High Templar Tech 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
Revenue	40.96	216.43	126.34	577.49	1,654
Revenue Growth (YoY)	-81.07%	71.31%	-78.12%	-65.09%	-55.15%
Cost of Revenue	38.04	201.02	160.11	383.09	298.73
Gross Profit	2.92	15.41	-33.78	194.4	1,355
Selling, General & Admin	299.57	282.43	277.39	559.07	570.65
Research & Development	45.73	58.46	47.76	58.28	141.26
Other Operating Expenses	56.02	-17.34	-27.92	-93.44	-279.3
Total Operating Expenses	401.32	323.55	297.23	523.9	432.62
Operating Income	-398.4	-308.15	-331.01	-329.5	922.7
Interest Income	990.37	380.06	255.33	112.82	129.46
Other Non-Operating Income (Expense)	166.27	89.67	173.94	-66.94	16.05
Total Non-Operating Income (Expense)	1,157	469.73	429.28	45.88	145.51
Pretax Income	739.3	157.54	101.47	-269.62	846.41
Provision for Income Taxes	30.67	65.81	62.34	92.43	260.48
Net Income	727.57	95.78	35.93	-361.96	589.07
Minority Interest in Earnings	-18.94	-4.05	3.21	13.91	-224.95
Net Income to Common	727.57	95.78	35.93	-361.96	589.07
Net Income Growth	659.62%	166.60%	-	-	-38.56%
Shares Outstanding (Basic)	162	183	217	246	253
Shares Outstanding (Diluted)	167	188	222	246	266
Shares Change (YoY)	-11.12%	-15.50%	-9.68%	-7.61%	-2.93%
EPS (Basic)	4.37	0.50	0.18	-1.47	2.32
EPS (Diluted)	4.25	0.49	0.18	-1.47	2.27
EPS Growth	767.35%	172.22%	-	-	-36.77%
Shares Outstanding	156.68	168.69	200.6	232.25	253.74
Free Cash Flow	570.44	-429	-213.01	-12.76	443.63
Free Cash Flow Growth	-	-	-	-	-80.28%
Free Cash Flow Per Share	3.42	-2.28	-0.96	-0.05	1.67
Gross Margin	7.13%	7.12%	-26.73%	33.66%	81.94%
Operating Margin	-972.58%	-142.38%	-262.00%	-57.06%	55.78%
Profit Margin	1729.89%	42.38%	30.98%	-62.69%	35.42%
FCF Margin	1392.56%	-198.22%	-168.60%	-2.21%	26.82%
EBITDA	-331.58	-252.68	-289.74	-265.17	1,022
EBITDA Margin	-809.46%	-116.75%	-229.33%	-45.92%	61.80%
EBIT	-398.4	-308.15	-331.01	-329.5	922.7
EBIT Margin	-972.58%	-142.38%	-262.00%	-57.06%	55.78%
Effective Tax Rate	4.15%	41.77%	61.43%	-34.28%	30.78%

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.