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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	770.06	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	776.86	680.28	583.3	526.81	432.06	376.09
Revenue Growth (YoY)	18.15%	16.63%	10.72%	21.93%	14.88%	12.05%
Cost of Revenue	366.84	332.27	276.38	241.64	172.58	142.37
Gross Profit	410.01	348.01	306.92	285.17	259.48	233.72
Selling, General & Admin	87.25	77.1	76.31	65.48	55.9	46.42
Research & Development	40.16	37.32	36.64	33.23	31.85	24.19
Other Operating Expenses	14.43	7.26	6.63	7.83	6.37	5.23
Operating Expenses	143.24	123.49	118.83	109.53	93.78	76.63
Operating Income	266.77	224.52	188.09	175.63	165.7	157.09
Interest Expense	-1.35	-1.59	-0.61	-0.02	-0.06	-
Interest & Investment Income	15.04	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)	8.31	-0.23	0.22	-0.24	-0.56	0.02
EBT Excluding Unusual Items	284.52	232.29	205.01	183.06	161.81	158.64
Gain (Loss) on Sale of Investments	3.97	6.17	4.05	1.08	4.57	11.63
Gain (Loss) on Sale of Assets	0.09	0.41	0.92	0.01	-0.08	-0.15
Asset Writedown	-2.27	-0.03	-	-	-	-
Other Unusual Items	16.36	10.94	6.57	17.16	8.46	11.83
Pretax Income	302.66	249.79	216.56	201.31	174.75	181.96
Income Tax Expense	35.8	30.42	30.5	35.14	24.9	27.35
Earnings From Continuing Operations	266.86	219.37	186.05	166.17	149.86	154.61
Minority Interest in Earnings	-7.69	-7.77	-1.67	-10.41	-9.1	-6.21
Net Income	259.17	211.61	184.38	155.76	140.76	148.4
Net Income to Common	259.17	211.61	184.38	155.76	140.76	148.4
Net Income Growth	22.69%	14.76%	18.38%	10.66%	-5.15%	13.93%
Shares Outstanding (Basic)	135	134	134	133	133	134
Shares Outstanding (Diluted)	135	134	134	133	133	134
Shares Change (YoY)	1.70%	0.24%	0.36%	0.25%	-0.68%	0.20%
EPS (Basic)	1.92	1.58	1.38	1.17	1.06	1.11
EPS (Diluted)	1.92	1.58	1.38	1.17	1.06	1.11
EPS Growth	20.64%	14.49%	17.95%	10.38%	-4.50%	13.69%
Free Cash Flow	231.47	179.54	241.06	96.42	-8.82	48.65
Free Cash Flow Per Share	1.72	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	125.00%	63.64%	57.14%	16.67%	-22.00%	30.02%
Gross Margin	52.78%	51.16%	52.62%	54.13%	60.06%	62.14%
Operating Margin	34.34%	33.00%	32.25%	33.34%	38.35%	41.77%
Profit Margin	33.36%	31.11%	31.61%	29.57%	32.58%	39.46%
Free Cash Flow Margin	29.79%	26.39%	41.33%	18.30%	-2.04%	12.93%
EBITDA	316.6	273.78	236.6	216.4	196.47	183.21
EBITDA Margin	40.75%	40.24%	40.56%	41.08%	45.47%	48.72%
D&A For EBITDA	49.83	49.26	48.51	40.77	30.77	26.12
EBIT	266.77	224.52	188.09	175.63	165.7	157.09
EBIT Margin	34.34%	33.00%	32.25%	33.34%	38.35%	41.77%
Effective Tax Rate	11.83%	12.18%	14.09%	17.46%	14.25%	15.03%
Revenue as Reported	776.86	680.28	583.3	526.81	432.06	376.09
Advertising Expenses	-	0.3	0.01	0.49	-	0.68

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.