Zhejiang Int'l Group Co.,Ltd. (SHE:000411)

Zhejiang Int'l Group 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	33,076	33,237	31,909	30,535	26,628	24,953
Other Revenue	115.09	115.09	143.46	84.35	102.82	55.54
Revenue	33,191	33,352	32,052	30,619	26,731	25,008
Revenue Growth (YoY)	1.35%	4.05%	4.68%	14.55%	6.89%	1.66%
Cost of Revenue	30,939	31,056	29,862	28,645	24,989	23,456
Gross Profit	2,251	2,296	2,190	1,974	1,741	1,552
Selling, General & Admin	1,254	1,301	1,255	1,128	1,015	936.73
Research & Development	14.57	12.03	8.83	12.93	8.56	2.02
Other Operating Expenses	75.48	70.73	67.16	59.99	47.3	40.45
Operating Expenses	1,344	1,381	1,342	1,211	1,074	981.95
Operating Income	906.83	915.34	847.8	763.44	667.94	570.2
Interest Expense	-153.85	-159	-167.44	-160.58	-159.76	-139.79
Interest & Investment Income	14.18	18.35	14.31	12.02	17.99	9.67
Other Non Operating Income (Expenses)	10.39	14.94	2.14	0.58	2.74	0.13
EBT Excluding Unusual Items	777.56	789.63	696.81	615.46	528.9	440.22
Impairment of Goodwill	-1.36	-1.36	-1.2	-0.91	-0.91	-0.94
Gain (Loss) on Sale of Investments	-3.45	-3.38	-7.49	-	-	-0.77
Gain (Loss) on Sale of Assets	4.3	4.6	96.9	0.3	11.1	6.62
Asset Writedown	-0.79	-0.25	-0.21	0.2	-0.42	-
Other Unusual Items	18.77	13.61	16.55	11.17	1.94	21.23
Pretax Income	795.02	802.85	801.36	626.21	540.62	466.37
Income Tax Expense	192.49	190.92	212.66	163.26	144.49	123.56
Earnings From Continuing Operations	602.53	611.93	588.7	462.95	396.13	342.81
Minority Interest in Earnings	-83.1	-86.41	-99.97	-250.54	-228.32	-186.06
Net Income	519.43	525.52	488.73	212.41	167.81	156.75
Net Income to Common	519.43	525.52	488.73	212.41	167.81	156.75
Net Income Growth	-1.50%	7.53%	130.09%	26.58%	7.06%	3.74%
Shares Outstanding (Basic)	516	515	448	299	300	299
Shares Outstanding (Diluted)	548	547	474	327	317	299
Shares Change (YoY)	7.22%	15.37%	45.20%	3.21%	6.05%	8.68%
EPS (Basic)	1.01	1.02	1.09	0.71	0.56	0.53
EPS (Diluted)	0.95	0.96	1.03	0.65	0.53	0.53
EPS Growth	-8.13%	-6.80%	58.46%	22.64%	0.95%	-4.54%
Free Cash Flow	-634.52	130.42	256.95	283.81	136.93	153.76
Free Cash Flow Per Share	-1.16	0.24	0.54	0.87	0.43	0.52
Dividend Per Share	0.383	0.383	0.304	0.126	0.167	0.054
Dividend Growth	25.85%	25.85%	141.62%	-24.36%	207.38%	6.69%
Gross Margin	6.78%	6.88%	6.83%	6.45%	6.51%	6.21%
Operating Margin	2.73%	2.74%	2.65%	2.49%	2.50%	2.28%
Profit Margin	1.57%	1.58%	1.52%	0.69%	0.63%	0.63%
Free Cash Flow Margin	-1.91%	0.39%	0.80%	0.93%	0.51%	0.61%
EBITDA	978.98	988.46	924.82	843.12	744.55	645.94
EBITDA Margin	2.95%	2.96%	2.89%	2.75%	2.79%	2.58%
D&A For EBITDA	72.14	73.12	77.02	79.68	76.61	75.73
EBIT	906.83	915.34	847.8	763.44	667.94	570.2
EBIT Margin	2.73%	2.74%	2.65%	2.49%	2.50%	2.28%
Effective Tax Rate	24.21%	23.78%	26.54%	26.07%	26.73%	26.49%
Revenue as Reported	33,191	33,352	32,052	30,619	26,731	25,008

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