Reach Machinery 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	643.99	623.94	597.37	566.26	564.06	544.49
Other Revenue	22.14	22.14	18.48	18.92	23	22.32
Revenue	666.13	646.08	615.85	585.18	587.06	566.81
Revenue Growth (YoY)	6.77%	4.91%	5.24%	-0.32%	3.57%	38.33%
Cost of Revenue	473.84	452.95	424.23	395.06	421.13	415.03
Gross Profit	192.29	193.12	191.62	190.13	165.93	151.78
Selling, General & Admin	51.59	51.48	49.96	45.77	42.92	42.38
Research & Development	32.58	32.22	28.21	32.98	27.85	21.48
Other Operating Expenses	2.17	2.51	1.95	4.01	5.07	3.62
Operating Expenses	86.91	86.26	81.61	83.38	76.92	68.39
Operating Income	105.39	106.87	110.01	106.75	89.01	83.39
Interest Expense	-1.65	-1.89	-2.3	-2.97	-4.31	-3.56
Interest & Investment Income	8.06	7.9	3.79	1.28	0.82	0.33
Currency Exchange Gain (Loss)	1.46	1.46	0.6	1.43	2.2	-2.48
Other Non Operating Income (Expenses)	-2.19	0.14	-0.84	-0.55	-0.87	-0.85
EBT Excluding Unusual Items	111.07	114.48	111.26	105.93	86.86	76.83
Gain (Loss) on Sale of Investments	-0.69	-0.2	0.63	-	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.03	0.05	-0.02	-0.05	-0.35
Asset Writedown	-4.76	-4.27	-0.14	-0.59	-0.96	-0.21
Other Unusual Items	13.87	12.88	4.77	8.25	3.82	3.13
Pretax Income	119.43	122.86	116.58	113.57	89.67	79.41
Income Tax Expense	13.21	13.82	13.8	12.72	8.17	9.86
Earnings From Continuing Operations	106.22	109.04	102.78	100.85	81.5	69.54
Minority Interest in Earnings	-4.55	-4.1	-1.89	-4.27	-6.62	-4.55
Net Income	101.67	104.94	100.89	96.58	74.88	64.99
Net Income to Common	101.67	104.94	100.89	96.58	74.88	64.99
Net Income Growth	1.94%	4.01%	4.46%	28.98%	15.22%	38.26%
Shares Outstanding (Basic)	66	66	66	58	58	58
Shares Outstanding (Diluted)	66	66	66	58	58	58
Shares Change (YoY)	-6.79%	0.00%	14.29%	-0.00%	0.00%	0.01%
EPS (Basic)	1.54	1.59	1.53	1.67	1.29	1.12
EPS (Diluted)	1.54	1.59	1.53	1.67	1.29	1.12
EPS Growth	9.37%	4.01%	-8.60%	28.98%	15.22%	38.25%
Free Cash Flow	17.48	58.75	58.51	75.69	72.88	-0.06
Free Cash Flow Per Share	0.26	0.89	0.89	1.31	1.26	-0.00
Dividend Per Share	0.600	0.600	0.400	-	-	-
Dividend Growth	50.00%	50.00%	-	-	-	-
Gross Margin	28.87%	29.89%	31.11%	32.49%	28.26%	26.78%
Operating Margin	15.82%	16.54%	17.86%	18.24%	15.16%	14.71%
Profit Margin	15.26%	16.24%	16.38%	16.50%	12.76%	11.47%
Free Cash Flow Margin	2.62%	9.09%	9.50%	12.93%	12.41%	-0.01%
EBITDA	135.37	136.22	136.82	134.79	110.04	101.38
EBITDA Margin	20.32%	21.08%	22.22%	23.03%	18.74%	17.89%
D&A For EBITDA	29.99	29.35	26.81	28.04	21.03	17.99
EBIT	105.39	106.87	110.01	106.75	89.01	83.39
EBIT Margin	15.82%	16.54%	17.86%	18.24%	15.16%	14.71%
Effective Tax Rate	11.06%	11.25%	11.83%	11.20%	9.11%	12.42%
Revenue as Reported	666.13	646.08	615.85	585.18	587.06	566.81