Zhejiang Cady Industry Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	792.23	757.68	699.33	724.93	819.72	619.27
Other Revenue	13.17	13.17	10.04	10.74	10.54	5.1
Revenue	805.4	770.85	709.37	735.67	830.26	624.37
Revenue Growth (YoY)	7.29%	8.67%	-3.58%	-11.39%	32.98%	-27.84%
Cost of Revenue	602.63	572.55	534.4	542.17	587.66	449.52
Gross Profit	202.77	198.3	174.96	193.5	242.6	174.86
Selling, General & Admin	72.85	66.27	57.77	47.02	48.22	40.2
Research & Development	29.97	29.26	27.61	28.15	28.93	26.88
Other Operating Expenses	6.5	5.68	5.7	7.23	5.5	3.46
Operating Expenses	108.79	103.35	92.37	81.76	84.46	72.52
Operating Income	93.98	94.95	82.59	111.74	158.14	102.34
Interest Expense	-5.58	-3.64	-4.17	-6.65	-9.82	-5.97
Interest & Investment Income	13.81	16.7	18.15	0.97	1.05	2.68
Currency Exchange Gain (Loss)	5.53	5.53	3.7	8.56	-3.26	-5.54
Other Non Operating Income (Expenses)	-5.35	-1.76	3.75	-2	-4.06	-0.65
EBT Excluding Unusual Items	102.39	111.79	104.02	112.62	142.04	92.86
Gain (Loss) on Sale of Investments	3.61	5.94	1.64	-0.03	-	1.69
Gain (Loss) on Sale of Assets	3.54	-7.31	3.09	8.95	0.28	2.41
Asset Writedown	-0.8	-0	-0.02	-5.64	-3.19	-0.84
Other Unusual Items	2.77	2.82	10.21	8.51	12.78	10.8
Pretax Income	111.52	113.24	118.94	124.4	151.92	106.92
Income Tax Expense	16.74	15.77	15	14.58	20.93	13.44
Earnings From Continuing Operations	94.79	97.47	103.94	109.81	130.99	93.48
Minority Interest in Earnings	2.21	2.64	-	-	-	-
Net Income	96.99	100.1	103.94	109.81	130.99	93.48
Net Income to Common	96.99	100.1	103.94	109.81	130.99	93.48
Net Income Growth	11.11%	-3.69%	-5.35%	-16.17%	40.13%	23.17%
Shares Outstanding (Basic)	116	116	108	87	87	87
Shares Outstanding (Diluted)	116	116	108	87	87	87
Shares Change (YoY)	0.74%	7.14%	24.22%	0.47%	-0.29%	6.75%
EPS (Basic)	0.83	0.86	0.96	1.26	1.51	1.07
EPS (Diluted)	0.83	0.86	0.96	1.26	1.51	1.07
EPS Growth	9.90%	-10.42%	-23.81%	-16.56%	41.12%	15.05%
Free Cash Flow	-79.49	-69.15	51.46	106.75	0.19	-98.65
Free Cash Flow Per Share	-0.68	-0.60	0.47	1.23	0.00	-1.13
Dividend Per Share	0.300	0.300	0.300	0.300	-	-
Gross Margin	25.18%	25.72%	24.66%	26.30%	29.22%	28.01%
Operating Margin	11.67%	12.32%	11.64%	15.19%	19.05%	16.39%
Profit Margin	12.04%	12.99%	14.65%	14.93%	15.78%	14.97%
Free Cash Flow Margin	-9.87%	-8.97%	7.25%	14.51%	0.02%	-15.80%
EBITDA	149.34	147.56	131.52	158.28	196.09	135.29
EBITDA Margin	18.54%	19.14%	18.54%	21.52%	23.62%	21.67%
D&A For EBITDA	55.36	52.6	48.93	46.54	37.95	32.96
EBIT	93.98	94.95	82.59	111.74	158.14	102.34
EBIT Margin	11.67%	12.32%	11.64%	15.19%	19.05%	16.39%
Effective Tax Rate	15.01%	13.93%	12.61%	11.72%	13.78%	12.57%
Revenue as Reported	805.4	770.85	709.37	735.67	830.26	-
Advertising Expenses	-	4.77	2.69	0.15	-	-

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