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Complete financial analysis of ZK International Group Co., Ltd. (ZKIN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ZK International Group Co., Ltd., a leading company in the Steel industry within the Basic Materials sector.
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ZK International Group Co., Ltd. (ZKIN)
About ZK International Group Co., Ltd.
ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. It offers carbon and stainless steel strips; carbon and stainless steel pipes; light gauge stainless steel pipes; pipe connections and fittings; and couplings, unions, adapters, caps, plug pipes, elbows, three-way fittings, tees, cross, side-inlet elbows, wyes, reducers, bushings, pipe fasteners, and pipe flanges. The company also provides stainless steel band, copper strip, valve, light industry machinery and equipment, and other stainless steel products. Its products are used in various applications, including water and gas transmission within urban infrastructural development, residential housing development, food and beverage production, oil and gas exploitation, and agricultural irrigation. The company also exports its products to Europe, Africa, and Southeast Asia. ZK International Group Co., Ltd. was incorporated in 2015 and is based in Wenzhou, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111.60M | 102.39M | 99.41M | 86.85M | 63.88M | 54.88M | 44.95M | 36.81M | 34.99M |
| Cost of Revenue | 110.30M | 94.80M | 92.94M | 82.90M | 48.24M | 36.59M | 31.84M | 25.33M | 24.81M |
| Gross Profit | 1.30M | 7.60M | 6.47M | 3.94M | 15.64M | 18.29M | 13.11M | 11.48M | 10.17M |
| Gross Profit Ratio | 1.16% | 7.42% | 6.51% | 4.54% | 24.49% | 33.33% | 29.16% | 31.18% | 29.08% |
| Research & Development | 1.27M | 987.19K | 1.23M | 1.12M | 1.45M | 1.65M | 1.33M | 1.30M | 928.83K |
| General & Administrative | 5.14M | 5.42M | 5.77M | 2.48M | 2.90M | 4.07M | 1.78M | 1.60M | 1.05M |
| Selling & Marketing | 2.12M | 2.38M | 3.12M | 2.22M | 2.65M | 2.95M | 1.92M | 957.99K | 591.34K |
| SG&A | 7.26M | 7.80M | 8.89M | 4.70M | 5.55M | 7.02M | 3.70M | 2.56M | 1.64M |
| Other Expenses | 53.20M | -88.13K | 431.44K | 327.85K | 921.97K | 112.10K | 69.77K | 158.80K | 135.37K |
| Operating Expenses | 61.74M | 8.79M | 10.12M | 5.82M | 7.00M | -8.56M | -4.96M | -3.70M | -2.43M |
| Cost & Expenses | 172.04M | 83.15M | 103.06M | 88.73M | 55.24M | 28.03M | 26.88M | 21.63M | 22.38M |
| Interest Income | 36.70K | 109.29K | 13.73K | 7.19K | 24.44K | 10.70K | 24.46K | 51.06K | 132.75K |
| Interest Expense | 1.58M | 3.45M | 1.20M | 1.00M | 1.15M | 1.24M | 1.25M | 1.42M | 1.91M |
| Depreciation & Amortization | 975.71K | 1.50M | 1.05M | 449.83K | 388.92K | 407.74K | 438.40K | 442.79K | -507.71K |
| EBITDA | -59.19M | -2.44M | -2.11M | -814.83K | 9.04M | 10.03M | 8.52M | 8.27M | 8.37M |
| EBITDA Ratio | -53.04% | 0.30% | -2.17% | -1.26% | 15.63% | 18.27% | 18.95% | 21.93% | 23.19% |
| Operating Income | -60.44M | 1.83M | -3.65M | -1.88M | 8.65M | 9.62M | 8.08M | 7.62M | 7.61M |
| Operating Income Ratio | -54.16% | 1.79% | -3.68% | -2.16% | 13.53% | 17.52% | 17.97% | 20.69% | 21.74% |
| Total Other Income/Expenses | -1.31M | -3.43M | -700.83K | -385.84K | -204.64K | -1.12M | -1.15M | -1.21M | -1.64M |
| Income Before Tax | -61.75M | -7.40M | -4.35M | -2.27M | 8.44M | 8.50M | 6.93M | 6.41M | 5.96M |
| Income Before Tax Ratio | -55.33% | -7.22% | -4.38% | -2.61% | 13.21% | 15.49% | 15.41% | 17.41% | 17.04% |
| Income Tax Expense | -459.86K | 1.34M | -552.15K | -1.43M | 248.23K | 1.40M | 995.01K | 1.11M | 952.12K |
| Net Income | -61.06M | -8.74M | -3.80M | -837.02K | 8.11M | 7.02M | 5.87M | 5.25M | 5.01M |
| Net Income Ratio | -54.71% | -8.53% | -3.82% | -0.96% | 12.69% | 12.79% | 13.07% | 14.26% | 14.32% |
| EPS | -1.94 | -0.30 | -0.17 | -0.05 | 0.49 | 0.52 | 0.54 | 0.58 | 0.56 |
| EPS Diluted | -1.94 | -0.30 | -0.17 | -0.05 | 0.49 | 0.51 | 0.54 | 0.58 | 0.56 |
| Weighted Avg Shares Out | 31.45M | 29.31M | 21.87M | 16.56M | 16.55M | 13.61M | 10.97M | 9.00M | 9.00M |
| Weighted Avg Shares Out (Dil) | 31.45M | 29.43M | 21.87M | 16.56M | 16.55M | 13.76M | 10.97M | 9.00M | 9.00M |
ZK International Group Strengthens its Position with Expert Guidance from Donohoe Advisory
ZK International Group Co., Ltd. Announces Record Revenue of $49.66 Million, an Increase of 15.77% for the First Half of Fiscal Year 2023
ZK International Stock (ZKIN): Why The Price Substantially Increased
ZK International Through Its Ownership in MaximNFT, Partners With Aces, a Forbes List Of The World's Most Powerful Sports Agents, Launches NFTs for Its Athletes
3 NFT Stocks Getting the Most Attention on Reddit
MaximBet Launches in Colorado to Big Opening Weekend, Announces First-ever Halloween Party For Sports Fans
ZK International Invests an Additional $10 Million in Maximbet
ZK International's Subsidiary, xSigma, Appoints Jon Orlando as CEO of MaximNFT, Getting Ready to Launch Its NFT Marketplace Together with Maxim.com
ZKIN Stock: 1.28% Increase Explanation
ZK International's Blockchain Innovation Hub, xSigma, Launches MaximNFT.com, an Exclusive NFT Marketplace in Partnership with Maxim
Source: https://incomestatements.info
Category: Stock Reports
What was ZKIN’s revenue for the first half of 2024?
ZK International Group Co., (ZKIN) reported record revenue of $52.89 million for the first half of fiscal year 2024, a 6.5% increase from the same period last year. The company, which manufactures stainless steel and carbon steel pipe products, saw increased demand due to real estate market recovery.