Zhejiang Lanyu Digital Technology Co. ,Ltd (SHE:301585)

SHE:301585 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	408.99	419.7	344.21	243.93	141.78	111.94
Other Revenue	58.76	58.76	39.42	28.42	15.62	16.24
Revenue	467.75	478.46	383.62	272.36	157.4	128.18
Revenue Growth (YoY)	71.74%	24.72%	40.85%	73.03%	22.80%	61.22%
Cost of Revenue	303.01	300.8	226.08	165.67	98.05	92.34
Gross Profit	164.74	177.66	157.55	106.69	59.35	35.85
Selling, General & Admin	45.8	41.52	34.89	21.1	15.31	17.48
Research & Development	22.71	22.14	20.06	13.44	8.7	7.15
Other Operating Expenses	3.97	3.63	3.71	3.11	1.91	1.64
Operating Expenses	71.82	70.4	60.27	39.73	27.09	26.7
Operating Income	92.92	107.26	97.28	66.95	32.26	9.15
Interest Expense	-0.84	-0.84	-0.84	-1.03	-0.39	-0.17
Interest & Investment Income	2.69	2.72	1.77	0.71	0.5	0.24
Currency Exchange Gain (Loss)	2.21	2.21	1.3	-0.9	-2.14	-0.03
Other Non Operating Income (Expenses)	-0.74	-0.03	-0.07	-0.13	-0.31	-0.47
EBT Excluding Unusual Items	96.24	111.32	99.43	65.6	29.92	8.72
Gain (Loss) on Sale of Investments	1.76	1.11	1.19	0.04	0.09	0.02
Gain (Loss) on Sale of Assets	0.21	0.04	-0.01	-	0.5	-0.05
Asset Writedown	0.29	-	-	-0.34	-0.71	0
Other Unusual Items	4	4	5.31	2.92	5.37	2.02
Pretax Income	102.51	116.47	105.92	68.22	35.16	10.71
Income Tax Expense	13.78	15.96	13.23	7.76	3.71	-0.12
Earnings From Continuing Operations	88.73	100.51	92.69	60.46	31.45	10.83
Minority Interest in Earnings	0.01	-	-	-0.25	-	-
Net Income	88.74	100.51	92.69	60.21	31.45	10.83
Net Income to Common	88.74	100.51	92.69	60.21	31.45	10.83
Net Income Growth	47.39%	8.44%	53.95%	91.46%	190.47%	-28.52%
Shares Outstanding (Basic)	65	60	60	60	60	60
Shares Outstanding (Diluted)	65	60	60	60	60	60
Shares Change (YoY)	8.61%	-0.60%	-0.03%	-0.44%	0.55%	9.73%
EPS (Basic)	1.38	1.68	1.54	1.00	0.52	0.18
EPS (Diluted)	1.36	1.68	1.54	1.00	0.52	0.18
EPS Growth	35.70%	9.09%	54.00%	92.31%	188.89%	-34.54%
Free Cash Flow	-54	11.65	28.83	4.26	16.9	1.74
Free Cash Flow Per Share	-0.83	0.20	0.48	0.07	0.28	0.03
Gross Margin	35.22%	37.13%	41.07%	39.17%	37.71%	27.96%
Operating Margin	19.86%	22.42%	25.36%	24.58%	20.50%	7.14%
Profit Margin	18.97%	21.01%	24.16%	22.11%	19.98%	8.45%
Free Cash Flow Margin	-11.54%	2.44%	7.52%	1.56%	10.73%	1.36%
EBITDA	108.8	122.6	110.44	-	-	-
EBITDA Margin	23.26%	25.62%	28.79%	-	-	-
D&A For EBITDA	15.88	15.34	13.17	-	-	-
EBIT	92.92	107.26	97.28	66.95	32.26	9.15
EBIT Margin	19.86%	22.42%	25.36%	24.58%	20.50%	7.14%
Effective Tax Rate	13.44%	13.71%	12.49%	11.38%	10.56%	-
Revenue as Reported	467.75	478.46	383.62	-	-	-
Advertising Expenses	-	4.2	3.13	-	-	-

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