Jiangsu Jinling Sports Equipment Co.,Ltd. (SHE:300651)

SHE:300651 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	339.13	357.38	489.18	453.56	532.9	440.03
Other Revenue	16.21	16.21	24.7	20.87	14.39	9.04
Revenue	355.34	373.59	513.88	474.44	547.29	449.08
Revenue Growth (YoY)	-30.35%	-27.30%	8.31%	-13.31%	21.87%	-10.12%
Cost of Revenue	251.35	262.07	367.35	310.41	376.8	294.35
Gross Profit	104	111.52	146.53	164.02	170.49	154.73
Selling, General & Admin	72	71.48	79.71	85.36	95.65	76.65
Research & Development	14.06	16.16	23.5	19.02	18.65	15.35
Other Operating Expenses	6.16	5.45	6.16	5.87	5.52	5.56
Operating Expenses	96.9	98.54	106.39	121.78	130.44	107.32
Operating Income	7.1	12.98	40.14	42.24	40.05	47.41
Interest Expense	-11.46	-9.46	-4.61	-4.93	-2.65	-1.85
Interest & Investment Income	13.84	11.91	36.8	2.99	0.56	0.07
Currency Exchange Gain (Loss)	0.48	0.48	0.09	1.68	0.47	-1.77
Other Non Operating Income (Expenses)	0.27	-0.04	1.2	-0.56	-0.92	-4.89
EBT Excluding Unusual Items	10.23	15.87	73.62	41.42	37.5	38.98
Gain (Loss) on Sale of Investments	10.24	10.71	-1.27	1.76	-3.88	-4.63
Gain (Loss) on Sale of Assets	-0.01	-0	0.42	0.39	0.03	-0.04
Asset Writedown	0.62	-	0.04	0.01	-0	-
Other Unusual Items	4.23	3.88	0.22	2.21	3.58	5.55
Pretax Income	25.31	30.46	73.03	45.79	37.23	39.85
Income Tax Expense	8.19	7.54	10.36	6.16	9.63	8.3
Earnings From Continuing Operations	17.11	22.92	62.68	39.62	27.6	31.55
Minority Interest in Earnings	5.12	3.84	4.94	-1.15	-1.56	-1.46
Net Income	22.24	26.76	67.62	38.47	26.04	30.08
Net Income to Common	22.24	26.76	67.62	38.47	26.04	30.08
Net Income Growth	-67.29%	-60.42%	75.76%	47.76%	-13.45%	-29.22%
Shares Outstanding (Basic)	134	127	128	128	130	129
Shares Outstanding (Diluted)	134	127	128	128	130	129
Shares Change (YoY)	1.84%	-0.12%	-0.52%	-1.50%	1.14%	-0.02%
EPS (Basic)	0.17	0.21	0.53	0.30	0.20	0.23
EPS (Diluted)	0.17	0.21	0.53	0.30	0.20	0.23
EPS Growth	-67.88%	-60.38%	76.67%	50.00%	-14.42%	-29.20%
Free Cash Flow	19.02	35.25	136.29	81.01	67.07	43.87
Free Cash Flow Per Share	0.14	0.28	1.07	0.63	0.52	0.34
Dividend Per Share	0.150	0.150	0.150	0.120	0.100	0.100
Dividend Growth	-	-	25.00%	20.00%	-	-
Gross Margin	29.27%	29.85%	28.52%	34.57%	31.15%	34.45%
Operating Margin	2.00%	3.48%	7.81%	8.90%	7.32%	10.56%
Profit Margin	6.26%	7.16%	13.16%	8.11%	4.76%	6.70%
Free Cash Flow Margin	5.35%	9.44%	26.52%	17.08%	12.25%	9.77%
EBITDA	39.69	46.5	77.35	79.5	72.32	78.59
EBITDA Margin	11.17%	12.45%	15.05%	16.76%	13.21%	17.50%
D&A For EBITDA	32.59	33.51	37.21	37.26	32.27	31.18
EBIT	7.1	12.98	40.14	42.24	40.05	47.41
EBIT Margin	2.00%	3.48%	7.81%	8.90%	7.32%	10.56%
Effective Tax Rate	32.37%	24.76%	14.18%	13.46%	25.87%	20.83%
Revenue as Reported	355.34	373.59	513.88	474.44	547.29	449.08
Advertising Expenses	-	4.9	7.71	6.22	10.87	5.51

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