Jiangsu Pacific Quartz 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	Sep '25 Sep 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
Operating Revenue	943.44	1,187	7,144	1,991	943.66	639.5
Other Revenue	22.95	22.95	40.2	12.89	17.03	6.07
Revenue	966.38	1,210	7,184	2,004	960.68	645.57
Revenue Growth (YoY)	-57.64%	-83.15%	258.46%	108.62%	48.81%	3.73%
Cost of Revenue	668.09	676.72	909.82	644.4	534.81	389.71
Gross Profit	298.29	533.56	6,274	1,360	425.88	255.86
Selling, General & Admin	108.57	117	117.84	97.78	96.87	74.99
Research & Development	102.31	123.46	183.27	75.17	39.43	31.54
Other Operating Expenses	-1.5	5.85	72.84	21.2	6.2	5.89
Operating Expenses	206.99	226.86	396.79	196.94	145.76	110.86
Operating Income	91.3	306.7	5,878	1,163	280.11	145
Interest Expense	-0.29	-0.29	-0.02	-0.18	-0.12	-
Interest & Investment Income	14.84	51.15	51.53	7.19	17.86	68.78
Currency Exchange Gain (Loss)	-0.15	-0.15	-2.35	8.92	-2.37	-4.55
Other Non Operating Income (Expenses)	19.39	-0.39	0.39	-1.96	-0.06	-1.62
EBT Excluding Unusual Items	125.08	357.03	5,927	1,177	295.42	207.61
Impairment of Goodwill	-18.64	-18.64	-	-	-1.78	-
Gain (Loss) on Sale of Investments	58.46	28.73	30.14	59	1.83	-
Gain (Loss) on Sale of Assets	0	-0.01	-4.99	-1.76	27.36	-0.47
Asset Writedown	-9.36	-4.16	-4.43	-0.66	-3.94	-0.23
Other Unusual Items	17.29	17.29	-26.63	-2.37	-0.34	9.12
Pretax Income	172.85	380.24	5,921	1,231	319.08	216.03
Income Tax Expense	22.49	49.42	869.77	172.64	38.1	27.92
Earnings From Continuing Operations	150.36	330.82	5,052	1,058	280.98	188.11
Minority Interest in Earnings	5.45	2.75	-12.37	-6.18	-	-
Net Income	155.81	333.57	5,039	1,052	280.98	188.11
Net Income to Common	155.81	333.57	5,039	1,052	280.98	188.11
Net Income Growth	-86.39%	-93.38%	378.92%	274.48%	49.37%	15.31%
Shares Outstanding (Basic)	539	538	542	537	527	523
Shares Outstanding (Diluted)	539	538	542	537	533	523
Shares Change (YoY)	-0.25%	-0.71%	0.93%	0.63%	2.09%	2.50%
EPS (Basic)	0.29	0.62	9.30	1.96	0.53	0.36
EPS (Diluted)	0.29	0.62	9.30	1.96	0.53	0.36
EPS Growth	-86.36%	-93.33%	374.49%	272.13%	46.31%	12.50%
Free Cash Flow	-100.61	714.86	3,605	342.39	-43.74	-15.07
Free Cash Flow Per Share	-0.19	1.33	6.65	0.64	-0.08	-0.03
Dividend Per Share	0.190	0.190	4.667	0.583	0.159	0.113
Dividend Growth	-95.00%	-95.93%	700.05%	266.16%	40.60%	13.30%
Gross Margin	30.87%	44.09%	87.34%	67.85%	44.33%	39.63%
Operating Margin	9.45%	25.34%	81.81%	58.02%	29.16%	22.46%
Profit Margin	16.12%	27.56%	70.14%	52.50%	29.25%	29.14%
Free Cash Flow Margin	-10.41%	59.07%	50.17%	17.08%	-4.55%	-2.33%
EBITDA	262.84	449.86	5,983	1,236	346.94	204.35
EBITDA Margin	27.20%	37.17%	83.28%	61.68%	36.11%	31.65%
D&A For EBITDA	171.54	143.16	105.31	73.41	66.83	59.35
EBIT	91.3	306.7	5,878	1,163	280.11	145
EBIT Margin	9.45%	25.34%	81.81%	58.02%	29.16%	22.46%
Effective Tax Rate	13.01%	13.00%	14.69%	14.02%	11.94%	12.93%
Revenue as Reported	966.38	1,210	7,184	2,004	960.68	645.57
Advertising Expenses	-	3.57	5.24	0.28	0.72	0.38

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