Zhejiang Changsheng Sliding Bearings Co., Ltd. (SHE:300718)

SHE:300718 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	1,119	1,113	1,082	1,046	964.79	643.23
Other Revenue	24.75	24.75	23.86	25.12	20.19	12.02
Revenue	1,143	1,137	1,105	1,071	984.97	655.25
Revenue Growth (YoY)	1.81%	2.89%	3.18%	8.77%	50.32%	9.05%
Cost of Revenue	751.65	743.8	714.88	763.9	716.58	424.5
Gross Profit	391.81	393.65	390.57	307.49	268.4	230.75
Selling, General & Admin	90.29	88.15	83.5	80.08	77.55	58.37
Research & Development	49.61	49.82	49.68	44.32	41.21	33.4
Other Operating Expenses	11.47	8.57	6.96	8.17	6.45	5.84
Operating Expenses	152.27	147.64	140.25	133.28	124.51	98.85
Operating Income	239.54	246.01	250.33	174.22	143.89	131.9
Interest Expense	-3.07	-3.19	-2.91	-3.35	-1	-
Interest & Investment Income	16.93	16.42	19.3	23.95	28.46	33.57
Currency Exchange Gain (Loss)	1.97	1.97	9.03	7.59	-10.54	-0.39
Other Non Operating Income (Expenses)	5.84	-0.65	-1.01	-0.28	-0.29	-0.21
EBT Excluding Unusual Items	261.22	260.57	274.75	202.12	160.52	164.87
Gain (Loss) on Sale of Investments	6.72	6.08	5.14	-100.27	4.07	-0.28
Gain (Loss) on Sale of Assets	0.01	-0.16	0.57	0.15	4.17	-0.11
Asset Writedown	-0.95	-0.95	-5.21	-0.07	-0.06	-1.39
Other Unusual Items	9.73	8.94	6.73	11.35	9.73	6.32
Pretax Income	276.73	274.48	281.98	113.28	178.43	169.41
Income Tax Expense	39.57	38.72	40.12	12.14	22.71	23.2
Earnings From Continuing Operations	237.16	235.76	241.85	101.14	155.72	146.22
Minority Interest in Earnings	-7.26	-6.66	0.39	0.95	-0.67	-0.9
Net Income	229.9	229.1	242.24	102.1	155.05	145.32
Net Income to Common	229.9	229.1	242.24	102.1	155.05	145.32
Net Income Growth	-5.35%	-5.43%	137.26%	-34.15%	6.69%	13.61%
Shares Outstanding (Basic)	294	298	299	300	298	297
Shares Outstanding (Diluted)	294	298	299	300	298	297
Shares Change (YoY)	-1.89%	-0.51%	-0.41%	0.71%	0.54%	0.47%
EPS (Basic)	0.78	0.77	0.81	0.34	0.52	0.49
EPS (Diluted)	0.78	0.77	0.81	0.34	0.52	0.49
EPS Growth	-3.53%	-4.94%	138.23%	-34.62%	6.12%	13.09%
Free Cash Flow	209.61	227.58	189.78	76.55	2.13	-1.3
Free Cash Flow Per Share	0.71	0.77	0.64	0.26	0.01	-0.00
Dividend Per Share	0.403	0.403	0.403	0.350	0.350	0.333
Dividend Growth	-	-	15.14%	-	5.01%	127.20%
Gross Margin	34.27%	34.61%	35.33%	28.70%	27.25%	35.22%
Operating Margin	20.95%	21.63%	22.64%	16.26%	14.61%	20.13%
Profit Margin	20.11%	20.14%	21.91%	9.53%	15.74%	22.18%
Free Cash Flow Margin	18.33%	20.01%	17.17%	7.14%	0.22%	-0.20%
EBITDA	305.06	311.2	314.2	232.47	195.3	176.65
EBITDA Margin	26.68%	27.36%	28.42%	21.70%	19.83%	26.96%
D&A For EBITDA	65.52	65.19	63.87	58.26	51.41	44.75
EBIT	239.54	246.01	250.33	174.22	143.89	131.9
EBIT Margin	20.95%	21.63%	22.64%	16.26%	14.61%	20.13%
Effective Tax Rate	14.30%	14.11%	14.23%	10.71%	12.73%	13.69%
Revenue as Reported	1,143	1,137	1,105	1,071	984.97	655.25
Advertising Expenses	-	0.93	0.67	0.28	0.66	0.96

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