Zhejiang Giuseppe Garment 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	1,235	1,245	1,250	1,481	1,274	1,296
Other Revenue	15.41	15.41	12.31	10.84	5.33	7.78
Revenue	1,250	1,260	1,262	1,492	1,279	1,304
Revenue Growth (YoY)	-3.02%	-0.18%	-15.39%	16.63%	-1.87%	19.77%
Cost of Revenue	690.89	704.84	679.02	783.54	702.61	654.81
Gross Profit	559.08	555.37	583.41	708.48	576.67	648.85
Selling, General & Admin	361.97	364.09	411.32	382.81	311.59	312.78
Research & Development	70.62	71.35	76.9	86.35	85.96	79.76
Other Operating Expenses	13.61	13.22	6.51	17.29	14.79	15.71
Operating Expenses	447.67	450.12	499.65	494.66	424.39	421.9
Operating Income	111.41	105.25	83.76	213.82	152.29	226.95
Interest Expense	-0.54	-0.54	-0.73	-0.64	-0.31	-0.32
Interest & Investment Income	6.42	6.76	20.26	15.42	11.86	3.57
Other Non Operating Income (Expenses)	-8.15	-1.24	-0.32	0.4	1.29	-2.2
EBT Excluding Unusual Items	109.14	110.22	102.97	229	165.12	228
Gain (Loss) on Sale of Investments	1.99	2.24	5.67	0.01	-5.13	-1.35
Gain (Loss) on Sale of Assets	0.11	-0.15	0.06	-0.25	-0.52	0.29
Asset Writedown	-1.32	-0.06	-0.98	-0	-	-2.99
Other Unusual Items	-4	-4	4.71	8.42	0.83	6.98
Pretax Income	105.93	108.26	112.42	237.18	160.3	230.93
Income Tax Expense	19.88	19.39	19.67	30.75	33.33	40.88
Earnings From Continuing Operations	86.05	88.87	92.75	206.43	126.97	190.05
Minority Interest in Earnings	-5.05	-3.45	-4.42	-3.34	-5.51	-3.22
Net Income	81	85.42	88.33	203.09	121.46	186.84
Net Income to Common	81	85.42	88.33	203.09	121.46	186.84
Net Income Growth	-0.24%	-3.30%	-56.51%	67.21%	-34.99%	29.88%
Shares Outstanding (Basic)	512	502	491	513	511	484
Shares Outstanding (Diluted)	512	502	491	513	511	497
Shares Change (YoY)	1.23%	2.39%	-4.32%	0.32%	2.93%	-3.34%
EPS (Basic)	0.16	0.17	0.18	0.40	0.24	0.39
EPS (Diluted)	0.16	0.17	0.18	0.40	0.24	0.38
EPS Growth	-1.46%	-5.56%	-54.55%	66.67%	-36.84%	34.36%
Free Cash Flow	109.68	147	143.26	410.98	25.7	222.99
Free Cash Flow Per Share	0.21	0.29	0.29	0.80	0.05	0.45
Dividend Per Share	0.085	0.085	-	0.198	0.148	0.137
Dividend Growth	-	-	-	33.33%	8.71%	-
Gross Margin	44.73%	44.07%	46.21%	47.48%	45.08%	49.77%
Operating Margin	8.91%	8.35%	6.64%	14.33%	11.90%	17.41%
Profit Margin	6.48%	6.78%	7.00%	13.61%	9.50%	14.33%
Free Cash Flow Margin	8.77%	11.67%	11.35%	27.54%	2.01%	17.11%
EBITDA	163.98	158.97	142.08	272.8	210.08	283.02
EBITDA Margin	13.12%	12.62%	11.25%	18.28%	16.42%	21.71%
D&A For EBITDA	52.57	53.72	58.32	58.98	57.79	56.08
EBIT	111.41	105.25	83.76	213.82	152.29	226.95
EBIT Margin	8.91%	8.35%	6.64%	14.33%	11.90%	17.41%
Effective Tax Rate	18.77%	17.91%	17.50%	12.96%	20.79%	17.70%
Revenue as Reported	1,260	1,260	1,262	1,492	1,279	1,304

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