Jiangxi Qiyunshan Food 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	349.08	360.89	271.8
Revenue Growth (YoY)	-3.27%	32.78%	-
Cost of Revenue	169.93	185.45	139.11
Gross Profit	179.15	175.45	132.69
Selling, General & Admin	106.24	95.93	90.17
Research & Development	12.72	12.71	12.19
Other Operating Expenses	4.09	4.07	3.77
Operating Expenses	123.12	112.72	106.13
Operating Income	56.04	62.73	26.56
Interest & Investment Income	1.22	1.75	1.74
Other Non Operating Income (Expenses)	0.74	0.05	-0.01
EBT Excluding Unusual Items	58	64.53	28.29
Gain (Loss) on Sale of Investments	-	0.01	0.02
Gain (Loss) on Sale of Assets	-	0.02	-
Legal Settlements	-1.84	-3.56	-
Other Unusual Items	6.65	4.39	1.63
Pretax Income	62.81	65.39	29.94
Income Tax Expense	8.36	8.78	3.82
Net Income	54.44	56.61	26.12
Net Income to Common	54.44	56.61	26.12
Net Income Growth	-3.83%	116.78%	-
Shares Outstanding (Basic)	75	75	75
Shares Outstanding (Diluted)	75	75	75
EPS (Basic)	0.73	0.75	0.35
EPS (Diluted)	0.73	0.75	0.35
EPS Growth	-3.83%	116.78%	-
Free Cash Flow	-7.04	90.48	0.18
Free Cash Flow Per Share	-0.09	1.21	0.00
Gross Margin	51.32%	48.61%	48.82%
Operating Margin	16.05%	17.38%	9.77%
Profit Margin	15.60%	15.69%	9.61%
Free Cash Flow Margin	-2.02%	25.07%	0.07%
EBITDA	67.66	72.56	34.56
EBITDA Margin	19.38%	20.11%	12.72%
D&A For EBITDA	11.63	9.83	8
EBIT	56.04	62.73	26.56
EBIT Margin	16.05%	17.38%	9.77%
Effective Tax Rate	13.31%	13.42%	12.76%
Advertising Expenses	40.98	40.04	40.52