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	Sep '26 Sep 30, 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	923.37	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	931.08	827.5	770.3	748.74	623.07	575.57
Revenue Growth	14.47%	7.43%	2.88%	20.17%	8.25%	6.65%
Cost of Revenue	406.5	357.55	321.26	324.18	294.75	266.66
Gross Profit	524.58	469.95	449.04	424.56	328.31	308.9
Selling, General & Admin	236.4	216.94	225.45	225.86	170.21	187.5
Research & Development	41.5	45.52	34.82	27.87	22.29	17.87
Other Operating Expenses	9.14	5.91	3.93	5.56	5.83	5.89
Operating Expenses	288.43	267.38	264.05	259.56	204.12	207.63
Operating Income	236.15	202.57	184.99	165	124.2	101.28
Interest Expense	-1.04	-1.21	-0.3	-0.44	-1.35	-0.31
Interest & Investment Income	5.43	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)	-1.34	-0.16	-0.47	-0.25	-0.14	-0.18
EBT Excluding Unusual Items	239.54	205.9	193.71	181.79	142.41	104.04
Gain (Loss) on Sale of Investments	19.54	23.07	20.31	15.09	13.75	0.55
Gain (Loss) on Sale of Assets	-0.7	0.02	-0.03	-0.24	0.2	-0.32
Asset Writedown	1.71	-0.06	-0.2	-0.58	-0.53	-1.37
Other Unusual Items	4.45	4.68	4.13	5.13	8.32	4.51
Pretax Income	264.55	233.61	217.93	201.19	164.15	107.41
Income Tax Expense	35.14	29.89	29.94	28.38	16.04	15.73
Earnings From Continuing Operations	229.41	203.72	187.98	172.82	148.11	91.68
Minority Interest in Earnings	-9.21	-10.8	-11.2	-15.28	-11.89	-9.59
Net Income	220.2	192.92	176.79	157.54	136.22	82.09
Net Income to Common	220.2	192.92	176.79	157.54	136.22	82.09
Net Income Growth	16.58%	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	0.29%	-0.00%	-0.39%	0.00%	33.33%	-0.00%
EPS (Basic)	1.10	0.96	0.88	0.78	0.68	0.54
EPS (Diluted)	1.10	0.96	0.88	0.78	0.68	0.54
EPS Growth	16.24%	9.13%	12.65%	15.65%	24.45%	17.27%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	155.57	185.98	140.35	127.73	69.37	111.11
Free Cash Flow Per Share	0.78	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	0%	0%	66.67%	50.00%	-43.39%	-
Gross Margin	56.34%	56.79%	58.29%	56.70%	52.69%	53.67%
Operating Margin	25.36%	24.48%	24.02%	22.04%	19.93%	17.60%
Profit Margin	23.65%	23.31%	22.95%	21.04%	21.86%	14.26%
Free Cash Flow Margin	16.71%	22.48%	18.22%	17.06%	11.13%	19.30%
EBITDA	278.84	243.93	224.57	196.28	148.29	124.94
EBITDA Margin	29.95%	29.48%	29.15%	26.21%	23.80%	21.71%
D&A For EBITDA	42.69	41.36	39.58	31.28	24.1	23.66
EBIT	236.15	202.57	184.99	165	124.2	101.28
EBIT Margin	25.36%	24.48%	24.02%	22.04%	19.93%	17.60%
Effective Tax Rate	13.28%	12.80%	13.74%	14.10%	9.77%	14.65%
Revenue as Reported	931.08	827.5	770.3	748.74	623.07	575.57
Advertising Expenses	-	62.9	59.65	74.79	46.68	55.39