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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,013	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	1,017	937.39	1,119	844.14	546.29	571.1
Revenue Growth (YoY)	-9.20%	-16.25%	32.60%	54.52%	-4.35%	0.56%
Cost of Revenue	672.5	631.93	710.61	558.73	385.63	391.74
Gross Profit	344.58	305.46	408.72	285.41	160.66	179.36
Selling, General & Admin	127.92	119.73	111.23	97.36	69.75	51.15
Research & Development	91.12	83.13	58.56	57.18	46.54	34.3
Other Operating Expenses	-16.2	-10.98	-22.52	-15.31	-5.44	-6.52
Operating Expenses	214.88	194.52	147.17	144.79	105.44	88.58
Operating Income	129.7	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	21.2	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)	-9.81	-0.45	-0.24	-0.35	-0.3	-0.17
EBT Excluding Unusual Items	142.11	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	-	-0	0.06	-	-
Asset Writedown	0.11	-0.21	-0.38	-0.04	-0.03	-0.02
Other Unusual Items	0.69	0.69	3.16	4.35	4.18	4.47
Pretax Income	144.24	132.7	287.02	152.79	70.87	98.81
Income Tax Expense	14.18	13.78	36.93	17.62	5.69	11.48
Net Income	130.05	118.92	250.08	135.17	65.18	87.34
Net Income to Common	130.05	118.92	250.08	135.17	65.18	87.34
Net Income Growth	-46.21%	-52.45%	85.02%	107.39%	-25.37%	16.02%
Shares Outstanding (Basic)	283	283	287	287	285	231
Shares Outstanding (Diluted)	283	283	287	287	285	231
Shares Change (YoY)	-1.82%	-1.50%	0.25%	0.57%	23.60%	7.75%
EPS (Basic)	0.46	0.42	0.87	0.47	0.23	0.38
EPS (Diluted)	0.46	0.42	0.87	0.47	0.23	0.38
EPS Growth	-45.22%	-51.72%	84.56%	106.21%	-39.62%	7.68%
Free Cash Flow	-93.14	115.63	356.54	26.58	5.52	-150.82
Free Cash Flow Per Share	-0.33	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	33.88%	32.59%	36.52%	33.81%	29.41%	31.41%
Operating Margin	12.75%	11.83%	23.37%	16.66%	10.11%	15.90%
Profit Margin	12.79%	12.69%	22.34%	16.01%	11.93%	15.29%
Free Cash Flow Margin	-9.16%	12.34%	31.85%	3.15%	1.01%	-26.41%
EBITDA	167.5	147.76	298.33	169.32	70.5	102.79
EBITDA Margin	16.47%	15.76%	26.65%	20.06%	12.91%	18.00%
D&A For EBITDA	37.8	36.83	36.78	28.7	15.28	12
EBIT	129.7	110.93	261.55	140.62	55.22	90.78
EBIT Margin	12.75%	11.83%	23.37%	16.66%	10.11%	15.90%
Effective Tax Rate	9.83%	10.39%	12.87%	11.53%	8.03%	11.62%
Revenue as Reported	1,017	937.39	1,119	844.14	546.29	571.1

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.