Mingyue Optical Lens 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	Mar '26 Mar 31, 2026	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	855.91	819.8	763.71	745.7	620.15	573.37
Other Revenue	7.71	7.71	6.59	3.04	2.92	2.2
Revenue	863.61	827.5	770.3	748.74	623.07	575.57
Revenue Growth (YoY)	11.38%	7.43%	2.88%	20.17%	8.25%	6.65%
Cost of Revenue	380.07	357.55	321.26	324.18	294.75	266.66
Gross Profit	483.54	469.95	449.04	424.56	328.31	308.9
Selling, General & Admin	218.86	216.94	225.45	225.86	170.21	187.5
Research & Development	45.64	45.52	34.82	27.87	22.29	17.87
Other Operating Expenses	8.5	5.91	3.93	5.56	5.83	5.89
Operating Expenses	274.56	267.38	264.05	259.56	204.12	207.63
Operating Income	208.98	202.57	184.99	165	124.2	101.28
Interest Expense	-1.43	-1.21	-0.3	-0.44	-1.35	-0.31
Interest & Investment Income	4.57	4.35	9.85	17.64	18.94	3.71
Currency Exchange Gain (Loss)	0.34	0.34	-0.34	-0.16	0.76	-0.45
Other Non Operating Income (Expenses)	-0.46	-0.16	-0.47	-0.25	-0.14	-0.18
EBT Excluding Unusual Items	212.01	205.9	193.71	181.79	142.41	104.04
Gain (Loss) on Sale of Investments	25.61	23.07	20.31	15.09	13.75	0.55
Gain (Loss) on Sale of Assets	0.03	0.02	-0.03	-0.24	0.2	-0.32
Asset Writedown	0.09	-0.06	-0.2	-0.58	-0.53	-1.37
Other Unusual Items	5.34	4.68	4.13	5.13	8.32	4.51
Pretax Income	243.07	233.61	217.93	201.19	164.15	107.41
Income Tax Expense	31.51	29.89	29.94	28.38	16.04	15.73
Earnings From Continuing Operations	211.56	203.72	187.98	172.82	148.11	91.68
Minority Interest in Earnings	-9.64	-10.8	-11.2	-15.28	-11.89	-9.59
Net Income	201.92	192.92	176.79	157.54	136.22	82.09
Net Income to Common	201.92	192.92	176.79	157.54	136.22	82.09
Net Income Growth	11.11%	9.13%	12.21%	15.65%	65.93%	17.27%
Shares Outstanding (Basic)	201	201	201	202	202	151
Shares Outstanding (Diluted)	201	201	201	202	202	151
Shares Change (YoY)	-	-0.00%	-0.39%	0.00%	33.33%	-0.00%
EPS (Basic)	1.01	0.96	0.88	0.78	0.68	0.54
EPS (Diluted)	1.01	0.96	0.88	0.78	0.68	0.54
EPS Growth	11.11%	9.13%	12.65%	15.65%	24.45%	17.27%
Free Cash Flow	145.34	185.98	140.35	127.73	69.37	111.11
Free Cash Flow Per Share	0.72	0.93	0.70	0.63	0.34	0.73
Dividend Per Share	0.500	0.500	0.500	0.300	0.200	0.353
Dividend Growth	-	-	66.67%	50.00%	-43.39%	-
Gross Margin	55.99%	56.79%	58.29%	56.70%	52.69%	53.67%
Operating Margin	24.20%	24.48%	24.02%	22.04%	19.93%	17.60%
Profit Margin	23.38%	23.31%	22.95%	21.04%	21.86%	14.26%
Free Cash Flow Margin	16.83%	22.48%	18.22%	17.06%	11.13%	19.30%
EBITDA	250.78	243.93	224.57	196.28	148.29	124.94
EBITDA Margin	29.04%	29.48%	29.15%	26.21%	23.80%	21.71%
D&A For EBITDA	41.8	41.36	39.58	31.28	24.1	23.66
EBIT	208.98	202.57	184.99	165	124.2	101.28
EBIT Margin	24.20%	24.48%	24.02%	22.04%	19.93%	17.60%
Effective Tax Rate	12.96%	12.80%	13.74%	14.10%	9.77%	14.65%
Revenue as Reported	863.61	827.5	770.3	748.74	623.07	575.57
Advertising Expenses	-	62.9	59.65	74.79	46.68	55.39

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