悦安新材 (688786.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	452.3M	437.5M	417.8M	368.5M	427.7M
Cost of Revenue	266.8M	263.7M	270.6M	224.5M	281.7M
Gross Profit	185.5M	173.8M	147.2M	144.0M	146.0M
Operating Expenses
R&D Expense	21.7M	20.8M	23.4M	20.2M	21.1M
SG&A Expense	—	—	—	—	—
General & Admin Expense	44.4M	38.4M	27.6M	26.9M	23.9M
Selling & Marketing Expense	10.6M	10.2M	9.4M	9.9M	7.5M
Other Expenses	—	—	—	—	—
Total Operating Expenses	86.8M	77.9M	61.6M	53.8M	50.1M
Cost and Expenses	353.7M	341.6M	332.3M	278.3M	331.8M
Operating Income (EBIT)	102.0M	97.8M	78.9M	90.7M	108.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	100.8M	97.1M	77.6M	90.4M	108.3M
Income Tax Expense	15.7M	14.1M	9.7M	11.6M	9.0M
Bottom Line
Net Income	85.2M	82.8M	70.3M	79.9M	98.8M
Earnings from Cont. Ops	85.1M	82.9M	67.8M	78.8M	99.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	85.2M	82.8M	70.3M	79.9M	98.8M
Per Share
Basic EPS	CN¥0.59	CN¥0.58	CN¥0.49	CN¥0.67	CN¥1.16
Diluted EPS	CN¥0.59	CN¥0.58	CN¥0.49	CN¥0.67	CN¥1.16
Revenue Per Share	CN¥3.06	CN¥3.06	CN¥2.91	CN¥3.09	CN¥5.02
Shares
Basic Shares Outstanding	147.7M	142.8M	143.5M	119.2M	85.2M
Diluted Shares Outstanding	147.7M	142.8M	143.5M	119.2M	85.2M
Profitability Metrics
EBITDA	—	134.8M	114.7M	110.4M	123.6M
D&A	—	37.0M	35.8M	19.7M	14.8M
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