Zhejiang Wandekai Fluid Equipment Technology Co., Ltd. (SHE:301309)

SHE:301309 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	867.77	992.58	688.06	775.65	745.91	558.6
Other Revenue	3.69	3.69	1.13	1.19	0.46	0.87
Revenue	871.45	996.27	689.19	776.84	746.37	559.46
Revenue Growth (YoY)	-7.92%	44.55%	-11.28%	4.08%	33.41%	9.22%
Cost of Revenue	671.39	769.33	523.07	578.19	557.59	416.8
Gross Profit	200.06	226.94	166.12	198.65	188.78	142.66
Selling, General & Admin	60.17	53.18	48.67	47.52	36.79	22.09
Research & Development	28.88	30.13	23.93	25.94	25.99	19.92
Other Operating Expenses	5.01	3.22	4.76	4.54	3.16	0.82
Operating Expenses	92.37	89.39	79.1	77.32	66.75	43.7
Operating Income	107.69	137.55	87.02	121.32	122.03	98.96
Interest Expense	-2.88	-3.77	-4.14	-2.61	-3.25	-3.93
Interest & Investment Income	15.05	25.52	26.83	6.2	2.54	0.49
Currency Exchange Gain (Loss)	11.17	11.17	7.28	4.05	-2.33	-14.41
Other Non Operating Income (Expenses)	-3.22	-0.29	-0.23	-0.77	-0.13	-0.76
EBT Excluding Unusual Items	127.81	170.18	116.76	128.2	118.85	80.36
Gain (Loss) on Sale of Investments	0.45	0.12	-0.01	-2.25	0.54	-0.01
Gain (Loss) on Sale of Assets	-0.37	-0.49	-0.01	-0.44	-	0
Asset Writedown	-1.69	-5.46	-	-	-	-0
Other Unusual Items	0.49	1.01	0.7	14.09	2.43	-
Pretax Income	126.69	165.36	117.45	139.6	121.83	80.35
Income Tax Expense	9.6	16.3	14.2	15.01	15.71	10.01
Earnings From Continuing Operations	117.09	149.05	103.25	124.59	106.12	70.34
Minority Interest in Earnings	0.88	1.09	0.65	0.49	0.68	-
Net Income	117.97	150.15	103.9	125.07	106.79	70.34
Net Income to Common	117.97	150.15	103.9	125.07	106.79	70.34
Net Income Growth	-19.28%	44.52%	-16.93%	17.12%	51.83%	37.61%
Shares Outstanding (Basic)	100	100	100	81	75	75
Shares Outstanding (Diluted)	102	100	100	81	75	75
Shares Change (YoY)	1.46%	0.20%	23.00%	7.99%	0.28%	7.14%
EPS (Basic)	1.18	1.50	1.04	1.54	1.42	0.94
EPS (Diluted)	1.16	1.50	1.04	1.54	1.42	0.94
EPS Growth	-20.44%	44.23%	-32.47%	8.45%	51.41%	28.47%
Free Cash Flow	-7.47	-95.54	-144.66	129.72	-78.3	-46.04
Free Cash Flow Per Share	-0.07	-0.95	-1.45	1.60	-1.04	-0.61
Dividend Per Share	0.300	0.300	0.300	0.600	-	-
Dividend Growth	-	-	-50.00%	-	-	-
Gross Margin	22.96%	22.78%	24.10%	25.57%	25.29%	25.50%
Operating Margin	12.36%	13.81%	12.63%	15.62%	16.35%	17.69%
Profit Margin	13.54%	15.07%	15.07%	16.10%	14.31%	12.57%
Free Cash Flow Margin	-0.86%	-9.59%	-20.99%	16.70%	-10.49%	-8.23%
EBITDA	146.87	170.35	111.31	140.32	137.74	112.48
EBITDA Margin	16.85%	17.10%	16.15%	18.06%	18.45%	20.10%
D&A For EBITDA	39.18	32.8	24.29	19	15.71	13.52
EBIT	107.69	137.55	87.02	121.32	122.03	98.96
EBIT Margin	12.36%	13.81%	12.63%	15.62%	16.35%	17.69%
Effective Tax Rate	7.58%	9.86%	12.09%	10.76%	12.89%	12.46%
Revenue as Reported	871.45	996.27	689.19	776.84	746.37	559.46

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