JS环球生活2025 中期报告

4244464979 2427394041 公司資料 Stassi Anastas ANASTASSOV Maples Corporate Services LimitedPO Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands Yuan DINGMaximilian Walter CONZE 10391 Yuan DING 2025327Yuan DINGMaximilian Walter CONZE 10391 Maples Fund Services (Cayman) LimitedPO Box 1093Boundary HallCricket SquareGrand CaymanKY1-1102Cayman Islands Stassi Anastas ANASTASSOVYuan DINGMaximilian Walter CONZE 公司資料 1617 122 1826 97927 www.jsgloballife.com () 2023SharkNinjaSharkNinja (i)(ii)(iii) SharkNinja •SharkNinja • 管理層討論與分析 2025K6B1U40N1U ProAILZ9R1001AI6 O2O NPS SharkNinja SharkNinja2025230.1123.186.9%SharkNinja Shark24%*52 2024BlastNinja2025Blast MaxStealth IQNinja202519%*2025626%*Blast Max SharkNinja202596.3202444.6 20.5%* 20%*NinjaSlushiRapidChillNinjaSlushiCreami 32014.7%*SharkFlexStyleFlexStyle 管理層討論與分析 202590%57.6202430.4 202514%*IQ 900202518.5%*20%*Ninja Blast MaxNinja DetectSilent IQ 202510.34.4 774.14.2%248.51.1%32.1%33.1%1.0281.4%53.7371.6%59.2EBITDA1207.0%EBITDA44.6EBITDA225.9%22.6326.6%13.5 EBITDAEBITDA 2EBITDAEBITDA 3 *GFKPOS 774.12024743.04.2% SharkNinjaSharkNinja 2025630490.12024487.20.6%63.3%SharkNinja230.12024123.186.9%29.7% 管理層討論與分析 SharkNinjaSlushiFlexBreeze 2023731SharkNinjaOEMSharkNinja20237312024452023918202457 SharkNinjaSharkNinjaSharkNinjaOEMSharkNinja20237312023918 484.92024478.21.4%2025 Shark148.0202492.859.5%SharkFlexBreeze 管理層討論與分析 Ninja87.3202439.3122.1% 483.62024478.41.1% 96.3202444.6115.9%Slushi 65.9202443.750.8%Blast Max 74.4202443.670.6%57.6202430.4 管理層討論與分析 38.9%1.7%280.4Ninja 30.0%238.6 51.6%131.1 8.9%70.1 2025630525.62024497.15.7%47.02024101.5478.62024395.621.0% 20256 30345.72024330.74.5% 2025630SharkNinja132.9202464.9104.8% 2025630248.52024245.81.1%32.1%202463033.1%1.0 管理層討論與分析 241.62024214.712.5%33.5%202463035.2%1.7SharkNinja 202463032.1%29.5% SharkNinja67.0%202463047.3%42.2% (i)(ii)(iii)(iv)(v)(vi)(vii)(viii) 202563019.6202456.765.4% (i)(ii)(iii)(iv)(v)(vi) 管理層討論與分析 2024630146.612.2%164.5SharkNinja (i)(ii)(iii)(a)(b)(c)(iv)(v) 2024630116.714.3%133.4 (i)(ii)(iii) 20246302.7644.4%20.1 (i)(ii)(iii)(iv) 管理層討論與分析 20246301.816.7%1.5 25%202425%2024 16.5%202416.5%2024 20246307.270.8%2.1 2025630 管理層討論與分析 15% 63029.6281.4%53.7 EBITDAEBITDASharkNinja2019 管理層討論與分析 7SharkNinja20237312026731202373120257312023731 管理層討論與分析 (i)(ii)(iii)(iv)(v)(vi)EBITDA(i)(ii) 2025630452.020241231359.6 202563048.82024123115.0225.3%2025630 2025630 2025630148.82024100.0100.0202485.0 20241231154.10.2%2025630153.8SharkNinja10202446202553 20241231399.28.8%2025630364.22025202420251191202490 20241231522.32.8%2025630507.61220241682025179 管理層討論與分析 202563010.3%202412314.7%5.6 2025630 202563072.52024123170.114.72024123167.0 20.9202422.3 2025630 202563020241231 2025630 •••••SharkNinja• ••• 管理層討論與分析 DNANPS 1,60060++ SharkNinja SharkNinjaSEA SharkNinja •••SharkNinja SharkNinja SharkNinja 2025 企業管治及其他資料 20253 27YuanDINGMaximilian Walter CONZE 13.51B(1) 13.21 2024131100,000,00036436 2,462,248,67670.86%50.1% 202421 13.21 20253 28872 20257 1820020261160.1% SharkNinja 20253282025718 C.2.1 C.2.1 SharkNinjaSharkNinja, Inc.2090SharkNinja, Inc.SharkNinja2023731SharkNinjaSharkNinjaSharkNinja, Inc. F.2.2 F.2.22025522 C3 企業管治及其他資料 2025630XV(i)XV78(ii)352(iii) (1)20256303,474,571,777 (2)JS&W Global Holding Limited PartnershipJS&W GlobalJS Holding Limited Partnership1,836,844,233HezhouCompany LimitedHezhouJS&W GlobalTong Zhou Company LimitedTong Zhou100%HezhouWang’s Family TrustTongZhouWang’s FamilyTrustHan’s Family TrustHuang’s Family TrustXVJS&W Global (3)JS&W Capital Holding Limited PartnershipJS&W Capital544,234,148Sol Target LimitedSTLJS&W CapitalSolar Growth Company LimitedSGCL100%STLXuning HoldingsLimitedXHLXHLWang Family Holdings Limited WFHLWang Family Global LimitedWFGLXHLWFHLWang’s Holding CompaniesWFGLWang’s Family TrustWang’s Family TrustXVJS&W Capital544,234,148(2)JS&W GlobalJS&W GlobalJS&WCapital2,381,078,38181,170,29569,636,96111,533,33411,533,334 (4)Run Holdings LimitedRHLHannah Han Family Global LimitedHHFGLHannah Han Family Holdings LimitedHHFHLRHLHHFGLHan’s Holding CompaniesHHFHLHan’s FamilyTrustHan’s Family Trust(2)(3)JS&W GlobalJS&W Capital2,381,078,38128,132,07322,465,4075,666,6665,666,666 (5)Y&W Holdings LimitedYWHLL&W Everlasting Holdings LimitedLEHLHuang Family Global LimitedHFGLYWHLLEHLHuang’s Holding CompaniesHFGLHuang’s Family TrustHuang’s Family Trust(2)JS&W Global1,836,844,233 企業管治及其他資料 (1)2025630767,017,000(2)202310 27I1,000,00020241031I250,000(3)2025630500,000(4)202563092,700 2025630XV(i)XV78(ii)352(iii) 2025630336XV23 (1)20256303,474,571,777(2)JS&W Global1,836,844,233HezhouJS&W GlobalTong ZhouJS&W Global100%XVHezhouTong ZhouJS&W Global1,836,844,233(3)HJHCLHJGCLHJFCLHJHCLHJGCLZhu HT’s Holding CompaniesHJFCLTridentTrust Company (Singapore) Pte. LimitedZhu HT’s Family TrustZhu HT’s Family Trust(4)GDELWENLHGLGDELWENLYang’s Holding CompaniesHGLYang’s