江航装备 (688586.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	918.2M	947.5M	1.1B	1.2B	1.1B
Cost of Revenue	673.2M	697.5M	712.2M	758.5M	666.4M
Gross Profit	245.1M	250.0M	380.7M	455.5M	448.6M
Operating Expenses
R&D Expense	78.2M	83.1M	127.1M	116.4M	80.0M
SG&A Expense	—	—	—	—	—
General & Admin Expense	121.1M	122.9M	131.7M	128.4M	141.5M
Selling & Marketing Expense	11.2M	11.3M	12.0M	13.7M	27.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	207.8M	209.4M	270.2M	253.4M	237.4M
Cost and Expenses	880.9M	906.9M	982.3M	1.0B	903.7M
Operating Income (EBIT)	51.6M	57.3M	133.7M	219.8M	267.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	51.9M	56.0M	136.4M	220.6M	270.1M
Income Tax Expense	931.5K	1.0M	11.0M	27.7M	26.1M
Bottom Line
Net Income	50.9M	55.0M	125.4M	193.0M	244.0M
Earnings from Cont. Ops	50.9M	55.0M	125.4M	193.0M	244.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	50.9M	55.0M	125.4M	193.0M	244.0M
Per Share
Basic EPS	CN¥0.07	CN¥0.07	CN¥0.16	CN¥0.24	CN¥0.31
Diluted EPS	CN¥0.07	CN¥0.07	CN¥0.16	CN¥0.24	CN¥0.31
Revenue Per Share	CN¥1.15	CN¥1.21	CN¥1.39	CN¥1.51	CN¥1.42
Shares
Basic Shares Outstanding	796.5M	785.9M	783.7M	804.1M	787.0M
Diluted Shares Outstanding	796.5M	785.9M	783.7M	804.1M	787.0M
Profitability Metrics
EBITDA	—	120.9M	190.9M	277.9M	319.9M
D&A	—	63.6M	57.1M	58.1M	52.1M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026