Jiangsu New Technology Group Co.,Ltd. (SHE:301229)

SHE:301229 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	950.88	943.59	883.02	677.55	536.34	483.85
Other Revenue	31.81	31.81	20.04	14.64	12.38	11.77
Revenue	982.69	975.4	903.06	692.2	548.72	495.63
Revenue Growth (YoY)	3.12%	8.01%	30.46%	26.15%	10.71%	19.93%
Cost of Revenue	770.99	756.21	692.57	561.97	420.05	358.36
Gross Profit	211.7	219.19	210.5	130.22	128.67	137.27
Selling, General & Admin	92.66	92.64	76.61	50.33	35.1	34.72
Research & Development	61.47	57.07	46.95	31.79	27.29	27.19
Other Operating Expenses	-7.31	-3.04	3.3	3.69	4.2	2.86
Operating Expenses	148.31	147.49	130.35	88.71	67.79	67.87
Operating Income	63.39	71.7	80.15	41.51	60.89	69.4
Interest Expense	-23.76	-23.62	-13	-1.32	-1.02	-1.86
Interest & Investment Income	4.11	5.48	6.25	3.55	0.67	0.8
Currency Exchange Gain (Loss)	0.88	0.88	0.61	-0.01	-0.08	-0.1
Other Non Operating Income (Expenses)	-0.39	-0.14	0.02	0.46	-0.7	-0.39
EBT Excluding Unusual Items	44.22	54.29	74.04	44.19	59.75	67.86
Gain (Loss) on Sale of Investments	-1.09	-0.49	-0.13	-	-	-
Gain (Loss) on Sale of Assets	-0.59	0.48	-1.02	-2.38	0.02	0
Asset Writedown	-2.87	-2.15	-0.02	-2.11	-0.01	-0
Other Unusual Items	3.86	3.87	4.15	8.04	1.75	1.64
Pretax Income	43.55	56	77.01	47.74	61.51	69.49
Income Tax Expense	3.66	2.35	3.62	6.24	9	12.07
Earnings From Continuing Operations	39.89	53.66	73.39	41.49	52.51	57.43
Minority Interest in Earnings	0.04	-0.04	-0.75	0	-	-
Net Income	39.93	53.61	72.65	41.49	52.51	57.43
Net Income to Common	39.93	53.61	72.65	41.49	52.51	57.43
Net Income Growth	-50.60%	-26.20%	75.08%	-20.98%	-8.56%	18.61%
Shares Outstanding (Basic)	112	112	112	108	84	84
Shares Outstanding (Diluted)	112	112	112	108	84	84
Shares Change (YoY)	0.13%	-0.07%	3.89%	28.78%	-0.25%	5.23%
EPS (Basic)	0.36	0.48	0.65	0.39	0.63	0.69
EPS (Diluted)	0.36	0.48	0.65	0.39	0.63	0.69
EPS Growth	-50.66%	-26.15%	68.53%	-38.64%	-8.33%	12.95%
Free Cash Flow	27.39	46.58	-11.94	-169.94	-11.03	19.17
Free Cash Flow Per Share	0.24	0.42	-0.11	-1.58	-0.13	0.23
Dividend Per Share	0.178	0.178	0.089	0.071	0.071	-
Dividend Growth	99.33%	99.33%	25.07%	-	-	-
Gross Margin	21.54%	22.47%	23.31%	18.81%	23.45%	27.70%
Operating Margin	6.45%	7.35%	8.88%	6.00%	11.10%	14.00%
Profit Margin	4.06%	5.50%	8.04%	6.00%	9.57%	11.59%
Free Cash Flow Margin	2.79%	4.78%	-1.32%	-24.55%	-2.01%	3.87%
EBITDA	116.37	122.13	120.35	67.06	79.55	89.68
EBITDA Margin	11.84%	12.52%	13.33%	9.69%	14.50%	18.09%
D&A For EBITDA	52.98	50.43	40.21	25.55	18.67	20.28
EBIT	63.39	71.7	80.15	41.51	60.89	69.4
EBIT Margin	6.45%	7.35%	8.88%	6.00%	11.10%	14.00%
Effective Tax Rate	8.40%	4.19%	4.70%	13.08%	14.63%	17.36%
Revenue as Reported	982.69	975.4	903.06	692.2	548.72	495.63
Advertising Expenses	-	5.91	5.52	0.32	-	-

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