Zhengzhou Suda Industry Machinery Service Co., Ltd. (SHE:001277)

SHE:001277 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2018
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2018
Operating Revenue	1,050	1,163	1,250	1,073	818	628.28
Other Revenue	4.26	4.26	3.52	2.92	4.25	1.25
Revenue	1,054	1,167	1,253	1,076	822.25	629.53
Revenue Growth (YoY)	-14.76%	-6.89%	16.45%	30.89%	30.61%	39.91%
Cost of Revenue	812.74	893.19	919.18	823.51	601.03	389.96
Gross Profit	241.24	273.8	334.17	252.75	221.22	239.58
Selling, General & Admin	87.68	85.42	97.05	76.24	74.09	70.81
Research & Development	21.06	19.21	20.01	10.87	7.07	14.47
Other Operating Expenses	-13.06	-9.29	9.48	4.11	0.96	5.47
Operating Expenses	104.01	110.89	134.16	106.58	85.71	106.24
Operating Income	137.23	162.91	200.01	146.18	135.5	133.33
Interest Expense	-3.6	-5.01	-7.86	-7.42	-0.7	-
Interest & Investment Income	1.52	1.62	3.19	4.3	1.39	1.38
Other Non Operating Income (Expenses)	9.65	7.82	-4.17	-2.04	-1.33	-0.12
EBT Excluding Unusual Items	144.8	167.33	191.17	141.02	134.85	134.58
Gain (Loss) on Sale of Investments	0.57	0.89	-	-	-	-
Gain (Loss) on Sale of Assets	1.09	1.13	13.37	0.37	0.47	-0.08
Asset Writedown	-1.93	-0.4	-0.12	-0.23	-1.44	-0.11
Other Unusual Items	1.77	1.77	-0.47	-0.75	1.17	-0.38
Pretax Income	146.29	170.72	203.95	140.41	135.06	134.01
Income Tax Expense	23.81	28.79	41.56	35.5	32.97	29.78
Earnings From Continuing Operations	122.48	141.94	162.39	104.92	102.08	104.24
Minority Interest in Earnings	-2.48	-1.61	-0.06	-	-	0.2
Net Income	120	140.32	162.33	104.92	102.08	104.44
Net Income to Common	120	140.32	162.33	104.92	102.08	104.44
Net Income Growth	-24.92%	-13.55%	54.72%	2.77%	-2.26%	38.72%
Shares Outstanding (Basic)	69	63	57	57	57	54
Shares Outstanding (Diluted)	69	63	57	57	57	54
Shares Change (YoY)	20.45%	10.98%	-0.07%	-	4.79%	0.43%
EPS (Basic)	1.75	2.22	2.85	1.84	1.79	1.92
EPS (Diluted)	1.75	2.22	2.85	1.84	1.79	1.92
EPS Growth	-37.67%	-22.11%	54.89%	2.79%	-6.77%	38.13%
Free Cash Flow	14.84	57.56	127.02	-48.05	-63.71	48.39
Free Cash Flow Per Share	0.22	0.91	2.23	-0.84	-1.12	0.89
Dividend Per Share	0.554	0.554	-	-	-	0.600
Dividend Growth	-	-	-	-	-	50.00%
Gross Margin	22.89%	23.46%	26.66%	23.48%	26.90%	38.06%
Operating Margin	13.02%	13.96%	15.96%	13.58%	16.48%	21.18%
Profit Margin	11.39%	12.02%	12.95%	9.75%	12.41%	16.59%
Free Cash Flow Margin	1.41%	4.93%	10.13%	-4.46%	-7.75%	7.69%
EBITDA	172.12	196.6	228.9	172.63	148.59	137.64
EBITDA Margin	16.33%	16.85%	18.26%	16.04%	18.07%	21.86%
D&A For EBITDA	34.89	33.69	28.9	26.45	13.08	4.31
EBIT	137.23	162.91	200.01	146.18	135.5	133.33
EBIT Margin	13.02%	13.96%	15.96%	13.58%	16.48%	21.18%
Effective Tax Rate	16.28%	16.86%	20.38%	25.28%	24.41%	22.22%
Revenue as Reported	1,054	1,167	1,253	-	-	-
Advertising Expenses	-	0.58	2.53	-	-	-

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