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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	693.53	707.11	638.56	772.17	940.76	719.36
Other Revenue	1.28	1.28	1.23	1.42	3.27	2.86
Revenue	694.81	708.39	639.78	773.59	944.03	722.22
Revenue Growth (YoY)	5.72%	10.72%	-17.30%	-18.05%	30.71%	1.02%
Cost of Revenue	614.85	631.57	615.57	700.63	837.56	643.85
Gross Profit	79.96	76.81	24.21	72.97	106.47	78.37
Selling, General & Admin	45.87	46.77	46.24	49.58	50.63	48.17
Research & Development	23.21	23.35	22.74	30.57	34.46	22.58
Other Operating Expenses	9.81	8.02	8.2	8.37	7.8	6.49
Operating Expenses	81.34	81.22	78.89	92.06	102.91	78.67
Operating Income	-1.37	-4.41	-54.67	-19.1	3.56	-0.3
Interest Expense	-2.16	-2.97	-5.51	-4.4	-3.3	-5.29
Interest & Investment Income	6.69	5.65	6.08	3.4	2.99	4.15
Currency Exchange Gain (Loss)	8.98	8.98	7.86	20.53	-6.8	-13.39
Other Non Operating Income (Expenses)	-1.2	-0.62	-0.4	-0.39	1.56	-0.78
EBT Excluding Unusual Items	10.94	6.63	-46.64	0.05	-2	-15.62
Gain (Loss) on Sale of Investments	0.15	-0.42	-9.47	-9.31	-1.04	-0.77
Gain (Loss) on Sale of Assets	45.77	45.77	-	0	0.1	0.13
Asset Writedown	-2.65	-2.88	-8.73	-3.67	-0.42	-0.25
Other Unusual Items	4.19	3.68	1.95	9.86	6.17	6.23
Pretax Income	58.4	52.77	-62.89	-3.07	2.81	-10.27
Income Tax Expense	6.39	5.5	-11.79	-5.62	-4.25	-3.83
Earnings From Continuing Operations	52.01	47.28	-51.1	2.55	7.06	-6.44
Minority Interest in Earnings	-0.08	-0.08	0.09	0.05	-	-
Net Income	51.93	47.19	-51.01	2.6	7.06	-6.44
Net Income to Common	51.93	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)	-0.11%	-0.01%	0.35%	-0.29%	19.20%	-16.10%
EPS (Basic)	0.20	0.18	-0.20	0.01	0.03	-0.03
EPS (Diluted)	0.20	0.18	-0.20	0.01	0.03	-0.03
EPS Growth	-	-	-	-63.04%	-	-
Free Cash Flow	50.11	43.88	46.6	19.79	-32.28	120.39
Free Cash Flow Per Share	0.20	0.17	0.18	0.08	-0.13	0.56
Dividend Per Share	-	-	-	-	0.025	-
Gross Margin	11.51%	10.84%	3.78%	9.43%	11.28%	10.85%
Operating Margin	-0.20%	-0.62%	-8.55%	-2.47%	0.38%	-0.04%
Profit Margin	7.47%	6.66%	-7.97%	0.34%	0.75%	-0.89%
Free Cash Flow Margin	7.21%	6.19%	7.28%	2.56%	-3.42%	16.67%
EBITDA	42.66	40.9	-4.28	31.22	52.23	46.94
EBITDA Margin	6.14%	5.77%	-0.67%	4.04%	5.53%	6.50%
D&A For EBITDA	44.04	45.31	50.39	50.31	48.67	47.25
EBIT	-1.37	-4.41	-54.67	-19.1	3.56	-0.3
EBIT Margin	-0.20%	-0.62%	-8.55%	-2.47%	0.38%	-0.04%
Effective Tax Rate	10.95%	10.42%	-	-	-	-
Revenue as Reported	694.81	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.