Shanghai Zhezhong Group Co.,Ltd (SHE:002346)

SHE:002346 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	824.04	948.85	1,103	703.61	669.89	599.04
Other Revenue	20.83	20.83	20.16	22.01	19.07	5.39
Revenue	844.87	969.67	1,123	725.61	688.96	604.43
Revenue Growth (YoY)	-35.89%	-13.65%	54.76%	5.32%	13.98%	33.83%
Cost of Revenue	636.77	730.77	903.42	563.55	542.3	459.18
Gross Profit	208.1	238.91	219.52	162.06	146.66	145.25
Selling, General & Admin	53.06	62.05	47.98	60.66	93.34	65.26
Research & Development	7.12	5.91	6.16	8.91	28.32	14.57
Other Operating Expenses	4.2	9.12	7.95	9.54	2.64	2.38
Operating Expenses	37.95	48.89	77.74	100.41	145.73	102.56
Operating Income	170.15	190.02	141.79	61.66	0.94	42.7
Interest Expense	-56.48	-11.92	-11.29	-7.08	-2.7	-4.63
Interest & Investment Income	91.53	12.95	85.04	4.13	273.46	1.72
Currency Exchange Gain (Loss)	0.03	0.03	0.01	0.16	3.05	-5.12
Other Non Operating Income (Expenses)	-7.71	28.69	-11.83	-67.16	-33.46	-6.78
EBT Excluding Unusual Items	197.52	219.76	203.71	-8.29	241.29	27.89
Gain (Loss) on Sale of Investments	573.12	-133.95	144.81	584.38	238.57	114.69
Gain (Loss) on Sale of Assets	0.06	-0.09	0.05	-0.07	-0.05	0.51
Asset Writedown	-	-	0.02	0.32	-4.31	-
Other Unusual Items	-7.51	-3.62	1.99	-6.13	15.48	36.75
Pretax Income	763.19	82.1	350.59	570.47	490.98	179.84
Income Tax Expense	190.21	8.95	53.35	138.25	71.03	12.38
Earnings From Continuing Operations	572.98	73.15	297.24	432.22	419.95	167.46
Minority Interest in Earnings	-	-	-	18.39	27.87	-6.56
Net Income	572.98	73.15	297.24	450.61	447.82	160.9
Net Income to Common	572.98	73.15	297.24	450.61	447.82	160.9
Net Income Growth	-	-75.39%	-34.04%	0.62%	178.33%	69.97%
Shares Outstanding (Basic)	423	430	437	437	439	447
Shares Outstanding (Diluted)	423	430	437	437	439	447
Shares Change (YoY)	-1.59%	-1.56%	-0.08%	-0.36%	-1.77%	-0.85%
EPS (Basic)	1.36	0.17	0.68	1.03	1.02	0.36
EPS (Diluted)	1.36	0.17	0.68	1.03	1.02	0.36
EPS Growth	-	-75.00%	-33.98%	0.98%	183.33%	71.43%
Free Cash Flow	43.53	186.13	-31.39	-131.43	-763.57	-552.18
Free Cash Flow Per Share	0.10	0.43	-0.07	-0.30	-1.74	-1.24
Dividend Per Share	0.500	0.500	0.200	0.200	0.200	0.200
Dividend Growth	150.00%	150.00%	-	-0.02%	0.02%	-
Gross Margin	24.63%	24.64%	19.55%	22.34%	21.29%	24.03%
Operating Margin	20.14%	19.60%	12.63%	8.50%	0.14%	7.06%
Profit Margin	67.82%	7.54%	26.47%	62.10%	65.00%	26.62%
Free Cash Flow Margin	5.15%	19.20%	-2.80%	-18.11%	-110.83%	-91.36%
EBITDA	193.8	213.65	165.4	87.34	35.63	71.97
EBITDA Margin	22.94%	22.03%	14.73%	12.04%	5.17%	11.91%
D&A For EBITDA	23.65	23.64	23.61	25.69	34.69	29.28
EBIT	170.15	190.02	141.79	61.66	0.94	42.7
EBIT Margin	20.14%	19.60%	12.63%	8.50%	0.14%	7.06%
Effective Tax Rate	24.92%	10.90%	15.22%	24.23%	14.47%	6.88%
Revenue as Reported	844.87	969.67	1,123	725.61	688.96	604.43

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