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 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	2,701	2,646	2,557	2,631	2,667	2,913
Other Revenue	-	-	31.94	29.6	29.37	31.54
Revenue	2,701	2,646	2,589	2,660	2,697	2,944
Revenue Growth (YoY)	3.67%	2.18%	-2.67%	-1.35%	-8.41%	34.81%
Cost of Revenue	2,147	2,102	2,065	1,990	2,000	2,150
Gross Profit	554.45	544.33	524.61	670.57	697.08	793.86
Selling, General & Admin	148.4	151.17	138.92	143.78	173.6	200.87
Research & Development	121.99	123.6	117.5	127.01	119.73	112.53
Other Operating Expenses	-1.45	4.4	8.56	12.05	24.13	15.07
Operating Expenses	268.94	279.18	268.41	285.75	315.38	340.83
Operating Income	285.51	265.15	256.2	384.82	381.7	453.03
Interest Expense	-	-	-3.31	-1.61	-0.86	-0.16
Interest & Investment Income	43.78	46.28	56.1	53.6	61.93	60.33
Currency Exchange Gain (Loss)	-	-	0.13	-0.01	-0.04	-0.13
Other Non Operating Income (Expenses)	-11.78	-8.52	0.55	-1.24	-0.84	-0.72
EBT Excluding Unusual Items	317.51	302.91	309.66	435.55	441.88	512.35
Impairment of Goodwill	-	-	-20.91	-4.49	-1.6	-2.42
Gain (Loss) on Sale of Investments	10.12	6.65	45.26	-	-	-
Gain (Loss) on Sale of Assets	0.07	0.07	-0.03	-1.57	0.01	-1.12
Asset Writedown	-38.61	-37.46	-2.94	-0.35	-	0.1
Other Unusual Items	-	-	11.47	15.18	14.78	13.55
Pretax Income	289.1	272.18	342.51	444.34	455.07	522.47
Income Tax Expense	33.9	30.6	45.36	51.06	43.21	62.08
Earnings From Continuing Operations	255.2	241.58	297.15	393.27	411.86	460.39
Minority Interest in Earnings	-8.18	-6.54	-3.63	2.23	2.03	1.65
Net Income	247.02	235.03	293.52	395.5	413.9	462.04
Net Income to Common	247.02	235.03	293.52	395.5	413.9	462.04
Net Income Growth	-9.16%	-19.93%	-25.79%	-4.44%	-10.42%	28.66%
Shares Outstanding (Basic)	671	653	652	659	657	651
Shares Outstanding (Diluted)	671	653	652	659	657	651
Shares Change (YoY)	4.15%	0.09%	-1.05%	0.33%	0.96%	-0.34%
EPS (Basic)	0.37	0.36	0.45	0.60	0.63	0.71
EPS (Diluted)	0.37	0.36	0.45	0.60	0.63	0.71
EPS Growth	-12.78%	-20.00%	-25.00%	-4.76%	-11.27%	29.09%
Free Cash Flow	307.58	214.65	527.07	447.65	123.48	62.37
Free Cash Flow Per Share	0.46	0.33	0.81	0.68	0.19	0.10
Dividend Per Share	-	-	0.240	0.200	0.200	0.214
Dividend Growth	-	-	20.00%	-	-6.67%	19.99%
Gross Margin	20.52%	20.57%	20.26%	25.21%	25.85%	26.96%
Operating Margin	10.57%	10.02%	9.89%	14.46%	14.15%	15.39%
Profit Margin	9.14%	8.88%	11.34%	14.87%	15.35%	15.69%
Free Cash Flow Margin	11.39%	8.11%	20.36%	16.83%	4.58%	2.12%
EBITDA	437.36	416.29	404.53	526.7	509.27	555.15
EBITDA Margin	16.19%	15.73%	15.62%	19.80%	18.88%	18.86%
D&A For EBITDA	151.85	151.15	148.33	141.89	127.57	102.12
EBIT	285.51	265.15	256.2	384.82	381.7	453.03
EBIT Margin	10.57%	10.02%	9.89%	14.46%	14.15%	15.39%
Effective Tax Rate	11.73%	11.24%	13.24%	11.49%	9.50%	11.88%
Revenue as Reported	-	-	2,589	2,660	2,697	2,944

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.