Chengdu Shengbang Seals 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	432.15	440.82	398.81	335.52	297.37	297.45
Other Revenue	-	-	5.63	4.49	7.65	14.37
Revenue	432.15	440.82	404.45	340.01	305.03	311.82
Revenue Growth (YoY)	2.25%	8.99%	18.95%	11.47%	-2.18%	14.70%
Cost of Revenue	272.5	276.29	247.26	207.3	199.3	188.13
Gross Profit	159.66	164.53	157.19	132.71	105.72	123.69
Selling, General & Admin	35.79	36.93	35.55	34.29	31.47	30.39
Research & Development	31.54	30.53	29.85	32.59	25.57	25.98
Other Operating Expenses	-0.27	1.57	1.37	2.66	0.36	3.51
Operating Expenses	69.52	69.03	68.57	69.99	63.6	59.08
Operating Income	90.13	95.5	88.62	62.72	42.12	64.61
Interest Expense	-	-	-0.02	-0.05	-0.07	-0.15
Interest & Investment Income	6.07	6.14	8.49	9.82	4.58	1.88
Currency Exchange Gain (Loss)	-	-	0.02	0.27	0.59	-0.61
Other Non Operating Income (Expenses)	0.27	0.71	-0.31	-0.22	-0.36	-0.13
EBT Excluding Unusual Items	96.47	102.35	96.8	72.54	46.86	65.59
Merger & Restructuring Charges	-	-	-	-	-	-0.04
Gain (Loss) on Sale of Investments	0.49	1.04	1.87	1.1	0.96	0.03
Gain (Loss) on Sale of Assets	0.02	0.03	0.04	-0.01	-0.05	-0.27
Asset Writedown	-4.17	-3.67	-1.78	-0.03	-0.08	-0.11
Other Unusual Items	-	-	3.48	-1.02	3.25	8.49
Pretax Income	92.81	99.75	100.41	72.58	50.93	73.69
Income Tax Expense	11.4	12.61	13.4	8.55	3.4	8.23
Earnings From Continuing Operations	81.41	87.14	87	64.03	47.53	65.46
Net Income	81.41	87.14	87	64.03	47.53	65.46
Net Income to Common	81.41	87.14	87	64.03	47.53	65.46
Net Income Growth	-12.25%	0.15%	35.88%	34.70%	-27.39%	-14.82%
Shares Outstanding (Basic)	51	51	51	51	45	39
Shares Outstanding (Diluted)	51	51	51	51	45	39
Shares Change (YoY)	-0.20%	-0.33%	-1.09%	14.29%	16.67%	0.63%
EPS (Basic)	1.60	1.72	1.71	1.24	1.06	1.70
EPS (Diluted)	1.60	1.72	1.71	1.24	1.06	1.70
EPS Growth	-12.07%	0.49%	37.37%	17.86%	-37.77%	-15.36%
Free Cash Flow	54.69	41.55	7.45	12.84	-19.35	58.33
Free Cash Flow Per Share	1.08	0.82	0.15	0.25	-0.43	1.51
Dividend Per Share	-	-	0.516	0.442	0.777	-
Dividend Growth	-	-	16.74%	-43.11%	-	-
Gross Margin	36.94%	37.32%	38.87%	39.03%	34.66%	39.67%
Operating Margin	20.86%	21.66%	21.91%	18.45%	13.81%	20.72%
Profit Margin	18.84%	19.77%	21.51%	18.83%	15.58%	20.99%
Free Cash Flow Margin	12.65%	9.43%	1.84%	3.78%	-6.34%	18.71%
EBITDA	112.68	116.2	101.94	73.47	53.89	75.78
EBITDA Margin	26.07%	26.36%	25.20%	21.61%	17.67%	24.30%
D&A For EBITDA	22.55	20.7	13.31	10.75	11.77	11.17
EBIT	90.13	95.5	88.62	62.72	42.12	64.61
EBIT Margin	20.86%	21.66%	21.91%	18.45%	13.81%	20.72%
Effective Tax Rate	12.29%	12.65%	13.35%	11.78%	6.67%	11.16%
Revenue as Reported	-	-	404.45	340.01	305.03	311.82
Advertising Expenses	-	-	0.83	0.83	0.42	0.65

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