Zhejiang Yueling Co., Ltd. (SHE:002725)

Zhejiang Yueling 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	662.3	707.11	638.56	772.17	940.76	719.36
Other Revenue	1.7	1.28	1.23	1.42	3.27	2.86
Revenue	664	708.39	639.78	773.59	944.03	722.22
Revenue Growth (YoY)	-2.55%	10.72%	-17.30%	-18.05%	30.71%	1.02%
Cost of Revenue	581.59	631.57	615.57	700.63	837.56	643.85
Gross Profit	82.42	76.81	24.21	72.97	106.47	78.37
Selling, General & Admin	44.71	46.77	46.24	49.58	50.63	48.17
Research & Development	22.01	23.35	22.74	30.57	34.46	22.58
Other Operating Expenses	10.61	8.02	8.2	8.37	7.8	6.49
Operating Expenses	78.22	81.22	78.89	92.06	102.91	78.67
Operating Income	4.2	-4.41	-54.67	-19.1	3.56	-0.3
Interest Expense	-2.09	-2.97	-5.51	-4.4	-3.3	-5.29
Interest & Investment Income	7.28	5.65	6.08	3.4	2.99	4.15
Currency Exchange Gain (Loss)	5.1	8.98	7.86	20.53	-6.8	-13.39
Other Non Operating Income (Expenses)	-1.25	-0.62	-0.4	-0.39	1.56	-0.78
EBT Excluding Unusual Items	13.23	6.63	-46.64	0.05	-2	-15.62
Gain (Loss) on Sale of Investments	-0.34	-0.42	-9.47	-9.31	-1.04	-0.77
Gain (Loss) on Sale of Assets	45.62	45.77	-	0	0.1	0.13
Asset Writedown	-5.53	-5.52	-11.29	-3.67	-0.42	-0.25
Other Unusual Items	7.45	6.32	4.5	9.86	6.17	6.23
Pretax Income	60.42	52.77	-62.89	-3.07	2.81	-10.27
Income Tax Expense	6.9	5.5	-11.79	-5.62	-4.25	-3.83
Earnings From Continuing Operations	53.51	47.28	-51.1	2.55	7.06	-6.44
Minority Interest in Earnings	-0.09	-0.08	0.09	0.05	-	-
Net Income	53.42	47.19	-51.01	2.6	7.06	-6.44
Net Income to Common	53.42	47.19	-51.01	2.6	7.06	-6.44
Net Income Growth	-	-	-	-63.15%	-	-
Shares Outstanding (Basic)	256	256	256	255	256	215
Shares Outstanding (Diluted)	256	256	256	255	256	215
Shares Change (YoY)	-0.16%	-0.01%	0.35%	-0.29%	19.20%	-16.10%
EPS (Basic)	0.21	0.18	-0.20	0.01	0.03	-0.03
EPS (Diluted)	0.21	0.18	-0.20	0.01	0.03	-0.03
EPS Growth	-	-	-	-63.04%	-	-
Free Cash Flow	75.04	43.88	46.6	19.79	-32.28	120.39
Free Cash Flow Per Share	0.29	0.17	0.18	0.08	-0.13	0.56
Dividend Per Share	-	-	-	-	0.025	-
Gross Margin	12.41%	10.84%	3.78%	9.43%	11.28%	10.85%
Operating Margin	0.63%	-0.62%	-8.55%	-2.47%	0.38%	-0.04%
Profit Margin	8.04%	6.66%	-7.97%	0.34%	0.75%	-0.89%
Free Cash Flow Margin	11.30%	6.19%	7.28%	2.56%	-3.42%	16.67%
EBITDA	42.38	40.9	-4.28	31.22	52.23	46.94
EBITDA Margin	6.38%	5.77%	-0.67%	4.04%	5.53%	6.50%
D&A For EBITDA	38.18	45.31	50.39	50.31	48.67	47.25
EBIT	4.2	-4.41	-54.67	-19.1	3.56	-0.3
EBIT Margin	0.63%	-0.62%	-8.55%	-2.47%	0.38%	-0.04%
Effective Tax Rate	11.43%	10.42%	-	-	-	-
Revenue as Reported	664	708.39	639.78	773.59	944.03	722.22
Advertising Expenses	-	0.01	0.06	0.21	-	-

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