China Zhenhua (Group) Science & Technology Co., Ltd (SHE:000733)

SHE:000733 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,954	5,060	7,604	7,158	5,559	3,835
Other Revenue	159.51	159.51	185.77	108.98	96.6	114.69
Revenue	5,113	5,219	7,789	7,267	5,656	3,950
Revenue Growth (YoY)	-23.70%	-32.99%	7.19%	28.48%	43.20%	7.67%
Cost of Revenue	2,739	2,748	3,255	2,838	2,380	1,908
Gross Profit	2,375	2,471	4,534	4,429	3,276	2,042
Selling, General & Admin	957.47	1,006	1,006	1,051	1,177	790.21
Research & Development	353.61	359.38	440.34	516.19	369.82	331.81
Other Operating Expenses	47.63	36.95	55.74	64.81	49.93	-67.62
Operating Expenses	1,461	1,499	1,563	1,678	1,591	1,174
Operating Income	913.29	972.27	2,971	2,751	1,685	867.61
Interest Expense	-31.02	-33.92	-43.38	-39.82	-49.05	-55.34
Interest & Investment Income	94.93	96.07	53.93	37.39	36.42	37.75
Currency Exchange Gain (Loss)	-1.92	-1.92	0.45	0.47	0.53	0.15
Other Non Operating Income (Expenses)	-12.32	-12.66	-8.99	-10.04	12.15	-28.5
EBT Excluding Unusual Items	960.18	1,020	2,973	2,739	1,685	821.66
Gain (Loss) on Sale of Investments	8.54	2.21	21.61	-23.14	-21.16	22.13
Gain (Loss) on Sale of Assets	0.2	0.17	0.96	2.59	1.48	-2.32
Asset Writedown	-8.27	0.64	-1.35	-24.33	-11.43	-31.05
Other Unusual Items	98.53	87.99	124.29	58.26	105.36	-81.09
Pretax Income	1,059	1,111	3,119	2,753	1,759	729.34
Income Tax Expense	131.7	140	435.18	369.35	262.46	126.84
Earnings From Continuing Operations	927.47	970.85	2,683	2,383	1,497	602.5
Minority Interest in Earnings	-0.72	-0.66	-1.3	-0.59	-6.01	3.07
Net Income	926.76	970.18	2,682	2,383	1,491	605.57
Net Income to Common	926.76	970.18	2,682	2,383	1,491	605.57
Net Income Growth	-54.78%	-63.83%	12.57%	59.81%	146.21%	103.48%
Shares Outstanding (Basic)	554	554	523	518	515	515
Shares Outstanding (Diluted)	554	554	523	518	515	515
Shares Change (YoY)	4.36%	5.92%	0.91%	0.63%	0.05%	-0.00%
EPS (Basic)	1.67	1.75	5.13	4.60	2.89	1.18
EPS (Diluted)	1.67	1.75	5.13	4.60	2.89	1.18
EPS Growth	-56.67%	-65.85%	11.55%	58.81%	146.08%	103.48%
Free Cash Flow	1,001	1,138	767.52	383.06	858.76	-469.52
Free Cash Flow Per Share	1.80	2.05	1.47	0.74	1.67	-0.91
Dividend Per Share	0.180	0.180	1.114	1.145	0.300	0.150
Dividend Growth	-83.84%	-83.84%	-2.71%	281.67%	100.00%	200.00%
Gross Margin	46.44%	47.35%	58.21%	60.95%	57.92%	51.70%
Operating Margin	17.86%	18.63%	38.14%	37.86%	29.79%	21.97%
Profit Margin	18.12%	18.59%	34.43%	32.79%	26.36%	15.33%
Free Cash Flow Margin	19.57%	21.81%	9.85%	5.27%	15.18%	-11.89%
EBITDA	1,212	1,264	3,233	2,997	1,903	1,061
EBITDA Margin	23.71%	24.22%	41.51%	41.24%	33.64%	26.85%
D&A For EBITDA	298.98	291.67	262.42	245.33	217.6	193.02
EBIT	913.29	972.27	2,971	2,751	1,685	867.61
EBIT Margin	17.86%	18.63%	38.14%	37.86%	29.79%	21.97%
Effective Tax Rate	12.43%	12.60%	13.96%	13.42%	14.92%	17.39%
Revenue as Reported	5,113	5,219	7,789	7,267	5,656	3,950
Advertising Expenses	-	1.52	2.19	1.54	-	0.53

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