Mokingran Jewellery 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	20,184	19,713	20,209	15,724	16,871
Revenue Growth (YoY)	-3.30%	-2.45%	28.52%	-6.80%	-
Cost of Revenue	18,648	18,382	19,131	14,965	16,335
Gross Profit	1,536	1,331	1,077	759.25	536.44
Selling, General & Admin	330.53	332.59	337.1	262.75	252.74
Research & Development	23.44	22.37	17.47	13.53	10.72
Other Operating Expenses	-	-	-	11.47	17.01
Operating Expenses	354.33	359.06	355.24	276.63	292.88
Operating Income	1,182	971.8	722.22	482.62	243.56
Interest Expense	-78.42	-71.46	-63.13	-56.87	-64.16
Interest & Investment Income	2.89	3.72	5.49	8.16	5.97
Currency Exchange Gain (Loss)	5.88	1.33	-0.13	-0.12	0.01
Other Non Operating Income (Expenses)	-965.46	-620.63	-359.35	-191.18	110.44
EBT Excluding Unusual Items	146.4	284.77	305.09	242.61	295.82
Gain (Loss) on Sale of Investments	-	0.01	0.08	-	-
Gain (Loss) on Sale of Assets	0.64	0.2	-0.06	1.56	0.06
Asset Writedown	-15.21	-15.21	-	-	-
Pretax Income	131.84	269.77	305.11	244.16	295.87
Income Tax Expense	47.37	69.03	71.64	63.41	71.38
Earnings From Continuing Operations	84.47	200.74	233.47	180.76	224.5
Minority Interest in Earnings	-12.63	-11.38	-3.1	0.07	-3.88
Net Income	71.84	189.36	230.38	180.83	220.62
Net Income to Common	71.84	189.36	230.38	180.83	220.62
Net Income Growth	-58.63%	-17.80%	27.40%	-18.04%	-
Shares Outstanding (Basic)	254	233	229	226	225
Shares Outstanding (Diluted)	254	233	229	226	225
Shares Change (YoY)	10.99%	1.60%	1.23%	0.62%	-
EPS (Basic)	0.28	0.81	1.01	0.80	0.98
EPS (Diluted)	0.28	0.81	1.01	0.80	0.98
EPS Growth	-63.17%	-19.46%	25.86%	-18.54%	-
Free Cash Flow	-413	-508.63	130.03	448.95	-75.41
Free Cash Flow Per Share	-1.62	-2.19	0.57	1.98	-0.34
Dividend Per Share	0.300	0.300	-	-	-
Gross Margin	7.61%	6.75%	5.33%	4.83%	3.18%
Operating Margin	5.85%	4.93%	3.57%	3.07%	1.44%
Profit Margin	0.36%	0.96%	1.14%	1.15%	1.31%
Free Cash Flow Margin	-2.05%	-2.58%	0.64%	2.85%	-0.45%
EBITDA	1,233	1,021	763.92	514.66	275.1
EBITDA Margin	6.11%	5.18%	3.78%	3.27%	1.63%
D&A For EBITDA	51.35	49.35	41.71	32.05	31.54
EBIT	1,182	971.8	722.22	482.62	243.56
EBIT Margin	5.85%	4.93%	3.57%	3.07%	1.44%
Effective Tax Rate	35.93%	25.59%	23.48%	25.97%	24.12%
Advertising Expenses	-	-	-	40.47	36

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