Geely Automobile Holdings Limited (HKG:0175)

Geely Automobile Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	240,194	179,204	147,965	101,611	92,114
Revenue Growth (YoY)	34.03%	21.11%	45.62%	10.31%	-5.43%
Cost of Revenue	201,993	151,789	127,069	84,199	77,377
Gross Profit	38,201	27,415	20,896	17,412	14,737
Selling, General & Admin	18,180	24,498	19,809	15,443	10,803
Research & Development	10,419	-	-	-	-
Other Operating Expenses	-	317	340.4	-	-
Operating Expenses	30,473	24,976	20,152	15,571	10,811
Operating Income	7,728	2,439	743.59	1,841	3,926
Interest Expense	-550.26	-417.01	-454.38	-264.83	-166.98
Interest & Investment Income	1,243	961.36	931.16	544.98	375.3
Earnings From Equity Investments	968.91	599.09	651.38	1,205	875.41
Currency Exchange Gain (Loss)	-1,619	-125.83	-78.58	124.82	-
Other Non Operating Income (Expenses)	2,385	1,634	1,111	1,186	1,032
EBT Excluding Unusual Items	10,155	5,091	2,904	4,637	6,041
Gain (Loss) on Sale of Investments	-	10.21	28.32	28.62	-
Gain (Loss) on Sale of Assets	9,159	-301.54	-	-	399.55
Asset Writedown	-987.83	-	-	-	-
Other Unusual Items	78.01	150.14	1,750	-	-
Pretax Income	18,404	4,950	4,682	4,665	6,441
Income Tax Expense	1,604	14.92	32.28	312.17	866.35
Earnings From Continuing Operations	16,799	4,935	4,650	4,353	5,575
Minority Interest in Earnings	-166.7	373.39	610.69	494.44	-40.84
Net Income	16,632	5,308	5,260	4,847	5,534
Preferred Dividends & Other Adjustments	144.84	142.44	137.48	127.39	137.22
Net Income to Common	16,488	5,166	5,123	4,720	5,397
Net Income Growth	213.32%	0.91%	8.52%	-12.40%	-32.43%
Shares Outstanding (Basic)	10,066	10,059	10,034	9,821	9,552
Shares Outstanding (Diluted)	10,103	10,130	10,147	9,887	9,561
Shares Change (YoY)	-0.26%	-0.17%	2.63%	3.40%	4.15%
EPS (Basic)	1.64	0.51	0.51	0.48	0.56
EPS (Diluted)	1.63	0.51	0.50	0.48	0.56
EPS Growth	219.98%	1.01%	5.76%	-14.75%	-37.08%
Free Cash Flow	23,475	16,631	12,502	12,515	-1,210
Free Cash Flow Per Share	2.32	1.64	1.23	1.27	-0.13
Dividend Per Share	0.310	0.200	0.186	0.171	0.168
Dividend Growth	55.29%	7.50%	8.58%	1.59%	-24.64%
Gross Margin	15.90%	15.30%	14.12%	17.14%	16.00%
Operating Margin	3.22%	1.36%	0.50%	1.81%	4.26%
Profit Margin	6.86%	2.88%	3.46%	4.64%	5.86%
Free Cash Flow Margin	9.77%	9.28%	8.45%	12.32%	-1.31%
EBITDA	11,018	5,226	3,564	4,302	6,116
EBITDA Margin	4.59%	2.92%	2.41%	4.23%	6.64%
D&A For EBITDA	3,290	2,787	2,821	2,461	2,190
EBIT	7,728	2,439	743.59	1,841	3,926
EBIT Margin	3.22%	1.36%	0.50%	1.81%	4.26%
Effective Tax Rate	8.72%	0.30%	0.69%	6.69%	13.45%

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.