华研精机 (301138.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	673.4M	677.4M	645.8M	533.0M	544.9M
Cost of Revenue	412.0M	410.5M	395.1M	336.9M	335.8M
Gross Profit	261.4M	267.0M	250.8M	196.1M	209.2M
Operating Expenses
R&D Expense	29.7M	33.0M	30.4M	29.2M	28.2M
SG&A Expense	—	—	—	—	—
General & Admin Expense	52.0M	51.2M	48.8M	44.7M	44.4M
Selling & Marketing Expense	60.5M	58.9M	50.2M	37.2M	48.0M
Other Expenses	—	—	—	—	—
Total Operating Expenses	148.4M	147.0M	128.1M	107.7M	118.7M
Cost and Expenses	560.4M	557.5M	523.1M	444.6M	454.5M
Operating Income (EBIT)	110.3M	114.9M	119.6M	89.8M	101.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	110.8M	115.0M	122.4M	89.6M	101.2M
Income Tax Expense	12.6M	13.7M	18.1M	11.8M	14.7M
Bottom Line
Net Income	94.4M	98.1M	101.3M	76.0M	84.3M
Earnings from Cont. Ops	98.2M	101.3M	103.9M	77.8M	86.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	94.4M	98.1M	101.3M	76.0M	84.3M
Per Share
Basic EPS	CN¥0.79	CN¥0.82	CN¥0.84	CN¥0.63	CN¥0.70
Diluted EPS	CN¥0.79	CN¥0.82	CN¥0.84	CN¥0.63	CN¥0.70
Revenue Per Share	CN¥5.61	CN¥5.67	CN¥5.36	CN¥4.42	CN¥4.52
Shares
Basic Shares Outstanding	120.0M	119.6M	120.5M	120.6M	120.5M
Diluted Shares Outstanding	120.0M	119.6M	120.5M	120.6M	120.5M
Profitability Metrics
EBITDA	—	149.8M	144.0M	106.5M	117.4M
D&A	—	35.0M	24.4M	16.7M	16.2M
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