FRA:ZHY Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,414	2,451	2,744	2,343	2,870	2,182
Revenue Growth (YoY)	-6.73%	-10.66%	17.08%	-18.35%	31.56%	-31.53%
Cost of Revenue	1,003	1,059	1,305	1,054	1,212	971.35
Gross Profit	1,411	1,392	1,438	1,289	1,658	1,210
Selling, General & Admin	1,211	1,249	1,300	1,241	1,395	1,145
Operating Expenses	1,211	1,249	1,300	1,241	1,395	1,145
Operating Income	199.34	143.26	138.23	48.56	263.86	65.27
Interest Expense	-11.75	-12.46	-23.64	-58.4	-60.07	-39.56
Interest & Investment Income	41.21	50.05	72.46	67.84	106.88	73.03
Earnings From Equity Investments	26.19	-3.5	1.09	7.96	27.57	26.65
Currency Exchange Gain (Loss)	0.61	-8.66	2.17	-109.07	14.4	50.39
Other Non Operating Income (Expenses)	16.6	25.72	19.22	57.11	54.07	32.5
EBT Excluding Unusual Items	272.19	194.42	209.52	13.99	406.71	208.29
Gain (Loss) on Sale of Investments	-28.05	-37.02	-3.39	-4.99	-1.59	6.67
Gain (Loss) on Sale of Assets	2.54	-0.09	-3.38	1.67	80.14	-13.17
Asset Writedown	-13.35	-13.35	-13.78	-20.31	-24.28	-1.72
Other Unusual Items	5.11	5.11	25.19	64.37	-9.98	-
Pretax Income	238.44	149.07	214.15	54.73	450.99	200.06
Income Tax Expense	65.21	50.86	98.57	29.45	108.57	48.84
Net Income	173.23	98.2	115.58	25.28	342.42	151.22
Net Income to Common	173.23	98.2	115.58	25.28	342.42	151.22
Net Income Growth	270.57%	-15.03%	357.13%	-92.62%	126.44%	-62.89%
Shares Outstanding (Basic)	2,098	2,195	2,316	2,311	2,313	2,318
Shares Outstanding (Diluted)	2,102	2,196	2,318	2,318	2,318	2,319
Shares Change (YoY)	-7.95%	-5.28%	-0.01%	0.01%	-0.06%	0.07%
EPS (Basic)	0.08	0.04	0.05	0.01	0.15	0.07
EPS (Diluted)	0.08	0.04	0.05	0.01	0.15	0.07
EPS Growth	405.53%	-19.84%	399.01%	-93.25%	126.92%	-62.89%
Free Cash Flow	397.51	358.18	271.25	309.65	352.61	398.78
Free Cash Flow Per Share	0.19	0.16	0.12	0.13	0.15	0.17
Dividend Per Share	0.050	0.050	0.160	-	0.100	0.070
Dividend Growth	2.15%	-68.75%	-	-	42.86%	-30.00%
Gross Margin	58.44%	56.79%	52.42%	55.03%	57.78%	55.47%
Operating Margin	8.26%	5.85%	5.04%	2.07%	9.19%	2.99%
Profit Margin	7.18%	4.01%	4.21%	1.08%	11.93%	6.93%
Free Cash Flow Margin	16.47%	14.61%	9.89%	13.21%	12.29%	18.28%
EBITDA	313.64	258.28	255.62	178.26	388.66	185.36
EBITDA Margin	12.99%	10.54%	9.32%	7.61%	13.54%	8.50%
D&A For EBITDA	114.3	115.02	117.39	129.7	124.8	120.09
EBIT	199.34	143.26	138.23	48.56	263.86	65.27
EBIT Margin	8.26%	5.85%	5.04%	2.07%	9.19%	2.99%
Effective Tax Rate	27.35%	34.12%	46.03%	53.80%	24.07%	24.41%
Advertising Expenses	-	34.79	39.25	38.3	52.79	38.04

Source: S&P Global Market Intelligence. Standard template. Financial Sources.