Zhejiang Benli Technology 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	629.58	687.08	680.57	735.27	614.88	618.34
Other Revenue	21.76	21.76	17.32	23.47	6.22	6.5
Revenue	651.33	708.83	697.89	758.74	621.1	624.84
Revenue Growth (YoY)	-8.55%	1.57%	-8.02%	22.16%	-0.60%	11.72%
Cost of Revenue	526.32	588.58	579.09	652.43	518.29	471.75
Gross Profit	125.01	120.25	118.81	106.31	102.82	153.09
Selling, General & Admin	40.04	37.61	37.33	32.46	26.19	28.04
Research & Development	23.89	23.68	27.76	26.92	19.86	21.69
Other Operating Expenses	1.84	1.47	-2.02	2.67	3.77	2.25
Operating Expenses	63.81	64.57	66	62.3	50.31	52.34
Operating Income	61.2	55.68	52.8	44.01	52.51	100.75
Interest Expense	-0.13	-0.08	-0.86	-0.2	-1.89	-2.23
Interest & Investment Income	12.65	13.46	14.39	16.64	5.01	1.3
Currency Exchange Gain (Loss)	3.61	3.61	0.45	-	-	-
Other Non Operating Income (Expenses)	4.34	-0.26	-0.14	-0.33	-0.12	-0.08
EBT Excluding Unusual Items	81.68	72.41	66.63	60.13	55.52	99.75
Gain (Loss) on Sale of Investments	-0.09	-0.09	-	-	-	-
Gain (Loss) on Sale of Assets	-1.96	-0.93	-0.47	-0.59	-0	-0.33
Asset Writedown	-0.44	-	-	-	-	-
Other Unusual Items	2.93	3.55	-	6.75	6.42	6.43
Pretax Income	82.12	74.94	66.16	66.29	61.94	105.84
Income Tax Expense	12.17	10.37	6.54	6.49	7.11	14.13
Net Income	69.95	64.57	59.62	59.8	54.82	91.71
Net Income to Common	69.95	64.57	59.62	59.8	54.82	91.71
Net Income Growth	12.51%	8.31%	-0.31%	9.08%	-40.22%	25.42%
Shares Outstanding (Basic)	103	104	106	107	87	80
Shares Outstanding (Diluted)	103	104	106	107	87	80
Shares Change (YoY)	-2.46%	-2.17%	-0.31%	23.36%	8.86%	0.05%
EPS (Basic)	0.68	0.62	0.56	0.56	0.63	1.15
EPS (Diluted)	0.68	0.62	0.56	0.56	0.63	1.15
EPS Growth	15.35%	10.71%	-	-11.57%	-45.09%	25.36%
Free Cash Flow	37.53	130.83	27.9	-88.19	-13.95	8.35
Free Cash Flow Per Share	0.36	1.26	0.26	-0.83	-0.16	0.10
Dividend Per Share	0.200	0.200	0.100	0.100	0.233	-
Dividend Growth	100.00%	100.00%	-	-57.14%	-	-
Gross Margin	19.19%	16.96%	17.02%	14.01%	16.55%	24.50%
Operating Margin	9.40%	7.85%	7.57%	5.80%	8.46%	16.13%
Profit Margin	10.74%	9.11%	8.54%	7.88%	8.83%	14.68%
Free Cash Flow Margin	5.76%	18.46%	4.00%	-11.62%	-2.25%	1.34%
EBITDA	121.05	112.58	105.76	90.71	89.59	132.93
EBITDA Margin	18.58%	15.88%	15.15%	11.96%	14.42%	21.27%
D&A For EBITDA	59.85	56.9	52.96	46.7	37.08	32.18
EBIT	61.2	55.68	52.8	44.01	52.51	100.75
EBIT Margin	9.40%	7.85%	7.57%	5.80%	8.46%	16.13%
Effective Tax Rate	14.82%	13.83%	9.89%	9.78%	11.48%	13.35%
Revenue as Reported	651.33	708.83	697.89	758.74	621.1	624.84

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