NAMI Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	407.87	379.82	236.44	248.09
Revenue Growth (YoY)	64.40%	60.64%	-4.70%	-
Cost of Revenue	245.68	220.05	139.19	169.61
Gross Profit	162.19	159.77	97.26	78.48
Selling, General & Admin	49.42	44.38	27.13	110.58
Research & Development	37.42	35.33	26.36	38.23
Operating Expenses	86.84	79.72	53.49	148.81
Operating Income	75.36	80.05	43.77	-70.33
Interest Expense	-	-	-0.2	-0.22
Interest & Investment Income	1.52	1.61	1.14	0.71
Earnings From Equity Investments	-0.07	-0.38	0.02	-1.18
Currency Exchange Gain (Loss)	-0.07	0.06	7.23	-4.57
Other Non Operating Income (Expenses)	2.67	2.17	3.12	-2.11
Pretax Income	79.41	83.51	55.08	-77.69
Income Tax Expense	0.04	0.02	-	-
Earnings From Continuing Operations	79.37	83.49	55.08	-77.69
Minority Interest in Earnings	-11.89	-13	-2.32	-2.42
Net Income	67.48	70.5	52.76	-80.11
Net Income to Common	67.48	70.5	52.76	-80.11
Net Income Growth	-	33.61%	-	-
Shares Outstanding (Basic)	23	23	23	67
Shares Outstanding (Diluted)	26	26	26	67
Shares Change (YoY)	-61.31%	-	-61.31%	-
EPS (Basic)	2.91	3.04	2.28	-1.20
EPS (Diluted)	2.70	2.70	1.98	-1.20
EPS Growth	-	36.36%	-	-
Free Cash Flow	39.11	56.22	32.85	-43.77
Free Cash Flow Per Share	1.51	2.17	1.27	-0.65
Gross Margin	39.77%	42.06%	41.13%	31.64%
Operating Margin	18.48%	21.08%	18.51%	-28.35%
Profit Margin	16.54%	18.56%	22.32%	-32.29%
Free Cash Flow Margin	9.59%	14.80%	13.89%	-17.64%
EBITDA	94.66	93.12	55.18	-60.52
EBITDA Margin	23.21%	24.52%	23.34%	-24.39%
D&A For EBITDA	19.31	13.07	11.41	9.81
EBIT	75.36	80.05	43.77	-70.33
EBIT Margin	18.48%	21.08%	18.51%	-28.35%
Effective Tax Rate	0.05%	0.03%	-	-
Advertising Expenses	-	2.62	1.15	-

Source: S&P Capital IQ. Standard template. Financial Sources.