Zhe Kuang Heavy Industry Co.,Ltd. (SHE:300837)

Zhe Kuang Heavy Industry 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	542.83	650.68	544.2	691.35	571.32	461.56
Other Revenue	2.43	2.43	3.76	3.45	1.93	1.26
Revenue	545.25	653.11	547.97	694.8	573.25	462.82
Revenue Growth (YoY)	-12.38%	19.19%	-21.13%	21.20%	23.86%	25.29%
Cost of Revenue	389.53	441.58	325.72	406.11	322.92	261.41
Gross Profit	155.72	211.53	222.24	288.7	250.33	201.41
Selling, General & Admin	78.18	77.35	63.19	52.52	57.12	46.06
Research & Development	16.54	20.88	20.32	21.81	17.79	14.7
Other Operating Expenses	3.62	3.93	5.3	3.74	1.5	2.73
Operating Expenses	112.78	123.18	99.81	88.89	82.31	68.21
Operating Income	42.94	88.35	122.43	199.81	168.02	133.2
Interest Expense	-0.85	-0.85	-7.79	-0.08	-	-
Interest & Investment Income	2.75	5.46	12.32	14.79	13.1	6.7
Currency Exchange Gain (Loss)	0.57	0.57	-0.07	4.57	-1.32	-3.86
Other Non Operating Income (Expenses)	-2.37	-2.34	-1.05	-0.95	-0.13	-0.5
EBT Excluding Unusual Items	43.06	91.2	125.85	218.14	179.67	135.54
Gain (Loss) on Sale of Investments	0.14	-	-	-1.89	0.65	-
Gain (Loss) on Sale of Assets	-	-	0	-0.02	-	-
Asset Writedown	0.3	-	-	-	-0.02	-
Other Unusual Items	5.89	5.97	1.72	-0.15	3.49	6.77
Pretax Income	49.39	97.16	127.58	216.07	183.8	142.31
Income Tax Expense	12.3	17.03	20.73	29.52	26.2	21.17
Earnings From Continuing Operations	37.09	80.13	106.84	186.55	157.6	121.14
Minority Interest in Earnings	-2.57	-0.27	0.17	-	-	-
Net Income	34.53	79.87	107.01	186.55	157.6	121.14
Net Income to Common	34.53	79.87	107.01	186.55	157.6	121.14
Net Income Growth	-69.96%	-25.36%	-42.64%	18.37%	30.10%	25.93%
Shares Outstanding (Basic)	100	100	100	100	100	88
Shares Outstanding (Diluted)	109	106	100	100	100	88
Shares Change (YoY)	8.70%	6.48%	0.25%	0.01%	13.63%	16.80%
EPS (Basic)	0.34	0.80	1.07	1.87	1.58	1.38
EPS (Diluted)	0.32	0.75	1.07	1.87	1.58	1.38
EPS Growth	-72.36%	-29.91%	-42.78%	18.35%	14.49%	7.81%
Free Cash Flow	23.31	27.04	-20.49	-57.49	-8.19	37.04
Free Cash Flow Per Share	0.21	0.25	-0.20	-0.58	-0.08	0.42
Dividend Per Share	0.300	0.300	0.300	0.300	0.300	0.300
Gross Margin	28.56%	32.39%	40.56%	41.55%	43.67%	43.52%
Operating Margin	7.88%	13.53%	22.34%	28.76%	29.31%	28.78%
Profit Margin	6.33%	12.23%	19.53%	26.85%	27.49%	26.17%
Free Cash Flow Margin	4.28%	4.14%	-3.74%	-8.28%	-1.43%	8.00%
EBITDA	80.04	124.93	156.94	227.72	186.94	145.95
EBITDA Margin	14.68%	19.13%	28.64%	32.77%	32.61%	31.54%
D&A For EBITDA	37.1	36.58	34.51	27.91	18.92	12.75
EBIT	42.94	88.35	122.43	199.81	168.02	133.2
EBIT Margin	7.88%	13.53%	22.34%	28.76%	29.31%	28.78%
Effective Tax Rate	24.90%	17.53%	16.25%	13.66%	14.25%	14.88%
Revenue as Reported	545.25	653.11	547.97	694.8	573.25	462.82
Advertising Expenses	-	4.34	2.81	2.19	2	3.08

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