Jiangsu Azure Corporation (SHE:002245)

Jiangsu Azure Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	6,773	6,125	4,677	5,753	6,090	4,234
Other Revenue	645.04	630.81	545.3	532.46	590.98	15.96
Revenue	7,418	6,756	5,222	6,285	6,680	4,250
Revenue Growth (YoY)	22.89%	29.38%	-16.92%	-5.92%	57.20%	20.76%
Cost of Revenue	5,936	5,593	4,599	5,400	5,348	3,582
Gross Profit	1,482	1,163	623.27	885.57	1,332	667.33
Selling, General & Admin	184.57	176.17	173.11	156.61	184.09	182.01
Research & Development	446.06	415.63	313.54	371.85	340.11	157.39
Other Operating Expenses	22.86	-16.39	8.42	20.12	18.92	12.54
Operating Expenses	659.7	583.89	496.99	544.06	558.01	304.48
Operating Income	822.07	579.11	126.28	341.51	774.14	362.84
Interest Expense	-38.46	-42	-51.64	-70.25	-82.08	-102.72
Interest & Investment Income	33.98	43.19	81.03	46.06	33.33	10.1
Currency Exchange Gain (Loss)	3.51	13	2.75	43.25	-3.86	-13.04
Other Non Operating Income (Expenses)	-3.36	-1.69	-1.46	-3.2	-0.42	-1.74
EBT Excluding Unusual Items	817.74	591.62	156.96	357.38	721.1	255.45
Gain (Loss) on Sale of Investments	-12.89	-1.28	-1.31	-1.02	0.81	-2.85
Gain (Loss) on Sale of Assets	-35.03	-7.06	-3.39	-2.64	-109.11	-14.28
Asset Writedown	-23.07	-23.07	-5.98	-3.32	-12.68	-2.78
Other Unusual Items	96.08	75.27	27.37	98.45	217.66	119.49
Pretax Income	842.82	635.48	173.66	451.61	837.08	356.6
Income Tax Expense	125.51	91.9	-26.2	44.89	127.37	75.6
Earnings From Continuing Operations	717.31	543.57	199.86	406.72	709.71	281
Minority Interest in Earnings	-63.68	-55.73	-59.04	-28.37	-39.59	-3.05
Net Income	653.63	487.84	140.82	378.34	670.12	277.95
Net Income to Common	653.63	487.84	140.82	378.34	670.12	277.95
Net Income Growth	145.27%	246.43%	-62.78%	-43.54%	141.09%	136.33%
Shares Outstanding (Basic)	1,152	1,152	1,152	1,094	1,030	981
Shares Outstanding (Diluted)	1,153	1,152	1,152	1,094	1,030	981
Shares Change (YoY)	-0.03%	-	5.35%	6.23%	4.91%	0.06%
EPS (Basic)	0.57	0.42	0.12	0.35	0.65	0.28
EPS (Diluted)	0.57	0.42	0.12	0.35	0.65	0.28
EPS Growth	145.33%	246.40%	-64.67%	-46.85%	129.80%	136.20%
Free Cash Flow	505.61	345.54	191.23	-334.05	-98.54	189.86
Free Cash Flow Per Share	0.44	0.30	0.17	-0.30	-0.10	0.19
Dividend Per Share	0.065	0.065	0.015	0.035	0.070	0.030
Dividend Growth	333.33%	333.33%	-57.14%	-50.00%	133.33%	100.00%
Gross Margin	19.98%	17.21%	11.94%	14.09%	19.94%	15.70%
Operating Margin	11.08%	8.57%	2.42%	5.43%	11.59%	8.54%
Profit Margin	8.81%	7.22%	2.70%	6.02%	10.03%	6.54%
Free Cash Flow Margin	6.82%	5.11%	3.66%	-5.32%	-1.47%	4.47%
EBITDA	1,294	973.73	445.69	640.33	1,077	651.08
EBITDA Margin	17.45%	14.41%	8.54%	10.19%	16.13%	15.32%
D&A For EBITDA	472.27	394.62	319.41	298.82	303.2	288.24
EBIT	822.07	579.11	126.28	341.51	774.14	362.84
EBIT Margin	11.08%	8.57%	2.42%	5.43%	11.59%	8.54%
Effective Tax Rate	14.89%	14.46%	-	9.94%	15.22%	21.20%
Revenue as Reported	7,418	6,756	5,222	6,285	6,680	4,250

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