Jangho Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	22,088	21,762	22,362	20,953	18,047	20,778
Other Revenue	82.82	82.82	43.92	1.66	9.82	11.21
Revenue	22,171	21,845	22,406	20,954	18,056	20,789
Revenue Growth (YoY)	-1.56%	-2.50%	6.93%	16.05%	-13.15%	15.18%
Cost of Revenue	18,383	18,124	18,837	17,405	15,071	17,231
Gross Profit	3,788	3,721	3,568	3,549	2,986	3,558
Selling, General & Admin	1,483	1,475	1,515	1,377	1,396	1,335
Research & Development	601.24	609.79	643.4	619.02	523.65	604.42
Other Operating Expenses	56.52	55.02	74.87	61.84	29.8	37.4
Operating Expenses	2,532	2,521	2,484	2,362	2,211	3,707
Operating Income	1,255	1,200	1,085	1,187	775.01	-148.73
Interest Expense	-125.87	-130.47	-150.11	-171.9	-209.47	-238.04
Interest & Investment Income	78.94	89.27	79.53	76.42	350.57	99.02
Currency Exchange Gain (Loss)	-53.75	-53.75	30.02	20.54	51.65	-16.09
Other Non Operating Income (Expenses)	-84.92	-56.15	-48.35	-9.56	-77.96	-32.66
EBT Excluding Unusual Items	1,070	1,049	995.81	1,102	889.81	-336.5
Impairment of Goodwill	-	-	-110.56	-57.5	-233.86	-177.7
Gain (Loss) on Sale of Investments	21.73	5.8	98.94	-100.87	-112.23	29.69
Gain (Loss) on Sale of Assets	-62.31	-41.04	14.61	-0.87	-0.02	2.33
Asset Writedown	-202.26	-191.74	-105.92	-55.86	-	-
Other Unusual Items	24.21	24.15	20.64	17.02	129.88	-520.58
Pretax Income	850.88	846.23	913.52	904.42	673.58	-1,003
Income Tax Expense	156.09	154.14	141.88	161.58	124.76	-25.39
Earnings From Continuing Operations	694.79	692.09	771.63	742.84	548.82	-977.37
Minority Interest in Earnings	-76.24	-81.85	-133.94	-71.1	-58.1	-29.76
Net Income	618.55	610.24	637.7	671.74	490.72	-1,007
Net Income to Common	618.55	610.24	637.7	671.74	490.72	-1,007
Net Income Growth	3.02%	-4.30%	-5.07%	36.89%	-	-
Shares Outstanding (Basic)	1,146	1,130	1,139	1,139	1,141	1,132
Shares Outstanding (Diluted)	1,146	1,130	1,139	1,139	1,141	1,132
Shares Change (YoY)	1.20%	-0.76%	0.02%	-0.23%	0.85%	0.23%
EPS (Basic)	0.54	0.54	0.56	0.59	0.43	-0.89
EPS (Diluted)	0.54	0.54	0.56	0.59	0.43	-0.89
EPS Growth	1.81%	-3.57%	-5.08%	37.21%	-	-
Free Cash Flow	1,576	1,147	1,172	247.27	-472.4	746.86
Free Cash Flow Per Share	1.38	1.01	1.03	0.22	-0.41	0.66
Dividend Per Share	0.500	0.500	0.550	0.200	0.020	0.100
Dividend Growth	-9.09%	-9.09%	175.00%	900.00%	-80.00%	-75.00%
Gross Margin	17.08%	17.04%	15.93%	16.94%	16.54%	17.12%
Operating Margin	5.66%	5.49%	4.84%	5.67%	4.29%	-0.71%
Profit Margin	2.79%	2.79%	2.85%	3.21%	2.72%	-4.84%
Free Cash Flow Margin	7.11%	5.25%	5.23%	1.18%	-2.62%	3.59%
EBITDA	1,385	1,359	1,359	1,465	1,058	-3.96
EBITDA Margin	6.25%	6.22%	6.06%	6.99%	5.86%	-0.02%
D&A For EBITDA	129.65	158.48	273.81	277.77	282.79	144.77
EBIT	1,255	1,200	1,085	1,187	775.01	-148.73
EBIT Margin	5.66%	5.49%	4.84%	5.67%	4.29%	-0.71%
Effective Tax Rate	18.34%	18.21%	15.53%	17.87%	18.52%	-
Revenue as Reported	22,171	21,845	22,406	20,954	18,056	20,789
Advertising Expenses	-	66.04	54.61	-	-	-

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