Zhongyeda Electric Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	11,044	10,779	11,047	11,888	12,102	12,533
Other Revenue	17.11	17.36	20.34	27.32	26.12	25.04
Revenue	11,061	10,797	11,067	11,915	12,128	12,558
Revenue Growth	-2.26%	-2.44%	-7.12%	-1.76%	-3.43%	16.92%
Cost of Revenue	10,067	9,838	10,132	10,823	10,965	11,324
Gross Profit	993.5	958.25	935.01	1,092	1,163	1,235
Selling, General & Admin	674.33	668.73	655.55	701.58	685.48	693.23
Research & Development	29.73	31.85	36.44	42.12	44.49	38.26
Other Operating Expenses	36.89	35.62	36.16	37.07	36	37.38
Operating Expenses	741.76	738.64	743.24	788.63	773.38	775.87
Operating Income	251.74	219.61	191.78	303.75	389.59	458.86
Interest Expense	-7.91	-8.05	-8.42	-0.8	-1.41	-1.82
Interest & Investment Income	23.24	23.72	22.69	19.36	13.88	9.69
Currency Exchange Gain (Loss)	-5.39	-3.19	1.59	-0.04	-0.01	0.08
Other Non Operating Income (Expenses)	26.34	24.38	31.79	30.63	31.83	32.9
EBT Excluding Unusual Items	288.01	256.47	239.43	352.89	433.88	499.72
Impairment of Goodwill	-3.28	-3.28	-	-10.18	-29.84	-50.05
Gain (Loss) on Sale of Investments	-0	0.02	-1.98	-5.33	-3.89	-9.31
Gain (Loss) on Sale of Assets	2.87	0.56	0.27	4.47	0.32	137.57
Asset Writedown	-0.4	-0.38	-0.24	-0.11	-0.01	-1.46
Other Unusual Items	6.4	3.89	0.89	7.25	6.87	4.98
Pretax Income	293.6	257.28	238.36	348.99	407.33	581.44
Income Tax Expense	66.81	65.76	63.58	89.13	114.62	157.63
Earnings From Continuing Operations	226.8	191.52	174.78	259.86	292.71	423.81
Minority Interest in Earnings	-10.91	-3.18	-5.49	-6.03	2.63	-8.23
Net Income	215.89	188.35	169.3	253.82	295.34	415.58
Net Income to Common	215.89	188.35	169.3	253.82	295.34	415.58
Net Income Growth	27.74%	11.25%	-33.30%	-14.06%	-28.93%	59.19%
Shares Outstanding (Basic)	539	538	546	540	547	547
Shares Outstanding (Diluted)	539	538	546	540	547	547
Shares Change	-1.23%	-1.46%	1.13%	-1.26%	0.02%	0.54%
EPS (Basic)	0.40	0.35	0.31	0.47	0.54	0.76
EPS (Diluted)	0.40	0.35	0.31	0.47	0.54	0.76
EPS Growth	29.33%	12.90%	-34.04%	-12.96%	-28.95%	58.33%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Free Cash Flow	-40.47	477.06	618.38	287.96	345.63	-319.74
Free Cash Flow Per Share	-0.07	0.89	1.13	0.53	0.63	-0.58
Dividend Per Share	0.700	0.500	0.300	0.300	0.350	0.350
Dividend Growth	133.33%	66.67%	0%	-14.29%	0%	40.00%
Gross Margin	8.98%	8.88%	8.45%	9.17%	9.59%	9.83%
Operating Margin	2.28%	2.03%	1.73%	2.55%	3.21%	3.65%
Profit Margin	1.95%	1.74%	1.53%	2.13%	2.44%	3.31%
Free Cash Flow Margin	-0.37%	4.42%	5.59%	2.42%	2.85%	-2.55%
EBITDA	290.31	263.14	246.25	360.08	440.14	509.1
EBITDA Margin	2.63%	2.44%	2.23%	3.02%	3.63%	4.05%
D&A For EBITDA	38.58	43.54	54.48	56.33	50.56	50.24
EBIT	251.74	219.61	191.78	303.75	389.59	458.86
EBIT Margin	2.28%	2.03%	1.73%	2.55%	3.21%	3.65%
Effective Tax Rate	22.75%	25.56%	26.67%	25.54%	28.14%	27.11%
Revenue as Reported	11,061	10,797	11,067	11,915	12,128	12,558
Advertising Expenses	-	13.15	11.68	13	12.63	14.93