Hangzhou XZB Tech Co., Ltd (SHA:603040)

Hangzhou XZB Tech 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	710.59	673.48	577.94	523.15	427.95	373.41
Other Revenue	6.8	6.8	5.37	3.65	4.11	2.68
Revenue	717.39	680.28	583.3	526.81	432.06	376.09
Revenue Growth (YoY)	20.91%	16.63%	10.72%	21.93%	14.88%	12.05%
Cost of Revenue	346.41	332.27	276.38	241.64	172.58	142.37
Gross Profit	370.98	348.01	306.92	285.17	259.48	233.72
Selling, General & Admin	79.92	77.1	76.31	65.48	55.9	46.42
Research & Development	37.67	37.32	36.64	33.23	31.85	24.19
Other Operating Expenses	10.21	7.26	6.63	7.83	6.37	5.23
Operating Expenses	129.63	123.49	118.83	109.53	93.78	76.63
Operating Income	241.34	224.52	188.09	175.63	165.7	157.09
Interest Expense	-1.39	-1.59	-0.61	-0.02	-0.06	-
Interest & Investment Income	14.16	13.85	14.19	3.05	3.05	3.11
Currency Exchange Gain (Loss)	-4.25	-4.25	3.13	4.63	-6.31	-1.57
Other Non Operating Income (Expenses)	1.86	-0.23	0.22	-0.24	-0.56	0.02
EBT Excluding Unusual Items	251.72	232.29	205.01	183.06	161.81	158.64
Gain (Loss) on Sale of Investments	5.27	6.17	4.05	1.08	4.57	11.63
Gain (Loss) on Sale of Assets	0.06	0.41	0.92	0.01	-0.08	-0.15
Asset Writedown	-0.03	-0.03	-	-	-	-
Other Unusual Items	13.51	10.94	6.57	17.16	8.46	11.83
Pretax Income	270.52	249.79	216.56	201.31	174.75	181.96
Income Tax Expense	32.5	30.42	30.5	35.14	24.9	27.35
Earnings From Continuing Operations	238.03	219.37	186.05	166.17	149.86	154.61
Minority Interest in Earnings	-8.17	-7.77	-1.67	-10.41	-9.1	-6.21
Net Income	229.86	211.61	184.38	155.76	140.76	148.4
Net Income to Common	229.86	211.61	184.38	155.76	140.76	148.4
Net Income Growth	24.27%	14.76%	18.38%	10.66%	-5.15%	13.93%
Shares Outstanding (Basic)	134	134	134	133	133	134
Shares Outstanding (Diluted)	134	134	134	133	133	134
Shares Change (YoY)	-0.30%	0.24%	0.36%	0.25%	-0.68%	0.20%
EPS (Basic)	1.72	1.58	1.38	1.17	1.06	1.11
EPS (Diluted)	1.72	1.58	1.38	1.17	1.06	1.11
EPS Growth	24.65%	14.49%	17.95%	10.38%	-4.50%	13.69%
Free Cash Flow	209.62	179.54	241.06	96.42	-8.82	48.65
Free Cash Flow Per Share	1.57	1.34	1.80	0.72	-0.07	0.36
Dividend Per Share	0.900	0.900	0.550	0.350	0.300	0.385
Dividend Growth	63.64%	63.64%	57.14%	16.67%	-22.00%	30.02%
Gross Margin	51.71%	51.16%	52.62%	54.13%	60.06%	62.14%
Operating Margin	33.64%	33.00%	32.25%	33.34%	38.35%	41.77%
Profit Margin	32.04%	31.11%	31.61%	29.57%	32.58%	39.46%
Free Cash Flow Margin	29.22%	26.39%	41.33%	18.30%	-2.04%	12.93%
EBITDA	290.79	273.78	236.6	216.4	196.47	183.21
EBITDA Margin	40.53%	40.24%	40.56%	41.08%	45.47%	48.72%
D&A For EBITDA	49.45	49.26	48.51	40.77	30.77	26.12
EBIT	241.34	224.52	188.09	175.63	165.7	157.09
EBIT Margin	33.64%	33.00%	32.25%	33.34%	38.35%	41.77%
Effective Tax Rate	12.01%	12.18%	14.09%	17.46%	14.25%	15.03%
Revenue as Reported	717.39	680.28	583.3	526.81	432.06	376.09
Advertising Expenses	-	0.3	0.01	0.49	-	0.68

Updated Oct 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.