Jiangsu General Science Technology Co., Ltd. (SHA:601500)

SHA:601500 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,791	6,878	5,028	4,061	4,208	3,399
Other Revenue	99.34	80.53	36.05	59.81	47.91	48.44
Revenue	7,890	6,958	5,064	4,120	4,256	3,448
Revenue Growth (YoY)	33.93%	37.39%	22.91%	-3.17%	23.43%	3.36%
Cost of Revenue	6,908	5,910	4,344	3,700	3,839	3,004
Gross Profit	982.62	1,048	720.58	420.14	417.01	443.52
Selling, General & Admin	411.08	375.13	311.06	260.66	255.74	218.19
Research & Development	176.1	145.18	72.31	91.94	108.24	108.4
Other Operating Expenses	21.04	19.67	15.9	14.95	18.77	16.71
Operating Expenses	671.07	612.49	450.16	379.75	398.8	349.75
Operating Income	311.55	435.85	270.42	40.39	18.21	93.77
Interest Expense	-182.7	-152.13	-130.41	-123.61	-77.2	-65.33
Interest & Investment Income	11.49	21.13	27.77	41.5	35.17	41.05
Currency Exchange Gain (Loss)	31.67	95.45	28.15	40.88	-25.36	-5.62
Other Non Operating Income (Expenses)	-18.19	-16.81	-9.93	-13.45	-4.86	-2.92
EBT Excluding Unusual Items	153.83	383.49	186	-14.3	-54.05	60.94
Gain (Loss) on Sale of Investments	1.46	1.46	-	-	-	1.19
Gain (Loss) on Sale of Assets	11.15	6.41	5.49	-0.22	29.77	3.68
Other Unusual Items	12.02	8.42	15.98	25.33	31.43	21.98
Pretax Income	178.46	399.79	207.47	10.82	7.15	87.79
Income Tax Expense	28.56	26.54	-8.98	-4.19	-3.43	-3.22
Earnings From Continuing Operations	149.9	373.25	216.45	15	10.58	91.01
Minority Interest in Earnings	1.74	0.64	-0.1	1.96	1.03	-
Net Income	151.64	373.88	216.35	16.96	11.61	91.01
Net Income to Common	151.64	373.88	216.35	16.96	11.61	91.01
Net Income Growth	-65.91%	72.81%	1175.49%	46.09%	-87.24%	-12.60%
Shares Outstanding (Basic)	1,566	1,558	1,545	1,696	1,399	1,093
Shares Outstanding (Diluted)	1,566	1,558	1,545	1,696	1,399	1,093
Shares Change (YoY)	-3.08%	0.81%	-8.89%	21.26%	28.03%	4.92%
EPS (Basic)	0.10	0.24	0.14	0.01	0.01	0.08
EPS (Diluted)	0.10	0.24	0.14	0.01	0.01	0.08
EPS Growth	-64.83%	71.43%	1300.00%	20.48%	-90.04%	-16.70%
Free Cash Flow	-1,722	-1,970	-355.12	-595.38	-845.94	-522.7
Free Cash Flow Per Share	-1.10	-1.26	-0.23	-0.35	-0.60	-0.48
Dividend Per Share	-	-	0.056	0.030	0.067	0.117
Dividend Growth	-	-	86.67%	-55.02%	-42.84%	179.86%
Gross Margin	12.45%	15.07%	14.23%	10.20%	9.80%	12.86%
Operating Margin	3.95%	6.26%	5.34%	0.98%	0.43%	2.72%
Profit Margin	1.92%	5.37%	4.27%	0.41%	0.27%	2.64%
Free Cash Flow Margin	-21.83%	-28.32%	-7.01%	-14.45%	-19.88%	-15.16%
EBITDA	796.16	859.1	623.66	387.3	320.59	301.9
EBITDA Margin	10.09%	12.35%	12.31%	9.40%	7.53%	8.76%
D&A For EBITDA	484.6	423.25	353.24	346.91	302.38	208.14
EBIT	311.55	435.85	270.42	40.39	18.21	93.77
EBIT Margin	3.95%	6.26%	5.34%	0.98%	0.43%	2.72%
Effective Tax Rate	16.00%	6.64%	-	-	-	-
Revenue as Reported	7,890	6,958	5,064	4,120	4,256	3,448
Advertising Expenses	-	18.18	14.13	12.86	22.73	16.44

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