Jiangsu Guomao Reducer 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	2,617	2,557	2,631	2,667	2,913	2,158
Other Revenue	31.94	31.94	29.6	29.37	31.54	25.95
Revenue	2,649	2,589	2,660	2,697	2,944	2,184
Revenue Growth (YoY)	2.82%	-2.67%	-1.35%	-8.41%	34.81%	15.21%
Cost of Revenue	2,148	2,065	1,990	2,000	2,150	1,570
Gross Profit	500.94	524.61	670.57	697.08	793.86	614.27
Selling, General & Admin	128.61	138.92	143.78	173.6	200.87	145.24
Research & Development	124.78	117.5	127.01	119.73	112.53	78.29
Other Operating Expenses	14.21	8.56	12.05	24.13	15.07	16.31
Operating Expenses	272.23	268.41	285.75	315.38	340.83	250.06
Operating Income	228.71	256.2	384.82	381.7	453.03	364.2
Interest Expense	-2.71	-3.31	-1.61	-0.86	-0.16	-
Interest & Investment Income	51.74	56.1	53.6	61.93	60.33	45.12
Currency Exchange Gain (Loss)	0.13	0.13	-0.01	-0.04	-0.13	-0.01
Other Non Operating Income (Expenses)	-0.53	0.55	-1.24	-0.84	-0.72	-0.55
EBT Excluding Unusual Items	277.35	309.66	435.55	441.88	512.35	408.76
Impairment of Goodwill	-20.91	-20.91	-4.49	-1.6	-2.42	-
Gain (Loss) on Sale of Investments	48	45.26	-	-	-	-
Gain (Loss) on Sale of Assets	-0.04	-0.03	-1.57	0.01	-1.12	-1.44
Asset Writedown	-5.23	-2.94	-0.35	-	0.1	-0.08
Other Unusual Items	11.47	11.47	15.18	14.78	13.55	8.39
Pretax Income	310.64	342.51	444.34	455.07	522.47	415.64
Income Tax Expense	34.81	45.36	51.06	43.21	62.08	55.59
Earnings From Continuing Operations	275.83	297.15	393.27	411.86	460.39	360.05
Minority Interest in Earnings	-5.51	-3.63	2.23	2.03	1.65	-0.92
Net Income	270.32	293.52	395.5	413.9	462.04	359.13
Net Income to Common	270.32	293.52	395.5	413.9	462.04	359.13
Net Income Growth	-19.97%	-25.79%	-4.44%	-10.42%	28.66%	26.56%
Shares Outstanding (Basic)	644	652	659	657	651	645
Shares Outstanding (Diluted)	644	652	659	657	651	653
Shares Change (YoY)	-4.79%	-1.05%	0.33%	0.96%	-0.34%	10.13%
EPS (Basic)	0.42	0.45	0.60	0.63	0.71	0.56
EPS (Diluted)	0.42	0.45	0.60	0.63	0.71	0.55
EPS Growth	-15.94%	-25.00%	-4.76%	-11.27%	29.09%	14.92%
Free Cash Flow	267.97	527.07	447.65	123.48	62.37	143.59
Free Cash Flow Per Share	0.42	0.81	0.68	0.19	0.10	0.22
Dividend Per Share	0.240	0.240	0.200	0.200	0.214	0.179
Dividend Growth	-25.00%	20.00%	-	-6.67%	19.99%	24.98%
Gross Margin	18.91%	20.26%	25.21%	25.85%	26.96%	28.13%
Operating Margin	8.63%	9.89%	14.46%	14.15%	15.39%	16.68%
Profit Margin	10.20%	11.34%	14.87%	15.35%	15.69%	16.44%
Free Cash Flow Margin	10.12%	20.36%	16.83%	4.58%	2.12%	6.57%
EBITDA	381.88	404.53	526.7	509.27	555.15	430.67
EBITDA Margin	14.41%	15.62%	19.80%	18.88%	18.86%	19.72%
D&A For EBITDA	153.16	148.33	141.89	127.57	102.12	66.46
EBIT	228.71	256.2	384.82	381.7	453.03	364.2
EBIT Margin	8.63%	9.89%	14.46%	14.15%	15.39%	16.68%
Effective Tax Rate	11.21%	13.24%	11.49%	9.50%	11.88%	13.38%
Revenue as Reported	2,649	2,589	2,660	2,697	2,944	2,184

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