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

SHE:301092 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	638.99	570.77	524.16	551.85	444.03	434.4
Other Revenue	1.07	1.07	2.04	124.19	7.31	60.02
Revenue	640.06	571.84	526.2	676.04	451.34	494.42
Revenue Growth (YoY)	16.04%	8.67%	-22.16%	49.78%	-8.71%	13.55%
Cost of Revenue	445.09	394.98	350.51	417.02	305.97	287.1
Gross Profit	194.97	176.86	175.69	259.02	145.38	207.32
Selling, General & Admin	61.73	57.84	55.32	48.51	44.28	35.53
Research & Development	30.96	29.8	26.13	23.22	17.67	16.38
Other Operating Expenses	8.66	3.22	3.14	4.25	4.53	4.96
Operating Expenses	103.63	92.6	85.11	77.43	66.4	56.81
Operating Income	91.34	84.25	90.58	181.58	78.98	150.51
Interest Expense	-0.63	-0.71	-0.49	-0.2	-0.31	-1.4
Interest & Investment Income	17.66	23.43	32.74	33.93	4.97	0.44
Currency Exchange Gain (Loss)	1.01	1.01	0.6	3.79	-1.74	-0.68
Other Non Operating Income (Expenses)	0.77	-0.34	-0.15	-0.14	-0.13	-0.2
EBT Excluding Unusual Items	110.14	107.64	123.28	218.96	81.77	148.67
Gain (Loss) on Sale of Investments	3.83	6.04	3.75	-	-	-
Gain (Loss) on Sale of Assets	0.07	0.14	-0.01	-0.2	-0.01	-
Asset Writedown	-0.1	0.25	-0.26	-2.92	-0.06	-0.11
Other Unusual Items	5.42	4.76	2.23	1.88	2.65	4.5
Pretax Income	119.37	118.83	128.99	217.72	84.35	153.07
Income Tax Expense	14.64	15.83	20.2	39.89	10.68	25.64
Net Income	104.72	103	108.79	177.82	73.67	127.43
Net Income to Common	104.72	103	108.79	177.82	73.67	127.43
Net Income Growth	3.07%	-5.33%	-38.82%	141.37%	-42.18%	80.78%
Shares Outstanding (Basic)	134	134	134	134	105	100
Shares Outstanding (Diluted)	134	134	134	134	105	100
Shares Change (YoY)	0.43%	-0.41%	0.45%	27.04%	4.90%	0.34%
EPS (Basic)	0.78	0.77	0.81	1.33	0.70	1.27
EPS (Diluted)	0.78	0.77	0.81	1.33	0.70	1.27
EPS Growth	2.63%	-4.94%	-39.10%	90.00%	-44.88%	81.43%
Free Cash Flow	-268.71	-304.62	-100.39	-33.39	31.2	87.05
Free Cash Flow Per Share	-2.00	-2.28	-0.75	-0.25	0.30	0.87
Dividend Per Share	0.260	0.260	0.260	0.120	0.120	-
Dividend Growth	-	-	116.67%	-	-	-
Gross Margin	30.46%	30.93%	33.39%	38.31%	32.21%	41.93%
Operating Margin	14.27%	14.73%	17.21%	26.86%	17.50%	30.44%
Profit Margin	16.36%	18.01%	20.67%	26.30%	16.32%	25.77%
Free Cash Flow Margin	-41.98%	-53.27%	-19.08%	-4.94%	6.91%	17.61%
EBITDA	123.87	109.37	105.81	194.87	96.05	169.47
EBITDA Margin	19.35%	19.13%	20.11%	28.83%	21.28%	34.28%
D&A For EBITDA	32.53	25.12	15.23	13.29	17.07	18.96
EBIT	91.34	84.25	90.58	181.58	78.98	150.51
EBIT Margin	14.27%	14.73%	17.21%	26.86%	17.50%	30.44%
Effective Tax Rate	12.27%	13.32%	15.66%	18.32%	12.66%	16.75%
Revenue as Reported	640.06	571.84	526.2	676.04	451.34	494.42
Advertising Expenses	-	7.81	4.7	4.61	5.35	3.38

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