Jiangsu Xiehe Electronic 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	942.85	939.69	853.5	700.2	656.08	713.93
Other Revenue	39.11	39.11	33.11	33.23	31.6	20.14
Revenue	981.95	978.8	886.62	733.43	687.68	734.07
Revenue Growth (YoY)	9.10%	10.40%	20.89%	6.65%	-6.32%	19.20%
Cost of Revenue	815.3	805.15	713.96	587.11	543.77	557.52
Gross Profit	166.66	173.65	172.66	146.32	143.91	176.55
Selling, General & Admin	69.2	67.19	64.52	59.09	61.73	56.35
Research & Development	43.53	46.7	37.97	39.15	38.24	33.71
Other Operating Expenses	2.13	1.68	2.51	5.36	5.12	2.66
Operating Expenses	115.36	116.08	108.09	121.8	105.57	93.67
Operating Income	51.3	57.57	64.57	24.51	38.34	82.88
Interest Expense	-2.48	-2.48	-1.53	-1.19	-1.88	-2.53
Interest & Investment Income	9.37	9.97	9.69	7.8	7.77	10.95
Currency Exchange Gain (Loss)	0.68	0.68	1.6	0.84	1.91	-0.53
Other Non Operating Income (Expenses)	-1.96	-0.21	0.06	-0.22	-0.15	-0.13
EBT Excluding Unusual Items	56.9	65.53	74.39	31.74	45.99	90.64
Gain (Loss) on Sale of Assets	-0.03	-0.06	-1.03	0.54	-0.31	-1.21
Other Unusual Items	6.12	6.12	5.33	7.99	5.51	5.74
Pretax Income	63	71.59	78.69	40.26	51.19	95.17
Income Tax Expense	3.86	5.52	7.46	2.93	1.26	15.65
Earnings From Continuing Operations	59.14	66.07	71.23	37.33	49.93	79.52
Minority Interest in Earnings	0.75	0.64	0.04	-0.01	0.62	-1.4
Net Income	59.89	66.71	71.27	37.32	50.55	78.12
Net Income to Common	59.89	66.71	71.27	37.32	50.55	78.12
Net Income Growth	-14.33%	-6.40%	90.97%	-26.16%	-35.30%	-14.75%
Shares Outstanding (Basic)	88	88	88	89	89	88
Shares Outstanding (Diluted)	88	88	88	89	89	88
Shares Change (YoY)	0.72%	-0.24%	-0.98%	0.21%	1.03%	29.40%
EPS (Basic)	0.68	0.76	0.81	0.42	0.57	0.89
EPS (Diluted)	0.68	0.76	0.81	0.42	0.57	0.89
EPS Growth	-14.95%	-6.17%	92.86%	-26.32%	-35.95%	-34.12%
Free Cash Flow	86.75	97.65	23.42	-1.45	8.94	-131.86
Free Cash Flow Per Share	0.99	1.11	0.27	-0.02	0.10	-1.50
Dividend Per Share	0.500	0.500	0.700	0.350	0.200	0.300
Dividend Growth	-28.57%	-28.57%	100.00%	75.00%	-33.33%	-40.00%
Gross Margin	16.97%	17.74%	19.47%	19.95%	20.93%	24.05%
Operating Margin	5.22%	5.88%	7.28%	3.34%	5.58%	11.29%
Profit Margin	6.10%	6.82%	8.04%	5.09%	7.35%	10.64%
Free Cash Flow Margin	8.83%	9.98%	2.64%	-0.20%	1.30%	-17.96%
EBITDA	112.26	118.31	124.38	78.19	84.93	121.14
EBITDA Margin	11.43%	12.09%	14.03%	10.66%	12.35%	16.50%
D&A For EBITDA	60.96	60.73	59.81	53.67	46.6	38.26
EBIT	51.3	57.57	64.57	24.51	38.34	82.88
EBIT Margin	5.22%	5.88%	7.28%	3.34%	5.58%	11.29%
Effective Tax Rate	6.12%	7.71%	9.48%	7.27%	2.45%	16.45%
Revenue as Reported	978.8	978.8	886.62	733.43	687.68	734.07

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