Nantong Xingqiu Graphite 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	643.38	595.33	758.32	647.07	512.97	558.64
Other Revenue	37.31	37.31	12.45	4.17	1.55	0.93
Revenue	680.7	632.64	770.76	651.23	514.52	559.57
Revenue Growth (YoY)	2.20%	-17.92%	18.35%	26.57%	-8.05%	16.34%
Cost of Revenue	428.4	359.63	486.44	392.97	301.9	310.17
Gross Profit	252.3	273.01	284.33	258.26	212.62	249.4
Selling, General & Admin	52.53	57.02	67.22	62.01	53.11	46.71
Research & Development	35.33	39.95	48.01	48.72	41.69	32.12
Other Operating Expenses	4.18	4.01	4.79	5.51	4.74	4.81
Operating Expenses	96.16	104.31	126.76	116.31	98.42	87.44
Operating Income	156.14	168.7	157.57	141.96	114.2	161.95
Interest Expense	-28.32	-26.14	-12.05	-0.44	-0.03	-
Interest & Investment Income	6.5	20.24	18.2	16.35	14	0.8
Currency Exchange Gain (Loss)	1.03	1.03	0.05	0.24	-0.05	-0.1
Other Non Operating Income (Expenses)	-0.81	-1.22	-0.34	-0.54	-0.07	0.01
EBT Excluding Unusual Items	134.55	162.61	163.42	157.56	128.05	162.67
Gain (Loss) on Sale of Investments	19.08	8.23	0.98	-1.52	1.69	1.67
Gain (Loss) on Sale of Assets	0.03	-0.25	-0.27	-0.26	0.01	0.05
Asset Writedown	-0.38	0.1	-0.03	0.18	-0.18	-0.05
Legal Settlements	-	-	-	-	-0.82	-0.46
Other Unusual Items	-0.84	-0.53	6.96	5.53	9.77	12.06
Pretax Income	152.44	170.16	171.06	161.49	138.53	175.95
Income Tax Expense	21.95	22.33	23.36	19.84	16.68	24.36
Earnings From Continuing Operations	130.49	147.83	147.7	141.65	121.85	151.59
Minority Interest in Earnings	0.07	0.19	-	-	-	-
Net Income	130.57	148.02	147.7	141.65	121.85	151.59
Net Income to Common	130.57	148.02	147.7	141.65	121.85	151.59
Net Income Growth	-0.83%	0.22%	4.26%	16.25%	-19.62%	23.79%
Shares Outstanding (Basic)	143	145	146	144	133	107
Shares Outstanding (Diluted)	143	147	146	145	133	107
Shares Change (YoY)	237.08%	0.22%	1.13%	8.38%	24.83%	-0.26%
EPS (Basic)	0.91	1.02	1.01	0.98	0.91	1.42
EPS (Diluted)	0.91	1.01	1.01	0.98	0.91	1.42
EPS Growth	-70.58%	-	3.10%	7.26%	-35.61%	24.10%
Free Cash Flow	223.18	102.14	73.89	-125.46	-66.17	128
Free Cash Flow Per Share	1.56	0.70	0.51	-0.87	-0.50	1.20
Dividend Per Share	0.350	0.350	0.321	0.296	0.200	-
Dividend Growth	8.90%	8.90%	8.62%	47.95%	-	-
Gross Margin	37.06%	43.15%	36.89%	39.66%	41.32%	44.57%
Operating Margin	22.94%	26.67%	20.44%	21.80%	22.20%	28.94%
Profit Margin	19.18%	23.40%	19.16%	21.75%	23.68%	27.09%
Free Cash Flow Margin	32.79%	16.14%	9.59%	-19.27%	-12.86%	22.87%
EBITDA	212.91	219.34	200.05	159.99	127.41	172.74
EBITDA Margin	31.28%	34.67%	25.96%	24.57%	24.76%	30.87%
D&A For EBITDA	56.77	50.65	42.49	18.03	13.21	10.79
EBIT	156.14	168.7	157.57	141.96	114.2	161.95
EBIT Margin	22.94%	26.67%	20.44%	21.80%	22.20%	28.94%
Effective Tax Rate	14.40%	13.12%	13.66%	12.28%	12.04%	13.84%
Revenue as Reported	680.7	632.64	770.76	651.23	514.52	559.57
Advertising Expenses	-	2.28	1.49	1.51	3.61	1.91

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