	75.33	57.86
Net Income	49.26	42.35	47.01	49.91	75.33	57.86
Net Income to Common	49.26	42.35	47.01	49.91	75.33	57.86
Net Income Growth	9.81%	-9.93%	-5.81%	-33.74%	30.21%	-3.09%
Shares Outstanding (Basic)	78	78	78	78	78	59
Shares Outstanding (Diluted)	78	78	78	78	78	59
Shares Change (YoY)	-1.01%	0.08%	0.47%	-0.61%	32.92%	-0.13%
EPS (Basic)	0.63	0.54	0.60	0.64	0.96	0.98
EPS (Diluted)	0.63	0.54	0.60	0.64	0.96	0.98
EPS Growth	10.93%	-10.00%	-6.25%	-33.33%	-2.04%	-2.97%
Free Cash Flow	8.09	22.79	-143.43	-24.56	-15.82	41.88
Free Cash Flow Per Share	0.10	0.29	-1.83	-0.32	-0.20	0.71
Dividend Per Share	0.450	0.450	0.450	0.280	0.280	0.180
Dividend Growth	-	-	60.71%	-	55.56%	-
Gross Margin	25.30%	24.97%	27.09%	28.43%	32.25%	35.88%
Operating Margin	9.47%	8.27%	9.55%	9.25%	12.56%	17.15%
Profit Margin	9.30%	8.98%	11.10%	11.81%	18.43%	16.57%
Free Cash Flow Margin	1.53%	4.83%	-33.86%	-5.81%	-3.87%	12.00%
EBITDA	66.32	53.29	52.27	50.49	61.4	69.42
EBITDA Margin	12.52%	11.30%	12.34%	11.95%	15.02%	19.88%
D&A For EBITDA	16.15	14.29	11.81	11.39	10.06	9.55
EBIT	50.17	39.01	40.47	39.1	51.34	59.87
EBIT Margin	9.47%	8.27%	9.55%	9.25%	12.56%	17.15%
Effective Tax Rate	10.12%	7.98%	10.67%	11.68%	13.25%	14.17%
Revenue as Reported	529.67	471.45	423.61	422.63	408.71	349.14
Advertising Expenses	-	0.49	0.5	0.12	0.38	2.68

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