Jinmao Property Services Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,668	2,966	2,704	2,436	1,516
Revenue Growth (YoY)	23.66%	9.67%	11.02%	60.74%	60.51%
Cost of Revenue	2,948	2,260	1,958	1,702	1,046
Gross Profit	720.19	706.41	746.54	733.82	469.57
Selling, General & Admin	231.23	220.3	309.52	292.58	224.04
Other Operating Expenses	68.51	45.3	14.03	11.81	7.48
Operating Expenses	299.74	265.6	323.55	304.4	231.52
Operating Income	420.44	440.81	423	429.43	238.05
Interest Expense	-9.11	-	-	-1.58	-33.71
Interest & Investment Income	12.34	10.43	13.09	12.07	35.84
Currency Exchange Gain (Loss)	-2.46	-0.83	-1.75	-26.38	-
Other Non Operating Income (Expenses)	4.44	43.35	10.77	15.65	9.67
EBT Excluding Unusual Items	425.67	493.76	445.11	429.19	249.86
Merger & Restructuring Charges	-	-	-	-0.96	-
Gain (Loss) on Sale of Assets	-0.03	-0.76	0.01	-0.27	-0.51
Asset Writedown	-24.11	-	1.67	18.36	-1.21
Pretax Income	401.53	493	446.79	446.31	248.14
Income Tax Expense	80.9	108.95	103.85	104.89	69.12
Earnings From Continuing Operations	320.63	384.05	342.95	341.42	179.01
Minority Interest in Earnings	-10.24	-11.59	-5.63	-5.42	-1.03
Net Income	310.39	372.46	337.32	336	177.98
Net Income to Common	310.39	372.46	337.32	336	177.98
Net Income Growth	-16.66%	10.42%	0.39%	88.79%	130.77%
Shares Outstanding (Basic)	904	904	904	885	800
Shares Outstanding (Diluted)	904	904	904	885	800
Shares Change (YoY)	-	-	2.21%	10.58%	-
EPS (Basic)	0.34	0.41	0.37	0.38	0.22
EPS (Diluted)	0.34	0.41	0.37	0.38	0.22
EPS Growth	-16.66%	10.42%	-1.78%	70.73%	130.77%
Free Cash Flow	-	511.04	418.45	94.22	312.92
Free Cash Flow Per Share	-	0.56	0.46	0.11	0.39
Dividend Per Share	0.153	0.169	0.154	0.150	-
Dividend Growth	-9.68%	9.61%	2.62%	-	-
Gross Margin	19.63%	23.82%	27.61%	30.12%	30.98%
Operating Margin	11.46%	14.86%	15.64%	17.63%	15.71%
Profit Margin	8.46%	12.56%	12.47%	13.79%	11.74%
Free Cash Flow Margin	-	17.23%	15.47%	3.87%	20.65%
EBITDA	465.18	485.54	457.33	451.43	247.68
EBITDA Margin	12.68%	16.37%	16.91%	18.53%	16.34%
D&A For EBITDA	44.73	44.73	34.34	22	9.63
EBIT	420.44	440.81	423	429.43	238.05
EBIT Margin	11.46%	14.86%	15.64%	17.63%	15.71%
Effective Tax Rate	20.15%	22.10%	23.24%	23.50%	27.86%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.