Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SHE:300316)

SHE:300316 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	17,577	17,049	10,095	5,585	3,531
Other Revenue	-	934.55	543.56	376.09	279.73
Revenue	17,577	17,983	10,638	5,961	3,811
Revenue Growth (YoY)	-2.26%	69.04%	78.45%	56.44%	22.54%
Cost of Revenue	11,714	10,749	6,499	3,635	2,468
Gross Profit	5,862	7,235	4,139	2,326	1,342
Selling, General & Admin	605.8	495.59	331.1	230.1	168.93
Research & Development	1,119	1,145	796.33	353.58	227.16
Other Operating Expenses	-168.55	-230.02	-267.17	-164.91	-57.31
Operating Expenses	1,834	1,513	965.63	471.79	416.59
Operating Income	4,028	5,722	3,173	1,855	925.65
Interest Expense	-56.25	-51.96	-11.04	-4.72	-3.01
Interest & Investment Income	74.04	83.96	131.64	81.91	52.34
Currency Exchange Gain (Loss)	-	-9.17	-6.68	-8.6	-8.55
Other Non Operating Income (Expenses)	-38.62	-3.85	-1.06	-4.43	-1.09
EBT Excluding Unusual Items	4,008	5,741	3,286	1,919	965.34
Gain (Loss) on Sale of Investments	-8.05	32.45	44.59	-	-0.3
Gain (Loss) on Sale of Assets	0.05	-3.43	-30.45	34.01	-1.86
Asset Writedown	-929.23	6.02	-27.27	-3.2	-6.07
Other Unusual Items	-	179.33	146.04	34.64	34.63
Pretax Income	3,070	5,955	3,419	1,984	991.74
Income Tax Expense	405.84	641.98	339.87	255.88	139.92
Earnings From Continuing Operations	2,664	5,313	3,079	1,728	851.82
Minority Interest in Earnings	-154.75	-755.49	-154.84	-16.54	6.34
Net Income	2,510	4,558	2,924	1,712	858.16
Net Income to Common	2,510	4,558	2,924	1,712	858.16
Net Income Growth	-44.93%	55.85%	70.84%	99.46%	34.63%
Shares Outstanding (Basic)	1,307	1,307	1,294	1,287	1,281
Shares Outstanding (Diluted)	1,307	1,307	1,294	1,287	1,281
Shares Change (YoY)	-	1.02%	0.54%	0.48%	0.47%
EPS (Basic)	1.92	3.49	2.26	1.33	0.67
EPS (Diluted)	1.92	3.49	2.26	1.33	0.67
EPS Growth	-44.95%	54.33%	69.92%	98.51%	34.00%
Free Cash Flow	128.14	613.06	-1,010	958.75	725.69
Free Cash Flow Per Share	0.10	0.47	-0.78	0.74	0.57
Dividend Per Share	-	0.700	0.450	0.280	0.135
Dividend Growth	-	55.56%	60.71%	107.41%	35.00%
Gross Margin	33.35%	40.23%	38.91%	39.02%	35.22%
Operating Margin	22.92%	31.82%	29.83%	31.11%	24.29%
Profit Margin	14.28%	25.34%	27.49%	28.71%	22.52%
Free Cash Flow Margin	0.73%	3.41%	-9.49%	16.08%	19.04%
EBITDA	4,698	6,173	3,515	1,993	1,048
EBITDA Margin	26.73%	34.33%	33.04%	33.43%	27.49%
D&A For EBITDA	669.19	451.17	341.33	138.6	121.95
EBIT	4,028	5,722	3,173	1,855	925.65
EBIT Margin	22.92%	31.82%	29.83%	31.11%	24.29%
Effective Tax Rate	13.22%	10.78%	9.94%	12.90%	14.11%
Revenue as Reported	17,577	17,983	10,638	5,961	3,811
Advertising Expenses	-	5.36	1.56	2.26	1.09

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