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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,095	2,059	1,980	1,849	1,667	1,115
Other Revenue	27.89	27.21	24.27	25.92	29.34	13.59
Revenue	2,122	2,087	2,005	1,875	1,696	1,129
Revenue Growth (YoY)	7.15%	4.09%	6.93%	10.54%	50.21%	4.67%
Cost of Revenue	1,619	1,563	1,459	1,359	1,228	792.74
Gross Profit	503.58	523.68	545.54	515.76	467.49	336.25
Selling, General & Admin	288.93	297.78	292.02	263.6	242.39	177.02
Research & Development	119	106.49	101.36	95.59	83.32	53.86
Other Operating Expenses	12.69	8.81	8.11	13.68	13.54	9.29
Operating Expenses	442.69	441.12	414.6	394.09	358.12	251.51
Operating Income	60.89	82.56	130.94	121.67	109.37	84.73
Interest Expense	-16.15	-15.71	-18.02	-16.09	-9.77	-5.72
Interest & Investment Income	1.07	8.99	10.11	19.41	10.6	4.8
Currency Exchange Gain (Loss)	0.04	-0.02	1.04	0.93	-0.45	-0.73
Other Non Operating Income (Expenses)	-0.22	0.07	-1.31	-2.68	-0.32	-1.51
EBT Excluding Unusual Items	45.63	75.89	122.77	123.24	109.43	81.57
Gain (Loss) on Sale of Investments	1.31	1	-1.68	-1.08	-1.17	0.88
Gain (Loss) on Sale of Assets	0.3	1.3	0.65	0.5	1.04	0.32
Asset Writedown	-0.17	-0.17	-0.15	-0.09	-0.09	-
Other Unusual Items	8.24	3.58	9.58	4.31	5.35	9.82
Pretax Income	55.32	81.61	131.18	126.88	114.55	92.59
Income Tax Expense	2.14	3.77	16.78	12.67	6.43	11.07
Earnings From Continuing Operations	53.17	77.84	114.4	114.21	108.12	81.52
Minority Interest in Earnings	-7.91	-6.3	-7.85	-4.04	-3.22	0.05
Net Income	45.26	71.54	106.55	110.17	104.9	81.57
Net Income to Common	45.26	71.54	106.55	110.17	104.9	81.57
Net Income Growth	-57.60%	-32.86%	-3.29%	5.03%	28.60%	8.54%
Shares Outstanding (Basic)	312	312	312	312	312	312
Shares Outstanding (Diluted)	318	319	312	312	312	312
Shares Change (YoY)	2.07%	2.08%	-0.00%	0.00%	-0.01%	0.03%
EPS (Basic)	0.15	0.23	0.34	0.35	0.34	0.26
EPS (Diluted)	0.14	0.22	0.34	0.35	0.34	0.26
EPS Growth	-58.46%	-34.23%	-3.28%	5.03%	28.62%	8.51%
Free Cash Flow	69.22	-57.59	-114.42	57.35	-44.6	32.34
Free Cash Flow Per Share	0.22	-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	23.73%	25.10%	27.21%	27.51%	27.57%	29.78%
Operating Margin	2.87%	3.96%	6.53%	6.49%	6.45%	7.51%
Profit Margin	2.13%	3.43%	5.32%	5.88%	6.19%	7.22%
Free Cash Flow Margin	3.26%	-2.76%	-5.71%	3.06%	-2.63%	2.86%
EBITDA	92.43	113.37	162.13	149.44	136.69	106.5
EBITDA Margin	4.35%	5.43%	8.09%	7.97%	8.06%	9.43%
D&A For EBITDA	31.54	30.81	31.19	27.77	27.32	21.77
EBIT	60.89	82.56	130.94	121.67	109.37	84.73
EBIT Margin	2.87%	3.96%	6.53%	6.49%	6.45%	7.51%
Effective Tax Rate	3.88%	4.62%	12.79%	9.99%	5.61%	11.96%
Revenue as Reported	2,122	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.