Zhongji Innolight Co., Ltd. (ZHONGJI) income statement

SHZ · Technology · Communication Equipment · 11,625 employees · CEO Sheng Liu

Price: CN¥550.00 -0.54%
Market cap: CN¥643B
Enterprise value: CN¥592B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-26 EPS est. CN¥11.30

Zhongji Innolight Co., Ltd. (ZHONGJI) reported revenue of CN¥27.8B for Q3 '26 (+171.8% year on year), operating income of CN¥11.7B (42.3% of revenue) and net income of CN¥8.59B. Over the last four quarters revenue was CN¥82.8B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥3.69B	CN¥4.84B	CN¥5.96B	CN¥6.51B	CN¥6.55B	CN¥6.67B	CN¥8.11B	CN¥10.2B	CN¥13.2B	CN¥19.5B	CN¥22.3B	CN¥27.8B
Cost of revenue	CN¥2.48B	CN¥3.26B	CN¥3.97B	CN¥4.32B	CN¥4.33B	CN¥4.22B	CN¥4.8B	CN¥5.79B	CN¥9.83B	CN¥10.5B	CN¥12B	CN¥14.8B
Gross profit	CN¥1.2B	CN¥1.59B	CN¥1.99B	CN¥2.2B	CN¥2.22B	CN¥2.45B	CN¥3.31B	CN¥4.42B	CN¥3.41B	CN¥8.98B	CN¥10.3B	CN¥12.9B
Research & development	CN¥268M	CN¥257M	CN¥267M	CN¥217M	CN¥502M	CN¥290M	CN¥295M	CN¥360M	CN¥945M	CN¥645M	CN¥460M	CN¥710M
Sales & marketing	CN¥44.3M	CN¥44.8M	CN¥44.3M	CN¥46M	CN¥64.1M	CN¥50.1M	CN¥51M	CN¥59.8M	CN¥161M	CN¥78.7M	CN¥79.2M	CN¥164M
General & administrative	CN¥144M	CN¥129M	CN¥177M	CN¥165M	CN¥208M	CN¥148M	CN¥142M	CN¥216M	CN¥506M	CN¥409M	CN¥357M	CN¥672M
Other operating expenses	-CN¥279M	-CN¥14.9M	-CN¥60.3M	CN¥84.8M	-CN¥194M	-CN¥28.1M	-CN¥62.3M	-CN¥173M	-CN¥2.96B	CN¥77.4M	CN¥52M	-CN¥352M
Operating expenses	CN¥178M	CN¥417M	CN¥429M	CN¥513M	CN¥580M	CN¥461M	CN¥426M	CN¥462M	-CN¥1.35B	CN¥1.21B	CN¥948M	CN¥1.19B
Operating income	CN¥1.03B	CN¥1.17B	CN¥1.56B	CN¥1.68B	CN¥1.64B	CN¥1.99B	CN¥2.89B	CN¥3.96B	CN¥4.76B	CN¥7.77B	CN¥9.31B	CN¥11.7B
Interest income	CN¥332M	CN¥27.9M	CN¥21.1M	CN¥42.5M	CN¥28.1M	CN¥64.1M	CN¥112M	CN¥81.5M	CN¥0	CN¥92.9M	CN¥218M	CN¥183M
Interest expense	CN¥0	CN¥13.6M	CN¥10.9M	CN¥27.2M	-CN¥79.2M	CN¥16.7M	CN¥17M	CN¥16.5M	CN¥0	CN¥12.7M	CN¥18.9M	CN¥13.9M
Other non-operating income (gains on investments, FX ...)	CN¥1.79M	-CN¥19.2M	-CN¥6.66M	-CN¥28.2M	CN¥79M	-CN¥17.8M	-CN¥19.9M	-CN¥14.4M	CN¥49.4M	CN¥221M	CN¥0	CN¥1.13B
Total non-operating income	-CN¥1.79M	CN¥5.58M	-CN¥4.28M	CN¥975K	CN¥216K	CN¥1.05M	CN¥2.86M	-CN¥2.1M	CN¥887K	-CN¥234M	CN¥380M	-CN¥1.14B
Income before tax	CN¥1.02B	CN¥1.18B	CN¥1.55B	CN¥1.68B	CN¥1.64B	CN¥1.99B	CN¥2.89B	CN¥3.96B	CN¥4.76B	CN¥7.54B	CN¥9.69B	CN¥10.6B
Income tax	CN¥128M	CN¥148M	CN¥175M	CN¥218M	CN¥140M	CN¥299M	CN¥339M	CN¥632M	CN¥1.53B	CN¥1.22B	CN¥1.28B	CN¥1.25B
Net income	CN¥878M	CN¥1.01B	CN¥1.35B	CN¥1.39B	CN¥1.42B	CN¥1.58B	CN¥2.41B	CN¥3.14B	CN¥3.67B	CN¥5.73B	CN¥7.92B	CN¥8.59B
EPS (basic)	CN¥0.75	CN¥0.93	CN¥1.23	CN¥1.23	CN¥1.26	CN¥1.44	CN¥2.17	CN¥2.78	CN¥3.32	CN¥5.18	CN¥7.10	CN¥7.40
EPS (diluted)	CN¥0.75	CN¥0.91	CN¥1.23	CN¥1.23	CN¥1.26	CN¥1.43	CN¥2.17	CN¥2.78	CN¥3.32	CN¥5.14	CN¥7.05	CN¥7.40
Shares (basic, weighted)	1.17B	1.11B	1.1B	1.14B	1.13B	1.11B	1.11B	1.13B	1.11B	1.11B	1.12B	1.16B
Shares (diluted, weighted)	1.17B	1.11B	1.1B	1.14B	1.13B	1.11B	1.11B	1.13B	1.11B	1.12B	1.12B	1.16B
Depreciation & amortization	CN¥140M	CN¥163M	CN¥163M	CN¥194M	CN¥194M	CN¥203M	CN¥203M	CN¥264M	CN¥264M	CN¥0	CN¥301M	CN¥0
EBITDA	CN¥1.16B	CN¥1.35B	CN¥1.73B	CN¥1.9B	CN¥1.75B	CN¥2.21B	CN¥3.11B	CN¥4.24B	CN¥4.97B	CN¥7.55B	CN¥9.62B	CN¥11.7B

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥132M	CN¥2.36B	CN¥5.16B	CN¥4.76B	CN¥7.05B	CN¥7.7B	CN¥9.64B	CN¥10.7B	CN¥23.9B	CN¥38.2B
Cost of revenue	CN¥93.2M	CN¥1.75B	CN¥3.81B	CN¥3.58B	CN¥5.31B	CN¥5.81B	CN¥6.97B	CN¥7.28B	CN¥15.9B	CN¥24.6B
Gross profit	CN¥38.4M	CN¥610M	CN¥1.34B	CN¥1.18B	CN¥1.74B	CN¥1.89B	CN¥2.67B	CN¥3.44B	CN¥7.99B	CN¥13.6B
Research & development	CN¥6.75M	CN¥129M	CN¥309M	CN¥362M	CN¥506M	CN¥541M	CN¥767M	CN¥739M	CN¥1.24B	CN¥1.89B
Sales & marketing	CN¥3.7M	CN¥32M	CN¥60.2M	CN¥55.4M	CN¥107M	CN¥74.7M	CN¥91.1M	CN¥125M	CN¥199M	CN¥322M
General & administrative	CN¥39.2M	CN¥115M	CN¥253M	CN¥273M	CN¥369M	CN¥433M	CN¥506M	CN¥434M	CN¥680M	CN¥1.01B
Other operating expenses	-CN¥18.3M	CN¥128M	CN¥37.6M	-CN¥87.8M	-CN¥235M	-CN¥126M	CN¥16.6M	-CN¥357M	-CN¥185M	-CN¥3.22B
Operating expenses	CN¥31.4M	CN¥405M	CN¥660M	CN¥603M	CN¥747M	CN¥922M	CN¥1.38B	CN¥941M	CN¥1.94B	CN¥0
Operating income	CN¥7.06M	CN¥206M	CN¥682M	CN¥576M	CN¥990M	CN¥963M	CN¥1.29B	CN¥2.49B	CN¥6.05B	CN¥13.6B
Interest income	CN¥695K	CN¥5.82M	CN¥7.33M	CN¥18.1M	CN¥24.2M	CN¥20.8M	CN¥65.1M	CN¥128M	CN¥114M	CN¥258M
Interest expense	CN¥52.2K	CN¥22.2M	CN¥56.1M	CN¥50.2M	CN¥66M	CN¥86.4M	CN¥65.2M	CN¥28.7M	CN¥86.9M	CN¥50.3M
Other non-operating income (gains on investments, FX ...)	-CN¥3.9M	-CN¥22.2M	-CN¥69.1M	-CN¥50.5M	-CN¥63.2M	-CN¥83.4M	-CN¥129M	-CN¥27.1M	-CN¥89.4M	-CN¥2.7M
Total non-operating income	CN¥3.85M	CN¥22.9K	CN¥13.1M	CN¥302K	-CN¥2.84M	-CN¥3M	CN¥63.6M	-CN¥1.63M	CN¥2.49M	CN¥2.7M
Income before tax	CN¥10.9M	CN¥206M	CN¥695M	CN¥577M	CN¥987M	CN¥960M	CN¥1.35B	CN¥2.49B	CN¥6.05B	CN¥13.6B
Income tax	CN¥857K	CN¥44.4M	CN¥71.8M	CN¥63.2M	CN¥111M	CN¥73.4M	CN¥118M	CN¥285M	CN¥681M	CN¥2.8B
Net income	CN¥10.1M	CN¥162M	CN¥623M	CN¥513M	CN¥865M	CN¥877M	CN¥1.22B	CN¥2.17B	CN¥5.17B	CN¥10.8B
EPS (basic)	CN¥0.03	CN¥0.26	CN¥0.69	CN¥0.52	CN¥0.88	CN¥0.86	CN¥1.10	CN¥2.00	CN¥4.72	CN¥9.70
EPS (diluted)	CN¥0.03	CN¥0.26	CN¥0.68	CN¥0.52	CN¥0.87	CN¥0.86	CN¥1.10	CN¥1.97	CN¥4.63	CN¥9.70
Shares (basic, weighted)	394M	633M	918M	985M	993M	1.01B	1.11B	1.1B	1.12B	1.11B
Shares (diluted, weighted)	394M	633M	918M	985M	993M	1.01B	1.11B	1.1B	1.12B	1.11B
Depreciation & amortization	CN¥31.1M	CN¥101M	CN¥201M	CN¥241M	CN¥331M	CN¥436M	CN¥493M	CN¥525M	CN¥713M	CN¥934M
EBITDA	CN¥42M	CN¥329M	CN¥952M	CN¥868M	CN¥1.38B	CN¥1.48B	CN¥1.91B	CN¥3.05B	CN¥6.85B	CN¥14.5B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02