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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	971.88	943.59	883.02	677.55	536.34	483.85
Other Revenue	44.23	31.81	20.04	14.64	12.38	11.77
Revenue	1,016	975.4	903.06	692.2	548.72	495.63
Revenue Growth (YoY)	4.40%	8.01%	30.46%	26.15%	10.71%	19.93%
Cost of Revenue	798.67	756.21	692.57	561.97	420.05	358.36
Gross Profit	217.43	219.19	210.5	130.22	128.67	137.27
Selling, General & Admin	94.49	92.64	76.61	50.33	35.1	34.72
Research & Development	62.55	57.07	46.95	31.79	27.29	27.19
Other Operating Expenses	-4.81	-3.04	3.3	3.69	4.2	2.86
Operating Expenses	154.55	147.49	130.35	88.71	67.79	67.87
Operating Income	62.88	71.7	80.15	41.51	60.89	69.4
Interest Expense	-23.44	-23.62	-13	-1.32	-1.02	-1.86
Interest & Investment Income	3.64	5.48	6.25	3.55	0.67	0.8
Currency Exchange Gain (Loss)	0.27	0.88	0.61	-0.01	-0.08	-0.1
Other Non Operating Income (Expenses)	-0.08	-0.14	0.02	0.46	-0.7	-0.39
EBT Excluding Unusual Items	43.27	54.29	74.04	44.19	59.75	67.86
Gain (Loss) on Sale of Investments	-0.96	-0.49	-0.13	-	-	-
Gain (Loss) on Sale of Assets	-0.07	0.48	-1.02	-2.38	0.02	0
Asset Writedown	-3.16	-2.15	-0.02	-2.11	-0.01	-0
Other Unusual Items	6.98	3.87	4.15	8.04	1.75	1.64
Pretax Income	46.06	56	77.01	47.74	61.51	69.49
Income Tax Expense	4.55	2.35	3.62	6.24	9	12.07
Earnings From Continuing Operations	41.51	53.66	73.39	41.49	52.51	57.43
Minority Interest in Earnings	-0.19	-0.04	-0.75	0	-	-
Net Income	41.32	53.61	72.65	41.49	52.51	57.43
Net Income to Common	41.32	53.61	72.65	41.49	52.51	57.43
Net Income Growth	-43.88%	-26.20%	75.08%	-20.98%	-8.56%	18.61%
Shares Outstanding (Basic)	157	156	156	151	117	117
Shares Outstanding (Diluted)	157	156	156	151	117	117
Shares Change (YoY)	0.46%	-0.07%	3.89%	28.78%	-0.25%	5.22%
EPS (Basic)	0.26	0.34	0.46	0.28	0.45	0.49
EPS (Diluted)	0.26	0.34	0.46	0.28	0.45	0.49
EPS Growth	-44.14%	-26.15%	68.53%	-38.64%	-8.33%	12.93%
Free Cash Flow	32.08	46.58	-11.94	-169.94	-11.03	19.17
Free Cash Flow Per Share	0.20	0.30	-0.08	-1.13	-0.09	0.16
Dividend Per Share	0.127	0.127	0.064	0.051	0.051	-
Dividend Growth	99.22%	99.22%	25.10%	-	-	-
Gross Margin	21.40%	22.47%	23.31%	18.81%	23.45%	27.70%
Operating Margin	6.19%	7.35%	8.88%	6.00%	11.10%	14.00%
Profit Margin	4.07%	5.50%	8.04%	6.00%	9.57%	11.59%
Free Cash Flow Margin	3.16%	4.78%	-1.32%	-24.55%	-2.01%	3.87%
EBITDA	116.25	122.13	120.35	67.06	79.55	89.68
EBITDA Margin	11.44%	12.52%	13.33%	9.69%	14.50%	18.09%
D&A For EBITDA	53.36	50.43	40.21	25.55	18.67	20.28
EBIT	62.88	71.7	80.15	41.51	60.89	69.4
EBIT Margin	6.19%	7.35%	8.88%	6.00%	11.10%	14.00%
Effective Tax Rate	9.87%	4.19%	4.70%	13.08%	14.63%	17.36%
Revenue as Reported	1,016	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.