Chongqing Zaisheng Technology Co., Ltd. (SHA:603601)

SHA:603601 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	1,425	1,441	1,630	1,590	1,596	1,884
Other Revenue	34.86	34.86	25.75	28.09	29.45	-
Revenue	1,460	1,476	1,656	1,618	1,625	1,884
Revenue Growth (YoY)	-9.78%	-10.87%	2.30%	-0.44%	-13.73%	50.47%
Cost of Revenue	1,127	1,152	1,298	1,201	1,123	1,167
Gross Profit	333.01	323.5	357.59	417.15	502.77	717.13
Selling, General & Admin	138.14	135.22	166.22	174.26	150.87	155.98
Research & Development	92.65	88.81	91.44	107.14	89.51	72.9
Other Operating Expenses	-3.01	-4.52	8.74	-22.69	4.74	19.16
Operating Expenses	236.62	230.72	285.19	255.91	254.62	262.73
Operating Income	96.39	92.77	72.4	161.25	248.15	454.4
Interest Expense	-22.07	-22.61	-29.15	-12.34	-9.9	-11.07
Interest & Investment Income	27.28	29.26	6.51	16.32	11.8	9.91
Currency Exchange Gain (Loss)	4	4	4.15	7.14	-4.46	-
Other Non Operating Income (Expenses)	2.4	0.6	-5.75	-0.72	-1.93	-5.45
EBT Excluding Unusual Items	107.99	104.03	48.15	171.65	243.67	447.78
Impairment of Goodwill	-	-	-2.56	-17.52	-	-
Gain (Loss) on Sale of Investments	-0.11	-0.16	0.08	-0.47	-0.04	1.54
Gain (Loss) on Sale of Assets	0.19	0.12	-0.67	0.01	-0.19	0.75
Asset Writedown	-2.23	-2.23	-9.15	-	-1.25	0.65
Other Unusual Items	26.5	26.45	20.15	1.45	29.41	19.93
Pretax Income	132.35	128.22	56	155.12	271.61	470.66
Income Tax Expense	26.27	23.4	9.5	0.42	18.97	76.11
Earnings From Continuing Operations	106.08	104.82	46.5	154.69	252.64	394.55
Minority Interest in Earnings	-14.13	-14.06	-8.37	-3.62	-1.83	-34.87
Net Income	91.95	90.75	38.13	151.07	250.81	359.68
Net Income to Common	91.95	90.75	38.13	151.07	250.81	359.68
Net Income Growth	147.04%	137.99%	-74.76%	-39.77%	-30.27%	110.41%
Shares Outstanding (Basic)	1,023	1,022	1,020	1,018	1,011	1,000
Shares Outstanding (Diluted)	1,023	1,022	1,020	1,018	1,016	1,013
Shares Change (YoY)	0.29%	0.24%	0.16%	0.21%	0.29%	0.91%
EPS (Basic)	0.09	0.09	0.04	0.15	0.25	0.36
EPS (Diluted)	0.09	0.09	0.04	0.15	0.25	0.36
EPS Growth	146.34%	137.43%	-74.80%	-39.90%	-30.47%	108.51%
Free Cash Flow	151.35	129.01	-57.92	167.7	-10.07	197.06
Free Cash Flow Per Share	0.15	0.13	-0.06	0.17	-0.01	0.20
Dividend Per Share	0.070	0.070	0.030	0.045	0.075	0.143
Dividend Growth	133.33%	133.33%	-33.33%	-40.00%	-47.52%	100.14%
Gross Margin	22.81%	21.92%	21.60%	25.78%	30.93%	38.06%
Operating Margin	6.60%	6.29%	4.37%	9.96%	15.27%	24.12%
Profit Margin	6.30%	6.15%	2.30%	9.34%	15.43%	19.09%
Free Cash Flow Margin	10.37%	8.74%	-3.50%	10.36%	-0.62%	10.46%
EBITDA	219.25	217.67	205.43	279.11	345.06	547.14
EBITDA Margin	15.02%	14.75%	12.41%	17.25%	21.23%	29.04%
D&A For EBITDA	122.86	124.9	133.03	117.86	96.91	92.74
EBIT	96.39	92.77	72.4	161.25	248.15	454.4
EBIT Margin	6.60%	6.29%	4.37%	9.96%	15.27%	24.12%
Effective Tax Rate	19.85%	18.25%	16.97%	0.27%	6.98%	16.17%
Revenue as Reported	1,460	1,476	1,656	1,618	1,625	1,884
Advertising Expenses	-	-	-	4.16	0.6	-

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