Zepp Health Corporation (ZEPP)

Zepp Health Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,495	4,143	6,250	6,433	5,812
Revenue Growth (YoY)	-39.77%	-33.72%	-2.85%	10.69%	59.44%
Cost of Revenue	1,838	3,340	4,944	5,101	4,345
Gross Profit	657.78	803.12	1,306	1,333	1,468
Selling, General & Admin	503.07	696.24	696.62	620.46	430.44
Research & Development	361.81	517.12	515.08	538.01	430.82
Operating Expenses	864.88	1,213	1,212	1,158	861.26
Operating Income	-207.1	-410.24	93.94	174.2	606.48
Interest Expense / Income	47.7	57	44.88	22.62	0
Other Expense / Income	-26.87	-113.06	-99.49	-108.33	-46.6
Pretax Income	-227.94	-354.18	148.55	259.91	653.08
Income Tax	-15.82	-65.88	10.75	31.15	77.89
Net Income	-212.12	-288.31	137.8	228.75	575.2
Preferred Dividends	0	0	0	0	2.45
Net Income Common	-212.12	-288.31	137.8	228.75	572.75
Net Income Growth	-	-	-39.76%	-60.06%	404.67%
Shares Outstanding (Basic)	243	246	252	248	244
Shares Outstanding (Diluted)	243	246	264	260	256
Shares Change	-1.28%	-6.84%	1.54%	1.72%	13.74%
EPS (Basic)	-3.48	-4.68	2.20	3.68	9.40
EPS (Diluted)	-3.48	-4.68	2.08	3.52	8.96
EPS Growth	-	-	-40.91%	-60.71%	339.22%
Free Cash Flow	298.72	-795.78	-275.97	73.75	393.72
Free Cash Flow Per Share	4.91	-12.93	-4.38	1.19	6.46
Dividend Per Share	-	0.100	-	-	-
Gross Margin	26.36%	19.39%	20.89%	20.71%	25.25%
Operating Margin	-8.30%	-9.90%	1.50%	2.71%	10.43%
Profit Margin	-8.50%	-6.96%	2.20%	3.56%	9.85%
Free Cash Flow Margin	11.97%	-19.21%	-4.42%	1.15%	6.77%
Effective Tax Rate	-	-	7.23%	11.99%	11.93%
EBITDA	-91.49	-197.99	286.85	357.85	697.98
EBITDA Margin	-3.67%	-4.78%	4.59%	5.56%	12.01%
Depreciation & Amortization	88.75	99.19	93.42	75.32	44.9
EBIT	-180.24	-297.18	193.43	282.53	653.08
EBIT Margin	-7.22%	-7.17%	3.09%	4.39%	11.24%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).