Jiangsu Cnano Technology 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	1,408	1,448	1,404	1,838	1,317	471.75
Other Revenue	0.46	0.46	0.44	3.92	3.17	0.2
Revenue	1,409	1,448	1,404	1,842	1,320	471.95
Revenue Growth (YoY)	1.62%	3.13%	-23.75%	39.51%	179.68%	22.13%
Cost of Revenue	902.52	938.72	932.4	1,197	872.86	295.06
Gross Profit	506.19	509.44	471.75	644.03	447.09	176.88
Selling, General & Admin	96.16	97.02	85.73	71.99	70.56	44.02
Research & Development	106.25	109.33	94.84	88.11	51.96	28.18
Other Operating Expenses	17.01	8.77	9.37	9.19	7.79	5.84
Operating Expenses	215.62	219.59	190.26	165.73	144.51	85.12
Operating Income	290.57	289.85	281.49	478.31	302.58	91.76
Interest Expense	-42.72	-44.6	-42.39	-36.38	-	-3.32
Interest & Investment Income	27.87	30.59	110.2	28.12	22.76	34.42
Currency Exchange Gain (Loss)	-1.68	-1.68	-0.79	-0.06	-0.17	-0.39
Other Non Operating Income (Expenses)	0.73	-0.59	-0.54	-0.36	2.22	-0.09
EBT Excluding Unusual Items	274.77	273.57	347.98	469.62	327.4	122.37
Gain (Loss) on Sale of Investments	4.23	0.1	-5.4	0.91	0.07	-1.5
Gain (Loss) on Sale of Assets	-5.69	-5.71	-3.76	-0.16	-0.94	-0.11
Other Unusual Items	24.74	12.34	12.73	4.48	10.81	2.17
Pretax Income	298.05	280.3	351.55	474.85	337.34	122.93
Income Tax Expense	34.79	31.3	52	47.44	42.57	16.32
Earnings From Continuing Operations	263.26	249.01	299.55	427.41	294.78	106.61
Minority Interest in Earnings	0.42	1.19	-2.4	-3.12	1.1	0.64
Net Income	263.68	250.2	297.16	424.29	295.88	107.25
Net Income to Common	263.68	250.2	297.16	424.29	295.88	107.25
Net Income Growth	-17.15%	-15.80%	-29.96%	43.40%	175.88%	-2.58%
Shares Outstanding (Basic)	352	343	342	342	342	345
Shares Outstanding (Diluted)	352	343	342	345	345	345
Shares Change (YoY)	2.78%	0.34%	-0.98%	0.04%	-0.08%	22.85%
EPS (Basic)	0.75	0.73	0.87	1.24	0.86	0.31
EPS (Diluted)	0.75	0.73	0.87	1.23	0.86	0.31
EPS Growth	-19.38%	-16.09%	-29.27%	43.34%	176.09%	-20.69%
Free Cash Flow	21.52	-126.04	-290.85	-322.01	-249.56	-62.76
Free Cash Flow Per Share	0.06	-0.37	-0.85	-0.93	-0.72	-0.18
Dividend Per Share	0.146	0.146	0.300	0.064	0.047	0.047
Dividend Growth	-51.33%	-51.33%	367.29%	37.77%	-1.48%	-51.03%
Gross Margin	35.93%	35.18%	33.60%	34.97%	33.87%	37.48%
Operating Margin	20.63%	20.02%	20.05%	25.97%	22.92%	19.44%
Profit Margin	18.72%	17.28%	21.16%	23.04%	22.42%	22.73%
Free Cash Flow Margin	1.53%	-8.70%	-20.71%	-17.49%	-18.91%	-13.30%
EBITDA	439.45	419.39	385.24	535.3	342.17	121.57
EBITDA Margin	31.20%	28.96%	27.44%	29.07%	25.92%	25.76%
D&A For EBITDA	148.88	129.54	103.75	56.99	39.58	29.8
EBIT	290.57	289.85	281.49	478.31	302.58	91.76
EBIT Margin	20.63%	20.02%	20.05%	25.97%	22.92%	19.44%
Effective Tax Rate	11.67%	11.17%	14.79%	9.99%	12.62%	13.28%
Revenue as Reported	1,409	1,448	1,404	1,842	1,320	471.95
Advertising Expenses	-	0.68	0.59	1.19	0.58	0.46

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