Zhengwei Group Holdings Company Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	551.6	445.21	356.85	342	282.89	297.4
Revenue Growth (YoY)	44.54%	24.76%	4.34%	20.89%	-4.88%	-
Cost of Revenue	467.81	297.95	237.59	233.52	193.29	201.52
Gross Profit	83.79	147.26	119.26	108.48	89.6	95.88
Selling, General & Admin	65.72	69.45	55.52	51.35	38.21	40.45
Other Operating Expenses	-9.06	-5.71	-0.39	-3.87	1.39	1.29
Operating Expenses	56.67	63.74	55.13	46.58	39.05	41.89
Operating Income	27.12	83.52	64.13	61.9	50.54	53.99
Interest Expense	-1.78	-2.9	-3.26	-6.13	-7.69	-7.42
Interest & Investment Income	0.65	0.65	0.39	0.31	0.31	0.2
Currency Exchange Gain (Loss)	-0.16	-0.16	-	-	-0.03	-
Other Non Operating Income (Expenses)	-5.6	-4.4	-8.27	-0.85	-0.59	-2.63
EBT Excluding Unusual Items	20.22	76.7	52.98	55.23	42.55	44.14
Gain (Loss) on Sale of Assets	-0	-0	-0.06	-0.26	-0.01	-0.07
Asset Writedown	-	-	-	1.1	0.16	0.07
Other Unusual Items	-	-	-	1.78	4.62	4.12
Pretax Income	20.22	76.7	52.92	57.84	47.31	48.26
Income Tax Expense	22.94	9.18	6.23	9.55	6.37	7.32
Net Income	-2.72	67.52	46.7	48.29	40.94	40.95
Net Income to Common	-2.72	67.52	46.7	48.29	40.94	40.95
Net Income Growth	-	44.59%	-3.30%	17.96%	-0.01%	-
Shares Outstanding (Basic)	821	793	600	600	-	-
Shares Outstanding (Diluted)	821	793	600	600	-	-
Shares Change (YoY)	18.42%	32.24%	-	-	-	-
EPS (Basic)	-0.00	0.09	0.08	0.08	-	-
EPS (Diluted)	-0.00	0.09	0.08	0.08	-	-
EPS Growth	-	9.34%	-3.30%	-	-	-
Free Cash Flow	-	-34.48	79.56	17.58	83.18	9.13
Free Cash Flow Per Share	-	-0.04	0.13	0.03	-	-
Gross Margin	15.19%	33.08%	33.42%	31.72%	31.67%	32.24%
Operating Margin	4.92%	18.76%	17.97%	18.10%	17.87%	18.15%
Profit Margin	-0.49%	15.17%	13.09%	14.12%	14.47%	13.77%
Free Cash Flow Margin	-	-7.74%	22.29%	5.14%	29.40%	3.07%
EBITDA	34.95	89.86	68.1	66.05	53.28	56.76
EBITDA Margin	6.34%	20.18%	19.08%	19.31%	18.83%	19.09%
D&A For EBITDA	7.83	6.34	3.97	4.15	2.73	2.77
EBIT	27.12	83.52	64.13	61.9	50.54	53.99
EBIT Margin	4.92%	18.76%	17.97%	18.10%	17.87%	18.15%
Effective Tax Rate	113.43%	11.97%	11.76%	16.51%	13.47%	15.16%

Source: S&P Capital IQ. Standard template. Financial Sources.