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	Jun '26 Jun 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	665.68	633.4	531.3	754.63	740.14	537.46
Other Revenue	-3.86	-	1.99	2.37	1.17	2.32
Revenue	661.82	633.4	533.29	757	741.31	539.77
Revenue Growth	9.84%	18.77%	-29.55%	2.12%	37.34%	1.60%
Cost of Revenue	416	365.26	322.99	534.83	575.46	340.35
Gross Profit	245.82	268.13	210.3	222.17	165.85	199.42
Selling, General & Admin	101.84	110.74	115.6	94.52	85.97	93.13
Research & Development	56.49	53.7	56.23	48.22	42.16	42.94
Other Operating Expenses	-15.97	-8.67	3.37	1.88	-5.26	6.24
Operating Expenses	112.79	155.77	190.26	196.72	125.93	156.31
Operating Income	133.03	112.37	20.04	25.45	39.92	43.11
Interest Expense	-	-	-2.18	-2.23	-1.15	-6.97
Interest & Investment Income	15.1	17.44	26.23	12.83	2.33	40.06
Currency Exchange Gain (Loss)	1.64	-	1.6	0.35	0.99	-0.06
Other Non Operating Income (Expenses)	-59.13	-49.32	-2.94	-2.34	-2.17	-1.07
EBT Excluding Unusual Items	90.63	80.49	42.76	34.07	39.92	75.08
Gain (Loss) on Sale of Investments	1.09	1.76	-0.21	0.58	1.25	1.88
Gain (Loss) on Sale of Assets	3.81	3.88	0.12	-0.27	-0	-0.09
Asset Writedown	-5.97	-4.17	-0.97	-	-	-0.03
Legal Settlements	-	-	-	-	2.28	-
Other Unusual Items	-6.37	-	5.87	7.92	-0.09	11.53
Pretax Income	83.2	81.95	47.56	42.3	43.37	88.37
Income Tax Expense	10.8	8.26	-5.47	-3.05	0.14	5.14
Earnings From Continuing Operations	72.4	73.69	53.03	45.35	43.22	83.22
Minority Interest in Earnings	-0.02	-0.02	-0.01	0	0.05	-13.1
Net Income	72.37	73.67	53.02	45.35	43.27	70.12
Net Income to Common	72.37	73.67	53.02	45.35	43.27	70.12
Net Income Growth	-9.38%	38.97%	16.90%	4.80%	-38.29%	-15.24%
Shares Outstanding (Basic)	123	123	123	123	122	111
Shares Outstanding (Diluted)	124	123	123	123	122	111
Shares Change	0.19%	0.20%	0.12%	0.18%	10.04%	3.24%
EPS (Basic)	0.59	0.60	0.43	0.37	0.35	0.63
EPS (Diluted)	0.59	0.60	0.43	0.37	0.35	0.63
EPS Growth	-9.54%	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	Jun '26 Jun 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	212.51	198.12	77.44	9.79	-122.3	3.64
Free Cash Flow Per Share	1.72	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	37.14%	42.33%	39.43%	29.35%	22.37%	36.95%
Operating Margin	20.10%	17.74%	3.76%	3.36%	5.38%	7.99%
Profit Margin	10.94%	11.63%	9.94%	5.99%	5.84%	12.99%
Free Cash Flow Margin	32.11%	31.28%	14.52%	1.29%	-16.50%	0.67%
EBITDA	176.13	151.92	57.04	58.86	65.79	67.59
EBITDA Margin	26.61%	23.98%	10.70%	7.78%	8.88%	12.52%
D&A For EBITDA	43.1	39.55	37	33.41	25.87	24.48
EBIT	133.03	112.37	20.04	25.45	39.92	43.11
EBIT Margin	20.10%	17.74%	3.76%	3.36%	5.38%	7.99%
Effective Tax Rate	12.98%	10.08%	-	-	0.33%	5.82%
Revenue as Reported	-	-	533.29	757	-	539.77
Advertising Expenses	-	-	1.46	2.31	0.48	1.89