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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	857.39	845.62	776.2	662.71	578.63	585.29
Other Revenue	8.53	8.53	7.91	8.63	8.93	10.91
Revenue	865.91	854.14	784.11	671.35	587.55	596.2
Revenue Growth (YoY)	8.35%	8.93%	16.80%	14.26%	-1.45%	27.95%
Cost of Revenue	612.48	603.76	540.26	448.13	415.03	392.21
Gross Profit	253.44	250.38	243.85	223.22	172.52	203.99
Selling, General & Admin	68.86	72.39	74.2	73.56	58.96	61.62
Research & Development	58.38	58.47	56.25	61.44	53.76	45.05
Other Operating Expenses	6.21	5.41	4.45	4.04	5.94	2.55
Operating Expenses	136.32	139.15	138.95	140.71	119.41	110.32
Operating Income	117.11	111.23	104.89	82.51	53.11	93.67
Interest Expense	-1.54	-1.54	-0.68	-0.63	-0.47	-0.55
Interest & Investment Income	37.26	37.18	11.04	14.55	4.37	126.5
Currency Exchange Gain (Loss)	1.51	1.51	-0.9	1.04	19.87	-5.09
Other Non Operating Income (Expenses)	-9.69	-0.73	-0.23	-0.1	-0.26	-0.66
EBT Excluding Unusual Items	144.65	147.65	114.13	97.36	76.62	213.88
Impairment of Goodwill	-3.76	-3.76	-1.41	-3.65	-	-
Gain (Loss) on Sale of Investments	208.58	309.65	-102.86	-80.6	-45.91	9.28
Gain (Loss) on Sale of Assets	-0.12	-0.02	-1.3	-1.22	-1.63	0.04
Asset Writedown	-16.59	-15.32	-	-	-	-1.13
Other Unusual Items	-46.61	-46.61	2.39	2.33	6.55	-
Pretax Income	286.15	391.59	10.94	14.22	35.63	222.06
Income Tax Expense	53.28	68.28	1.33	-0.81	-2.26	26.83
Earnings From Continuing Operations	232.87	323.31	9.61	15.03	37.88	195.23
Minority Interest in Earnings	21.49	22.3	14.79	12.25	10.6	0.95
Net Income	254.36	345.61	24.39	27.28	48.49	196.19
Net Income to Common	254.36	345.61	24.39	27.28	48.49	196.19
Net Income Growth	94.95%	1316.84%	-10.59%	-43.73%	-75.29%	-50.13%
Shares Outstanding (Basic)	354	348	348	348	348	348
Shares Outstanding (Diluted)	354	348	348	348	348	348
Shares Change (YoY)	1.69%	0.14%	-0.00%	-0.03%	0.03%	-0.01%
EPS (Basic)	0.72	0.99	0.07	0.08	0.14	0.56
EPS (Diluted)	0.72	0.99	0.07	0.08	0.14	0.56
EPS Growth	91.72%	1314.84%	-10.59%	-43.72%	-75.29%	-50.13%
Free Cash Flow	55.16	45.93	87.71	30.33	46.92	36.24
Free Cash Flow Per Share	0.16	0.13	0.25	0.09	0.14	0.10
Dividend Per Share	0.100	0.100	0.200	0.100	0.100	0.200
Dividend Growth	-50.00%	-50.00%	100.00%	-	-50.00%	100.00%
Gross Margin	29.27%	29.31%	31.10%	33.25%	29.36%	34.22%
Operating Margin	13.53%	13.02%	13.38%	12.29%	9.04%	15.71%
Profit Margin	29.38%	40.46%	3.11%	4.06%	8.25%	32.91%
Free Cash Flow Margin	6.37%	5.38%	11.19%	4.52%	7.99%	6.08%
EBITDA	161.9	156.76	153.43	130.59	94.86	139.34
EBITDA Margin	18.70%	18.35%	19.57%	19.45%	16.14%	23.37%
D&A For EBITDA	44.78	45.53	48.53	48.08	41.75	45.67
EBIT	117.11	111.23	104.89	82.51	53.11	93.67
EBIT Margin	13.53%	13.02%	13.38%	12.29%	9.04%	15.71%
Effective Tax Rate	18.62%	17.44%	12.17%	-	-	12.08%
Revenue as Reported	854.14	854.14	784.11	671.35	587.55	596.2
Advertising Expenses	-	1.93	2.13	1.54	0.7	0.79

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