JiangSu JiuWu Hi-Tech 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	Sep '26 Sep 30, 2026	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	696.86	633.4	531.3	754.63	740.14	537.46
Other Revenue	-	-	1.99	2.37	1.17	2.32
Revenue	696.86	633.4	533.29	757	741.31	539.77
Revenue Growth	14.89%	18.77%	-29.55%	2.12%	37.34%	1.60%
Cost of Revenue	433.27	365.26	322.99	534.83	575.46	340.35
Gross Profit	263.58	268.13	210.3	222.17	165.85	199.42
Selling, General & Admin	100.01	110.74	115.6	94.52	85.97	93.13
Research & Development	54.44	53.7	56.23	48.22	42.16	42.94
Other Operating Expenses	-12.74	-8.67	3.37	1.88	-5.26	6.24
Operating Expenses	122.84	155.77	190.26	196.72	125.93	156.31
Operating Income	140.74	112.37	20.04	25.45	39.92	43.11
Interest Expense	-0.38	-	-2.18	-2.23	-1.15	-6.97
Interest & Investment Income	14.66	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)	-50.36	-49.32	-2.94	-2.34	-2.17	-1.07
EBT Excluding Unusual Items	104.66	80.49	42.76	34.07	39.92	75.08
Gain (Loss) on Sale of Investments	3.8	1.76	-0.21	0.58	1.25	1.88
Gain (Loss) on Sale of Assets	-0.14	3.88	0.12	-0.27	-0	-0.09
Asset Writedown	-4.28	-4.17	-0.97	-	-	-0.03
Legal Settlements	-	-	-	-	2.28	-
Other Unusual Items	-2.03	-	5.87	7.92	-0.09	11.53
Pretax Income	102.02	81.95	47.56	42.3	43.37	88.37
Income Tax Expense	12.66	8.26	-5.47	-3.05	0.14	5.14
Earnings From Continuing Operations	89.36	73.69	53.03	45.35	43.22	83.22
Minority Interest in Earnings	-0.03	-0.02	-0.01	0	0.05	-13.1
Net Income	89.33	73.67	53.02	45.35	43.27	70.12
Net Income to Common	89.33	73.67	53.02	45.35	43.27	70.12
Net Income Growth	9.94%	38.97%	16.90%	4.80%	-38.29%	-15.24%
Shares Outstanding (Basic)	123	123	123	123	122	111
Shares Outstanding (Diluted)	125	123	123	123	122	111
Shares Change	3.88%	0.20%	0.12%	0.18%	10.04%	3.24%
EPS (Basic)	0.73	0.60	0.43	0.37	0.35	0.63
EPS (Diluted)	0.71	0.60	0.43	0.37	0.35	0.63
EPS Growth	5.84%	38.69%	16.76%	4.61%	-43.92%	-17.90%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	156.2	198.12	77.44	9.79	-122.3	3.64
Free Cash Flow Per Share	1.25	1.61	0.63	0.08	-1.00	0.03
Dividend Per Share	-	-	0.180	0.180	0.070	0.150
Dividend Growth	-	-	0%	157.14%	-53.33%	-16.67%
Gross Margin	37.82%	42.33%	39.43%	29.35%	22.37%	36.95%
Operating Margin	20.20%	17.74%	3.76%	3.36%	5.38%	7.99%
Profit Margin	12.82%	11.63%	9.94%	5.99%	5.84%	12.99%
Free Cash Flow Margin	22.42%	31.28%	14.52%	1.29%	-16.50%	0.67%
EBITDA	182.2	151.92	57.04	58.86	65.79	67.59
EBITDA Margin	26.15%	23.98%	10.70%	7.78%	8.88%	12.52%
D&A For EBITDA	41.46	39.55	37	33.41	25.87	24.48
EBIT	140.74	112.37	20.04	25.45	39.92	43.11
EBIT Margin	20.20%	17.74%	3.76%	3.36%	5.38%	7.99%
Effective Tax Rate	12.41%	10.08%	-	-	0.33%	5.82%
Revenue as Reported	63.46	-	533.29	757	-	539.77
Advertising Expenses	-	-	1.46	2.31	0.48	1.89