HuangShan Googe 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	626.75	603.27	554.5	598.89	414.78	194.69
Other Revenue	244.78	244.78	170.13	160.1	121.88	60.76
Revenue	871.54	848.05	724.63	758.99	536.65	255.45
Revenue Growth (YoY)	12.41%	17.03%	-4.53%	41.43%	110.08%	186.60%
Cost of Revenue	790.4	749.85	562.04	541.75	394.8	199.94
Gross Profit	81.14	98.2	162.59	217.23	141.86	55.51
Selling, General & Admin	18.28	19.56	18.81	18.34	13.91	6.18
Research & Development	22.89	23.31	21.15	18.4	12.34	4.94
Other Operating Expenses	3.55	-0.42	-0.9	4.63	1.92	0.48
Operating Expenses	42.52	42.16	41.86	42.43	32.15	13.76
Operating Income	38.62	56.04	120.73	174.8	109.71	41.74
Interest Expense	-0.87	-0.87	-0.23	-0.42	-0.26	-1.27
Interest & Investment Income	6.6	6.24	1.84	0.94	0.85	0.29
Currency Exchange Gain (Loss)	0.63	0.63	0.43	1.54	5	-0.81
Other Non Operating Income (Expenses)	-0.98	-0.1	-0.11	-0.17	-0.03	-0.31
EBT Excluding Unusual Items	43.99	61.94	122.66	176.7	115.27	39.64
Gain (Loss) on Sale of Investments	0.84	-	-	-	-	-0.42
Gain (Loss) on Sale of Assets	-	0.09	0	-0.02	-0.06	-0.02
Asset Writedown	0.15	-	-0	-0.02	-0	-0
Other Unusual Items	5.1	4.51	11.43	14.09	3.3	0.37
Pretax Income	50.08	66.54	134.09	190.75	118.51	39.57
Income Tax Expense	4.25	6.77	17.26	27.29	16.17	5.29
Earnings From Continuing Operations	45.84	59.78	116.83	163.46	102.34	34.28
Minority Interest in Earnings	-4.92	-4.75	-4.91	-6.18	-2.87	-
Net Income	40.92	55.03	111.92	157.28	99.47	34.28
Net Income to Common	40.92	55.03	111.92	157.28	99.47	34.28
Net Income Growth	-62.14%	-50.83%	-28.84%	58.12%	190.19%	126.70%
Shares Outstanding (Basic)	80	80	60	60	59	39
Shares Outstanding (Diluted)	80	80	60	60	59	39
Shares Change (YoY)	23.71%	33.26%	-0.30%	1.99%	51.10%	15.92%
EPS (Basic)	0.51	0.69	1.87	2.62	1.69	0.88
EPS (Diluted)	0.51	0.69	1.87	2.62	1.69	0.88
EPS Growth	-69.40%	-63.10%	-28.63%	55.03%	92.05%	95.56%
Free Cash Flow	-87.25	-27.26	23.56	66.86	-16.59	-23.01
Free Cash Flow Per Share	-1.09	-0.34	0.39	1.11	-0.28	-0.59
Dividend Per Share	0.350	0.350	0.700	-	-	-
Dividend Growth	-50.00%	-50.00%	-	-	-	-
Gross Margin	9.31%	11.58%	22.44%	28.62%	26.43%	21.73%
Operating Margin	4.43%	6.61%	16.66%	23.03%	20.44%	16.34%
Profit Margin	4.70%	6.49%	15.45%	20.72%	18.54%	13.42%
Free Cash Flow Margin	-10.01%	-3.21%	3.25%	8.81%	-3.09%	-9.01%
EBITDA	65.36	80.56	136.38	188.81	117.82	44.81
EBITDA Margin	7.50%	9.50%	18.82%	24.88%	21.95%	17.54%
D&A For EBITDA	26.74	24.52	15.66	14.01	8.11	3.07
EBIT	38.62	56.04	120.73	174.8	109.71	41.74
EBIT Margin	4.43%	6.61%	16.66%	23.03%	20.44%	16.34%
Effective Tax Rate	8.48%	10.17%	12.87%	14.31%	13.65%	13.37%
Revenue as Reported	871.54	848.05	724.63	758.99	536.65	255.45

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