Zhejiang Longsheng Group Co.,Ltd (SHA:600352)

SHA:600352 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
Operating Revenue	15,353	15,780	15,127	21,097	16,459	15,066
Other Revenue	81.16	103.87	176.05	128.8	200.82	539.44
Revenue	15,434	15,884	15,303	21,226	16,660	15,605
Revenue Growth (YoY)	2.63%	3.79%	-27.90%	27.41%	6.76%	-26.96%
Cost of Revenue	11,267	11,683	11,499	14,914	11,028	9,271
Gross Profit	4,167	4,200	3,804	6,311	5,632	6,335
Selling, General & Admin	1,448	1,436	1,337	1,551	1,560	2,037
Research & Development	632.55	600.66	580.51	709.41	652.53	704.45
Other Operating Expenses	139.32	103.3	46.44	337.86	137.43	146.5
Operating Expenses	2,226	2,156	1,930	2,636	2,346	2,963
Operating Income	1,942	2,045	1,874	3,675	3,286	3,372
Interest Expense	-346.83	-403.6	-430.69	-281.94	-355.53	-206.35
Interest & Investment Income	674.48	697.22	838.12	627.3	1,362	638.09
Currency Exchange Gain (Loss)	237.04	235.42	108.54	74.83	45.62	51.82
Other Non Operating Income (Expenses)	-39.87	-19.53	-20.14	-29.21	-36.81	-20.77
EBT Excluding Unusual Items	2,467	2,554	2,370	4,066	4,302	3,835
Merger & Restructuring Charges	-14.58	-10.37	-47.47	8.03	15.63	24.25
Impairment of Goodwill	-	-	-22.27	-	-	-
Gain (Loss) on Sale of Investments	219.27	-236.81	-490.42	-565.17	-432.92	977.89
Gain (Loss) on Sale of Assets	125.19	462.4	135.27	141.82	13.12	12.6
Asset Writedown	-6.43	-6.43	-84.81	-27.86	-11.02	-13.37
Other Unusual Items	97.82	48.92	89.09	375.29	412.57	425.66
Pretax Income	2,888	2,812	1,949	3,998	4,299	5,262
Income Tax Expense	508.62	456.94	216.36	671.29	524.05	879.86
Earnings From Continuing Operations	2,379	2,355	1,733	3,327	3,775	4,382
Minority Interest in Earnings	-323.28	-324.57	-199.03	-323.42	-401.07	-205.58
Net Income	2,056	2,030	1,534	3,003	3,374	4,176
Net Income to Common	2,056	2,030	1,534	3,003	3,374	4,176
Net Income Growth	25.04%	32.36%	-48.92%	-10.99%	-19.21%	-16.86%
Shares Outstanding (Basic)	3,253	3,213	3,131	3,210	3,235	3,200
Shares Outstanding (Diluted)	3,253	3,213	3,131	3,210	3,235	3,200
Shares Change (YoY)	3.63%	2.62%	-2.47%	-0.80%	1.12%	0.43%
EPS (Basic)	0.63	0.63	0.49	0.94	1.04	1.31
EPS (Diluted)	0.63	0.63	0.49	0.94	1.04	1.31
EPS Growth	20.29%	28.57%	-47.63%	-10.27%	-20.10%	-17.21%
Free Cash Flow	11,094	9,129	2,523	367.86	4,056	2,214
Free Cash Flow Per Share	3.41	2.84	0.81	0.12	1.25	0.69
Dividend Per Share	0.450	0.450	0.250	0.250	0.250	0.250
Dividend Growth	-	80.00%	-	-	-	-
Gross Margin	27.00%	26.44%	24.86%	29.73%	33.81%	40.59%
Operating Margin	12.58%	12.87%	12.25%	17.31%	19.72%	21.61%
Profit Margin	13.32%	12.78%	10.02%	14.15%	20.25%	26.76%
Free Cash Flow Margin	71.88%	57.48%	16.49%	1.73%	24.35%	14.19%
EBITDA	2,786	2,888	2,797	4,555	4,133	4,152
EBITDA Margin	18.05%	18.18%	18.28%	21.46%	24.81%	26.60%
D&A For EBITDA	844.3	843.23	923.3	880.35	846.54	779.81
EBIT	1,942	2,045	1,874	3,675	3,286	3,372
EBIT Margin	12.58%	12.87%	12.25%	17.31%	19.72%	21.61%
Effective Tax Rate	17.61%	16.25%	11.10%	16.79%	12.19%	16.72%
Revenue as Reported	15,434	15,884	15,303	21,226	16,660	15,605
Advertising Expenses	-	17.21	11.91	7.86	13.25	31.75

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