Zhejiang Zhengguang Industrial Co., Ltd. (SHE:301092)

SHE:301092 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	549.53	524.16	551.85	444.03	434.4	429.42
Other Revenue	2.04	2.04	124.19	7.31	60.02	6.01
Revenue	551.58	526.2	676.04	451.34	494.42	435.43
Revenue Growth (YoY)	5.66%	-22.16%	49.78%	-8.71%	13.55%	10.56%
Cost of Revenue	386.8	350.51	417.02	305.97	287.1	271.07
Gross Profit	164.78	175.69	259.02	145.38	207.32	164.35
Selling, General & Admin	52.92	55.32	48.51	44.28	35.53	59.86
Research & Development	27.87	26.13	23.22	17.67	16.38	16.84
Other Operating Expenses	-1.44	3.14	4.25	4.53	4.96	3.18
Operating Expenses	81	85.11	77.43	66.4	56.81	79.52
Operating Income	83.77	90.58	181.58	78.98	150.51	84.84
Interest Expense	-0.95	-0.49	-0.2	-0.31	-1.4	-3.13
Interest & Investment Income	35.23	32.74	33.93	4.97	0.44	0.14
Currency Exchange Gain (Loss)	0.6	0.6	3.79	-1.74	-0.68	-0.1
Other Non Operating Income (Expenses)	-1.59	-0.15	-0.14	-0.13	-0.2	-0.31
EBT Excluding Unusual Items	117.06	123.28	218.96	81.77	148.67	81.44
Gain (Loss) on Sale of Investments	3.46	3.75	-	-	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.08	-0.2	-0.01	-	-
Asset Writedown	-0.3	-0.26	-2.92	-0.06	-0.11	-1.14
Other Unusual Items	2.15	2.3	1.88	2.65	4.5	1.97
Pretax Income	122.29	128.99	217.72	84.35	153.07	82.28
Income Tax Expense	20.69	20.2	39.89	10.68	25.64	11.79
Earnings From Continuing Operations	101.6	108.79	177.82	73.67	127.43	70.49
Net Income	101.6	108.79	177.82	73.67	127.43	70.49
Net Income to Common	101.6	108.79	177.82	73.67	127.43	70.49
Net Income Growth	-7.64%	-38.82%	141.37%	-42.18%	80.78%	35.79%
Shares Outstanding (Basic)	134	134	134	105	100	100
Shares Outstanding (Diluted)	134	134	134	105	100	100
Shares Change (YoY)	-0.31%	0.45%	27.04%	4.90%	0.34%	-
EPS (Basic)	0.76	0.81	1.33	0.70	1.27	0.70
EPS (Diluted)	0.76	0.81	1.33	0.70	1.27	0.70
EPS Growth	-7.35%	-39.10%	90.00%	-44.88%	81.43%	34.86%
Free Cash Flow	-273.44	-100.39	-33.39	31.2	87.05	86.07
Free Cash Flow Per Share	-2.04	-0.75	-0.25	0.30	0.87	0.86
Dividend Per Share	0.260	0.260	0.120	0.120	-	-
Dividend Growth	116.67%	116.67%	-	-	-	-
Gross Margin	29.87%	33.39%	38.31%	32.21%	41.93%	37.74%
Operating Margin	15.19%	17.21%	26.86%	17.50%	30.44%	19.48%
Profit Margin	18.42%	20.67%	26.30%	16.32%	25.77%	16.19%
Free Cash Flow Margin	-49.58%	-19.08%	-4.94%	6.91%	17.61%	19.77%
EBITDA	100.46	105.81	194.87	96.05	169.47	103.81
EBITDA Margin	18.21%	20.11%	28.83%	21.28%	34.28%	23.84%
D&A For EBITDA	16.69	15.23	13.29	17.07	18.96	18.98
EBIT	83.77	90.58	181.58	78.98	150.51	84.84
EBIT Margin	15.19%	17.21%	26.86%	17.50%	30.44%	19.48%
Effective Tax Rate	16.92%	15.66%	18.32%	12.66%	16.75%	14.33%
Revenue as Reported	551.58	526.2	676.04	451.34	494.42	-
Advertising Expenses	-	4.7	4.61	5.35	3.38	3.48

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