JF SmartInvest 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	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	2020
Revenue	3,508	2,306	1,965	1,850	1,452	708.68	Upgrade
Revenue Growth (YoY)	75.13%	17.33%	6.23%	27.43%	104.88%	158.43%	Upgrade
Cost of Revenue	479.78	411.84	322.12	235.28	193.11	73.05	Upgrade
Gross Profit	3,028	1,894	1,643	1,615	1,259	635.63	Upgrade
Selling, General & Admin	1,682	1,532	1,376	1,119	999.58	443.06	Upgrade
Research & Development	311.23	318.78	287.42	229.53	194.16	200.27	Upgrade
Other Operating Expenses	-404.02	-318.02	-202.87	-135.72	-151.54	-49.24	Upgrade
Operating Expenses	1,589	1,533	1,461	1,213	1,042	594.08	Upgrade
Operating Income	1,439	361.06	182.38	402.19	216.62	41.55	Upgrade
Interest Expense	-1.72	-2	-1.66	-2.33	-1.77	-	Upgrade
Interest & Investment Income	17.79	17.79	12.83	0.67	0.11	0.03	Upgrade
Currency Exchange Gain (Loss)	-0.65	-8.82	0.57	-	-	-	Upgrade
Other Non Operating Income (Expenses)	0.71	1.45	-2.16	-	-	-	Upgrade
EBT Excluding Unusual Items	1,455	369.49	191.96	400.53	214.96	41.58	Upgrade
Gain (Loss) on Sale of Investments	94.02	-64.08	14.78	25.95	22.42	13.92	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	50.38	63.5	0.25	Upgrade
Other Unusual Items	-	-	-	4.57	-	-	Upgrade
Pretax Income	1,549	305.41	206.74	481.43	300.88	55.76	Upgrade
Income Tax Expense	237.33	33.04	16.02	20.88	68.55	-30.93	Upgrade
Earnings From Continuing Operations	1,312	272.37	190.72	460.55	232.33	86.68	Upgrade
Minority Interest in Earnings	-	-	-	-	-0.15	-0.54	Upgrade
Net Income	1,312	272.37	190.72	460.55	232.18	86.14	Upgrade
Preferred Dividends & Other Adjustments	42.37	14.23	-	-	-	-	Upgrade
Net Income to Common	1,270	258.13	190.72	460.55	232.18	86.14	Upgrade
Net Income Growth	2315.84%	42.81%	-58.59%	98.36%	169.52%	-	Upgrade
Shares Outstanding (Basic)	423	426	426	378	378	-	Upgrade
Shares Outstanding (Diluted)	423	426	433	378	378	-	Upgrade
Shares Change (YoY)	-4.10%	-1.49%	14.54%	-	-	-	Upgrade
EPS (Basic)	3.00	0.61	0.45	1.22	0.61	-	Upgrade
EPS (Diluted)	3.00	0.61	0.44	1.22	0.61	-	Upgrade
EPS Growth	2353.95%	37.66%	-63.91%	98.36%	-	-	Upgrade
Free Cash Flow	-	1,620	432.19	228.14	581.67	273.43	Upgrade
Free Cash Flow Per Share	-	3.80	1.00	0.60	1.54	-	Upgrade
Dividend Per Share	0.776	0.310	0.200	0.442	-	-	Upgrade
Dividend Growth	288.35%	55.29%	-54.85%	-	-	-	Upgrade
Gross Margin	86.32%	82.14%	83.61%	87.28%	86.70%	89.69%	Upgrade
Operating Margin	41.03%	15.66%	9.28%	21.74%	14.92%	5.86%	Upgrade
Profit Margin	36.19%	11.19%	9.70%	24.89%	15.99%	12.16%	Upgrade
Free Cash Flow Margin	-	70.26%	21.99%	12.33%	40.06%	38.58%	Upgrade
EBITDA	1,449	370.05	194.21	413.44	221.78	43.76	Upgrade
EBITDA Margin	41.31%	16.05%	9.88%	22.35%	15.28%	6.17%	Upgrade
D&A For EBITDA	10	9	11.83	11.25	5.16	2.2	Upgrade
EBIT	1,439	361.06	182.38	402.19	216.62	41.55	Upgrade
EBIT Margin	41.03%	15.66%	9.28%	21.74%	14.92%	5.86%	Upgrade
Effective Tax Rate	15.32%	10.82%	7.75%	4.34%	22.78%	-	Upgrade

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