Shenzhen UUGreenPower Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,324	1,497	1,375	986.57	429.96
Other Revenue	-	0.69	0.78	1.35	0.61
Revenue	1,324	1,497	1,376	987.91	430.57
Revenue Growth (YoY)	-11.56%	8.86%	39.24%	129.44%	105.22%
Cost of Revenue	1,008	1,032	925.08	679.73	318.37
Gross Profit	316.73	465.16	450.52	308.19	112.2
Selling, General & Admin	79.83	78.36	73.2	47.48	33.64
Research & Development	123.43	109.41	79.09	40.18	21.49
Other Operating Expenses	-2.32	-3.77	8.47	3.39	0.71
Operating Expenses	200.94	197.74	168.45	97.88	61.55
Operating Income	115.79	267.42	282.08	210.3	50.64
Interest Expense	-	-1.37	-1.08	-0.71	-1.25
Interest & Investment Income	7.52	11.92	10.33	4.16	1.69
Currency Exchange Gain (Loss)	-	2.59	6.71	6.84	-0.94
Other Non Operating Income (Expenses)	-18.85	-0.3	-0.26	-0.07	0.11
EBT Excluding Unusual Items	104.47	280.26	297.78	220.52	50.25
Gain (Loss) on Sale of Investments	5.78	0.01	-	0.34	0.19
Gain (Loss) on Sale of Assets	-	0.24	-	-	-
Asset Writedown	-3.55	-0.09	-0.13	-0.08	-0.01
Other Unusual Items	-	4.31	6.56	3.43	0.71
Pretax Income	106.7	284.73	304.21	224.21	51.13
Income Tax Expense	-0.53	28.7	35.82	28.08	5.02
Net Income	107.22	256.03	268.38	196.12	46.11
Net Income to Common	107.22	256.03	268.38	196.12	46.11
Net Income Growth	-58.12%	-4.60%	36.84%	325.30%	78.07%
Shares Outstanding (Basic)	38	31	32	31	-
Shares Outstanding (Diluted)	38	31	32	31	-
Shares Change (YoY)	19.88%	-0.03%	1.99%	-	-
EPS (Basic)	2.85	8.13	8.52	6.35	-
EPS (Diluted)	2.84	8.13	8.52	6.35	-
EPS Growth	-65.07%	-4.58%	34.17%	-	-
Free Cash Flow	-218.99	79.25	255.5	162.81	14.85
Free Cash Flow Per Share	-5.80	2.52	8.11	5.27	-
Dividend Per Share	-	1.200	-	1.200	-
Gross Margin	23.92%	31.06%	32.75%	31.20%	26.06%
Operating Margin	8.74%	17.86%	20.51%	21.29%	11.76%
Profit Margin	8.10%	17.10%	19.51%	19.85%	10.71%
Free Cash Flow Margin	-16.54%	5.29%	18.57%	16.48%	3.45%
EBITDA	130.17	280.02	290.02	213.77	52.47
EBITDA Margin	9.83%	18.70%	21.08%	21.64%	12.19%
D&A For EBITDA	14.37	12.6	7.95	3.47	1.83
EBIT	115.79	267.42	282.08	210.3	50.64
EBIT Margin	8.74%	17.86%	20.51%	21.29%	11.76%
Effective Tax Rate	-	10.08%	11.78%	12.53%	9.81%
Advertising Expenses	-	5.45	3.28	1.11	0.71

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