Jiangsu NanFang Precision 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	839.24	776.2	662.71	578.63	585.29	460.39
Other Revenue	7.91	7.91	8.63	8.93	10.91	5.58
Revenue	847.14	784.11	671.35	587.55	596.2	465.98
Revenue Growth (YoY)	14.29%	16.80%	14.26%	-1.45%	27.95%	14.37%
Cost of Revenue	592.53	540.26	448.13	415.03	392.21	314.22
Gross Profit	254.62	243.85	223.22	172.52	203.99	151.75
Selling, General & Admin	76.1	74.2	73.56	58.96	61.62	40.16
Research & Development	55.23	56.25	61.44	53.76	45.05	26.08
Other Operating Expenses	6.82	4.45	4.04	5.94	2.55	4.02
Operating Expenses	144.7	138.95	140.71	119.41	110.32	71.52
Operating Income	109.92	104.89	82.51	53.11	93.67	80.23
Interest Expense	-1.33	-0.68	-0.63	-0.47	-0.55	-0.08
Interest & Investment Income	38.03	11.04	14.55	4.37	126.5	16.97
Currency Exchange Gain (Loss)	-0.9	-0.9	1.04	19.87	-5.09	-5.33
Other Non Operating Income (Expenses)	6.83	-0.23	-0.1	-0.26	-0.66	-0.22
EBT Excluding Unusual Items	152.54	114.13	97.36	76.62	213.88	91.57
Impairment of Goodwill	-1.41	-1.41	-3.65	-	-	-
Gain (Loss) on Sale of Investments	232.08	-102.86	-80.6	-45.91	9.28	370.85
Gain (Loss) on Sale of Assets	-0.91	-1.3	-1.22	-1.63	0.04	-
Asset Writedown	-1.29	-	-	-	-1.13	0.14
Other Unusual Items	4.16	2.39	2.33	6.55	-	1.91
Pretax Income	385.16	10.94	14.22	35.63	222.06	464.47
Income Tax Expense	56.37	1.33	-0.81	-2.26	26.83	70.85
Earnings From Continuing Operations	328.79	9.61	15.03	37.88	195.23	393.62
Minority Interest in Earnings	15.74	14.79	12.25	10.6	0.95	-0.2
Net Income	344.53	24.39	27.28	48.49	196.19	393.42
Net Income to Common	344.53	24.39	27.28	48.49	196.19	393.42
Net Income Growth	411.30%	-10.59%	-43.73%	-75.29%	-50.13%	832.06%
Shares Outstanding (Basic)	348	348	348	348	348	348
Shares Outstanding (Diluted)	348	348	348	348	348	348
Shares Change (YoY)	0.15%	-0.00%	-0.03%	0.03%	-0.01%	0.01%
EPS (Basic)	0.99	0.07	0.08	0.14	0.56	1.13
EPS (Diluted)	0.99	0.07	0.08	0.14	0.56	1.13
EPS Growth	410.55%	-10.59%	-43.72%	-75.29%	-50.13%	831.99%
Free Cash Flow	76.76	87.71	30.33	46.92	36.24	60.84
Free Cash Flow Per Share	0.22	0.25	0.09	0.14	0.10	0.17
Dividend Per Share	0.100	0.200	0.100	0.100	0.200	0.100
Dividend Growth	-50.00%	100.00%	-	-50.00%	100.00%	-
Gross Margin	30.06%	31.10%	33.25%	29.36%	34.22%	32.57%
Operating Margin	12.97%	13.38%	12.29%	9.04%	15.71%	17.22%
Profit Margin	40.67%	3.11%	4.06%	8.25%	32.91%	84.43%
Free Cash Flow Margin	9.06%	11.19%	4.52%	7.99%	6.08%	13.06%
EBITDA	153.55	150.43	130.59	94.86	139.34	113.08
EBITDA Margin	18.13%	19.18%	19.45%	16.14%	23.37%	24.27%
D&A For EBITDA	43.63	45.53	48.08	41.75	45.67	32.85
EBIT	109.92	104.89	82.51	53.11	93.67	80.23
EBIT Margin	12.97%	13.38%	12.29%	9.04%	15.71%	17.22%
Effective Tax Rate	14.64%	12.17%	-	-	12.08%	15.25%
Revenue as Reported	847.14	784.11	671.35	587.55	596.2	465.98
Advertising Expenses	-	2.13	1.54	0.7	0.79	0.42

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