Zhejiang Bofay Electric Co., Ltd. (SHE:001255)

Zhejiang Bofay Electric 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	420.89	340.21	310.9	351.73	378.72	322.45
Other Revenue	0.84	0.84	0.71	1.8	2.83	3.4
Revenue	421.73	341.06	311.61	353.53	381.55	325.85
Revenue Growth (YoY)	36.17%	9.45%	-11.86%	-7.34%	17.09%	67.20%
Cost of Revenue	301.48	256.11	216.78	225.52	240.73	162.24
Gross Profit	120.25	84.95	94.83	128.01	140.81	163.61
Selling, General & Admin	66.02	44.26	38.07	26.6	23.77	25.05
Research & Development	34.33	25.74	25.11	23.75	21.58	22.2
Other Operating Expenses	4.64	1.56	0.78	1.68	3.41	3.53
Operating Expenses	107.56	72.44	62.02	53.74	53.52	52.43
Operating Income	12.69	12.51	32.81	74.27	87.29	111.19
Interest Expense	-4.06	-1.55	-0.57	-3.74	-4.04	-5.92
Interest & Investment Income	0.21	0.38	3.64	1.11	0.96	0.55
Other Non Operating Income (Expenses)	-2.73	-0.55	0.64	-0.78	-0.2	1.39
EBT Excluding Unusual Items	6.1	10.78	36.52	70.86	84.01	107.21
Impairment of Goodwill	-	-	-5.02	-	-	-
Gain (Loss) on Sale of Investments	-1.29	-1.72	-1.16	-3.61	-	-
Gain (Loss) on Sale of Assets	-0.57	0.03	0.05	0.04	1.12	0.05
Asset Writedown	-1.43	-	-	-	-	-3.5
Other Unusual Items	5.3	5.3	6.64	12.06	7.25	2.43
Pretax Income	8.1	14.38	37.03	79.34	92.38	106.18
Income Tax Expense	3.52	1.25	3.64	7.68	10.94	14.18
Earnings From Continuing Operations	4.59	13.13	33.39	71.66	81.45	92.01
Minority Interest in Earnings	3.45	0.11	-0.4	-2.36	-5.44	-4.76
Net Income	8.04	13.24	32.99	69.3	76.01	87.25
Net Income to Common	8.04	13.24	32.99	69.3	76.01	87.25
Net Income Growth	642.26%	-59.87%	-52.40%	-8.82%	-12.88%	138.02%
Shares Outstanding (Basic)	77	78	80	65	60	55
Shares Outstanding (Diluted)	77	78	80	65	60	55
Shares Change (YoY)	-3.69%	-3.23%	24.23%	8.22%	8.28%	2.93%
EPS (Basic)	0.10	0.17	0.41	1.07	1.27	1.58
EPS (Diluted)	0.10	0.17	0.41	1.07	1.27	1.57
EPS Growth	670.73%	-58.54%	-61.68%	-15.75%	-19.11%	130.88%
Free Cash Flow	-186.73	-138.07	-90.13	-60.24	-6.62	108.7
Free Cash Flow Per Share	-2.42	-1.77	-1.12	-0.93	-0.11	1.97
Dividend Per Share	0.040	0.040	0.086	0.260	-	-
Dividend Growth	-53.49%	-53.49%	-66.92%	-	-	-
Gross Margin	28.51%	24.91%	30.43%	36.21%	36.91%	50.21%
Operating Margin	3.01%	3.67%	10.53%	21.01%	22.88%	34.12%
Profit Margin	1.91%	3.88%	10.59%	19.60%	19.92%	26.77%
Free Cash Flow Margin	-44.28%	-40.48%	-28.92%	-17.04%	-1.74%	33.36%
EBITDA	41.89	34.59	45.39	83.29	96.24	120.37
EBITDA Margin	9.93%	10.14%	14.57%	23.56%	25.22%	36.94%
D&A For EBITDA	29.2	22.08	12.58	9.02	8.95	9.18
EBIT	12.69	12.51	32.81	74.27	87.29	111.19
EBIT Margin	3.01%	3.67%	10.53%	21.01%	22.88%	34.12%
Effective Tax Rate	43.39%	8.70%	9.84%	9.68%	11.84%	13.35%
Revenue as Reported	421.73	341.06	311.61	353.53	381.55	325.85
Advertising Expenses	-	0.74	0.81	0.29	0.08	-

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