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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	15,226	14,855	14,458	13,544	13,215	15,300
Other Revenue	234.42	234.42	167.66	116.64	116.41	120.23
Revenue	15,460	15,090	14,626	13,661	13,331	15,420
Revenue Growth (YoY)	6.15%	3.17%	7.06%	2.47%	-13.54%	1.41%
Cost of Revenue	8,899	8,727	8,502	8,002	8,328	9,159
Gross Profit	6,561	6,363	6,123	5,658	5,004	6,261
Selling, General & Admin	4,886	4,838	4,344	3,924	3,852	4,002
Research & Development	303.67	302.06	305.85	280.84	295.37	317.09
Other Operating Expenses	107.98	97.88	90.37	85.33	-3.01	121.99
Operating Expenses	5,302	5,244	4,750	4,284	4,252	4,554
Operating Income	1,259	1,119	1,374	1,374	751.77	1,706
Interest Expense	-27.87	-29.18	-17.72	-15.22	-22.31	-20.62
Interest & Investment Income	205.96	165.66	184.22	213.22	151.65	276.55
Currency Exchange Gain (Loss)	-9.06	-9.06	3.47	-1.75	6.25	1.57
Other Non Operating Income (Expenses)	-24.32	-31.55	-39.13	-30.47	-82.71	-98.66
EBT Excluding Unusual Items	1,404	1,215	1,504	1,540	804.65	1,865
Gain (Loss) on Sale of Investments	-16.47	-15.26	7.41	30.14	99.36	15.32
Gain (Loss) on Sale of Assets	5.31	5.34	0.82	8.06	0.48	-42.25
Asset Writedown	-69.12	-11.06	-6.49	-126.01	-40.88	-27.97
Other Unusual Items	58.42	52.49	36.75	35.74	-	111.92
Pretax Income	1,382	1,246	1,543	1,488	863.61	1,922
Income Tax Expense	402.18	363.59	408.62	368.11	253.9	437.63
Earnings From Continuing Operations	979.87	882.63	1,134	1,120	609.72	1,485
Minority Interest in Earnings	9.54	9.78	3.14	1.94	27.28	1.89
Net Income	989.41	892.42	1,137	1,122	637	1,486
Net Income to Common	989.41	892.42	1,137	1,122	637	1,486
Net Income Growth	-1.58%	-21.54%	1.42%	76.06%	-57.15%	84.50%
Shares Outstanding (Basic)	2,683	2,704	2,708	2,670	2,654	2,703
Shares Outstanding (Diluted)	2,683	2,704	2,708	2,670	2,654	2,703
Shares Change (YoY)	-1.06%	-0.14%	1.42%	0.61%	-1.80%	0.64%
EPS (Basic)	0.37	0.33	0.42	0.42	0.24	0.55
EPS (Diluted)	0.37	0.33	0.42	0.42	0.24	0.55
EPS Growth	-0.53%	-21.43%	-	75.00%	-56.36%	83.33%
Free Cash Flow	1,320	1,116	851.89	1,680	1,064	1,876
Free Cash Flow Per Share	0.49	0.41	0.32	0.63	0.40	0.69
Dividend Per Share	0.300	0.300	0.350	0.300	0.200	0.750
Dividend Growth	-14.29%	-14.29%	16.67%	50.00%	-73.33%	200.00%
Gross Margin	42.44%	42.17%	41.87%	41.42%	37.53%	40.60%
Operating Margin	8.14%	7.41%	9.39%	10.06%	5.64%	11.07%
Profit Margin	6.40%	5.91%	7.78%	8.21%	4.78%	9.64%
Free Cash Flow Margin	8.54%	7.40%	5.83%	12.30%	7.98%	12.17%
EBITDA	1,414	1,281	1,566	1,576	961.44	1,920
EBITDA Margin	9.14%	8.49%	10.71%	11.53%	7.21%	12.45%
D&A For EBITDA	154.6	162.13	192.25	201.62	209.67	213.46
EBIT	1,259	1,119	1,374	1,374	751.77	1,706
EBIT Margin	8.14%	7.41%	9.39%	10.06%	5.64%	11.07%
Effective Tax Rate	29.10%	29.18%	26.48%	24.74%	29.40%	22.77%
Revenue as Reported	15,460	15,090	14,626	13,661	13,331	15,420
Advertising Expenses	-	925.61	723.99	652.28	665.58	800.02

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