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	Jun '26 Jun 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	877.21	819.8	763.71	745.7	620.15	573.37
Other Revenue	7.65	7.71	6.59	3.04	2.92	2.2
Revenue	884.86	827.5	770.3	748.74	623.07	575.57
Revenue Growth	12.80%	7.43%	2.88%	20.17%	8.25%	6.65%
Cost of Revenue	392.4	357.55	321.26	324.18	294.75	266.66
Gross Profit	492.46	469.95	449.04	424.56	328.31	308.9
Selling, General & Admin	222.68	216.94	225.45	225.86	170.21	187.5
Research & Development	44.83	45.52	34.82	27.87	22.29	17.87
Other Operating Expenses	9.15	5.91	3.93	5.56	5.83	5.89
Operating Expenses	277.06	267.38	264.05	259.56	204.12	207.63
Operating Income	215.4	202.57	184.99	165	124.2	101.28
Interest Expense	-1.39	-1.21	-0.3	-0.44	-1.35	-0.31
Interest & Investment Income	4.76	4.35	9.85	17.64	18.94	3.71
Currency Exchange Gain (Loss)	0.04	0.34	-0.34	-0.16	0.76	-0.45
Other Non Operating Income (Expenses)	-0.22	-0.16	-0.47	-0.25	-0.14	-0.18
EBT Excluding Unusual Items	218.59	205.9	193.71	181.79	142.41	104.04
Gain (Loss) on Sale of Investments	24	23.07	20.31	15.09	13.75	0.55
Gain (Loss) on Sale of Assets	-0.14	0.02	-0.03	-0.24	0.2	-0.32
Asset Writedown	-0.05	-0.06	-0.2	-0.58	-0.53	-1.37
Other Unusual Items	6.33	4.68	4.13	5.13	8.32	4.51
Pretax Income	248.74	233.61	217.93	201.19	164.15	107.41
Income Tax Expense	30.87	29.89	29.94	28.38	16.04	15.73
Earnings From Continuing Operations	217.87	203.72	187.98	172.82	148.11	91.68
Minority Interest in Earnings	-9.38	-10.8	-11.2	-15.28	-11.89	-9.59
Net Income	208.49	192.92	176.79	157.54	136.22	82.09
Net Income to Common	208.49	192.92	176.79	157.54	136.22	82.09
Net Income Growth	13.73%	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	0.20%	-0.00%	-0.39%	0.00%	33.33%	-0.00%
EPS (Basic)	1.04	0.96	0.88	0.78	0.68	0.54
EPS (Diluted)	1.04	0.96	0.88	0.78	0.68	0.54
EPS Growth	13.50%	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	Jun '26 Jun 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	168.41	185.98	140.35	127.73	69.37	111.11
Free Cash Flow Per Share	0.84	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	55.65%	56.79%	58.29%	56.70%	52.69%	53.67%
Operating Margin	24.34%	24.48%	24.02%	22.04%	19.93%	17.60%
Profit Margin	23.56%	23.31%	22.95%	21.04%	21.86%	14.26%
Free Cash Flow Margin	19.03%	22.48%	18.22%	17.06%	11.13%	19.30%
EBITDA	256.64	243.93	224.57	196.28	148.29	124.94
EBITDA Margin	29.00%	29.48%	29.15%	26.21%	23.80%	21.71%
D&A For EBITDA	41.23	41.36	39.58	31.28	24.1	23.66
EBIT	215.4	202.57	184.99	165	124.2	101.28
EBIT Margin	24.34%	24.48%	24.02%	22.04%	19.93%	17.60%
Effective Tax Rate	12.41%	12.80%	13.74%	14.10%	9.77%	14.65%
Revenue as Reported	884.86	827.5	770.3	748.74	623.07	575.57
Advertising Expenses	-	62.9	59.65	74.79	46.68	55.39