Shenzhen UUGreenPower Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,443	1,497	1,375	986.57	429.96	209.07
Other Revenue	0.69	0.69	0.78	1.35	0.61	0.74
Revenue	1,443	1,497	1,376	987.91	430.57	209.81
Revenue Growth (YoY)	4.93%	8.86%	39.24%	129.44%	105.22%	111.97%
Cost of Revenue	1,040	1,032	925.08	679.73	318.37	149.63
Gross Profit	403.48	465.16	450.52	308.19	112.2	60.18
Selling, General & Admin	81.89	78.36	73.2	47.48	33.64	17.72
Research & Development	124.56	109.41	79.09	40.18	21.49	10.67
Other Operating Expenses	3.33	-3.77	8.47	3.39	0.71	0.46
Operating Expenses	225.33	197.74	168.45	97.88	61.55	30.63
Operating Income	178.15	267.42	282.08	210.3	50.64	29.55
Interest Expense	-0.9	-1.37	-1.08	-0.71	-1.25	-0.26
Interest & Investment Income	12.23	11.92	10.33	4.16	1.69	0.4
Currency Exchange Gain (Loss)	2.59	2.59	6.71	6.84	-0.94	-1.22
Other Non Operating Income (Expenses)	1.2	-0.3	-0.26	-0.07	0.11	0.01
EBT Excluding Unusual Items	193.26	280.26	297.78	220.52	50.25	28.48
Gain (Loss) on Sale of Investments	2.82	0.01	-	0.34	0.19	-
Gain (Loss) on Sale of Assets	-0.02	0.24	-	-	-	-
Asset Writedown	-1.38	-0.09	-0.13	-0.08	-0.01	0
Other Unusual Items	7.77	4.31	6.56	3.43	0.71	0.76
Pretax Income	202.46	284.73	304.21	224.21	51.13	29.24
Income Tax Expense	16.62	28.7	35.82	28.08	5.02	3.34
Net Income	185.83	256.03	268.38	196.12	46.11	25.9
Net Income to Common	185.83	256.03	268.38	196.12	46.11	25.9
Net Income Growth	-30.76%	-4.60%	36.84%	325.30%	78.07%	185.91%
Shares Outstanding (Basic)	35	31	32	31	-	-
Shares Outstanding (Diluted)	35	31	32	31	-	-
Shares Change (YoY)	11.19%	-0.03%	1.99%	-	-	-
EPS (Basic)	5.31	8.13	8.52	6.35	-	-
EPS (Diluted)	5.31	8.13	8.52	6.35	-	-
EPS Growth	-37.73%	-4.58%	34.17%	-	-	-
Free Cash Flow	21.1	79.25	255.5	162.81	14.85	-4.38
Free Cash Flow Per Share	0.60	2.52	8.11	5.27	-	-
Dividend Per Share	1.200	1.200	-	1.200	-	-
Gross Margin	27.95%	31.06%	32.75%	31.20%	26.06%	28.68%
Operating Margin	12.34%	17.86%	20.51%	21.29%	11.76%	14.08%
Profit Margin	12.87%	17.10%	19.51%	19.85%	10.71%	12.34%
Free Cash Flow Margin	1.46%	5.29%	18.57%	16.48%	3.45%	-2.09%
EBITDA	192.14	280.02	290.02	213.77	52.47	30.85
EBITDA Margin	13.31%	18.70%	21.08%	21.64%	12.19%	14.71%
D&A For EBITDA	13.99	12.6	7.95	3.47	1.83	1.31
EBIT	178.15	267.42	282.08	210.3	50.64	29.55
EBIT Margin	12.34%	17.86%	20.51%	21.29%	11.76%	14.08%
Effective Tax Rate	8.21%	10.08%	11.78%	12.53%	9.81%	11.44%
Advertising Expenses	-	5.45	3.28	1.11	0.71	0.5

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