Longyan Zhuoyue New Energy Co., Ltd. (SHA:688196)

SHA:688196 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	3,374	3,533	2,794	4,329	3,063	1,591
Other Revenue	30.09	30.09	17.44	16.26	20.81	7.86
Revenue	3,404	3,563	2,812	4,345	3,083	1,598
Revenue Growth (YoY)	22.26%	26.73%	-35.29%	40.91%	92.91%	23.47%
Cost of Revenue	3,165	3,330	2,619	3,875	2,756	1,353
Gross Profit	238.19	233.25	193.21	470.05	327.42	245.39
Selling, General & Admin	127.96	133.11	88.61	61.99	49.65	34.99
Research & Development	114.18	120.65	149.01	200.66	126.14	72.96
Other Operating Expenses	-141.9	-119.22	-113.36	-196.12	-159.79	-75.77
Operating Expenses	100.29	134.47	124.31	66.55	15.99	32.17
Operating Income	137.9	98.78	68.9	403.51	311.43	213.22
Interest Expense	-15.22	-12.65	-8.89	-2.31	-0.88	-0.05
Interest & Investment Income	34.09	34.01	43	35	42.29	48.15
Currency Exchange Gain (Loss)	22.77	22.77	8.77	44.15	-8.51	-23.43
Other Non Operating Income (Expenses)	-3.27	-0.7	-0.38	-0.57	-0.51	-0.44
EBT Excluding Unusual Items	176.27	142.21	111.4	479.79	343.82	237.45
Gain (Loss) on Sale of Investments	-	0.74	-43.8	-50.5	4.55	8.91
Gain (Loss) on Sale of Assets	-0.08	-0.08	-0.57	-0.03	0.05	-0.07
Asset Writedown	-2.75	-2.75	-0.73	-0.13	-	-
Other Unusual Items	12.07	12.13	10.56	18.29	13.21	2.69
Pretax Income	185.5	152.24	76.84	447.41	361.64	248.97
Income Tax Expense	4.19	3.22	-1.77	-4.31	16.88	6.75
Net Income	181.3	149.02	78.61	451.73	344.76	242.22
Net Income to Common	181.3	149.02	78.61	451.73	344.76	242.22
Net Income Growth	397.57%	89.56%	-82.60%	31.03%	42.33%	12.37%
Shares Outstanding (Basic)	120	120	119	120	120	120
Shares Outstanding (Diluted)	120	120	119	120	120	120
Shares Change (YoY)	0.69%	0.90%	-0.86%	0.01%	0.18%	29.61%
EPS (Basic)	1.51	1.24	0.66	3.76	2.87	2.02
EPS (Diluted)	1.51	1.24	0.66	3.76	2.87	2.02
EPS Growth	394.18%	87.88%	-82.45%	31.01%	42.08%	-13.30%
Free Cash Flow	-107.57	-122.66	-435.85	566.74	-172.59	61.97
Free Cash Flow Per Share	-0.90	-1.02	-3.66	4.72	-1.44	0.52
Dividend Per Share	0.500	0.500	0.270	1.550	1.150	0.820
Dividend Growth	85.19%	85.19%	-82.58%	34.78%	40.24%	13.89%
Gross Margin	7.00%	6.55%	6.87%	10.82%	10.62%	15.35%
Operating Margin	4.05%	2.77%	2.45%	9.29%	10.10%	13.34%
Profit Margin	5.33%	4.18%	2.80%	10.40%	11.18%	15.15%
Free Cash Flow Margin	-3.16%	-3.44%	-15.50%	13.04%	-5.60%	3.88%
EBITDA	207.92	168.58	137.81	458.75	356.71	240.4
EBITDA Margin	6.11%	4.73%	4.90%	10.56%	11.57%	15.04%
D&A For EBITDA	70.02	69.8	68.91	55.24	45.28	27.19
EBIT	137.9	98.78	68.9	403.51	311.43	213.22
EBIT Margin	4.05%	2.77%	2.45%	9.29%	10.10%	13.34%
Effective Tax Rate	2.26%	2.11%	-	-	4.67%	2.71%
Revenue as Reported	3,404	3,563	2,812	4,345	3,083	1,598
Advertising Expenses	-	-	-	-	-	0.01

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