Zhejiang Baida Precision Manufacturing Corp. (SHA:603331)

SHA:603331 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	1,509	1,494	1,402	1,254	1,188	946.7
Other Revenue	40.96	40.96	36.86	32.97	30.75	20.89
Revenue	1,550	1,535	1,439	1,287	1,218	967.59
Revenue Growth (YoY)	5.68%	6.63%	11.79%	5.66%	25.93%	13.55%
Cost of Revenue	1,252	1,234	1,114	1,047	966.73	730.08
Gross Profit	297.3	300.67	325.46	240.31	251.73	237.51
Selling, General & Admin	128.77	129.26	101.06	84.73	73.61	84.34
Research & Development	48.45	48.77	43.31	45.32	37.42	28.05
Other Operating Expenses	7.4	3.09	12.15	10.72	8.63	6.37
Operating Expenses	189.9	187.68	159.46	141.7	119.93	124.39
Operating Income	107.4	113	165.99	98.61	131.8	113.13
Interest Expense	-38.17	-34.85	-19.1	-32.32	-31.54	-28.4
Interest & Investment Income	2.54	2.93	2.9	1.06	2.29	4.98
Currency Exchange Gain (Loss)	1.43	1.43	4.9	7.63	-5.57	-0.61
Other Non Operating Income (Expenses)	2.41	-0.38	-0.23	-1.45	-0.54	-0.43
EBT Excluding Unusual Items	75.61	82.12	154.47	73.54	96.45	88.66
Gain (Loss) on Sale of Investments	-3.63	-4.13	-7.95	-3.82	1.67	-2.35
Gain (Loss) on Sale of Assets	-0.68	-0.88	-0.64	-0.18	0.52	0.04
Asset Writedown	-82.5	-77.94	-7.36	-0.94	-0.18	-
Other Unusual Items	3.58	3.98	4.69	12.05	9.43	12.34
Pretax Income	-7.62	3.15	143.21	80.64	107.9	98.69
Income Tax Expense	-16.89	-14.54	26.97	15.16	17.12	17.7
Earnings From Continuing Operations	9.27	17.69	116.23	65.48	90.78	80.98
Minority Interest in Earnings	15.59	15.32	2.67	1.88	1.05	0.51
Net Income	24.86	33.02	118.9	67.36	91.83	81.49
Net Income to Common	24.86	33.02	118.9	67.36	91.83	81.49
Net Income Growth	-78.09%	-72.23%	76.53%	-26.65%	12.70%	9.06%
Shares Outstanding (Basic)	201	201	195	177	177	177
Shares Outstanding (Diluted)	201	201	195	177	177	177
Shares Change (YoY)	0.22%	3.35%	9.97%	0.37%	-0.31%	-0.42%
EPS (Basic)	0.12	0.16	0.61	0.38	0.52	0.46
EPS (Diluted)	0.12	0.16	0.61	0.38	0.52	0.46
EPS Growth	-78.82%	-73.77%	60.53%	-26.92%	13.04%	9.52%
Free Cash Flow	-154.61	-328.45	-78.43	37.42	-224.53	-280.02
Free Cash Flow Per Share	-0.77	-1.63	-0.40	0.21	-1.27	-1.58
Dividend Per Share	0.080	0.080	0.200	0.250	0.250	0.200
Dividend Growth	-60.00%	-60.00%	-20.00%	-	25.00%	18.62%
Gross Margin	19.18%	19.59%	22.61%	18.67%	20.66%	24.55%
Operating Margin	6.93%	7.36%	11.53%	7.66%	10.82%	11.69%
Profit Margin	1.60%	2.15%	8.26%	5.23%	7.54%	8.42%
Free Cash Flow Margin	-9.98%	-21.40%	-5.45%	2.91%	-18.43%	-28.94%
EBITDA	236.99	237.47	270.05	200.52	218.75	177.73
EBITDA Margin	15.29%	15.47%	18.76%	15.57%	17.95%	18.37%
D&A For EBITDA	129.58	124.48	104.06	101.91	86.95	64.6
EBIT	107.4	113	165.99	98.61	131.8	113.13
EBIT Margin	6.93%	7.36%	11.53%	7.66%	10.82%	11.69%
Effective Tax Rate	-	-	18.83%	18.80%	15.86%	17.94%
Revenue as Reported	1,550	1,535	1,439	1,287	1,218	967.59

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.