Zhejiang Semir Garment Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	14,903	14,458	13,544	13,215	15,300	15,089
Other Revenue	167.66	167.66	116.64	116.41	120.23	116.31
Revenue	15,071	14,626	13,661	13,331	15,420	15,205
Revenue Growth (YoY)	6.43%	7.06%	2.47%	-13.54%	1.41%	-21.37%
Cost of Revenue	8,713	8,502	8,002	8,328	9,159	9,515
Gross Profit	6,358	6,123	5,658	5,004	6,261	5,690
Selling, General & Admin	4,769	4,344	3,924	3,852	4,002	4,173
Research & Development	305.97	305.85	280.84	295.37	317.09	291.71
Other Operating Expenses	114.26	90.37	85.33	-3.01	121.99	135.64
Operating Expenses	5,188	4,750	4,284	4,252	4,554	4,619
Operating Income	1,170	1,374	1,374	751.77	1,706	1,071
Interest Expense	-28.38	-17.72	-15.22	-22.31	-20.62	-10.43
Interest & Investment Income	86.69	184.22	213.22	151.65	276.55	187.63
Currency Exchange Gain (Loss)	3.47	3.47	-1.75	6.25	1.57	23.61
Other Non Operating Income (Expenses)	-35.76	-39.13	-30.47	-82.71	-98.66	-129.98
EBT Excluding Unusual Items	1,196	1,504	1,540	804.65	1,865	1,142
Gain (Loss) on Sale of Investments	-7.74	7.41	30.14	99.36	15.32	-19.59
Gain (Loss) on Sale of Assets	3.62	0.82	8.06	0.48	-42.25	-2.99
Asset Writedown	-31.63	-6.49	-126.01	-40.88	-27.97	-85.92
Other Unusual Items	61.68	36.75	35.74	-	111.92	54.45
Pretax Income	1,221	1,543	1,488	863.61	1,922	1,088
Income Tax Expense	309.97	408.62	368.11	253.9	437.63	293.59
Earnings From Continuing Operations	911.52	1,134	1,120	609.72	1,485	794.39
Minority Interest in Earnings	7.64	3.14	1.94	27.28	1.89	11.29
Net Income	919.16	1,137	1,122	637	1,486	805.68
Net Income to Common	919.16	1,137	1,122	637	1,486	805.68
Net Income Growth	-12.00%	1.42%	76.06%	-57.15%	84.50%	-48.00%
Shares Outstanding (Basic)	2,699	2,708	2,670	2,654	2,703	2,686
Shares Outstanding (Diluted)	2,699	2,708	2,670	2,654	2,703	2,686
Shares Change (YoY)	0.70%	1.42%	0.61%	-1.80%	0.64%	0.53%
EPS (Basic)	0.34	0.42	0.42	0.24	0.55	0.30
EPS (Diluted)	0.34	0.42	0.42	0.24	0.55	0.30
EPS Growth	-12.62%	-	75.00%	-56.36%	83.33%	-48.28%
Free Cash Flow	480.05	851.89	1,680	1,064	1,876	4,323
Free Cash Flow Per Share	0.18	0.32	0.63	0.40	0.69	1.61
Dividend Per Share	0.500	0.350	0.300	0.200	0.750	0.250
Dividend Growth	66.67%	16.67%	50.00%	-73.33%	200.00%	-44.44%
Gross Margin	42.19%	41.87%	41.42%	37.53%	40.60%	37.42%
Operating Margin	7.76%	9.39%	10.06%	5.64%	11.07%	7.04%
Profit Margin	6.10%	7.78%	8.21%	4.78%	9.64%	5.30%
Free Cash Flow Margin	3.19%	5.83%	12.30%	7.98%	12.17%	28.43%
EBITDA	1,316	1,544	1,576	961.44	1,920	1,336
EBITDA Margin	8.73%	10.55%	11.53%	7.21%	12.45%	8.79%
D&A For EBITDA	146.44	170.09	201.62	209.67	213.46	264.73
EBIT	1,170	1,374	1,374	751.77	1,706	1,071
EBIT Margin	7.76%	9.39%	10.06%	5.64%	11.07%	7.04%
Effective Tax Rate	25.38%	26.48%	24.74%	29.40%	22.77%	26.98%
Revenue as Reported	15,071	14,626	13,661	13,331	15,420	15,205
Advertising Expenses	-	723.99	652.28	665.58	800.02	419.55

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