Zhejiang Giuseppe Garment 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	1,245	1,250	1,481	1,274	1,296
Other Revenue	15.41	12.31	10.84	5.33	7.78
Revenue	1,260	1,262	1,492	1,279	1,304
Revenue Growth (YoY)	-0.18%	-15.39%	16.63%	-1.87%	19.77%
Cost of Revenue	704.84	679.02	783.54	702.61	654.81
Gross Profit	555.37	583.41	708.48	576.67	648.85
Selling, General & Admin	364.09	411.32	382.81	311.59	312.78
Research & Development	71.35	76.9	86.35	85.96	79.76
Other Operating Expenses	13.22	6.51	17.29	14.79	15.71
Operating Expenses	450.12	499.65	494.66	424.39	421.9
Operating Income	105.25	83.76	213.82	152.29	226.95
Interest Expense	-0.54	-0.73	-0.64	-0.31	-0.32
Interest & Investment Income	6.76	20.26	15.42	11.86	3.57
Other Non Operating Income (Expenses)	-1.24	-0.32	0.4	1.29	-2.2
EBT Excluding Unusual Items	110.22	102.97	229	165.12	228
Gain (Loss) on Sale of Investments	2.24	5.67	0.01	-5.13	-1.35
Gain (Loss) on Sale of Assets	-0.15	0.06	-0.25	-0.52	0.29
Asset Writedown	-0.06	-0.98	-0	-	-2.99
Other Unusual Items	-4	4.71	8.42	0.83	6.98
Pretax Income	108.26	112.42	237.18	160.3	230.93
Income Tax Expense	19.39	19.67	30.75	33.33	40.88
Earnings From Continuing Operations	88.87	92.75	206.43	126.97	190.05
Minority Interest in Earnings	-3.45	-4.42	-3.34	-5.51	-3.22
Net Income	85.42	88.33	203.09	121.46	186.84
Net Income to Common	85.42	88.33	203.09	121.46	186.84
Net Income Growth	-3.30%	-56.51%	67.21%	-34.99%	29.88%
Shares Outstanding (Basic)	502	491	513	511	484
Shares Outstanding (Diluted)	502	491	513	511	497
Shares Change (YoY)	2.39%	-4.32%	0.32%	2.93%	-3.34%
EPS (Basic)	0.17	0.18	0.40	0.24	0.39
EPS (Diluted)	0.17	0.18	0.40	0.24	0.38
EPS Growth	-5.56%	-54.55%	66.67%	-36.84%	34.36%
Free Cash Flow	147	143.26	410.98	25.7	222.99
Free Cash Flow Per Share	0.29	0.29	0.80	0.05	0.45
Dividend Per Share	0.085	-	0.198	0.148	0.137
Dividend Growth	-	-	33.33%	8.71%	-
Gross Margin	44.07%	46.21%	47.48%	45.08%	49.77%
Operating Margin	8.35%	6.64%	14.33%	11.90%	17.41%
Profit Margin	6.78%	7.00%	13.61%	9.50%	14.33%
Free Cash Flow Margin	11.67%	11.35%	27.54%	2.01%	17.11%
EBITDA	158.97	142.08	272.8	210.08	283.02
EBITDA Margin	12.62%	11.25%	18.28%	16.42%	21.71%
D&A For EBITDA	53.72	58.32	58.98	57.79	56.08
EBIT	105.25	83.76	213.82	152.29	226.95
EBIT Margin	8.35%	6.64%	14.33%	11.90%	17.41%
Effective Tax Rate	17.91%	17.50%	12.96%	20.79%	17.70%
Revenue as Reported	1,260	1,262	1,492	1,279	1,304

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