Jiangxi Rimag Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	813.93	760.59	928.91	784.44	592.01
Revenue Growth (YoY)	0.13%	-18.12%	18.42%	32.51%	-
Cost of Revenue	559.01	483.26	596.32	547.49	416.83
Gross Profit	254.92	277.33	332.6	236.95	175.19
Selling, General & Admin	247.88	290.06	247.24	193.44	465.7
Research & Development	13.43	11.54	12.84	11.48	11.87
Other Operating Expenses	-14	-9.93	-7.34	-4.36	-5.99
Operating Expenses	269.29	313.64	269.46	204.08	482.46
Operating Income	-14.37	-36.31	63.14	32.87	-307.27
Interest Expense	-28.63	-25.27	-24.79	-37.34	-62.17
Interest & Investment Income	8.54	6.75	6.04	6.88	2.93
Earnings From Equity Investments	-3.27	-3.01	-5.8	-5.41	-3.67
Currency Exchange Gain (Loss)	3.35	3.35	-	-	-
Other Non Operating Income (Expenses)	-0.16	-0.16	-0.16	-	-
EBT Excluding Unusual Items	-34.52	-54.64	38.43	-2.99	-370.18
Gain (Loss) on Sale of Investments	2.47	2.47	3.13	-	-
Gain (Loss) on Sale of Assets	-0.29	-0.29	1.82	3.93	8.36
Other Unusual Items	1.13	1.13	-	-	-0.83
Pretax Income	-31.22	-51.33	43.38	0.94	-362.66
Income Tax Expense	12.77	7.53	6.81	15.99	19.3
Earnings From Continuing Operations	-43.99	-58.86	36.57	-15.06	-381.96
Minority Interest in Earnings	10.67	12.94	7.84	15.42	21.23
Net Income	-33.31	-45.92	44.42	0.36	-360.73
Net Income to Common	-33.31	-45.92	44.42	0.36	-360.73
Net Income Growth	-	-	12101.92%	-	-
Shares Outstanding (Basic)	357	349	338	338	308
Shares Outstanding (Diluted)	357	349	338	338	308
Shares Change (YoY)	4.80%	3.00%	-	9.99%	-
EPS (Basic)	-0.09	-0.13	0.13	0.00	-1.17
EPS (Diluted)	-0.09	-0.13	0.13	0.00	-1.17
EPS Growth	-	-	13021.20%	-	-
Free Cash Flow	-71.4	-290.72	109.12	-69.02	-119.98
Free Cash Flow Per Share	-0.20	-0.83	0.32	-0.20	-0.39
Gross Margin	31.32%	36.46%	35.80%	30.21%	29.59%
Operating Margin	-1.76%	-4.77%	6.80%	4.19%	-51.90%
Profit Margin	-4.09%	-6.04%	4.78%	0.05%	-60.93%
Free Cash Flow Margin	-8.77%	-38.22%	11.75%	-8.80%	-20.27%
EBITDA	142.73	119.32	215.82	175.65	-180.16
EBITDA Margin	17.54%	15.69%	23.23%	22.39%	-30.43%
D&A For EBITDA	157.1	155.63	152.68	142.78	127.12
EBIT	-14.37	-36.31	63.14	32.87	-307.27
EBIT Margin	-1.76%	-4.77%	6.80%	4.19%	-51.90%
Effective Tax Rate	-	-	15.69%	1710.48%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.