Shanghai Zhida Technology Development Co., Ltd. (HKG:2650)

HKG:2650 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	654.81	593.41	670.73	697.06
Revenue Growth (YoY)	-	-11.53%	-3.78%	-
Cost of Revenue	565.79	504.83	533.2	554.99
Gross Profit	89.02	88.58	137.53	142.07
Selling, General & Admin	201.87	218.59	164.12	121.31
Research & Development	57.4	55.58	41.1	34.1
Other Operating Expenses	-7.11	-5.17	-6.42	-4.26
Operating Expenses	290.17	305.07	198.54	157.77
Operating Income	-201.15	-216.49	-61.01	-15.7
Interest Expense	-14.8	-14.02	-10.1	-14.34
Interest & Investment Income	0.81	1.05	2.05	1.42
Other Non Operating Income (Expenses)	-2.52	-2.42	-0.05	-0.08
EBT Excluding Unusual Items	-217.65	-231.88	-69.12	-28.7
Gain (Loss) on Sale of Assets	0.07	-0.03	-0.11	-0.35
Pretax Income	-217.65	-231.92	-69.23	-29.05
Income Tax Expense	3.83	3.98	-11.11	-3.9
Earnings From Continuing Operations	-221.48	-235.9	-58.12	-25.15
Minority Interest in Earnings	-2.98	-2.95	-0.42	-1.16
Net Income	-224.45	-238.84	-58.54	-26.31
Net Income to Common	-224.45	-238.84	-58.54	-26.31
Shares Outstanding (Basic)	53	53	53	50
Shares Outstanding (Diluted)	53	53	53	50
Shares Change (YoY)	-	0.17%	5.55%	-
EPS (Basic)	-4.24	-4.54	-1.11	-0.53
EPS (Diluted)	-4.24	-4.54	-1.11	-0.53
Free Cash Flow	-150.07	-133.75	-41.92	-160.09
Free Cash Flow Per Share	-2.84	-2.54	-0.80	-3.22
Gross Margin	13.59%	14.93%	20.51%	20.38%
Operating Margin	-30.72%	-36.48%	-9.10%	-2.25%
Profit Margin	-34.28%	-40.25%	-8.73%	-3.77%
Free Cash Flow Margin	-22.92%	-22.54%	-6.25%	-22.97%
EBITDA	-188.84	-203.95	-52.31	-7.64
EBITDA Margin	-28.84%	-34.37%	-7.80%	-1.10%
D&A For EBITDA	12.31	12.55	8.7	8.06
EBIT	-201.15	-216.49	-61.01	-15.7
EBIT Margin	-30.72%	-36.48%	-9.10%	-2.25%

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