China MeiDong Auto Holdings Limited (HKG:1268)

HKG:1268 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21,633	22,154	28,555	28,655	23,577	20,207
Revenue Growth (YoY)	-13.89%	-22.41%	-0.35%	21.54%	16.67%	24.66%
Cost of Revenue	20,402	20,593	26,477	26,137	20,806	18,172
Gross Profit	1,230	1,561	2,078	2,517	2,771	2,035
Selling, General & Admin	1,145	1,247	1,610	1,671	1,320	985.07
Other Operating Expenses	-86.82	-100.6	-105.56	-202.12	-172.22	-140.73
Operating Expenses	1,058	1,146	1,505	1,469	1,147	844.34
Operating Income	172.27	414.88	573.2	1,049	1,623	1,191
Interest Expense	-173.78	-239.33	-291.16	-275.04	-133.28	-136.94
Interest & Investment Income	55.39	103.97	108.62	46.12	20.96	22.29
Earnings From Equity Investments	13.61	17.49	20.46	24.94	48.02	43.16
Currency Exchange Gain (Loss)	-13.79	-21.59	-1.81	-16.25	-20.2	-95.54
EBT Excluding Unusual Items	55.26	275.42	409.3	828.71	1,539	1,024
Impairment of Goodwill	-856.23	-943.47	-43.52	-	-	-
Gain (Loss) on Sale of Assets	-9.22	-10.21	25.25	34.83	44.31	28.12
Asset Writedown	-2,771	-1,967	-18.04	-	-	-
Other Unusual Items	-92.32	11.23	11.48	-	29.71	-
Pretax Income	-3,674	-2,635	384.47	863.54	1,613	1,052
Income Tax Expense	-619.74	-375.69	228.69	307.6	399.42	281.64
Earnings From Continuing Operations	-3,054	-2,259	155.78	555.94	1,213	770.58
Minority Interest in Earnings	2.33	-5.23	-15.58	-34.91	-47.7	-20.02
Net Income	-3,052	-2,264	140.2	521.03	1,166	750.56
Net Income to Common	-3,052	-2,264	140.2	521.03	1,166	750.56
Net Income Growth	-	-	-73.09%	-55.30%	55.30%	36.26%
Shares Outstanding (Basic)	1,346	1,346	1,343	1,273	1,245	1,207
Shares Outstanding (Diluted)	1,346	1,346	1,346	1,283	1,262	1,223
Shares Change (YoY)	-0.08%	-0.02%	4.95%	1.68%	3.15%	4.98%
EPS (Basic)	-2.27	-1.68	0.10	0.41	0.94	0.62
EPS (Diluted)	-2.27	-1.68	0.10	0.41	0.92	0.61
EPS Growth	-	-	-74.37%	-56.04%	50.55%	29.81%
Free Cash Flow	443.66	753.74	469.06	870.43	1,449	872.69
Free Cash Flow Per Share	0.33	0.56	0.35	0.68	1.15	0.71
Dividend Per Share	0.044	0.044	0.042	0.198	0.828	0.386
Dividend Growth	34.85%	6.71%	-78.92%	-76.12%	114.56%	47.93%
Gross Margin	5.69%	7.05%	7.28%	8.79%	11.75%	10.07%
Operating Margin	0.80%	1.87%	2.01%	3.66%	6.88%	5.89%
Profit Margin	-14.11%	-10.22%	0.49%	1.82%	4.94%	3.71%
Free Cash Flow Margin	2.05%	3.40%	1.64%	3.04%	6.15%	4.32%
EBITDA	517.65	822.81	1,005	1,405	1,802	1,330
EBITDA Margin	2.39%	3.71%	3.52%	4.90%	7.64%	6.58%
D&A For EBITDA	345.38	407.93	432.25	355.59	178.72	138.64
EBIT	172.27	414.88	573.2	1,049	1,623	1,191
EBIT Margin	0.80%	1.87%	2.01%	3.66%	6.88%	5.89%
Effective Tax Rate	-	-	59.48%	35.62%	24.77%	26.77%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.