Zhejiang Cfmoto Power Co.,Ltd

603129.SS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

2,105

Cost of Revenue

1,483

Gross Profit

622

Gross Margin

29.6%

Operating Income

228

Operating Margin

10.8%

Net Income

206

Net Margin

9.8%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

203

EBITDA Margin

9.7%

2023

12/31/2023

Revenue

1,695

Cost of Revenue

1,148

Gross Profit

547

Gross Margin

32.3%

Operating Income

168

Operating Margin

9.9%

Net Income

141

Net Margin

8.3%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

152

EBITDA Margin

9.0%

2022

12/31/2022

Revenue

1,593

Cost of Revenue

1,194

Gross Profit

399

Gross Margin

25.1%

Operating Income

109

Operating Margin

6.9%

Net Income

Net Margin

6.2%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

EBITDA Margin

5.9%

2021

12/31/2021

Revenue

1,101

Cost of Revenue

865

Gross Profit

235

Gross Margin

21.4%

Operating Income

Operating Margin

5.7%

Net Income

Net Margin

5.2%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

EBITDA Margin

6.0%

2020

12/31/2020

Revenue

634

Cost of Revenue

450

Gross Profit

184

Gross Margin

29.0%

Operating Income

Operating Margin

8.7%

Net Income

Net Margin

8.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

EBITDA Margin

9.7%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	2,105	1,695	1,593	1,101	634
Cost of Revenue	1,483	1,148	1,194	865	450
Gross Profit	622	547	399	235	184
Gross Margin	29.6%	32.3%	25.1%	21.4%	29.0%
Operating Income	228	168	109	62	55
Operating Margin	10.8%	9.9%	6.9%	5.7%	8.7%
Net Income	206	141	98	58	51
Net Margin	9.8%	8.3%	6.2%	5.2%	8.1%
EPS (Basic)	$1.00	$1.00	$1.00	$0.00	$0.00
EPS (Diluted)	$1.00	$1.00	$1.00	$0.00	$0.00
EBITDA	203	152	93	66	61
EBITDA Margin	9.7%	9.0%	5.9%	6.0%	9.7%