JiangSu JiuWu Hi-Tech 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	633.4	531.3	754.63	740.14	537.46
Other Revenue	-	1.99	2.37	1.17	2.32
Revenue	633.4	533.29	757	741.31	539.77
Revenue Growth (YoY)	18.77%	-29.55%	2.12%	37.34%	1.60%
Cost of Revenue	365.26	322.99	534.83	575.46	340.35
Gross Profit	268.13	210.3	222.17	165.85	199.42
Selling, General & Admin	110.74	115.6	94.52	85.97	93.13
Research & Development	53.7	56.23	48.22	42.16	42.94
Other Operating Expenses	-8.67	3.37	1.88	-5.26	6.24
Operating Expenses	155.77	190.26	196.72	125.93	156.31
Operating Income	112.37	20.04	25.45	39.92	43.11
Interest Expense	-	-2.18	-2.23	-1.15	-6.97
Interest & Investment Income	17.44	26.23	12.83	2.33	40.06
Currency Exchange Gain (Loss)	-	1.6	0.35	0.99	-0.06
Other Non Operating Income (Expenses)	-49.32	-2.94	-2.34	-2.17	-1.07
EBT Excluding Unusual Items	80.49	42.76	34.07	39.92	75.08
Gain (Loss) on Sale of Investments	1.76	-0.21	0.58	1.25	1.88
Gain (Loss) on Sale of Assets	3.88	0.12	-0.27	-0	-0.09
Asset Writedown	-4.17	-0.97	-	-	-0.03
Legal Settlements	-	-	-	2.28	-
Other Unusual Items	-	5.87	7.92	-0.09	11.53
Pretax Income	81.95	47.56	42.3	43.37	88.37
Income Tax Expense	8.26	-5.47	-3.05	0.14	5.14
Earnings From Continuing Operations	73.69	53.03	45.35	43.22	83.22
Minority Interest in Earnings	-0.02	-0.01	0	0.05	-13.1
Net Income	73.67	53.02	45.35	43.27	70.12
Net Income to Common	73.67	53.02	45.35	43.27	70.12
Net Income Growth	38.97%	16.90%	4.80%	-38.29%	-15.24%
Shares Outstanding (Basic)	123	123	123	122	111
Shares Outstanding (Diluted)	123	123	123	122	111
Shares Change (YoY)	0.20%	0.12%	0.18%	10.04%	3.24%
EPS (Basic)	0.60	0.43	0.37	0.35	0.63
EPS (Diluted)	0.60	0.43	0.37	0.35	0.63
EPS Growth	38.69%	16.76%	4.61%	-43.92%	-17.90%
Free Cash Flow	198.12	77.44	9.79	-122.3	3.64
Free Cash Flow Per Share	1.61	0.63	0.08	-1.00	0.03
Dividend Per Share	-	0.180	0.180	0.070	0.150
Dividend Growth	-	-	157.14%	-53.33%	-16.67%
Gross Margin	42.33%	39.43%	29.35%	22.37%	36.95%
Operating Margin	17.74%	3.76%	3.36%	5.38%	7.99%
Profit Margin	11.63%	9.94%	5.99%	5.84%	12.99%
Free Cash Flow Margin	31.28%	14.52%	1.29%	-16.50%	0.67%
EBITDA	151.92	57.04	58.86	65.79	67.59
EBITDA Margin	23.98%	10.70%	7.78%	8.88%	12.52%
D&A For EBITDA	39.55	37	33.41	25.87	24.48
EBIT	112.37	20.04	25.45	39.92	43.11
EBIT Margin	17.74%	3.76%	3.36%	5.38%	7.99%
Effective Tax Rate	10.08%	-	-	0.33%	5.82%
Revenue as Reported	-	533.29	757	-	539.77
Advertising Expenses	-	1.46	2.31	0.48	1.89

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