NanJing GOVA Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	408.03	341.67	335.19	270.4	223.73
Other Revenue	-	4.1	5.98	5.24	2.69
Revenue	408.03	345.77	341.17	275.65	226.41
Revenue Growth (YoY)	18.01%	1.35%	23.77%	21.74%	45.24%
Cost of Revenue	-	183.75	164.66	115.82	93.96
Gross Profit	408.03	162.02	176.51	159.82	132.46
Selling, General & Admin	-	46.25	41.61	34.75	30.72
Research & Development	-	65.28	49.74	36.04	26.96
Other Operating Expenses	343.21	1.16	-1.57	2.07	-1.11
Operating Expenses	343.21	123.96	96.59	77.14	56.18
Operating Income	64.82	38.06	79.92	82.69	76.28
Interest Expense	-	-0.29	-0.15	-0.62	-1.65
Interest & Investment Income	-	19.68	17.76	3.26	0.93
Currency Exchange Gain (Loss)	-	0.08	0.04	0.15	-0.14
Other Non Operating Income (Expenses)	0.01	-0.26	-0.23	-0.14	0.2
EBT Excluding Unusual Items	64.83	57.27	97.34	85.33	75.62
Gain (Loss) on Sale of Investments	-	-0.81	1.93	0.24	0.32
Gain (Loss) on Sale of Assets	-	-1.27	0.3	-0.04	-
Asset Writedown	-	-	-	-	-0.01
Other Unusual Items	-	1.18	6.13	0.64	2.33
Pretax Income	64.83	56.37	105.69	86.18	78.26
Income Tax Expense	3.98	0.72	9.35	5.02	8.25
Net Income	60.85	55.65	96.34	81.16	70.01
Net Income to Common	60.85	55.65	96.34	81.16	70.01
Net Income Growth	9.35%	-42.24%	18.71%	15.92%	98.82%
Shares Outstanding (Basic)	184	185	169	140	140
Shares Outstanding (Diluted)	184	185	169	140	140
Shares Change (YoY)	-0.59%	9.75%	20.50%	0.17%	16.47%
EPS (Basic)	0.33	0.30	0.57	0.58	0.50
EPS (Diluted)	0.33	0.30	0.57	0.58	0.50
EPS Growth	10.00%	-47.37%	-1.49%	15.72%	70.71%
Free Cash Flow	-	-76.57	-42.48	12.94	24.3
Free Cash Flow Per Share	-	-0.41	-0.25	0.09	0.17
Dividend Per Share	-	0.200	0.286	0.214	-
Dividend Growth	-	-30.00%	33.32%	-	-
Gross Margin	100.00%	46.86%	51.74%	57.98%	58.50%
Operating Margin	15.89%	11.01%	23.43%	30.00%	33.69%
Profit Margin	14.91%	16.09%	28.24%	29.44%	30.92%
Free Cash Flow Margin	-	-22.14%	-12.45%	4.69%	10.73%
EBITDA	76.92	50.16	90.58	90.8	82.06
EBITDA Margin	18.85%	14.51%	26.55%	32.94%	36.24%
D&A For EBITDA	12.09	12.09	10.66	8.11	5.78
EBIT	64.82	38.06	79.92	82.69	76.28
EBIT Margin	15.89%	11.01%	23.43%	30.00%	33.69%
Effective Tax Rate	6.13%	1.27%	8.85%	5.83%	10.54%
Revenue as Reported	-	345.77	341.17	275.65	226.41
Advertising Expenses	-	1.88	1.01	0.66	0.88

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.