Zhe Jiang Headman Machinery Co.,Ltd. (SHA:688577)

SHA:688577 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	827.89	764.2	662.95	630.46	540.08	409.96
Other Revenue	0.98	0.98	0.62	0.54	0.73	0.59
Revenue	828.87	765.18	663.56	631	540.81	410.55
Revenue Growth (YoY)	11.66%	15.31%	5.16%	16.68%	31.73%	6.71%
Cost of Revenue	625.08	579.47	489.28	430.1	355.02	266.49
Gross Profit	203.79	185.72	174.28	200.9	185.78	144.06
Selling, General & Admin	115.55	114.26	110.7	104.67	85.24	63.89
Research & Development	48.63	45.75	42.52	35.24	32.46	23.85
Other Operating Expenses	-12.26	-3.64	-3.96	-4.39	-2.74	0.67
Operating Expenses	152.23	157.84	151.48	139.7	117.1	90.22
Operating Income	51.57	27.88	22.8	61.2	68.69	53.84
Interest Expense	-1.21	-4.99	-3.38	-1.1	-0.31	-1.45
Interest & Investment Income	0.4	1.2	1.32	1.76	5.91	2.16
Currency Exchange Gain (Loss)	-0.85	-0.85	0.02	0.3	-0.1	-0.05
Other Non Operating Income (Expenses)	-4.75	-0.93	1.92	-5.2	-1.66	-0.14
EBT Excluding Unusual Items	45.16	22.31	22.68	56.96	72.53	54.36
Impairment of Goodwill	-4.55	-4.55	-2.68	-0.15	-	-
Gain (Loss) on Sale of Assets	0.92	1.69	-0.34	-0.06	-0.02	0.1
Asset Writedown	-11.33	-	-	-	-	-
Other Unusual Items	8.8	7.59	9.29	9.49	9.36	5.76
Pretax Income	39	27.05	28.94	66.24	81.87	60.22
Income Tax Expense	-0.38	1.22	-1.19	7.12	8.86	6.99
Earnings From Continuing Operations	39.38	25.83	30.13	59.12	73.01	53.23
Minority Interest in Earnings	-	-	-0.69	0.61	-	-
Net Income	39.38	25.83	29.44	59.73	73.01	53.23
Net Income to Common	39.38	25.83	29.44	59.73	73.01	53.23
Net Income Growth	72.15%	-12.27%	-50.71%	-18.19%	37.14%	16.75%
Shares Outstanding (Basic)	110	106	106	105	106	86
Shares Outstanding (Diluted)	110	106	106	105	106	86
Shares Change (YoY)	5.87%	0.63%	0.19%	-0.49%	22.91%	9.03%
EPS (Basic)	0.36	0.24	0.28	0.57	0.69	0.62
EPS (Diluted)	0.36	0.24	0.28	0.57	0.69	0.62
EPS Growth	62.61%	-12.81%	-50.80%	-17.79%	11.58%	7.08%
Free Cash Flow	39.12	-2.36	-85.93	-69.1	-129.77	-17.31
Free Cash Flow Per Share	0.36	-0.02	-0.81	-0.66	-1.22	-0.20
Dividend Per Share	0.429	0.429	0.306	0.153	0.153	0.255
Dividend Growth	40.02%	40.02%	99.94%	-	-39.98%	-
Gross Margin	24.59%	24.27%	26.26%	31.84%	34.35%	35.09%
Operating Margin	6.22%	3.64%	3.44%	9.70%	12.70%	13.11%
Profit Margin	4.75%	3.38%	4.44%	9.47%	13.50%	12.97%
Free Cash Flow Margin	4.72%	-0.31%	-12.95%	-10.95%	-24.00%	-4.22%
EBITDA	103.27	78.85	72.81	97.45	87.09	70.44
EBITDA Margin	12.46%	10.30%	10.97%	15.44%	16.10%	17.16%
D&A For EBITDA	51.7	50.97	50.01	36.25	18.41	16.6
EBIT	51.57	27.88	22.8	61.2	68.69	53.84
EBIT Margin	6.22%	3.64%	3.44%	9.70%	12.70%	13.11%
Effective Tax Rate	-	4.51%	-	10.74%	10.83%	11.61%
Revenue as Reported	221.12	765.18	663.56	631	540.81	410.55

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