NanJing GOVA 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	367.18	341.67	335.19	270.4	223.73	152.91
Other Revenue	4.1	4.1	5.98	5.24	2.69	2.98
Revenue	371.28	345.77	341.17	275.65	226.41	155.89
Revenue Growth (YoY)	1.62%	1.35%	23.77%	21.74%	45.24%	19.70%
Cost of Revenue	215.29	183.75	164.66	115.82	93.96	69.14
Gross Profit	155.99	162.02	176.51	159.82	132.46	86.75
Selling, General & Admin	45.04	46.25	41.61	34.75	30.72	22.45
Research & Development	71.59	65.28	49.74	36.04	26.96	20.52
Other Operating Expenses	-22.68	1.16	-1.57	2.07	-1.11	-0.19
Operating Expenses	106.89	123.96	96.59	77.14	56.18	47.46
Operating Income	49.1	38.06	79.92	82.69	76.28	39.29
Interest Expense	-0.52	-0.29	-0.15	-0.62	-1.65	-2.55
Interest & Investment Income	15.11	19.68	17.76	3.26	0.93	0.49
Currency Exchange Gain (Loss)	0.08	0.08	0.04	0.15	-0.14	0.01
Other Non Operating Income (Expenses)	1.05	-0.26	-0.23	-0.14	0.2	-0.05
EBT Excluding Unusual Items	64.83	57.27	97.34	85.33	75.62	37.18
Gain (Loss) on Sale of Investments	-1.31	-0.81	1.93	0.24	0.32	-
Gain (Loss) on Sale of Assets	-1.28	-1.27	0.3	-0.04	-	0.03
Asset Writedown	-0.55	-	-	-	-0.01	-0.13
Other Unusual Items	1.16	1.18	6.13	0.64	2.33	2.09
Pretax Income	62.85	56.37	105.69	86.18	78.26	39.18
Income Tax Expense	0.43	0.72	9.35	5.02	8.25	3.96
Net Income	62.42	55.65	96.34	81.16	70.01	35.21
Net Income to Common	62.42	55.65	96.34	81.16	70.01	35.21
Net Income Growth	-22.83%	-42.24%	18.71%	15.92%	98.82%	70.13%
Shares Outstanding (Basic)	183	185	169	140	140	120
Shares Outstanding (Diluted)	183	185	169	140	140	120
Shares Change (YoY)	-2.08%	9.75%	20.50%	0.17%	16.47%	-0.44%
EPS (Basic)	0.34	0.30	0.57	0.58	0.50	0.29
EPS (Diluted)	0.34	0.30	0.57	0.58	0.50	0.29
EPS Growth	-21.19%	-47.37%	-1.49%	15.72%	70.71%	70.89%
Free Cash Flow	-23.08	-76.57	-42.48	12.94	24.3	0.59
Free Cash Flow Per Share	-0.13	-0.41	-0.25	0.09	0.17	0.01
Dividend Per Share	0.200	0.200	0.286	0.214	-	0.214
Dividend Growth	-30.00%	-30.00%	33.32%	-	-	-
Gross Margin	42.01%	46.86%	51.74%	57.98%	58.50%	55.65%
Operating Margin	13.22%	11.01%	23.43%	30.00%	33.69%	25.20%
Profit Margin	16.81%	16.09%	28.24%	29.44%	30.92%	22.59%
Free Cash Flow Margin	-6.22%	-22.14%	-12.45%	4.69%	10.73%	0.38%
EBITDA	62.27	50.16	90.58	90.8	82.06	44.71
EBITDA Margin	16.77%	14.51%	26.55%	32.94%	36.24%	28.68%
D&A For EBITDA	13.17	12.09	10.66	8.11	5.78	5.42
EBIT	49.1	38.06	79.92	82.69	76.28	39.29
EBIT Margin	13.22%	11.01%	23.43%	30.00%	33.69%	25.20%
Effective Tax Rate	0.68%	1.27%	8.85%	5.83%	10.54%	10.12%
Revenue as Reported	371.28	345.77	341.17	275.65	226.41	155.89
Advertising Expenses	-	1.88	1.01	0.66	0.88	0.77

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