Zhejiang Changsheng Sliding Bearings Co., Ltd. (SHE:300718)

SHE:300718 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,178	1,113	1,082	1,046	964.79	643.23
Other Revenue	20.83	24.75	23.86	25.12	20.19	12.02
Revenue	1,199	1,137	1,105	1,071	984.97	655.25
Revenue Growth (YoY)	6.35%	2.89%	3.18%	8.77%	50.32%	9.05%
Cost of Revenue	790.72	743.8	714.88	763.9	716.58	424.5
Gross Profit	408.19	393.65	390.57	307.49	268.4	230.75
Selling, General & Admin	94.71	88.15	83.5	80.08	77.55	58.37
Research & Development	49.82	49.82	49.68	44.32	41.21	33.4
Other Operating Expenses	14.3	8.57	6.96	8.17	6.45	5.84
Operating Expenses	160.55	147.64	140.25	133.28	124.51	98.85
Operating Income	247.64	246.01	250.33	174.22	143.89	131.9
Interest Expense	-3.19	-3.19	-2.91	-3.35	-1	-
Interest & Investment Income	20.74	16.42	19.3	23.95	28.46	33.57
Currency Exchange Gain (Loss)	15.14	1.97	9.03	7.59	-10.54	-0.39
Other Non Operating Income (Expenses)	-0.73	-0.65	-1.01	-0.28	-0.29	-0.21
EBT Excluding Unusual Items	279.61	260.57	274.75	202.12	160.52	164.87
Gain (Loss) on Sale of Investments	2.4	6.08	5.14	-100.27	4.07	-0.28
Gain (Loss) on Sale of Assets	0.86	-0.16	0.57	0.15	4.17	-0.11
Asset Writedown	-1.08	-0.95	-5.21	-0.07	-0.06	-1.39
Other Unusual Items	9.7	8.94	6.73	11.35	9.73	6.32
Pretax Income	291.48	274.48	281.98	113.28	178.43	169.41
Income Tax Expense	43.39	38.72	40.12	12.14	22.71	23.2
Earnings From Continuing Operations	248.09	235.76	241.85	101.14	155.72	146.22
Minority Interest in Earnings	-8.35	-6.66	0.39	0.95	-0.67	-0.9
Net Income	239.74	229.1	242.24	102.1	155.05	145.32
Net Income to Common	239.74	229.1	242.24	102.1	155.05	145.32
Net Income Growth	0.22%	-5.43%	137.26%	-34.15%	6.69%	13.61%
Shares Outstanding (Basic)	300	298	299	300	298	297
Shares Outstanding (Diluted)	300	298	299	300	298	297
Shares Change (YoY)	0.22%	-0.51%	-0.41%	0.71%	0.54%	0.47%
EPS (Basic)	0.80	0.77	0.81	0.34	0.52	0.49
EPS (Diluted)	0.80	0.77	0.81	0.34	0.52	0.49
EPS Growth	0.00%	-4.94%	138.23%	-34.62%	6.12%	13.09%
Free Cash Flow	165.21	227.58	189.78	76.55	2.13	-1.3
Free Cash Flow Per Share	0.55	0.77	0.64	0.26	0.01	-0.00
Dividend Per Share	0.403	0.403	0.403	0.350	0.350	0.333
Dividend Growth	-	-	15.14%	-	5.01%	127.20%
Gross Margin	34.05%	34.61%	35.33%	28.70%	27.25%	35.22%
Operating Margin	20.66%	21.63%	22.64%	16.26%	14.61%	20.13%
Profit Margin	20.00%	20.14%	21.91%	9.53%	15.74%	22.18%
Free Cash Flow Margin	13.78%	20.01%	17.17%	7.14%	0.22%	-0.20%
EBITDA	347.07	311.2	314.2	232.47	195.3	176.65
EBITDA Margin	28.95%	27.36%	28.42%	21.70%	19.83%	26.96%
D&A For EBITDA	99.42	65.19	63.87	58.26	51.41	44.75
EBIT	247.64	246.01	250.33	174.22	143.89	131.9
EBIT Margin	20.66%	21.63%	22.64%	16.26%	14.61%	20.13%
Effective Tax Rate	14.89%	14.11%	14.23%	10.71%	12.73%	13.69%
Revenue as Reported	1,199	1,137	1,105	1,071	984.97	655.25
Advertising Expenses	-	0.93	0.67	0.28	0.66	0.96

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