Zhejiang Shibao Company Limited (HKG:1057)

Zhejiang Shibao Company 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,254	2,610	1,740	1,328	1,111	1,071
Other Revenue	83.68	83.68	79.2	58.36	66.43	31.59
Revenue	3,338	2,693	1,819	1,386	1,178	1,102
Revenue Growth (YoY)	35.65%	48.04%	31.24%	17.70%	6.88%	12.19%
Cost of Revenue	2,749	2,184	1,481	1,137	939.92	854.51
Gross Profit	589.04	509.37	338.88	249.03	238	247.62
Selling, General & Admin	200.4	184.3	148.8	139.62	137.9	148.81
Research & Development	194.97	159.71	118.2	99.67	80.48	66.01
Other Operating Expenses	-9.13	-4.44	-7.95	9.43	12.31	-6.54
Operating Expenses	394.52	353.21	256.28	250.31	230.55	206.55
Operating Income	194.52	156.16	82.59	-1.28	7.45	41.07
Interest Expense	-2.21	-4.13	-7.27	-5.35	-4.89	-4.88
Interest & Investment Income	6.65	6.83	3.2	2.75	7.52	1.6
Currency Exchange Gain (Loss)	-0.01	-0.01	0.25	-0.19	-1.02	-0.36
Other Non Operating Income (Expenses)	-1.33	-1.63	-1.22	-0.47	-0.45	-1.73
EBT Excluding Unusual Items	197.61	157.22	77.54	-4.54	8.61	35.7
Gain (Loss) on Sale of Investments	1.82	2.48	-0.27	-1.14	1.32	-0.04
Gain (Loss) on Sale of Assets	5.48	-1.92	-0.47	5.11	-1.45	0.4
Asset Writedown	-20.74	-13.59	-2	-0.07	-0.02	-0.02
Other Unusual Items	8.08	8.08	9.2	19.27	19.24	0.11
Pretax Income	192.26	152.27	84	18.63	27.7	36.16
Income Tax Expense	-15.51	-16.56	-0.86	0.37	2.1	1.56
Earnings From Continuing Operations	207.77	168.83	84.87	18.26	25.59	34.6
Minority Interest in Earnings	-20.95	-19.7	-7.66	-2.44	8.56	6.25
Net Income	186.82	149.12	77.2	15.82	34.16	40.85
Net Income to Common	186.82	149.12	77.2	15.82	34.16	40.85
Net Income Growth	25.84%	93.16%	387.91%	-53.67%	-16.38%	-
Shares Outstanding (Basic)	823	814	789	791	854	817
Shares Outstanding (Diluted)	823	814	789	791	854	817
Shares Change (YoY)	2.09%	3.16%	-0.22%	-7.35%	4.53%	1.70%
EPS (Basic)	0.23	0.18	0.10	0.02	0.04	0.05
EPS (Diluted)	0.23	0.18	0.10	0.02	0.04	0.05
EPS Growth	23.25%	87.22%	389.00%	-50.00%	-20.00%	-
Free Cash Flow	-16.03	-100.12	-60.37	33.54	-38.43	1.94
Free Cash Flow Per Share	-0.02	-0.12	-0.08	0.04	-0.04	0.00
Dividend Per Share	0.060	0.060	0.025	-	-	-
Dividend Growth	140.00%	140.00%	-	-	-	-
Gross Margin	17.65%	18.91%	18.63%	17.96%	20.21%	22.47%
Operating Margin	5.83%	5.80%	4.54%	-0.09%	0.63%	3.73%
Profit Margin	5.60%	5.54%	4.24%	1.14%	2.90%	3.71%
Free Cash Flow Margin	-0.48%	-3.72%	-3.32%	2.42%	-3.26%	0.18%
EBITDA	284.19	246.49	173.78	81.59	89.96	128.56
EBITDA Margin	8.52%	9.15%	9.55%	5.88%	7.64%	11.67%
D&A For EBITDA	89.67	90.32	91.19	82.87	82.51	87.49
EBIT	194.52	156.16	82.59	-1.28	7.45	41.07
EBIT Margin	5.83%	5.80%	4.54%	-0.09%	0.63%	3.73%
Effective Tax Rate	-	-	-	1.98%	7.59%	4.32%
Revenue as Reported	3,338	2,693	1,819	1,386	1,178	1,102

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