Weichai Power Co., Ltd. (HKG: 2338)

Weichai Power Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	212,377	210,807	172,170	214,704	191,704	171,001
Other Revenue	3,152	3,152	2,987	5,511	5,584	3,360
Revenue	215,529	213,958	175,158	220,215	197,288	174,361
Revenue Growth (YoY)	5.13%	22.15%	-20.46%	11.62%	13.15%	9.48%
Cost of Revenue	167,498	169,747	144,546	179,293	159,489	136,692
Gross Profit	48,031	44,212	30,612	40,922	37,800	37,669
Selling, General & Admin	23,669	22,722	18,650	20,013	18,593	18,057
Research & Development	8,600	8,045	7,731	7,313	6,013	5,228
Other Operating Expenses	-613.64	270.31	466.66	791.32	832	663.96
Operating Expenses	31,989	31,427	27,337	28,444	25,954	24,220
Operating Income	16,041	12,785	3,274	12,477	11,846	13,448
Interest Expense	-3,998	-3,355	-1,401	-1,135	-1,139	-1,233
Interest & Investment Income	4,186	3,564	2,602	2,442	2,575	1,762
Currency Exchange Gain (Loss)	14.72	14.72	-16.5	-191.81	-300.26	-48.38
Other Non Operating Income (Expenses)	-405.79	-48.98	295.52	-0	29.09	-1.78
EBT Excluding Unusual Items	15,838	12,960	4,754	13,593	13,011	13,927
Impairment of Goodwill	-99.78	-99.78	-92.05	-	-	-
Gain (Loss) on Sale of Investments	-394.06	-371.15	799.93	390.86	-409.6	65.26
Gain (Loss) on Sale of Assets	136.78	97.05	42.49	117.17	31.75	66.78
Asset Writedown	-190.28	-216.7	-141.21	-57	-252.35	-220.94
Other Unusual Items	782.05	782.05	721.64	415.9	327.71	513.9
Pretax Income	16,072	13,151	6,085	14,460	12,708	14,352
Income Tax Expense	2,516	1,940	402.52	2,276	1,412	2,445
Earnings From Continuing Operations	13,556	11,212	5,683	12,184	11,296	11,907
Minority Interest in Earnings	-2,642	-2,198	-777.68	-2,691	-2,068	-2,802
Net Income	10,914	9,014	4,905	9,493	9,228	9,105
Net Income to Common	10,914	9,014	4,905	9,493	9,228	9,105
Net Income Growth	34.85%	83.77%	-48.33%	2.86%	1.35%	5.17%
Shares Outstanding (Basic)	8,634	8,639	8,676	8,396	7,934	7,917
Shares Outstanding (Diluted)	8,634	8,639	8,676	8,396	7,934	7,917
Shares Change (YoY)	-0.07%	-0.42%	3.33%	5.83%	0.21%	-1.23%
EPS (Basic)	1.26	1.04	0.57	1.13	1.16	1.15
EPS (Diluted)	1.26	1.04	0.57	1.13	1.16	1.15
EPS Growth	34.58%	83.95%	-49.97%	-2.59%	0.87%	6.48%
Free Cash Flow	13,260	20,271	-8,985	14,465	17,226	18,441
Free Cash Flow Per Share	1.54	2.35	-1.04	1.72	2.17	2.33
Dividend Per Share	0.665	0.519	0.254	0.370	0.383	0.286
Dividend Growth	73.18%	104.33%	-31.35%	-3.39%	33.92%	-37.83%
Gross Margin	22.28%	20.66%	17.48%	18.58%	19.16%	21.60%
Operating Margin	7.44%	5.98%	1.87%	5.67%	6.00%	7.71%
Profit Margin	5.06%	4.21%	2.80%	4.31%	4.68%	5.22%
Free Cash Flow Margin	6.15%	9.47%	-5.13%	6.57%	8.73%	10.58%
EBITDA	24,741	22,499	14,339	23,385	20,633	21,456
EBITDA Margin	11.48%	10.52%	8.19%	10.62%	10.46%	12.31%
D&A For EBITDA	8,700	9,713	11,065	10,907	8,787	8,008
EBIT	16,041	12,785	3,274	12,477	11,846	13,448
EBIT Margin	7.44%	5.98%	1.87%	5.67%	6.00%	7.71%
Effective Tax Rate	15.65%	14.75%	6.61%	15.74%	11.11%	17.03%
Revenue as Reported	215,529	213,958	175,158	220,215	197,288	174,361

Source: S&P Capital IQ. Standard template. Financial Sources.