Ziel Home Furnishing Technology Co., Ltd. (SHE:301376)

SHE:301376 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	8,282	8,032	5,984	5,378	5,959	3,968
Other Revenue	91.37	91.37	90.64	77.43	8.7	3.12
Revenue	8,373	8,124	6,074	5,455	5,967	3,971
Revenue Growth (YoY)	25.95%	33.74%	11.34%	-8.58%	50.27%	70.75%
Cost of Revenue	5,522	5,350	3,887	3,752	4,107	2,492
Gross Profit	2,851	2,774	2,187	1,704	1,861	1,479
Selling, General & Admin	2,389	2,306	1,654	1,375	1,490	993.1
Research & Development	77.14	77.29	60.07	45.01	24.51	12.77
Other Operating Expenses	12.02	10.1	5.58	4.43	1.03	0.56
Operating Expenses	2,492	2,398	1,722	1,425	1,517	1,009
Operating Income	359.29	375.55	465.18	278.43	343.61	469.82
Interest Expense	-49.9	-47.34	-35.32	-31.91	-19.54	-0.51
Interest & Investment Income	85.54	85.45	59.74	24.48	23.05	7.15
Currency Exchange Gain (Loss)	-17.73	-17.73	38.92	39.38	-71.75	-4.14
Other Non Operating Income (Expenses)	48.28	-6.25	-18.99	-4.05	-3.7	-6.08
EBT Excluding Unusual Items	425.49	389.69	509.54	306.33	271.68	466.24
Gain (Loss) on Sale of Investments	-14.01	-0.37	-22.64	-7.39	23.64	-0.1
Gain (Loss) on Sale of Assets	8.5	8.5	-0.12	0.16	0.46	-0.33
Other Unusual Items	5.85	6.3	0.86	9.65	2.78	0.3
Pretax Income	425.33	404.11	487.64	308.75	298.55	466.11
Income Tax Expense	81.4	70.54	74.76	58.63	58.73	85.86
Earnings From Continuing Operations	343.93	333.57	412.88	250.11	239.82	380.25
Net Income	343.93	333.57	412.88	250.11	239.82	380.25
Net Income to Common	343.93	333.57	412.88	250.11	239.82	380.25
Net Income Growth	-19.27%	-19.21%	65.08%	4.29%	-36.93%	252.10%
Shares Outstanding (Basic)	400	402	382	362	361	352
Shares Outstanding (Diluted)	400	402	382	362	361	352
Shares Change (YoY)	2.18%	5.13%	5.47%	0.31%	2.75%	-
EPS (Basic)	0.86	0.83	1.08	0.69	0.66	1.08
EPS (Diluted)	0.86	0.83	1.08	0.69	0.66	1.08
EPS Growth	-21.00%	-23.15%	56.52%	4.54%	-38.89%	-
Free Cash Flow	2,496	2,248	1,488	974.94	230.17	-222.67
Free Cash Flow Per Share	6.23	5.59	3.89	2.69	0.64	-0.63
Dividend Per Share	0.300	0.300	0.500	-	-	-
Dividend Growth	-40.00%	-40.00%	-	-	-	-
Gross Margin	34.05%	34.15%	36.01%	31.23%	31.18%	37.24%
Operating Margin	4.29%	4.62%	7.66%	5.10%	5.76%	11.83%
Profit Margin	4.11%	4.11%	6.80%	4.58%	4.02%	9.58%
Free Cash Flow Margin	29.80%	27.67%	24.50%	17.87%	3.86%	-5.61%
EBITDA	368.05	384.17	473.22	285.64	347.59	472.03
EBITDA Margin	4.40%	4.73%	7.79%	5.24%	5.83%	11.89%
D&A For EBITDA	8.76	8.62	8.04	7.21	3.98	2.21
EBIT	359.29	375.55	465.18	278.43	343.61	469.82
EBIT Margin	4.29%	4.62%	7.66%	5.10%	5.76%	11.83%
Effective Tax Rate	19.14%	17.46%	15.33%	18.99%	19.67%	18.42%
Revenue as Reported	8,373	8,124	6,074	5,455	-	-
Advertising Expenses	-	313.21	212.78	136.32	129.71	80.52

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