Ceyear Technologies 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	Sep '26 Sep 30, 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	2,367	2,378	2,041	2,133	1,933	1,472
Other Revenue	20.22	20.22	10.89	19.58	16.27	41.43
Revenue	2,387	2,398	2,052	2,153	1,949	1,513
Revenue Growth	-	16.89%	-4.69%	10.45%	28.82%	20.97%
Cost of Revenue	1,306	1,321	1,070	1,351	1,303	987.29
Gross Profit	1,081	1,078	982.28	801.65	646.15	525.82
Selling, General & Admin	325.61	301.47	278.39	284.38	270.4	227.01
Research & Development	413.86	452.11	452.17	373	166.51	126.8
Other Operating Expenses	22.66	0.65	3.55	3.39	10.1	11.89
Operating Expenses	760.82	761.15	751.43	674.88	451.35	371.68
Operating Income	320.52	316.49	230.85	126.77	194.8	154.13
Interest Expense	-1	-0.92	-1.7	-3.75	-4.97	-5.67
Interest & Investment Income	14.94	13.04	13.64	22.07	18.92	9.73
Currency Exchange Gain (Loss)	0.73	0.73	0.19	0.15	0.09	-0.19
Other Non Operating Income (Expenses)	-8.79	0.37	-0.27	-0.85	-0.43	-0.05
EBT Excluding Unusual Items	326.41	329.71	242.7	144.38	208.41	157.96
Gain (Loss) on Sale of Assets	0.08	0.32	2.9	0.42	0.75	0.04
Asset Writedown	-6.87	-0.07	0.17	0.01	-0	-
Other Unusual Items	161	118.35	21.86	37.5	30.54	44.94
Pretax Income	480.61	448.31	267.63	182.31	239.7	202.94
Income Tax Expense	14.8	10.1	-6.96	-7.56	11.83	11.61
Net Income	465.81	438.21	274.59	189.87	227.87	191.33
Net Income to Common	465.81	438.21	274.59	189.87	227.87	191.33
Net Income Growth	-	59.59%	44.62%	-16.68%	19.10%	60.73%
Shares Outstanding (Basic)	827	827	832	826	814	832
Shares Outstanding (Diluted)	827	827	832	826	814	832
Shares Change	-	-0.63%	0.80%	1.44%	-2.17%	11.81%
EPS (Basic)	0.56	0.53	0.33	0.23	0.28	0.23
EPS (Diluted)	0.56	0.53	0.33	0.23	0.28	0.23
EPS Growth	-	60.61%	43.48%	-17.86%	21.74%	43.75%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	745.57	441.94	173.4	-62.29	217.66	433.55
Free Cash Flow Per Share	0.90	0.54	0.21	-0.07	0.27	0.52
Gross Margin	45.30%	44.93%	47.87%	37.23%	33.15%	34.75%
Operating Margin	13.43%	13.20%	11.25%	5.89%	9.99%	10.19%
Profit Margin	19.52%	18.27%	13.38%	8.82%	11.69%	12.65%
Free Cash Flow Margin	31.24%	18.43%	8.45%	-2.89%	11.17%	28.65%
EBITDA	395.33	389.67	303.97	187.85	242.77	202.04
EBITDA Margin	16.56%	16.25%	14.81%	8.72%	12.46%	13.35%
D&A For EBITDA	74.81	73.18	73.12	61.08	47.97	47.91
EBIT	320.52	316.49	230.85	126.77	194.8	154.13
EBIT Margin	13.43%	13.20%	11.25%	5.89%	9.99%	10.19%
Effective Tax Rate	3.08%	2.25%	-	-	4.94%	5.72%
Revenue as Reported	2,387	2,398	2,052	2,153	1,949	1,513
Advertising Expenses	-	5.48	4.22	5.28	1.57	4.58