Zhejiang Communications Technology Co., Ltd. (SHE:002061)

SHE:002061 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	46,067	45,624	45,613	46,246	45,503	36,153
Other Revenue	2,148	2,148	433.14	338.17	555.26	-
Revenue	48,216	47,772	46,046	46,584	46,058	36,153
Revenue Growth (YoY)	3.37%	3.75%	-1.16%	1.14%	27.40%	32.88%
Cost of Revenue	44,404	44,003	42,345	42,801	42,116	33,309
Gross Profit	3,812	3,769	3,701	3,783	3,942	2,845
Selling, General & Admin	710.55	721.56	683.54	688.78	715.41	525.54
Research & Development	1,188	1,168	1,046	1,070	1,159	793.62
Other Operating Expenses	202.12	174.51	125.86	127.33	109.93	47.14
Operating Expenses	2,217	2,199	1,970	2,035	2,153	1,425
Operating Income	1,595	1,569	1,731	1,749	1,789	1,419
Interest Expense	-455.53	-441.07	-385.62	-504.71	-321.77	-218.14
Interest & Investment Income	444.9	439.38	453.6	757.23	178.74	103.15
Currency Exchange Gain (Loss)	-13.08	-13.08	-0.86	5.98	-18.47	-
Other Non Operating Income (Expenses)	-28.13	-39.13	-37.08	-35.65	-18.03	0.84
EBT Excluding Unusual Items	1,543	1,516	1,761	1,971	1,610	1,305
Gain (Loss) on Sale of Investments	-	-	-	-4.17	4.25	-0.08
Gain (Loss) on Sale of Assets	351.77	350.86	53.89	138.04	-5.83	1.08
Asset Writedown	0.41	0.39	0.57	-1.38	-186.85	-10.02
Other Unusual Items	27.3	17.94	11.23	19.77	21.28	-
Pretax Income	1,923	1,885	1,827	2,124	1,442	1,296
Income Tax Expense	482.26	478.67	360.44	407.64	411.27	315.59
Earnings From Continuing Operations	1,440	1,406	1,466	1,716	1,031	980.64
Earnings From Discontinued Operations	-	-	-	-	-	68.27
Net Income to Company	1,440	1,406	1,466	1,716	1,031	1,049
Minority Interest in Earnings	-95.34	-96.02	-118.7	-162.11	-62.68	-51.49
Net Income	1,345	1,310	1,348	1,554	968.44	997.41
Net Income to Common	1,345	1,310	1,348	1,554	968.44	997.41
Net Income Growth	-2.50%	-2.78%	-13.28%	60.45%	-2.90%	38.06%
Shares Outstanding (Basic)	2,570	2,620	2,591	2,339	1,937	1,913
Shares Outstanding (Diluted)	2,570	2,620	2,591	2,339	2,421	2,252
Shares Change (YoY)	-0.46%	1.10%	10.79%	-3.39%	7.51%	18.02%
EPS (Basic)	0.52	0.50	0.52	0.66	0.50	0.52
EPS (Diluted)	0.52	0.50	0.52	0.66	0.40	0.44
EPS Growth	-2.05%	-3.85%	-21.72%	66.07%	-9.69%	16.98%
Free Cash Flow	740.97	672.21	-370.55	150.06	-763.17	1,315
Free Cash Flow Per Share	0.29	0.26	-0.14	0.06	-0.32	0.58
Dividend Per Share	0.125	0.125	0.125	0.121	0.143	0.086
Dividend Growth	-	-	2.96%	-15.04%	66.74%	-
Gross Margin	7.91%	7.89%	8.04%	8.12%	8.56%	7.87%
Operating Margin	3.31%	3.28%	3.76%	3.75%	3.88%	3.93%
Profit Margin	2.79%	2.74%	2.93%	3.34%	2.10%	2.76%
Free Cash Flow Margin	1.54%	1.41%	-0.80%	0.32%	-1.66%	3.64%
EBITDA	-	2,027	2,185	2,161	2,378	1,996
EBITDA Margin	-	4.24%	4.75%	4.64%	5.16%	5.52%
D&A For EBITDA	-	457.18	454.07	412.43	588.83	576.62
EBIT	1,595	1,569	1,731	1,749	1,789	1,419
EBIT Margin	3.31%	3.28%	3.76%	3.75%	3.88%	3.93%
Effective Tax Rate	25.08%	25.40%	19.73%	19.20%	28.51%	24.35%
Revenue as Reported	48,216	47,772	46,046	46,584	46,058	36,738

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