Zoneco Group Co., Ltd. (SHE:002069)

Zoneco Group 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	1,481	1,565	1,666	2,000	2,083	1,900
Other Revenue	17.79	17.79	11.91	20.7	-	26.45
Revenue	1,499	1,583	1,677	2,021	2,083	1,927
Revenue Growth (YoY)	-4.06%	-5.66%	-16.98%	-2.99%	8.11%	-29.40%
Cost of Revenue	1,342	1,428	1,394	1,704	1,812	1,637
Gross Profit	156.83	154.13	283.05	316.86	270.92	289.96
Selling, General & Admin	155.19	151.83	161.96	172.32	202.9	244.93
Research & Development	19.14	21.64	19.29	22.63	18.1	17.18
Other Operating Expenses	10.35	10.5	10.88	10.9	11.15	13.42
Operating Expenses	179.94	177.13	199.3	215.68	234.41	281
Operating Income	-23.11	-23	83.75	101.17	36.52	8.96
Interest Expense	-63.62	-68.39	-71.14	-77.91	-86.31	-102.72
Interest & Investment Income	9.21	7.97	4.96	3.15	4.48	44.09
Earnings From Equity Investments	1.02	1.02	-0.6	-	-	-
Currency Exchange Gain (Loss)	-4.37	-4.37	2.24	7.22	-14.49	-13.73
Other Non Operating Income (Expenses)	-10.15	-1.04	-0.93	-2.27	0.45	-16.7
EBT Excluding Unusual Items	-91.02	-87.81	18.27	31.37	-59.35	-80.1
Gain (Loss) on Sale of Investments	0.47	-	-0	-3.18	-	-
Gain (Loss) on Sale of Assets	81.85	81.82	7.46	16.26	60.99	87.8
Asset Writedown	-20.12	-20.12	-2.66	-0.95	-0.23	-2.61
Other Unusual Items	9.52	9.52	0.36	0.31	23.46	41.76
Pretax Income	-19.3	-16.58	23.43	43.8	24.86	46.86
Income Tax Expense	17.88	4.43	9.95	15.53	0.93	10.87
Earnings From Continuing Operations	-37.17	-21.01	13.48	28.27	23.92	35.99
Minority Interest in Earnings	7.64	-0.9	-4.89	-24.33	-16.58	-21.14
Net Income	-29.53	-21.91	8.59	3.94	7.34	14.85
Net Income to Common	-29.53	-21.91	8.59	3.94	7.34	14.85
Net Income Growth	-	-	118.17%	-46.40%	-50.54%	-
Shares Outstanding (Basic)	712	711	710	716	713	711
Shares Outstanding (Diluted)	712	711	710	716	713	711
Shares Change (YoY)	0.24%	0.24%	-0.83%	0.38%	0.35%	-0.36%
EPS (Basic)	-0.04	-0.03	0.01	0.01	0.01	0.02
EPS (Diluted)	-0.04	-0.03	0.01	0.01	0.01	0.02
EPS Growth	-	-	120.00%	-46.60%	-50.72%	-
Free Cash Flow	121.75	45.5	174.6	64.73	81.52	177.63
Free Cash Flow Per Share	0.17	0.06	0.25	0.09	0.11	0.25
Gross Margin	10.46%	9.74%	16.87%	15.68%	13.01%	15.05%
Operating Margin	-1.54%	-1.45%	4.99%	5.01%	1.75%	0.46%
Profit Margin	-1.97%	-1.39%	0.51%	0.19%	0.35%	0.77%
Free Cash Flow Margin	8.12%	2.88%	10.41%	3.20%	3.91%	9.22%
EBITDA	36.14	37.74	146.47	177.16	124.81	109.12
EBITDA Margin	2.41%	2.38%	8.73%	8.77%	5.99%	5.66%
D&A For EBITDA	59.25	60.74	62.72	75.99	88.29	100.16
EBIT	-23.11	-23	83.75	101.17	36.52	8.96
EBIT Margin	-1.54%	-1.45%	4.99%	5.01%	1.75%	0.46%
Effective Tax Rate	-	-	42.47%	35.45%	3.76%	23.20%
Revenue as Reported	1,499	1,583	1,677	2,021	2,083	1,927
Advertising Expenses	-	18.72	16.47	7.56	12.44	12.35

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