Weichai Power Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	235,024	229,925	213,845	210,807	172,170	214,704
Other Revenue	1,884	1,884	1,846	3,152	2,987	5,511
Revenue	236,909	231,809	215,691	213,958	175,158	220,215
Revenue Growth (YoY)	9.29%	7.47%	0.81%	22.15%	-20.46%	11.62%
Cost of Revenue	187,519	183,055	168,369	171,342	144,546	179,293
Gross Profit	49,390	48,755	47,322	42,617	30,612	40,922
Selling, General & Admin	24,039	25,480	22,603	21,127	18,650	20,013
Research & Development	8,255	8,284	8,299	8,045	7,731	7,313
Other Operating Expenses	314.37	193.89	-316.17	270.31	466.66	791.32
Operating Expenses	32,602	33,837	31,074	29,832	27,337	28,444
Operating Income	16,788	14,918	16,248	12,785	3,274	12,477
Interest Expense	-3,604	-3,629	-3,854	-3,355	-1,401	-1,135
Interest & Investment Income	4,029	4,011	4,201	3,564	2,602	2,442
Currency Exchange Gain (Loss)	533.82	533.82	-189.19	14.72	-16.5	-191.81
Other Non Operating Income (Expenses)	-604.19	-65.21	-95.12	197.06	295.52	-0
EBT Excluding Unusual Items	17,142	15,768	16,310	13,206	4,754	13,593
Impairment of Goodwill	-	-	-83.57	-99.78	-92.05	-
Gain (Loss) on Sale of Investments	-50.03	-229.85	123.17	-371.15	799.93	390.86
Gain (Loss) on Sale of Assets	110.54	120.64	153.99	97.05	42.49	117.17
Asset Writedown	-154.41	-359.57	-62.07	-216.7	-141.21	-57
Other Unusual Items	914.26	914.26	879.71	536.01	721.64	415.9
Pretax Income	17,963	16,214	17,322	13,151	6,085	14,460
Income Tax Expense	3,121	2,534	3,044	1,940	402.52	2,276
Earnings From Continuing Operations	14,842	13,680	14,278	11,212	5,683	12,184
Minority Interest in Earnings	-3,536	-2,750	-2,874	-2,198	-777.68	-2,691
Net Income	11,305	10,931	11,403	9,014	4,905	9,493
Net Income to Common	11,305	10,931	11,403	9,014	4,905	9,493
Net Income Growth	-1.81%	-4.15%	26.51%	83.77%	-48.33%	2.86%
Shares Outstanding (Basic)	8,576	8,619	8,718	8,639	8,676	8,396
Shares Outstanding (Diluted)	8,600	8,643	8,718	8,639	8,676	8,396
Shares Change (YoY)	-1.57%	-0.85%	0.91%	-0.42%	3.33%	5.83%
EPS (Basic)	1.32	1.27	1.31	1.04	0.57	1.13
EPS (Diluted)	1.31	1.26	1.31	1.04	0.57	1.13
EPS Growth	-0.60%	-3.68%	25.78%	83.95%	-49.97%	-2.59%
Free Cash Flow	24,346	21,885	18,734	20,271	-8,985	14,465
Free Cash Flow Per Share	2.83	2.53	2.15	2.35	-1.04	1.72
Dividend Per Share	0.732	0.732	0.719	0.519	0.254	0.370
Dividend Growth	1.81%	1.81%	38.54%	104.33%	-31.35%	-3.39%
Gross Margin	20.85%	21.03%	21.94%	19.92%	17.48%	18.58%
Operating Margin	7.09%	6.44%	7.53%	5.98%	1.87%	5.67%
Profit Margin	4.77%	4.71%	5.29%	4.21%	2.80%	4.31%
Free Cash Flow Margin	10.28%	9.44%	8.69%	9.47%	-5.13%	6.57%
EBITDA	28,413	26,751	28,915	24,694	14,339	23,385
EBITDA Margin	11.99%	11.54%	13.41%	11.54%	8.19%	10.62%
D&A For EBITDA	11,625	11,834	12,668	11,909	11,065	10,907
EBIT	16,788	14,918	16,248	12,785	3,274	12,477
EBIT Margin	7.09%	6.44%	7.53%	5.98%	1.87%	5.67%
Effective Tax Rate	17.38%	15.63%	17.57%	14.75%	6.62%	15.74%
Revenue as Reported	236,909	231,809	215,691	213,958	175,158	220,215

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