Hunan Zhongke Electric Co., Ltd. (SHE:300035)

Hunan Zhongke Electric 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	7,416	5,396	4,802	5,123	2,151	954.52
Other Revenue	185.08	185.08	105.57	133.65	42.76	19.11
Revenue	7,602	5,581	4,908	5,257	2,194	973.63
Revenue Growth (YoY)	44.27%	13.73%	-6.64%	139.61%	125.33%	4.79%
Cost of Revenue	6,192	4,509	4,283	4,333	1,569	617.33
Gross Profit	1,409	1,072	624.55	923.78	624.38	356.3
Selling, General & Admin	288.91	267.59	234.49	182.69	113.08	112.16
Research & Development	256.52	203.34	253.43	214.37	98	62.04
Other Operating Expenses	46.99	-5.39	-6.51	6.28	-15.96	-1.28
Operating Expenses	625.3	474.45	500.92	421.08	205.45	177.86
Operating Income	784	597.68	123.63	502.7	418.93	178.44
Interest Expense	-154.41	-143.53	-161.26	-165.68	-37.96	-12.42
Interest & Investment Income	36.16	24.82	26.15	76.14	22.01	10.62
Currency Exchange Gain (Loss)	1.71	1.71	6.23	7.6	-1.52	-3.03
Other Non Operating Income (Expenses)	4.52	-0.06	-1.48	-3.82	-0.9	-0.21
EBT Excluding Unusual Items	671.98	480.63	-6.74	416.94	400.56	173.4
Gain (Loss) on Sale of Investments	14.3	-24.11	-9.56	-66.17	0.07	-0.8
Gain (Loss) on Sale of Assets	2.18	-3.79	-1.48	-0.38	-0.92	-0.04
Asset Writedown	-28.8	-37.36	-31.89	-	-1.61	-1.3
Other Unusual Items	76.27	50.78	23.85	9.69	10.74	12.53
Pretax Income	735.93	466.14	-25.82	360.09	408.84	183.79
Income Tax Expense	82.69	73.64	-36.25	2.03	43.53	19.97
Earnings From Continuing Operations	653.23	392.49	10.43	358.06	365.32	163.81
Minority Interest in Earnings	-132.04	-89.47	31.27	6.04	0.14	-0.01
Net Income	521.2	303.02	41.71	364.1	365.45	163.8
Net Income to Common	521.2	303.02	41.71	364.1	365.45	163.8
Net Income Growth	85.12%	626.56%	-88.55%	-0.37%	123.10%	8.34%
Shares Outstanding (Basic)	685	690	723	701	630	630
Shares Outstanding (Diluted)	685	690	723	701	641	636
Shares Change (YoY)	-1.93%	-4.55%	3.15%	9.29%	0.87%	19.19%
EPS (Basic)	0.76	0.44	0.06	0.52	0.58	0.26
EPS (Diluted)	0.76	0.44	0.06	0.52	0.57	0.26
EPS Growth	88.77%	661.18%	-88.89%	-8.84%	121.19%	-9.10%
Free Cash Flow	-1,358	-330.9	637.13	-3,744	-1,385	6.16
Free Cash Flow Per Share	-1.98	-0.48	0.88	-5.34	-2.16	0.01
Dividend Per Share	0.250	0.250	0.150	0.150	0.150	0.100
Dividend Growth	66.67%	66.67%	-	-	50.00%	66.67%
Gross Margin	18.54%	19.21%	12.73%	17.57%	28.46%	36.59%
Operating Margin	10.31%	10.71%	2.52%	9.56%	19.10%	18.33%
Profit Margin	6.86%	5.43%	0.85%	6.93%	16.66%	16.82%
Free Cash Flow Margin	-17.87%	-5.93%	12.98%	-71.22%	-63.11%	0.63%
EBITDA	1,166	914.49	353.11	609.53	472.22	220.07
EBITDA Margin	15.34%	16.39%	7.20%	11.59%	21.52%	22.60%
D&A For EBITDA	382.3	316.81	229.48	106.83	53.28	41.63
EBIT	784	597.68	123.63	502.7	418.93	178.44
EBIT Margin	10.31%	10.71%	2.52%	9.56%	19.10%	18.33%
Effective Tax Rate	11.24%	15.80%	-	0.56%	10.65%	10.87%
Revenue as Reported	7,602	5,581	4,908	5,257	2,194	973.63

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