Nanxing Machinery 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	3,169	3,318	3,616	2,947	2,763	2,122
Other Revenue	13.79	13.79	12.56	13.47	14.18	11.14
Revenue	3,182	3,332	3,629	2,960	2,777	2,133
Revenue Growth (YoY)	-9.69%	-8.18%	22.58%	6.61%	30.19%	40.33%
Cost of Revenue	2,691	2,713	2,932	2,306	2,120	1,597
Gross Profit	491.21	619.13	696.21	653.89	656.95	535.69
Selling, General & Admin	204.68	200.77	197.68	185.07	185	153.02
Research & Development	120.52	138.58	138.12	118.74	126.68	95.07
Other Operating Expenses	14.17	6.35	-1.26	4.25	-19.11	5.82
Operating Expenses	355.66	355.58	336.15	320.44	308.55	261.28
Operating Income	135.54	263.56	360.06	333.44	348.4	274.41
Interest Expense	-31.87	-30.71	-29.66	-27.26	-17.73	-8.55
Interest & Investment Income	9.29	11.76	11.37	7.41	5.53	9.6
Currency Exchange Gain (Loss)	0	0	0.01	0.31	-0.11	-0.01
Other Non Operating Income (Expenses)	-4.18	-5.13	-0.8	-1.24	-0.29	-3.81
EBT Excluding Unusual Items	108.79	239.48	340.99	312.67	335.81	271.65
Impairment of Goodwill	-363.59	-363.59	-134.63	-	-	-
Gain (Loss) on Sale of Investments	-0.06	-0.06	0.38	-3	-	-
Gain (Loss) on Sale of Assets	4.42	0.51	0.82	0.07	-0.4	0.05
Asset Writedown	-11.07	-8.17	-0.32	-0.49	-0.48	-0.03
Other Unusual Items	7.82	5.06	16.31	27.42	-	27.74
Pretax Income	-253.69	-126.76	223.54	336.66	334.93	299.42
Income Tax Expense	37.59	48.65	42.65	35.34	37.72	35.28
Earnings From Continuing Operations	-291.28	-175.41	180.89	301.32	297.22	264.14
Minority Interest in Earnings	0.73	0.26	-7.62	-8.97	-5.85	-3.87
Net Income	-290.54	-175.15	173.27	292.34	291.37	260.26
Net Income to Common	-290.54	-175.15	173.27	292.34	291.37	260.26
Net Income Growth	-	-	-40.73%	0.34%	11.95%	27.43%
Shares Outstanding (Basic)	295	295	295	295	296	296
Shares Outstanding (Diluted)	295	295	295	295	296	296
Shares Change (YoY)	-0.02%	-0.01%	0.01%	-0.02%	-0.04%	-0.07%
EPS (Basic)	-0.98	-0.59	0.59	0.99	0.99	0.88
EPS (Diluted)	-0.98	-0.59	0.59	0.99	0.99	0.88
EPS Growth	-	-	-40.74%	0.36%	12.00%	27.52%
Free Cash Flow	332.3	111.73	417.27	63.69	-25.56	187.29
Free Cash Flow Per Share	1.13	0.38	1.41	0.22	-0.09	0.63
Dividend Per Share	0.350	0.500	0.500	0.600	0.400	0.300
Dividend Growth	-30.00%	-	-16.67%	50.00%	33.33%	50.00%
Gross Margin	15.43%	18.58%	19.19%	22.09%	23.66%	25.11%
Operating Margin	4.26%	7.91%	9.92%	11.26%	12.55%	12.87%
Profit Margin	-9.13%	-5.26%	4.78%	9.88%	10.49%	12.20%
Free Cash Flow Margin	10.44%	3.35%	11.50%	2.15%	-0.92%	8.78%
EBITDA	253.86	380.62	475.45	439.27	436.28	350.04
EBITDA Margin	7.98%	11.42%	13.10%	14.84%	15.71%	16.41%
D&A For EBITDA	118.31	117.06	115.39	105.82	87.88	75.63
EBIT	135.54	263.56	360.06	333.44	348.4	274.41
EBIT Margin	4.26%	7.91%	9.92%	11.26%	12.55%	12.87%
Effective Tax Rate	-	-	19.08%	10.50%	11.26%	11.78%
Revenue as Reported	3,182	3,332	3,629	2,960	2,777	2,133
Advertising Expenses	-	1.06	2.02	1.91	2.36	1.09

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