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

HKG:2650 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	716.51	593.41	670.73	697.06
Revenue Growth (YoY)	20.75%	-11.53%	-3.78%	-
Cost of Revenue	607.6	504.83	533.2	554.99
Gross Profit	108.91	88.58	137.53	142.07
Selling, General & Admin	201.54	218.59	164.12	121.31
Research & Development	53.47	55.58	41.1	34.1
Other Operating Expenses	-7.2	-5.17	-6.42	-4.26
Operating Expenses	247.82	305.07	198.54	157.77
Operating Income	-138.91	-216.49	-61.01	-15.7
Interest Expense	-14.57	-14.02	-10.1	-14.34
Interest & Investment Income	-	1.05	2.05	1.42
Other Non Operating Income (Expenses)	1.34	-2.42	-0.05	-0.08
EBT Excluding Unusual Items	-152.14	-231.88	-69.12	-28.7
Gain (Loss) on Sale of Assets	-	-0.03	-0.11	-0.35
Asset Writedown	-8	-	-	-
Pretax Income	-160.13	-231.92	-69.23	-29.05
Income Tax Expense	3.71	3.98	-11.11	-3.9
Earnings From Continuing Operations	-163.84	-235.9	-58.12	-25.15
Minority Interest in Earnings	-0	-2.95	-0.42	-1.16
Net Income	-163.85	-238.84	-58.54	-26.31
Net Income to Common	-163.85	-238.84	-58.54	-26.31
Shares Outstanding (Basic)	55	263	263	249
Shares Outstanding (Diluted)	55	263	263	249
Shares Change (YoY)	-79.03%	0.17%	5.55%	-
EPS (Basic)	-2.97	-0.91	-0.22	-0.11
EPS (Diluted)	-2.97	-0.91	-0.22	-0.11
Free Cash Flow	-	-133.75	-41.92	-160.09
Free Cash Flow Per Share	-	-0.51	-0.16	-0.64
Gross Margin	15.20%	14.93%	20.51%	20.38%
Operating Margin	-19.39%	-36.48%	-9.10%	-2.25%
Profit Margin	-22.87%	-40.25%	-8.73%	-3.77%
Free Cash Flow Margin	-	-22.54%	-6.25%	-22.97%
EBITDA	-126.36	-203.95	-52.31	-7.64
EBITDA Margin	-17.64%	-34.37%	-7.80%	-1.10%
D&A For EBITDA	12.55	12.55	8.7	8.06
EBIT	-138.91	-216.49	-61.01	-15.7
EBIT Margin	-19.39%	-36.48%	-9.10%	-2.25%

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