Financials Jointown Pharmaceutical Group Co., Ltd

Equities

End-of-day quote Shanghai S.E. Other stock markets 2025-06-20			5-day change	1st Jan Change
5.030 ^CNY	-0.40%		-7.54%	-1.76%

Jun. 06	Jointown Pharmaceutical Gets Drug Registration for Betamethasone Sodium Phosphate Injection	MT
May. 19	Jointown to Invest 23 Million Yuan Into Pharma-Focused Investment Fund	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	110,860	122,407	140,424	150,140	151,810	161,909	175,712	180,399
Change	-	10.42%	14.72%	6.92%	1.11%	6.65%	8.53%	2.67%
EBITDA ¹	4,909	4,187	3,526	3,741	4,427	4,591	5,114	5,495
Change	-	-14.72%	-15.78%	6.11%	18.32%	3.7%	11.4%	7.45%
EBIT ¹	4,352	3,593	2,853	3,023	3,635	3,917	4,147	4,573
Change	-	-17.46%	-20.58%	5.95%	20.26%	7.75%	5.88%	10.27%
Interest Paid ¹	-985.2	-1,098	-1,134	-1,179	-1,163	-639.3	-847.8	-21
Earnings before Tax (EBT) ¹	4,334	3,363	2,838	2,991	3,637	3,716	3,977	4,236
Change	-	-22.4%	-15.62%	5.38%	21.62%	2.15%	7.02%	6.53%
Net income ¹	3,075	2,448	2,085	2,174	2,507	2,753	2,842	2,989
Change	-	-20.38%	-14.84%	4.27%	15.33%	9.8%	3.23%	5.18%
Announcement Date	4/26/21	4/25/22	4/24/23	4/26/24	4/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	35,776	40,472	36,699	36,258	38,381	42,016	38,282	41,472	37,737	38,827	40,515	43,891	45,579	40,799
Change	-	13.13%	-9.32%	-1.2%	5.85%	9.47%	-8.89%	8.33%	-9.01%	2.89%	4.35%	8.33%	3.85%	-10.49%
EBITDA ¹	-	-	-	-	-	-	1,166	1,248	1,179	-	-	-	-	-
Change	-	-	-	-	-	-	-	7.1%	-5.55%	-	-	-	-	-
EBIT ¹	614.6	665.4	-	630.9	1,332	1,275	992.6	1,075	1,006	955.6	997.1	1,080	1,122	982
Change	-	8.27%	-	-	111.17%	-4.33%	-22.13%	8.33%	-6.45%	-5.01%	4.35%	8.33%	3.85%	-12.46%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	618.7	661.8	993.9	629.4	1,352	1,275	908.6	984.3	619.5	733.4	765.3	829.1	861	761
Change	-	6.98%	50.18%	-36.68%	114.87%	-5.69%	-28.76%	8.34%	-37.07%	18.39%	4.35%	8.33%	3.85%	-11.62%
Net income ¹	350.4	537.7	670	488.5	811.2	969.9	623.2	675.2	330.6	503.2	525.1	568.8	590.7	522.1
Change	-	53.46%	24.6%	-27.08%	66.04%	19.56%	-35.74%	8.34%	-51.04%	52.23%	4.35%	8.33%	3.85%	-11.62%
Announcement Date	4/26/24	4/26/24	8/26/24	10/28/24	4/28/25	4/28/25	-	-	-	-	-	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	2,884	2,102	-2,170	-2,372	-4,734	-5,537	-2,289	-6,595
Change	-	-27.12%	-203.24%	-9.31%	-99.58%	-16.96%	58.66%	-188.12%
Announcement Date	4/26/21	4/25/22	4/24/23	4/26/24	4/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	1,158	1,215	1,083	885.4	952.6	1,335	1,402	1,628
Change	-	4.86%	-10.88%	-18.22%	7.59%	40.14%	5%	16.14%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	4/26/21	4/25/22	4/24/23	4/26/24	4/28/25	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	4.43%	3.42%	2.51%	2.49%	2.92%	2.84%	2.91%	3.05%
EBIT Margin (%)	3.93%	2.93%	2.03%	2.01%	2.39%	2.42%	2.36%	2.54%
EBT Margin (%)	3.91%	2.75%	2.02%	1.99%	2.4%	2.29%	2.26%	2.35%
Net margin (%)	2.77%	2%	1.48%	1.45%	1.65%	1.7%	1.62%	1.66%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	4.05%	2.94%	2.34%	2.35%	2.57%	2.7%	2.65%	3%
ROE	15.9%	11.37%	8.98%	9.04%	9.98%	8.99%	9.44%	8.98%
Financial Health
Leverage (Debt/EBITDA)	0.59x	0.5x	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.04%	0.99%	0.77%	0.59%	0.63%	0.82%	0.8%	0.9%
CAPEX / EBITDA (%)	23.6%	29.02%	30.71%	23.67%	21.52%	29.08%	27.41%	29.62%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	0.683	0.686	0.7905	0.9416	0.6113	0.66	0.7567	0.83
Change	-	0.44%	15.24%	19.1%	-35.08%	7.97%	14.65%	9.69%
Dividend per Share ¹	0.1858	0.1115	0.1858	0.1938	0.2	0.2253	0.221	0.2179
Change	-	-40%	66.66%	4.3%	3.2%	12.64%	-1.91%	-1.41%
Book Value Per Share ¹	3.848	4.161	4.454	4.756	5.403	5.774	6.044	6.604
Change	-	8.16%	7.03%	6.79%	13.59%	6.88%	4.67%	9.26%
EPS ¹	0.576	0.472	0.3976	0.4264	0.5	0.5451	0.5623	0.5934
Change	-	-18.07%	-15.75%	7.23%	17.27%	9.02%	3.16%	5.53%
Nbr of stocks (in thousands)	4,925,621	4,921,006	4,963,416	4,911,693	4,911,693	4,986,434	4,986,434	4,986,434
Announcement Date	4/26/21	4/25/22	4/24/23	4/26/24	4/28/25	-	-	-