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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	741.13	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	742.11	765.18	663.56	631	540.81	410.55
Revenue Growth (YoY)	9.43%	15.31%	5.16%	16.68%	31.73%	6.71%
Cost of Revenue	561.53	579.47	489.28	430.1	355.02	266.49
Gross Profit	180.58	185.72	174.28	200.9	185.78	144.06
Selling, General & Admin	114.09	114.26	110.7	104.67	85.24	63.89
Research & Development	43.84	45.75	42.52	35.24	32.46	23.85
Other Operating Expenses	-7.98	-3.64	-3.96	-4.39	-2.74	0.67
Operating Expenses	151.08	157.84	151.48	139.7	117.1	90.22
Operating Income	29.5	27.88	22.8	61.2	68.69	53.84
Interest Expense	-5.08	-4.99	-3.38	-1.1	-0.31	-1.45
Interest & Investment Income	1.16	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)	-0.95	-0.93	1.92	-5.2	-1.66	-0.14
EBT Excluding Unusual Items	23.79	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	2.08	1.69	-0.34	-0.06	-0.02	0.1
Asset Writedown	-2.4	-	-	-	-	-
Other Unusual Items	7.51	7.59	9.29	9.49	9.36	5.76
Pretax Income	26.43	27.05	28.94	66.24	81.87	60.22
Income Tax Expense	1.29	1.22	-1.19	7.12	8.86	6.99
Earnings From Continuing Operations	25.14	25.83	30.13	59.12	73.01	53.23
Minority Interest in Earnings	-	-	-0.69	0.61	-	-
Net Income	25.14	25.83	29.44	59.73	73.01	53.23
Net Income to Common	25.14	25.83	29.44	59.73	73.01	53.23
Net Income Growth	10.10%	-12.27%	-50.71%	-18.19%	37.14%	16.75%
Shares Outstanding (Basic)	107	106	106	105	106	86
Shares Outstanding (Diluted)	107	106	106	105	106	86
Shares Change (YoY)	3.32%	0.63%	0.19%	-0.49%	22.91%	9.03%
EPS (Basic)	0.24	0.24	0.28	0.57	0.69	0.62
EPS (Diluted)	0.24	0.24	0.28	0.57	0.69	0.62
EPS Growth	6.56%	-12.81%	-50.80%	-17.79%	11.58%	7.08%
Free Cash Flow	-35.87	-2.36	-85.93	-69.1	-129.77	-17.31
Free Cash Flow Per Share	-0.34	-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	24.33%	24.27%	26.26%	31.84%	34.35%	35.09%
Operating Margin	3.98%	3.64%	3.44%	9.70%	12.70%	13.11%
Profit Margin	3.39%	3.38%	4.44%	9.47%	13.50%	12.97%
Free Cash Flow Margin	-4.83%	-0.31%	-12.95%	-10.95%	-24.00%	-4.22%
EBITDA	80.72	78.85	72.81	97.45	87.09	70.44
EBITDA Margin	10.88%	10.30%	10.97%	15.44%	16.10%	17.16%
D&A For EBITDA	51.22	50.97	50.01	36.25	18.41	16.6
EBIT	29.5	27.88	22.8	61.2	68.69	53.84
EBIT Margin	3.98%	3.64%	3.44%	9.70%	12.70%	13.11%
Effective Tax Rate	4.90%	4.51%	-	10.74%	10.83%	11.61%
Revenue as Reported	742.11	765.18	663.56	631	540.81	410.55

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