Income Statement

Currency: CNY

	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023
Revenue
Revenue	773 N/A	782 +1%	810 +4%	803 -1%	914 +14%	920 +1%	912 -1%	881 -3%	903 +2%	913 +1%	954 +5%	1 000 +5%
Gross Profit
Cost of Revenue	(596)	(603)	(634)	(629)	(722)	(734)	(729)	(703)	(737)	(749)	(783)	(834)
Gross Profit	177 N/A	179 +1%	176 -2%	174 -1%	192 +11%	186 -3%	182 -2%	178 -2%	166 -7%	163 -1%	171 +5%	166 -3%
Operating Income
Operating Expenses	(108)	(107)	(95)	(101)	(111)	(109)	(108)	(102)	(123)	(119)	(124)	(119)
Selling, General & Administrative	(93)	(85)	(74)	(81)	(87)	(84)	(87)	(84)	(105)	(106)	(110)	(109)
Research & Development	(23)	(27)	(26)	(27)	(28)	(29)	(27)	(25)	(27)	(28)	(29)	(29)
Depreciation & Amortization	(4)	(4)	(4)	0	(4)	0	0	0	(4)	0	0	0
Other Operating Expenses	11	9	9	8	8	4	6	7	14	15	15	19
Operating Income	69 N/A	73 +5%	81 +11%	72 -10%	82 +13%	77 -6%	75 -3%	76 +2%	43 -44%	45 +5%	47 +5%	47 -1%
Pre-Tax Income
Interest Income Expense	(1)	(1)	(2)	(1)	(3)	(3)	(2)	(3)	(0)	(1)	(1)	(1)
Non-Reccuring Items	0	0	0	0	(2)	0	0	0	0	0	0	0
Total Other Income	1	1	0	(0)	0	0	0	(0)	(0)	(0)	(1)	(0)
Pre-Tax Income	68 N/A	72 +6%	79 +10%	71 -10%	76 +8%	74 -3%	73 -2%	73 +1%	42 -42%	43 +2%	45 +5%	45 -1%
Net Income
Tax Provision	(8)	(9)	(10)	(9)	(9)	(8)	(8)	(8)	(3)	(3)	(4)	(4)
Income from Continuing Operations	60	63	69	62	67	66	65	65	40	40	41	41
Income to Minority Interest	0	(0)	(0)	(0)	(0)	0	(0)	(0)	0	0	0	0
Net Income (Common)	60 N/A	22 -63%	28 +26%	21 -23%	67 +213%	66 -1%	65 -2%	65 0%	40 -38%	40 +0%	41 +4%	41 +0%
EPS (Diluted)	0.74 N/A	0.27 -64%	0.25 -7%	0.19 -24%	0.62 +226%	0.61 -2%	0.6 -2%	0.6 N/A	0.37 -38%	0.37 N/A	0.38 +3%	0.38 N/A

Jiangsu Jingxue Insulation Technology Co Ltd
SZSE:301010