Naipu Mining 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	914.09	1,121	936.76	584.68	421.96	347.8
Other Revenue	0.77	0.77	1	163.84	631.07	20.35
Revenue	914.86	1,122	937.76	748.53	1,053	368.15
Revenue Growth (YoY)	-24.32%	19.62%	25.28%	-28.92%	186.03%	5.42%
Cost of Revenue	544.99	705.56	599.99	506.1	731.86	220.42
Gross Profit	369.87	416.17	337.76	242.43	321.17	147.72
Selling, General & Admin	243.13	227.31	194.73	135.49	81.45	76.35
Research & Development	47.15	38.99	34.87	28.19	25.17	15.37
Other Operating Expenses	14.69	10.68	7.37	7.89	4.42	4.2
Operating Expenses	305.33	279.32	239.42	174.92	111.29	95.92
Operating Income	64.54	136.85	98.34	67.51	209.88	51.8
Interest Expense	-16.2	-22.49	-31.58	-28.52	-5.99	-0.92
Interest & Investment Income	15.18	13.99	20.04	7.22	6.17	7.99
Currency Exchange Gain (Loss)	12.07	12.07	15.19	9.73	-21.69	-37.56
Other Non Operating Income (Expenses)	-7.84	-0.52	-1.39	-0.34	-0.29	-1.52
EBT Excluding Unusual Items	67.74	139.89	100.6	55.6	188.07	19.79
Gain (Loss) on Sale of Investments	-1.96	-	0.65	-	-	-
Gain (Loss) on Sale of Assets	0.11	-0.06	-0.01	89.31	0.02	-0
Asset Writedown	-1.23	-1.41	-11.79	-0	-	-
Other Unusual Items	13.32	4.32	11.8	12.05	27.88	30.82
Pretax Income	77.99	142.74	101.24	156.95	215.96	50.61
Income Tax Expense	17.3	23.23	17.69	21.68	32.17	9.23
Earnings From Continuing Operations	60.68	119.51	83.56	135.27	183.8	41.38
Minority Interest in Earnings	-2.07	-3.04	-3.49	-0.95	0.36	-0.75
Net Income	58.61	116.47	80.07	134.32	184.16	40.62
Net Income to Common	58.61	116.47	80.07	134.32	184.16	40.62
Net Income Growth	-50.97%	45.45%	-40.39%	-27.06%	353.33%	-41.47%
Shares Outstanding (Basic)	165	153	145	145	146	140
Shares Outstanding (Diluted)	165	153	145	145	146	140
Shares Change (YoY)	2.78%	5.22%	0.33%	-0.89%	4.36%	26.65%
EPS (Basic)	0.36	0.76	0.55	0.93	1.26	0.29
EPS (Diluted)	0.36	0.76	0.55	0.93	1.26	0.29
EPS Growth	-52.29%	38.24%	-40.58%	-26.41%	334.39%	-53.79%
Free Cash Flow	-317.34	-427.87	117.36	-147.93	-362.92	104.64
Free Cash Flow Per Share	-1.93	-2.80	0.81	-1.02	-2.49	0.75
Dividend Per Share	0.070	0.170	0.129	0.191	-	0.034
Dividend Growth	-69.38%	32.19%	-32.49%	-	-	-64.71%
Gross Margin	40.43%	37.10%	36.02%	32.39%	30.50%	40.13%
Operating Margin	7.05%	12.20%	10.49%	9.02%	19.93%	14.07%
Profit Margin	6.41%	10.38%	8.54%	17.95%	17.49%	11.04%
Free Cash Flow Margin	-34.69%	-38.14%	12.52%	-19.76%	-34.47%	28.42%
EBITDA	154.43	216.25	163.77	113.38	234.98	73.5
EBITDA Margin	16.88%	19.28%	17.46%	15.15%	22.31%	19.97%
D&A For EBITDA	89.89	79.41	65.42	45.87	25.1	21.7
EBIT	64.54	136.85	98.34	67.51	209.88	51.8
EBIT Margin	7.05%	12.20%	10.49%	9.02%	19.93%	14.07%
Effective Tax Rate	22.19%	16.28%	17.47%	13.81%	14.89%	18.24%
Revenue as Reported	914.86	1,122	937.76	748.53	1,053	368.15
Advertising Expenses	-	1.78	0.38	0.47	0.58	1.79

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