创新新材 (600361.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	78.1B	77.0B	80.9B	72.8B	69.3B
Cost of Revenue	75.6B	74.6B	78.2B	70.5B	66.9B
Gross Profit	2.6B	2.4B	2.7B	2.3B	2.4B
Operating Expenses
R&D Expense	379.9M	313.7M	296.2M	269.6M	265.6M
SG&A Expense	—	—	—	—	—
General & Admin Expense	504.8M	506.6M	460.6M	379.2M	317.7M
Selling & Marketing Expense	127.1M	124.7M	115.4M	92.3M	81.3M
Other Expenses	—	—	—	—	—
Total Operating Expenses	1.6B	1.5B	1.4B	1.2B	1.1B
Cost and Expenses	77.2B	76.1B	79.6B	71.7B	68.0B
Operating Income (EBIT)	1.1B	1.0B	1.3B	1.2B	1.3B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	1.1B	1.0B	1.3B	1.2B	1.3B
Income Tax Expense	244.9M	242.8M	325.6M	284.2M	252.2M
Bottom Line
Net Income	844.9M	785.5M	1.0B	957.9M	1.1B
Earnings from Cont. Ops	836.1M	775.6M	1.0B	957.7M	1.1B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	844.9M	785.5M	1.0B	957.9M	1.1B
Per Share
Basic EPS	CN¥0.21	CN¥0.20	CN¥0.24	CN¥0.23	CN¥0.32
Diluted EPS	CN¥0.21	CN¥0.20	CN¥0.24	CN¥0.23	CN¥0.32
Revenue Per Share	CN¥20.82	CN¥19.73	CN¥19.00	CN¥17.70	CN¥20.10
Shares
Basic Shares Outstanding	3.8B	3.9B	4.3B	4.1B	3.4B
Diluted Shares Outstanding	3.8B	3.9B	4.3B	4.1B	3.4B
Profitability Metrics
EBITDA	—	1.8B	2.0B	1.7B	1.8B
D&A	—	743.8M	621.9M	449.9M	423.3M
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