ZHEJIANG CHINA COMMODITIES CITY

ZHEJIANG CHINA COMMODITIES CITY — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	15.7B	11.3B	7.6B	6.0B	3.7B	4.0B	3.6B	10.0B	7.0B	5.7B	3.8B	3.7B	3.6B	3.4B	3.2B	3.8B	2.6B	2.9B	1.9B	1.5B
Revenue Growth %	39.3%	48.3%	26.3%	61.9%	-7.8%	12.5%	-64.1%	42.3%	23.5%	48.3%	5.1%	1.2%	6.4%	7.1%	-15.8%	42.5%	-9.2%	53.9%	22.3%	--
Total Revenue	15.7B	11.3B	7.6B	6.0B	3.7B	4.0B	3.6B	10.0B	7.0B	5.7B	3.8B	3.7B	3.6B	3.4B	3.2B	3.8B	2.6B	2.9B	1.9B	1.5B
Cost Of Revenue	10.8B	8.3B	6.5B	4.0B	1.8B	1.7B	1.8B	6.8B	4.0B	3.4B	2.0B	1.8B	1.9B	1.8B	1.6B	2.0B	1.3B	1.9B	1.0B	971.0M
+Gross Profit	4.9B	3.0B	1.2B	2.0B	1.9B	2.3B	1.8B	3.3B	3.1B	2.3B	1.9B	1.8B	1.7B	1.6B	1.6B	1.8B	1.3B	1.0B	845.0M	573.0M
Gross Margin %	31.4%	26.5%	15.3%	33.2%	51.4%	58.0%	49.4%	32.6%	43.4%	41.0%	48.1%	50.3%	47.7%	47.9%	49.7%	47.0%	49.7%	35.5%	44.8%	37.1%
Total Operating Cost	12.1B	9.4B	7.5B	5.0B	2.8B	2.7B	3.3B	8.0B	5.4B	4.7B	3.3B	2.8B	2.7B	2.6B	2.1B	2.5B	1.8B	2.3B	1.4B	1.3B
Selling Expenses	321.0M	240.0M	198.0M	205.0M	242.0M	158.0M	120.0M	148.0M	177.0M	240.0M	196.0M	111.0M	155.0M	130.0M	121.0M	119.0M	120.0M	125.0M	135.0M	104.0M
Admin Expenses	581.0M	560.0M	529.0M	454.0M	378.0M	281.0M	291.0M	304.0M	281.0M	383.0M	473.0M	447.0M	332.0M	311.0M	201.0M	206.0M	213.0M	224.0M	178.0M	128.0M
Rd Expenses	23.2M	21.7M	17.4M	10.3M	18.5M	18.3M	23.8M	9.9M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	102.0M	125.0M	149.0M	180.0M	182.0M	228.0M	271.0M	194.0M	114.0M	361.0M	471.0M	226.0M	203.0M	217.0M	36.8M	-2.6M	11.2M	-3.7M	-779,700	14.6M
+Operating Income	4.0B	3.1B	1.1B	1.7B	1.4B	1.6B	1.4B	2.3B	1.6B	969.0M	543.0M	928.0M	907.0M	847.0M	1.1B	1.2B	835.0M	568.0M	459.0M	291.0M
Operating Margin %	25.5%	27.5%	15.1%	27.4%	38.8%	40.4%	38.3%	22.5%	22.9%	17.0%	14.1%	25.4%	25.1%	24.9%	34.1%	33.2%	31.6%	19.5%	24.3%	18.8%
Non Operating Income	24.0M	120.0M	7.5M	5.8M	4.4M	5.3M	58.2M	6.7M	24.3M	19.4M	18.7M	37.5M	35.2M	21.4M	6.9M	11.5M	4.0M	10.2M	207,800	77,500
Non Operating Expenses	2.3M	16.8M	4.2M	2.9M	26.6M	4.2M	16.0M	165.0M	283.0M	37.6M	18.1M	21.8M	6.3M	4.2M	13.6M	4.1M	3.4M	13.2M	3.6M	900,200
Investment Income	263.0M	1.1B	1.0B	634.0M	524.0M	204.0M	1.1B	225.0M	-69.5M	19.6M	31.9M	27.4M	29.9M	32.9M	4.5M	88,700	15.3M	11.4M	11.4M	-3.5M
Fair Value Change Income	12.9M	-52.4M	-5.3M	7.2M	-33.0M	33.7M	--	--	--	--	--	--	--	--	--	--	--	--	2.0M	--
Asset Disposal Income	260,400	154.0M	-941,800	76,000	8.2M	140,300	175,500	30,300	-75,200	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	--	--	--	--	--	-639,700	548.0M	31.1M	279.0M	18.6M	8.3M	-1.2M	1.4M	1.0M	1.2M	316,000	-952,800	-1.8M	4.4M	--
Other Income	45.4M	32.2M	38.8M	23.6M	18.0M	9.0M	13.4M	12.2M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	4.0B	3.2B	1.1B	1.7B	1.4B	1.6B	1.4B	2.1B	1.4B	950.0M	544.0M	943.0M	935.0M	864.0M	1.1B	1.3B	836.0M	565.0M	455.0M	292.0M
Income Tax	950.0M	527.0M	46.2M	328.0M	500.0M	384.0M	379.0M	684.0M	350.0M	288.0M	138.0M	236.0M	227.0M	219.0M	264.0M	317.0M	209.0M	191.0M	153.0M	94.5M
+Net Income	3.1B	2.7B	1.1B	1.3B	922.0M	1.2B	1.0B	1.4B	1.0B	663.0M	406.0M	708.0M	708.0M	646.0M	810.0M	941.0M	627.0M	374.0M	302.0M	198.0M
Net Margin %	19.6%	23.7%	14.5%	22.0%	24.7%	30.9%	29.0%	14.1%	14.3%	11.6%	10.6%	19.4%	19.6%	19.0%	25.6%	25.0%	23.8%	12.9%	16.0%	12.8%
Net Income Attributable	3.1B	2.7B	1.1B	1.3B	927.0M	1.3B	1.1B	1.5B	1.1B	688.0M	409.0M	707.0M	707.0M	646.0M	809.0M	916.0M	609.0M	362.0M	302.0M	195.0M
Minority Interest	4.6M	5.2M	-1.1M	-4.9M	-4.8M	-6.4M	-40.9M	-50.6M	-56.9M	-25.6M	-2.5M	270,400	1.4M	-529,900	1.4M	25.3M	18.1M	12.0M	558,500	2.6M
Eps Basic	0.56	0.49	0.20	0.25	0.17	0.23	0.20	0.27	0.19	0.13	0.08	0.26	0.26	0.24	0.30	0.68	1.08	1.45	2.41	1.56
Eps Diluted	0.56	0.49	0.20	0.25	0.17	0.23	0.20	0.27	0.19	0.13	0.08	0.26	0.26	0.24	0.30	0.68	1.08	--	2.41	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	5.5B	2.9B	2.0B	4.8B	5.6B	6.5B	3.2B	2.1B	833.0M	1.2B	1.7B	1.0B	1.3B	2.2B	632.0M	499.0M	674.0M	849.0M	519.0M	445.0M
Trading Financial Assets	400.0M	15.1M	62.3M	75.4M	51.7M	38.1M	--	--	--	--	--	--	--	--	--	--	--	--	4.7M	4.9M
Accounts Receivable	486.0M	593.0M	211.0M	185.0M	154.0M	16.0M	13.0M	29.0M	91.9M	79.4M	95.7M	71.0M	67.6M	86.8M	72.8M	79.5M	77.6M	51.0M	33.4M	36.4M
Notes Receivable	11.2M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Notes And Accounts Receivable	497.0M	593.0M	211.0M	185.0M	154.0M	16.0M	13.0M	29.0M	91.9M	79.4M	95.7M	71.0M	67.6M	86.8M	72.8M	79.5M	77.6M	51.0M	33.4M	36.4M
Prepayments	1.1B	986.0M	606.0M	875.0M	105.0M	44.7M	15.7M	15.8M	109.0M	88.1M	22.4M	16.0M	21.7M	95.9M	2.4B	1.1B	40.0M	595.0M	37.0M	45.4M
Inventory	1.4B	1.2B	1.3B	1.3B	1.3B	4.3B	3.3B	5.1B	8.9B	9.7B	9.9B	8.9B	5.4B	5.1B	2.6B	2.6B	2.9B	412.0M	1.2B	914.0M
Total Current Assets	9.7B	6.5B	5.3B	8.9B	10.1B	15.4B	12.1B	7.9B	11.5B	13.2B	12.2B	10.4B	7.4B	7.5B	5.8B	4.4B	3.8B	1.9B	1.9B	1.5B
Long Term Equity Investment	6.9B	7.0B	6.0B	5.8B	3.8B	1.8B	1.2B	1.2B	891.0M	1.0B	770.0M	748.0M	870.0M	768.0M	650.0M	56.7M	4.5M	11.8M	11.8M	22.3M
Fixed Assets	--	4.9B	5.2B	5.1B	5.2B	4.8B	5.1B	6.0B	6.4B	5.1B	5.5B	5.7B	4.6B	5.1B	3.7B	4.0B	3.7B	1.9B	2.1B	3.3B
Fixed Assets Total	5.5B	4.9B	5.2B	5.1B	5.2B	4.8B	5.1B	6.0B	6.4B	5.1B	5.5B	5.7B	4.6B	5.1B	3.7B	4.0B	3.7B	1.9B	2.1B	3.3B
Construction In Progress	--	4.0B	2.9B	1.1B	983.0M	866.0M	1.1B	606.0M	162.0M	2.3B	1.3B	271.0M	834.0M	283.0M	1.3B	378.0M	252.0M	98,300	103,300	426,100
Construction In Progress Total	2.3B	4.0B	2.9B	1.1B	983.0M	866.0M	1.1B	606.0M	162.0M	2.3B	1.3B	271.0M	834.0M	283.0M	1.3B	378.0M	252.0M	98,300	103,300	426,100
Intangible Assets	5.2B	6.2B	6.5B	4.0B	3.9B	3.5B	3.8B	3.9B	4.0B	4.3B	4.1B	4.1B	4.0B	3.7B	3.8B	3.9B	3.9B	774.0M	794.0M	26.7M
Long Term Deferred Expenses	407.0M	330.0M	307.0M	188.0M	111.0M	140.0M	151.0M	277.0M	415.0M	354.0M	506.0M	491.0M	219.0M	333.0M	186.0M	225.0M	240.0M	45.2M	123.0M	3.8M
Total Non Current Assets	29.4B	29.7B	26.9B	22.1B	18.6B	15.9B	14.8B	16.0B	15.7B	16.4B	16.3B	13.6B	10.9B	10.6B	9.9B	8.8B	8.3B	2.9B	3.2B	3.4B
Total Assets	39.2B	36.2B	32.1B	31.0B	28.8B	31.3B	26.9B	23.9B	27.1B	29.6B	28.5B	24.1B	18.3B	18.1B	15.6B	13.2B	12.1B	4.8B	5.1B	4.9B
Short Term Borrowings	60.1M	1.6B	1.1B	943.0M	1.3B	4.2B	3.9B	3.1B	1.2B	743.0M	2.0B	4.2B	983.0M	1.1B	1.7B	663.0M	158.0M	--	--	10.0M
Accounts Payable	1.5B	1.4B	1.2B	493.0M	636.0M	525.0M	694.0M	787.0M	1.4B	1.1B	1.4B	975.0M	424.0M	774.0M	464.0M	749.0M	773.0M	295.0M	401.0M	373.0M
Advance Receipts	217.0M	602.0M	886.0M	154.0M	113.0M	4.5B	4.4B	3.3B	9.1B	11.2B	6.2B	5.6B	4.2B	3.8B	2.9B	3.7B	4.3B	2.4B	3.0B	2.8B
Contract Liabilities	5.9B	4.1B	4.0B	4.1B	2.4B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	17.6B	13.7B	12.4B	15.1B	11.1B	12.9B	13.1B	9.5B	13.9B	17.3B	15.8B	12.0B	8.4B	9.1B	8.3B	6.8B	6.3B	3.2B	3.9B	3.7B
Long Term Borrowings	658.0M	863.0M	404.0M	771.0M	282.0M	531.0M	800.0M	780.0M	760.0M	1.7B	1.5B	1.0B	300.0M	500.0M	140.0M	--	200.0M	--	--	100.0M
Total Non Current Liabilities	1.0B	4.8B	4.4B	1.3B	4.1B	5.3B	1.9B	2.8B	2.6B	2.4B	3.4B	3.0B	1.6B	1.2B	148.0M	9.8M	200.0M	--	--	100.0M
Total Liabilities	18.6B	18.5B	16.8B	16.4B	15.2B	18.2B	15.1B	12.3B	16.6B	19.7B	19.2B	15.0B	10.0B	10.3B	8.5B	6.8B	6.5B	3.2B	3.9B	3.8B
Paid In Capital	5.5B	5.5B	5.5B	5.5B	5.5B	5.4B	5.4B	5.4B	5.4B	5.4B	2.7B	2.7B	2.7B	2.7B	1.4B	680.0M	340.0M	125.0M	125.0M	125.0M
Capital Reserve	2.4B	1.7B	1.7B	1.6B	1.6B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	2.8B	3.5B	3.5B	346.0M	346.0M	348.0M
Surplus Reserve	2.2B	1.9B	1.6B	1.5B	1.4B	1.2B	1.1B	1.1B	903.0M	810.0M	676.0M	629.0M	557.0M	487.0M	422.0M	346.0M	263.0M	197.0M	174.0M	148.0M
Retained Earnings	10.4B	8.7B	6.7B	6.1B	5.2B	4.8B	3.8B	3.1B	2.2B	1.5B	4.0B	3.9B	3.5B	3.1B	2.6B	1.8B	1.4B	853.0M	513.0M	359.0M
Minority Equity	68.7M	15.5M	18.8M	20.0M	16.5M	63.7M	63.0M	356.0M	406.0M	438.0M	464.0M	416.0M	17.2M	15.1M	9.7M	58.4M	45.8M	35.0M	23.9M	26.0M
Equity Attributable	20.5B	17.7B	15.3B	14.6B	13.6B	13.0B	11.8B	11.2B	10.1B	9.5B	8.8B	8.7B	8.2B	7.8B	7.2B	6.4B	5.5B	1.5B	1.2B	980.0M
Total Equity	20.6B	17.7B	15.3B	14.6B	13.6B	13.1B	11.8B	11.5B	10.5B	9.9B	9.3B	9.1B	8.3B	7.8B	7.2B	6.4B	5.6B	1.6B	1.2B	1.0B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	18.5B	11.8B	8.7B	8.1B	4.4B	4.1B	5.0B	4.6B	5.0B	10.7B	4.3B	4.8B	4.0B	4.3B	2.3B	2.8B	4.9B	2.3B	2.0B	2.5B
Tax Refunds Received	51.3M	41.5M	319.0M	--	4.5M	300.00	1.5M	85.6M	84.4M	107.0M	112.0M	137.0M	120.0M	130.0M	100.0M	78.1M	42.2M	62.4M	64.9M	60.8M
Total Operating Cash Inflow	18.8B	12.2B	9.4B	8.6B	4.9B	4.4B	5.2B	4.7B	5.2B	10.9B	4.5B	5.0B	4.5B	4.7B	2.9B	3.0B	5.1B	2.5B	2.1B	3.0B
Cash Paid For Goods	12.0B	8.7B	6.1B	4.7B	2.4B	4.3B	2.1B	2.6B	2.1B	2.1B	1.9B	3.8B	1.4B	1.2B	2.3B	2.2B	3.0B	1.6B	880.0M	1.0B
Cash Paid To Employees	531.0M	554.0M	522.0M	551.0M	586.0M	542.0M	544.0M	505.0M	456.0M	480.0M	436.0M	396.0M	326.0M	323.0M	239.0M	186.0M	199.0M	159.0M	112.0M	84.4M
Taxes Paid	1.1B	608.0M	805.0M	787.0M	474.0M	711.0M	664.0M	830.0M	1.3B	1.1B	707.0M	645.0M	653.0M	723.0M	590.0M	410.0M	409.0M	315.0M	326.0M	161.0M
Total Operating Cash Outflow	14.3B	10.3B	8.0B	6.6B	4.0B	6.0B	3.9B	4.5B	4.1B	4.0B	3.4B	5.4B	2.6B	2.4B	3.4B	3.1B	3.7B	2.1B	1.6B	1.7B
Operating Cash Flow	4.5B	1.8B	1.4B	2.0B	829.0M	-1.5B	1.3B	274.0M	1.1B	6.8B	1.1B	-326.0M	1.9B	2.3B	-468.0M	-136.0M	1.3B	329.0M	543.0M	1.3B
Total Investing Cash Inflow	3.4B	1.3B	2.4B	10.2B	18.1B	7.7B	8.6B	4.6B	3.4B	4.6B	3.2B	1.8B	1.0B	2.8B	14.9M	10.1M	25.7M	31.1M	19.1M	5.7M
Total Investing Cash Outflow	2.2B	2.7B	4.8B	8.6B	17.4B	7.6B	10.5B	4.9B	2.8B	7.1B	6.2B	4.7B	2.6B	3.9B	2.2B	538.0M	1.9B	30.8M	155.0M	653.0M
Investing Cash Flow	1.2B	-1.4B	-2.4B	1.7B	636.0M	102.0M	-1.9B	-319.0M	644.0M	-2.5B	-3.0B	-2.9B	-1.6B	-1.1B	-2.2B	-528.0M	-1.9B	316,700	-135.0M	-647.0M
Cash From Borrowings	6.4B	7.6B	14.4B	12.3B	13.1B	16.3B	8.8B	6.6B	6.4B	9.8B	12.0B	9.7B	6.7B	4.6B	3.4B	1.2B	1.6B	270.0M	--	1.1B
Dividends And Interest Paid	1.4B	595.0M	652.0M	651.0M	537.0M	772.0M	735.0M	571.0M	506.0M	863.0M	670.0M	543.0M	566.0M	211.0M	58.4M	110.0M	32.9M	2.8M	135.0M	73.2M
Debt Repayments	8.0B	6.5B	14.8B	13.3B	15.6B	13.3B	6.9B	4.7B	7.9B	14.1B	8.8B	6.3B	9.0B	6.8B	2.4B	690.0M	1.2B	270.0M	200.0M	1.3B
Total Financing Cash Inflow	6.4B	7.6B	14.4B	12.3B	13.3B	16.3B	8.8B	6.6B	6.5B	9.8B	12.0B	9.8B	8.5B	7.3B	5.4B	1.2B	1.6B	277.0M	300,000	1.1B
Total Financing Cash Outflow	9.5B	7.1B	15.5B	14.0B	16.2B	14.1B	7.6B	5.2B	8.4B	15.0B	9.4B	6.9B	9.6B	7.1B	2.5B	800.0M	1.2B	273.0M	338.0M	1.4B
Financing Cash Flow	-3.1B	460.0M	-1.1B	-1.7B	-2.9B	2.2B	1.2B	1.4B	-2.0B	-5.2B	2.6B	2.9B	-1.1B	233.0M	2.9B	395.0M	317.0M	4.7M	-338.0M	-315.0M
Net Change In Cash	2.6B	929.0M	-2.0B	2.0B	-1.4B	795.0M	645.0M	1.3B	-239.0M	-799.0M	756.0M	-358.0M	-731.0M	1.4B	234.0M	-269.0M	-197.0M	334.0M	69.4M	309.0M
Ending Cash Balance	5.5B	2.9B	2.0B	4.0B	2.0B	3.4B	2.6B	2.0B	639.0M	878.0M	1.7B	920.0M	1.3B	2.0B	611.0M	377.0M	646.0M	843.0M	508.0M	--
Capex	1.5B	2.6B	4.1B	2.0B	1.2B	952.0M	440.0M	529.0M	781.0M	1.6B	1.5B	1.6B	1.3B	759.0M	1.6B	470.0M	1.8B	23.4M	154.0M	652.0M