Changjiu Holdings 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	1,037	677.63	641.77	547.87	477.7	430.59
Revenue Growth (YoY)	54.90%	5.59%	17.14%	14.69%	10.94%	-
Cost of Revenue	734.47	379.58	359.08	322.83	295.4	261.63
Gross Profit	302.68	298.04	282.69	225.04	182.3	168.96
Selling, General & Admin	107.64	111.8	125.14	81.98	77.23	47.65
Research & Development	19.75	17.43	13.51	9.03	9.41	10.3
Other Operating Expenses	-19.41	-19.36	-1.42	-1.55	-0.41	-0.36
Operating Expenses	110.81	110.24	138.54	91.67	86.15	57.91
Operating Income	191.87	187.81	144.15	133.37	96.15	111.05
Interest Expense	-1.49	-0.52	-2.6	-3.47	-2.98	-0.9
Currency Exchange Gain (Loss)	0.83	-0.21	0.08	-	-	-
Other Non Operating Income (Expenses)	10.65	10.61	0.64	-0.14	-0.05	-0.51
EBT Excluding Unusual Items	201.86	197.68	142.27	129.76	93.12	109.64
Gain (Loss) on Sale of Investments	0.32	0.02	-	-	-	-
Other Unusual Items	1.41	-4.76	-24.38	-2.13	0.03	0.19
Pretax Income	203.6	192.94	117.89	127.63	93.15	109.83
Income Tax Expense	32.91	31.54	15.57	31.71	9.42	-4.27
Earnings From Continuing Operations	170.69	161.41	102.32	95.91	83.73	114.11
Minority Interest in Earnings	-	-	-	-0.04	-	-
Net Income	170.69	161.41	102.32	95.88	83.73	114.11
Preferred Dividends & Other Adjustments	0.82	1.1	0.9	-	-	-
Net Income to Common	169.87	160.31	101.42	95.88	83.73	114.11
Net Income Growth	36.73%	57.74%	6.72%	14.51%	-26.62%	-
Shares Outstanding (Basic)	201	200	150	150	150	150
Shares Outstanding (Diluted)	203	202	150	150	150	150
Shares Change (YoY)	16.14%	34.33%	0.16%	-	-	-
EPS (Basic)	0.84	0.80	0.68	0.64	0.56	0.76
EPS (Diluted)	0.84	0.79	0.68	0.64	0.56	0.76
EPS Growth	18.24%	17.66%	5.62%	14.51%	-26.62%	-
Free Cash Flow	-	105.46	74.3	81.01	113.62	123.27
Free Cash Flow Per Share	-	0.52	0.49	0.54	0.76	0.82
Dividend Per Share	0.648	0.648	-	-	-	-
Gross Margin	29.18%	43.98%	44.05%	41.08%	38.16%	39.24%
Operating Margin	18.50%	27.71%	22.46%	24.34%	20.13%	25.79%
Profit Margin	16.38%	23.66%	15.80%	17.50%	17.53%	26.50%
Free Cash Flow Margin	-	15.56%	11.58%	14.79%	23.79%	28.63%
EBITDA	192.76	188.72	145.13	134.65	97.97	113.67
EBITDA Margin	18.59%	27.85%	22.61%	24.58%	20.51%	26.40%
D&A For EBITDA	0.89	0.91	0.98	1.28	1.81	2.63
EBIT	191.87	187.81	144.15	133.37	96.15	111.05
EBIT Margin	18.50%	27.71%	22.46%	24.34%	20.13%	25.79%
Effective Tax Rate	16.16%	16.35%	13.21%	24.85%	10.11%	-

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