Zhejiang MTCN Technology Co.,Ltd. (SHE:003026)

Zhejiang MTCN Technology 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	413.89	420.42	345.83	329.52	428.52	268.7
Other Revenue	2.15	2.15	2.66	8.62	8.44	4.17
Revenue	416.04	422.57	348.5	338.14	436.96	272.88
Revenue Growth (YoY)	10.17%	21.25%	3.06%	-22.62%	60.13%	22.07%
Cost of Revenue	301.04	313.29	313.42	233.75	235.71	142.54
Gross Profit	114.99	109.28	35.07	104.39	201.25	130.33
Selling, General & Admin	48.3	47	42.52	43.3	34.61	21.86
Research & Development	27.83	27.29	26.33	19.99	15.06	9.8
Other Operating Expenses	5	5.16	4.87	5.4	4.36	-1.02
Operating Expenses	83.68	81.98	73.61	69.16	54.35	31.39
Operating Income	31.32	27.3	-38.53	35.23	146.9	98.94
Interest Expense	-11.7	-12.05	-10.94	-7.46	-1.09	-
Interest & Investment Income	5.54	6.55	8.96	10.51	9.11	0.83
Currency Exchange Gain (Loss)	1.14	1.14	2.4	1.61	0.13	-0.78
Other Non Operating Income (Expenses)	-0.39	-0.21	-0.25	-0.69	-0.54	-0.86
EBT Excluding Unusual Items	25.91	22.72	-38.35	39.2	154.52	98.14
Impairment of Goodwill	-	-	-	-1.16	-	-
Gain (Loss) on Sale of Assets	0.08	0.08	-0.03	0	-	-0
Asset Writedown	-2.06	-0	-0.01	-4.37	-0.25	-0.26
Other Unusual Items	4.75	3.96	3.77	2.17	6.25	-0
Pretax Income	28.68	26.76	-34.62	35.85	160.52	97.89
Income Tax Expense	-5.67	-5.91	-17.35	1.63	22.13	11.16
Earnings From Continuing Operations	34.35	32.67	-17.27	34.21	138.39	86.73
Minority Interest in Earnings	-5.74	-9.9	-16.8	-14.81	-7.06	-
Net Income	28.61	22.77	-34.07	19.41	131.34	86.73
Net Income to Common	28.61	22.77	-34.07	19.41	131.34	86.73
Net Income Growth	-	-	-	-85.22%	51.44%	29.64%
Shares Outstanding (Basic)	125	129	130	133	129	97
Shares Outstanding (Diluted)	125	129	130	133	129	97
Shares Change (YoY)	-8.86%	-0.59%	-1.85%	2.62%	33.08%	-0.53%
EPS (Basic)	0.23	0.18	-0.26	0.15	1.02	0.89
EPS (Diluted)	0.23	0.18	-0.26	0.15	1.02	0.89
EPS Growth	-	-	-	-85.60%	13.80%	30.34%
Free Cash Flow	21.88	12.9	-70.51	-113.89	-74.22	72.41
Free Cash Flow Per Share	0.17	0.10	-0.54	-0.86	-0.57	0.74
Dividend Per Share	0.150	0.150	-	0.154	-	0.769
Gross Margin	27.64%	25.86%	10.06%	30.87%	46.06%	47.76%
Operating Margin	7.53%	6.46%	-11.06%	10.42%	33.62%	36.26%
Profit Margin	6.88%	5.39%	-9.78%	5.74%	30.06%	31.78%
Free Cash Flow Margin	5.26%	3.05%	-20.23%	-33.68%	-16.99%	26.53%
EBITDA	95.45	89.64	16.67	75.99	168.11	112.43
EBITDA Margin	22.94%	21.21%	4.78%	22.47%	38.47%	41.20%
D&A For EBITDA	64.14	62.35	55.2	40.76	21.2	13.49
EBIT	31.32	27.3	-38.53	35.23	146.9	98.94
EBIT Margin	7.53%	6.46%	-11.06%	10.42%	33.62%	36.26%
Effective Tax Rate	-	-	-	4.56%	13.78%	11.40%
Revenue as Reported	416.04	422.57	348.5	338.14	436.96	272.88

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.