Mokingran Jewellery Group 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	20,710	19,713	20,209	15,724	16,871
Revenue Growth (YoY)	5.06%	-2.45%	28.52%	-6.80%	-
Cost of Revenue	19,131	18,382	19,131	14,965	16,335
Gross Profit	1,579	1,331	1,077	759.25	536.44
Selling, General & Admin	317.82	332.59	337.1	262.75	252.74
Research & Development	18.86	22.37	17.47	13.53	10.72
Other Operating Expenses	-	-	-	11.47	17.01
Operating Expenses	333.66	359.06	355.24	276.63	292.88
Operating Income	1,245	971.8	722.22	482.62	243.56
Interest Expense	-91.18	-71.46	-63.13	-56.87	-64.16
Interest & Investment Income	3.3	3.72	5.49	8.16	5.97
Currency Exchange Gain (Loss)	3.59	1.33	-0.13	-0.12	0.01
Other Non Operating Income (Expenses)	-991.83	-620.63	-359.35	-191.18	110.44
EBT Excluding Unusual Items	169.24	284.77	305.09	242.61	295.82
Gain (Loss) on Sale of Investments	-1.65	0.01	0.08	-	-
Gain (Loss) on Sale of Assets	-0.1	0.2	-0.06	1.56	0.06
Asset Writedown	-6.99	-15.21	-	-	-
Pretax Income	160.5	269.77	305.11	244.16	295.87
Income Tax Expense	50.56	69.03	71.64	63.41	71.38
Earnings From Continuing Operations	109.95	200.74	233.47	180.76	224.5
Minority Interest in Earnings	-13.43	-11.38	-3.1	0.07	-3.88
Net Income	96.52	189.36	230.38	180.83	220.62
Net Income to Common	96.52	189.36	230.38	180.83	220.62
Net Income Growth	-49.03%	-17.80%	27.40%	-18.04%	-
Shares Outstanding (Basic)	270	233	229	226	225
Shares Outstanding (Diluted)	270	233	229	226	225
Shares Change (YoY)	16.06%	1.60%	1.23%	0.62%	-
EPS (Basic)	0.36	0.81	1.01	0.80	0.98
EPS (Diluted)	0.36	0.81	1.01	0.80	0.98
EPS Growth	-55.88%	-19.46%	25.86%	-18.54%	-
Free Cash Flow	-	-508.63	130.03	448.95	-75.41
Free Cash Flow Per Share	-	-2.19	0.57	1.98	-0.34
Dividend Per Share	0.300	0.300	-	-	-
Gross Margin	7.63%	6.75%	5.33%	4.83%	3.18%
Operating Margin	6.01%	4.93%	3.57%	3.07%	1.44%
Profit Margin	0.47%	0.96%	1.14%	1.15%	1.31%
Free Cash Flow Margin	-	-2.58%	0.64%	2.85%	-0.45%
EBITDA	1,295	1,021	763.92	514.66	275.1
EBITDA Margin	6.25%	5.18%	3.78%	3.27%	1.63%
D&A For EBITDA	49.35	49.35	41.71	32.05	31.54
EBIT	1,245	971.8	722.22	482.62	243.56
EBIT Margin	6.01%	4.93%	3.57%	3.07%	1.44%
Effective Tax Rate	31.50%	25.59%	23.48%	25.97%	24.12%
Advertising Expenses	-	-	-	40.47	36

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