Zhe Jiang Kangsheng Co.,Ltd. (SHE:002418)

Zhe Jiang Kangsheng 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	2,741	2,528	2,225	3,070	2,295	2,305
Other Revenue	87.88	87.88	71.91	80.9	82.7	47.44
Revenue	2,829	2,616	2,297	3,151	2,377	2,352
Revenue Growth (YoY)	18.76%	13.86%	-27.09%	32.53%	1.06%	17.17%
Cost of Revenue	2,564	2,377	2,094	2,907	2,176	2,104
Gross Profit	265.56	238.54	202.74	244.06	201.22	248.69
Selling, General & Admin	156.56	146.32	117.27	147.32	155.3	160.52
Research & Development	31.53	27.9	18.26	16.18	22.2	33.53
Other Operating Expenses	24.8	21.01	17.27	13.32	14	12.09
Operating Expenses	323.12	307.14	151.28	173.02	123.59	269.21
Operating Income	-57.56	-68.61	51.47	71.04	77.63	-20.52
Interest Expense	-28.11	-25.03	-32.25	-42.7	-32.94	-51.71
Interest & Investment Income	18.85	14.6	6.52	3.1	6.23	54.17
Currency Exchange Gain (Loss)	2.18	2.18	1.75	4.37	-2.7	-2.5
Other Non Operating Income (Expenses)	-10.95	-9.61	-9.88	-0.43	-4.32	-15.25
EBT Excluding Unusual Items	-75.59	-86.46	17.6	35.37	43.9	-35.81
Gain (Loss) on Sale of Investments	-	-	-	-	-	-13.03
Gain (Loss) on Sale of Assets	0.62	0.42	0.35	2.66	-0.16	69.46
Asset Writedown	6.92	-1.98	-7.36	-0.84	-1.22	-22.38
Legal Settlements	-0.49	-0.49	-1.37	-15.68	-4.73	-0.39
Other Unusual Items	9.69	2.25	16.45	1.73	10.46	59.02
Pretax Income	-58.86	-86.26	25.66	23.24	48.24	56.87
Income Tax Expense	10.55	5.7	4.32	5.82	11.1	36.32
Earnings From Continuing Operations	-69.41	-91.96	21.34	17.42	37.14	20.55
Net Income to Company	-69.41	-91.96	21.34	17.42	37.14	20.55
Minority Interest in Earnings	-5.2	-6.35	0.43	0.49	0.25	0.57
Net Income	-74.61	-98.31	21.77	17.91	37.39	21.13
Net Income to Common	-74.61	-98.31	21.77	17.91	37.39	21.13
Net Income Growth	-	-	21.54%	-52.09%	76.99%	-
Shares Outstanding (Basic)	1,136	1,137	1,134	1,134	1,246	1,056
Shares Outstanding (Diluted)	1,136	1,137	1,134	1,134	1,246	1,056
Shares Change (YoY)	0.41%	0.23%	0.01%	-9.04%	18.00%	-6.51%
EPS (Basic)	-0.07	-0.09	0.02	0.02	0.03	0.02
EPS (Diluted)	-0.07	-0.09	0.02	0.02	0.03	0.02
EPS Growth	-	-	21.52%	-47.33%	50.00%	-
Free Cash Flow	-190.88	-5.25	150.49	-36.73	160.21	108.6
Free Cash Flow Per Share	-0.17	-0.01	0.13	-0.03	0.13	0.10
Gross Margin	9.39%	9.12%	8.83%	7.75%	8.46%	10.57%
Operating Margin	-2.04%	-2.62%	2.24%	2.25%	3.26%	-0.87%
Profit Margin	-2.64%	-3.76%	0.95%	0.57%	1.57%	0.90%
Free Cash Flow Margin	-6.75%	-0.20%	6.55%	-1.17%	6.74%	4.62%
EBITDA	-1.37	-11.24	110.39	134.89	150.99	76.61
EBITDA Margin	-0.05%	-0.43%	4.81%	4.28%	6.35%	3.26%
D&A For EBITDA	56.19	57.36	58.93	63.86	73.36	97.13
EBIT	-57.56	-68.61	51.47	71.04	77.63	-20.52
EBIT Margin	-2.03%	-2.62%	2.24%	2.25%	3.26%	-0.87%
Effective Tax Rate	-	-	16.85%	25.04%	23.00%	63.86%
Revenue as Reported	2,829	2,616	2,297	3,151	2,377	2,352
Advertising Expenses	-	0.43	0.28	0.1	0.06	0.29

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.