友发集团 (601686.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	49.9B	50.7B	54.8B	60.9B	67.4B
Cost of Revenue	48.4B	49.0B	53.2B	59.2B	66.1B
Gross Profit	1.6B	1.6B	1.6B	1.7B	1.3B
Operating Expenses
R&D Expense	115.8M	110.4M	145.3M	91.8M	22.4M
SG&A Expense	—	—	—	—	—
General & Admin Expense	400.9M	407.4M	378.6M	382.3M	319.8M
Selling & Marketing Expense	217.6M	233.6M	187.4M	203.8M	176.2M
Other Expenses	—	—	—	—	—
Total Operating Expenses	899.5M	905.0M	909.2M	946.8M	822.5M
Cost and Expenses	49.3B	49.9B	54.1B	60.1B	66.9B
Operating Income (EBIT)	930.9M	921.5M	699.4M	759.8M	382.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	917.9M	901.8M	687.8M	751.2M	373.0M
Income Tax Expense	180.6M	159.8M	205.7M	179.2M	154.4M
Bottom Line
Net Income	676.3M	679.8M	424.8M	569.9M	297.0M
Earnings from Cont. Ops	737.4M	742.1M	482.1M	572.0M	218.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	676.3M	679.8M	424.8M	569.9M	297.0M
Per Share
Basic EPS	CN¥0.48	CN¥0.47	CN¥0.30	CN¥0.40	CN¥0.21
Diluted EPS	CN¥0.48	CN¥0.47	CN¥0.30	CN¥0.40	CN¥0.21
Revenue Per Share	CN¥33.93	CN¥35.02	CN¥38.63	CN¥42.97	CN¥47.62
Shares
Basic Shares Outstanding	1.5B	1.4B	1.4B	1.4B	1.4B
Diluted Shares Outstanding	1.5B	1.4B	1.4B	1.4B	1.4B
Profitability Metrics
EBITDA	—	1.5B	1.3B	1.3B	832.2M
D&A	—	578.1M	559.2M	535.0M	449.4M
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