Zhejiang Cayi Vacuum Container Co., Ltd. (SHE:301004)

SHE:301004 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,762	1,725	1,229	571.25	350.46
Other Revenue	73.89	50.07	30.08	14.38	5.12
Revenue	2,836	1,775	1,260	585.63	355.59
Revenue Growth (YoY)	59.76%	40.96%	115.07%	64.69%	-12.19%
Cost of Revenue	1,768	1,062	842.1	419.75	229.78
Gross Profit	1,068	713.38	417.44	165.88	125.8
Selling, General & Admin	126.01	106.62	78.35	41.98	37.03
Research & Development	92.36	67	43.21	27.42	18.23
Other Operating Expenses	19.16	10.05	3.86	2.34	2.04
Operating Expenses	246.52	187.68	130.59	71.74	57.3
Operating Income	821.79	525.7	286.84	94.15	68.5
Interest Expense	-6.13	-1.59	-0.06	-0.03	-
Interest & Investment Income	23.79	23.56	13.07	6.3	2.64
Currency Exchange Gain (Loss)	21.78	2.68	22.09	-3.63	-7.99
Other Non Operating Income (Expenses)	-0.22	-0.19	-0.07	-1.1	-1.82
EBT Excluding Unusual Items	861.01	550.16	321.87	95.68	61.33
Gain (Loss) on Sale of Investments	-6.79	-14.79	-15.98	0.31	3.5
Gain (Loss) on Sale of Assets	0.67	0.01	-2.59	-0.99	0.48
Asset Writedown	-0.8	-1.57	-2.75	-3.88	-
Other Unusual Items	7.08	10.99	9.78	1.93	9.51
Pretax Income	861.16	544.79	310.33	93.05	74.82
Income Tax Expense	128.22	72.76	39.18	11.52	10.52
Earnings From Continuing Operations	732.94	472.03	271.16	81.53	64.3
Minority Interest in Earnings	-	-	0.75	0.64	0.53
Net Income	732.94	472.03	271.91	82.17	64.84
Net Income to Common	732.94	472.03	271.91	82.17	64.84
Net Income Growth	55.27%	73.60%	230.90%	26.73%	-9.82%
Shares Outstanding (Basic)	102	100	100	87	75
Shares Outstanding (Diluted)	103	102	100	87	75
Shares Change (YoY)	1.41%	1.77%	14.36%	15.95%	0.52%
EPS (Basic)	7.20	4.71	2.72	0.94	0.86
EPS (Diluted)	7.13	4.64	2.72	0.94	0.86
EPS Growth	53.69%	70.59%	189.36%	9.30%	-10.29%
Free Cash Flow	35.52	299.07	137.73	4.1	56.54
Free Cash Flow Per Share	0.34	2.94	1.38	0.05	0.75
Dividend Per Share	3.000	2.000	1.000	0.500	-
Dividend Growth	50.00%	100.00%	100.00%	-	-
Gross Margin	37.66%	40.18%	33.14%	28.33%	35.38%
Operating Margin	28.97%	29.61%	22.77%	16.08%	19.26%
Profit Margin	25.84%	26.59%	21.59%	14.03%	18.23%
Free Cash Flow Margin	1.25%	16.84%	10.94%	0.70%	15.90%
EBITDA	866.56	552.27	301.03	107.53	80.7
EBITDA Margin	30.55%	31.11%	23.90%	18.36%	22.70%
D&A For EBITDA	44.77	26.57	14.19	13.38	12.2
EBIT	821.79	525.7	286.84	94.15	68.5
EBIT Margin	28.97%	29.61%	22.77%	16.08%	19.26%
Effective Tax Rate	14.89%	13.36%	12.62%	12.38%	14.06%
Revenue as Reported	2,836	1,775	1,260	585.63	355.59
Advertising Expenses	1.3	3.29	2.94	2.18	0.95

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