Hangzhou Zhongtai Cryogenic Technology Corporation (SHE:300435)

SHE:300435 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,610	2,708	3,042	3,251	2,398	1,971
Other Revenue	8.32	8.32	5.08	5.69	9.46	6.28
Revenue	2,619	2,717	3,047	3,256	2,407	1,978
Revenue Growth (YoY)	-10.07%	-10.86%	-6.42%	35.29%	21.72%	91.19%
Cost of Revenue	2,061	2,207	2,459	2,703	1,951	1,566
Gross Profit	557.63	510.07	588.92	553.59	456.18	411.34
Selling, General & Admin	171.32	150.24	151.64	140.62	128.31	120.3
Research & Development	59.51	56.45	64.13	59.82	40.38	19.2
Other Operating Expenses	11.15	10.51	12.71	12.88	8.7	6.46
Operating Expenses	271.26	247.93	211.49	247.77	203.47	152.82
Operating Income	286.38	262.14	377.43	305.83	252.71	258.52
Interest Expense	-8.4	-15.78	-30.51	-21.61	-12.25	-9.23
Interest & Investment Income	37.68	45.35	57.38	47.9	33.38	12.71
Currency Exchange Gain (Loss)	0.08	0.08	-1.48	1.65	1.76	-0.81
Other Non Operating Income (Expenses)	3.73	-1.16	-0.42	-0.59	17.82	-0.3
EBT Excluding Unusual Items	319.46	290.64	402.39	333.18	293.43	260.89
Impairment of Goodwill	-324.18	-324.18	-	-	-	-
Gain (Loss) on Sale of Investments	0.62	1.65	0.33	-0.42	0.64	-1.05
Gain (Loss) on Sale of Assets	0.42	0.37	7.14	-0.04	0	0.26
Asset Writedown	-0.14	-2.56	-0.8	-0.64	-0.03	-0.18
Other Unusual Items	11.66	11.66	22.29	17.48	11.9	8.97
Pretax Income	7.85	-22.42	431.36	355.08	311.06	269.44
Income Tax Expense	58.14	59.8	82.13	78.07	65.54	76.18
Earnings From Continuing Operations	-50.3	-82.21	349.23	277.01	245.53	193.27
Minority Interest in Earnings	2.39	4.25	0.83	0.95	-0.17	2.84
Net Income	-47.91	-77.96	350.06	277.96	245.35	196.11
Net Income to Common	-47.91	-77.96	350.06	277.96	245.35	196.11
Net Income Growth	-	-	25.94%	13.29%	25.11%	153.25%
Shares Outstanding (Basic)	389	390	381	381	377	377
Shares Outstanding (Diluted)	389	390	385	381	377	377
Shares Change (YoY)	0.92%	1.33%	1.03%	0.87%	0.09%	41.24%
EPS (Basic)	-0.12	-0.20	0.92	0.73	0.65	0.52
EPS (Diluted)	-0.12	-0.20	0.91	0.73	0.65	0.52
EPS Growth	-	-	24.66%	12.31%	25.00%	79.31%
Free Cash Flow	352.58	248.31	138	27.49	101.07	136.94
Free Cash Flow Per Share	0.91	0.64	0.36	0.07	0.27	0.36
Dividend Per Share	0.200	0.200	0.150	0.100	0.080	0.080
Dividend Growth	33.33%	33.33%	50.00%	25.00%	-	60.00%
Gross Margin	21.30%	18.78%	19.32%	17.00%	18.95%	20.80%
Operating Margin	10.94%	9.65%	12.38%	9.39%	10.50%	13.07%
Profit Margin	-1.83%	-2.87%	11.49%	8.54%	10.19%	9.92%
Free Cash Flow Margin	13.46%	9.14%	4.53%	0.84%	4.20%	6.93%
EBITDA	408.39	379.82	477.74	390.14	332.11	323.34
EBITDA Margin	15.60%	13.98%	15.68%	11.98%	13.80%	16.35%
D&A For EBITDA	122.02	117.68	100.31	84.31	79.4	64.81
EBIT	286.38	262.14	377.43	305.83	252.71	258.52
EBIT Margin	10.94%	9.65%	12.38%	9.39%	10.50%	13.07%
Effective Tax Rate	741.06%	-	19.04%	21.99%	21.07%	28.27%
Revenue as Reported	2,619	2,717	3,047	3,256	2,407	1,978

Updated Oct 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.