福莱特 (601865.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	15.2B	15.6B	18.7B	21.5B	15.5B
Cost of Revenue	12.5B	12.9B	15.8B	16.8B	12.0B
Gross Profit	2.7B	2.6B	2.9B	4.7B	3.4B
Operating Expenses
R&D Expense	403.2M	430.7M	604.8M	596.8M	523.2M
SG&A Expense	—	—	—	—	—
General & Admin Expense	378.5M	336.1M	327.6M	302.2M	277.5M
Selling & Marketing Expense	71.8M	69.5M	52.0M	119.8M	118.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	1.5B	1.4B	1.6B	1.7B	1.3B
Cost and Expenses	14.0B	14.3B	17.4B	18.5B	13.3B
Operating Income (EBIT)	1.0B	1.1B	1.1B	3.1B	2.2B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	1.0B	1.1B	1.1B	3.1B	2.2B
Income Tax Expense	92.0M	87.6M	112.4M	288.8M	30.1M
Bottom Line
Net Income	912.6M	980.6M	1.0B	2.8B	2.1B
Earnings from Cont. Ops	925.1M	992.6M	1.0B	2.8B	2.1B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	912.6M	980.6M	1.0B	2.8B	2.1B
Per Share
Basic EPS	—	CN¥0.42	CN¥0.43	CN¥1.24	CN¥0.99
Diluted EPS	—	CN¥0.42	CN¥0.43	CN¥1.24	CN¥0.99
Revenue Per Share	—	—	—	—	—
Shares
Basic Shares Outstanding	—	—	—	—	—
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	—	3.1B	3.1B	4.9B	3.5B
D&A	—	2.0B	2.0B	1.8B	1.3B
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