Ningbo Joy Intelligent Logistics Technology Co.,Ltd. (SHE:301198)

SHE:301198 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	434.62	356.69	393.07	415.05	347.32	253
Other Revenue	9.65	9.65	10.12	12.93	15.64	14.67
Revenue	444.27	366.34	403.19	427.98	362.96	267.67
Revenue Growth (YoY)	29.51%	-9.14%	-5.79%	17.91%	35.60%	13.49%
Cost of Revenue	400.07	317.99	298.17	290.35	231.59	156.09
Gross Profit	44.2	48.35	105.02	137.63	131.37	111.58
Selling, General & Admin	50.88	48.21	52.52	58.97	41.79	30.87
Research & Development	12.59	10.68	12.32	11.67	9.95	8.07
Other Operating Expenses	1.23	0.72	2.89	2.68	2.87	2.31
Operating Expenses	67.46	57.84	67.35	78.18	59.04	43.27
Operating Income	-23.26	-9.49	37.67	59.45	72.33	68.32
Interest Expense	-5.49	-6.55	-4.15	-1.97	-1.56	-0.67
Interest & Investment Income	4.55	6.89	9.07	8.51	0.5	0.88
Currency Exchange Gain (Loss)	-1.12	-1.12	-0.46	-0.75	-0.01	0
Other Non Operating Income (Expenses)	0.17	-0.34	-1.75	-0.69	-0.97	-0.17
EBT Excluding Unusual Items	-25.15	-10.6	40.38	64.55	70.28	68.36
Gain (Loss) on Sale of Investments	0.17	0.09	0.01	3.49	-	-
Gain (Loss) on Sale of Assets	-0.33	-0.03	0.37	-	0.28	-
Asset Writedown	1.12	-0.15	-	-	-	-
Other Unusual Items	0.72	0.77	4.06	10.39	3.29	3.94
Pretax Income	-23.47	-9.91	44.82	78.43	73.85	72.3
Income Tax Expense	-0.8	1.97	8.71	12.59	13.12	13.48
Earnings From Continuing Operations	-22.66	-11.89	36.1	65.84	60.73	58.82
Minority Interest in Earnings	0.05	0.05	0.02	-0.01	-	-
Net Income	-22.62	-11.84	36.12	65.84	60.73	58.82
Net Income to Common	-22.62	-11.84	36.12	65.84	60.73	58.82
Net Income Growth	-	-	-45.13%	8.41%	3.23%	11.10%
Shares Outstanding (Basic)	181	169	172	169	129	127
Shares Outstanding (Diluted)	181	169	172	169	129	127
Shares Change (YoY)	12.04%	-1.69%	1.89%	30.43%	1.54%	1.13%
EPS (Basic)	-0.13	-0.07	0.21	0.39	0.47	0.46
EPS (Diluted)	-0.13	-0.07	0.21	0.39	0.47	0.46
EPS Growth	-	-	-46.15%	-16.88%	1.67%	9.86%
Free Cash Flow	-56.79	-44.05	-111.79	-102.86	-55.6	26.25
Free Cash Flow Per Share	-0.31	-0.26	-0.65	-0.61	-0.43	0.21
Dividend Per Share	-	-	0.120	0.154	0.177	-
Dividend Growth	-	-	-21.98%	-13.35%	-	-
Gross Margin	9.95%	13.20%	26.05%	32.16%	36.19%	41.69%
Operating Margin	-5.24%	-2.59%	9.34%	13.89%	19.93%	25.52%
Profit Margin	-5.09%	-3.23%	8.96%	15.38%	16.73%	21.98%
Free Cash Flow Margin	-12.78%	-12.02%	-27.73%	-24.03%	-15.32%	9.81%
EBITDA	-	-7.07	40.09	76.3	88.44	78.02
EBITDA Margin	-	-1.93%	9.94%	17.83%	24.37%	29.15%
D&A For EBITDA	-	2.42	2.42	16.84	16.11	9.7
EBIT	-23.26	-9.49	37.67	59.45	72.33	68.32
EBIT Margin	-5.24%	-2.59%	9.34%	13.89%	19.93%	25.52%
Effective Tax Rate	-	-	19.45%	16.05%	17.77%	18.64%
Revenue as Reported	444.27	366.34	403.19	427.98	362.96	267.67

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