Shanghai Zhongchen Electronic Technology Co.,Ltd. (SHA:603275)

SHA:603275 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	675.98	594.27	526.42	612.31	617.43
Other Revenue	-	22.08	9.49	8.15	8.4
Revenue	675.98	616.35	535.91	620.46	625.84
Revenue Growth (YoY)	9.68%	15.01%	-13.63%	-0.86%	39.14%
Cost of Revenue	397.27	356.06	318	353.55	343.14
Gross Profit	278.71	260.29	217.92	266.91	282.69
Selling, General & Admin	63.54	53.55	49.06	50.72	45.55
Research & Development	36.53	30.54	25.22	29.11	26.3
Other Operating Expenses	-22.56	-22.6	-18.63	-21.57	-13.03
Operating Expenses	77.51	63.77	59.56	60.77	67.92
Operating Income	201.2	196.52	158.36	206.13	214.77
Interest Expense	-	-0.09	-0.46	-0.4	-0.55
Interest & Investment Income	6.35	18.79	3.26	3.33	3.01
Other Non Operating Income (Expenses)	15.3	-0.04	-0.01	-0.02	-0.25
EBT Excluding Unusual Items	222.86	215.17	161.14	209.04	216.98
Gain (Loss) on Sale of Investments	28.13	2.99	2.83	3.86	-
Gain (Loss) on Sale of Assets	-0.11	0.03	0.07	0.08	-
Asset Writedown	-5.2	-	-	-0.05	-15.27
Legal Settlements	-	-0.36	-	-	-
Other Unusual Items	-	3.93	9.46	14.83	8.63
Pretax Income	245.67	221.76	173.5	227.76	210.34
Income Tax Expense	31.18	29.56	23.1	30.34	29.49
Earnings From Continuing Operations	214.49	192.2	150.41	197.42	180.85
Minority Interest in Earnings	0.37	-	-0.04	-0.61	0.11
Net Income	214.86	192.2	150.36	196.81	180.96
Net Income to Common	214.86	192.2	150.36	196.81	180.96
Net Income Growth	11.79%	27.82%	-23.60%	8.76%	49.61%
Shares Outstanding (Basic)	148	124	111	111	102
Shares Outstanding (Diluted)	148	124	111	111	102
Shares Change (YoY)	19.50%	11.33%	0.17%	9.37%	1.70%
EPS (Basic)	1.45	1.55	1.35	1.77	1.78
EPS (Diluted)	1.45	1.55	1.35	1.77	1.78
EPS Growth	-6.45%	14.82%	-23.73%	-0.56%	47.11%
Free Cash Flow	49.51	60.3	83.92	98.38	153.07
Free Cash Flow Per Share	0.33	0.49	0.75	0.89	1.51
Dividend Per Share	-	0.140	-	-	-
Gross Margin	41.23%	42.23%	40.66%	43.02%	45.17%
Operating Margin	29.76%	31.88%	29.55%	33.22%	34.32%
Profit Margin	31.79%	31.18%	28.06%	31.72%	28.92%
Free Cash Flow Margin	7.32%	9.78%	15.66%	15.86%	24.46%
EBITDA	213.83	203.88	165.63	213.71	223.35
EBITDA Margin	31.63%	33.08%	30.90%	34.44%	35.69%
D&A For EBITDA	12.63	7.36	7.27	7.58	8.58
EBIT	201.2	196.52	158.36	206.13	214.77
EBIT Margin	29.76%	31.88%	29.55%	33.22%	34.32%
Effective Tax Rate	12.69%	13.33%	13.31%	13.32%	14.02%
Revenue as Reported	-	616.35	535.91	620.46	625.84
Advertising Expenses	-	0.23	0.16	0.41	0.48

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