Jiangsu Cnano Technology Co., Ltd. (SHA:688116)

Jiangsu Cnano Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,455	1,448	1,404	1,838	1,317	471.75
Other Revenue	0.57	0.46	0.44	3.92	3.17	0.2
Revenue	1,455	1,448	1,404	1,842	1,320	471.95
Revenue Growth (YoY)	3.22%	3.13%	-23.75%	39.51%	179.68%	22.13%
Cost of Revenue	954.23	938.72	932.4	1,197	872.86	295.06
Gross Profit	500.92	509.44	471.75	644.03	447.09	176.88
Selling, General & Admin	97.07	97.02	85.73	71.99	70.56	44.02
Research & Development	107.91	109.33	94.84	88.11	51.96	28.18
Other Operating Expenses	12.91	8.77	9.37	9.19	7.79	5.84
Operating Expenses	218.14	219.59	190.26	165.73	144.51	85.12
Operating Income	282.78	289.85	281.49	478.31	302.58	91.76
Interest Expense	-42.67	-44.6	-42.39	-36.38	-	-3.32
Interest & Investment Income	26.74	30.59	110.2	28.12	22.76	34.42
Currency Exchange Gain (Loss)	-0.04	-1.68	-0.79	-0.06	-0.17	-0.39
Other Non Operating Income (Expenses)	-0.28	-0.59	-0.54	-0.36	2.22	-0.09
EBT Excluding Unusual Items	266.54	273.57	347.98	469.62	327.4	122.37
Gain (Loss) on Sale of Investments	-0.32	0.1	-5.4	0.91	0.07	-1.5
Gain (Loss) on Sale of Assets	-5.2	-5.71	-3.76	-0.16	-0.94	-0.11
Other Unusual Items	21.66	12.34	12.73	4.48	10.81	2.17
Pretax Income	282.67	280.3	351.55	474.85	337.34	122.93
Income Tax Expense	32.8	31.3	52	47.44	42.57	16.32
Earnings From Continuing Operations	249.87	249.01	299.55	427.41	294.78	106.61
Minority Interest in Earnings	1.56	1.19	-2.4	-3.12	1.1	0.64
Net Income	251.43	250.2	297.16	424.29	295.88	107.25
Net Income to Common	251.43	250.2	297.16	424.29	295.88	107.25
Net Income Growth	-22.11%	-15.80%	-29.96%	43.40%	175.88%	-2.58%
Shares Outstanding (Basic)	350	343	342	342	342	345
Shares Outstanding (Diluted)	350	343	342	345	345	345
Shares Change (YoY)	3.30%	0.34%	-0.98%	0.04%	-0.08%	22.85%
EPS (Basic)	0.72	0.73	0.87	1.24	0.86	0.31
EPS (Diluted)	0.72	0.73	0.87	1.23	0.86	0.31
EPS Growth	-24.59%	-16.09%	-29.27%	43.34%	176.09%	-20.69%
Free Cash Flow	-24.56	-126.04	-290.85	-322.01	-249.56	-62.76
Free Cash Flow Per Share	-0.07	-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	34.42%	35.18%	33.60%	34.97%	33.87%	37.48%
Operating Margin	19.43%	20.02%	20.05%	25.97%	22.92%	19.44%
Profit Margin	17.28%	17.28%	21.16%	23.04%	22.42%	22.73%
Free Cash Flow Margin	-1.69%	-8.70%	-20.71%	-17.49%	-18.91%	-13.30%
EBITDA	423.87	419.39	385.24	535.3	342.17	121.57
EBITDA Margin	29.13%	28.96%	27.44%	29.07%	25.92%	25.76%
D&A For EBITDA	141.09	129.54	103.75	56.99	39.58	29.8
EBIT	282.78	289.85	281.49	478.31	302.58	91.76
EBIT Margin	19.43%	20.02%	20.05%	25.97%	22.92%	19.44%
Effective Tax Rate	11.61%	11.17%	14.79%	9.99%	12.62%	13.28%
Revenue as Reported	1,455	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.