Changan Minsheng APLL Logistics Co., Ltd. (HKG:1292)

HKG:1292 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
Operating Revenue	8,932	8,940	7,944	7,697	6,021	4,686
Other Revenue	29.8	23.44	24.99	-	-	-
Revenue	8,962	8,963	7,969	7,697	6,021	4,686
Revenue Growth (YoY)	9.96%	12.48%	3.53%	27.84%	28.50%	7.92%
Cost of Revenue	8,521	8,563	7,601	7,320	5,696	4,448
Gross Profit	440.38	400.52	368.14	377.41	324.92	237.22
Selling, General & Admin	279.84	279.76	262.87	341.62	314.07	253.35
Research & Development	19.29	22.98	26.46	-	-	-
Other Operating Expenses	35.55	32.37	28.03	-	-	-
Operating Expenses	341.72	341.67	308.25	341.62	314.07	253.35
Operating Income	98.66	58.86	59.89	35.79	10.86	-16.13
Interest Expense	-7.74	-13.97	-14.85	-5.8	-8.14	-6.29
Interest & Investment Income	74.02	78.19	20.27	19.77	15.2	15.4
Earnings From Equity Investments	-	-	-	-2.44	-2.31	-1.81
Currency Exchange Gain (Loss)	-4.78	-4.78	-0.92	4.9	-0.83	0.46
Other Non Operating Income (Expenses)	-0.17	-2.07	-2.69	18.3	38.33	26.01
EBT Excluding Unusual Items	159.98	116.22	61.7	70.52	53.11	17.64
Gain (Loss) on Sale of Investments	-39.27	-42.03	-1.24	-	-	-
Gain (Loss) on Sale of Assets	4.03	4.42	0.28	0.38	4.27	0.49
Asset Writedown	0.91	-0.49	-0.65	-	-	-
Legal Settlements	-2.35	-2.35	-	-	-	-
Other Unusual Items	-7.37	16.17	13.54	-2.6	1.47	5.11
Pretax Income	116.04	92.06	75.01	68.29	58.84	23.24
Income Tax Expense	35.41	23.68	17.05	21.78	16.73	9.45
Earnings From Continuing Operations	80.64	68.38	57.96	46.52	42.11	13.79
Minority Interest in Earnings	-8.47	-8.44	-1.52	-8.03	-12.96	-13.37
Net Income	72.16	59.94	56.45	38.48	29.15	0.42
Net Income to Common	72.16	59.94	56.45	38.48	29.15	0.42
Net Income Growth	25.34%	6.19%	46.68%	32.02%	6823.52%	-
Shares Outstanding (Basic)	171	162	162	162	162	162
Shares Outstanding (Diluted)	171	162	162	162	162	162
EPS (Basic)	0.42	0.37	0.35	0.24	0.18	0.00
EPS (Diluted)	0.42	0.37	0.35	0.24	0.18	0.00
EPS Growth	17.74%	6.19%	46.68%	32.02%	6825.45%	-
Free Cash Flow	-28.5	284.65	25.89	-79.53	-11.89	135.77
Free Cash Flow Per Share	-0.17	1.76	0.16	-0.49	-0.07	0.84
Dividend Per Share	0.250	0.200	0.200	0.150	0.050	-
Dividend Growth	25.00%	-	33.33%	200.00%	-	-
Gross Margin	4.91%	4.47%	4.62%	4.90%	5.40%	5.06%
Operating Margin	1.10%	0.66%	0.75%	0.46%	0.18%	-0.34%
Profit Margin	0.80%	0.67%	0.71%	0.50%	0.48%	0.01%
Free Cash Flow Margin	-0.32%	3.18%	0.33%	-1.03%	-0.20%	2.90%
EBITDA	211.44	172.71	193.26	124.73	91.73	72.56
EBITDA Margin	2.36%	1.93%	2.43%	1.62%	1.52%	1.55%
D&A For EBITDA	112.78	113.85	133.37	88.94	80.88	88.69
EBIT	98.66	58.86	59.89	35.79	10.86	-16.13
EBIT Margin	1.10%	0.66%	0.75%	0.46%	0.18%	-0.34%
Effective Tax Rate	30.51%	25.72%	22.73%	31.89%	28.44%	40.66%
Advertising Expenses	-	0.66	0.62	-	-	-

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