Zhejiang ZUCH Technology Co., Ltd (SHE:301280)

Zhejiang ZUCH Technology 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,765	1,587	1,207	1,027	1,037	700.89
Other Revenue	15.49	15.49	9.71	16.59	14.27	8.21
Revenue	1,781	1,603	1,216	1,044	1,051	709.1
Revenue Growth (YoY)	22.35%	31.77%	16.56%	-0.70%	48.21%	13.08%
Cost of Revenue	1,374	1,216	913.07	801.9	773.39	499.59
Gross Profit	406.92	386.87	303.37	241.76	277.58	209.51
Selling, General & Admin	114.72	100.95	83.75	63.04	59.27	47.76
Research & Development	71.07	64.72	63.76	39	33.08	22.91
Other Operating Expenses	0.07	-2.92	2.77	5.56	5.39	3.78
Operating Expenses	201.93	182.26	156.3	111.25	106.72	83.47
Operating Income	204.99	204.61	147.07	130.51	170.86	126.03
Interest Expense	-1.99	-1.53	-1.16	-2.32	-3.63	-3.01
Interest & Investment Income	52.07	21.42	28.88	0.15	0.04	0.04
Currency Exchange Gain (Loss)	1.21	1.21	0.25	1.46	-0.3	-0.44
Other Non Operating Income (Expenses)	-1.64	-0.57	-1.23	-0.42	-0.11	-0.11
EBT Excluding Unusual Items	254.64	225.15	173.81	129.38	166.87	122.52
Gain (Loss) on Sale of Investments	4.62	4.8	-1.48	-1.18	-2.45	-3.41
Gain (Loss) on Sale of Assets	0.3	0.03	0.45	-0.7	0.3	0.39
Asset Writedown	-4	-0.36	-0.66	-0.36	-0.02	-0.41
Other Unusual Items	3.55	3.55	11.64	10.15	6.71	6.08
Pretax Income	259.11	233.17	183.77	137.29	171.41	125.16
Income Tax Expense	35.7	36.04	23.01	15.61	24.97	17.58
Earnings From Continuing Operations	223.41	197.13	160.76	121.68	146.44	107.58
Minority Interest in Earnings	-11.7	-11.42	-13.82	-11.58	-9.25	-3.9
Net Income	211.71	185.7	146.94	110.09	137.19	103.69
Net Income to Common	211.71	185.7	146.94	110.09	137.19	103.69
Net Income Growth	21.27%	26.38%	33.47%	-19.75%	32.31%	67.04%
Shares Outstanding (Basic)	136	135	137	103	103	102
Shares Outstanding (Diluted)	136	135	137	103	103	102
Shares Change (YoY)	-0.20%	-1.27%	33.47%	0.22%	0.76%	2.26%
EPS (Basic)	1.56	1.37	1.07	1.07	1.34	1.02
EPS (Diluted)	1.56	1.37	1.07	1.07	1.34	1.02
EPS Growth	21.51%	28.00%	-	-19.93%	31.31%	63.35%
Free Cash Flow	-133.61	-131.51	139.26	-35.54	-100.7	-68.26
Free Cash Flow Per Share	-0.98	-0.97	1.01	-0.35	-0.98	-0.67
Dividend Per Share	0.857	0.857	0.714	0.476	-	0.191
Dividend Growth	19.99%	19.99%	50.00%	-	-	-42.84%
Gross Margin	22.85%	24.14%	24.94%	23.16%	26.41%	29.55%
Operating Margin	11.51%	12.77%	12.09%	12.50%	16.26%	17.77%
Profit Margin	11.89%	11.58%	12.08%	10.55%	13.05%	14.62%
Free Cash Flow Margin	-7.50%	-8.20%	11.45%	-3.40%	-9.58%	-9.63%
EBITDA	231.51	232.31	176.36	153.83	190.84	142.01
EBITDA Margin	13.00%	14.49%	14.50%	14.74%	18.16%	20.03%
D&A For EBITDA	26.52	27.71	29.29	23.32	19.98	15.98
EBIT	204.99	204.61	147.07	130.51	170.86	126.03
EBIT Margin	11.51%	12.77%	12.09%	12.50%	16.26%	17.77%
Effective Tax Rate	13.78%	15.46%	12.52%	11.37%	14.57%	14.04%
Revenue as Reported	1,781	1,603	1,216	1,044	1,051	-
Advertising Expenses	-	0.55	0.7	0.22	0.21	0.04

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