Fuling Technology Co., Ltd. (001356.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.1B	2.0B	2.3B	1.9B	2.2B
Cost of Revenue	1.7B	1.7B	1.8B	1.4B	1.7B
Gross Profit	356.8M	366.5M	478.9M	470.7M	480.4M
Operating Expenses
R&D Expense	47.8M	51.8M	62.9M	57.1M	57.5M
SG&A Expense	—	—	—	—	—
General & Admin Expense	105.9M	104.7M	86.8M	79.7M	73.0M
Selling & Marketing Expense	91.6M	93.0M	86.8M	73.7M	65.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	291.5M	280.9M	238.6M	220.3M	190.9M
Cost and Expenses	2.0B	2.0B	2.0B	1.6B	1.9B
Operating Income (EBIT)	89.4M	109.6M	248.0M	250.0M	297.6M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	88.9M	109.4M	248.0M	249.6M	297.3M
Income Tax Expense	17.2M	17.8M	29.0M	34.5M	44.0M
Bottom Line
Net Income	71.3M	91.5M	220.1M	215.7M	255.4M
Earnings from Cont. Ops	71.7M	91.6M	218.9M	215.1M	253.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	71.3M	91.5M	220.1M	215.7M	255.4M
Per Share
Basic EPS	CN¥0.13	CN¥0.16	CN¥0.50	CN¥0.49	CN¥0.58
Diluted EPS	CN¥0.13	CN¥0.16	CN¥0.50	CN¥0.49	CN¥0.58
Revenue Per Share	CN¥3.56	CN¥3.58	CN¥5.15	CN¥4.29	CN¥4.89
Shares
Basic Shares Outstanding	590.3M	572.0M	440.2M	440.2M	440.3M
Diluted Shares Outstanding	590.3M	572.0M	440.2M	440.2M	440.3M
Profitability Metrics
EBITDA	—	202.3M	337.0M	334.2M	366.5M
D&A	—	92.8M	89.1M	84.2M	68.9M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026