Hangzhou Zhongya Machinery Co., Ltd. (SHE:300512)

SHE:300512 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	1,132	1,013	1,014	924	1,059	660.08
Other Revenue	2.82	2.82	4.46	1.91	3.55	1.97
Revenue	1,135	1,015	1,018	925.91	1,063	662.05
Revenue Growth (YoY)	6.86%	-0.29%	9.98%	-12.90%	60.56%	-22.85%
Cost of Revenue	878.86	758.75	743.12	605.23	705.14	482.28
Gross Profit	256.05	256.68	275.24	320.69	357.85	179.77
Selling, General & Admin	169.06	149.45	135.26	146.98	146.92	102.34
Research & Development	65.16	64.72	62.49	49.99	51.11	39.43
Other Operating Expenses	12.98	7.72	5.14	3.98	-0.9	5.76
Operating Expenses	248.01	248	251.21	223.02	217.26	155.13
Operating Income	8.04	8.68	24.04	97.66	140.59	24.64
Interest Expense	-6.45	-8.34	-7.53	-0.75	-0.33	-0.03
Interest & Investment Income	15.36	12.06	12.77	8.45	12.03	19.46
Currency Exchange Gain (Loss)	0.59	0.59	1.05	3	-0.9	-1.94
Other Non Operating Income (Expenses)	1.17	-0.36	-2.33	-0.53	3.62	-0.12
EBT Excluding Unusual Items	18.71	12.63	28	107.83	155	42.01
Impairment of Goodwill	-1	-1	-1.1	-1.84	-	-
Gain (Loss) on Sale of Investments	2.51	-0.5	0.48	-4.88	0.45	-4.19
Gain (Loss) on Sale of Assets	-0.04	-0.29	0.04	0.01	0.09	-0.05
Asset Writedown	-5.1	-1.7	-0.67	-1.31	-0.21	-
Other Unusual Items	23.68	14.4	13.24	5.36	-	10.03
Pretax Income	38.76	23.56	39.99	105.18	155.34	47.8
Income Tax Expense	1.97	-0.63	3.92	14.34	23.39	5.61
Earnings From Continuing Operations	36.79	24.19	36.07	90.83	131.95	42.2
Minority Interest in Earnings	-2.52	2.16	5.01	2.03	0.61	2
Net Income	34.27	26.35	41.07	92.86	132.56	44.2
Net Income to Common	34.27	26.35	41.07	92.86	132.56	44.2
Net Income Growth	85.65%	-35.84%	-55.77%	-29.95%	199.93%	-59.32%
Shares Outstanding (Basic)	403	405	411	404	402	414
Shares Outstanding (Diluted)	403	405	411	404	414	414
Shares Change (YoY)	-2.20%	-1.29%	1.73%	-2.54%	0.01%	1.67%
EPS (Basic)	0.09	0.07	0.10	0.23	0.33	0.11
EPS (Diluted)	0.09	0.07	0.10	0.23	0.32	0.11
EPS Growth	89.81%	-35.00%	-56.52%	-28.13%	199.91%	-59.99%
Free Cash Flow	93.81	-25.19	9.62	-118.58	-166.24	57.59
Free Cash Flow Per Share	0.23	-0.06	0.02	-0.29	-0.40	0.14
Dividend Per Share	0.060	0.060	0.100	0.030	0.050	0.027
Dividend Growth	-45.45%	-40.00%	233.33%	-40.00%	87.27%	-49.91%
Gross Margin	22.56%	25.28%	27.03%	34.63%	33.66%	27.15%
Operating Margin	0.71%	0.85%	2.36%	10.55%	13.23%	3.72%
Profit Margin	3.02%	2.60%	4.03%	10.03%	12.47%	6.68%
Free Cash Flow Margin	8.27%	-2.48%	0.94%	-12.81%	-15.64%	8.70%
EBITDA	45.62	47.48	64.48	135.97	175	54.81
EBITDA Margin	4.02%	4.68%	6.33%	14.69%	16.46%	8.28%
D&A For EBITDA	37.58	38.8	40.44	38.31	34.41	30.18
EBIT	8.04	8.68	24.04	97.66	140.59	24.64
EBIT Margin	0.71%	0.85%	2.36%	10.55%	13.23%	3.72%
Effective Tax Rate	5.07%	-	9.81%	13.64%	15.06%	11.73%
Revenue as Reported	1,135	1,015	1,018	925.91	1,063	662.05
Advertising Expenses	-	9.1	6.33	2.53	3.04	5.19

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