Zhenhai Petrochemical Engineering Co., Ltd. (SHA:603637)

SHA:603637 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	486.74	516	583.9	572.95	1,098	1,094
Other Revenue	1.25	1.55	1.54	1.52	1.67	2.13
Revenue	488	517.54	585.44	574.47	1,100	1,096
Revenue Growth (YoY)	-4.94%	-11.60%	1.91%	-47.78%	0.35%	6.12%
Cost of Revenue	358.48	376.85	427.7	413.04	983.77	983.21
Gross Profit	129.52	140.69	157.74	161.43	116.28	113
Selling, General & Admin	36.9	36.7	36.08	31.09	29.89	34.59
Research & Development	33.24	33.52	35.4	34.7	35.28	34.4
Other Operating Expenses	3.28	3.41	3.53	5.9	4.32	-5.71
Operating Expenses	58.05	70.93	79.13	75.23	68.65	65.39
Operating Income	71.46	69.76	78.61	86.21	47.63	47.6
Interest & Investment Income	11.47	25.28	20.2	21.67	31.12	27.41
Currency Exchange Gain (Loss)	0.09	0.01	0.04	0.21	-0.04	-0.18
Other Non Operating Income (Expenses)	-0.17	-0.07	-0.17	-0.65	-0.21	-1.46
EBT Excluding Unusual Items	82.85	94.98	98.68	107.45	78.5	73.38
Gain (Loss) on Sale of Assets	-0.01	-	-0.04	-	-0	0.01
Other Unusual Items	13.14	14.47	14.21	9.84	6.34	-
Pretax Income	95.98	109.45	112.85	117.29	84.83	73.39
Income Tax Expense	10.1	12.21	11.6	14.24	9.94	8.27
Net Income	85.89	97.24	101.25	103.05	74.89	65.12
Net Income to Common	85.89	97.24	101.25	103.05	74.89	65.12
Net Income Growth	-9.44%	-3.97%	-1.75%	37.60%	14.99%	13.26%
Shares Outstanding (Basic)	239	237	241	240	242	241
Shares Outstanding (Diluted)	239	237	241	240	242	241
Shares Change (YoY)	1.00%	-1.62%	0.59%	-0.80%	0.16%	0.67%
EPS (Basic)	0.36	0.41	0.42	0.43	0.31	0.27
EPS (Diluted)	0.36	0.41	0.42	0.43	0.31	0.27
EPS Growth	-10.33%	-2.38%	-2.33%	38.71%	14.82%	12.50%
Free Cash Flow	175.7	46.11	52.21	65.04	191.11	-143.85
Free Cash Flow Per Share	0.74	0.19	0.22	0.27	0.79	-0.60
Dividend Per Share	0.200	0.200	0.130	0.130	0.120	0.150
Dividend Growth	53.85%	53.85%	-	8.33%	-20.00%	4.97%
Gross Margin	26.54%	27.18%	26.94%	28.10%	10.57%	10.31%
Operating Margin	14.64%	13.48%	13.43%	15.01%	4.33%	4.34%
Profit Margin	17.60%	18.79%	17.29%	17.94%	6.81%	5.94%
Free Cash Flow Margin	36.00%	8.91%	8.92%	11.32%	17.37%	-13.12%
EBITDA	78.19	77.41	88.04	95.04	56.61	56.43
EBITDA Margin	16.02%	14.96%	15.04%	16.54%	5.15%	5.15%
D&A For EBITDA	6.72	7.66	9.43	8.83	8.98	8.83
EBIT	71.46	69.76	78.61	86.21	47.63	47.6
EBIT Margin	14.64%	13.48%	13.43%	15.01%	4.33%	4.34%
Effective Tax Rate	10.52%	11.16%	10.28%	12.14%	11.72%	11.27%
Revenue as Reported	488	517.54	585.44	574.47	1,100	1,096

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