Jia Yao Holdings 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	644.94	770.48	768.75	968.36	688.94
Revenue Growth (YoY)	-16.29%	0.22%	-20.61%	40.56%	19.56%
Cost of Revenue	491.7	561.73	524.46	830.5	623.92
Gross Profit	153.23	208.75	244.29	137.86	65.02
Selling, General & Admin	147.01	171.61	123.2	120.53	88.44
Other Operating Expenses	-0.22	-2.03	2.84	-0.99	2.11
Operating Expenses	146.79	180.01	134.44	120.91	89.5
Operating Income	6.44	28.74	109.85	16.95	-24.48
Interest Expense	-5.71	-2.63	-0.32	-2.83	-6.3
Interest & Investment Income	-	0.91	0.71	2.25	1.56
Other Non Operating Income (Expenses)	1.67	-2.42	-0.98	-0.47	-0.2
EBT Excluding Unusual Items	2.4	24.6	109.25	15.91	-29.42
Gain (Loss) on Sale of Assets	-	-1.52	1.24	-	-0.47
Other Unusual Items	-	5.26	3	2.35	1.07
Pretax Income	2.4	28.35	113.5	18.27	-28.82
Income Tax Expense	-1.66	9.69	30.67	7.25	0.81
Earnings From Continuing Operations	4.07	18.66	82.83	11.02	-29.62
Earnings From Discontinued Operations	-	29.36	52.81	-	-
Net Income to Company	4.07	48.02	135.65	11.02	-29.62
Minority Interest in Earnings	-2.24	2.59	-36.36	-5.52	3.4
Net Income	1.83	50.61	99.29	5.5	-26.22
Net Income to Common	1.83	50.61	99.29	5.5	-26.22
Net Income Growth	-96.38%	-49.02%	1706.50%	-	-
Shares Outstanding (Basic)	610	600	600	409	300
Shares Outstanding (Diluted)	610	600	600	409	300
Shares Change (YoY)	1.67%	-	46.82%	36.22%	-
EPS (Basic)	0.00	0.08	0.17	0.01	-0.09
EPS (Diluted)	0.00	0.08	0.16	0.01	-0.09
EPS Growth	-96.43%	-47.50%	1500.00%	-	-
Free Cash Flow	-	-48.35	31.52	65.59	3.52
Free Cash Flow Per Share	-	-0.08	0.05	0.16	0.01
Dividend Per Share	-	-	-	0.050	-
Gross Margin	23.76%	27.09%	31.78%	14.24%	9.44%
Operating Margin	1.00%	3.73%	14.29%	1.75%	-3.55%
Profit Margin	0.28%	6.57%	12.91%	0.57%	-3.81%
Free Cash Flow Margin	-	-6.28%	4.10%	6.77%	0.51%
EBITDA	16.79	39.09	113.59	31.38	-12.05
EBITDA Margin	2.60%	5.07%	14.78%	3.24%	-1.75%
D&A For EBITDA	10.35	10.35	3.75	14.43	12.43
EBIT	6.44	28.74	109.85	16.95	-24.48
EBIT Margin	1.00%	3.73%	14.29%	1.75%	-3.55%
Effective Tax Rate	-	34.17%	27.02%	39.67%	-
Advertising Expenses	-	15.16	17.14	19.03	10.35

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