诺禾致源 (688315.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.3B	2.2B	2.1B	2.0B	1.9B
Cost of Revenue	1.3B	1.3B	1.2B	1.1B	1.1B
Gross Profit	974.4M	939.8M	923.6M	855.6M	852.7M
Operating Expenses
R&D Expense	166.5M	159.9M	131.4M	124.2M	125.6M
SG&A Expense	—	—	—	—	—
General & Admin Expense	145.3M	145.3M	158.3M	177.6M	172.2M
Selling & Marketing Expense	461.5M	443.6M	406.0M	379.1M	331.6M
Other Expenses	—	—	—	—	—
Total Operating Expenses	776.2M	741.2M	694.7M	670.6M	626.2M
Cost and Expenses	2.1B	2.0B	1.9B	1.8B	1.7B
Operating Income (EBIT)	192.8M	193.5M	234.0M	214.9M	212.5M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	192.3M	192.9M	224.7M	212.6M	208.6M
Income Tax Expense	24.9M	21.4M	20.9M	29.4M	27.0M
Bottom Line
Net Income	162.5M	166.9M	196.8M	178.1M	177.2M
Earnings from Cont. Ops	167.5M	171.5M	203.8M	183.2M	181.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	162.5M	166.9M	196.8M	178.1M	177.2M
Per Share
Basic EPS	CN¥0.40	CN¥0.41	CN¥0.48	CN¥0.44	CN¥0.44
Diluted EPS	CN¥0.40	CN¥0.41	CN¥0.48	CN¥0.44	CN¥0.44
Revenue Per Share	CN¥5.38	CN¥5.43	CN¥5.15	CN¥4.95	CN¥4.78
Shares
Basic Shares Outstanding	420.7M	407.2M	410.0M	404.7M	402.8M
Diluted Shares Outstanding	420.7M	407.2M	410.0M	404.7M	402.8M
Profitability Metrics
EBITDA	—	325.8M	376.1M	347.6M	330.2M
D&A	—	132.3M	142.1M	132.7M	117.8M
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