Zhejiang Power New Energy Co., Ltd. (SHA:688184)
China · Delayed Price · Currency is CNY 12.86
+0.67 (5.50%)
Apr 28, 2026, 4:00 PM EDT
Zhejiang Power New Energy Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 815.76 | 690.34 | 940.24 | 937.95 | 1,635 | 861.74 |
Other Revenue | - | - | 8.33 | 16.32 | 21.62 | 4.47 |
| 815.76 | 690.34 | 948.57 | 954.27 | 1,656 | 866.21 | |
Revenue Growth (YoY) | 9.50% | -27.22% | -0.60% | -42.38% | 91.21% | 49.60% |
Cost of Revenue | 936.79 | 761.78 | 1,342 | 1,191 | 1,457 | 728.85 |
Gross Profit | -121.03 | -71.44 | -393.61 | -237.03 | 199.47 | 137.37 |
Selling, General & Admin | 81.61 | 86.58 | 54.37 | 46.32 | 36.99 | 27.1 |
Research & Development | 21.96 | 29.12 | 83.94 | 50.77 | 52.9 | 32.07 |
Other Operating Expenses | -27.02 | -5.48 | -3.1 | -7.6 | 3.81 | 2.51 |
Operating Expenses | 76.55 | 110.22 | 137.3 | 92.4 | 93.25 | 60.43 |
Operating Income | -197.58 | -181.66 | -530.91 | -329.43 | 106.22 | 76.94 |
Interest Expense | - | - | -1.02 | -0.17 | -0.07 | -0.91 |
Interest & Investment Income | 4.7 | 4.7 | 8.38 | 29.01 | 9.21 | 4.65 |
Other Non Operating Income (Expenses) | -22.79 | -24.49 | -0.27 | 0.99 | -0.44 | 1.65 |
EBT Excluding Unusual Items | -215.67 | -201.45 | -523.82 | -299.59 | 114.92 | 82.33 |
Gain (Loss) on Sale of Investments | -0.05 | - | - | - | - | -1.16 |
Gain (Loss) on Sale of Assets | -7.35 | -5.33 | - | - | -0.63 | -1.38 |
Asset Writedown | -395.14 | -491.49 | -207.18 | - | - | -0.07 |
Other Unusual Items | - | - | 5.26 | 2.41 | 46.78 | 12.04 |
Pretax Income | -618.21 | -698.26 | -725.73 | -297.18 | 161.08 | 91.77 |
Income Tax Expense | 4.08 | 0.2 | 0.77 | -49.54 | 15.29 | 8.21 |
Net Income | -622.29 | -698.47 | -726.5 | -247.64 | 145.79 | 83.56 |
Net Income to Common | -622.29 | -698.47 | -726.5 | -247.64 | 145.79 | 83.56 |
Net Income Growth | - | - | - | - | 74.49% | 103.87% |
Shares Outstanding (Basic) | 158 | 160 | 159 | 135 | 131 | 107 |
Shares Outstanding (Diluted) | 158 | 160 | 159 | 135 | 131 | 107 |
Shares Change (YoY) | 57.44% | 0.99% | 17.86% | 2.47% | 23.13% | 23.76% |
EPS (Basic) | -3.94 | -4.36 | -4.58 | -1.84 | 1.11 | 0.78 |
EPS (Diluted) | -3.94 | -4.36 | -4.58 | -1.84 | 1.11 | 0.78 |
EPS Growth | - | - | - | - | 41.71% | 64.91% |
Free Cash Flow | -332.97 | -483.44 | -723.42 | -309.81 | -375.28 | -526.42 |
Free Cash Flow Per Share | -2.11 | -3.02 | -4.56 | -2.30 | -2.86 | -4.93 |
Dividend Per Share | - | - | - | - | 0.275 | - |
Gross Margin | -14.84% | -10.35% | -41.49% | -24.84% | 12.04% | 15.86% |
Operating Margin | -24.22% | -26.31% | -55.97% | -34.52% | 6.41% | 8.88% |
Profit Margin | -76.28% | -101.18% | -76.59% | -25.95% | 8.80% | 9.65% |
Free Cash Flow Margin | -40.82% | -70.03% | -76.26% | -32.47% | -22.66% | -60.77% |
EBITDA | -98.89 | -78.27 | -408.71 | -250.04 | 171.26 | 108.65 |
EBITDA Margin | -12.12% | -11.34% | -43.09% | -26.20% | 10.34% | 12.54% |
D&A For EBITDA | 98.69 | 103.39 | 122.2 | 79.39 | 65.05 | 31.71 |
EBIT | -197.58 | -181.66 | -530.91 | -329.43 | 106.22 | 76.94 |
EBIT Margin | -24.22% | -26.31% | -55.97% | -34.52% | 6.41% | 8.88% |
Effective Tax Rate | - | - | - | - | 9.49% | 8.95% |
Revenue as Reported | - | - | 948.57 | 954.27 | 1,656 | 866.21 |
Advertising Expenses | - | - | 0.44 | 0.18 | 0.38 | 0.24 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.