China Jushi Co., Ltd. (SHA:600176)

China Jushi Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	15,856	14,876	17,560	18,789	11,461
Other Revenue	-	-	2,633	917.6	205.56
Revenue	15,856	14,876	20,192	19,707	11,666
Revenue Growth (YoY)	6.59%	-26.33%	2.46%	68.92%	11.18%
Cost of Revenue	11,925	10,727	13,052	10,791	7,744
Gross Profit	3,931	4,149	7,140	8,916	3,922
Selling, General & Admin	530.04	863.42	829.31	1,463	681.82
Research & Development	528.29	519.37	577.05	552.22	341.66
Other Operating Expenses	71.11	157.87	122.69	127.76	88.01
Operating Expenses	1,109	1,555	1,501	2,216	1,162
Operating Income	2,822	2,594	5,639	6,701	2,760
Interest Expense	-350.33	-383.53	-409.93	-429.49	-462.49
Interest & Investment Income	153.29	352.57	126.68	99.17	242.74
Currency Exchange Gain (Loss)	37.51	21.47	27.5	-93.2	-64.99
Other Non Operating Income (Expenses)	-12.99	-15.9	-9.29	-24.47	-16.13
EBT Excluding Unusual Items	2,650	2,569	5,374	6,253	2,459
Impairment of Goodwill	-	-	-	-2.54	-
Gain (Loss) on Sale of Investments	-13.48	13.8	-50.98	2.57	-7.68
Gain (Loss) on Sale of Assets	270.23	850.92	2,513	834.12	394.34
Asset Writedown	-	-	-	-	-142.43
Other Unusual Items	94.58	273.68	198.52	214.87	148.61
Pretax Income	3,003	3,708	8,039	7,303	2,854
Income Tax Expense	473.66	550.47	1,219	1,165	444.01
Earnings From Continuing Operations	2,529	3,157	6,820	6,138	2,410
Minority Interest in Earnings	-84.61	-112.87	-210.28	-109.66	6.35
Net Income	2,445	3,044	6,610	6,028	2,416
Net Income to Common	2,445	3,044	6,610	6,028	2,416
Net Income Growth	-19.70%	-53.94%	9.65%	149.51%	13.49%
Shares Outstanding (Basic)	4,003	4,003	4,003	4,003	4,003
Shares Outstanding (Diluted)	4,003	4,003	4,003	4,003	4,003
Shares Change (YoY)	0.00%	0.00%	-0.00%	0.01%	-0.01%
EPS (Basic)	0.61	0.76	1.65	1.51	0.60
EPS (Diluted)	0.61	0.76	1.65	1.51	0.60
EPS Growth	-19.70%	-53.94%	9.65%	149.49%	13.50%
Free Cash Flow	729.38	-592.77	-1,423	2,326	519.83
Free Cash Flow Per Share	0.18	-0.15	-0.35	0.58	0.13
Dividend Per Share	0.240	0.275	0.521	0.480	0.196
Dividend Growth	-12.73%	-47.22%	8.54%	144.90%	16.05%
Gross Margin	24.79%	27.89%	35.36%	45.24%	33.62%
Operating Margin	17.80%	17.44%	27.93%	34.00%	23.66%
Profit Margin	15.42%	20.47%	32.73%	30.59%	20.71%
Free Cash Flow Margin	4.60%	-3.98%	-7.05%	11.80%	4.46%
EBITDA	5,054	4,654	7,372	8,507	4,034
EBITDA Margin	31.87%	31.28%	36.51%	43.17%	34.58%
D&A For EBITDA	2,232	2,060	1,733	1,807	1,273
EBIT	2,822	2,594	5,639	6,701	2,760
EBIT Margin	17.80%	17.44%	27.93%	34.00%	23.66%
Effective Tax Rate	15.77%	14.85%	15.16%	15.95%	15.56%
Revenue as Reported	15,856	14,876	20,192	-	11,666
Advertising Expenses	5.61	4.9	3.56	12.13	2.79

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