Zhejiang Weigang Technology Co., Ltd. (SHE:001256)

SHE:001256 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	502.04	485.66	414.46	387.91	449.9	378.65
Other Revenue	3.58	3.58	2.09	1.2	1.58	1.43
Revenue	505.62	489.24	416.56	389.11	451.48	380.08
Revenue Growth (YoY)	12.75%	17.45%	7.05%	-13.81%	18.79%	-0.53%
Cost of Revenue	342.58	331.18	283.33	258.4	307.77	249.04
Gross Profit	163.04	158.06	133.23	130.71	143.71	131.03
Selling, General & Admin	57.14	57.54	47.54	38.6	41.57	31.94
Research & Development	34.44	34.63	33.46	20.7	17.7	13.42
Other Operating Expenses	-5.46	-7.35	-3.89	-2.61	-5.68	-5.02
Operating Expenses	85.95	85.03	77.37	56.12	53.73	40.08
Operating Income	77.09	73.02	55.86	74.59	89.98	90.95
Interest Expense	-2.28	-1.26	-0.34	-	-	-
Interest & Investment Income	23.63	24.5	23.65	8.02	7.75	10.71
Currency Exchange Gain (Loss)	0.66	0.66	0.4	-0.16	-0.37	-0.38
Other Non Operating Income (Expenses)	-0.23	-0.31	-0.3	-0.22	0.5	0.38
EBT Excluding Unusual Items	98.87	96.62	79.27	82.23	97.86	101.66
Gain (Loss) on Sale of Investments	0.41	0.6	0.5	-	-	-1.16
Gain (Loss) on Sale of Assets	-	-	-0.02	0.05	-0.24	0.34
Asset Writedown	-0.02	-	-0	-	-0.01	-0.01
Other Unusual Items	6.72	4.8	15.14	9.53	14.4	17.97
Pretax Income	105.97	102.02	94.89	91.81	112	118.81
Income Tax Expense	12.43	11.84	11.62	10.85	15.81	15.74
Net Income	93.54	90.18	83.27	80.96	96.19	103.07
Net Income to Common	93.54	90.18	83.27	80.96	96.19	103.07
Net Income Growth	7.00%	8.30%	2.86%	-15.83%	-6.67%	21.72%
Shares Outstanding (Basic)	142	141	144	109	107	55
Shares Outstanding (Diluted)	142	141	144	109	107	55
Shares Change (YoY)	-1.19%	-1.85%	31.23%	2.36%	92.88%	7.32%
EPS (Basic)	0.66	0.64	0.58	0.74	0.90	1.86
EPS (Diluted)	0.66	0.64	0.58	0.74	0.90	1.86
EPS Growth	8.30%	10.35%	-21.62%	-17.78%	-51.61%	13.41%
Free Cash Flow	62.25	55.41	117.47	28.97	18.93	23.79
Free Cash Flow Per Share	0.44	0.39	0.82	0.27	0.18	0.43
Dividend Per Share	0.200	0.200	0.200	0.170	-	-
Dividend Growth	-	-	17.65%	-	-	-
Gross Margin	32.25%	32.31%	31.98%	33.59%	31.83%	34.48%
Operating Margin	15.25%	14.93%	13.41%	19.17%	19.93%	23.93%
Profit Margin	18.50%	18.43%	19.99%	20.81%	21.31%	27.12%
Free Cash Flow Margin	12.31%	11.33%	28.20%	7.45%	4.19%	6.26%
EBITDA	100.94	95.99	75.29	89.56	96.25	96.64
EBITDA Margin	19.96%	19.62%	18.07%	23.02%	21.32%	25.43%
D&A For EBITDA	23.85	22.97	19.43	14.97	6.27	5.69
EBIT	77.09	73.02	55.86	74.59	89.98	90.95
EBIT Margin	15.25%	14.93%	13.41%	19.17%	19.93%	23.93%
Effective Tax Rate	11.72%	11.60%	12.24%	11.82%	14.12%	13.25%
Revenue as Reported	505.62	489.24	416.56	389.11	451.48	-

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