Yeal Electric Co., Ltd. (SHE:300923)

Yeal Electric Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Operating Revenue	464.17	433.88	389.06	401.71	373.82
Other Revenue	-	37.57	34.54	20.92	34.89
Revenue	464.17	471.45	423.61	422.63	408.71
Revenue Growth (YoY)	-1.54%	11.29%	0.23%	3.41%	17.06%
Cost of Revenue	343.85	353.73	308.84	302.46	276.92
Gross Profit	120.33	117.72	114.77	120.17	131.79
Selling, General & Admin	49.74	48.82	49.43	49.71	52.92
Research & Development	23.08	22.4	22.63	19.55	16.77
Other Operating Expenses	-0.03	3.11	2.04	4.36	3.08
Operating Expenses	72.79	78.71	74.3	81.08	80.45
Operating Income	47.53	39.01	40.47	39.1	51.34
Interest Expense	-	-0.2	-0.27	-0.39	-0.02
Interest & Investment Income	2.65	5.42	10.19	15.24	15.79
Other Non Operating Income (Expenses)	-5.69	-0.35	-0.43	-0.48	-1.96
EBT Excluding Unusual Items	44.49	43.88	49.96	53.48	65.16
Gain (Loss) on Sale of Investments	1.02	0.31	0.84	1.14	1.37
Gain (Loss) on Sale of Assets	-0.12	0.19	0.01	-0.18	-0.02
Asset Writedown	-6.17	-0.01	-0.02	-0.03	-0.06
Other Unusual Items	-	1.66	1.85	2.11	20.4
Pretax Income	39.22	46.02	52.63	56.52	86.84
Income Tax Expense	4.6	3.67	5.62	6.6	11.51
Earnings From Continuing Operations	34.62	42.35	47.01	49.91	75.33
Net Income	34.62	42.35	47.01	49.91	75.33
Net Income to Common	34.62	42.35	47.01	49.91	75.33
Net Income Growth	-18.26%	-9.93%	-5.81%	-33.74%	30.21%
Shares Outstanding (Basic)	79	78	78	78	78
Shares Outstanding (Diluted)	79	78	78	78	78
Shares Change (YoY)	0.32%	0.08%	0.47%	-0.61%	32.92%
EPS (Basic)	0.44	0.54	0.60	0.64	0.96
EPS (Diluted)	0.44	0.54	0.60	0.64	0.96
EPS Growth	-18.52%	-10.00%	-6.25%	-33.33%	-2.04%
Free Cash Flow	-33.37	22.79	-143.43	-24.56	-15.82
Free Cash Flow Per Share	-0.42	0.29	-1.83	-0.32	-0.20
Dividend Per Share	-	0.450	0.450	0.280	0.280
Dividend Growth	-	-	60.71%	-	55.56%
Gross Margin	25.92%	24.97%	27.09%	28.43%	32.25%
Operating Margin	10.24%	8.27%	9.55%	9.25%	12.56%
Profit Margin	7.46%	8.98%	11.10%	11.81%	18.43%
Free Cash Flow Margin	-7.19%	4.83%	-33.86%	-5.81%	-3.87%
EBITDA	62.35	53.29	52.27	50.49	61.4
EBITDA Margin	13.43%	11.30%	12.34%	11.95%	15.02%
D&A For EBITDA	14.82	14.29	11.81	11.39	10.06
EBIT	47.53	39.01	40.47	39.1	51.34
EBIT Margin	10.24%	8.27%	9.55%	9.25%	12.56%
Effective Tax Rate	11.73%	7.98%	10.67%	11.68%	13.25%
Revenue as Reported	-	471.45	423.61	422.63	408.71
Advertising Expenses	-	0.49	0.5	0.12	0.38

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