See more : Formosa Pharmaceuticals, Inc. (6838.TWO) Income Statement Analysis – Financial Results
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 |
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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.