Pansoft Company Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	824.95	834.77	747.94	693.57	581.46
Other Revenue	-	1.36	1.32	0.71	0.47
Revenue	824.95	836.13	749.25	694.28	581.93
Revenue Growth (YoY)	-1.34%	11.59%	7.92%	19.31%	37.87%
Cost of Revenue	575.06	560	461.67	364.19	312.64
Gross Profit	249.88	276.13	287.59	330.1	269.3
Selling, General & Admin	85.22	98.15	133.89	82.89	62.24
Research & Development	72.95	46.99	90.41	96.97	73.62
Other Operating Expenses	-0.3	0.81	-2.12	0.55	-1.32
Operating Expenses	157.87	153.18	238.3	186.17	139.12
Operating Income	92.01	122.95	49.28	143.92	130.18
Interest Expense	-	-1.21	-1.88	-0.61	-0.61
Interest & Investment Income	4.45	7.19	5.39	6.85	12.28
Currency Exchange Gain (Loss)	-	-0.37	0.02	-0.24	0.06
Other Non Operating Income (Expenses)	-6.75	-0.41	-0.27	-0.3	-0.09
EBT Excluding Unusual Items	89.72	128.15	52.53	149.63	141.82
Impairment of Goodwill	-	-9.17	-	-	-
Gain (Loss) on Sale of Investments	5.64	15.97	8.88	1.51	2.31
Gain (Loss) on Sale of Assets	0.1	-2.2	0	-0	0.12
Asset Writedown	-25.08	-0.02	-0.05	-0.02	-0.03
Other Unusual Items	-	2.56	0.18	7.82	4
Pretax Income	70.38	135.28	61.55	158.95	148.22
Income Tax Expense	3.65	11.66	5.29	8.67	11.83
Earnings From Continuing Operations	66.73	123.62	56.26	150.28	136.39
Minority Interest in Earnings	7.25	-2.37	5.9	4.87	2.18
Net Income	73.98	121.25	62.16	155.15	138.58
Net Income to Common	73.98	121.25	62.16	155.15	138.58
Net Income Growth	-38.99%	95.06%	-59.94%	11.96%	66.18%
Shares Outstanding (Basic)	281	282	281	277	248
Shares Outstanding (Diluted)	282	282	281	277	248
Shares Change (YoY)	0.20%	0.18%	1.55%	11.84%	19.65%
EPS (Basic)	0.26	0.43	0.22	0.56	0.56
EPS (Diluted)	0.26	0.43	0.22	0.56	0.56
EPS Growth	-39.11%	94.70%	-60.55%	0.11%	38.89%
Free Cash Flow	42.77	52.36	-93.75	15.87	126.14
Free Cash Flow Per Share	0.15	0.19	-0.33	0.06	0.51
Dividend Per Share	-	0.107	0.072	0.153	0.153
Dividend Growth	-	48.54%	-52.91%	-	59.98%
Gross Margin	30.29%	33.02%	38.38%	47.55%	46.28%
Operating Margin	11.15%	14.70%	6.58%	20.73%	22.37%
Profit Margin	8.97%	14.50%	8.30%	22.35%	23.81%
Free Cash Flow Margin	5.18%	6.26%	-12.51%	2.29%	21.68%
EBITDA	118.08	130.07	58.46	149.51	133.73
EBITDA Margin	14.31%	15.56%	7.80%	21.54%	22.98%
D&A For EBITDA	26.07	7.12	9.18	5.59	3.55
EBIT	92.01	122.95	49.28	143.92	130.18
EBIT Margin	11.15%	14.70%	6.58%	20.73%	22.37%
Effective Tax Rate	5.19%	8.62%	8.60%	5.45%	7.98%
Revenue as Reported	-	836.13	749.25	695.04	581.93
Advertising Expenses	-	0.16	0.46	0.04	0.08

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.