Zhejiang Dragon Technology Co., Ltd. (SHA:603004)

SHA:603004 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	694.89	689.85	736.37	826.42	691.64	639.04
Other Revenue	10.33	10.33	5.18	4.34	9.53	4.56
Revenue	705.22	700.19	741.55	830.76	701.17	643.6
Revenue Growth (YoY)	1.22%	-5.58%	-10.74%	18.48%	8.95%	2.09%
Cost of Revenue	452.43	439.57	444.52	577.57	485.24	401.46
Gross Profit	252.8	260.62	297.03	253.19	215.93	242.14
Selling, General & Admin	57.19	57.13	57.81	53.95	60.27	59.29
Research & Development	31.95	32.34	32.39	34.11	27.69	20.35
Other Operating Expenses	6.44	5.6	7.21	6.3	5.89	3.47
Operating Expenses	96.55	95.08	96.38	96.11	94.35	84.25
Operating Income	156.25	165.53	200.64	157.08	121.58	157.88
Interest Expense	-0.15	-0.83	-2.07	-6.08	-5.58	-5.08
Interest & Investment Income	19.29	21.73	4.54	3.23	2.57	1.22
Currency Exchange Gain (Loss)	3.46	3.46	10.78	17.55	-11.17	-5.03
Other Non Operating Income (Expenses)	2.97	0.25	0.46	-0.94	-1.34	3.75
EBT Excluding Unusual Items	181.82	190.15	214.35	170.83	106.05	152.74
Gain (Loss) on Sale of Investments	4.09	1.21	-4.13	-0.22	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	0.01	-3.35	2.21	0.32
Asset Writedown	-1.53	-1.51	-2.11	-	-1.72	-47.42
Other Unusual Items	6.45	6.02	2.25	5.57	4.88	3.61
Pretax Income	190.85	195.88	210.37	172.82	111.42	109.24
Income Tax Expense	33.64	31.09	36.53	19.63	21.14	28.69
Earnings From Continuing Operations	157.21	164.79	173.84	153.19	90.27	80.55
Minority Interest in Earnings	-0.15	-1.36	0.23	-2.53	4.73	2.66
Net Income	157.07	163.43	174.07	150.66	95.01	83.21
Net Income to Common	157.07	163.43	174.07	150.66	95.01	83.21
Net Income Growth	-6.55%	-6.11%	15.54%	58.58%	14.17%	-10.85%
Shares Outstanding (Basic)	238	237	176	177	177	177
Shares Outstanding (Diluted)	238	237	176	177	177	177
Shares Change (YoY)	25.34%	34.71%	-0.80%	0.34%	-	-
EPS (Basic)	0.66	0.69	0.99	0.85	0.54	0.47
EPS (Diluted)	0.66	0.69	0.99	0.85	0.54	0.47
EPS Growth	-25.45%	-30.30%	16.47%	58.04%	14.44%	-
Free Cash Flow	79.41	91.16	81.09	91.16	22.05	20.55
Free Cash Flow Per Share	0.33	0.39	0.46	0.51	0.13	0.12
Dividend Per Share	0.210	0.210	0.222	-	-	-
Dividend Growth	-5.41%	-5.41%	-	-	-	-
Gross Margin	35.85%	37.22%	40.05%	30.48%	30.80%	37.62%
Operating Margin	22.16%	23.64%	27.06%	18.91%	17.34%	24.53%
Profit Margin	22.27%	23.34%	23.47%	18.14%	13.55%	12.93%
Free Cash Flow Margin	11.26%	13.02%	10.94%	10.97%	3.15%	3.19%
EBITDA	194.53	203.18	235.75	190.08	145.46	183.36
EBITDA Margin	27.58%	29.02%	31.79%	22.88%	20.75%	28.49%
D&A For EBITDA	38.28	37.65	35.11	33	23.88	25.47
EBIT	156.25	165.53	200.64	157.08	121.58	157.88
EBIT Margin	22.16%	23.64%	27.06%	18.91%	17.34%	24.53%
Effective Tax Rate	17.62%	15.87%	17.36%	11.36%	18.98%	26.26%
Revenue as Reported	705.22	700.19	741.55	830.76	701.17	643.6

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