Zhongsheng Group Holdings Limited (HKG:0881)

Zhongsheng Group Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	163,025	168,124	179,290	179,857	175,103	148,348
Revenue Growth (YoY)	-9.34%	-6.23%	-0.32%	2.71%	18.04%	19.60%
Cost of Revenue	153,070	157,452	165,526	163,825	156,634	134,866
Gross Profit	9,955	10,672	13,764	16,032	18,470	13,482
Selling, General & Admin	9,777	9,782	10,156	10,287	9,743	7,969
Other Operating Expenses	-4,253	-4,492	-4,282	-4,066	-3,677	-3,299
Operating Expenses	5,524	5,290	5,874	6,221	6,066	4,670
Operating Income	4,431	5,382	7,891	9,811	12,403	8,812
Interest Expense	-1,462	-1,573	-1,507	-1,219	-1,120	-1,260
Interest & Investment Income	408.14	331.23	460.61	241.87	185.52	111.1
Earnings From Equity Investments	-1.8	1.8	-1.32	0.57	6.42	2.01
EBT Excluding Unusual Items	3,375	4,142	6,843	8,835	11,475	7,665
Gain (Loss) on Sale of Investments	-27.28	5.32	25.16	-10.11	20.62	0.54
Gain (Loss) on Sale of Assets	15.08	-44.36	-94.91	126.12	7.66	12.9
Other Unusual Items	-2.76	-	58.08	-	-	-
Pretax Income	3,360	4,103	6,831	8,951	11,504	7,679
Income Tax Expense	865.03	1,033	1,840	2,316	3,096	2,098
Earnings From Continuing Operations	2,495	3,071	4,991	6,635	8,407	5,581
Minority Interest in Earnings	149.07	141.31	27.19	52.9	-78.38	-41.03
Net Income	2,644	3,212	5,018	6,688	8,329	5,540
Net Income to Common	2,644	3,212	5,018	6,688	8,329	5,540
Net Income Growth	-26.33%	-35.99%	-24.97%	-19.70%	50.35%	23.06%
Shares Outstanding (Basic)	2,368	2,377	2,397	2,412	2,341	2,273
Shares Outstanding (Diluted)	2,467	2,448	2,469	2,518	2,448	2,428
Shares Change (YoY)	1.77%	-0.83%	-1.94%	2.85%	0.81%	-0.01%
EPS (Basic)	1.12	1.35	2.09	2.77	3.56	2.44
EPS (Diluted)	1.12	1.35	2.08	2.72	3.46	2.36
EPS Growth	-25.68%	-35.15%	-23.27%	-21.59%	46.81%	23.02%
Free Cash Flow	3,995	1,339	3,562	5,625	6,365	6,092
Free Cash Flow Per Share	1.62	0.55	1.44	2.23	2.60	2.51
Dividend Per Share	0.634	0.634	0.723	0.964	0.684	0.488
Dividend Growth	-13.86%	-12.36%	-24.97%	40.89%	40.12%	21.41%
Gross Margin	6.11%	6.35%	7.68%	8.91%	10.55%	9.09%
Operating Margin	2.72%	3.20%	4.40%	5.46%	7.08%	5.94%
Profit Margin	1.62%	1.91%	2.80%	3.72%	4.76%	3.73%
Free Cash Flow Margin	2.45%	0.80%	1.99%	3.13%	3.64%	4.11%
EBITDA	6,202	7,313	9,257	11,916	14,143	10,195
EBITDA Margin	3.80%	4.35%	5.16%	6.63%	8.08%	6.87%
D&A For EBITDA	1,772	1,931	1,366	2,105	1,739	1,383
EBIT	4,431	5,382	7,891	9,811	12,403	8,812
EBIT Margin	2.72%	3.20%	4.40%	5.46%	7.08%	5.94%
Effective Tax Rate	25.75%	25.16%	26.94%	25.87%	26.92%	27.32%
Advertising Expenses	-	1,204	1,408	817.97	1,003	1,008

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.