Zhejiang Wellsun Intelligent Technology Co.,Ltd. (SHE:300882)

SHE:300882 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	942.07	933.29	1,105	834.55	498.61	568.96
Other Revenue	4.1	4.1	14.34	9.59	47.68	2.14
Revenue	946.17	937.39	1,119	844.14	546.29	571.1
Revenue Growth (YoY)	-16.36%	-16.25%	32.60%	54.52%	-4.35%	0.56%
Cost of Revenue	639.6	631.93	710.61	558.73	385.63	391.74
Gross Profit	306.58	305.46	408.72	285.41	160.66	179.36
Selling, General & Admin	123.65	119.73	111.23	97.36	69.75	51.15
Research & Development	85.76	83.13	58.56	57.18	46.54	34.3
Other Operating Expenses	-5.5	-10.98	-22.52	-15.31	-5.44	-6.52
Operating Expenses	210.84	194.52	147.17	144.79	105.44	88.58
Operating Income	95.74	110.93	261.55	140.62	55.22	90.78
Interest Expense	-0.1	-0.1	-0.03	-0.07	-0.08	-0.01
Interest & Investment Income	17.25	19.39	21.72	6.62	12.28	3.76
Currency Exchange Gain (Loss)	1.12	1.12	0.6	1.6	-0.4	0
Other Non Operating Income (Expenses)	-0.57	-0.45	-0.24	-0.35	-0.3	-0.17
EBT Excluding Unusual Items	113.44	130.89	283.59	148.42	66.72	94.36
Gain (Loss) on Sale of Investments	1.33	1.33	0.65	-	-	-
Gain (Loss) on Sale of Assets	0.01	-	-0	0.06	-	-
Asset Writedown	1.8	-0.21	-0.38	-0.04	-0.03	-0.02
Other Unusual Items	7.96	0.69	3.16	4.35	4.18	4.47
Pretax Income	124.54	132.7	287.02	152.79	70.87	98.81
Income Tax Expense	12.58	13.78	36.93	17.62	5.69	11.48
Net Income	111.95	118.92	250.08	135.17	65.18	87.34
Net Income to Common	111.95	118.92	250.08	135.17	65.18	87.34
Net Income Growth	-56.34%	-52.45%	85.02%	107.39%	-25.37%	16.02%
Shares Outstanding (Basic)	281	283	287	287	285	231
Shares Outstanding (Diluted)	281	283	287	287	285	231
Shares Change (YoY)	-2.32%	-1.50%	0.25%	0.57%	23.60%	7.75%
EPS (Basic)	0.40	0.42	0.87	0.47	0.23	0.38
EPS (Diluted)	0.40	0.42	0.87	0.47	0.23	0.38
EPS Growth	-55.30%	-51.72%	84.56%	106.21%	-39.62%	7.68%
Free Cash Flow	79.96	115.63	356.54	26.58	5.52	-150.82
Free Cash Flow Per Share	0.28	0.41	1.24	0.09	0.02	-0.65
Dividend Per Share	0.050	0.050	0.040	0.143	0.036	0.165
Dividend Growth	25.00%	25.00%	-72.01%	300.28%	-78.34%	-
Gross Margin	32.40%	32.59%	36.52%	33.81%	29.41%	31.41%
Operating Margin	10.12%	11.83%	23.37%	16.66%	10.11%	15.90%
Profit Margin	11.83%	12.69%	22.34%	16.01%	11.93%	15.29%
Free Cash Flow Margin	8.45%	12.34%	31.85%	3.15%	1.01%	-26.41%
EBITDA	132.58	147.76	298.33	169.32	70.5	102.79
EBITDA Margin	14.01%	15.76%	26.65%	20.06%	12.91%	18.00%
D&A For EBITDA	36.85	36.83	36.78	28.7	15.28	12
EBIT	95.74	110.93	261.55	140.62	55.22	90.78
EBIT Margin	10.12%	11.83%	23.37%	16.66%	10.11%	15.90%
Effective Tax Rate	10.11%	10.39%	12.87%	11.53%	8.03%	11.62%
Revenue as Reported	946.17	937.39	1,119	844.14	546.29	571.1

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.