兴瑞科技 (002937.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.8B	1.8B	1.9B	2.0B	1.8B
Cost of Revenue	1.4B	1.3B	1.4B	1.5B	1.3B
Gross Profit	411.5M	416.3M	483.8M	536.6M	465.7M
Operating Expenses
R&D Expense	75.7M	76.6M	77.5M	73.3M	69.6M
SG&A Expense	—	—	—	—	—
General & Admin Expense	108.7M	112.0M	116.1M	115.5M	124.7M
Selling & Marketing Expense	31.9M	31.9M	35.8M	39.1M	41.0M
Other Expenses	—	—	—	—	—
Total Operating Expenses	254.8M	248.7M	230.3M	230.4M	213.1M
Cost and Expenses	1.7B	1.6B	1.6B	1.7B	1.5B
Operating Income (EBIT)	160.3M	165.4M	260.2M	305.9M	239.9M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	156.8M	161.7M	258.8M	303.4M	234.6M
Income Tax Expense	17.6M	18.7M	31.1M	37.1M	16.9M
Bottom Line
Net Income	140.6M	144.6M	228.5M	267.0M	218.9M
Earnings from Cont. Ops	139.2M	143.0M	227.7M	266.3M	217.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	140.6M	144.6M	228.5M	267.0M	218.9M
Per Share
Basic EPS	CN¥0.47	CN¥0.49	CN¥0.77	CN¥0.90	CN¥0.74
Diluted EPS	CN¥0.47	CN¥0.49	CN¥0.77	CN¥0.87	CN¥0.74
Revenue Per Share	CN¥6.01	CN¥5.97	CN¥6.41	CN¥6.76	CN¥5.97
Shares
Basic Shares Outstanding	301.5M	295.1M	296.8M	296.7M	295.8M
Diluted Shares Outstanding	301.5M	295.1M	296.8M	296.7M	295.8M
Profitability Metrics
EBITDA	—	263.8M	345.4M	374.7M	296.3M
D&A	—	98.4M	85.2M	68.8M	56.4M
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