Shandong Zhangqiu Blower Co., Ltd (SHE:002598)

Shandong Zhangqiu Blower 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,184	2,059	1,980	1,849	1,667	1,115
Other Revenue	-	27.21	24.27	25.92	29.34	13.59
Revenue	2,184	2,087	2,005	1,875	1,696	1,129
Revenue Growth (YoY)	12.23%	4.09%	6.93%	10.54%	50.21%	4.67%
Cost of Revenue	34.81	1,563	1,459	1,359	1,228	792.74
Gross Profit	2,150	523.68	545.54	515.76	467.49	336.25
Selling, General & Admin	2.62	297.78	292.02	263.6	242.39	177.02
Research & Development	-6.88	106.49	101.36	95.59	83.32	53.86
Other Operating Expenses	2,069	8.81	8.11	13.68	13.54	9.29
Operating Expenses	2,059	441.12	414.6	394.09	358.12	251.51
Operating Income	91.02	82.56	130.94	121.67	109.37	84.73
Interest Expense	-	-15.71	-18.02	-16.09	-9.77	-5.72
Interest & Investment Income	3.42	8.99	10.11	19.41	10.6	4.8
Currency Exchange Gain (Loss)	-	-0.02	1.04	0.93	-0.45	-0.73
Other Non Operating Income (Expenses)	-3.79	0.07	-1.31	-2.68	-0.32	-1.51
EBT Excluding Unusual Items	90.65	75.89	122.77	123.24	109.43	81.57
Gain (Loss) on Sale of Investments	-	1	-1.68	-1.08	-1.17	0.88
Gain (Loss) on Sale of Assets	-0.53	1.3	0.65	0.5	1.04	0.32
Asset Writedown	-	-0.17	-0.15	-0.09	-0.09	-
Other Unusual Items	4.01	3.58	9.58	4.31	5.35	9.82
Pretax Income	94.13	81.61	131.18	126.88	114.55	92.59
Income Tax Expense	15	3.77	16.78	12.67	6.43	11.07
Earnings From Continuing Operations	79.12	77.84	114.4	114.21	108.12	81.52
Minority Interest in Earnings	-0.51	-6.3	-7.85	-4.04	-3.22	0.05
Net Income	78.61	71.54	106.55	110.17	104.9	81.57
Net Income to Common	78.61	71.54	106.55	110.17	104.9	81.57
Net Income Growth	-26.44%	-32.86%	-3.29%	5.03%	28.60%	8.54%
Shares Outstanding (Basic)	312	312	312	312	312	312
Shares Outstanding (Diluted)	312	319	312	312	312	312
Shares Change (YoY)	0.04%	2.08%	-0.00%	0.00%	-0.01%	0.03%
EPS (Basic)	0.25	0.23	0.34	0.35	0.34	0.26
EPS (Diluted)	0.25	0.22	0.34	0.35	0.34	0.26
EPS Growth	-26.47%	-34.23%	-3.28%	5.03%	28.62%	8.51%
Free Cash Flow	-	-57.59	-114.42	57.35	-44.6	32.34
Free Cash Flow Per Share	-	-0.18	-0.37	0.18	-0.14	0.10
Dividend Per Share	0.100	0.100	0.100	0.100	0.100	-
Gross Margin	98.41%	25.10%	27.21%	27.51%	27.57%	29.78%
Operating Margin	4.17%	3.96%	6.53%	6.49%	6.45%	7.51%
Profit Margin	3.60%	3.43%	5.32%	5.88%	6.19%	7.22%
Free Cash Flow Margin	-	-2.76%	-5.71%	3.06%	-2.63%	2.86%
EBITDA	-	113.37	162.13	149.44	136.69	106.5
EBITDA Margin	-	5.43%	8.09%	7.97%	8.06%	9.43%
D&A For EBITDA	-	30.81	31.19	27.77	27.32	21.77
EBIT	91.02	82.56	130.94	121.67	109.37	84.73
EBIT Margin	4.17%	3.96%	6.53%	6.49%	6.45%	7.51%
Effective Tax Rate	15.94%	4.62%	12.79%	9.99%	5.61%	11.96%
Revenue as Reported	12.27	2,087	2,005	1,875	1,696	1,129
Advertising Expenses	-	13.66	13.56	21.27	23.74	15.61

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.