Jadard Technology 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	2,169	2,188	2,098	1,196	1,193	1,116
Other Revenue	2.03	2.03	3.7	13.32	5.05	0
Revenue	2,171	2,190	2,102	1,209	1,198	1,116
Revenue Growth (YoY)	-6.04%	4.17%	73.88%	0.88%	7.40%	98.90%
Cost of Revenue	1,682	1,692	1,662	972.99	887.65	545.7
Gross Profit	489.52	497.72	440.2	235.9	310.67	570.01
Selling, General & Admin	104.81	106.54	67.98	43.56	60.42	59.89
Research & Development	210.73	205.87	175.74	143.82	149.61	131.11
Other Operating Expenses	-5.7	-11.32	-25.15	-5.65	1.63	2.81
Operating Expenses	309.84	301.07	218.58	181.66	209.26	196.08
Operating Income	179.68	196.65	221.61	54.24	101.41	373.93
Interest Expense	-1.43	-1.43	-0.93	-0.55	-2.59	-0.26
Interest & Investment Income	40.64	51.69	50.14	49.37	16.34	9.61
Currency Exchange Gain (Loss)	-5.12	-5.12	6.59	-0.89	11.19	-2.75
Other Non Operating Income (Expenses)	-0.14	-0.12	0.12	-0.49	-0.28	-0.33
EBT Excluding Unusual Items	213.63	241.66	277.54	101.68	126.06	380.21
Gain (Loss) on Sale of Investments	0.02	-	0.08	-	-	-
Gain (Loss) on Sale of Assets	-0.05	-0.05	0.05	-0.03	-0.18	0.01
Asset Writedown	2.02	-	-	-	-	-
Other Unusual Items	9.59	9.19	14.08	14.16	4.48	7.26
Pretax Income	225.21	250.81	291.75	115.8	130.36	387.48
Income Tax Expense	16.22	17.29	16.87	2.97	0.57	58.16
Net Income	208.98	233.51	274.88	112.84	129.78	329.32
Net Income to Common	208.98	233.51	274.88	112.84	129.78	329.32
Net Income Growth	-33.22%	-15.05%	143.61%	-13.06%	-60.59%	442.13%
Shares Outstanding (Basic)	411	410	404	403	371	366
Shares Outstanding (Diluted)	411	410	410	418	371	366
Shares Change (YoY)	-0.45%	-0.14%	-1.83%	12.70%	1.34%	56.53%
EPS (Basic)	0.51	0.57	0.68	0.28	0.35	0.90
EPS (Diluted)	0.51	0.57	0.67	0.27	0.35	0.90
EPS Growth	-32.91%	-14.92%	148.15%	-22.86%	-61.11%	246.34%
Free Cash Flow	379.35	257.52	84.12	344.82	-35.65	84.19
Free Cash Flow Per Share	0.92	0.63	0.20	0.82	-0.10	0.23
Dividend Per Share	0.115	0.115	0.072	0.056	-	-
Dividend Growth	59.31%	59.31%	28.57%	-	-	-
Gross Margin	22.54%	22.73%	20.94%	19.51%	25.92%	51.09%
Operating Margin	8.28%	8.98%	10.54%	4.49%	8.46%	33.52%
Profit Margin	9.62%	10.66%	13.08%	9.33%	10.83%	29.52%
Free Cash Flow Margin	17.47%	11.76%	4.00%	28.52%	-2.97%	7.54%
EBITDA	215.62	235.84	273.83	99.65	134.52	390.13
EBITDA Margin	9.93%	10.77%	13.03%	8.24%	11.23%	34.97%
D&A For EBITDA	35.94	39.19	52.22	45.41	33.11	16.2
EBIT	179.68	196.65	221.61	54.24	101.41	373.93
EBIT Margin	8.28%	8.98%	10.54%	4.49%	8.46%	33.52%
Effective Tax Rate	7.20%	6.89%	5.78%	2.56%	0.44%	15.01%
Revenue as Reported	2,171	2,190	2,102	1,209	1,198	1,116

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