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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	752.54	764.2	662.95	630.46	540.08	409.96
Other Revenue	1.08	0.98	0.62	0.54	0.73	0.59
Revenue	753.62	765.18	663.56	631	540.81	410.55
Revenue Growth (YoY)	3.38%	15.31%	5.16%	16.68%	31.73%	6.71%
Cost of Revenue	581.92	579.47	489.28	430.1	355.02	266.49
Gross Profit	171.7	185.72	174.28	200.9	185.78	144.06
Selling, General & Admin	116.92	114.26	110.7	104.67	85.24	63.89
Research & Development	44.52	45.75	42.52	35.24	32.46	23.85
Other Operating Expenses	-10.09	-3.64	-3.96	-4.39	-2.74	0.67
Operating Expenses	154.23	157.84	151.48	139.7	117.1	90.22
Operating Income	17.48	27.88	22.8	61.2	68.69	53.84
Interest Expense	-4.96	-4.99	-3.38	-1.1	-0.31	-1.45
Interest & Investment Income	1.11	1.2	1.32	1.76	5.91	2.16
Currency Exchange Gain (Loss)	-0.12	-0.85	0.02	0.3	-0.1	-0.05
Other Non Operating Income (Expenses)	0.42	-0.93	1.92	-5.2	-1.66	-0.14
EBT Excluding Unusual Items	13.93	22.31	22.68	56.96	72.53	54.36
Impairment of Goodwill	-4.56	-4.55	-2.68	-0.15	-	-
Gain (Loss) on Sale of Assets	1.41	1.69	-0.34	-0.06	-0.02	0.1
Other Unusual Items	11.57	7.59	9.29	9.49	9.36	5.76
Pretax Income	22.34	27.05	28.94	66.24	81.87	60.22
Income Tax Expense	-0.59	1.22	-1.19	7.12	8.86	6.99
Earnings From Continuing Operations	22.94	25.83	30.13	59.12	73.01	53.23
Minority Interest in Earnings	-	-	-0.69	0.61	-	-
Net Income	22.94	25.83	29.44	59.73	73.01	53.23
Net Income to Common	22.94	25.83	29.44	59.73	73.01	53.23
Net Income Growth	6.58%	-12.27%	-50.71%	-18.19%	37.14%	16.75%
Shares Outstanding (Basic)	109	106	106	105	106	86
Shares Outstanding (Diluted)	109	106	106	105	106	86
Shares Change (YoY)	3.57%	0.63%	0.19%	-0.49%	22.91%	9.03%
EPS (Basic)	0.21	0.24	0.28	0.57	0.69	0.62
EPS (Diluted)	0.21	0.24	0.28	0.57	0.69	0.62
EPS Growth	2.90%	-12.81%	-50.80%	-17.79%	11.58%	7.08%
Free Cash Flow	-7.25	-2.36	-85.93	-69.1	-129.77	-17.31
Free Cash Flow Per Share	-0.07	-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	22.78%	24.27%	26.26%	31.84%	34.35%	35.09%
Operating Margin	2.32%	3.64%	3.44%	9.70%	12.70%	13.11%
Profit Margin	3.04%	3.38%	4.44%	9.47%	13.50%	12.97%
Free Cash Flow Margin	-0.96%	-0.31%	-12.95%	-10.95%	-24.00%	-4.22%
EBITDA	73.51	78.85	72.81	97.45	87.09	70.44
EBITDA Margin	9.75%	10.30%	10.97%	15.44%	16.10%	17.16%
D&A For EBITDA	56.03	50.97	50.01	36.25	18.41	16.6
EBIT	17.48	27.88	22.8	61.2	68.69	53.84
EBIT Margin	2.32%	3.64%	3.44%	9.70%	12.70%	13.11%
Effective Tax Rate	-	4.51%	-	10.74%	10.83%	11.61%
Revenue as Reported	753.62	765.18	663.56	631	540.81	410.55

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