Zhejiang E-P Equipment Co., Ltd. (SHA:603194)

Zhejiang E-P Equipment Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,552	5,874	4,945	4,163	2,463
Other Revenue	-	46.68	66.25	43.8	13.43
Revenue	6,552	5,921	5,011	4,206	2,477
Revenue Growth (YoY)	10.66%	18.16%	19.13%	69.84%	14.46%
Cost of Revenue	4,669	4,233	3,681	3,260	1,840
Gross Profit	1,884	1,688	1,330	946.2	636.58
Selling, General & Admin	613.06	542.96	420.1	361.37	285.55
Research & Development	231.89	171.46	144.67	126.19	76.15
Other Operating Expenses	-6.34	10.12	18.32	10.05	6.71
Operating Expenses	872.82	746.56	586.02	517.63	376.73
Operating Income	1,011	941.58	744.19	428.57	259.85
Interest Expense	-20.18	-16.41	-11.22	-6.09	-5.54
Interest & Investment Income	33.86	25.21	16.18	7.07	1.79
Currency Exchange Gain (Loss)	-	36.49	31.34	-16.11	-11.28
Other Non Operating Income (Expenses)	5.43	4.62	-4.66	-5.3	-3.15
EBT Excluding Unusual Items	1,030	991.5	775.83	408.14	241.67
Gain (Loss) on Sale of Investments	-	-3.11	-33.64	1.89	-1.34
Gain (Loss) on Sale of Assets	2.33	-5.45	1.63	-2.78	1.61
Asset Writedown	-23.28	-0.2	-0.05	-1.13	-0.01
Other Unusual Items	-	6.47	9.53	8.15	33.34
Pretax Income	1,009	989.21	753.3	414.27	275.28
Income Tax Expense	152.5	172.29	120.5	60.06	53.56
Earnings From Continuing Operations	856.62	816.93	632.8	354.21	221.71
Minority Interest in Earnings	-16.81	-11.18	-5.8	-1.39	-0.29
Net Income	839.81	805.75	627	352.82	221.42
Net Income to Common	839.81	805.75	627	352.82	221.42
Net Income Growth	4.23%	28.51%	77.71%	59.34%	47.97%
Shares Outstanding (Basic)	340	340	340	318	299
Shares Outstanding (Diluted)	340	340	340	318	299
Shares Change (YoY)	0.00%	-	6.83%	6.37%	-
EPS (Basic)	2.47	2.37	1.84	1.11	0.74
EPS (Diluted)	2.47	2.37	1.84	1.11	0.74
EPS Growth	4.23%	28.80%	65.99%	49.80%	-
Free Cash Flow	-259.5	200.92	208.53	19.76	205.02
Free Cash Flow Per Share	-0.76	0.59	0.61	0.06	0.69
Dividend Per Share	-	-	-	0.120	-
Gross Margin	28.75%	28.51%	26.55%	22.50%	25.70%
Operating Margin	15.43%	15.90%	14.85%	10.19%	10.49%
Profit Margin	12.82%	13.61%	12.51%	8.39%	8.94%
Free Cash Flow Margin	-3.96%	3.39%	4.16%	0.47%	8.28%
EBITDA	1,262	1,061	813.97	478.71	298.58
EBITDA Margin	19.26%	17.92%	16.24%	11.38%	12.06%
D&A For EBITDA	250.95	119.38	69.78	50.14	38.73
EBIT	1,011	941.58	744.19	428.57	259.85
EBIT Margin	15.43%	15.90%	14.85%	10.19%	10.49%
Effective Tax Rate	15.11%	17.42%	16.00%	14.50%	19.46%
Revenue as Reported	6,552	5,921	5,011	4,206	-
Advertising Expenses	-	22.05	19.02	15.89	10.97

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