Changzheng Engineering Technology Co.,Ltd (SHA:603698)

SHA:603698 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	4,015	3,405	2,802	2,501	2,405	2,049
Other Revenue	4.48	4.48	5.5	5.03	27.05	21.82
Revenue	4,020	3,410	2,807	2,506	2,432	2,071
Revenue Growth (YoY)	58.90%	21.45%	12.02%	3.07%	17.44%	16.55%
Cost of Revenue	3,264	2,731	2,205	1,996	2,072	1,633
Gross Profit	755.5	678.61	602.43	510.19	359.65	437.54
Selling, General & Admin	266.57	247.38	180.83	167.69	165.96	155.11
Research & Development	267	246.68	161.04	128.64	157.88	111.21
Other Operating Expenses	0.63	7.14	11.01	14.81	16.5	17.58
Operating Expenses	489.33	488.85	463.66	362.68	315.69	273.81
Operating Income	266.17	189.76	138.77	147.51	43.96	163.73
Interest Expense	-17.18	-10.3	-	-0.29	-	-
Interest & Investment Income	80.11	77.75	47.71	21.52	43.08	27.45
Other Non Operating Income (Expenses)	-3.78	-4.03	-0.92	-1.54	-0.03	-0.15
EBT Excluding Unusual Items	325.33	253.18	185.56	167.2	87.01	191.02
Gain (Loss) on Sale of Assets	-	-	-	-0	8.33	-0.07
Other Unusual Items	13.31	13.3	7.96	8.32	63.47	3.97
Pretax Income	319.45	266.48	193.52	175.52	158.82	194.92
Income Tax Expense	43.96	38.65	6.37	8.42	3.32	15.58
Earnings From Continuing Operations	275.49	227.83	187.16	167.1	155.5	179.33
Minority Interest in Earnings	-65.25	-38.62	-	-	-	-
Net Income	210.24	189.21	187.16	167.1	155.5	179.33
Net Income to Common	210.24	189.21	187.16	167.1	155.5	179.33
Net Income Growth	26.04%	1.09%	12.00%	7.46%	-13.29%	15.47%
Shares Outstanding (Basic)	521	541	535	539	536	543
Shares Outstanding (Diluted)	521	541	535	539	536	543
Shares Change (YoY)	-6.38%	1.09%	-0.80%	0.53%	-1.33%	1.47%
EPS (Basic)	0.40	0.35	0.35	0.31	0.29	0.33
EPS (Diluted)	0.40	0.35	0.35	0.31	0.29	0.33
EPS Growth	34.62%	-	12.90%	6.90%	-12.12%	13.79%
Free Cash Flow	523.67	138.9	245.08	378.27	265.9	250.08
Free Cash Flow Per Share	1.00	0.26	0.46	0.70	0.50	0.46
Dividend Per Share	0.108	0.108	0.105	0.098	0.088	0.101
Dividend Growth	2.86%	2.86%	7.14%	11.36%	-12.87%	16.09%
Gross Margin	18.80%	19.90%	21.46%	20.36%	14.79%	21.13%
Operating Margin	6.62%	5.56%	4.94%	5.89%	1.81%	7.91%
Profit Margin	5.23%	5.55%	6.67%	6.67%	6.40%	8.66%
Free Cash Flow Margin	13.03%	4.07%	8.73%	15.09%	10.94%	12.08%
EBITDA	353.74	268.97	184.51	193.38	84.57	207.06
EBITDA Margin	8.80%	7.89%	6.57%	7.72%	3.48%	10.00%
D&A For EBITDA	87.57	79.2	45.74	45.87	40.61	43.34
EBIT	266.17	189.76	138.77	147.51	43.96	163.73
EBIT Margin	6.62%	5.56%	4.94%	5.89%	1.81%	7.91%
Effective Tax Rate	13.76%	14.50%	3.29%	4.80%	2.09%	7.99%
Revenue as Reported	4,020	3,410	2,807	2,506	2,432	2,071
Advertising Expenses	-	3.04	0.84	0.65	0.53	1.56

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