Jadard 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	2,312	2,098	1,196	1,193	1,116	556.07
Other Revenue	3.7	3.7	13.32	5.05	0	4.88
Revenue	2,316	2,102	1,209	1,198	1,116	560.95
Revenue Growth (YoY)	24.10%	73.88%	0.88%	7.40%	98.90%	20.83%
Cost of Revenue	1,797	1,662	972.99	887.65	545.7	413.19
Gross Profit	518.76	440.2	235.9	310.67	570.01	147.75
Selling, General & Admin	91.84	67.98	43.56	60.42	59.89	31.3
Research & Development	201.1	175.74	143.82	149.61	131.11	56.53
Other Operating Expenses	-4.74	-25.15	-5.65	1.63	2.81	0.58
Operating Expenses	288.5	218.58	181.66	209.26	196.08	87.78
Operating Income	230.26	221.61	54.24	101.41	373.93	59.98
Interest Expense	-0.93	-0.93	-0.55	-2.59	-0.26	-1.1
Interest & Investment Income	49.59	50.14	49.37	16.34	9.61	2.38
Currency Exchange Gain (Loss)	6.59	6.59	-0.89	11.19	-2.75	-6.49
Other Non Operating Income (Expenses)	-0.53	0.12	-0.49	-0.28	-0.33	-0.33
EBT Excluding Unusual Items	284.99	277.54	101.68	126.06	380.21	54.44
Gain (Loss) on Sale of Investments	0.08	0.08	-	-	-	-
Gain (Loss) on Sale of Assets	0.05	0.04	-0.03	-0.18	0.01	-
Asset Writedown	-1.2	-	-	-	-	-0
Other Unusual Items	14.19	14.08	14.16	4.48	7.26	14.66
Pretax Income	298.11	291.75	115.8	130.36	387.48	69.09
Income Tax Expense	20.03	16.87	2.97	0.57	58.16	8.35
Net Income	278.08	274.88	112.84	129.78	329.32	60.75
Net Income to Common	278.08	274.88	112.84	129.78	329.32	60.75
Net Income Growth	20.91%	143.61%	-13.06%	-60.59%	442.13%	251.58%
Shares Outstanding (Basic)	403	404	403	371	366	234
Shares Outstanding (Diluted)	409	410	418	371	366	234
Shares Change (YoY)	-0.87%	-1.83%	12.70%	1.34%	56.53%	-
EPS (Basic)	0.69	0.68	0.28	0.35	0.90	0.26
EPS (Diluted)	0.68	0.67	0.27	0.35	0.90	0.26
EPS Growth	21.97%	148.15%	-22.86%	-61.11%	246.34%	-
Free Cash Flow	306.9	84.12	344.82	-35.65	84.19	127.43
Free Cash Flow Per Share	0.75	0.20	0.82	-0.10	0.23	0.55
Dividend Per Share	0.072	0.072	0.056	-	-	-
Dividend Growth	28.57%	28.57%	-	-	-	-
Gross Margin	22.40%	20.94%	19.51%	25.92%	51.09%	26.34%
Operating Margin	9.94%	10.54%	4.49%	8.46%	33.52%	10.69%
Profit Margin	12.01%	13.08%	9.33%	10.83%	29.52%	10.83%
Free Cash Flow Margin	13.25%	4.00%	28.52%	-2.97%	7.54%	22.72%
EBITDA	282.38	270.86	99.65	134.52	390.13	68.81
EBITDA Margin	12.19%	12.89%	8.24%	11.23%	34.97%	12.27%
D&A For EBITDA	52.12	49.24	45.41	33.11	16.2	8.83
EBIT	230.26	221.61	54.24	101.41	373.93	59.98
EBIT Margin	9.94%	10.54%	4.49%	8.46%	33.52%	10.69%
Effective Tax Rate	6.72%	5.78%	2.56%	0.44%	15.01%	12.08%
Revenue as Reported	2,316	2,102	1,209	1,198	1,116	-

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