China Zhenhua (Group) Science & Technology Co., Ltd (SHE:000733)

SHE:000733 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,219	7,604	7,158	5,559	3,835
Other Revenue	-	185.77	108.98	96.6	114.69
Revenue	5,219	7,789	7,267	5,656	3,950
Revenue Growth (YoY)	-32.99%	7.19%	28.48%	43.20%	7.67%
Cost of Revenue	2,625	3,255	2,838	2,380	1,908
Gross Profit	2,594	4,534	4,429	3,276	2,042
Selling, General & Admin	1,022	1,006	1,051	1,177	790.21
Research & Development	359.38	440.34	516.19	369.82	331.81
Other Operating Expenses	-46.49	55.74	64.81	49.93	-67.62
Operating Expenses	1,335	1,563	1,678	1,591	1,174
Operating Income	1,258	2,971	2,751	1,685	867.61
Interest Expense	-	-43.38	-39.82	-49.05	-55.34
Interest & Investment Income	58.64	53.93	37.39	36.42	37.75
Currency Exchange Gain (Loss)	-	0.45	0.47	0.53	0.15
Other Non Operating Income (Expenses)	-102.95	-8.99	-10.04	12.15	-28.5
EBT Excluding Unusual Items	1,214	2,973	2,739	1,685	821.66
Gain (Loss) on Sale of Investments	2.21	21.61	-23.14	-21.16	22.13
Gain (Loss) on Sale of Assets	0.17	0.96	2.59	1.48	-2.32
Asset Writedown	-105.7	-1.35	-24.33	-11.43	-31.05
Other Unusual Items	-	124.29	58.26	105.36	-81.09
Pretax Income	1,111	3,119	2,753	1,759	729.34
Income Tax Expense	140	435.18	369.35	262.46	126.84
Earnings From Continuing Operations	970.85	2,683	2,383	1,497	602.5
Minority Interest in Earnings	-0.66	-1.3	-0.59	-6.01	3.07
Net Income	970.18	2,682	2,383	1,491	605.57
Net Income to Common	970.18	2,682	2,383	1,491	605.57
Net Income Growth	-63.83%	12.57%	59.81%	146.21%	103.48%
Shares Outstanding (Basic)	554	523	518	515	515
Shares Outstanding (Diluted)	554	523	518	515	515
Shares Change (YoY)	5.92%	0.91%	0.63%	0.05%	-0.00%
EPS (Basic)	1.75	5.13	4.60	2.89	1.18
EPS (Diluted)	1.75	5.13	4.60	2.89	1.18
EPS Growth	-65.85%	11.55%	58.81%	146.08%	103.48%
Free Cash Flow	1,138	767.52	383.06	858.76	-469.52
Free Cash Flow Per Share	2.05	1.47	0.74	1.67	-0.91
Dividend Per Share	-	1.114	1.145	0.300	0.150
Dividend Growth	-	-2.71%	281.67%	100.00%	200.00%
Gross Margin	49.70%	58.21%	60.95%	57.92%	51.70%
Operating Margin	24.11%	38.14%	37.86%	29.79%	21.97%
Profit Margin	18.59%	34.43%	32.79%	26.36%	15.33%
Free Cash Flow Margin	21.81%	9.85%	5.27%	15.18%	-11.89%
EBITDA	1,561	3,223	2,997	1,903	1,061
EBITDA Margin	29.91%	41.38%	41.24%	33.64%	26.85%
D&A For EBITDA	302.66	252.3	245.33	217.6	193.02
EBIT	1,258	2,971	2,751	1,685	867.61
EBIT Margin	24.11%	38.14%	37.86%	29.79%	21.97%
Effective Tax Rate	12.60%	13.96%	13.42%	14.92%	17.39%
Revenue as Reported	-	7,789	7,267	5,656	3,950
Advertising Expenses	-	2.19	1.54	-	0.53

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